Common use of Inventions and Designs Clause in Contracts

Inventions and Designs. (i) The Optionee will promptly disclose to the Company all Inventions that the Optionee develops, either alone or with others, during the period of the Optionee’s employment. All inventions that the Optionee has developed prior to this date have been identified by the Optionee to the Company. The Optionee shall make and maintain adequate and current written records of all Inventions covered by this Agreement. These records shall be and remain the property of the Company.

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Newell Brands Inc.), Non Qualified Stock Option Agreement (Newell Brands Inc.), Non Qualified Stock Option Agreement (Newell Brands Inc.)

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Inventions and Designs. (i) The i)The Optionee will promptly disclose to the Company all Inventions that the Optionee develops, either alone or with others, during the period of the Optionee’s employment. All inventions that the Optionee has developed prior to this date have been identified by the Optionee to the Company. The Optionee shall make and maintain adequate and current written records of all Inventions covered by this Agreement. These records shall be and remain the property of the Company.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Newell Brands Inc.)

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