Common use of Inventions and Intellectual Property Clause in Contracts

Inventions and Intellectual Property. The Participant hereby assigns to Company, the Participant’s entire right, title, and interest in any Intellectual Property Developments. The Participant will promptly disclose Intellectual Property Developments to Company’s management as appropriate and will, on the Company’s request, promptly execute a specific assignment of title to the Company, and do anything else reasonably necessary to enable the Company to secure a patent, copyright or other form of protection therefor in the United States and in other countries. The Company is not required to designate the Participant as author of any design, computer program or related documentation, or other work of authorship assigned by the Participant to the company when distributed publicly or otherwise, nor to make any distribution. The Participant waives and releases, to the extent permitted by law, all of the Participant’s rights to the foregoing.

Appears in 5 contracts

Samples: Performance Based Restricted Stock Unit Agreement (CPI Card Group Inc.), Restricted Stock Unit Agreement (CPI Card Group Inc.), Restricted Stock Unit Agreement (CPI Card Group Inc.)

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