Inventions and Secrecy Sample Clauses
The 'Inventions and Secrecy' clause establishes the rules governing the ownership, disclosure, and confidentiality of inventions or intellectual property created during the course of a contractual relationship. Typically, this clause requires that any inventions developed by an employee or contractor in connection with their work must be promptly disclosed to the employer or contracting party, and that such inventions are to be kept confidential and not shared with third parties without authorization. By clearly defining the handling of new inventions and the obligation to maintain secrecy, this clause protects the interests of the party commissioning the work and prevents unauthorized use or disclosure of proprietary innovations.
Inventions and Secrecy. Except as otherwise provided in this Section 5.2, Executive (i) shall hold in a fiduciary capacity for the benefit of the Company and its affiliates, all secret and confidential information, knowledge, or data of the Company and its affiliates obtained by Executive during his employment by the Company, which is not generally know to the public or recognized as standard practice (whether or not developed by Executive) and shall not, during his employment by the Company and following the termination of such employment for any reason, communicate or divulge any such information, knowledge or data to any person or entity other than the Company or its affiliates or persons or entities designated by the Company; (ii) shall promptly disclose to the Company all inventions, ideas, devices and processes made or conceived by him along or jointly with others, from the time of entering the Company’s employ and until such employment is terminated and for a one (1) year period following such termination, relevant or pertinent in any way, whether directly or indirectly, to the Company or its affiliates or resulting from or suggested by any work which he may have done for or at the request of the Company or its affiliates; (iii) shall at all times during his employment with the Company, assist the Company and its affiliates in every proper way (at the expense of the Company) to obtain and develop for the benefit of the Company inventions, ideas, devices and processes, whether or not patented; and (iv) shall perform all such acts and execute, acknowledge and deliver all such instruments as may be necessary or desirable in the opinion of the Company to vest in the Company, the entire interest in such inventions, ideas, devices and processes referred to in this Section 5.2. Executive and Company each agree that all documents, reports, files, analyses, drawings, designs, tools, equipment, plans (including, without limitation, marketing and sales plans), proposals, customer lists, computer software or hardware, and similar materials that are made by Executive or come into his or its possession by reason of and during the term of Executive’s engagement with Company are the property of Company and will not be used by his in any way adverse to Company’s interests. Executive also agrees not to allow any such documents or things, or any copies, reproductions or summaries to be delivered to or used by any third party without the specific consent of Company. Executive agrees to delive...
Inventions and Secrecy. Except as otherwise provided in this Section 7.3, the Executive shall (a) hold in a fiduciary capacity for the benefit of the Company all secret or confidential information, knowledge, data, know-how or trade secrets of the Company or its business or operations obtained by the Executive during her association with the Company which shall not be generally known to the public or recognized as standard practice (whether or not developed by the Executive) and shall not, during her employment by the Company and after the termination of such employment for any reason, communicate or divulge any such information, knowledge, data, know-how or trade secrets to any person, firm or corporation other than the Company or persons, firms or corporations designated by the Company, (b) promptly disclose to the Company all inventions, ideas, devices, processes, formulas, compositions, techniques and research and development information (whether patentable or unpatentable and whether or not reduced to practice) made or conceived by her alone or jointly with others from the time of entering the Company's employ until such employment is terminated for any reason, relevant or pertinent in any way, whether directly or indirectly, to the Company, (c) at all times during her employment with the Company, assist the Company (at the Company's expense) to obtain and develop for the Company's benefit patents on such inventions, ideas, devices, processes, formulas, compositions, techniques and research and development, information, and (d) do all such acts and execute, acknowledge and deliver all such instruments as may be necessary or desirable in the opinion of the Company to vest in the Company the entire interest in such inventions, ideas, devices, processes, formulas, compositions, techniques and research and development information.
Inventions and Secrecy. Except as otherwise provided in this Section 5.2, ▇▇. ▇▇▇▇▇▇▇ (i) shall hold in a fiduciary capacity for the benefit of the Company and its affiliates, all secret and confidential information, knowledge, or data of the Company and its affiliates obtained by ▇▇. ▇▇▇▇▇▇▇ during his employment by the Company, which is not generally know to the public or recognized as standard practice (whether or not developed by ▇▇. ▇▇▇▇▇▇▇) and shall not, during his employment by the Company and following the termination of such employment for any reason, communicate or divulge any such information, knowledge or data to any person or entity other than the Company or its affiliates or persons or entities designated by the Company; (ii) shall promptly disclose to the Company all inventions, ideas, devices and processes made or conceived by him along or jointly with others, from the time of entering the Company's employ and until such employment is terminated and for a one (1) year period following such termination, relevant or pertinent in any way, whether directly or indirectly, to the Company or its affiliates or resulting from or suggested by any work which he may have done for or at the request of the Company or its affiliates; (iii) shall at all times during his employment with the Company, assist the Company and its affiliates in every proper way (at the expense of the Company) to obtain and develop for the benefit of the Company patents on such inventions, ideas, devices and processes, whether or not patented; and (iv) shall do all such acts and execute, acknowledge and deliver all such instruments as may be necessary or desirable in the opinion of the Company to vest in the Company, the entire interest in such inventions, ideas, devices and processes referred to in this Section 5.2.
Inventions and Secrecy. Except as otherwise provided in this Section 17, the Executive:
(a) shall hold in a fiduciary capacity for the benefit of the Company all secret or confidential information, knowledge, or data of the Company or its Business or production operations obtained by the Executive during his employment by the Company, which shall not be generally known to the public or recognized as standard practice (whether or not developed by the Executive) and shall not, during his employment by the Company and after the termination of such employment for any reason, communicate or divulge any such information, knowledge or data to any person, firm or corporation other than the Company or persons, firms or corporations designated by the Company;
(b) shall promptly disclose to the Company all inventions, ideas, devices, and processes made or conceived by him alone or jointly with others, from the time of entering the Company's employ until such employment is terminated, relevant or pertinent in any way, whether directly or indirectly, to the Company's Business or production operations or resulting from or suggested by any work which he may have done for the Company or at its request;
(c) shall, at all times during his employment with the Company, assist the Company (entirely at the Company's expense) to obtain and develop for the Company's benefit patents on such inventions, ideas, devices and processes, whether or not patented; and
Inventions and Secrecy. Except as otherwise provided in this Section 17, the Executive: (a) shall hold in a fiduciary capacity for the benefit of the Company all secret or confidential information, knowledge, or data of the Company or its business or production operations obtained by the Executive during his employment by the Company, which shall not be generally known to the public or recognized as standard practice (whether or not developed by the Executive) and shall not, during his employment by the Company and after the termination of such employment for any reason, communicate or divulge any such information, knowledge or data to any person, firm or corporation other than the Company or persons, firms or corporations designated by the Company; (b) shall promptly disclose to the Company all inventions, ideas, devices, and processes made or conceived by him/her alone or jointly with others, from the time of entering the Company's employ until such employment is terminated and with the six (6) month period immediately following such termination, relevant or pertinent in any way, whether directly or indirectly, to the Company's business or production operations or resulting from or suggested by any work which he/she may have done for the Company or at its request;
Inventions and Secrecy. Except as otherwise provided in this Section 10.1, Executive (i) shall hold in a fiduciary capacity for the benefit of Lime and its subsidiaries, all secret and confidential information, knowledge, or data of Lime and its subsidiaries obtained by Executive during his employment by Lime, which is not generally know to the public or recognized as standard industry practice (whether or not developed by Executive) and shall not, during his employment by Lime and following the termination of such employment for any reason, communicate or divulge any such information, knowledge or data to any person or entity other than Lime, its subsidiaries or persons or entities designated by Lime; (ii) shall promptly disclose to Lime all inventions, ideas, devices and processes made or conceived by him, alone or jointly with others, from the time of entering Lime’s employ and until such employment is terminated and for a one
(1) year period following such termination, which pertain, whether directly or indirectly, to the business of Lime or its subsidiaries or resulting from or suggested by any work which he may have done for or at the request of Lime or its subsidiaries; (iii) shall at all times during his employment with Lime, assist Lime and its subsidiaries in every proper way (at the expense of Lime) to obtain and develop for the benefit of Lime patents on such inventions, ideas, devices and processes; and (iv) shall do all such acts and execute, acknowledge and deliver all such instruments as may be necessary or desirable to vest in Lime the entire interest in such inventions, ideas, devices and processes referred to in this Section 10.1.