Common use of Inventions, etc Clause in Contracts

Inventions, etc. Executive agrees to promptly disclose in writing to the Company all ideas, formulae, programs, systems, devices, processes, business concepts, discoveries and inventions (hereinafter referred to collectively as "Discoveries"), whether or not patentable, which he, while employed hereunder, conceives, makes, develops, acquires or reduces to practice, whether alone or with others and whether during or after usual working hours, and which are related to the Company's or the Bank's business or interests, or are used or usable by the Company or the Bank, or arise out of or in connection with the duties performed by Executive hereunder. Executive hereby transfers and assigns to the Company and/or the Bank all right, title and interest in and to all Discoveries, including any and all domestic and foreign patent rights therein and any renewals thereof. On request of the Company, Executive shall from time to time during or after the expiration or termination of his employment by the Company or the Bank, execute such further instruments (including, without limitation, applications for letters patent and assignments thereof) and do all such other reasonable and legal acts and things as may be deemed necessary or desirable by the Company or the Bank to protect and/or enforce their or its rights in respect of Discoveries. All expenses of filing or prosecuting any patent application shall be borne by the Company or the Bank, but Executive shall cooperate in filing and/or prosecuting any such application. Executive ]shall receive no additional compensation for the performance of his obligations hereunder, except as may be agreed to in writing by the Company or the Bank.

Inventions, etc. Executive agrees to promptly disclose in writing to the Company all ideas, formulae, programs, systems, devices, processes, business concepts, discoveries and inventions (hereinafter referred to collectively as "Discoveries"), whether or not patentable, which he, while employed hereunder, conceives, makes, develops, acquires or reduces to practice, whether alone or with others and whether during or after usual working hours, and which are related to the Company's or the Bank's business or interestsinterest, or are used or usable by the Company or the BankCompany, or arise out of or in connection with the duties performed by Executive hereunder. Executive hereby transfers and assigns to the Company and/or the Bank all right, title and interest in and to all Discoveries, including any and all domestic and foreign patent rights therein and any renewals thereof. On request of the Company, Executive shall from time to time during or after the expiration or termination of his employment by the Company or the BankCompany, execute such further reasonable instruments (including, without limitation, applications for letters patent and assignments thereof) and do all such other reasonable and legal acts and things as may be deemed necessary or desirable by the Company or the Bank to protect and/or enforce their or its rights in respect of Discoveries. All expenses of filing or prosecuting any patent application shall be borne by the Company or the BankCompany, but Executive shall cooperate in filing and/or prosecuting any such application. Executive ]shall receive no additional compensation for the performance of his obligations hereunder, except as may be agreed to in writing by the Company or the BankCompany.

Inventions, etc. Executive agrees to promptly disclose in writing to the Company all ideas, formulae, programs, systems, devices, processes, business concepts, discoveries and inventions (hereinafter referred to collectively as "Discoveries"), whether or not patentable, which he, while employed hereunder, conceives, makes, develops, acquires or reduces to practice, whether alone or with others and whether during or after usual working hours, and which are related to the Company's or the Bank's business or interests, or are used or usable by the Company or the BankCompany, or arise out of or in connection with the duties performed by Executive hereunder. Executive hereby transfers and assigns to the Company and/or the Bank all right, title and interest in and to all Discoveries, including any and all domestic and foreign patent rights therein and any renewals thereof. On request of the Company, Executive shall from time to time during or after the expiration or termination of his employment by the Company or the BankCompany, execute such further instruments (including, without limitation, applications for letters patent and assignments thereof) and do all such other reasonable and legal acts and things as may be deemed necessary or desirable by the Company or the Bank to protect and/or enforce their or its rights in respect of Discoveries. All expenses of filing or prosecuting any patent application shall be borne by the Company or the BankCompany, but Executive shall cooperate in filing and/or prosecuting any such application. Executive ]shall receive no additional compensation for the performance of his obligations hereunder, except as may be agreed to in writing by the Company or the BankCompany.

Inventions, etc. Executive agrees to promptly disclose in writing to the Company all ideas, formulae, programs, systems, devices, processes, business concepts, discoveries and inventions (hereinafter referred to collectively as "Discoveries"), whether or not patentable, which he, while employed hereunder, conceives, makes, develops, acquires or reduces to practice, whether alone or with others and whether during or after usual working hours, and which are related to the Company's or the Bank's business or interests, or are used or usable by the Company or the BankCompany, or arise out of or in connection with the duties performed by Executive hereunder. Executive hereby transfers and assigns to the Company and/or the Bank all right, title and interest in and to all Discoveries, including any and all domestic and foreign patent rights therein and any renewals thereof. On request of the Company, Executive shall from time to time during or after the expiration or termination of his employment by the Company or the BankCompany, execute such further reasonable instruments (including, without limitation, applications for letters patent and assignments thereof) and do all such other reasonable and legal acts and things as may be deemed necessary or desirable by the Company or the Bank to protect and/or enforce their or its rights in respect of Discoveries. All expenses of filing or prosecuting any patent application shall be borne by the Company or the BankCompany, but Executive shall cooperate in filing and/or prosecuting any such application. Executive ]shall receive no additional compensation for the performance of his obligations hereunder, except as may be agreed to in writing by the Company or the BankCompany.