Common use of Inventions, Ideas and Patents Clause in Contracts

Inventions, Ideas and Patents. Employee shall disclose promptly to Company, and only to Company, any invention or idea of Employee (developed alone or with others) conceived or made during Employee’s employment by Company or within six months of the Termination Date. Employee assigns to Company any such invention or idea in any way connected with Employee’s employment or related to Company’s Business, its research or development, or demonstrably anticipated research or development and will cooperate with Company and sign all papers deemed necessary by Company to enable it to obtain, maintain, protect, and defend patents covering such inventions and ideas and to confirm Company’s exclusive ownership of all rights in such inventions, ideas and patents, and irrevocably appoints Company as its agent to execute and deliver any assignments or documents Employee fails or refuses to execute and deliver promptly, this power and agency being coupled with an interest and being irrevocable. This constitutes written notification that this assignment does not apply to an invention for which no equipment, supplies, facility or trade secret information of Company was used, and which was developed entirely on Employee’s own time, unless (a) the invention relates (i) directly to Company’s Business, or (ii) to Company’s actual or demonstrably anticipated research or development, or (b) the invention results from any work performed by Employee for Company.

Appears in 20 contracts

Samples: Employment Agreement (Royal Energy Resources, Inc.), Employment Agreement (Silver Falcon Mining, Inc.), Employment Agreement (GoldLand Holdings Corp.)

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Inventions, Ideas and Patents. Employee Executive shall disclose promptly to CompanyCompany (which shall receive it in confidence), and only to Company, any invention or idea of Employee Executive (developed alone or with others) conceived or made during Employee’s Executive's employment by Company or within six months of the Termination Datedate of expiration of this Agreement or termination of employment. Employee Executive assigns to Company any such invention or idea in any way connected with Employee’s Executive's employment with Company or related to Company’s Business's business, its research or development, or demonstrably anticipated research or development development, and will cooperate with Company and sign all papers documents deemed necessary by Company to enable it to obtain, maintain, protect, protect and defend patents covering such inventions and ideas and to confirm Company’s 's exclusive ownership of all rights in such inventions, ideas and patents, and . Executive irrevocably appoints Company as its Executive's agent to execute and deliver any assignments or documents Employee Executive fails or refuses to execute and deliver promptly, this power and agency being coupled with an interest and being irrevocable. This constitutes Company's written notification that this assignment does not apply to an invention for which no equipment, supplies, facility or trade secret information of Company was used, used and which was developed entirely on Employee’s Executive's own time, unless (ai) the invention relates (iA) directly to the business of Company’s Business, or (iiB) to Company’s 's actual or demonstrably anticipated research or development, or (bii) the invention results from any work performed by Employee Executive for Company.

Appears in 14 contracts

Samples: Employment Agreement (Interface Inc), Employment Agreement (Interface Inc), Employment Agreement (Interface Inc)

Inventions, Ideas and Patents. Employee Executive shall disclose promptly to Companythe Company (which shall receive it in confidence), and only to the Company, any invention or idea of Employee Executive (developed alone or with others) conceived or made during Employee’s Executive's employment by the Company or within six months of the Termination Datedate of termination of employment. Employee Executive assigns to the Company any such invention or idea in any way connected with Employee’s Executive's employment with the Company or related to the Company’s Business's business, its research or development, or demonstrably anticipated research or development development, and will cooperate with the Company and sign all papers documents deemed necessary by the Company to enable it to obtain, maintain, protect, protect and defend patents covering such inventions and ideas and to confirm the Company’s 's exclusive ownership of all rights in such inventions, ideas and patents, and . Executive irrevocably appoints the Company as its Executive's agent to execute and deliver any assignments or documents Employee Executive fails or refuses to execute and deliver promptly, this power and agency being coupled with an interest and being irrevocable. This constitutes the Company's written notification that this assignment does not apply to an invention for which no equipment, supplies, facility or trade secret information of the Company was used, used and which was developed entirely on Employee’s Executive's own time, unless (ai) the invention relates (iA) directly to the business of the Company’s Business, or (iiB) to the Company’s 's actual or demonstrably anticipated research or development, or (bii) the invention results from any work performed by Employee Executive for the Company.

Appears in 1 contract

Samples: Employment Agreement (Interface Inc)

Inventions, Ideas and Patents. Employee Officer shall disclose promptly to Company, and only to Company, any invention or idea of Employee Officer (developed alone or with others) conceived or made during Employee’s Officer's employment by Company or within six months of the Termination Date. Employee Officer assigns to Company any such invention or idea in any way connected with Employee’s Officer's employment or related to Company’s Existing Business, its research or development, or demonstrably ____________________ __________________ Initials Initials {A0041344.DOC} anticipated research or development and will cooperate with Company and sign all papers deemed necessary by Company to enable it to obtain, maintain, protect, and defend patents covering such inventions and ideas and to confirm Company’s 's exclusive ownership of all rights in such inventions, ideas and patents, and irrevocably appoints Company as its agent to execute and deliver any assignments or documents Employee Officer fails or refuses to execute and deliver promptly, this power and agency being coupled with an interest and being irrevocable. This constitutes written notification that this assignment does not apply to an invention for which no equipment, supplies, facility or trade secret information of Company was used, and which was developed entirely on Employee’s Officer's own time, unless (a) the invention relates (i) directly to Company’s Existing Business, or (ii) to Company’s 's actual or demonstrably anticipated research or development, or (b) the invention results from any work performed by Employee Officer for Company.

Appears in 1 contract

Samples: Employment Agreement (New Nrg, Inc.)

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Inventions, Ideas and Patents. Employee Executive shall disclose promptly to CompanyCompany (which shall receive it in confidence), and only to Company, any invention or idea of Employee Executive (developed alone or with others) conceived or made during EmployeeExecutive’s employment by Company or within six months of the Termination Datedate of expiration of this Agreement or termination of employment. Employee Executive assigns to Company any such invention or idea in any way connected with EmployeeExecutive’s employment with Company or related to Company’s Businessbusiness, its research or development, or demonstrably anticipated research or development development, and will cooperate with Company and sign all papers documents deemed necessary by Company to enable it to obtain, maintain, protect, protect and defend patents covering such inventions and ideas and to confirm Company’s exclusive ownership of all rights in such inventions, ideas and patents, and . Executive irrevocably appoints Company as its Executive’s agent to execute and deliver any assignments or documents Employee Executive fails or refuses to execute and deliver promptly, this power and agency being coupled with an interest and being irrevocable. This constitutes Company’s written notification that this assignment does not apply to an invention for which no equipment, supplies, facility or trade secret information of Company was used, used and which was developed entirely on EmployeeExecutive’s own time, unless (ai) the invention relates (iA) directly to the business of Company’s Business, or (iiB) to Company’s 's actual or demonstrably anticipated research or development, or (bii) the invention results from any work performed by Employee Executive for Company.

Appears in 1 contract

Samples: Employment Agreement (Interface Inc)

Inventions, Ideas and Patents. Employee shall disclose promptly to Company, and only to Company, any invention or idea of Employee (developed alone or with others) conceived or made during Employee’s employment by Company or within six months of the Termination Date. Employee assigns to Company any such invention or idea in any way connected with Employee’s employment or related to Company’s Existing Business, its research or development, or demonstrably anticipated research or development and will cooperate with Company and sign all papers deemed necessary by Company to enable it to obtain, maintain, protect, and defend patents covering such inventions and ideas and to confirm Company’s exclusive ownership of all rights in such inventions, ideas and patents, and irrevocably appoints Company as its agent to execute and deliver any assignments or documents Employee fails or refuses to execute and deliver promptly, this power and agency being coupled with an interest and being irrevocable. This constitutes written notification that this assignment does not apply to an invention for which no equipment, supplies, facility or trade secret information of Company was used, and which was developed entirely on Employee’s own time, unless (a) the invention relates (i) directly to Company’s Existing Business, or (ii) to Company’s actual or demonstrably anticipated research or development, or (b) the invention results from any work performed by Employee for Company.

Appears in 1 contract

Samples: Employment Agreement (Bitmine Immersion Technologies, Inc.)

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