Common use of Inventions, Ideas and Patents Clause in Contracts

Inventions, Ideas and Patents. Officer shall disclose promptly to Company, and only to Company, any invention or idea of Officer (developed alone or with others) conceived or made during Officer’s employment by Company or within six months of the Termination Date. Officer assigns to Company any such invention or idea in any way connected with Officer’s employment or related to 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 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 Officer’s own time, unless (a) the invention relates (i) directly to Existing Business, or (ii) to Company’s actual or demonstrably anticipated research or development, or (b) the invention results from any work performed by Officer for Company.

Appears in 7 contracts

Samples: Employment Agreement (Nocera, Inc.), Employment Agreement (Nocera, Inc.), Employment Agreement (Nocera, Inc.)

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Inventions, Ideas and Patents. Officer shall disclose promptly to Company, and only to Company, any invention or idea of Officer (developed alone or with others) conceived or made during Officer’s employment by Company or within six months of the Termination Date. Officer assigns to Company any such invention or idea in any way connected with Officer’s employment or related to Existing 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 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 Officer’s own time, unless (a) the invention relates (i) directly to Existing 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 Officer for Company.

Appears in 6 contracts

Samples: Employment Agreement (Royal Energy Resources, Inc.), Employment Agreement (Blaze Energy Corp.), Employment Agreement (Environmental Energy Services Inc)

Inventions, Ideas and Patents. Officer Executive shall disclose promptly to Company, and only to Company, any invention or idea of Officer Executive (developed alone or with others) conceived or made during OfficerExecutive’s employment by Company or within six months of the Termination Date. Officer Executive assigns to Company any such invention or idea in any way connected with OfficerExecutive’s employment or related to Existing 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 Officer Executive 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 OfficerExecutive’s own time, unless (a) the invention relates (i) directly to Existing 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 Officer Executive for Company.

Appears in 4 contracts

Samples: Employment Agreement (Royal Energy Resources, Inc.), Employment Agreement (Royal Energy Resources, Inc.), Employment Agreement (Royal Energy Resources, Inc.)

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Inventions, Ideas and Patents. Officer Employee shall disclose promptly to Company, and only to Company, any invention or idea of Officer Employee (developed alone or with others) conceived or made during Officer’s Employee's employment by Company or within six months of the Termination Date. Officer Employee assigns to Company any such invention or idea in any way connected with Officer’s Employee's employment or related to Existing 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 '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 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 Officer’s Employee's own time, unless (a) the invention relates (i) directly to Existing Company's Business, or (ii) to Company’s 's actual or demonstrably anticipated research or development, or (b) the invention results from any work performed by Officer Employee for Company.

Appears in 2 contracts

Samples: Employment Agreement (Global Eco-Logical Services Inc), Management and Operations Agreement (Corporate Vision Inc /Ok)

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