Common use of Inventions, Ideas and Patents Clause in Contracts

Inventions, Ideas and Patents. Executive shall disclose promptly to the Company (which shall receive it in confidence), and only to the Company, any invention or idea of Executive (developed alone or with others) conceived or made during Executive's employment by the Company (or, if related to the Business, during employment or within one year after the Termination Date). Executive assigns to the Company any such invention or idea in any way connected with Executive's employment or related to the Business, research or development of the Company, or demonstrably anticipated research or development of the Company, and will cooperate with the Company and sign all papers deemed necessary by the Company to enable it to obtain, maintain, protect and defend patents covering such inventions and ideas and to confirm the exclusive ownership of the Company of all rights in such inventions, ideas and patents, and irrevoca-xxx appoints the Company as its agent to execute and deliver any assignments or documents 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 to Executive that this assignment does not apply to an invention for which no equipment, supplies, facility or trade secret information of the Company or any Customer was used and which was developed entirely on Executive's own time, unless (a) the invention relates (i) directly to the Business or (ii) to the actual or demonstrably anticipated research or develop-ment of the Company, or (b) the invention results from any work performed by Executive for the Company.

Appears in 2 contracts

Samples: Employment Agreement (Startronix International Inc), Employment Agreement (Startronix International Inc)

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Inventions, Ideas and Patents. Executive Employee shall disclose promptly to the Company (which shall receive it in confidence), and only to the Company, any invention or idea of Executive Employee (developed alone or with others) conceived or made during ExecutiveEmployee's employment by the Company (or, if related to the Business, during employment or within one year after the Termination Date)Company. Executive Employee assigns to the Company any such invention or idea in any way connected with ExecutiveEmployee's employment or related to the Business, research or development of the Company, or demonstrably anticipated research or development of the Company, and will cooperate with the Company and sign all papers deemed necessary by the Company to enable it to obtain, maintain, protect and defend patents covering such inventions and ideas and to confirm the exclusive ownership of the Company of all rights in such inventions, ideas and patents, and irrevoca-xxx irrevocably appoints the Company as its agent to execute and deliver any assignments or documents Executive 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 to Executive Employee that this assignment does not apply to an invention for which no equipment, supplies, facility or trade secret information of the Company or any Customer was used and which was developed entirely on ExecutiveEmployee's own time, unless (a) the invention relates (i) directly to the Business or (ii) to the actual or demonstrably anticipated research or develop-ment development of the Company, or (b) the invention results from any work performed by Executive Employee for the Company.

Appears in 1 contract

Samples: Employment Agreement (Startronix International Inc)

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Inventions, Ideas and Patents. Executive shall disclose promptly to the Company (which shall receive it in confidence), and only to the Company, any invention or idea of Executive (developed alone or with others) conceived or made during Executive's employment by the Company (or, if related to the Business, during employment or within one year after six months of the Termination Date)date of expiration of this Agreement or termination of employment. Executive assigns to the Company any such invention or idea in any way connected with Executive's employment with the Company or related to the BusinessCompany's business, research or development of the Companydevelopment, or demonstrably anticipated research or development of the Companydevelopment, and will cooperate with the Company and sign all papers documents deemed necessary by the Company to enable it to obtain, maintain, protect and defend patents covering such inventions and ideas and to confirm the Company's exclusive ownership of the Company of all rights in such inventions, ideas and patents, and irrevoca-xxx . Executive irrevocably appoints the Company as its Executive's agent to execute and deliver any assignments or related documents 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 to Executive that this assignment does not apply to an invention for which no equipment, supplies, facility or trade secret information of the Company or any Customer was used and which was developed entirely on Executive's own time, unless (ai) the invention relates (iA) directly to the Business business of the Company or (iiB) to the Company's actual or demonstrably anticipated research or develop-ment of the Companydevelopment, or (bii) the invention results from any work performed by Executive for the Company.

Appears in 1 contract

Samples: Employment and Change in Control Agreement (Interface Inc)

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