Common use of Inventions, Ideas and Patents Clause in Contracts

Inventions, Ideas and Patents. Employee agrees to disclose promptly to the Company (which shall receive it in confidence), and only to the Company, any invention or idea conceived, developed by Employee alone or with others (whether or not patentable or registrable under patent, copyright or similar statutes and including all rights to obtain, register, perfect, and enforce those property interests), at any time during Employee’s employment with the Company or after his termination of employment with the Company where such invention or idea relates directly to the then current business of the Company (an “Invention”). Employee agrees that any Invention shall belong to the Company without further compensation to Employee, and Employee hereby assigns to the Company any and all intellectual property and other legal rights to any such Invention. Employee will cooperate with the Company and sign all papers deemed necessary by the Company to enable it to obtain, maintain, protect and defend exclusive ownership of all rights in such Inventions. Employee’s obligation to assist the Company or any person designated by it in obtaining and enforcing its rights shall continue beyond the cessation of Employee’s employment. The Company will compensate Employee for reasonable expenses and other costs incurred by Employee in assisting Company to enforce said rights. Notwithstanding the foregoing, Employee understands that this Agreement does not apply to an Invention which qualifies fully under the provisions of California Labor Code section 2870(a). That section provides: Any provision in an employment agreement which provides that an employee shall assign, or offer to assign, any of his or her rights in an invention to his or her employer shall not apply to an invention that the employee developed entirely on his or her own time without using the employer's equipment, supplies, facilities, or trade secret information except for those inventions that either: (1) relate at the time of conception or reduction to practice of the invention to the employer's business, or actual or demonstrably anticipated research or development of the employer; or (2) result from any work performed by the employee for the employer. Employee has listed in Exhibit C all Inventions or improvements relevant to the subject matter of his employment with the Company that have been made or conceived of or first reduced to practice by Employee alone or jointly with others before his employment and that are excluded from the operation of this Agreement. This list includes all unpatented but potentially patentable ideas and inventions conceived prior to his employment which have not been assigned to a former employer. Employee represents and warrants that such list is complete.

Appears in 2 contracts

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

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Inventions, Ideas and Patents. Employee agrees to disclose promptly to the Company (which shall receive it in confidence), and only to the Company, any invention or idea conceived, developed by Employee alone or with others (whether or not patentable or registrable under patent, copyright or similar statutes and including all rights to obtain, register, perfect, and enforce those property interests), at any time during Employee’s employment with the Company or after his her termination of employment with the Company where such invention or idea relates directly to the then current business of the Company (an “Invention”). Employee agrees that any Invention shall belong to the Company without further compensation to Employee, and Employee hereby assigns to the Company any and all intellectual property and other legal rights to any such Invention. Employee will cooperate with the Company and sign all papers deemed necessary by the Company to enable it to obtain, maintain, protect and defend exclusive ownership of all rights in such Inventions. Employee’s obligation to assist the Company or any person designated by it in obtaining and enforcing its rights shall continue beyond the cessation of Employee’s employment. The Company will compensate Employee for reasonable expenses and other costs incurred by Employee in assisting Company to enforce said rights. Notwithstanding the foregoing, Employee understands that this Agreement does not apply to an Invention which qualifies fully under the provisions of California Labor Code section 2870(a). That section provides: Any provision in an employment agreement which provides that an employee shall assign, or offer to assign, any of his her or her rights in an invention to his her or her employer shall not apply to an invention that the employee developed entirely on his her or her own time without using the employer's ’s equipment, supplies, facilities, or trade secret information except for those inventions that either: (1) relate at the time of conception or reduction to practice of the invention to the employer's ’s business, or actual or demonstrably anticipated research or development of the employer; or (2) result from any work performed by the employee for the employer. Employee has listed in Exhibit C all Inventions or improvements relevant to the subject matter of his her employment with the Company that have been made or conceived of or first reduced to practice by Employee alone or jointly with others before his her employment and that are excluded from the operation of this Agreement. This list includes all unpatented but potentially patentable ideas and inventions conceived prior to his her employment which have not been assigned to a former employer. Employee represents and warrants that such list is complete.

Appears in 1 contract

Samples: Employment Agreement (ITUS Corp)

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Inventions, Ideas and Patents. Employee Consultant agrees to disclose promptly to the Company (which shall receive it in confidence), and only to the Company, any invention or idea conceived, developed by Employee Consultant alone or with others (whether or not patentable or registrable under patent, copyright or similar statutes and including all rights to obtain, register, perfect, and enforce those property interests), at any time during EmployeeConsultant’s employment affiliation with the Company or after his termination of employment affiliation with the Company where such invention or idea relates directly to the then current business of the Company (an “Invention”). Employee Consultant agrees that any Invention shall belong to the Company without further compensation to EmployeeConsultant, and Employee Consultant hereby assigns to the Company any and all intellectual property and other legal rights to any such Invention. Employee Consultant will cooperate with the Company and sign all papers deemed necessary by the Company to enable it to obtain, maintain, protect and defend exclusive ownership of all rights in such Inventions. EmployeeConsultant’s obligation to assist the Company or any person designated by it in obtaining and enforcing its rights shall continue beyond the cessation of EmployeeConsultant’s employmentaffiliation with the Company. The Company will compensate Employee Consultant for reasonable expenses and other costs incurred by Employee Consultant in assisting Company to enforce said rights. Notwithstanding the foregoing, Employee Consultant understands that this Agreement does not apply to an Invention which qualifies fully under the provisions of California Labor Code section 2870(a). That section provides: Any provision in an employment agreement which provides that an employee shall assign, or offer to assign, any of his or her rights in an invention to his or her employer shall not apply to an invention that the employee developed entirely on his or her own time without using the employer's equipment, supplies, facilities, or trade secret information except for those inventions that either: (1) relate at the time of conception or reduction to practice of the invention to the employer's business, or actual or demonstrably anticipated research or development of the employer; or (2) result from any work performed by the employee for the employer. Employee Consultant has listed in Exhibit C all Inventions or improvements relevant to the subject matter of his employment affiliation with the Company that have been made or conceived of or first reduced to practice by Employee Consultant alone or jointly with others before his employment affiliation and that are excluded from the operation of this Agreement. This list includes all unpatented but potentially patentable ideas and inventions conceived prior to his employment affiliation which have not been assigned to a former employer. Employee Consultant represents and warrants that such list is complete.

Appears in 1 contract

Samples: Consulting Agreement (Copytele Inc)

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