Common use of Inventions/Non-Protectable Material Clause in Contracts

Inventions/Non-Protectable Material. During the Term, Executive shall be obligated to inform the Company of any discoveries, inventions, improvements, innovations and other material that Executive shall conceive or originate individually or jointly or commonly with others, whether or not patentable, copyrightable, or registrable as a trademark, that he reasonably believes do not constitute Protectable Material (any such material that is not Protectable Material, “Non-Protectable Material”) and, to the extent such material constitutes Non-Protectable Material, the Company shall have no rights, title or interests in such material (unless otherwise agreed with Executive).

Appears in 3 contracts

Samples: Executive Employment Agreement (Life Time Group Holdings, Inc.), Executive Employment Agreement (Life Time Group Holdings, Inc.), Executive Employment Agreement (Life Time Group Holdings, Inc.)

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Inventions/Non-Protectable Material. (i) During the Term, Executive shall be obligated to inform the Company of any discoveries, inventions, improvements, innovations and other material that Executive shall conceive or originate individually or jointly or commonly with others, whether or not patentable, copyrightable, or registrable as a trademark, that he reasonably believes do not constitute Protectable Material (any such material that is not Protectable Material, “Non-Protectable Material”) and, to the extent such material constitutes Non-Protectable Material, the Company shall have no rights, title or interests in such material (unless otherwise agreed with Executive).

Appears in 1 contract

Samples: Executive Employment Agreement (Life Time Group Holdings, Inc.)

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