Common use of Inventions not Assigned Clause in Contracts

Inventions not Assigned. Section 10.2.3 shall not apply to an Invention that the Executive developed entirely on his own time without using the Company’s or any of its subsidiaries’ or affiliates’ time, material, equipment, supplies, facilities or trade secret information, except for any Invention that either (i) relates at the time of conception or reduction to practice of the Invention to the Company’s or a subsidiary’s or affiliate’s business, or actual or demonstrably anticipated research development of the Company or a subsidiary or affiliate of the Company or (ii) results from the Executive’s work with the Company or a subsidiary or affiliate of the Company, whether or not during normal working hours.

Appears in 4 contracts

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

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Inventions not Assigned. Section 10.2.3 12.2.3 shall not apply to an Invention that the Executive developed entirely on his own time without using the Company’s or any of its subsidiaries’ or affiliates’ time, material, equipment, supplies, facilities or trade secret information, except for any Invention that either (i) relates at the time of conception or reduction to practice of the Invention to the Company’s or a subsidiary’s or affiliate’s business, or actual or demonstrably anticipated research development of the Company or a subsidiary or affiliate of the Company or (ii) results from the Executive’s work with the Company or a subsidiary or affiliate of the Company, whether or not during normal working hours.

Appears in 2 contracts

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

Inventions not Assigned. Section 10.2.3 shall not apply to an Invention that the Executive developed entirely on his own time without using the Company’s 's or any of its subsidiaries' or affiliates' time, material, equipment, supplies, facilities or trade secret information, except for any Invention that either (i) relates at the time of conception or reduction to practice of the Invention to the Company’s 's or a subsidiary’s 's or affiliate’s 's business, or actual or demonstrably anticipated research development of the Company or a subsidiary or affiliate of the Company or (ii) results from the Executive’s 's work with the Company or a subsidiary or affiliate of the Company, whether or not during normal working hours.

Appears in 1 contract

Samples: Employment Agreement (Ultratech Inc)

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Inventions not Assigned. Section 10.2.3 9.2.3 shall not apply to an Invention that the Executive developed entirely on his own time without using the Company’s 's or any of its subsidiaries' or affiliates' time, material, equipment, supplies, facilities or trade secret information, except for any Invention that either (i) relates at the time of conception or reduction to practice of the Invention to the Company’s 's or a subsidiary’s 's or affiliate’s 's business, or actual or demonstrably anticipated research development of the Company or a subsidiary or affiliate of the Company or (ii) results from the Executive’s 's work with the Company or a subsidiary or affiliate of the Company, whether or not during normal working hours.

Appears in 1 contract

Samples: Employment Agreement (Ultratech Inc)

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