Common use of Inventions Retained and Licensed Clause in Contracts

Inventions Retained and Licensed. The Executive has attached, as Exhibit C, a list describing all inventions, original works of authorship, developments, improvements, and trade secrets which were made by the Executive prior to the Executive's employment with the Company ("Prior Inventions"), which belong to the Executive, and which relate to the Company's actual and/or proposed business, products or research and development. If, in the course of his employment with the Company, the Executive incorporates into a Company product, process or machine a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a non-exclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use and sell such Prior Invention as part of or in connection with such product, process or machine.

Appears in 13 contracts

Samples: Executive Employment Agreement (Fincera Inc.), Executive Employment Agreement (Fincera Inc.), Executive Employment Agreement (Fincera Inc.)

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Inventions Retained and Licensed. The Executive has attached, as Exhibit CB, a list describing all inventions, original works of authorship, developments, improvements, and trade secrets which were made by the Executive prior to the Executive's employment with the Company ("Prior Inventions"), which belong to the Executive, and which relate to the Company's actual and/or proposed business, products or research and development. If, in the course of his her employment with the Company, the Executive incorporates into a Company product, process or machine a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a non-exclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use and sell such Prior Invention as part of or in connection with such product, process or machine.

Appears in 7 contracts

Samples: Executive Employment Agreement (Takung Art Co., LTD), Executive Employment Agreement (Takung Art Co., LTD), Executive Employment Agreement (Takung Art Co., LTD)

Inventions Retained and Licensed. The Executive has attached, as Exhibit CB, a list describing all inventions, original works of authorship, developments, improvements, and trade secrets which were made by the Executive prior to the Executive's employment with the Company ("Prior Inventions"), which belong to the Executive, and which relate to the Company's actual and/or proposed business, products or research and development. If, in the course of his employment with the Company, the Executive incorporates into a Company product, process or machine a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a non-exclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use and sell such Prior Invention as part of or in connection with such product, process or machine.

Appears in 6 contracts

Samples: Executive Employment Agreement (Takung Art Co., LTD), Executive Employment Agreement (Takung Art Co., LTD), Executive Employment Agreement (Takung Art Co., Ltd.)

Inventions Retained and Licensed. The Executive has attached, as Exhibit CC , a list describing all inventions, original works of authorship, developments, improvements, and trade secrets which were made by the Executive prior to the Executive's employment with the Company ("" Prior InventionsInventions "), which belong to the Executive, and which relate to the Company's actual and/or proposed business, products or research and development. If, in the course of his employment with the Company, the Executive incorporates into a Company product, process or machine a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a non-exclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use and sell such Prior Invention as part of or in connection with such product, process or machine.

Appears in 3 contracts

Samples: Executive Employment Agreement (AutoChina International LTD), Executive Employment Agreement (AutoChina International LTD), Executive Employment Agreement (AutoChina International LTD)

Inventions Retained and Licensed. The Executive has attached, as Exhibit CD, a list describing all inventions, original works of authorship, developments, improvements, and trade secrets which were made by the Executive prior to the Executive's ’s employment Exhibit 10.4 with the Company ("Prior Inventions"), which belong to the Executive, and which relate to the Company's ’s actual and/or proposed business, products or research and development. If, in the course of his employment with the Company, the Executive incorporates into a Company product, process or machine a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a non-exclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use and sell such Prior Invention as part of or in connection with such product, process or machine.

Appears in 2 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (Baidu.com, Inc.)

Inventions Retained and Licensed. The Executive has attached, as Exhibit C, a list describing all inventions, original works of authorship, developments, improvements, and trade secrets which were made by the Executive prior to the Executive's employment with the Company ("Prior Inventions"), which belong to the Executive, and which relate to the Company's actual and/or proposed business, products or research and development. If, in the course of his employment with the Company, the Executive incorporates into a Company product, process or machine a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a non-exclusivenonexclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use and sell such Prior Invention as part of or in connection with such product, process or machine.

Appears in 1 contract

Samples: Separation and Employment Agreement (Oxis International Inc)

Inventions Retained and Licensed. The Executive has attached, as Exhibit C, -------------------------------- a list describing all inventions, original works of authorship, developments, improvements, and trade secrets which were made by the Executive prior to the Executive's employment with the Company ("Prior Inventions"), which belong to the ---------------- Executive, and which relate to the Company's actual and/or proposed business, products or research and development. If, in the course of his employment with the Company, the Executive incorporates into a Company product, process or machine a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a non-exclusivenonexclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use and sell such Prior Invention as part of or in connection with such product, process or machine.. b.

Appears in 1 contract

Samples: Executive Employment Agreement (Oxis International Inc)

Inventions Retained and Licensed. The Executive has attached, as Exhibit C, a list describing all inventions, original works of authorship, developments, improvements, and trade secrets which were made by the Executive prior to the Executive's ’s employment with the Company ("Prior Inventions"), which belong to the Executive, and which relate to the Company's ’s actual and/or proposed business, products or research and development. If, in the course of his her employment with the Company, the Executive incorporates into a Company product, process or machine a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a non-exclusivenonexclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use and sell such Prior Invention as part of or in connection with such product, process or machine.

Appears in 1 contract

Samples: Employment Agreement (Oxis International Inc)

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Inventions Retained and Licensed. The Executive has attached, as Exhibit CB , a list describing all inventions, original works of authorship, developments, improvements, and trade secrets which were made by the Executive prior to the Executive's employment with the Company ("" Prior InventionsInventions "), which belong to the Executive, and which relate to the Company's actual and/or proposed business, products or research and development. If, in the course of his employment with the Company, the Executive incorporates into a Company product, process or machine a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a non-exclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use and sell such Prior Invention as part of or in connection with such product, process or machine.

Appears in 1 contract

Samples: Executive Employment Agreement (AutoChina International LTD)

Inventions Retained and Licensed. The Executive has attached, as Exhibit C, a list describing all inventions, original works of authorship, developments, improvements, and trade secrets which were made by the Executive prior to the Executive's ’s employment with the Company ("Prior Inventions"), which belong to the Executive, and which relate to the Company's ’s actual and/or proposed business, products or research and development. If, in the course of his employment with the Company, the Executive incorporates into a Company product, process or machine a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a non-exclusivenonexclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use and sell such Prior Invention as part of or in connection with such product, process or machine.

Appears in 1 contract

Samples: Employment Agreement (Oxis International Inc)

Inventions Retained and Licensed. The Executive has attached, as -------------------------------- Exhibit C, a list describing all inventions, original works of authorship, --------- developments, improvements, and trade secrets which were made by the Executive prior to the Executive's employment with the Company ("Prior Inventions"), which belong to the ---------------- Executive, and which relate to the Company's actual and/or proposed business, products or research and development. If, in the course of his employment with the Company, the Executive incorporates into a Company product, process or machine a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a non-exclusivenonexclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use and sell such Prior Invention as part of or in connection with such product, process or machine.. b.

Appears in 1 contract

Samples: Executive Employment Agreement (Oxis International Inc)

Inventions Retained and Licensed. The Executive has attached, as Exhibit CB, a list describing all inventions, original works of authorship, developments, improvements, and trade secrets which were made by the Executive prior to the Executive's ’s employment with the Company ("Prior Inventions"), which belong to the Executive, and which relate to the Company's ’s actual and/or proposed business, products or research and development. If, in the course of his employment with the Company, the Executive incorporates into a Company product, process or machine a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a non-exclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use and sell such Prior Invention as part of or in connection with such product, process or machine.

Appears in 1 contract

Samples: Executive Employment Agreement (Takung Art Co., LTD)

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