Common use of Licensing and Use of Innovations Clause in Contracts

Licensing and Use of Innovations. With respect to any Inventions, and work of any similar nature (from any source), whenever created, which the Executive has not conceived, reduced to practice or developed during the Executive’s employment with the Company, but which the Executive provides to the Company or incorporates in any Company product or system, the Executive hereby grants to the Company a royalty-free, fully paid-up, non-exclusive, perpetual and irrevocable license throughout the world to use, modify, create derivative works from, disclose, publish, translate, reproduce, deliver, perform, sell, license, dispose of, and to authorize others so to do, all such Inventions. The Executive shall not include in any Inventions they deliver to the Company or use on its behalf, without the prior written consent of the Company, any material which is or shall be patented, copyrighted or trademarked by the Executive or others unless the Executive provides the Company with the written permission of the holder of any patent, copyright or trademark owner for the Company to use such material in a manner consistent with then-current Company policy.

Appears in 6 contracts

Samples: Executive Employment Agreement (Aspen Aerogels Inc), Executive Employment Agreement (Aspen Aerogels Inc), Executive Employment Agreement (Aspen Aerogels Inc)

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Licensing and Use of Innovations. With respect to any Inventions, and work of any similar nature (from any source), whenever created, which the Executive has not conceived, reduced to practice or developed during the Executive’s employment with the Company, but which the Executive provides to the Company or incorporates in any Company product or system, the Executive hereby grants to the Company a royalty-free, fully paid-up, non-exclusive, perpetual and irrevocable license throughout the world to use, modify, create derivative works from, disclose, publish, translate, reproduce, deliver, perform, sell, license, dispose of, and to authorize others so to do, all such Inventions. The Executive shall not include in any Inventions they deliver Executive delivers to the Company or use uses on its behalf, without the prior written consent of the Company, any material which is or shall be patented, copyrighted or trademarked by the Executive or others unless the Executive provides the Company with the written permission of the holder of any patent, copyright or trademark owner for the Company to use such material in a manner consistent with then-current Company policy.

Appears in 4 contracts

Samples: Executive Employment Agreement (AeroClean Technologies, LLC), Executive Employment Agreement (AeroClean Technologies, LLC), Solicitation and Inventions Assignment Agreement (AeroClean Technologies, LLC)

Licensing and Use of Innovations. With respect to any Inventions, and work of any similar nature (from any source), whenever created, which the Executive Consultant has not conceived, reduced to practice or developed during the Executive’s employment with period while Consultant is performing services for the Company, but which the Executive Consultant provides to the Company or incorporates in any Company product or system, the Executive Consultant hereby grants to the Company a royalty-free, fully paid-up, non-exclusive, perpetual and irrevocable license throughout the world to use, modify, create derivative works from, disclose, publish, translate, reproduce, deliver, perform, sell, license, dispose of, and to authorize others so to do, all such Inventions. The Executive shall Consultant will not include in any Inventions they deliver Consultant delivers to the Company or use on its behalf, without the prior written consent approval of the Company, any material which is or shall will be patented, copyrighted or trademarked by the Executive Consultant or others unless the Executive Consultant provides the Company with the written permission of the holder of any patent, copyright or trademark owner for the Company to use such material in a manner consistent with then-current Company policy.

Appears in 1 contract

Samples: Independent Consulting Agreement (NephroGenex, Inc.)

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Licensing and Use of Innovations. With respect to any Inventions, and work of any similar nature (from any source), whenever created, which the Executive Employee has not conceived, reduced to practice prepared or developed during originated in the Executive’s employment with the Companyperformance of employment, but which the Executive Employee provides to the Company or incorporates in any Company product or system, the Executive Employee hereby grants to the Company a royalty-free, fully paid-up, non-exclusive, perpetual and irrevocable license throughout the world to use, modify, create derivative works from, disclose, publish, translate, reproduce, deliver, perform, sell, license, dispose of, and to authorize others so to do, all such Inventions. The Executive Employee shall not include in any Inventions they deliver delivered to the Company or use used on its behalf, without the prior written consent approval of the Company, any material which is or shall be patented, copyrighted or trademarked by the Executive Employee or others unless the Executive Employee provides the Company with the written permission of the holder of any patent, copyright or trademark owner for the Company to use such material in a manner consistent with then-current Company policy.

Appears in 1 contract

Samples: Confidential Information and Invention Assignment Agreement (Adamas Pharmaceuticals Inc)

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