Common use of New Discoveries Clause in Contracts

New Discoveries. The Executive agrees that: (a) The Company shall have the sole and exclusive right, title and interest in and to all discoveries, ideas, information, innovations, inventions, methods, processes, products, techniques, technologies, and improvements thereto and physical manifestations thereof (whether or not patentable or copyrightable) that are acquired, conceived, created, developed, or reduced to practice in whole or part by the Executive (either alone or with others) during the Employment Period (or during the Executive's employment with the Company prior to the date hereof) that (i) relate in any way to the business of the Company or (ii) result in anyway from the performance by the Executive of duties and responsibilities as an employee of the Company ("New Discoveries"). The Executive shall promptly and fully disclose to the Company all New Discoveries and shall reduce such disclosures to writing at the request of the Company. Except to the extent expressly authorized in writing by the Company, the Executive shall treat all New Discoveries as confidential information under Section 7 hereof. (b) The Executive shall, at the request of the Company and without further compensation, take all actions and execute all instruments reasonably requested by the Company to secure and perfect the Company's (or its assigns') sole and exclusive right, title, and interest in and to New Discoveries, including but not limited to the execution of instruments assigning to others designated by the Company all of the Executive's right, title, and interest in and to New Discoveries, and the provision of assistance in preparing applications, registration forms, and other documents relating to the acquisition or maintenance of copyrights and patents in the United States and other countries. (c) The provision of this Section 8 do not apply to inventions that qualify fully as inventions that cannot be required to be assigned under Section 66-57.1 of the North Carolina General Statutes.

Appears in 9 contracts

Samples: Employment Agreement (Cone Mills Corp), Employment Agreement (Cone Mills Corp), Employment Agreement (Cone Mills Corp)

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New Discoveries. The Executive agrees that: Any and all inventions, discoveries and technical data (awhether patentable or not), or the use or preparation thereof (i) The resulting from or arising in connection with Consultant’s services for the Company hereunder, and (ii) conceived, reduced to practice, or advanced by Consultant during the Term of this Agreement or during Consultant’s prior service to the Company, and which relate to the Products upon which Consultant has rendered services to the Company or its Affiliates hereunder or under any research or other agreement, whether performed by or on behalf of Consultant or the Company, shall have be the sole and exclusive property of the Company. Consultant shall promptly disclose to the Company any and all of such inventions, discoveries and technical data becoming known to Consultant as a result of or related to the performance of the duties hereunder and shall furnish to the Company in writing all relevant information with respect thereto. At the request of the Company, Consultant shall (i) execute, without charge to the Company, irrevocable assignments to the Company or its nominees, of Consultant’s entire right, title and interest in and to all discoveries, ideas, information, innovations, such inventions, methodsdiscoveries and technical data throughout the world, processesincluding, productswithout limitation, techniques, technologies, all patent applications and improvements patents relating thereto and physical manifestations thereof (whether or not patentable or copyrightable) that are acquiredall right to file, conceivedobtain and maintain such applications and patents, created, developed, or reduced to practice in whole or part by the Executive (either alone or with others) during the Employment Period (or during the Executive's employment with the Company prior to the date hereof) that (i) relate in any way to the business of the Company or (ii) result in anyway from the performance by the Executive of duties and responsibilities as an employee of the Company ("New Discoveries"). The Executive shall promptly and fully disclose execute, without charge to the Company all New Discoveries and shall reduce such disclosures to writing at the request of the Company. Except to the extent expressly authorized in writing by the Company, the Executive shall treat any and all New Discoveries as confidential information under Section 7 hereof. (b) The Executive shall, at the request of other documents necessary or desirable to permit the Company to file and without further compensationmaintain such patent applications and patents, take all actions and (iii) assist the Company in securing, defending and enforcing such rights. Consultant hereby binds not only itself, but its successors and assigns to execute all such documents and instruments reasonably requested and to do all acts which may be necessary or required by the Company to secure and perfect the Company's (or its assigns') sole and exclusive righttitle to said inventions, title, and interest in and to New Discoveries, including but not limited to the execution of instruments assigning to others designated by the Company all of the Executive's right, title, and interest in and to New Discoveries, and the provision of assistance in preparing applications, registration forms, and other documents relating to the acquisition or maintenance of copyrights discoveries and patents in the United States Company, its successors and other countries. (c) assigns. The provision provisions of this Section 8 do not apply to inventions that qualify fully as inventions that cannot be required to be assigned under Section 66-57.1 section shall survive the expiration or earlier termination of the North Carolina General Statutesthis Agreement for a period of five (5) years.

Appears in 1 contract

Samples: Consulting Agreement (Veru Inc.)

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New Discoveries. The Executive agrees that: (a) The Any and all inventions, discoveries and technical data --------------- (whether patentable or not), or the use or preparation thereof (i) resulting from or arising in connection with Consultant's services for the Company or its affiliates hereunder, and (ii) conceived, reduced to practice, or advanced by Consultant during the term of this Agreement, and which relate to the Ins urnens or products upon which Consultant has rendered services to the Company or its affiliates hereunder or under the Royalty Agreement or any research or other agreement, whether performed by or on behalf of Consultant or the Company or the affiliates, shall have be the sole and exclusive property of the Company. Consultant shall promptly disclose to the Company any and all of such inventions, discoveries and technical data becoming known to Consultant as a result of or related to the performance of his duties hereunder and shall furnish to the Company in writing all relevant information with respect thereto. At the request of the Company, Consultant shall (i) execute, without charge to the Company, irrevocable assignments to the Company or its nominees, of Consultant's entire right, title and interest in and to all discoveries, ideas, information, innovations, such inventions, methodsdiscoveries and technical data throughout the world, processesincluding, productswithout limitation, techniques, technologies, all patent applications and improvements patents relating thereto and physical manifestations thereof (whether or not patentable or copyrightable) that are acquiredall right to file, conceivedobtain and maintain such applications and patents, created, developed, or reduced to practice in whole or part by the Executive (either alone or with others) during the Employment Period (or during the Executive's employment with the Company prior to the date hereof) that (i) relate in any way to the business of the Company or (ii) result in anyway from execute, without charge to the performance by the Executive of duties Company, any and responsibilities as an employee of all other documents necessary or desirable to permit the Company to file and maintain such patent applications and patents, and ("New Discoveries"). The Executive shall promptly and fully disclose to iii) assist the Company in securing, defending and enforcing such rights. Consultant hereby binds not only himself but also his heirs, executors, administrators and legal representatives to execute all New Discoveries such documents and shall reduce such disclosures instruments and to writing at the request of the Company. Except to the extent expressly authorized in writing do all acts which may be necessary or rewired by the Company, in order to carry into full force and effect the Executive shall treat all New Discoveries as confidential information under Section 7 hereof. (b) The Executive shall, at the request provisions of this section of the Company and without further compensation, take all actions and execute all instruments reasonably requested by the Company to secure and perfect the Company's (or its assigns') sole and exclusive right, title, and interest in Agreement and to New Discoveriesperfect title to said inventions, including but not limited to the execution of instruments assigning to others designated by the Company all of the Executive's right, title, and interest in and to New Discoveries, and the provision of assistance in preparing applications, registration forms, and other documents relating to the acquisition or maintenance of copyrights discoveries and patents in the United States Company, its successors and other countries. (c) assigns. The provision provisions of this Section 8 do not apply to inventions that qualify fully as inventions that cannot be required to be assigned under Section 66-57.1 section shall survive the expiration or earlier termination of the North Carolina General Statutesthis Agreement.

Appears in 1 contract

Samples: Consulting Agreement (Ivax Diagnostics Inc)

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