Common use of Other Provisions/Exclusions Clause in Contracts

Other Provisions/Exclusions. The Executive understands, acknowledges and agrees that all Developments (as hereinafter defined) shall be made for hire by the Executive for the Company. “Developments” means any idea, discovery, invention, design, method, technique, improvement, enhancement, development, computer program, machine, algorithm or other work or authorship that (i) relates to the business or operations of the Company, or (ii) results from or is suggested by any undertaking assigned to the Executive or work performed by the Executive for or on behalf of the Company, whether created alone or with others, during or after working hours. All confidential or proprietary information described in Section 5(a) above and all Developments shall remain the sole property of the Company. The Executive shall acquire no proprietary interest in any confidential or proprietary information described in Section 5(a) above or Developments developed or acquired while the Executive is required to provide services to the Company hereunder. To the extent the Executive may, by operation of law or otherwise, acquire any right, title or interest in or to any confidential or proprietary information described in Section 5(a) above or Development, the Executive hereby assigns to the Company all such intellectual property or proprietary rights. The Executive shall, both during the term of this Agreement and for two years thereafter, upon the Company’s request, promptly execute and deliver to the Company all such assignments, certificates and instruments, and shall promptly perform such other acts as the Company may from time to time in its reasonable discretion deem necessary or desirable to evidence, establish, maintain, perfect, enforce or defend the Company’s rights in Developments and in the proprietary information, inventions, copyrights, and trademarks otherwise described in this Section 5.

Appears in 2 contracts

Samples: Employment Agreement (Triad Financial Corp), Employment Agreement (Triad Financial Corp)

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Other Provisions/Exclusions. The Executive understands, acknowledges and agrees that all Developments (as hereinafter defined) shall be made for hire by the Executive for the Company. "Developments" means any idea, discovery, invention, design, method, technique, improvement, enhancement, development, computer program, machine, algorithm or other work or authorship that (i) relates to the business or operations of the Company, or (ii) results from or is suggested by any undertaking assigned to the Executive or work performed by the Executive for or on behalf of the Company, whether created alone or with others, during or after outside working hours. All confidential or proprietary information described in Section 5(a) 5.1 above and all Developments shall remain the sole property of the Company. The Executive shall acquire no proprietary interest in any confidential or proprietary information described in Section 5(a) 5.1 above or Developments developed or acquired while the Executive is required to provide services to the Company hereunder. To the extent the Executive may, by operation of law or otherwise, acquire any right, title or interest in or to any confidential or proprietary information described in Section 5(a) 5.1 above or Development, the Executive hereby assigns to the Company all such intellectual property or proprietary rights. The Executive shall, both during the term of this Agreement and for two years thereafter, upon the Company’s 's request, promptly execute and deliver to the Company all such assignments, certificates and instruments, and shall promptly perform such other acts acts, as the Company may from time to time in its reasonable discretion deem necessary or desirable to evidence, establish, maintain, perfect, enforce or defend the Company’s 's rights in Developments and in the proprietary information, inventions, copyrights, and trademarks otherwise described in this Section 5.

Appears in 1 contract

Samples: Employment Agreement (Corrpro Companies Inc /Oh/)

Other Provisions/Exclusions. The Executive understands, acknowledges and agrees that all Developments (as hereinafter defined) shall be made for hire by the Executive for the Company. "Developments" means any idea, discovery, invention, design, method, technique, improvement, enhancement, development, computer program, machine, algorithm or other work or authorship that (i) relates to the business or operations of the Company, or (ii) results from or is suggested by any undertaking assigned to the Executive or work performed by the Executive for or on behalf of the Company, whether created alone or with others, during or after working hours. All confidential or proprietary information described in Section 5(a7(a) above and all Developments shall remain the sole property of the Company. The Executive shall acquire no proprietary interest in any confidential or proprietary information described in Section 5(a7(a) above or Developments developed or acquired while the Executive is required to provide services to the Company hereunder. To the extent the Executive may, by operation of law or otherwise, acquire any right, title or interest in or to any confidential or proprietary information described in Section 5(a7(a) above or Development, the Executive hereby assigns to the Company all such intellectual property or proprietary rights. The Executive shall, both during the term of this Agreement and for two years thereafter, upon the Company’s 's request, promptly execute and deliver to the Company all such assignments, certificates and instruments, and shall promptly perform such other acts acts, as the Company may from time to time in its reasonable discretion deem necessary or desirable to evidence, establish, maintain, perfect, enforce or defend the Company’s 's rights in Developments and in the proprietary information, inventions, copyrights, and trademarks otherwise described in this Section 57.

Appears in 1 contract

Samples: Employment Agreement (Triad Financial Corp)

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Other Provisions/Exclusions. The Executive understands, acknowledges and agrees that all Developments (as hereinafter defined) shall be made for hire by the Executive for the Company. "Developments" means any idea, discovery, invention, design, method, technique, improvement, enhancement, development, computer program, machine, algorithm or other work or authorship that (i) relates to the business or operations of the Company, or (ii) results from or is suggested by any undertaking assigned to the Executive or work performed by the Executive for or on behalf of the Company, whether created alone or with others, during or after working hours. All confidential or proprietary information described in Section 5(a) above and all Developments shall remain the sole property of the Company. The Executive shall acquire no proprietary interest in any confidential or proprietary information described in Section 5(a) above or Developments developed or acquired while the Executive is required to provide services to the Company hereunder. To the extent the Executive may, by operation of law or otherwise, acquire any right, title or interest in or to any confidential or proprietary information described in Section 5(a) above or Development, the Executive hereby assigns to the Company all such intellectual property or proprietary rights. The Executive shall, both during the term of this Agreement and for two years thereafter, upon the Company’s 's request, promptly execute and deliver to the Company all such assignments, certificates and instruments, and shall promptly perform such other acts acts, as the Company may from time to time in its reasonable discretion deem necessary or desirable to evidence, establish, maintain, perfect, enforce or defend the Company’s 's rights in Developments and in the proprietary information, inventions, copyrights, and trademarks otherwise described in this Section 5.

Appears in 1 contract

Samples: Employment Agreement (Triad Financial Corp)

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