Ownership and Assignment of Inventions. ● I hereby represent and warrant and undertake that I will not use or integrate in the Inventions any third-party materials or data that are not validly licensed to the Company. ● I acknowledge that pursuant to the Copyright Act, 1957, the Company shall own all rights, title and interest in any Inventions (and all Proprietary Rights with respect thereto) as provided by the law whether or not patentable or registrable under copyright or similar statutes, made or conceived or reduced to practice or learned by me, either alone or jointly with others, during the term of this Confidentiality and IP Agreement with the Company. All such inventions are deemed to be work-for-hire. ● Notwithstanding the foregoing, to the extent that, for any reason, the Company does not own all and any right, title and interest in and to any Invention (or the Proprietary Rights with respect thereto), I hereby, absolutely and irrevocably, in perpetuity, assign and agree to assign in the future (when any such Inventions or Proprietary Rights are first reduced to practice or first fixed in a tangible medium, as applicable) to the Company all and any worldwide right, title and interest in and to any and all such Inventions (and all Proprietary Rights with respect thereto), whether or not patentable or registrable under copyright or similar statutes, made or conceived or reduced to practice or learned by me, either alone or jointly with others, during the term of this Confidentiality and IP Agreement with the Company. I also agree to assist the Company and perform all acts and execute all documents, deeds, declarations, undertakings and make all filings or applications as reasonably requested by the Company, in order to transfer full title and ownership over the Inventions (and Proprietary Rights associated therewith), and all other intellectual property created by me during my employment, to the Company, during and after my Employment Term. Further, I also agree to assist the Company perform all acts and execute all necessary documents to perfect and maintain the above assignments. Notwithstanding the provisions of Section 19(4) of the Copyright Act, 1957 of India, any assignment in so far as it relates to copyrightable material shall not lapse nor the rights transferred therein revert to me, even if the Company does not exercise the rights under the assignment within a period of one year from the date of assignment. ● During or after the termination of employment with the Company, I hereby undertake to do any and all acts, and execute any and all documents as may be required by the Company, in its sole discretion, to protect, perfect or enforce any of the rights granted by me to the Company pursuant to the Confidentiality and IP Agreement. The cost and expense of such documents shall be borne by the Company. I hereby also irrevocably appoint and authorize the Company to do all or any of the acts, deeds and things necessary in my name, to record or transfer the Intellectual Property Rights in the name of the Company. Further, I hereby undertake and warrant that You shall confirm, ratify and be bound by any and all of the actions done by the Company pursuant to this Clause. ● To the extent permitted under applicable law, I hereby waive all my rights, including moral rights on any copyright work originated, conceived, written or made by me and I agree not to claim that any treatment, exploitation or use of the said work infringes such moral rights (including but not limited to, the right to be indemnified, the right to object derogatory treatment and right against false attribution).
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement
Ownership and Assignment of Inventions. ● I hereby represent and warrant and undertake that I will not use or integrate in the Inventions any third-party materials or data that are not validly licensed to the Company. ● 2.3.1 I acknowledge that pursuant to the Copyright Act, 1957, the Company shall own all rights, title and interest in any Inventions (and all Proprietary Rights with respect thereto) ), as provided by the law whether or not patentable or registrable registerable under copyright or similar statutes, made or conceived or reduced to practice or learned by methe Employee, either alone or jointly with others, during the term course of this Confidentiality and IP Agreement my employment with the CompanyCompany shall be the sole property of the Company from the date of creation thereof. All such inventions are deemed I hereby waive all moral rights in relation to be work-for-hirethe Inventions. ● Notwithstanding the foregoing, to the extent that, for any reason, the Company does not own all and any right, title and interest in and to any Invention (or the Proprietary Rights with respect thereto), I hereby, absolutely and irrevocably, in perpetuity, on a royalty free-basis, assign and agree to assign in the future (when any such Inventions or Proprietary Rights are first reduced to practice or first fixed in a tangible medium, as applicable) to the Company all and any worldwide right, title and interest in and to any and all such Inventions (and all Proprietary Rights with respect thereto), without any encumbrances whatsoever, whether or not patentable or registrable registerable under copyright or similar statutes, made or conceived or reduced to practice or learned by me, either alone or jointly with others, during with the term course of this Confidentiality and IP Agreement my employment with the Company. I also agree to assist the Company and perform all acts and execute all documents, deeds, declarations, undertakings and make all filings or applications as reasonably requested by the Company, in order to transfer full title and ownership over the Inventions (and Proprietary Rights associated therewith), and all other intellectual property created by me during my employment, to the Company, during and after my Employment Term. Further, I also agree to assist the Company perform all acts and execute all necessary documents to perfect and maintain the above assignments. Notwithstanding confirm that the provisions of Section 19(4) of the Copyright Act, 1957 of India, shall not be applicable to this Confidentiality Agreement and any assignment in so far as it relates to copyrightable material shall not lapse nor do the rights transferred therein revert to me, even if the Company does not exercise the rights under the assignment within a period of one year from the date of assignment. ● During I hereby agree to waive any right to and refrain from raising any objection or after claims to the termination Copyright Board of employment India with respect to any assignment, pursuant to Section 19A of the Copyright Act, 1957. I further agree to assist and cooperate with the Company, I hereby undertake to do Company in perfecting its rights in any of its Inventions (and all acts, and execute any and all documents as may be required by the Company, in its sole discretion, to protect, perfect or enforce any of the rights granted by me to the Company pursuant to the Confidentiality and IP Agreement. The cost and expense of such documents shall be borne by the Company. I hereby also irrevocably appoint and authorize the Company to do all or any of the acts, deeds and things necessary in my name, to record or transfer the Intellectual Property Proprietary Rights in the name of the Company. Further, I hereby undertake and warrant that You shall confirm, ratify and be bound by any and all of the actions done by the Company pursuant to this Clause. ● To the extent permitted under applicable law, I hereby waive all my rights, including moral rights on any copyright work originated, conceived, written or made by me and I agree not to claim that any treatment, exploitation or use of the said work infringes such moral rights (including but not limited to, the right to be indemnified, the right to object derogatory treatment and right against false attributionwith respect thereto).
Appears in 1 contract
Samples: Employment Agreement
Ownership and Assignment of Inventions. ● I hereby represent and warrant and undertake that I will not use or integrate in the Inventions any third-party materials or data that are not validly licensed to the Company. ● I acknowledge that pursuant to the Copyright Act, 1957, the Company shall own all rights, title and interest in any Inventions (and all Proprietary Rights with respect thereto) as provided by the law whether or not patentable or registrable under copyright or similar statutes, made or conceived or reduced to practice or learned by me, either alone or jointly with others, during the term of this Confidentiality and IP Assignment Agreement with the Company. All such inventions are deemed to be work-for-hire. ● Notwithstanding the foregoing, to the extent that, for any reason, the Company does not own all and any right, title and interest in and to any Invention (or the Proprietary Rights with respect thereto), I hereby, absolutely and irrevocably, in perpetuity, assign and agree to assign in the future (when any such Inventions or Proprietary Rights are first reduced to practice or first fixed in a tangible medium, as applicable) to the Company all and any worldwide right, title and interest in and to any and all such Inventions (and all Proprietary Rights with respect thereto), whether or not patentable or registrable under copyright or similar statutes, made or conceived or reduced to practice or learned by me, either alone or jointly with others, during the term of this Confidentiality and IP Assignment Agreement with the Company, on a royalty free basis. I also agree to assist the Company and perform all acts and execute all deeds, documents, deedsstatements, declarations, and undertakings as may be reasonably required, for the full and make all filings or applications as reasonably requested by the Company, in order to effective transfer full of title and ownership over the Inventions (and Proprietary Rights associated therewith), and all other intellectual property created by me during my employment, to the Company, during and after my the Employment Term. Further, I also agree to assist the Company perform all acts and execute all necessary documents to perfect and maintain the above assignments. Notwithstanding the provisions of Section 19(4) of the Copyright Act, 1957 of India, any assignment in so far as it relates to copyrightable material shall not lapse nor the rights transferred therein revert to me, even if the Company does not exercise the rights under the assignment within a period of one year from the date of assignment. ● During or after the termination of employment with the Company, I hereby undertake to do any and all acts, and execute any and all documents as may be required by the Company, in its sole discretion, to protect, perfect or enforce any of the rights granted by me to the Company pursuant to the Confidentiality and IP Agreement. The cost and expense of such documents shall be borne by the Company. I hereby also irrevocably appoint and authorize the Company to do all or any of the acts, deeds and things necessary in my name, to record or transfer the Intellectual Property Rights in the name of the Company. Further, I hereby undertake and warrant that You shall confirm, ratify and be bound by any and all of the actions done by the Company pursuant to this Clause. ● To the extent permitted under applicable law, I hereby waive all my rights, including moral rights on any copyright work originated, conceived, written or made by me and I agree not to claim that any treatment, exploitation or use of the said work infringes such moral rights (including but not limited to, the right to be indemnified, the right to object derogatory treatment and right against false attribution).
Appears in 1 contract
Samples: Employment Agreement