Common use of OWNERSHIP AND USE OF WORK PRODUCTS Clause in Contracts

OWNERSHIP AND USE OF WORK PRODUCTS. 10.1 The Executive agrees that any Work Product shall be the sole and exclusive property of the Company. The Company is and shall be the sole owner of all copyrights, patents and other intellectual property rights in the Work Product. 10.2 The Executive agrees to assign to the Company any rights that he may have or acquire in the Work Product and hereby waives all claims to any right, title or interest in the Work Product, including any moral rights which he may have or acquire in the Work Product or to its use, including the right to restrain or claim damages for any distortion, mutilation or other modification of the Work Product or any part thereof whatsoever, or to restrain use or reproduction of the Work Product in any context, or in connection with any product or service. At any and all times during the term of this Agreement the Executive shall upon the request of the Company promptly perform all such acts and execute and deliver all such documents that may be necessary to vest in the Company the entire right, title and interest in and to any Work Product.

OWNERSHIP AND USE OF WORK PRODUCTS. 10.1 The Executive agrees that any Work Product shall be the sole and exclusive property of the Company. The Company is and shall be the sole owner of all copyrights, patents and other intellectual property rights in the Work Product. 10.2 The Executive agrees to assign to the Company any rights that he may have or acquire in the Work Product and hereby waives all claims to any right, title or interest in the Work Product, including any moral rights which he may have or acquire in the Work Product or to its use, including the right to restrain or claim damages for any distortion, mutilation or other modification of the Work Product or any part thereof whatsoever, or to restrain use or reproduction of the Work Product in any context, or in connection with any product or service. At any and all times either during or after the term of this Agreement the Executive shall upon the request of the Company promptly perform all such acts and execute and deliver all such documents that may be necessary to vest in the Company the entire right, title and interest in and to any Work Product.