Ownership, Assignment, Assistance, and Power of Attorney. All Employment Inventions (as defined in Section 10.3 below) shall be the sole and exclusive property of the Consolidated Company, and the Consolidated Company shall have the right to use and to apply for patents, copyrights, or other statutory or common law protection for such Employment Inventions in any country. Employee hereby assigns to the Consolidated Company any rights which he may acquire in such Employment Inventions. Furthermore, Employee agrees to assist the Consolidated Company in every proper way at the Consolidated Company's expense to obtain patents, copyrights, and other statutory common law protections for such Employment Inventions in any country and to enforce such rights from time to time. Specifically, Employee agrees to execute all documents as the Consolidated Company may desire for use in applying for and in obtaining or enforcing such patents, copyrights, and other statutory or common law protections together with any assignments thereof to the Consolidated Company or to any person designated by the Company. Employee's obligations under this Section 10 shall continue beyond the termination of his employment under this Agreement, but the Consolidated Company shall compensate Employee at a rate agreed upon by Employee and the Consolidated Company pursuant to negotiations in good faith after such termination for the time which Employee actually spends at the Consolidated Company's request in rendering such assistance.
Appears in 3 contracts
Samples: Executive Employment Agreement (Altair Nanotechnologies Inc), Executive Employment Agreement (Altair Nanotechnologies Inc), Executive Employment Agreement (Altair Nanotechnologies Inc)
Ownership, Assignment, Assistance, and Power of Attorney. All Employment Inventions (as defined in Section 10.3 below) shall be the sole and exclusive property of the Consolidated Company, and the Consolidated Company shall have the right to use and to apply for patents, copyrights, or other statutory or common law protection for such Employment Inventions in any country. Employee hereby assigns to the Consolidated Company any rights which he may acquire in such Employment Inventions. Furthermore, Employee agrees to assist the Consolidated Company in every proper way at the Consolidated Company's expense to obtain patents, copyrights, and other statutory common law protections for such Employment Inventions in any country and to enforce such rights from time to time. Specifically, Employee agrees to execute all documents as the Consolidated Company may desire for use in applying for and in obtaining or enforcing such patents, copyrights, and other statutory or common law protections together with any assignments thereof to the Consolidated Company or to any person designated by the Company. Employee's obligations under this Section 10 shall continue beyond the termination of his employment under this Agreement, but the Consolidated Company shall compensate Employee at a rate agreed upon by Employee and the Consolidated Company pursuant to negotiations in good faith after such termination for the time time, which Employee actually spends at the Consolidated Company's request in rendering such assistance.
Appears in 2 contracts
Samples: Executive Employment Agreement (Altair Nanotechnologies Inc), Executive Employment Agreement (Altair Nanotechnologies Inc)
Ownership, Assignment, Assistance, and Power of Attorney. All Employment Inventions (as defined in Section 10.3 below) shall be the sole and exclusive property of the Consolidated Company, and the Consolidated Company shall have the right to use and to apply for patents, copyrights, or other statutory or common law protection for such Employment Inventions in any country. Employee hereby assigns to the Consolidated Company any rights which he may acquire in such Employment Inventions. Furthermore, Employee agrees to assist the Consolidated Company in every proper way at the Consolidated Company's expense to obtain patents, copyrights, and other statutory common law protections for such Employment Inventions in any country and to enforce such rights from time to time. Specifically, Employee agrees to execute all documents as the Consolidated Company may desire for use in applying for and in obtaining or enforcing such patents, copyrights, and other statutory or common law protections together with any assignments thereof to the Consolidated Company or to any person designated by the Company. Employee's obligations under this Section 10 shall continue beyond the termination of his employment under this Agreement, but the Consolidated Company shall compensate Employee at a rate agreed upon by Employee and the Consolidated Company pursuant to negotiations in good faith after such termination for the time which Employee actually spends at the Consolidated Company's request in rendering such assistance.
Appears in 1 contract
Samples: Executive Employment Agreement (Smoky Market Foods Inc)
Ownership, Assignment, Assistance, and Power of Attorney. All Employment Inventions (as defined in Section 10.3 9.3 below) shall be the sole and exclusive property of the Consolidated Company, and the Consolidated Company shall have the right to use and to apply for patents, copyrights, or other statutory or common law protection for such Employment Inventions in any country. Employee hereby assigns to the Consolidated Company any rights which he has or may acquire in such Employment Inventions. Furthermore, Employee agrees to assist the Consolidated Company in every proper reasonable way at the Consolidated Company's expense to obtain patents, copyrights, and other statutory common law protections for such Employment Inventions in any country and to enforce such rights from time to time. Specifically, at the Company's expense Employee agrees to execute all documents as the Consolidated Company may reasonably desire for use in applying for and in obtaining or enforcing such patents, copyrights, and other statutory or common law protections together with any assignments thereof to the Consolidated Company or to any person designated by the Company. Employee's obligations under this Section 10 9 shall continue beyond the termination of his employment under this Agreement, but the Consolidated Company shall compensate Employee at a rate agreed upon by Employee and the Consolidated Company pursuant to negotiations in good faith after such termination for the time which Employee actually spends at the Consolidated Company's request in rendering such assistance.
Appears in 1 contract
Ownership, Assignment, Assistance, and Power of Attorney. All Employment Inventions (as defined in Section 10.3 9.3 below) shall be the sole and exclusive property of the Consolidated Company, and the Consolidated Company shall have the right to use and to apply for patents, copyrights, or other statutory or common law protection for such Employment Inventions in any country. Employee hereby assigns to the Consolidated Company any rights which he has or may acquire in such Employment Inventions. Furthermore, Employee agrees to assist the Consolidated Company in every proper reasonable way at the Consolidated Company's ’s expense to obtain patents, copyrights, and other statutory common law protections for such Employment Inventions in any country and to enforce such rights from time to time. Specifically, at the Company’s expense Employee agrees to execute all documents as the Consolidated Company may reasonably desire for use in applying for and in obtaining or enforcing such patents, copyrights, and other statutory or common law protections together with any assignments thereof to the Consolidated Company or to any person designated by the Company. Employee's ’s obligations under this Section 10 9 shall continue beyond the termination of his employment under this Agreement, but the Consolidated Company shall compensate Employee at a rate agreed upon by Employee and the Consolidated Company pursuant to negotiations in good faith after such termination for the time which Employee actually spends at the Consolidated Company's ’s request in rendering such assistance.
Appears in 1 contract
Samples: Asset Purchase Agreement (Vitalstream Holdings Inc)