Ownership of Inventions and Work Product Sample Clauses

Ownership of Inventions and Work Product. All such Inventions and all right, title, and interest of every kind and nature, whether now known or unknown, in and to any intellectual property, including, but not limited to, any computer software programs, trademarks, service marks, copyrights, films, scripts, ideas, creations, and properties invented, created, written, developed, furnished, produced, or disclosed by Employee, in the course of rendering services to Company under and pursuant to this Agreement (hereinafter “Work Product”) shall be the sole and exclusive property of Company or its nominee, and during the term of his employment and thereafter, whenever requested to do so by Company, Employee shall execute and assign any and all applications, assignments and other instruments which Company shall deem necessary or convenient in order to apply for and obtain Letters Patent or Copyright Registration of the United States and/or of any foreign countries for such Inventions and/or Work Product and in order to assign and convey to Company or its nominee the sole and exclusive right, title and interest in and to such inventions, and Employee will render reasonable aid and assistance in any interference or litigation pertaining thereto, all expenses reasonably incurred by Employee at the request of Company to be borne by Company, provided such aid assistance does not unreasonably interfere with Employee’s then current employment. In this connection, as to work which requires Employee’s time after termination of his employment, Employee shall be entitled to compensation for the time requested by Company at an hourly rate equal to the pro rata hourly rate at which Employee is being paid for a normal pay period immediately prior to the request for services. All Inventions and Work Product resulting from Employee’s employment by Company shall be considered “work for hire” for purposes of the United States copyright laws.
AutoNDA by SimpleDocs
Ownership of Inventions and Work Product. 5.1. During the term of this Agreement, Employee shall promptly disclose to the Company, or any persons designated by it, all improvements, inventions, designs, original works of authorship, formulas, concepts, methods, systems, processes, techniques, compositions of matter, computer software programs, data bases, mask works, trade secrets, know-how and data, whether or not patentable, copyrightable or protectable as trade secrets, that are related to the technology and/or the business of the Company and made or conceived or reduced to practice or learned by Employee, either alone or jointly with others, in the course of his employment with the Company or prior to that as a service provider of management services to the Company, or results from tasks assigned by the Company or result from use of premises of the Company as long that is relate to the field of activities of the Company, actual or anticipated (hereinafter referred to as “Inventions”).
Ownership of Inventions and Work Product. To the extent this Contract requires the Contractor to produce goods, tangible objects, inventions, or original intellectual property of any kind, including but not limited to written reports, memoranda, documents, graphs, charts, illustrations, artwork, photographs, video recordings or audio recordings of any kind, regardless of the medium in which such products are recorded (print or electronic), all ownership and copyright interests in such work product shall belong to TCC.

Related to Ownership of Inventions and Work Product

  • Ownership of Work Product A. All right, title, and interest in the Work Product, including all Intellectual Property Rights therein, is exclusively owned by System Agency. Grantee and Xxxxxxx’s employees will have no rights in or ownership of the Work Product or any other property of System Agency.

  • Proprietary Information and Inventions Employee understands and acknowledges that:

  • Joint Inventions For Subject Inventions conceived or first actually reduced to practice under this Agreement that are joint Subject Inventions made by CONTRACTOR and USER, each Party shall have the option to elect and retain title to its undivided rights in such joint Subject Inventions.

  • Joint Work Product This Agreement is the joint work product of H-GAC and the Contractor. This Agreement has been negotiated by H-GAC and the Contractor and their respective counsel and shall be fairly interpreted in accordance with its terms and, in the event of any ambiguities, no inferences shall be drawn against any party.

Time is Money Join Law Insider Premium to draft better contracts faster.