Common use of Ownership of Works Clause in Contracts

Ownership of Works. The Executive specifically acknowledges that all Works, including but without limitation those Works created during the Period immediately following the Executive’s resignation or termination, are works deemed to be made in the course of or as a result of his or her employment or engagement with the Company, and all right, title and interest in and to such Works shall vest in and be the exclusive property of the Company upon their creation. In addition, the Executive hereby waives all moral rights which the Executive may have in such Works. The Executive further acknowledges that part of his or her compensation as an employee of, or consultant to, the Company is compensation in respect of the provisions contained in this ARTICLE 6.