Common use of Personnel Agreements Clause in Contracts

Personnel Agreements. To the best of Seller's knowledge and belief, all personnel, including employees, agents, consultants and contractors, who have contributed to or participated in the conception and development of the Products and Related Technology or Intellectual Property on behalf of Seller either have been party to a "work-for-hire" arrangement or agreement with Seller that has afforded Seller full, effective and original ownership of all tangible and intangible property thereby arising, or have executed appropriate instruments of assignment in favor of Seller as assignee that have conveyed to Seller full, effective and exclusive ownership of all tangible and nontangible property thereby arising.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Asyst Corp), Asset Purchase Agreement (Asyst Corp), Asset Purchase Agreement (Asyst Corp)

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Personnel Agreements. To the best of Seller's knowledge and belief, all All personnel, including employees, agents, consultants consultants, and contractors, who have contributed to or participated in the conception and development of the Products and Related Technology Projects, or Intellectual Property on behalf of Seller either (1) have been party to a "work-for-hire" arrangement or agreement with Seller Seller, in accordance with applicable law, that has afforded accorded Seller full, effective effective, exclusive, and original ownership of all tangible and intangible property thereby arising, or (2) have executed appropriate instruments of assignment in favor of Seller as assignee that have conveyed to Seller full, effective effective, and exclusive ownership of all tangible and nontangible intangible property thereby arising.

Appears in 1 contract

Samples: Asset Purchase Agreement (Keryx Biophamaeuticals Inc)

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