Common use of Pre-Existing Inventions Clause in Contracts

Pre-Existing Inventions. Employee will retain all right, title and interest in and to inventions that Employee created and owned prior to Employee’s service to the Company, if any, as listed on Schedule 1. If Schedule 1 is left blank, Employee concedes that no such pre-existing inventions exist. Employee will promptly disclose and hereby assigns to the Company any modifications or improvements to such inventions that are developed during his employment with the Company, which will become Company Inventions in accordance with this Section 6. Sections 6(a), 6(b), 6(c), and 6(d) shall not apply to any inventions listed on Schedule 1 and no such invention shall become a Company Invention.

Appears in 4 contracts

Samples: Employment Agreement (NewAge, Inc.), Indemnification Agreement (New Age Beverages Corp), Employment Agreement (New Age Beverages Corp)

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