Common use of Presumption Clause in Contracts

Presumption. In the event of any dispute, arbitration or litigation concerning whether an invention, improvement or discovery made or conceived by Employee is the property of Company, such invention, improvement or discovery will be presumed the property of Company and Employee will bear the burden of establishing otherwise.

Appears in 3 contracts

Samples: Employee Confidentiality/Restrictive Covenant Agreement (Ev3 Inc.), Employee Confidentiality/Restrictive Covenant Agreement (Ev3 Inc.), Employee Confidentiality/Restrictive Covenant Agreement (Ev3 Inc.)

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Presumption. In the event of any dispute, arbitration or litigation concerning whether an invention, improvement or discovery any Invention made or conceived by Employee the EMPLOYEE is the property of Companythe COMPANY, such invention, improvement or discovery Invention will be presumed the property of Company the COMPANY and Employee the EMPLOYEE will bear the burden of establishing otherwise, and if it is established otherwise, the COMPANY will reimburse EMPLOYEE for the cost of arbitration or litigation involved in such determination.

Appears in 3 contracts

Samples: Employment Agreement (Twin Cities Power Holdings, LLC), Employment Agreement (Twin Cities Power Holdings, LLC), Employment Agreement (Twin Cities Power Holdings, LLC)

Presumption. In the event of any dispute, arbitration arbitration, or litigation concerning whether an invention, improvement improvement, or discovery made or conceived by Employee is the property of Company, such invention, improvement improvement, or discovery will be presumed the property of Company and Employee will bear the burden of establishing otherwise.

Appears in 3 contracts

Samples: Employment Agreement (Ev3 Inc.), Confidentiality, Non Competition and Non Solicitation Agreement (Ev3 Inc.), Employment Agreement (Ev3 Inc.)

Presumption. In the event of any dispute, arbitration or litigation concerning whether an invention, improvement or discovery made or conceived by the Employee is the property of the Company, such invention, improvement or discovery will be presumed the property of the Company and the Employee will bear the burden of establishing otherwise.

Appears in 3 contracts

Samples: Employment Agreement (Oakridge Holdings Inc), Employment Agreement (Oakridge Holdings Inc), Employment Agreement (Oakridge Holdings Inc)

Presumption. In the event of any dispute, arbitration or litigation concerning whether an invention, improvement or discovery made or conceived by Employee the Consultant is the property of the Company, such invention, improvement or discovery will be presumed the property of the Company and Employee the Consultant will bear the burden of establishing otherwise.

Appears in 1 contract

Samples: Consulting Agreement (Entellus Medical Inc)

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Presumption. In the event of any dispute, arbitration or litigation concerning whether an inventionInvention made, improvement or discovery made authored or conceived by Employee the Executive is the property of the Company, such invention, improvement or discovery Invention will be presumed the property of the Company and Employee the Executive will bear the burden of establishing otherwise.

Appears in 1 contract

Samples: Employment Agreement (Entellus Medical Inc)

Presumption. In the event of any dispute, arbitration arbitration, or litigation concerning whether an invention, improvement improvement, or discovery made or conceived by the Employee is the property of the Company, such invention, improvement improvement, or discovery will be presumed the property of the Company and the Employee will bear the burden of establishing otherwise.

Appears in 1 contract

Samples: Confidentiality, Invention Assignment, and Non Competition Agreement (Entellus Medical Inc)

Presumption. In the event of any dispute, arbitration or litigation concerning whether an invention, improvement or discovery made or conceived by Employee is the property of the Company, such invention, improvement or discovery will be presumed the property of the Company and the Employee will bear the burden of establishing otherwise...

Appears in 1 contract

Samples: Employment Agreement (CLS Holdings USA, Inc.)

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