Prior Achievements. Party B shall set forth in Attachment 1 hereto all inventions, the original work which he owns the copyright subsist therein, development and improvement and trade secrets (collectively referred to as the “Prior Achievements”) relating to Party A’s business, products, research and development which have been obtained and owned by Party B before he is employed by Party A and have not been transferred to Party A. Party B agrees that the absence of the aforesaid attachments represents that Party B does not own any of the above “Prior Achievements”. During the term of Party B’s employment with Party A, if Party B incorporates any “Prior Achievements” possessed by him or in which he has interests into Party A’s products, processes or machines, then Party B agrees to grant Party A the nonexclusive, irrevocable, perpetual and global license and permit Party A to produce, modify, use or sell the “Prior Achievements” which are the part of or related to the aforesaid products, processes or machines, and Party A needs not to pay any fee to Party B for this purpose.
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Samples: Capital Increase and Stock Transfer Agreement (NQ Mobile Inc.), Stock Transfer Agreement (NQ Mobile Inc.)
Prior Achievements. Party B shall set forth in Attachment 1 hereto all inventions, the original work which he owns the copyright subsist therein, development and improvement and trade secrets (collectively referred to as the “Prior Achievements”) relating to Party A’s business, products, research and development which have been obtained and owned by Party B before he is employed by Party A and have not been transferred to Party A. Party B agrees that the absence of the aforesaid attachments represents that Party B does not own any of the above “Prior Achievements”. During the term of Party B’s employment with Party A, if Party B incorporates any “Prior Achievements” possessed by him or in which he has interests into Party A’s products, processes or machines, then Party B agrees to grant Party A the nonexclusive, irrevocable, perpetual and global license and permit Party A to produce, modify, use or sell the “Prior Achievements” which are the part of or related to the aforesaid products, processes or machines, and Party A needs not to pay any fee to Party B for this purpose.. 44
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Samples: www.sec.gov
Prior Achievements. Party B shall set forth in Attachment 1 hereto all inventions, the original work which he owns the copyright subsist therein, development and improvement and trade secrets (collectively referred to as the “Prior Achievements”) relating to Party A’s business, products, research and development which have been obtained and owned by Party B before he is employed by Party A and have not been transferred to Party A. Party B agrees that the absence of the aforesaid attachments represents that Party B does not own any of the above “Prior Achievements”. During the term of Party B’s employment with Party A, if Party B incorporates any “Prior Achievements” possessed by him or in which he has interests into Party A’s products, processes or machines, then Party B agrees to grant Party A the nonexclusive, irrevocable, perpetual and global license and permit Party A to produce, modify, use or sell the “Prior Achievements” which are the part of or related to the aforesaid products, processes or machines, and Party A needs not to pay any fee to Party B for this purpose.. 116
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