Common use of Property Belonging to Company Clause in Contracts

Property Belonging to Company. The Consultant agrees that all developments, ideas, devices, improvements, discoveries, apparatus, practices, processes, methods, concepts and products (collectively the “Inventions”) developed by the Consultant from and after the Service Commencement Date until the end of the Term are the exclusive property of the Company and shall belong to the Company. The Consultant agrees to assign the Inventions to the Company, provided, however, notwithstanding the foregoing, the Consultant shall not be required to assign his rights in any invention which the Consultant developed entirely on his own time without using the Company’s equipment, supplies, facilities or trade secret information except for those inventions that either:

Appears in 2 contracts

Samples: Consulting Agreement (Sionix Corp), Consulting Agreement (Sionix Corp)

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Property Belonging to Company. The Consultant agrees that all developments, ideas, devices, improvements, discoveries, apparatus, practices, processes, methods, concepts and products (collectively the "Inventions") developed by Consultant during the Consultant from and after the Service Commencement Date until the end term of the Term this Agreement are the exclusive property of the Company and shall belong to the Company. The Consultant agrees to assign the Inventions to the Company, provided, however, notwithstanding the foregoing, the Consultant shall not be required to assign his its rights in any invention which the Consultant developed entirely on his Consultant's own time without using the Company’s 's equipment, supplies, facilities or trade secret information except for those inventions that either:either (i) relate at the time of conception or reduction to practice of the invention to the Company's business, or actual or demonstrably anticipated research of development of the Company or (ii) result from any work performed by Consultant for the Company.

Appears in 2 contracts

Samples: Consulting Agreement (Millenium Holding Group Inc /Az/), Consulting Agreement (Microsignal Corp/Nv)

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Property Belonging to Company. The Consultant agrees that all developments, ideas, devices, improvements, discoveries, apparatus, practices, processes, methods, concepts and products (collectively the “Inventions”) developed by the Consultant from and after during the Service Commencement Date until the end term of the Term this Agreement are the exclusive property of the Company and shall belong to the Company. The Consultant agrees to assign the Inventions to the Company, provided, however, notwithstanding . Notwithstanding the foregoing, the Consultant shall not be required to assign his rights in any invention which the Consultant developed entirely on his own time without using the Company’s equipment, supplies, facilities or trade secret information except for those inventions that either:

Appears in 1 contract

Samples: Consulting Agreement (Helios & Matheson Analytics Inc.)

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