Common use of Proprietary Developments Clause in Contracts

Proprietary Developments. Employee agrees promptly to fully disclose and assign and does hereby assign to the Company the entire right, title and interest throughout the world in and to all product formulations, inventions, improvements, discoveries, know-how, trade secrets, information, processes, machines, manufactures, compositions, apparatus or products ("Proprietary Information"), whether or not patentable, made or conceived or discovered or developed or reduced to practice, solely or jointly, by Employee during the Term of Employment: (a) Regardless of whether or not during working time chargeable to the Company, which relate in any manner to the Company's field of business interest or are suggested by or to Employee or result from work performed by Employee for the Company or are made by the use of the Company's materials or equipment, or (b) While on the Company's time, regardless of the nature of the Proprietary Information. It shall be presumed, subject to clear and convincing proof to the contrary, that all Inventions, whether or not patentable, relating to the Company's business and developed by Employee during the six month period beginning on the date of termination of the Term of Employment were, for the purposes of this Agreement, conceived prior to the termination of the Term of Employment. Employee will cooperate with the Company in all lawful ways in order to carry into effect the provisions of this Section 8, including the execution of any papers or documents deemed by the Company to be desirable or necessary to enable the Company to apply for, secure and maintain patent or copyright protection thereon in the United States of America and in foreign countries including, but not limited to applications, assignments and other legal instruments.

Appears in 4 contracts

Samples: Employment Agreement (Industrial Data Systems Corp), Employment Agreement (Industrial Data Systems Corp), Employment Agreement (Industrial Data Systems Corp)

AutoNDA by SimpleDocs

Proprietary Developments. Employee agrees promptly to fully disclose and assign and does hereby assign to the Company the entire right, title and interest throughout the world in and to all product formulations, inventions, improvements, discoveries, know-how, trade secrets, information, processes, machines, manufactures, compositions, apparatus or products ("Proprietary Information"), whether or not patentable, made or conceived or discovered or developed or reduced to practice, solely or jointly, by Employee during the Term of Employment:Employment that are related to the manufacture, distribution and sale of oil and gas products and industrial fire suppression systems (Company's Business): (a) Regardless of whether or not during working time chargeable to the Company, which relate in any manner to the Company's field of business interest Business or are suggested by or to Employee or result from work performed by Employee for the Company or are made by the use of the Company's materials or equipment, or (b) While on the Company's time, regardless of the nature of the Proprietary Informationtime pursuing Company's Business. It shall be presumed, subject to clear and convincing proof to the contrary, that all Inventions, whether or not patentable, relating to the Company's business Business and developed by Employee during the six month period beginning on the date of termination of the Term of Employment were, for the purposes of this Agreement, conceived prior to the termination of the Term of Employment. Employee will cooperate with the Company in all lawful ways in order to carry into effect the provisions of this Section 8, including the execution of any papers or documents deemed by the Company to be desirable or necessary to enable the Company to apply for, secure and maintain patent or copyright protection thereon in the United States of America and in foreign countries including, but not limited to applications, assignments and other legal instruments.

Appears in 1 contract

Samples: Employment Agreement (Industrial Data Systems Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!