Common use of Proprietary Information and Work Product Clause in Contracts

Proprietary Information and Work Product. Employee shall not use or bring to the Company Group any technical information, data, trade secrets, processes, formulae, inventions or other intellectual property, which are proprietary to any person other than the Company Group. Employee acknowledges and agrees that all proprietary interests including all patent rights, trade secrets and confidential information in and to any product of the Company Group's business (the "Work Product") is the sole and exclusive property of the Company or such other party as the Company may from time to time designate, and Employee hereby assigns to the Company or to such other party as the Company may direct all such rights which it possesses or may possess or is entitled to or which vests or may vest in connection with the Work Product. Employee agrees to execute all such instruments, certificates or documents required by the Company to confirm such ownership and implement such assignment.