Common use of PROPRIETARY RIGHTS; ASSIGNMENT Clause in Contracts

PROPRIETARY RIGHTS; ASSIGNMENT. All right, title and interest, and all proprietary claims to all data and other information, patentable inventions, non-patentable processes or know-how, designs, and/or ideas for formulae, including but not limited to methodology, computer programs, systems, materials and manuals conceived, developed, made or produced by Employee (alone or in conjunction with others) (a) in the course of Employee’s employment with the Company, or (b) with the time, private or proprietary information, or facilities of one or more Schrödinger Companies (collectively, the materials described in Subsections 5.1(a) and 5.1(b) heretofore shall be referred to as the “Developments”), including without limitation all rights under applicable copyright, patent or trade secret laws, shall reside with Company (or such Schrödinger Company designated by Company) and, where applicable, shall be considered “works made for hire”; provided, however, that such ownership may be subject to the rights, if any, of the United States government and agencies thereof arising from Federal grants to the Company. Employee hereby assigns to the Company (or such Schrödinger Company designated by the Company) all right, title, and interest Employee has or may have in the Developments. Employee agrees that neither Employee nor Employee’s successors or assigns shall have any rights in the Developments.

Appears in 2 contracts

Samples: Employment Agreement (Schrodinger, Inc.), Employment Agreement (Schrodinger, Inc.)

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PROPRIETARY RIGHTS; ASSIGNMENT. All right, title and interest, and all proprietary claims to all data and other information, patentable inventions, non-patentable processes or know-how, designs, and/or ideas for formulae, including but not limited to methodology, computer programs, systems, materials and manuals conceived, developed, made or produced by Employee (alone or in conjunction with others) (a) in the course of Employee’s employment with the Company, or (b) with the time, private or proprietary information, or facilities of one or more Schrödinger Companies at any time on or after the Employment Commencement Date (collectively, the materials described in Subsections 5.1(a) and 5.1(b) heretofore shall be referred to as the “Developments”), including without limitation all rights under applicable copyright, patent or trade secret laws, shall reside with Company (or such Schrödinger Company designated by Company) and, where applicable, shall be considered “works made for hire”; provided, however, that such ownership may be subject to the rights, if any, of the United States government and agencies thereof arising from Federal grants to the Company. Employee hereby assigns to the Company (or such Schrödinger Company designated by the Company) all right, title, and interest Employee has or may have in the Developments. Employee agrees that neither Employee nor Employee’s successors or assigns shall have any rights in the Developments.

Appears in 1 contract

Samples: Employment Agreement (Schrodinger, Inc.)

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PROPRIETARY RIGHTS; ASSIGNMENT. All right, title and interest, and all proprietary claims to all data and other information, patentable inventions, non-patentable processes or know-how, designs, and/or ideas for formulae, including but not limited to methodology, computer programs, systems, materials and manuals conceived, developed, made or produced by Employee (alone or in conjunction with others) (a) in the course of Employee’s 's employment with the Company, or (b) with the time, private or proprietary information, or facilities of one or more Schrödinger Companies (collectively, the materials described in Subsections 5.1(a5.l(a) and 5.1(b5.l(b) heretofore shall be referred to as the "Developments"), including without limitation all rights under applicable copyright, patent or trade secret laws, shall reside with Company (or such Schrödinger Company designated by Company) and, where applicable, shall be considered "works made for hire"; provided, however, that such ownership may be subject to the rights, if any, of the United States government and agencies thereof arising from Federal grants to the Company. Employee hereby assigns to the Company (or such Schrödinger Company designated by the Company) all right, title, and interest Employee has or may have in the Developments. Employee agrees that neither Employee nor Employee’s 's successors or assigns shall have any rights in the Developments.

Appears in 1 contract

Samples: Employment Agreement (Schrodinger, Inc.)

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