Common use of Release or License Clause in Contracts

Release or License. If an Invention does not relate to the existing or reasonable foreseeable business interests of Inspire, Inspire may, in its sole and unreviewable discretion, release or license the Invention to the Executive upon written request by the Executive. No release or license shall be valid unless in writing signed by Inspire’s general counsel.

Appears in 12 contracts

Samples: Executive Employment Agreement (Inspire Medical Systems, Inc.), Executive Employment Agreement (Inspire Medical Systems, Inc.), Executive Employment Agreement (Inspire Medical Systems, Inc.)

AutoNDA by SimpleDocs

Release or License. If an Invention does not relate to the existing or reasonable foreseeable business interests of Inspire, Inspire may, in its sole and unreviewable discretion, release or license the Invention to the Executive upon written request by the Executive. No release or license shall be valid unless in writing signed by InspireXxxxxxx’s general counsel.

Appears in 3 contracts

Samples: Executive Employment Agreement (Inspire Medical Systems, Inc.), Executive Employment Agreement (Inspire Medical Systems, Inc.), Executive Employment Agreement (Inspire Medical Systems, Inc.)

AutoNDA by SimpleDocs

Release or License. If an Invention does not relate to the existing or reasonable foreseeable business interests of InspireInsp ire, Inspire may, in its sole and unreviewable discretion, release or license the Invention to the Executive upon written request by the Executive. No release or license shall be valid unless in writing signed by Inspire’s general counsel.

Appears in 2 contracts

Samples: Executive Employment Agreement (Inspire Medical Systems, Inc.), Executive Employment Agreement (Inspire Medical Systems, Inc.)

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