Common use of Time of Invention; Presumption Clause in Contracts

Time of Invention; Presumption. For the purposes of this Agreement, an invention or other Intellectual Property is deemed to have been made or conceived during the duration of employment if during such time, the invention or other Intellectual Property was conceived or first actually reduced to writing or practice; and Optionee agrees that any disclosure of an invention, Intellectual Property or any patent or copyright application made within one (1) year after termination of his employment shall be presumed to relate to an invention or other Intellectual Property which was made or conceived during the term of Optionee's employment unless Optionee provides satisfactory and compelling evidence to the contrary.