Common use of Transfer of Inventions Clause in Contracts

Transfer of Inventions. Executive, for himself and his heirs and representatives, will promptly communicate and disclose to the Company, and upon request will, without additional compensation, execute all papers reasonably necessary to assign to the Company or the Company's nominees, free of encumbrance or restrictions, all inventions, discoveries, improvements, whether patentable or not, conceived or originated by Executive solely or jointly with others, at the Company's expense or at the Company's facilities, or at the Company's request, or in the course of his employment, or based on knowledge or information obtained through his employment during the Term. All such assignments shall include the patent rights in this and all foreign countries. Notwithstanding the foregoing, this Section 5(B) shall not apply to any invention for which no equipment, supplies, facilities or trade secret information of the Company was used and which was developed entirely on Executive's own time; and i. that does not relate: a. directly to the business of the Company, or b. to the Company's actual or demonstrably anticipated research or development; or ii. that does not result from any work performed by Executive for the Company.

Appears in 6 contracts

Samples: Employment Agreement (Cytomedix Inc), Employment Agreement (Cytomedix Inc), Employment Agreement (Cytomedix Inc)

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Transfer of Inventions. Executive, for himself and his heirs and representatives, will promptly communicate and disclose to the Company, and upon request will, without additional compensation, execute all papers reasonably necessary to assign to the Company or the Company's ’s nominees, free of encumbrance or restrictions, all inventions, discoveries, improvements, whether patentable or not, conceived or originated by Executive solely or jointly with others, at the Company's ’s expense or at the Company's ’s facilities, or at the Company's ’s request, or in the course of his employment, or based on knowledge or information obtained through during his employment during the Termemployment. All such assignments shall include the patent rights in this and all foreign countries. Notwithstanding the foregoing, this Section 5(B) 5.2 shall not apply to any invention for which no equipment, supplies, facilities or trade secret information of the Company Company, its subsidiaries or affiliates was used and which was developed entirely on Executive's ’s own time; and i. time and (a) that does not relate: a. relate (1) directly to the business of the Company, its subsidiaries or affiliates or b. to the Company's actual or demonstrably anticipated research or development; or ii. that does not result from any work performed by Executive for the Company.

Appears in 1 contract

Samples: Transition Agreement (Curative Health Services Inc)

Transfer of Inventions. Executive, for himself herself and his her heirs and representatives, will promptly communicate and disclose to the Company, and upon request will, without additional compensation, execute all papers reasonably necessary to assign to the Company or the Company's nominees, free of encumbrance or restrictions, all inventions, discoveries, improvements, whether patentable or not, conceived or originated by Executive solely or jointly with others, at the Company's expense or at the Company's facilities, or at the Company's request, or in the course of his her employment, or based on knowledge or information obtained through his her employment during the Term. All such assignments shall include the patent rights in this and all foreign countries. Notwithstanding the foregoing, this Section 5(B) shall not apply to any invention for which no equipment, supplies, facilities or trade secret information of the Company was used and which was developed entirely on Executive's own time; and i. that does not relate: a. directly to the business of the Company, or b. to the Company's actual or demonstrably anticipated research or development; or ii. that does not result from any work performed by Executive for the Company.

Appears in 1 contract

Samples: Employment Agreement (Cytomedix Inc)

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Transfer of Inventions. Executive, for himself and his heirs and representatives, will promptly communicate and disclose to the Company, and upon request will, without additional compensation, execute all papers reasonably necessary to assign to the Company or the Company's ’s nominees, free of encumbrance or restrictions, all inventions, discoveries, improvements, whether patentable or not, conceived or originated by Executive solely or jointly with others, at the Company's ’s expense or at the Company's ’s facilities, or at the Company's ’s request, or in the course of his employment, or based on knowledge or information obtained through his employment during the Term. All such assignments shall include the patent rights in this the United States and all foreign countries. Notwithstanding the foregoing, this Section 5(B) 5.2 shall not apply to any invention for which no equipment, supplies, facilities or trade secret information of the Company was used and which was developed entirely on Executive's ’s own time; and i. time and (a) that does not relate: a. relate (1) directly to the business of the Company, or b. Company or (2) to the Company's ’s actual or demonstrably anticipated research or development; or ii. , or (b) that does not result from any work performed by Executive for the Company.

Appears in 1 contract

Samples: Employment Agreement (Curative Health Services Inc)

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