Common use of Inventions Clause in Contracts

Inventions. (i) The Executive acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or works of authorship (“Inventions”), whether patentable or unpatentable, (A) that relate to the Executive’s work with the Parent Group, made or conceived by the Executive, solely or jointly with others, during the Employment Term, or (B) suggested by any work that the Executive performs in connection with the Parent Group, either while performing the Executive’s duties with the Parent Group or on the Executive’s own time, shall belong exclusively to the Company (or its designee), whether or not patent applications are filed thereon. The Executive will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by Parent, and the Executive will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive will assign to the member of the Parent Group designated by Parent the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s name or in the name of the member of the Parent Group designated by Parent, applications for patents and equivalent rights (the “Applications”). The Executive will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the Inventions. The Executive will also execute assignments to the member of the Parent Group designated by Parent of the Applications, and give the member of the Parent Group designated by Parent and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent Group’s benefit, all without additional compensation to the Executive from the Parent Group.

Appears in 6 contracts

Samples: Employment Agreement (Trinseo S.A.), Employment Agreement (Trinseo S.A.), Employment Agreement (Trinseo S.A.)

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Inventions. (i) The Executive Participant acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, products and developments or works of authorship (“Inventions”), whether patentable or unpatentable, (Ax) that relate to the ExecutiveParticipant’s work with the Parent GroupPartnership, made or conceived by the ExecutiveParticipant, solely or jointly with others, during the Employment Term, or (By) suggested by any work that the Executive Participant performs in connection with the Parent GroupPartnership, either while performing the ExecutiveParticipant’s duties with the Parent Group Partnership or on the ExecutiveParticipant’s own time, but only insofar as the Inventions are related to the Participant’s work as an employee or other service provider to the Partnership, shall belong exclusively to the Company Partnership (or its designee), whether or not patent applications are filed thereon. The Executive Participant will keep full and complete written records (the “Records”), in the manner prescribed by the Company, Partnership of all Inventions, Inventions and will promptly disclose all Inventions completely and in writing to the CompanyPartnership. The Records shall be the sole and exclusive property of the member of the Parent Group designated by Parent, Partnership and the Executive Participant will surrender them upon the termination of the Employment Term, or upon the CompanyPartnership’s request. The Executive Participant will assign to the member of the Parent Group designated by Parent Partnership the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the ExecutiveParticipant’s name or in the name of the member of the Parent Group designated by ParentPartnership (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive Participant will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company Partnership with respect to the Inventions. The Executive Participant will also execute assignments to the member of the Parent Group designated by Parent Partnership (or its designee), of the Applications, and give the member of the Parent Group designated by Parent Partnership and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent Group’s its benefit, all without additional compensation to the Executive Participant from the Parent GroupPartnership but entirely at the Partnership’s expense.

Appears in 4 contracts

Samples: Incentive Unit Grant Agreement (Sovos Brands, Inc.), Incentive Unit Grant Agreement (Sovos Brands, Inc.), Incentive Unit Grant Agreement (Sovos Brands, Inc.)

Inventions. (i) The Executive acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or developments, software, know-how, processes, techniques, works of authorship (“Inventions”)and other work product, whether patentable or unpatentable, (A) that are reduced to practice, created, invented, designed, developed, contributed to, or improved with the use of any Company resources and/or within the scope of the Executive’s duties to the Company or that relate to the Executive’s work with business, operations or actual or demonstrably anticipated research or development of the Parent GroupCompany, and that are made or conceived by the Executive, solely or jointly with others, during the Employment Term, ; or (B) suggested by any work that the Executive performs in connection with the Parent GroupCompany, either while performing the Executive’s duties with the Parent Group Company or on the Executive’s own time, shall will belong exclusively to the Company (or its designee), whether or not patent or other applications for intellectual property protection are filed thereonthereon (the “Inventions”). The Executive will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be are the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive will surrender them upon the termination of the Employment Termemployment, or upon the Company’s request. The Executive will assign irrevocably conveys, transfers and assigns to the member of the Parent Group designated by Parent Company the Inventions and all patents or other intellectual property rights that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all other acts as may be requested from time to time by the Company with respect to perfect, record, enforce, protect, patent or register the Company’s rights in the Inventions, all without additional compensation to the InventionsExecutive from the Company. The Executive will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent GroupCompany’s benefit, all without additional compensation to the Executive from the Parent Group.

Appears in 4 contracts

Samples: Employment Agreement (Vine Energy Inc.), Employment Agreement (Vine Energy Inc.), Employment Agreement (Vine Energy Inc.)

Inventions. (i) The Executive Employee acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or developments, software, know-how, processes, techniques, works of authorship (“Inventions”)and other work product, whether patentable or unpatentable, (A) that are reduced to practice, created, invented, designed, developed, contributed to, or improved with the use of any Company resources and/or within the scope of the Employee's work with the Company or that relate to the Executive’s work with business, operations or actual or demonstrably anticipated research or development of the Parent GroupCompany, and that are made or conceived by the ExecutiveEmployee, solely or jointly with others, during the Employment Term, or (B) suggested by any work that the Executive Employee performs in connection with the Parent GroupCompany, either while performing the Executive’s Employee's duties with the Parent Group Company or on the Executive’s Employee's own time, shall belong exclusively to the Company (or its designee), whether or not patent or other applications for intellectual property protection are filed thereonthereon (the "Inventions"). The Executive Employee will keep full and complete written records (the "Records"), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive Employee will surrender them upon the termination of the Employment Term, or upon the Company’s 's request. The Executive will assign Employee irrevocably conveys, transfers and assigns to the member of the Parent Group designated by Parent Company the Inventions and all patents or other intellectual property rights that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s Employee's name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the "Applications"). The Executive Employee will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all other acts as may be requested from time to time by the Company with respect to perfect, record, enforce, protect, patent or register the Company's rights in the Inventions, all without additional compensation to the InventionsEmployee from the Company. The Executive Employee will also execute assignments to the member Company (or its designee) of the Parent Group designated by Parent of the Applications, Applications and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent Group’s Company's benefit, all without additional compensation to the Executive Employee from the Parent GroupCompany, but entirely at the Company's expense.

Appears in 4 contracts

Samples: Employment Agreement (Dakota Gold Corp.), Employment Agreement (Dakota Gold Corp.), Employment Agreement (Dakota Gold Corp.)

Inventions. (i) The Executive acknowledges You acknowledge and agrees agree that all ideas, methods, inventions, discoveries, improvements, work products, products or developments or works of authorship (“Inventions”), whether patentable or unpatentable, (A) that relate to the Executive’s your work with the Parent GroupCompany, made or conceived by the Executiveyou, solely or jointly with others, during the Employment Term, or (B) suggested by any work that the Executive performs you perform in connection with the Parent GroupCompany, either while performing the Executive’s your duties with the Parent Group Company or on the Executive’s your own time, but only insofar as the Inventions are related to you work as an employee or other service provider to the Company, shall belong exclusively to the Company (or its designee), whether or not patent applications are filed thereon. The Executive You will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive you will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive You will assign to the member of the Parent Group designated by Parent Company the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s your name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive You will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the Inventions. The Executive You will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent Group’s its benefit, all without additional compensation to the Executive you from the Parent GroupCompany, but entirely at the Company’s expense.

Appears in 4 contracts

Samples: Cerecor Inc., Cerecor Inc., Cerecor Inc.

Inventions. (i) The Executive Employee acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or developments, software, know-how, processes, techniques, methods, works of authorship (“Inventions”)and other work product, whether patentable or unpatentable, (A) that relate are reduced to practice, created, invented, designed, developed, contributed to, or improved with the Executiveuse of any resources of the Company or any of its affiliates and/or within the scope of the Employee’s work with the Parent GroupCompany and its affiliates or that relate to the business, operations or actual or demonstrably anticipated research or development of the Company or any of its affiliates, and that are made or conceived by the ExecutiveEmployee, solely or jointly with others, during the Employment Termperiod of the Employee’s employment with the Company, or (B) suggested by any work that the Executive Employee performs in connection with the Parent GroupCompany or any of its affiliates, either while performing the ExecutiveEmployee’s duties with the Parent Group Company or any of its affiliates or on the ExecutiveEmployee’s own time, but only insofar as the Inventions are related to the Employee’s work as an employee or other service provider to the Company and its affiliates, shall belong exclusively to the Company (or its designee), whether or not patent or other applications for intellectual property protection are filed thereonthereon (the “Inventions”). The Executive Employee will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive Employee will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive Employee will assign to the member of the Parent Group designated by Parent Company (or its designee) the Inventions and all patents or other intellectual property rights that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the ExecutiveEmployee’s name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive Employee will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all other acts as may be requested from time to time by the Company with respect to perfect, record, enforce, protect, patent or register the Company’s rights in the Inventions, all without additional compensation to the InventionsEmployee from the Company or any of its affiliates. The Executive Employee will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including including, without limitation, the giving of testimony) to obtain the Inventions for the Parent GroupCompany’s (or its designee’s) benefit, all without additional compensation to the Executive Employee from the Parent GroupCompany or any of its affiliates, but entirely at the Company’s expense.

Appears in 3 contracts

Samples: Employment Agreement (Sow Good Inc.), Employment Agreement (Sow Good Inc.), Employment Agreement (Black Ridge Oil & Gas, Inc.)

Inventions. (i) The Executive acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or developments, software, know-how, processes, techniques, methods, works of authorship (“Inventions”)and other work product, whether patentable or unpatentable, (A) that relate are reduced to practice, created, invented, designed, developed, contributed to, or improved with the use of any Company Group resources and/or within the scope of the Executive’s work with the Parent Group, Company Group and that are made or conceived by the Executive, solely or jointly with others, during the Employment Termperiod of the Executive’s employment or service with the Company Group (or any of its predecessors in interest), whether before or after the Effective Date, or (B) suggested by any work that the Executive performs in connection with the Parent Company Group, either while performing the Executive’s duties with the Parent Company Group (or any of its predecessors in interest) or on the Executive’s own time, but only insofar as they are related to the Executive’s work as an employee or other service provider to the Company Group (or any of its predecessors in interest) (the “Inventions”), shall belong exclusively to the Company Group (or its designee), whether or not patent or other applications for intellectual property protection are filed thereon. The Executive will keep full and complete written records (the “Records”), in the manner prescribed by the CompanyCompany Group, of all Inventions, and will promptly disclose all Inventions completely and in writing to the CompanyCompany Group. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany Group, and the Executive will surrender them upon the termination of the Employment Term, or upon the CompanyCompany Group’s request. The Executive will assign hereby irrevocably conveys, transfers and assigns to the member of the Parent Company Group designated by Parent the Inventions and all patents or other intellectual property rights that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s name or in the name of the member of the Parent Company Group designated by Parent(or its designee), applications for patents and equivalent rights (the “Applications”). The Executive will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all other acts as may be reasonably requested from time to time by the Company with respect Group to perfect, record, enforce, protect, patent or register the Company Group’s rights in the Inventions, all without additional compensation to the InventionsExecutive from the Company Group. The Executive will also execute assignments to the member of the Parent Company Group designated by Parent (or its designee) of the Applications, and give the member of the Parent Company Group designated by Parent and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent Company Group’s benefit, all without additional compensation to the Executive from the Parent Company Group, but entirely at the Company Group’s expense.

Appears in 3 contracts

Samples: Employment Agreement (Solo Brands, Inc.), Employment Agreement (Solo Brands, Inc.), Employment Agreement (Solo Brands, Inc.)

Inventions. (i) The Executive acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or works of authorship authorship, in any such case, of a scientific nature (“Inventions”), whether patentable or unpatentable, (A) that relate to the Executive’s work with the Parent GroupCompany, made or conceived by the Executive, solely or jointly with others, during the Employment Term, or (B) suggested by any work that the Executive performs in connection with the Parent GroupCompany, either while performing the Executive’s duties with the Parent Group Company or on the Executive’s own time, shall belong exclusively to the Company (or its designee), whether or not patent applications are filed thereon. The Executive will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive will assign to the member of the Parent Group designated by Parent Company the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the Inventions. The Executive will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent GroupCompany’s benefit, all without additional compensation to the Executive from the Parent GroupCompany.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (Styron Canada ULC), Employment Agreement (Trinseo S.A.)

Inventions. (i) The Executive acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or works of authorship (“Inventions”)authorship, whether patentable or unpatentable, (A) that relate to the Executive’s work with the Parent Company Group, made or conceived by the Executive, solely or jointly with others, during the Employment TermExecutive’s employment, or (B) suggested by any work that the Executive performs in connection with the Parent GroupCompany Group (clauses (A) and (B) collectively, “Inventions”), either while performing the Executive’s duties with the Parent Group Company or on the Executive’s own time, shall belong exclusively to the Company (or its designee), regardless of whether or not patent applications are filed thereon. The Executive will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive will assign hereby irrevocably conveys, transfers and assigns to the member of the Parent Group designated by Parent Company the Inventions and all patents that may issue thereon in any and all countries, whether before, during or subsequent to the Employment Term, together with the right to file, in the Executive’s name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the Inventions. The Executive will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent GroupCompany’s benefit, all without additional compensation to the Executive from the Parent GroupCompany, but entirely at the Company’s expense. If the Company is unable for any other reason to secure Executive’s signature on any document for this purpose, then Executive hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as Executive’s agent and attorney in fact, to act for and on Executive’s behalf and in Executive’s stead to execute any documents and to do all other lawfully permitted acts in connection with the foregoing.

Appears in 3 contracts

Samples: Employment and Transition Agreement (Mr. Cooper Group Inc.), Employment Agreement (Mr. Cooper Group Inc.), Employment and Retention Agreement (Mr. Cooper Group Inc.)

Inventions. (i) The Executive Participant acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or works of authorship (“Inventions”), whether patentable or unpatentable, (A) that relate to the ExecutiveParticipant’s work with the Parent GroupCompany, made or conceived by the ExecutiveParticipant, solely or jointly with others, during the Employment TermParticipant’s employment, or (B) suggested by any work that the Executive Participant performs in connection with the Parent GroupCompany, either while performing the ExecutiveParticipant’s duties with the Parent Group Company or on the ExecutiveParticipant’s own time, shall belong exclusively to the Company (or its designee), whether or not patent applications are filed thereon. The Executive Participant will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive Participant will surrender them upon the termination of the Employment TermParticipant’s employment, or upon the Company’s request. The Executive will assign Participant hereby irrevocably conveys, transfers and assigns to the member of the Parent Group designated by Parent Company the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment TermParticipant’s employment, together with the right to file, in the ExecutiveParticipant’s name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive Participant will, at any time during and subsequent to the Employment TermParticipant’s employment, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the Inventions. The Executive Participant will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent GroupCompany’s benefit, all without additional compensation to the Executive Participant from the Parent GroupCompany, but entirely at the Company’s expense. If the Company is unable for any other reason to secure Participant’s signature on any document for this purpose, then Participant hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as Participant’s agent and attorney in fact, to act for and in Participant’s behalf and stead to execute any documents and to do all other lawfully permitted acts in connection with the foregoing.

Appears in 3 contracts

Samples: Stock Option Agreement (Gener8 Maritime, Inc.), Stock Option Agreement (Gener8 Maritime, Inc.), Stock Option Agreement (Gener8 Maritime, Inc.)

Inventions. (i) The Executive Employee acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or developments, software, know-how, processes, techniques, works of authorship (“Inventions”)and other work product, whether patentable or unpatentable, (A) that are reduced to practice, created, invented, designed, developed, contributed to, or improved with the use of any Company resources and/or within the scope of the Employee's work with the Company or that relate to the Executive’s work with business, operations or actual or demonstrably anticipated research or development of the Parent GroupCompany, and that are made or conceived by the ExecutiveEmployee, solely or jointly with others, during the Employment Term, or (B) suggested by any work that the Executive Employee performs in connection with the Parent GroupCompany, either while performing the Executive’s Employee's duties with the Parent Group Company or on the Executive’s Employee's own time, shall belong exclusively to the Company (or its designee), whether or not patent or other applications for intellectual property protection are filed thereonthereon (the "Inventions"). The Executive Employee will keep full and complete written records (the "Records"), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive Employee will surrender them upon the termination of the Employment Term, or upon the Company’s 's request. The Executive will assign Employee irrevocably conveys, transfers, quit-claim and assigns to the member of the Parent Group designated by Parent Company the Inventions and all patents or other intellectual property rights that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s Employee's name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the "Applications"). The Executive Employee will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all other acts as may be requested from time to time by the Company with respect to perfect, record, enforce, protect, patent or register the Company's rights in the Inventions, all without additional compensation to the InventionsEmployee from the Company. The Executive Employee will also execute assignments to the member Company (or its designee) of the Parent Group designated by Parent of the Applications, Applications and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent Group’s Company's benefit, all without additional compensation to the Executive Employee from the Parent GroupCompany, but entirely at the Company's expense.

Appears in 2 contracts

Samples: Employment Agreement (Dakota Gold Corp.), Employment Agreement (Dakota Gold Corp.)

Inventions. (i) The Executive acknowledges You acknowledge and agrees agree that all trade secrets, mask works, concepts, drawings, materials, documentation, procedures, diagrams, specifications, models, processes, formulae, source and object codes, data, programs, know-how, designs, techniques, ideas, methods, inventions, discoveries, improvements, work products, developments or other works of authorship (“Inventions”), whether patentable or unpatentable, (Ax) that relate to the Executive’s your work with the Parent GroupCompany, made made, developed or conceived by the Executiveyou, solely or jointly with othersothers or with the use of any of the Company’s equipment, during the Employment Termsupplies, facilities or trade secrets (By) suggested by any work that the Executive performs you perform in connection with the Parent GroupCompany, either while performing the Executive’s your duties with the Parent Group Company or on the Executive’s your own time, shall but only insofar as the Inventions are related to your work as an employee of the Company (collectively, “Company Inventions”), will belong exclusively to the Company (or its designee), whether or not patent applications are filed thereon. The Executive You will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Company Inventions, and will promptly disclose all Company Inventions completely and in writing to the Company. The Records shall will be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive you will surrender them upon the termination of the Employment Termyour employment, or upon the Company’s request. The Executive You will assign to the member of Company the Parent Group designated by Parent the Company Inventions including all rights in and all to any related patents and other intellectual property that may issue thereon in any and all countries, whether during or subsequent to the Employment Termterm of this Letter Agreement, together with the right to file, in the Executive’s your name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive You will, at any time during and subsequent to the Employment Termterm of this Letter Agreement, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the InventionsCompany Inventions and the underlying intellectual property. The Executive You will also execute assignments to the member of the Parent Group designated by Parent ‘Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Company Inventions and the underlying intellectual property for the Parent Group’s its benefit, all without additional compensation to the Executive you from the Parent GroupCompany, but entirely at the Company’s expense.

Appears in 2 contracts

Samples: Letter Agreement (OptiNose, Inc.), Letter Agreement (OptiNose, Inc.)

Inventions. (i) The Executive acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or works of authorship (“Inventions”), whether patentable or unpatentable, (A) that relate to the Executive’s work with the Parent Company Group, made or conceived by the Executive, solely or jointly with others, during the Employment Term, or (B) suggested by any work that the Executive performs in connection with the Parent Company Group, either while performing the Executive’s duties with the Parent Company Group or on the Executive’s own time, shall belong exclusively to the Company Group (or its designee), whether or not patent applications are filed thereon. The Executive will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive will assign hereby irrevocably conveys, transfers and assigns to the member of the Parent Group designated by Parent Company the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the Inventions. The Executive will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent GroupCompany’s benefit, all without additional compensation to the Executive from the Parent GroupCompany, but entirely at the Company’s expense. If the Company is unable for any other reason to secure Executive’s signature on any document for this purpose, then Executive hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as Executive’s agent and attorney in fact, to act for and in Executive’s behalf and stead to execute any documents and to do all other lawfully permitted acts in connection with the foregoing.

Appears in 2 contracts

Samples: Employment Agreement (Genesis Park Acquisition Corp.), Employment Agreement (Genesis Park Acquisition Corp.)

Inventions. (i) The Executive i)The Participant acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, products and developments or works of authorship (“Inventions”), whether patentable or unpatentable, (Ax) that relate to the ExecutiveParticipant’s work with the Parent GroupPartnership, made or conceived by the ExecutiveParticipant, solely or jointly with others, during the Employment Term, or (By) suggested by any work that the Executive Participant performs in connection with the Parent GroupPartnership, either while performing the ExecutiveParticipant’s duties with the Parent Group Partnership or on the ExecutiveParticipant’s own time, but only insofar as the Inventions are related to the Participant’s work as an employee or other service provider to the Partnership, shall belong exclusively to the Company Partnership (or its designee), whether or not patent applications are filed thereon. The Executive Participant will keep full and complete written records (the “Records”), in the manner prescribed by the Company, Partnership of all Inventions, Inventions and will promptly disclose all Inventions completely and in writing to the CompanyPartnership. The Records shall be the sole and exclusive property of the member of the Parent Group designated by Parent, Partnership and the Executive Participant will surrender them upon the termination of the Employment Term, or upon the CompanyPartnership’s request. The Executive Participant will assign to the member of the Parent Group designated by Parent Partnership the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the ExecutiveParticipant’s name or in the name of the member of the Parent Group designated by ParentPartnership (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive Participant will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company Partnership with respect to the Inventions. The Executive Participant will also execute assignments to the member of the Parent Group designated by Parent Partnership (or its designee), of the Applications, and give the member of the Parent Group designated by Parent Partnership and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent Group’s its benefit, all without additional compensation to the Executive Participant from the Parent GroupPartnership but entirely at the Partnership’s expense.

Appears in 2 contracts

Samples: Incentive Unit Grant Agreement (Sovos Brands, Inc.), Incentive Unit Grant Agreement (Sovos Brands, Inc.)

Inventions. (i) The i)The Executive acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or works of authorship (“Inventions”), whether patentable or unpatentable, (A) that relate to the Executive’s work with the Parent Group, made or conceived by the Executive, solely or jointly with others, during the Employment Term, or (B) suggested by any work that the Executive performs in connection with the Parent Group, either while performing the Executive’s duties with the Parent Group or on the Executive’s own time, shall belong exclusively to the Company (or its designee), whether or not patent applications are filed thereon. The Executive will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentXxxxxx, and the Executive will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive will assign to the member of the Parent Group designated by Parent the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s name or in the name of the member of the Parent Group designated by Parent, applications for patents and equivalent rights (the “Applications”). The Executive will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the Inventions. The Executive will also execute assignments to the member of the Parent Group designated by Parent of the Applications, and give the member of the Parent Group designated by Parent and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent Group’s benefit, all without additional compensation to the Executive from the Parent Group.

Appears in 1 contract

Samples: Employment Agreement (Trinseo PLC)

Inventions. (i) The Executive acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or works of authorship (“Inventions”), whether patentable or unpatentable, (A) that directly relate to the Executive’s work with the Parent GroupCompany, made or conceived by the Executive, solely or jointly with others, during the Employment Term, or (B) suggested by any work that the Executive performs in connection with his employment at the Parent GroupCompany, either during normal working hours while performing the Executive’s duties with the Parent Group Company or on the Executive’s own time, shall belong exclusively to the Company (or its designee), whether or not patent applications are filed thereonthereon unless, in the case of Section 7(e)(i)(B), it also directly relates to any work done on Executive’s own time in connection with his employment by any of the entities listed in Section 1(b)(iv) through (viii). The Executive will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive will assign hereby irrevocably conveys, transfers and assigns to the member of the Parent Group designated by Parent Company the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the Inventions. The Executive will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent GroupCompany’s benefit, all without additional compensation to the Executive from the Parent GroupCompany, but entirely at the Company’s expense.

Appears in 1 contract

Samples: Employment Agreement (Gener8 Maritime, Inc.)

Inventions. (i) The Executive acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or works of authorship (“Inventions”)authorship, whether patentable or unpatentable, (A) that relate to the Executive’s work with the Parent Group, Company Group or are made or conceived by the Executive, solely or jointly with others, during the Employment Term, term of Executive’s employment or (B) suggested by any work that the Executive performs in connection with the Parent Company Group, either while performing the Executive’s duties with the Parent Company Group or on the Executive’s own timetime (collectively, “Inventions”) shall belong exclusively to the Company (or its designee), whether or not patent applications are filed thereon. The Executive will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive will surrender them upon the termination of the Employment TermExecutive’s employment, or upon the Company’s request. The Executive will assign hereby irrevocably conveys, transfers and assigns to the member of the Parent Group designated by Parent Company the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment Termterm of Executive’s employment, together with the right to file, in the Executive’s name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive will, at any time during and subsequent to the Employment Termterm of Executive’s employment, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the Inventions. The Executive will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent GroupCompany’s benefit, all without additional compensation to the Executive from the Parent GroupCompany, but entirely at the Company’s expense. If the Company is unable for any other reason to secure Executive’s signature on any document for this purpose, then Executive hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as Executive’s agent and attorney in fact, to act for and in Executive’s behalf and stead to execute any documents and to do all other lawfully permitted acts in connection with the foregoing.

Appears in 1 contract

Samples: Management Equity Agreement (Ensemble Health Partners, Inc.)

Inventions. (i) The Executive acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or works of authorship (“Inventions”), whether patentable or unpatentable, (A) that relate to the Executive’s work with the Parent Group, made or conceived by the Executive, solely or jointly with others, during the Employment Term, or (B) suggested by any work that the Executive performs in connection with the Parent Group, either while performing the Executive’s duties with the Parent Group or on the Executive’s own time, shall belong exclusively to the Company (or its designee), whether or not patent applications are filed thereon. The Executive will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by Parent, and the Executive will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive will assign to the member of the Parent Group designated by Parent the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s name or in the name of the member of the Parent Group designated by Parent, applications for patents and equivalent rights (the “Applications”). The Executive will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the Inventions. The Executive will also execute assignments to the member of the Parent Group designated by Parent of the Applications, and give the member of the Parent Group designated by Parent and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent Group’s benefit, all without additional compensation to the Executive from the Parent Group.

Appears in 1 contract

Samples: Employment Agreement (Trinseo S.A.)

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Inventions. (i) The Executive Employee acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or developments, software, know-how, processes, techniques, methods, works of authorship (“Inventions”)and other work product, whether patentable or unpatentable, (A) that relate are reduced to practice, created, invented, designed, developed, contributed to, or improved with the Executiveuse of any Company resources and/or within the scope of the Employee’s work with the Parent GroupCompany or that relate to the business, operations or actual or demonstrably anticipated research or development of the Company, and that are made or conceived by the ExecutiveEmployee, solely or jointly with others, during the Employment Term, or (B) suggested by any work that the Executive Employee performs in connection with the Parent GroupCompany, either while performing the ExecutiveEmployee’s duties with the Parent Group Company or on the ExecutiveEmployee’s own time, shall belong exclusively to the Company (or its designee), whether or not patent or other applications for intellectual property protection are filed thereonthereon (the “Inventions”). The Executive Employee will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive Employee will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive will assign Employee irrevocably conveys, transfers and assigns to the member of the Parent Group designated by Parent Company the Inventions and all patents or other intellectual property rights that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the ExecutiveEmployee’s name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive Employee will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all other acts as may be requested from time to time by the Company with respect to perfect, record, enforce, protect, patent or register the Company’s rights in the Inventions, all without additional compensation to the InventionsEmployee from the Company. The Executive Employee will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent GroupCompany’s benefit, all without additional compensation to the Executive Employee from the Parent GroupCompany.

Appears in 1 contract

Samples: Employment Agreement (Jones Energy, Inc.)

Inventions. (i) The Executive acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or works of authorship (“Inventions”)authorship, whether patentable or unpatentable, (A) that relate to the Executive’s work with the Parent GroupCompany, made or conceived by the Executive, solely or jointly with others, during or prior to the Employment Term, or (B) suggested by any work that the Executive performs in connection with the Parent GroupCompany (clause (A) and (B) collectively, “Inventions”), either while performing the Executive’s duties with the Parent Group Company or on the Executive’s own time, shall belong exclusively to the Company (or its designee), regardless of whether or not patent applications are filed thereon. The Executive will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive will surrender them upon the termination of the Employment Term, Term or upon the Company’s request. The Executive will assign hereby irrevocably conveys, transfers and assigns to the member of the Parent Group designated by Parent Company the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the InventionsInventions at the Company’s expense. The Executive will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent GroupCompany’s benefit, all without additional compensation to the Executive from the Parent GroupCompany, but entirely at the Company’s expense. If the Company is unable for any other reason to secure the Executive’s signature on any document for this purpose, then the Executive hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as the Executive’s agent and attorney in fact, to act for and on the Executive’s behalf and in the Executive’s stead to execute any documents and to do all other lawfully permitted acts in connection with the foregoing.

Appears in 1 contract

Samples: Employment Agreement (IES Holdings, Inc.)

Inventions. (i) The Executive Employee acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or developments, software, know-how, processes, techniques, works of authorship (“Inventions”)and other work product, whether patentable or unpatentable, : (A) that relate are reduced to practice, created, invented, designed, developed, contributed to, or improved with the Executiveuse of any Company resources and/or within the scope of the Employee’s work with the Parent GroupCompany or that relate to the business, operations or actual or demonstrably anticipated research or development of the Company, and that are made or conceived by the ExecutiveEmployee, solely or jointly with others, during the Employment Term, or (B) suggested by any work that the Executive Employee performs in connection with the Parent GroupCompany, either while performing the ExecutiveEmployee’s duties with the Parent Group Company or on the ExecutiveEmployee’s own time, shall belong exclusively to the Company (or its designee), whether or not patent or other applications for intellectual property protection are filed thereonthereon (the “Inventions”). The Executive Employee will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive Employee will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive will assign Employee irrevocably conveys, transfers and assigns to the member of the Parent Group designated by Parent Company the Inventions and all patents or other intellectual property rights that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the ExecutiveEmployee’s name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive Employee will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all other acts as may be requested from time to time by the Company with respect to perfect, record, enforce, protect, patent or register the Company’s rights in the Inventions, all without additional compensation to the InventionsEmployee from the Company. The Executive Employee will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent GroupCompany’s benefit, all without additional compensation to the Executive Employee from the Parent GroupCompany, but entirely at the Company’s expense.

Appears in 1 contract

Samples: Employment Agreement (Rti Surgical, Inc.)

Inventions. (i) The Executive acknowledges and agrees that all ideas, designs, methods, inventions, discoveries, improvements, work productsdevelopments, developments or technology, works of authorship (“Inventions”)authorship, and all work product of any kind or nature whatsoever, whether patentable or unpatentable, (A) that relate to the business, products, activities, research, or development of the Company or Executive’s 's work with the Parent GroupCompany, made or conceived or developed by the Executive, solely or jointly with others, during the Employment Term, or (B) suggested by that arise from any work that the Executive performs in connection with the Parent GroupCompany, either while performing the Executive’s 's duties with the Parent Group Company or on the Executive’s 's own time, and all rights therein including without limitation in claims related thereto (all of the foregoing “Inventions”) shall belong exclusively to the Company (or its designee), whether or not patent applications are filed thereon. The Executive will keep full hereby irrevocably conveys, transfers and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing assigns to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by Parent, and the Executive will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive will assign to the member of the Parent Group designated by Parent Company the Inventions and all patents intellectual property, proprietary, and other rights therein, including without limitation all rights in and to any patents, copyright registrations, trademark registrations, or other forms of protection that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s 's name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent other rights and registrations (the “Applications”). The Executive will, at the Company's sole cost and expense and at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the InventionsInventions including without limitation to the perfection, registration, maintenance, or enforcement of any rights therein. The Executive will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions and all intellectual property, proprietary, and other rights therein for the Parent Group’s Company's benefit, all without additional compensation to the Executive from the Parent GroupCompany, but entirely at the Company's expense. Executive hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as Executive's agent and attorney in fact, to act for and in Executive's behalf and stead to execute any documents and to do all other lawfully permitted acts in connection with the foregoing, if the Company is unable for any other reason to secure Executive's signature on any document for this purpose.

Appears in 1 contract

Samples: Employment Agreement (Holley Inc.)

Inventions. (i) The Executive acknowledges You acknowledge and agrees agree that all ideas, methods, inventions, discoveries, improvements, work products, products or developments or works of authorship (“Inventions”), whether patentable or unpatentable, (A) that relate to the Executive’s your work with the Parent GroupCompany, made or conceived by the Executiveyou, solely or jointly with others, during the Employment Term, or (B) suggested by any work that the Executive performs you perform in connection with the Parent GroupCompany, either while performing the Executive’s your duties with the Parent Group Company or on the Executive’s your own time, but only insofar as the Inventions are related to your work as an employee or other service provider to the Company, shall belong exclusively to the Company (or its designee), whether or not patent applications are filed thereon. The Executive You will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive you will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive You will assign to the member of the Parent Group designated by Parent Company the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s your name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive You will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the Inventions. The Executive You will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent Group’s its benefit, all without additional compensation to the Executive you from the Parent GroupCompany, but entirely at the Company’s expense.

Appears in 1 contract

Samples: Cerecor Inc.

Inventions. (i) The Executive acknowledges i)You acknowledge and agrees agree that all trade secrets, works, concepts, drawings, materials, documentation, procedures, diagrams, specifications, models, processes, formulae, data, programs, knowhow, designs, techniques, ideas, methods, inventions, discoveries, improvements, work products, products or developments or other works of authorship (“Inventions”), whether patentable or unpatentable, (Ax) that relate to the Executive’s your Xx. Xxxxxxx September 1, 2020 work with the Parent Company or any other member of the Novocure Group, made made, developed or conceived by the Executiveyou, solely or jointly with othersothers or with the use of any of the Novocure Group’s equipment, during the Employment Termsupplies, facilities or trade secrets or (By) suggested by any work that the Executive performs you perform in connection with the Parent Novocure Group, either while performing the Executive’s your duties with the Parent Novocure Group or on the Executive’s your own time, shall but only insofar as the Inventions are related to your work as an employee of the Company or the Novocure Group, will belong exclusively to the Company (or its designeedesignee and assigns, including without limitation the Parent), whether or not patent applications are filed thereon. The Executive You will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall will be the sole and exclusive property of the member of Company (or its designee and assigns, including without limitation the Parent Group designated by Parent), and the Executive you will surrender them upon the termination of the Employment Termyour employment, or upon the Company’s request. The Executive will You do hereby assign to the member of Company (and its designees and assigns) the Parent Group designated by Parent the Inventions Inventions, including all rights in and all to patents and other intellectual property rights that may issue thereon in any and all countries, whether during or subsequent to the Employment Termterm of this Agreement, together with the right to file, in the Executive’s your name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive You will, at any time during and subsequent to the Employment Termterm of this Agreement, make such applicationsApplications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the InventionsInventions and the underlying intellectual property. The Executive You will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee or assigns) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions and the underlying intellectual property for the Parent Group’s its benefit, all without additional compensation to the Executive you from the Parent GroupCompany, but entirely at the Company’s expense.

Appears in 1 contract

Samples: Release Agreement (NovoCure LTD)

Inventions. (i) The Executive acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or works of authorship (“Inventions”), whether patentable or unpatentable, (A) that relate to the Executive’s work with the Parent GroupCompany or any of its affiliates, made or conceived by the Executive, solely or jointly with others, during the Employment Term, or (B) suggested by any work that the Executive performs in connection with the Parent GroupCompany or its affiliates, either while performing the Executive’s duties with the Parent Group Company or its affiliates or on the Executive’s own time, shall belong exclusively to the Company (or its designee), whether or not patent applications are filed thereon. The Executive will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive will assign hereby irrevocably conveys, transfers and assigns to the member of the Parent Group designated by Parent Company the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company Company, at the Company’s sole cost and expense, with respect to the Inventions. The Executive will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent GroupCompany’s benefit, all without additional compensation to the Executive from the Parent GroupCompany, but entirely at the Company’s expense. Notwithstanding the foregoing, if Executive is required to provide testimony, Executive shall be reimbursed for all reasonable and documented out-of-pocket costs and expenses incurred by Executive in connection with travel to and from such testimony in accordance with the Company’s expense reimbursement policy and, if required to provide testimony after the Employment Term, reasonably compensated for his time during such travel and testimony. If the Company is unable for any other reason to secure Executive’s signature on any document for this purpose, then Executive hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as Executive’s agent and attorney in fact, to act for and in Executive’s behalf and stead to execute any documents and to do all other lawfully permitted acts in connection with the foregoing.

Appears in 1 contract

Samples: Employment Agreement (BigBear.ai Holdings, Inc.)

Inventions. (i) The Executive acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or works of authorship (“Inventions”), whether patentable or unpatentable, (A) that relate to the Executive’s work with the Company, Parent Groupand any Affiliate, made or conceived by the Executive, solely or jointly with others, during the Employment Term, or (B) suggested by any work that the Executive performs in connection with the Company, Parent Groupor any Affiliate, either while performing the Executive’s duties with the Parent Group Company or on the Executive’s own time, shall belong exclusively to the Company (or its designee), whether or not patent applications are filed thereon. The Executive will keep full and complete written records (the “Records”), in the manner prescribed by the Company, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive will assign to the member of the Parent Group designated by Parent Company (or its designee) the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the Inventions. The Executive will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent GroupCompany’s benefit, all without additional compensation to the Executive from the Parent GroupCompany.

Appears in 1 contract

Samples: Employment Agreement (Trinseo S.A.)

Inventions. (i) The Executive acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, products and developments or works of authorship (“Inventions”), whether patentable or unpatentable, (Ax) that relate to the Executive’s work with the Parent GroupCompany, made or conceived by the Executive, solely or jointly with others, during the Employment Term, or (By) suggested by any work that the Executive performs in connection with the Parent GroupCompany, either while performing the Executive’s duties with the Parent Group Company or on the Executive’s own time, but only insofar as the Inventions are related to the Executive’s work as an employee or other service provider to the Company, shall belong exclusively to the Company (or its designee), whether or not patent applications are filed thereon. The Executive will keep full and complete written records (the “Records”), in the manner prescribed by the Company, Company of all Inventions, Inventions and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by Parent, Company and the Executive will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive will assign to the member of the Parent Group designated by Parent Company the Inventions and all patents that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as may be requested from time to time by the Company with respect to the Inventions. The Executive will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee), of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent Group’s its benefit, all without additional compensation to the Executive from the Parent GroupCompany but entirely at the Company’s expense.

Appears in 1 contract

Samples: Employment Agreement (Sovos Brands, Inc.)

Inventions. (i) The Executive Employee acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or developments, software, know-how, processes, techniques, works of authorship (“Inventions”)and other work product, whether patentable or unpatentable, : (A) that relate are reduced to practice, created, invented, designed, developed, contributed to, or improved with the Executiveuse of any Company resources and/or within the scope of the Employee’s work with the Parent GroupCompany or that relate to the business, operations or actual or demonstrably anticipated research or development of the Company, and that are made or conceived by the ExecutiveEmployee, solely or jointly with others, during the Employment Term, or (B) suggested by any work that the Executive Employee performs in connection with the Parent GroupCompany, either while performing the ExecutiveEmployee’s duties with the Parent Group Company or on the ExecutiveEmployee’s own time, shall belong exclusively to the Company (or its designee), whether or not patent or other applications for intellectual property protection are filed thereonthereon (the “Inventions”). The Executive Employee will keep full and complete written records (the “Records”), in the manner prescribed by the CompanyCompany in writing, of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany, and the Executive Employee will surrender them upon the termination of the Employment Term, or upon the Company’s request. The Executive will assign Employee irrevocably conveys, transfers and assigns to the member of the Parent Group designated by Parent Company the Inventions and all patents or other intellectual property rights that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the ExecutiveEmployee’s name or in the name of the member of the Parent Group designated by ParentCompany (or its designee), applications for patents and equivalent rights (the “Applications”). The Executive Employee will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all other acts as may be reasonably requested from time to time by the Company with respect in writing to perfect, record, enforce, protect, patent or register the Company’s rights in the Inventions, all without additional compensation to the InventionsEmployee from the Company. The Executive Employee will also execute assignments to the member of the Parent Group designated by Parent Company (or its designee) of the Applications, and give the member of the Parent Group designated by Parent Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent GroupCompany’s benefit, all without additional compensation to the Executive Employee from the Parent GroupCompany, but entirely at the Company’s expense.

Appears in 1 contract

Samples: Employment Agreement (Surgalign Holdings, Inc.)

Inventions. (i) The Executive acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements, work products, developments or developments, software, know-how, processes, techniques, methods, works of authorship (“Inventions”)and other work product, whether patentable or unpatentable, (A) that relate are reduced to practice, created, invented, designed, developed, contributed to, or improved with the use of any Company Group resources and/or within the scope of the Executive’s work with the Parent Group, Company Group and that are made or conceived by the Executive, solely or jointly with others, during the Employment Termperiod of the Executive’s employment or service with the Company Group (or any of its predecessors in interest), whether before or after the Effective Date, or (B) suggested by any work that the Executive performs in connection with the Parent GroupCompany Group (or any of its predecessors in interest), either while performing the Executive’s duties with the Parent Company Group (or any of its predecessors in interest) or on the Executive’s own time, but only insofar as the Inventions are related to the Executive’s work as an employee or other service provider to the Company Group (or any of its predecessors in interest), shall belong exclusively to the Company Group (or its designee), whether or not patent or other applications for intellectual property protection are filed thereonthereon (the “Inventions”). The Executive will keep full and complete written records (the “Records”), in the manner prescribed by the CompanyCompany Group, of all Inventions, and will promptly disclose all Inventions completely and in writing to the CompanyCompany Group. The Records shall be the sole and exclusive property of the member of the Parent Group designated by ParentCompany Group, and the Executive will surrender them upon the termination of the Employment Term, or upon the CompanyCompany Group’s request. The Executive will assign to the member of the Parent Company Group designated by Parent the Inventions and all patents or other intellectual property rights that may issue thereon in any and all countries, whether during or subsequent to the Employment Term, together with the right to file, in the Executive’s name or in the name of the member of the Parent Company Group designated by Parent(or its designee), applications for patents and equivalent rights (the “Applications”). The Executive will, at any time during and subsequent to the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all other acts as may be reasonably requested from time to time by the Company with respect Group to perfect, record, enforce, protect, patent or register the Company Group’s rights in the Inventions, all without additional compensation to the InventionsExecutive from the Company Group. The Executive will also execute assignments to the member of the Parent Company Group designated by Parent (or its designee) of the Applications, and give the member of the Parent Company Group designated by Parent and its attorneys all reasonable assistance (including the giving of testimony) to obtain the Inventions for the Parent Company Group’s benefit, all without additional compensation to the Executive from the Parent Company Group, but entirely at the Company Group’s expense.

Appears in 1 contract

Samples: Employment Agreement (Leslie's, Inc.)

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