Common use of Agreements with Employees and Contractors Clause in Contracts

Agreements with Employees and Contractors. The Borrower has entered into a legally enforceable agreement with, or, through its employee handbook, given written notice to, each of its employees and subcontractors that provides that each such Person is obligated to assign to the Borrower, without any additional compensation, any Intellectual Property Rights created, discovered or invented by such Person in the course of such Person’s employment or engagement with the Borrower (except to the extent prohibited by law), and further requiring such Person to cooperate with the Borrower, without any additional compensation, in connection with securing and enforcing any Intellectual Property Rights therein; provided, however, that the foregoing shall not apply with respect to employees and subcontractors whose job descriptions are of the type such that no such assignments are reasonably foreseeable.

Appears in 1 contract

Samples: Credit and Security Agreement (Ciber Inc)

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Agreements with Employees and Contractors. The As reasonably determined by the Borrower to be necessary in its business, the Borrower has entered into a legally enforceable agreement with, or, through its employee handbook, given written notice to, each of its agreements with such employees and subcontractors that provides that obligating each such Person is obligated to assign to the Borrower, without any additional compensation, any Intellectual Property Rights created, discovered or invented by such Person in the course of such Person’s employment or engagement with the Borrower (except to the extent prohibited by law), and further requiring such Person to cooperate with the Borrower, without any additional compensation, in connection with securing and enforcing any Intellectual Property Rights therein; provided, however, that the foregoing shall not apply with respect to employees and subcontractors whose job descriptions are of the type such that no such assignments are reasonably foreseeable.

Appears in 1 contract

Samples: Credit and Security Agreement (Orion Energy Systems, Inc.)

Agreements with Employees and Contractors. The Each of the Borrower and its Subsidiaries has entered into a legally enforceable agreement with, or, through its employee handbook, given written notice to, with each of its employees and subcontractors that provides that obligating each such Person is obligated to assign to the BorrowerBorrower or such Subsidiaries, without any additional compensation, any Intellectual Property Rights created, discovered or invented by such Person in the course of such Person’s employment or engagement with the Borrower (except to the extent prohibited by law), and further requiring such Person to cooperate with the BorrowerBorrower or such Subsidiaries, without any additional compensation, in connection with securing and enforcing any Intellectual Property Rights therein; provided, however, that the foregoing shall not apply with respect to employees and subcontractors whose job descriptions are of the type such that no such assignments are reasonably foreseeable.

Appears in 1 contract

Samples: Loan Agreement (Gametech International Inc)

Agreements with Employees and Contractors. The Borrower has entered into a legally enforceable agreement with, or, through its employee handbook, given written notice to, with each of its employees and subcontractors that provides that obligating each such Person is obligated to assign to the Borrower, without any additional compensation, any Intellectual Property Rights created, discovered or invented by such Person in the course of such Person’s 's employment or engagement with the Borrower (except to the extent prohibited by law), and further requiring such Person to cooperate with the Borrower, without any additional compensation, in connection with securing and enforcing any Intellectual Property Rights therein; providedPROVIDED, howeverHOWEVER, that the foregoing shall not apply with respect to employees and subcontractors whose job descriptions are of the type such that no such assignments are reasonably foreseeable.

Appears in 1 contract

Samples: Credit and Security Agreement (Kitty Hawk Inc)

Agreements with Employees and Contractors. The Borrower has entered into a legally enforceable agreement with, or, through its (contained in Borrower’s employee handbook, given written notice to, ) with each of its employees and subcontractors that provides that obligating each such Person is obligated to assign to the Borrower, without any additional compensation, any Intellectual Property Rights created, discovered or invented by such Person in the course of such Person’s employment or engagement with the Borrower (except to the extent prohibited by law), and further requiring such Person to cooperate with the Borrower, without any additional compensation, in connection with securing and enforcing any Intellectual Property Rights therein; provided, however, that the foregoing shall not apply with respect to employees and subcontractors whose job descriptions are of the type such that no such assignments are reasonably foreseeable.

Appears in 1 contract

Samples: Credit and Security Agreement (Corsair Components, Inc.)

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Agreements with Employees and Contractors. The Borrower and each Subsidiary has entered into a legally enforceable agreement with, or, through its employee handbook, given written notice to, with each of its employees and subcontractors that provides that who are engaged in research and development activities obligating each such Person is obligated to assign to the BorrowerBorrower or such Subsidiary, without any additional compensation, any Intellectual Property Rights created, discovered or invented by such Person in the course of such Person’s employment or engagement with the Borrower or such Subsidiary (except to the extent prohibited by law), and further requiring such Person to cooperate with the BorrowerBorrower or such Subsidiary, without any additional compensation, in connection with securing and enforcing any Intellectual Property Rights therein; provided, however, that the foregoing shall not apply with respect to employees and subcontractors whose job descriptions are of the type such that no such assignments are reasonably foreseeable.

Appears in 1 contract

Samples: Credit and Security Agreement (Delphax Technologies Inc)

Agreements with Employees and Contractors. The To the best of each Borrower’s knowledge, after reasonable inquiry, each Borrower has entered into a legally enforceable agreement with, or, through its employee handbook, given written notice to, with each of its employees and subcontractors that provides that obligating each such Person is obligated to assign to the such Borrower, without any additional compensation, any Intellectual Property Rights created, discovered or invented by such Person in the course of such Person’s employment or engagement with the such Borrower (except to the extent prohibited by law), and further requiring such Person to cooperate with the such Borrower, without any additional compensation, in connection with securing and enforcing any Intellectual Property Rights therein; provided, however, that the foregoing shall not apply with respect to employees and subcontractors whose job descriptions are of the type such that no such assignments are reasonably foreseeable.

Appears in 1 contract

Samples: Credit and Security Agreement (Smtek International Inc)

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