Common use of Assignment of Intellectual Property Rights Clause in Contracts

Assignment of Intellectual Property Rights. Executive agrees to assign to the Company any and all intellectual property rights including patents, trademarks, copyrights and business plans or systems developed, authored or conceived by Executive, whether alone or jointly, while employed by and relating to the business of the ▇▇▇▇▇▇ Entities. Executive agrees to cooperate with the Company to perfect ownership rights thereof in the Company. This agreement does not apply to an invention for which no equipment, supplies, facility or Confidential Information was used and which was developed entirely on Executive’s own time, unless: (1) the invention relates to the business of the ▇▇▇▇▇▇ Entities or to actual or anticipated research or development of the ▇▇▇▇▇▇ Entities; or (2) the invention results from any work performed by Executive for the ▇▇▇▇▇▇ Entities.

Appears in 12 contracts

Sources: Employment Agreement (Lawson Products Inc/New/De/), Change in Control Agreement (Lawson Products Inc/New/De/), Employment Agreement (Lawson Products Inc/New/De/)

Assignment of Intellectual Property Rights. Executive agrees to assign to the Company any and all intellectual property rights including patents, trademarks, copyrights and copyright arid business plans or systems developed, authored or conceived by Executive, whether alone or jointly, while employed by and relating to the business of the ▇▇▇▇▇▇ Entities. Executive agrees to cooperate with the Company to perfect ownership rights thereof in the Company. This agreement does not apply to an invention for which no equipment, supplies, facility or Confidential Information was used and which was developed entirely on Executive’s own time, unless: (1) the invention relates to the business of the ▇▇▇▇▇▇ Entities or to actual or anticipated research or development of the ▇▇▇▇▇▇ Entities; or (2) the invention results from any work performed by Executive for the ▇▇▇▇▇▇ Entities.

Appears in 2 contracts

Sources: Employment Agreement (Lawson Products Inc/New/De/), Employment Agreement (Lawson Products Inc/New/De/)

Assignment of Intellectual Property Rights. The Executive agrees to assign to the Company any and all intellectual property rights including patents, trademarks, copyrights and copyright arid business plans or systems developed, authored or conceived by the Executive, whether alone or jointly, while employed by and relating to the business of the ▇▇▇▇▇▇ EntitiesCompany. The Executive agrees to cooperate with the Company to perfect ownership rights thereof in the Company. This agreement does not apply to an invention for which no equipment, supplies, facility or Confidential Information of Company was used used1 and which was developed entirely on Executive’s the Executive1s own time, unless: : (1) the invention relates to the business of the ▇▇▇▇▇▇ Entities Company or to actual or anticipated research or development of the ▇▇▇▇▇▇ EntitiesCompany; or (2) the invention results from any work performed by the Executive for the ▇▇▇▇▇▇ EntitiesCompany.

Appears in 1 contract

Sources: Employment Agreement (Lawson Products Inc/New/De/)

Assignment of Intellectual Property Rights. Executive agrees to assign to the Company any and all intellectual property rights including patents, trademarks, copyrights and business plans or systems developed, authored or conceived by Executive, whether alone or jointly, while employed by and relating to the business of the ▇▇▇▇▇▇ Company Entities. Executive agrees to cooperate with the Company to perfect ownership rights thereof in the Company. This agreement does not apply to an invention for which no equipment, supplies, facility or Confidential Information was used and which was developed entirely on Executive’s own time, unless: (1) the invention relates to the business of the ▇▇▇▇▇▇ Company Entities or to actual or anticipated research or development of the ▇▇▇▇▇▇ Company Entities; or (2) the invention results from any work performed by Executive for the ▇▇▇▇▇▇ Company Entities.

Appears in 1 contract

Sources: Severance Agreement (Snyder's-Lance, Inc.)

Assignment of Intellectual Property Rights. Executive agrees to assign to the Company any and all intellectual property rights including patents, trademarks, copyrights and copyright arid business plans or systems developed, authored or conceived by Executive, whether alone or jointly, while employed by and relating to the business of the ▇▇▇▇▇▇ Entities. Executive agrees to cooperate with the Company to perfect ownership rights thereof in the Company. This agreement does not apply to an invention for which no equipment, supplies, facility or Confidential Information was used and which was developed entirely on Executive’s own time, unless: (1I) the invention relates to the business of the ▇▇▇▇▇▇ Entities or to actual or anticipated research or development of the ▇▇▇▇▇▇ Entities; or (2) the invention results from any work performed by Executive for the ▇▇▇▇▇▇ Entities.

Appears in 1 contract

Sources: Employment Agreement (Lawson Products Inc/New/De/)