Common use of Assignment of Inventions to Company; Exemption of Certain Inventions Clause in Contracts

Assignment of Inventions to Company; Exemption of Certain Inventions. Executive hereby assigns to the Company, without royalty or any other further consideration, Executive’s entire right, title and interest in and to all Inventions which Executive conceives, makes, develops or works on during employment, except those Inventions that Executive develops entirely on Executive’s own time after the date of this Agreement without using the Company’s equipment, supplies, facilities or trade secret information unless those Inventions either (a) relate at the time of conception or reduction to practice of the Invention to the Company’s business, or actual or demonstrably anticipated research or development of the Company; or (b) result from any work performed by Executive for the Company.

Appears in 2 contracts

Samples: Employment Agreement (Majesco Entertainment Co), Employment Agreement (Majesco Entertainment Co)

AutoNDA by SimpleDocs

Assignment of Inventions to Company; Exemption of Certain Inventions. Executive hereby assigns to the Company, Company without royalty or any other further consideration, consideration Executive’s entire right, title and interest in and to all Inventions which Executive conceives, makes, develops or works on during employmentemployment and for one year thereafter, except those Inventions that Executive develops entirely on Executive’s own time after the date of this Agreement without using the Company’s 's equipment, supplies, facilities or trade secret information unless those Inventions either (a) relate at the time of conception or reduction to practice of the Invention to the Company’s 's business, or actual or demonstrably anticipated research or development of the Company; or (b) result from any work performed by Executive for the Company.

Appears in 2 contracts

Samples: Employment Agreement (Implant Sciences Corp), Employment Agreement (Implant Sciences Corp)

Assignment of Inventions to Company; Exemption of Certain Inventions. Executive hereby assigns to the Company, Company without royalty or any other further consideration, consideration Executive’s entire right, title and interest in and to all Inventions which Executive conceives, makes, develops or works on during employment, except as limited by 6.2(a) above and those Inventions that Executive develops entirely on Executive’s own time after the date of this Amended Agreement without using the Company’s equipment, supplies, facilities or trade secret information unless those Inventions either (a) relate at the time of conception or reduction to practice of the Invention to the Company’s then current business, or actual or demonstrably anticipated research or development of the Company; or (b) result from any work performed by Executive for the Company while he is employed by the Company.

Appears in 1 contract

Samples: Employment Agreement (Implant Sciences Corp)

AutoNDA by SimpleDocs

Assignment of Inventions to Company; Exemption of Certain Inventions. Executive hereby assigns to the Company, Company without royalty or any other further consideration, consideration Executive’s entire right, title and interest in and to all Inventions which Executive conceives, makes, develops or works on during employmentemployment and for one year thereafter, except those Inventions that Executive develops entirely on Executive’s own time after the date of this Agreement without using the Company’s equipment, supplies, facilities or trade secret information unless those Inventions either (a) relate at the time of conception or reduction to practice of the Invention to the Company’s business, or actual or demonstrably anticipated research or development of the Company; or (b) result from any work performed by Executive for the Company.

Appears in 1 contract

Samples: Employment Agreement (Titanium Asset Management Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.