Common use of Assignment of Inventions to the Company Clause in Contracts

Assignment of Inventions to the Company. Employee will promptly disclose to the Company all improvements, inventions, formulas, ideas, works of authorship, processes, techniques and trade secrets, whether or not patentable, made or conceived or developed by Employee, either alone or jointly with others, during Employee's employment (collectively "Inventions"). All Inventions, and all patents, copyrights, trade secret rights and other intellectual property rights related thereto shall be the sole property of the Company to the maximum extent permitted by law and, to the extent permitted by law, shall be "works for hire." Employee hereby assigns to the Company any rights Employee may have or acquire in all Inventions and agrees to perform, during and after employment with the Company, all acts necessary or desirable by the Company to permit and assist the Company, at the Company's expense, in obtaining and enforcing patents, copyrights, trade secrets or other intellectual property rights with respect to such Inventions. Employee hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as Employee's agents and attorneys-in-fact to act for and in Employee's name and stead, to execute and file any applications or related filings and do all other lawfully permitted acts to further the prosecution and issuance of patents, copyrights, trade secret rights or other intellectual property rights with respect to any Inventions with the same legal force and effect as if executed by Employee.

Appears in 2 contracts

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

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Assignment of Inventions to the Company. Employee will promptly disclose to the Company all improvements, inventions, formulas, ideas, works of authorship, processes, techniques and trade secrets, whether or not patentable, made or conceived or developed by Employee, either alone or jointly with others, during Employee's employment (collectively "Inventions"). All Inventions, and all patents, copyrights, trade secret rights and other intellectual property rights related thereto shall be the sole property of the Company to the maximum extent permitted by law and, to the extent permitted by law, shall be "works for hire." Employee hereby assigns to the Company any rights Employee may have or acquire in all Inventions and agrees to perform, during and after employment with the Company, all acts necessary or desirable by the Company to permit and assist the Company, at the Company's expense, in obtaining and enforcing patents, copyrights, trade secrets or other intellectual property rights with respect to such Inventions. Employee hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as Employee's agents and attorneys-in-fact to act for and in Employee's name and stead, to execute and file any applications or related filings and do all other lawfully permitted acts to further the prosecution and issuance of patents, copyrights, trade secret rights or other intellectual property rights with respect to any Inventions with the same legal force and effect as if executed by Employee.. 3.4

Appears in 1 contract

Samples: Severance Agreement (Huntco Inc)

Assignment of Inventions to the Company. Employee will Executive shall promptly disclose to the Company all improvements, inventions, formulas, ideas, works of authorship, processes, techniques computer programs and software, software designs and documentation, algorithms, techniques, schematics, know-how and trade secrets, whether or not patentable, made or conceived or reduced to practice or developed by EmployeeExecutive, either alone or jointly with others, during EmployeeExecutive's employment with the Company (collectively "Inventions"). All Inventions, and all patents, copyrights, trade secret rights and other intellectual property rights related thereto (including any extensions, renewals, continuations or divisions of any of the foregoing), shall be the sole property of the Company to the maximum extent permitted by law and, to the extent permitted by law, shall be "works made for hire." Employee Executive hereby assigns to the Company any rights Employee Executive may have or may acquire in all Inventions and agrees to perform, both during the Term and after employment with the Companythereafter, all acts necessary or desirable by the Company to permit and assist the Company, at the Company's expense, in obtaining and enforcing patents, copyrights, trade secrets or other intellectual property rights with respect to such InventionsInventions in any and all countries. Employee Executive hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as EmployeeExecutive's agents and attorneys-in-fact to act for and in EmployeeExecutive's name and stead, to execute and file any applications or related filings and do all other lawfully permitted acts to further the prosecution and issuance of or patents, copyrights, trade secret rights or other intellectual property rights with respect to any Inventions with the same legal force and effect as if executed by EmployeeExecutive. The foregoing notwithstanding, the Company acknowledges and agrees that the Company will not own, and Executive is not obligated to disclose or assign to the Company, any of Executive's rights in any invention that Executive develops entirely on Executive's own time without using the Company's equipment, supplies, facilities, or Proprietary Information except for those inventions that either (i) relate either (a) at the time of conception or (b) at the time of reduction to practice to the Company's business or actual or demonstrably anticipated research or development of the Company, or (ii) result from any work performed by Executive for the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Composite Technology Corp)

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Assignment of Inventions to the Company. Employee will Executive shall promptly disclose to the Company all improvements, inventions, formulas, ideas, works of authorship, processes, techniques computer programs and software, software designs and documentation, algorithms, techniques, schematics, know-how and trade secrets, whether or not patentable, made or conceived or reduced to practice or developed by EmployeeExecutive, either alone or jointly with others, during EmployeeExecutive's employment with the Company (collectively "Inventions"). All Inventions, and all patents, copyrights, trade secret rights and other intellectual property rights related thereto (including any extensions, renewals, continuations or divisions of any of the foregoing), shall be the sole property of the Company to the maximum extent permitted by law and, to the extent permitted by law, shall be "works made for hire." Employee Executive hereby assigns to the Company any rights Employee Executive may have or may acquire in all Inventions and agrees to perform, both during the Term and after employment with the Companythereafter, all acts necessary or desirable by the Company to permit and assist the Company, at the Company's expense, in obtaining and enforcing patents, copyrights, trade secrets or other intellectual property rights with respect to such InventionsInventions in any and all countries. Employee Executive hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as EmployeeExecutive's agents and attorneys-in-fact to act for and in EmployeeExecutive's name and stead, to execute and file any applications or related filings and do all other lawfully permitted acts to further the prosecution and issuance of or patents, copyrights, trade secret rights or other intellectual property rights with respect to any Inventions with the same legal force and effect as if executed by Employee.Executive. The foregoing notwithstanding, the Company acknowledges and agrees that the Company will not own, and Executive is not obligated to disclose or assign to the Company, any of Executive's rights in any invention that Executive develops entirely on Executive's own time without using the Company's equipment, supplies, facilities, or Proprietary Information except for those inventions that either (i) relate either (a) at the time of conception or (b) at the time of reduction to practice to the Company's business or actual or demonstrably anticipated research or development of the Company, or (ii) result from any work performed by Executive for the Company. -------------------------------------------------------------------------------- Exhibit "D": Share Exchange Agreement - CTC Page 61 & Shareholders of EU Energy plc

Appears in 1 contract

Samples: Share Exchange Agreement (Composite Technology Corp)

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