Common use of Definition of Intellectual Property Clause in Contracts

Definition of Intellectual Property. For purposes of this Agreement, “Intellectual Property” shall mean all ideas, inventions, discoveries, processes, designs, methods, substances, articles, computer programs, and improvements (including, without limitation, enhancements to, or further interpretation or processing of, information that was in the possession of Employee prior to the date of this Agreement), whether or not patentable or copyrightable, that do not fall within the definition of Business Opportunities, that Employee discovers, conceives, invents, creates, or develops (or discovered, conceived, invented, created, or developed), alone or with others, during his employment with the Company or BCEOC, if such discovery, conception, invention, creation, or development (i) occurs or occurred in the course of Employee’s employment with the Company, BCEOC, or its or their Affiliates or (ii) occurs or occurred with the use of any time, materials, or facilities of the Company, BCEOC, or its or their Affiliates.

Appears in 3 contracts

Samples: Employment Agreement (Bonanza Creek Energy, Inc.), Employment Agreement (Bonanza Creek Energy, Inc.), Employment Agreement (Bonanza Creek Energy, Inc.)

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Definition of Intellectual Property. For purposes of this Agreement, “Intellectual Property” shall mean all ideas, inventions, discoveries, processes, designs, methods, substances, articles, computer programs, and improvements (including, without limitation, enhancements to, or further interpretation or processing of, information that was in the possession of Employee prior to the date of this Agreement), whether or not patentable or copyrightable, that do not fall within the definition of Business Opportunities, that Employee discovers, conceives, invents, creates, or develops (or discovered, conceived, invented, created, or developed), alone or with others, during his employment with the Company or BCEOCany of its Affiliates, if such discovery, conception, invention, creation, or development (i) occurs or occurred in the course of Employee’s employment with the Company, BCEOC, Company or any of its or their Affiliates or (ii) occurs or occurred with the use of any time, materials, or facilities of the Company, BCEOC, Company or any of its or their Affiliates.

Appears in 1 contract

Samples: Employment Agreement (Bonanza Creek Energy, Inc.)

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Definition of Intellectual Property. For purposes of this Agreement, “Intellectual Property” shall mean all ideas, inventions, discoveries, processes, designs, methods, substances, articles, computer programs, and improvements (including, without limitation, enhancements to, or further interpretation or processing of, information that was in the possession of Employee prior to the date of this Agreement), whether or not patentable or copyrightable, that do not fall within the definition of Business Opportunities, that Employee discovers, conceives, invents, creates, or develops (or discovered, conceived, invented, created, or developed), alone or with others, during his employment with the Company or BCEOCany of the Company’s Affiliates, if such discovery, conception, invention, creation, or development (i) occurs or occurred in the course of Employee’s employment with the Company or any of the Company, BCEOC, or its or their ’s Affiliates or (ii) occurs or occurred with the use of any time, materials, or facilities of the Company or any of the Company, BCEOC, or its or their ’s Affiliates.

Appears in 1 contract

Samples: Employment Agreement (Bonanza Creek Energy, Inc.)

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