Common use of Disclosure of Works and Inventions/Assignment of Patents Clause in Contracts

Disclosure of Works and Inventions/Assignment of Patents. (1) Employee shall maintain such records of his work as the Company may direct from time to time. Employee shall promptly disclose to the Company, in writing, any and all copyrightable works, including software, and any and all discoveries, inventions, technological innovations and improvements, whether patentable or not (whether it be a machine, process, apparatus, article, composition, design, software, writing or other thing) conceived or made by Employee, solely or jointly, during the period of his employment with the Company, whether or not authorized, conceived or made during working hours or with the Company's equipment or facilities, which relates in any manner to the existing or contemplated business of the Company. Unless otherwise waived in writing by the Company, all such copyrightable works (including software), discoveries, inventions, technological innovations and improvements shall be the exclusive property of the Company with respect to any and all countries in the world and Employee shall assign and hereby does assign all right, title and interest thereto the Company or its nominee.

Appears in 4 contracts

Samples: Employment Agreement (Daleco Resources Corp), Employment Agreement (Daleco Resources Corp), Employment Agreement (Daleco Resources Corp)

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