Common use of Discoveries and Inventions Clause in Contracts

Discoveries and Inventions. If the Executive, in the course of his employment with the Company, makes any discovery, improvement, or invention which pertains to or may be useful in the business of the Company, its subsidiaries or affiliates at the time of cessation of his employment, such discovery, improvement, or invention shall be the exclusive property of the Company. The Executive shall execute and deliver to the Company, with further compensation, any and all documents which the Company deems necessary or appropriate to more fully and more perfectly evidence the Company’s ownership thereof.

Appears in 4 contracts

Samples: Employment Agreement (Ascent Energy Inc), Employment Agreement (Ascent Energy Inc), Employment Agreement (Ascent Energy Inc)

AutoNDA by SimpleDocs

Discoveries and Inventions. If the Executive, in the course of his her employment with the Company, makes any discovery, improvement, or invention which pertains directly to or may be useful in the business of the Company, its subsidiaries or affiliates at the time of cessation of his her employment, such discovery, improvement, or invention shall be the exclusive property of the Company. The Executive shall execute and deliver to the Company, with without further compensation, any and all documents which the Company deems necessary or appropriate to more fully and more perfectly evidence the Company’s 's ownership thereof.

Appears in 1 contract

Samples: Employment Agreement (Coho Energy Inc)

AutoNDA by SimpleDocs

Discoveries and Inventions. If the Executive, in the course of his employment with the Company, makes any discovery, improvement, or invention which pertains to or may be useful in the business of the Company, its subsidiaries or affiliates at the time of cessation of his employment, such discovery, improvement, or invention shall be the exclusive property of the Company. The Executive shall execute and deliver to the Company, with further Jurther compensation, any and all documents which the Company deems necessary or appropriate to more fully and more perfectly evidence the Company’s ownership thereof.

Appears in 1 contract

Samples: Employment Agreement (Ascent Energy Inc)

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