Common use of Employee Developments Clause in Contracts

Employee Developments. If at any time or times during Employee's employment, Employee shall (either alone or with others) make, conceive, discover or reduce to practice any invention, modification, discovery, design, development, improvement, process, software program, work of authorship, documentation, formula, data, technique, know-how, secret or intellectual property right whatsoever or any interest therein (whether or not patentable or registrable under copyright or similar statutes or subject to analogous protection) (herein called "Developments") that relates to the business of BuildNet or any of the products or services being developed, manufactured or sold by BuildNet or that may be used in relation therewith, such Developments and the benefits thereof shall immediately become the sole and absolute property of BuildNet and its assigns, and Employee shall promptly disclose to BuildNet each such Development and hereby assigns any rights Employee may have or acquire in the Developments and benefits and/or rights resulting therefrom to BuildNet and its assigns without further compensation and shall communicate, without cost or delay, and without publishing the same, all available information relating thereto to BuildNet. Upon the request of BuildNet, the Employee will execute and deliver all documents and do other acts which are or may be necessary to document such transfer or to enable BuildNet to file and prosecute applications for and to acquire, maintain, extend and enforce any and all patents, trademark registrations or copyrights under United States or foreign law with respect to any such developments. Notwithstanding the foregoing, this Agreement shall not be construed to apply to, and shall not create any assignment of, any Developments of the Employee that are covered by Section 66-57.1 of the North Carolina General Statutes, a copy of which is attached hereto as Exhibit A.

Employee Developments. If at any time or times during Employee's employment, Employee shall (either alone or with others) make, conceive, discover or reduce to practice any invention, modification, discovery, design, development, improvement, process, software program, work of authorship, documentation, formula, data, technique, know-how, secret or intellectual property right whatsoever or any interest therein (whether or not patentable or registrable under copyright or similar statutes or subject to analogous protection) (herein called "Developments") that relates to the business of BuildNet Buildnet or any of the products or services being developed, manufactured or sold by BuildNet Buildnet or that may be used in relation therewith, such Developments and the benefits thereof shall immediately become the sole and absolute property of BuildNet Buildnet and its assigns, and Employee shall promptly disclose to BuildNet Buildnet each such Development and hereby assigns any rights Employee may have or acquire in the Developments and benefits and/or rights resulting therefrom to BuildNet Buildnet and its assigns without further compensation and shall communicate, without cost or delay, and without publishing the same, all available information relating thereto to BuildNetBuildnet. Upon the request of BuildNetBuildnet, the Employee will execute and deliver all documents and do other acts which are or may be necessary to document such transfer or to enable BuildNet Buildnet to file and prosecute applications for and to acquire, maintain, extend and enforce any and all patents, trademark registrations or copyrights under United States or foreign law with respect to any such developments. Notwithstanding the foregoing, this Agreement shall not be construed to apply to, and shall not create any assignment of, any Developments of the Employee that are covered by Section 66-57.1 of the North Carolina General Statutes, a copy of which is attached hereto as Exhibit A.

Employee Developments. If at any time or times during Employee's employment, Employee shall (either alone or with others) make, conceive, discover or reduce to practice any invention, modification, discovery, design, development, improvement, process, software program, work of authorship, documentation, formula, data, technique, know-how, secret or intellectual property right whatsoever or any interest therein (whether or not patentable or registrable under copyright or similar statutes or subject to analogous protection) (herein called "Developments") that relates to the business of BuildNet or any of the products or services being developed, manufactured or sold by BuildNet or that may be used in relation therewith, such Developments and the benefits thereof shall immediately become the sole and absolute property of BuildNet and its assigns, and Employee shall promptly disclose to BuildNet each such Development and hereby assigns any rights Employee may have or acquire in the Developments and benefits and/or rights resulting therefrom to BuildNet and its assigns without further compensation and shall communicate, without cost or delay, and without publishing the same, all available information relating thereto to BuildNet. Upon the request of BuildNet, the Employee will execute and deliver all documents and do other acts which are or may be necessary to document such transfer or to enable BuildNet to file and prosecute applications for and to acquire, maintain, extend and enforce any and all patents, trademark registrations or copyrights under United States or foreign law with respect to any such developments. Notwithstanding the foregoing, this Agreement shall not be construed to apply to, and shall not create any assignment of, any Developments of the Employee that are covered by Section 66-57.1 of the North Carolina General Statutes, a copy of which is attached hereto as Exhibit A..