Common use of Employee Work Product Clause in Contracts

Employee Work Product. Employee agrees that any invention, enhancement, process, method, design and any other creation (hereinafter “Product”) that Employee may develop, invent, discover, conceive or originate, alone or in conjunction with any other person during business hours or on behalf of Employer, during Employee’s employment that relates to the business of Employer now or hereafter carried on by it, or to the use of any product involved therein, shall be the exclusive property of Employer. Employee understands and agrees that in partial consideration of Employee’s employment and for the compensation received, and for continued employment per this Agreement, all such Products shall be the exclusive property of Employer and, thus, subject to patent, copyright, registration or other legal protective custody of Employer. Employer shall have the authority and this instrument shall operate: (1) to give Employer authority to execute, sell and deliver as the act of Employee, any license agreement, contract, assignment or other instrument in writing that may be necessary or proper with respect to the Product; and (2) to convey to Employer the entire right, title and interest to any such Product. Employee further agrees to hold Employer and its assigns harmless by reason of Employer’s acts pursuant to this Paragraph 11. Employee further agrees that, during his/her employment and any time thereafter, Employee shall cooperate with Employer and its counsel in the prosecution and/or defense of any litigation that may arise in connection with any Product referred to in this Paragraph 11.

Appears in 6 contracts

Samples: Employment Agreement (Orthopediatrics Corp), Employment Agreement (Orthopediatrics Corp), Employment Agreement (Orthopediatrics Corp)

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Employee Work Product. Employee agrees that any invention, enhancement, process, method, design and any other creation (hereinafter "Product") that Employee may develop, invent, discover, conceive or originate, alone along or in conjunction with any other person during business hours or on behalf of the Employer, during the term of the Employee’s employment 's employment, and for a period of twelve (12) months thereafter, that relates to the business of Employer now or hereafter carried on by it, or to the use of any 7 product involved therein, shall be the exclusive property of the Employer. Employee understands and agrees that in partial consideration of Employee’s 's employment and for the compensation received, and for continued employment per this Agreementemployment, all such Products products shall be the exclusive property of the Employer and, thus, and thus subject to patent, copyright, registration or other legal protective custody of by the Employer. Employer shall have the authority and this instrument shall operate: (1) to give the Employer authority to execute, sell and deliver as the act of the Employee, any license agreement, contract, assignment or other instrument in writing that may be necessary or proper with respect to the Productproper; and (2) to convey to Employer the entire right, title and interest in and to any such Productproduct. Employee further agrees to hold Employer and its assigns harmless by reason of Employer’s 's acts pursuant to this Paragraph 11paragraph. Employee further agrees that, during the term of his/her employment and any time thereafter, Employee shall cooperate with the Employer and its counsel in the prosecution and/or defense of any litigation that which may arise in connection with any Product product referred to in this Paragraph 11paragraph.

Appears in 2 contracts

Samples: Employment Contract (Signature Inns Inc/In), Employment Contract (Signature Inns Inc/In)

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