Common use of Exception to Assignment Clause in Contracts

Exception to Assignment. ASSIGNMENT REQUIRED UNDER PARAGRAPH 5.2, ABOVE, DOES NOT APPLY TO INVENTIONS THAT EMPLOYEE CAN DEMONSTRATE ARE DEVELOPED ENTIRELY ON EMPLOYEE’S OWN TIME AND WITHOUT USING COMPANY’S EQUIPMENT, SUPPLIES, FACILITIES OR TRADE SECRET INFORMATION SO LONG AS THE INVENTION (a) DOES NOT RELATE AT THE TIME OF CONCEPTION OR REDUCTION TO PRACTICE TO COMPANY’S BUSINESS, OR COMPANY’S ACTUAL OR DEMONSTRABLY ANTICIPATED RESEARCH OR DEVELOPMENT, AND (b) DOES NOT RESULT FROM ANY WORK PERFORMED BY EMPLOYEE FOR COMPANY. All other obligations contained in this agreement shall apply to such Inventions.

Appears in 2 contracts

Sources: Employment Agreement (Infocus Corp), Employment Agreement (Infocus Corp)