Common use of Exceptions to Assignment Obligations Clause in Contracts

Exceptions to Assignment Obligations. The Company and I agree that the assignment obligations under this Section 3 shall not apply to inventions, and I shall not be obligated to assign to the Company any Inventions, that were developed entirely on my own time without using the Company’s equipment, supplies, facilities or trade secret information, unless such inventions either: (i) relate directly to the Company Group’s Business or the Company’s actual or demonstrably anticipated research, or (ii) result from any work performed by me for the Company Group. By signing this Agreement, I acknowledge that I have received written notice of these express exceptions from the assignment obligations hereunder.

Appears in 6 contracts

Samples: Employment Agreement (TELA Bio, Inc.), Employment Agreement (TELA Bio, Inc.), Employment Agreement (TELA Bio, Inc.)

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