Common use of Inventions and Discoveries Clause in Contracts

Inventions and Discoveries. Employee agrees promptly and freely to disclose to the Company, in writing, any and all ideas, conceptions, inventions, improvements, and discoveries, whether patentable or not, which are conceived or made by Employee, solely or jointly with another, during the period of his employment by the Company and which are related to the business or activities of the Company. Employee agrees to assign and hereby does assign to the Company all his interest in such ideas, conceptions, inventions, improvements, and discoveries. Employee agrees that, whenever requested to do so by the Company, he shall assist in the preparation of any document that the Company shall deem necessary and shall execute any and all applications, assignments or other instruments that the Company shall deem necessary, in its sole discretion, to apply for and obtain protection, including patent protection, for such ideas, conceptions, inventions, improvements and discoveries in all countries of the world. The obligations in the preceding sentence shall continue beyond the termination of Employee's employment regardless of the reason for such termination.

Appears in 8 contracts

Samples: Employment Agreement (Ziasun Technologies Inc), Employment Agreement (Telescan Inc), Employment Agreement (Telescan Inc)

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Inventions and Discoveries. Employee agrees promptly and freely to disclose to the Company, in writing, any and all ideas, conceptions, inventions, improvements, and discoveries, whether patentable or not, which are conceived or made by Employee, solely or jointly with another, during the period of his employment by the Company and which are related to the business or activities of the Company. Employee agrees to assign and hereby does assign to the Company all his interest in such ideas, conceptions, inventions, improvements, and discoveries. Employee agrees that, whenever requested to do so by the Company, he shall assist in the preparation of any document that the Company shall deem necessary and shall execute any and all applications, assignments or other instruments that the Company shall deem necessary, in its sole discretion, to apply for and obtain protection, including patent protection, for such ideas, conceptions, inventions, improvements and discoveries in all countries of the world. The obligations in the preceding sentence shall continue beyond the termination of Employee's ’s employment regardless of the reason for such termination.

Appears in 4 contracts

Samples: Employment Agreement (Investools Inc), Employment Agreement (Investools Inc), Employment Agreement (Investools Inc)

Inventions and Discoveries. Employee agrees promptly and freely to disclose hereby assigns to the Company, Company all of his interest in writing, any and all ideas, conceptions, inventions, improvements, and discoveries, whether patentable or not, which are were conceived or made by Employee, solely or jointly with another, during the period of his employment by the Company and which are related to the business or activities of the Company. Employee agrees to assign and hereby does assign to the Company acknowledges that all his interest in such ideas, conceptions, inventions, improvements, inventions improvements and discoveriesdiscoveries are the sole property of the Company and that Employee has no rights in the same. Employee agrees that, whenever requested to do so by the Company, he shall assist in the preparation of any document that the Company shall deem necessary and shall execute any and all applications, assignments or other instruments that the Company shall deem necessary, in its sole discretion, to apply for and obtain protection, including patent protection, for such ideas, conceptions, inventions, improvements and discoveries in all countries of the world. The obligations in the preceding sentence shall continue beyond the termination of Employee's employment regardless of the reason for such termination.

Appears in 2 contracts

Samples: Termination Agreement and General Release (Investools Inc), Termination Agreement and General Release (Investools Inc)

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Inventions and Discoveries. Employee Executive agrees promptly and freely to disclose to the Company, in writing, any and all ideas, conceptions, inventions, improvements, and discoveries, whether patentable or not, which are conceived or made by EmployeeExecutive, solely or jointly with another, during the period of his employment by the Company and which are related to the business or activities of the Company. Employee Executive agrees to assign and hereby does assign to the Company all his interest in such ideas, conceptions, inventions, improvements, and discoveries. Employee Executive agrees that, whenever reasonably requested to do so by the Company, at the Company’s expense, he shall assist in the preparation of any document that the Company shall deem necessary and shall execute any and all applications, assignments or other instruments that the Company shall deem necessary, in its sole discretion, to apply for and obtain protection, including patent protection, for such ideas, conceptions, inventions, improvements and discoveries in all countries of the world. The obligations in the preceding sentence shall continue beyond the termination of Employee's Executive’s employment regardless of the reason for such termination.

Appears in 1 contract

Samples: Employment Agreement (Investools Inc)

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