Common use of Inventions Retained and Licensed Clause in Contracts

Inventions Retained and Licensed. Exhibit B of this Agreement sets forth all inventions which were made by the Executive prior to his/her employment with the Company (collectively, the “Prior Inventions”), including all processes, inventions, technology, original works of authorship, developments, improvements, formulas, patents, discoveries, copyrights and trade secrets. Such Prior Inventions, which belong to the Executive and are related to the Company’s proposed business, products or research and development, are not assigned to the Company hereunder. In case that there is no Prior Invention listed in Exhibit B hereof, the Executive hereby confirms that no Prior Invention exist. If in the course of his/her employment with the Company, the Executive incorporates into a Company product, process, machine or other project a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a nonexclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use, sell and engage in other actions with respect to such Prior Invention as part of or in connection with such product, process or machine.

Appears in 9 contracts

Samples: Executive Employment Agreement (Hello Inc. /Cayman Islands/), Executive Employment Agreement (Yalla Group LTD), Executive Employment Agreement (Phoenix Tree Holdings LTD)

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Inventions Retained and Licensed. Exhibit B of this Agreement sets forth Executive has attached hereto, as Attachment “1”, a list describing all inventions which were made by the Executive prior to his/her employment with the Company (collectively, the “Prior Inventions”), including all processes, inventions, technology, original works of authorship, developments, improvements, formulas, patents, discoveries, copyrights and trade secrets. Such secrets which were made by Executive prior to the date of this Agreement (collectively referred to as “Prior Inventions”), which belong are owned by Executive alone or jointly with others, which relate in any way to the Executive and are related to the Company’s existing or proposed business, products or research and development, and which are not assigned to the Company hereunderhereunder and/or were not previously assigned by Executive to Company. In case If no items are listed in Attachment “1,” Executive agrees and represents that there is are no Prior Invention listed Inventions which are owned by Executive or in Exhibit B hereof, the which Executive hereby confirms that no Prior Invention existhas any interest. If in the course of his/her Executive’s employment with the Company, the Executive incorporates into a Company product, process, process or machine or other project a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a nonexclusiveworldwide, non-exclusive, royalty-free, irrevocable, perpetual, worldwide assignable, transferable, and sublicenseable license to make, have made, modify, use, use and sell and engage in other actions with respect to such Prior Invention Inventions as part of or in connection with such product, process or machine.

Appears in 4 contracts

Samples: Employment Agreement (Daystar Technologies Inc), Employment Agreement (Daystar Technologies Inc), Employment Agreement (Daystar Technologies Inc)

Inventions Retained and Licensed. Exhibit B A of this Agreement sets forth all inventions which were made by the Executive prior to his/her employment with the Company (collectively, the “Prior Inventions”), including all processes, inventions, technology, original works of authorship, developments, improvements, formulas, patents, discoveries, copyrights and trade secrets. Such Prior Inventions, which belong to the Executive and are related to the Company’s proposed business, products or research and development, are not assigned to the Company hereunder. In case that there is no Prior Invention listed in Exhibit B A hereof, the Executive hereby confirms that no Prior Invention exist. If in the course of his/her employment with the Company, the Executive incorporates into a Company product, process, machine or other project a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a nonexclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use, sell and engage in other actions with respect to such Prior Invention as part of or in connection with such product, process or machine.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (Chemspec International LTD), Employment Agreement (Chemspec International LTD)

Inventions Retained and Licensed. Attached hereto, as Exhibit B of this Agreement sets forth A, is a list describing all inventions which were made by the Executive prior to his/her employment with the Company (collectivelyideas, the “Prior Inventions”)processes, including all processestrademarks, service marks, inventions, technologydesigns, technologies, computer hardware or software, original works of authorship, developmentsformulas, improvements, formulasdiscoveries, patents, discoveriescopyrights, copyrights copyrightable works, products, marketing and trade secrets. Such business ideas, and all improvements, know-how, data, rights, and claims related to the foregoing, whether or not patentable, registrable or copyrightable, which were conceived, developed or created by the Executive prior to Executive's employment or first contact with the Company (collectively referred to as "Prior Inventions"), (A) which belong to the Executive and are related Executive, (B) which relate to the Company’s proposed 's current or contemplated business, products or research and development, and (C) which are not assigned to the Company hereunder. In case that If there is no Prior Invention listed in Exhibit B hereofA or no items thereon, the Executive hereby confirms represents that there are no such Prior Invention existInventions. If in the course of his/her Executive's employment with the Company, the Executive incorporates or embodies into a Company product, process, machine service or other project process a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a nonexclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use, use and sell and engage in other actions with respect to such Prior Invention as part of or in connection with such product, process service or machineprocess.

Appears in 2 contracts

Samples: Employment Agreement (Pro Pharmaceuticals Inc), Employment Agreement (Pro Pharmaceuticals Inc)

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Inventions Retained and Licensed. Exhibit B E of this Agreement sets forth all inventions which were made by the Executive prior to his/her his employment with the Company (collectively, the “Prior Inventions”), including all processes, inventions, technology, original works of authorship, developments, improvements, formulas, patents, discoveries, copyrights and trade secrets. Such Prior Inventions, which belong to the Executive and are related to the Company’s proposed business, products or research and development, are not assigned to the Company hereunder. In case that there is no Prior Invention listed in Exhibit B E hereof, the Executive hereby confirms that no Prior Invention exist. If in the course of his/her his employment with the Company, the Executive incorporates into a Company product, process, machine or other project a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a nonexclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use, sell and engage in other actions with respect to such Prior Invention as part of or in connection with such product, process or machine.

Appears in 1 contract

Samples: Executive Employment Agreement (eHi Car Services LTD)

Inventions Retained and Licensed. Exhibit B E of this Agreement sets forth all inventions which were made by the Executive prior to his/her employment with the Company (collectively, the "Prior Inventions"), including all processes, inventions, technology, original works of authorship, developments, improvements, formulas, patents, discoveries, copyrights and trade secrets. Such Prior Inventions, which belong to the Executive and are related relate to the Company’s 's proposed business, products or research and development, are not assigned to the Company hereunder. In case that there is no Prior Invention listed in Exhibit B E hereof, the Executive hereby confirms that no Prior Invention exist. If in the course of his/her employment with the Company, the Executive incorporates into a Company product, process, machine or other project a Prior Invention owned by the Executive or in which the Executive has an interest, the Company is hereby granted and shall have a nonexclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use, sell and engage in other actions with respect to such Prior Invention as part of or in connection with such product, process or machine.

Appears in 1 contract

Samples: Employment Agreement (Yingli Green Energy Holding Co LTD)

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