Common use of New Discoveries Clause in Contracts

New Discoveries. Any inventions, discoveries or improvements in systems, methods and processes made by the Executive in the course of his employment and any mineral discoveries and opportunities to acquire mineral assets or interests therein which come to the Executive will be disclosed to the Company forthwith and shall belong to and be the absolute property of the Company.

Appears in 4 contracts

Samples: Employment Agreement (Trilogy Metals Inc.), Employment Agreement (Novagold Resources Inc), Employment Agreement (Novagold Resources Inc)

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New Discoveries. Any inventions, discoveries or improvements in systems, methods and processes made by the Executive in the course of his employment and any mineral discoveries and opportunities to acquire mineral assets or interests therein which come to the Executive in the course of his employment will be disclosed to the Company forthwith in writing, and shall belong to and be the absolute property of the CompanyCompany if so designated by the Company in writing within a reasonable time following the Executive’s disclosure.

Appears in 2 contracts

Samples: Employment Agreement (Novagold Resources Inc), Employment Agreement (Novagold Resources Inc)

New Discoveries. Any inventions, discoveries or improvements in systems, methods and processes made by the Executive in the course of his employment and any mineral discoveries and opportunities to acquire mineral assets or interests therein which come to the Executive in the course of his employment will be disclosed to the Company forthwith in writing, and shall belong to and be the absolute property of the Company, if so designated by the Company in writing within a reasonable time following the Executive’s disclosure.

Appears in 1 contract

Samples: Employment Agreement (Novagold Resources Inc)

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New Discoveries. Any inventions, discoveries or improvements in systems, methods and processes made by the Executive in the course of his her employment and any mineral discoveries and opportunities to acquire mineral assets or interests therein which come to the Executive will be disclosed to the Company forthwith and shall belong to and be the absolute property of the Company.

Appears in 1 contract

Samples: Employment Agreement (NovaCopper Inc.)

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