Common use of Obligation to Disclose Clause in Contracts

Obligation to Disclose. Contractor hereby agrees to disclose promptly to the Company (or any persons designated by it) all developments, designs, creations, improvements, original works of authorship, formulas, processes, know-how, techniques and/or inventions, (hereinafter referred to collectively as “Inventions”) (i) which are made or conceived or reduced to practice by Contractor, either alone or jointly with others, during the term of this Agreement, or which are reduced to practice during the period of twelve (12) months following the termination of this Agreement, that relate to in the present or future business of the Company; or (ii) which result from tasks assigned Contractor by the Company, or from Contractor’s use of the premises or other resources owned, leased or contracted by the Company.

Obligation to Disclose. Contractor Xxxxx hereby agrees to disclose promptly to the Company (or any persons designated by it) all developments, designs, creations, improvements, original works of authorship, formulas, processes, know-how, techniques and/or inventions, (hereinafter referred to collectively as “Inventions”) (i) which are made or conceived or reduced to practice by ContractorXxxxx, either alone or jointly with others, during the term of this Agreement, or which are reduced to practice during the period of twelve (12) months following the termination of this Agreement, that relate to in the present or future business of the Company; or (ii) which result from tasks assigned Contractor Xxxxx by the Company, or from Contractor’s Xxxxx’x use of the premises or other resources owned, leased or contracted by the Company.