Common use of Ownership and Assignment Clause in Contracts

Ownership and Assignment. All ConforMIS Inventions are the sole property of ConforMIS. All ConforMIS Inventions shall be immediately assignable to ConforMIS, and, notwithstanding any other documents evidencing assignment that may be executed, this Agreement shall operate to automatically and immediately assign any and all ConforMIS Inventions. Employee hereby immediately assigns all current and future ConforMIS Inventions and all Rights in them to ConforMIS to the maximum extent allowed under applicable law. To the extent this Agreement does not serve to immediately assign all ConforMIS Inventions for any reason, Employee agrees to assign and to otherwise execute such documents and instruments to effect the assignment of all such ConforMIS Inventions to ConforMIS immediately upon request of ConforMIS. Employee agrees not to enter into any agreement, arrangement or understanding that assigns or purports to assign any ConforMIS Inventions to any third party, except as may be expressly requested by ConforMIS in writing.

Appears in 7 contracts

Samples: Employment Agreement (ConforMIS Inc), Employment Agreement (ConforMIS Inc), Non Competition Agreement (ConforMIS Inc)

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