Common use of Ownership; Assignment Clause in Contracts

Ownership; Assignment. Employee hereby acknowledges and agrees that (i) Employer is the exclusive owner of all Confidential & Proprietary Information and (ii) all Employee Work Product constitutes "work made for hire" owned exclusively by Employer and, alternatively, Employee hereby irrevocably assigns all patent, copyright, trade secret, ownership or other rights it might have in Employee Work Product to the Employer. Employee shall, during the Term hereof or at any time thereafter upon request, execute any domestic or foreign applications assignments or other documents needed to vest or confirm ownership of Employee Work Product exclusively in Employer.

Appears in 2 contracts

Sources: Employment Agreement (Exe Technologies Inc), Employment Agreement (Exe Technologies Inc)