Rights to Inventions, Etc Clause Samples
The "Rights to Inventions, Etc" clause defines the ownership and usage rights of inventions, discoveries, and intellectual property created during the course of a contract or employment. Typically, this clause specifies whether such inventions belong to the employer, the contractor, or the individual inventor, and may outline procedures for disclosure and assignment of rights. For example, it might require employees to promptly inform the company of any inventions made using company resources or during work hours. The core function of this clause is to prevent disputes over intellectual property by clearly establishing who holds the rights to new creations developed in connection with the agreement.
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Rights to Inventions, Etc. (a) All trade secrets, Intellectual Property, Technical Documentation, inventions, discoveries, designs, programming, technology or improvements thereto (whether any of the foregoing are patentable or not), specifically including but not limited to, computer programs, internet systems applications and related documentation or any other work of authorship conceived, created or made by Executive, alone or with others, during the term of Executive's employment by the Company, whether or not during working hours or on the Company's premises, which are (i) within the scope of the Business or other business operations of the Company, or a reasonable or contemplated expansion thereof, (ii) related to any work or project of the Company, present or contemplated, (iii) created with the aid of the Company's materials, equipment or personnel or (iv) based upon Confidential Information to which Executive has had or may have access as a result of or in connection with his employment with the Company ("Company Developments"), are the sole and exclusive property of the Company; and Executive hereby assigns all rights, title and interest in and to all Company Developments to the Company. Executive will promptly disclose in writing to the Company any and all Company Developments of which he has actual knowledge.
(b) If copyright protection is available for any Company Development, such Company Development will be considered a work made for hire under the copyright laws and will be the exclusive property of the Company.
(c) Executive will execute for the benefit of the Company, at no expense to Executive and without any additional compensation to Executive, all patent applications, assignment instruments, affidavits and other documents which may be determined by counsel to the Company to be necessary or desirable (a) to vest in the Company all rights to Company Developments and (b) to enable the Company to obtain patent coverage thereon (if applicable) in any and all countries. Executive will execute and deliver any such documents required to comply with this Section 6.5 at any time as requested by the Company, whether or not Executive remains in the employ of the Company. 5
(d) Executive will treat Company Developments as confidential and will not use Company Developments for any purpose other than in furtherance of his employment by the Company and such confidential and nonuse status will be preserved until such time as the subject Company Developments become public knowle...
Rights to Inventions, Etc. The Executive further agrees to assign and does hereby assign and transfer to the Corporation all his right, title and interest in and to all such inventions and improvements and in and to any letter patent or application for letters patent thereon in and for all countries. The Executive further agrees, at the expense of the Corporation, to do all things and to execute and deliver all documents necessary therefor whenever so requested by the Corporation.