{"component": "clause", "props": {"groups": [{"snippet": "Executive acknowledges and agrees that all right, title, and interest in and to all writings, works of authorship, technology, inventions, discoveries, processes, techniques, methods, ideas, concepts, research, proposals, materials, and all other work product of any nature whatsoever, that are created, prepared, produced, authored, edited, amended, conceived, or reduced to practice by Executive individually or jointly with others during the period of his employment by the Company and relate in any way to the business or contemplated business, products, activities, research, or development of the Company or result from any work performed by Executive for the Company (in each case, regardless of when or where prepared or whose equipment or other resources is used in preparing the same), all rights and claims related to the foregoing, and all printed, physical and electronic copies, and other tangible embodiments thereof (collectively, \u201cWork Product\u201d), as well as any and all rights in and to US and foreign (a) patents, patent disclosures and inventions (whether patentable or not), (b) trademarks, service marks, trade dress, trade names, logos, corporate names, and domain names, and other similar designations of source or origin, together with the goodwill symbolized by any of the foregoing, (c) copyrights and copyrightable works (including computer programs), and rights in data and databases, (d) trade secrets, know-how, and other confidential information, and (e) all other intellectual property rights, in each case whether registered or unregistered and including all registrations and applications for, and renewals and extensions of, such rights, all improvements thereto and all similar or equivalent rights or forms of protection in any part of the world (collectively, \u201cIntellectual Property Rights\u201d), shall be the sole and exclusive property of the Company. For purposes of this Agreement, Work Product includes, but is not limited to, Company information, including plans, publications, research, strategies, techniques, agreements, documents, contracts, terms of agreements, negotiations, know-how, computer programs, computer applications, software design, web design, work in process, databases, manuals, results, developments, reports, graphics, drawings, sketches, market studies, formulae, notes, communications, algorithms, product plans, product designs, styles, models, audiovisual programs, inventions, unpublished patent applications, original works of authorship, discoveries, experimental processes, experimental results, specifications, customer information, client information, customer lists, client lists, manufacturing information, marketing information, advertising information, and sales information.", "samples": [{"hash": "c2TQpEyCgII", "uri": "/contracts/c2TQpEyCgII#work-product", "label": "Employment Agreement (Golden Nugget Online 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"type": "definition", "offset": [526, 547]}, {"key": "development-of-the", "type": "clause", "offset": [584, 602]}, {"key": "performed-by", "type": "clause", "offset": [635, 647]}, {"key": "for-the-company", "type": "clause", "offset": [658, 673]}, {"key": "each-case", "type": "definition", "offset": [678, 687]}, {"key": "other-resources", "type": "clause", "offset": [748, 763]}, {"key": "rights-and-claims", "type": "clause", "offset": [800, 817]}, {"key": "related-to", "type": "definition", "offset": [818, 828]}, {"key": "the-foregoing", "type": "definition", "offset": [829, 842]}, {"key": "electronic-copies", "type": "clause", "offset": [874, 891]}, {"key": "tangible-embodiments", "type": "definition", "offset": [903, 923]}, {"key": "patent-disclosures", "type": "clause", "offset": [1032, 1050]}, {"key": "service-marks", "type": "clause", "offset": [1111, 1124]}, {"key": "trade-dress", "type": "definition", "offset": [1126, 1137]}, {"key": "trade-names", "type": "definition", "offset": [1139, 1150]}, {"key": "corporate-names", "type": "definition", "offset": [1159, 1174]}, {"key": "domain-names", "type": "clause", "offset": [1180, 1192]}, {"key": "copyrightable-works", "type": "definition", "offset": [1328, 1347]}, {"key": "computer-programs", "type": "clause", "offset": [1359, 1376]}, {"key": "rights-in-data", "type": "clause", "offset": [1383, 1397]}, {"key": "trade-secrets", "type": "definition", "offset": [1417, 1430]}, {"key": "other-confidential-information", "type": "definition", "offset": [1446, 1476]}, {"key": "other-intellectual-property-rights", "type": "definition", "offset": [1490, 1524]}, {"key": "applications-for", "type": "clause", "offset": [1610, 1626]}, {"key": "renewals-and-extensions", "type": "clause", "offset": [1632, 1655]}, {"key": "such-rights", "type": "definition", "offset": [1660, 1671]}, {"key": "equivalent-rights", "type": "definition", "offset": [1717, 1734]}, {"key": "the-world", "type": "definition", "offset": [1773, 1782]}, {"key": "exclusive-property-of-the-company", "type": "clause", "offset": [1853, 1886]}, {"key": "for-purposes-of-this-agreement", "type": "clause", "offset": [1888, 1918]}, {"key": "not-limited", "type": "clause", "offset": [1950, 1961]}, {"key": "company-information", "type": "definition", "offset": [1966, 1985]}, {"key": "terms-of-agreements", "type": "clause", "offset": [2086, 2105]}, {"key": "computer-applications", "type": "clause", "offset": [2150, 2171]}, {"key": "software-design", "type": "clause", "offset": [2173, 2188]}, {"key": "web-design", "type": "clause", "offset": [2190, 2200]}, {"key": "work-in-process", "type": "definition", "offset": [2202, 2217]}, {"key": "market-studies", "type": "clause", "offset": [2301, 2315]}, {"key": "product-plans", "type": "definition", "offset": [2362, 2375]}, {"key": "product-designs", "type": "clause", "offset": [2377, 2392]}, {"key": "patent-applications", "type": "definition", "offset": [2456, 2475]}, {"key": "original-works-of-authorship", "type": "clause", "offset": [2477, 2505]}, {"key": "experimental-results", "type": "clause", "offset": [2544, 2564]}, {"key": "customer-information", "type": "clause", "offset": [2582, 2602]}, {"key": "client-information", "type": "definition", "offset": [2604, 2622]}, {"key": "customer-lists", "type": "definition", "offset": [2624, 2638]}, {"key": "client-lists", "type": "clause", "offset": [2640, 2652]}, {"key": "manufacturing-information", "type": "clause", "offset": [2654, 2679]}, {"key": "marketing-information", "type": "definition", "offset": [2681, 2702]}, {"key": "sales-information", "type": "clause", "offset": [2733, 2750]}], "hash": "e2a3249edd6c25d94bef185bef95a5e8", "id": 2}, {"snippet": "All Work Product shall belong exclusively to the State, with the State having the sole and exclusive right to apply for, obtain, register, hold and renew, in its own name and/or for its own benefit, all patents and copyrights, and all applications and registrations, renewals and continuations thereof and/or any and all other appropriate protection. To the extent exclusive title and/or complete and exclusive ownership rights in and to any Work Product may not originally vest in the State by operation of law or otherwise as contemplated hereunder, Contractor shall immediately upon request, unconditionally and irrevocably assign, transfer and convey to the State all right, title and interest therein.", "samples": [{"hash": "hP7bpudaQjH", "uri": "/contracts/hP7bpudaQjH#work-product", "label": "Contract Amendment", "score": 36.4962425232, "published": true}, {"hash": "2HMvDcbYyhe", "uri": "/contracts/2HMvDcbYyhe#work-product", "label": "Participating Addendum", "score": 36.1490821838, "published": true}, {"hash": "87QSKcRIZEE", "uri": "/contracts/87QSKcRIZEE#work-product", "label": "Participating Addendum", "score": 35.843132019, "published": true}], "size": 230, "snippet_links": [{"key": "all-work", "type": "clause", "offset": [0, 8]}, {"key": "right-to-apply", "type": "clause", "offset": [101, 115]}, {"key": "patents-and-copyrights", "type": "clause", "offset": [203, 225]}, {"key": "applications-and-registrations", "type": "clause", "offset": [235, 265]}, {"key": "to-the-extent", "type": "clause", "offset": [351, 364]}, {"key": "ownership-rights", "type": "definition", "offset": [411, 427]}, {"key": "in-the-state", "type": "definition", "offset": [479, 491]}, {"key": "by-operation-of-law", "type": "definition", "offset": [492, 511]}, {"key": "contractor-shall", "type": "clause", "offset": [552, 568]}, {"key": "upon-request", "type": "clause", "offset": [581, 593]}, {"key": "title-and-interest", "type": "clause", "offset": [679, 697]}], "hash": "4b4187c2145d67b6f804e3c887a772d3", "id": 1}, {"snippet": "All work product, including records, files, documents, plans, computer disks, magnetic media or material which may be produced or modified by the Contractor while performing the Services shall belong to the City, upon full payment of all monies owed to the Contractor under this agreement. Upon written notice by the City during the Term of this Agreement or upon the termination or cancellation of this Agreement, the Contractor shall deliver all copies of any such work product remaining in the possession of the Contractor to the City.", "samples": [{"hash": "jS3lpHmfqBX", "uri": "/contracts/jS3lpHmfqBX#work-product", "label": "Professional Services Agreement", "score": 34.1815795898, "published": true}, {"hash": "JITtzdYVPV", "uri": "/contracts/JITtzdYVPV#work-product", "label": "Professional Services Agreement", "score": 34.1815795898, "published": true}, {"hash": "dN4vjP1kvEX", "uri": "/contracts/dN4vjP1kvEX#work-product", "label": "Professional Services Agreement", "score": 34.0883750916, "published": true}], "size": 53, "snippet_links": [{"key": "all-work", "type": "clause", "offset": [0, 8]}, {"key": "by-the-contractor", "type": "clause", "offset": [139, 156]}, {"key": "performing-the-services", "type": "clause", "offset": [163, 186]}, {"key": "to-the-city", "type": "definition", "offset": [200, 211]}, {"key": "payment-of", "type": "definition", "offset": [223, 233]}, {"key": "monies-owed", "type": "clause", "offset": [238, 249]}, {"key": "to-the-contractor", "type": "clause", "offset": [250, 267]}, {"key": "notice-by-the-city", "type": "clause", "offset": [303, 321]}, {"key": "agreement-or", "type": "definition", "offset": [346, 358]}, {"key": "cancellation-of-this-agreement", "type": "clause", "offset": [383, 413]}, {"key": "the-contractor-shall", "type": "clause", "offset": [415, 435]}, {"key": "copies-of", "type": "definition", "offset": [448, 457]}, {"key": "contractor-to", "type": "clause", "offset": [515, 528]}], "hash": "99b381d81d70dd46b9fda98802e79ed1", "id": 8}, {"snippet": "6.1. All materials, information, documents, and reports, whether finished, unfinished, or draft, developed, prepared, completed, or acquired by Vendor for Delaware relating to the services to be performed hereunder shall become the property of Delaware and shall be delivered to Delaware\u2019s designated representative upon completion or termination of this Agreement, whichever comes first. Vendor shall not be liable for damages, claims, and losses arising out of any reuse of any work products on any other project conducted by Delaware. Delaware shall have the right to reproduce all documentation supplied pursuant to this Agreement.\n6.2. Vendor retains all title and interest to the data it furnished and/or generated pursuant to this Agreement. Retention of such title and interest does not conflict with Delaware\u2019s rights to the materials, information and documents developed in performing the project. Upon final payment, Delaware shall have a perpetual, nontransferable, non-exclusive paid-up right and license to use, copy, modify and prepare derivative works of all materials in which Vendor retains title, whether individually by Vendor or jointly with Delaware. Any and all source code developed in connection with the services provided will be provided to Delaware, and the aforementioned right and license shall apply to source code. The parties will cooperate with each other and execute such other documents as may be reasonably deemed necessary to achieve the objectives of this Section.\n6.3. In no event shall Vendor be precluded from developing for itself, or for others, materials that are competitive with the Deliverables, irrespective of their similarity to the Deliverables. In addition, Vendor shall be free to use its general knowledge, skills and experience, and any ideas, concepts, know-how, and techniques within the scope of its consulting practice that are used in the course of providing the services.\n6.4. Notwithstanding anything to the contrary contained herein or in any attachment hereto, any and all intellectual property or other proprietary data owned by Vendor prior to the effective date of this Agreement (\u201cPreexisting Information\u201d) shall remain the exclusive property of Vendor even if such Preexisting Information is embedded or otherwise incorporated into materials or products first produced as a result of this Agreement or used to develop such materials or products. Delaware\u2019s rights under this section shall not apply to any Preexisting Information or any component thereof regardless of form or media.", "samples": [{"hash": "adB6RO5ZqMt", "uri": "/contracts/adB6RO5ZqMt#work-product", "label": "Professional Services Agreement", "score": 34.4798202515, "published": true}, {"hash": "9TTe86MCVjm", "uri": "/contracts/9TTe86MCVjm#work-product", "label": "Professional Services Agreement", "score": 34.1664161682, "published": true}, {"hash": "hrNUSmYScUJ", "uri": "/contracts/hrNUSmYScUJ#work-product", "label": "Professional Services", "score": 33.5704917908, "published": true}], "size": 82, "snippet_links": [{"key": "by-vendor", "type": "clause", "offset": [141, 150]}, {"key": "services-to-be-performed", "type": "clause", "offset": [180, 204]}, {"key": "the-property", "type": "clause", "offset": [228, 240]}, {"key": "designated-representative", "type": "definition", "offset": [290, 315]}, {"key": "completion-or-termination-of-this-agreement", "type": "clause", "offset": [321, 364]}, {"key": "vendor-shall", "type": "clause", "offset": [389, 401]}, {"key": "liable-for-damages", "type": "clause", "offset": [409, 427]}, {"key": "arising-out-of", "type": "definition", "offset": [448, 462]}, {"key": "work-products", "type": "clause", "offset": [480, 493]}, {"key": "other-project", "type": "definition", "offset": [501, 514]}, {"key": "right-to-reproduce", "type": "clause", "offset": [562, 580]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [608, 634]}, {"key": "title-and-interest", "type": "clause", "offset": [660, 678]}, {"key": "the-data", "type": "clause", "offset": [682, 690]}, {"key": "retention-of", "type": "clause", "offset": [749, 761]}, {"key": "the-materials", "type": "definition", "offset": [830, 843]}, {"key": "information-and-documents", "type": "clause", "offset": [845, 870]}, {"key": "the-project", "type": "definition", "offset": [895, 906]}, {"key": "final-payment", "type": "clause", "offset": [913, 926]}, {"key": "right-and-license-to-use", "type": "clause", "offset": [1000, 1024]}, {"key": "derivative-works", "type": "clause", "offset": [1051, 1067]}, {"key": "source-code", "type": "definition", "offset": [1185, 1196]}, {"key": "in-connection-with", "type": "clause", "offset": [1207, 1225]}, {"key": "the-services-provided", "type": "clause", "offset": [1226, 1247]}, {"key": "the-parties-will", "type": "clause", "offset": [1347, 1363]}, {"key": "cooperate-with", "type": "clause", "offset": [1364, 1378]}, {"key": "other-documents", "type": "clause", "offset": [1407, 1422]}, {"key": "deemed-necessary", "type": "definition", "offset": [1444, 1460]}, {"key": "the-objectives", "type": "clause", "offset": [1472, 1486]}, {"key": "in-no-event-shall", "type": "clause", "offset": [1509, 1526]}, {"key": "the-deliverables", "type": "clause", "offset": [1626, 1642]}, {"key": "in-addition", "type": "clause", "offset": [1698, 1709]}, {"key": "general-knowledge", "type": "definition", "offset": [1743, 1760]}, {"key": "skills-and-experience", "type": "clause", "offset": [1762, 1783]}, {"key": "scope-of", "type": "clause", "offset": [1846, 1854]}, {"key": "in-the-course-of", "type": "definition", "offset": [1893, 1909]}, {"key": "providing-the-services", "type": "clause", "offset": [1910, 1932]}, {"key": "notwithstanding-anything-to-the-contrary-contained", "type": "clause", "offset": [1939, 1989]}, {"key": "all-intellectual-property", "type": "clause", "offset": [2034, 2059]}, {"key": "other-proprietary-data", "type": "definition", "offset": [2063, 2085]}, {"key": "owned-by", "type": "definition", "offset": [2086, 2094]}, {"key": "effective-date-of-this-agreement", "type": "definition", "offset": [2115, 2147]}, {"key": "exclusive-property", "type": "definition", "offset": [2193, 2211]}, {"key": "agreement-or", "type": "definition", "offset": [2359, 2371]}, {"key": "to-develop", "type": "definition", "offset": [2377, 2387]}, {"key": "rights-under-this-section", "type": "clause", "offset": [2427, 2452]}], "hash": "8e4e10ac42ce61bf4da48f3117522411", "id": 3}, {"snippet": "Executive agrees that all of Executive\u2019s work product (created solely or jointly with others, and including any intellectual property or moral rights in such work product), given, disclosed, created, developed or prepared in connection with Executive\u2019s employment with the Company, whether ensuing during or after Executive\u2019s employment with the Company (\u201cWork Product\u201d) shall exclusively vest in and be the sole and exclusive property of the Company and shall constitute \u201cwork made for hire\u201d (as that term is defined under Section 101 of the U.S. Copyright Act, 17 U.S.C. \u00a7 101) with the Company being the person for whom the work was prepared. In the event that any such Work Product is deemed not to be a \u201cwork made for hire\u201d or does not vest by operation of law in the Company, Executive hereby irrevocably assigns, transfers and conveys to the Company, exclusively and perpetually, all right, title and interest which Executive may have or acquire in and to such Work Product throughout the world, including without limitation any copyrights and patents, and the right to secure registrations, renewals, reissues, and extensions thereof. The Company and its Affiliates or their designees shall have the exclusive right to make full and complete use of, and make changes to all Work Product without restrictions or liabilities of any kind, and Executive shall not have the right to use any such materials, other than within the legitimate scope and purpose of Executive\u2019s employment with the Company. Executive shall promptly disclose to the Company the creation or existence of any Work Product and shall take whatever additional lawful action may be necessary, and sign whatever documents the Company may require, in order to secure and vest in the Company or its designee all right, title and interest in and to all Work Product and any intellectual property rights therein (including full cooperation in support of any Company applications for patents and copyright or trademark registrations).", "samples": [{"hash": "dgI8krnKEmM", "uri": "/contracts/dgI8krnKEmM#work-product", "label": "Employment Agreement", "score": 31.3408622742, "published": true}, {"hash": "lEI3cjCBVsW", "uri": "/contracts/lEI3cjCBVsW#work-product", "label": "Employment Agreement (Seaboard Corp /De/)", "score": 24.1567420959, "published": true}, {"hash": "cMJSix8WfY0", "uri": "/contracts/cMJSix8WfY0#work-product", "label": "Employment Agreement (Seaboard Corp /De/)", "score": 24.1567420959, "published": true}], "size": 57, "snippet_links": [{"key": "moral-rights", "type": "definition", "offset": [137, 149]}, {"key": "in-connection-with", "type": "clause", "offset": [222, 240]}, {"key": "employment-with-the-company", "type": "clause", "offset": [253, 280]}, {"key": "exclusive-property-of-the-company", "type": "clause", "offset": [417, 450]}, {"key": "work-made-for-hire", "type": "definition", "offset": [473, 491]}, {"key": "section-101", "type": "clause", "offset": [524, 535]}, {"key": "the-us", "type": "clause", "offset": [539, 546]}, {"key": "copyright-act", "type": "definition", "offset": [548, 561]}, {"key": "the-work", "type": "definition", "offset": [623, 631]}, {"key": "in-the-event", "type": "clause", "offset": [646, 658]}, {"key": "by-operation-of-law", "type": "definition", "offset": [746, 765]}, {"key": "to-the-company", "type": "clause", "offset": [842, 856]}, {"key": "title-and-interest", "type": "clause", "offset": [898, 916]}, {"key": "the-world", "type": "definition", "offset": [992, 1001]}, {"key": "including-without-limitation", "type": "clause", "offset": [1003, 1031]}, {"key": "copyrights-and-patents", "type": "clause", "offset": [1036, 1058]}, {"key": "the-right", "type": "clause", "offset": [1064, 1073]}, {"key": "to-secure", "type": "clause", "offset": [1074, 1083]}, {"key": "company-and-its-affiliates", "type": "clause", "offset": [1147, 1173]}, {"key": "right-to-make", "type": "clause", "offset": [1218, 1231]}, {"key": "full-and-complete", "type": "clause", "offset": [1232, 1249]}, {"key": "changes-to", "type": "clause", "offset": [1267, 1277]}, {"key": "all-work", "type": "clause", "offset": [1278, 1286]}, {"key": "right-to-use", "type": "definition", "offset": [1377, 1389]}, {"key": "purpose-of", "type": "clause", "offset": [1453, 1463]}, {"key": "in-order-to", "type": "clause", "offset": [1720, 1731]}, {"key": "intellectual-property-rights", "type": "clause", "offset": [1844, 1872]}, {"key": "full-cooperation", "type": "clause", "offset": [1892, 1908]}, {"key": "patents-and-copyright", "type": "clause", "offset": [1952, 1973]}, {"key": "trademark-registrations", "type": "definition", "offset": [1977, 2000]}], "hash": "8b6fac91c23c5df9a871af4d000389fe", "id": 6}, {"snippet": "For purposes of this Agreement Section 6, \u201cWork Product\u201d shall mean all intellectual property rights, including all trade secrets, U.S. and international copyrights, patentable inventions, discoveries and other intellectual property rights in any programming, design, documentation, technology, or other work product that is created in connection with Executive\u2019s work. In addition, all rights in any preexisting programming, design, documentation, technology, or other Work Product provided to the Company during Executive\u2019s employment shall automatically become part of the Work Product hereunder, whether or not it arises specifically out of Executive\u2019s \u201cWork.\u201d For purposes of this Agreement, \u201cWork\u201d shall mean (i) any direct assignments and required performance by or for the Company, and (ii) any other productive output that relates to the business of the Company and is produced during the course of Executive\u2019s employment or engagement by the Company. For this purpose, Work may be considered present even after normal working hours, away from the Company\u2019s premises, on an unsupervised basis, alone or with others. Unless otherwise approved in writing by the Company\u2019s Board, this Agreement shall apply to all Work Product created in connection with all Work conducted before or after the date of this Agreement. The Company shall own all rights in the Work Product. To this end, all Work Product shall be considered work made for hire for the Company. If any of the Work Product may not, by operation of law or agreement, be considered Work made by Executive for hire for the Company (or if ownership of all rights therein do not otherwise vest exclusively in the Company immediately), Executive agrees to assign, and upon creation thereof does hereby automatically assign, without further consideration, the ownership thereof to the Company. Executive hereby irrevocably relinquishes for the benefit of the Company and its assigns any moral rights in the Work Product recognized by applicable law. The Company shall have the right to obtain and hold, in whatever name or capacity it selects, copyrights, registrations, and any other protection available in the Work Product. Executive agrees to perform upon the request of the Company, during or after Executive\u2019s Work or employment, such further acts as may be necessary or desirable to transfer, perfect, and defend the Company\u2019s ownership of the Work Product, including by (i) executing, acknowledging, and delivering any requested affidavits and documents of assignment and conveyance, (ii) obtaining and/or aiding in the enforcement of copyrights, trade secrets, and (if applicable) patents with respect to the Work Product in any countries, and (iii) providing testimony in connection with any proceeding affecting the rights of the Company in any Work Product. In the event that Executive is required to perform the services described in this paragraph after his employment with the Company has terminated, Executive will be reasonably compensated for actual time spent providing such services. Executive warrants that his Work for the Company does not and will not in any way conflict with any obligations Executive may have with any prior employer or contractor. Executive also agrees to develop all Work Product in a manner that avoids even the appearance of infringement of any third party\u2019s intellectual property rights.", "samples": [{"hash": "jh40DgLbRyO", "uri": "/contracts/jh40DgLbRyO#work-product", "label": "Retirement Transition and Award Agreement (Texas Capital Bancshares Inc/Tx)", "score": 28.414100647, "published": true}, {"hash": "j6knjFE5f7B", "uri": "/contracts/j6knjFE5f7B#work-product", "label": "Executive Employment Agreement (Texas Capital Bancshares Inc/Tx)", "score": 25.9746742249, "published": true}, {"hash": "6YCZtfQWfKf", "uri": "/contracts/6YCZtfQWfKf#work-product", "label": "Executive Employment Agreement (Texas Capital Bancshares Inc/Tx)", "score": 25.9746742249, "published": true}], "size": 46, "snippet_links": [{"key": "section-6", "type": "definition", "offset": [31, 40]}, {"key": "all-intellectual-property-rights", "type": "clause", "offset": [68, 100]}, {"key": "trade-secrets", "type": "definition", "offset": 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Director hereby irrevocably assigns to the Company all right, title and interest worldwide in and to any deliverables resulting from the Director\u2019s services as a director to the Company (\u201cDeliverables\u201d), and to any ideas, concepts, processes, discoveries, developments, formulae, information, materials, improvements, designs, artwork, content, software programs, other copyrightable works, and any other work product created, conceived or developed by you (whether alone or jointly with others) for the Company during or before the term of this Agreement, including all copyrights, patents, trademarks, trade secrets, and other intellectual property rights therein (the \u201cWork Product\u201d). Director retains no rights to use the Work Product and agrees not to challenge the validity of our ownership of the Work Product. Director agrees to execute, at Company\u2019s request and expense, all documents and other instruments necessary or desirable to confirm such assignment. In the event that Director does not, for any reason, execute such documents within a reasonable time after the Company\u2019s request, Director hereby irrevocably appoint the Company as Director\u2019s attorney-in-fact for the purpose of executing such documents on your behalf, which appointment is coupled with an interest. 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(the \u201cWork Product\u201d). All Work Product shall be and remain the property of Holding Co. To the extent that any such Work Product may not, under applicable law, be considered works made for hire, the Executive hereby grants, transfers, assigns, conveys and relinquishes, and agrees to grant, transfer, assign, convey and relinquish from time to time, on an exclusive basis, all of his right, title and interest in and to the Work Product to the Holding Co. in perpetuity or for the longest period otherwise permitted by law. Consistent with his recognition of Holding Co.\u2019s absolute ownership of all Work Product, the Executive agrees that he shall (i) not use any Work Product for the benefit of any party other than Holding Co. and (ii) perform such acts and execute such documents and instruments as Holding Co. may now or hereafter deem reasonably necessary or desirable to evidence the transfer of absolute ownership of all Work Product to Holding Co.; provided, however, if following ten days\u2019 written notice from Holding Co., the Executive refuses, or is unable, due to disability, incapacity, or death, to execute such documents relating to the Work Product, he hereby appoints any of Holding Co.\u2019s officers as his attorney-in-fact to execute such documents on his behalf. 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negotiation leverage exists regarding work product rights in similar agreements?"], "drafting_tip": "Define \"Work Product\" precisely to avoid ambiguity; specify ownership and usage rights to ensure enforceability; clarify exceptions to prevent unintended transfer of pre-existing IP.", "explanation": "The Work Product clause defines the ownership and rights associated with any materials, deliverables, or intellectual property created during the course of a project or engagement. Typically, this clause specifies whether the client or the service provider retains rights to the work produced, and may outline any exceptions, such as pre-existing materials or third-party components. Its core function is to clearly allocate ownership and usage rights, thereby preventing disputes over who controls or can use the results of the contracted work."}, "json": true, "cursor": ""}}