Inventor Remuneration definition

Inventor Remuneration means any employee inventor consideration, remuneration or compensation that is required under applicable law for work-for-hire inventions acquired by the employer. Examples may include employee inventions arising in Germany, France, China, Japan, and Korea.
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Inventor Remuneration means any employee inventor consideration, remuneration or compensation that is required under applicable law for work-for-hire inventions acquired by the employer.
Sample 1Sample 2Sample 3
Inventor Remuneration means any remuneration payments made to an Inventor pursuant to remuneration obligations pursuant to the German Employee Invention Act or the Austrian law for service inventions or, if an Invention had not been claimed (in Anspruch genommen) by Seller or Seller’s Affiliates and is subsequently acquired by Seller, Buyer or any of their Affiliates, pursuant to the underlying agreement on the transfer of the respective Invention from the Inventor to the Seller, its Affiliates, Buyer or its Affiliates, in each case irrespective of whether such payments are or become due prior to or after the Closing (for the avoidance of doubt, excluding any expenses, overhead and other costs). “Pre-Closing Remuneration” shall mean any Inventor Remuneration relating to the use of an Invention in the time period prior to the Closing, including lump sum payments solely to the extent they relate to the use of the Invention in the time period prior to the Closing and excluding Post-Closing Lump Sum Payments. “Post-Closing Remuneration” shall mean any Inventor Remuneration relating to the use of an Invention in the time period after the Closing, including lump sum payments to the extent they relate (i) to the sale or transfer of the Purchased Intellectual Property by Seller or a Seller’s Affiliate to Buyer or a Buyer Designee (excluding, for the avoidance of doubt, payments that relate to the use of the Invention in the time period prior to the Closing) or (ii) to the use of an Invention within the Purchased Intellectual Property in the time period after the Closing (such lump sum payments, the “Post-Closing Lump Sum Payments”).
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Examples of Inventor Remuneration in a sentence

  • If the determination, adjustment, adaption or other assessment of an Employee Inventor Remuneration Entitlement is, or becomes after the Effective Time, the subject matter of: (x) any Proceeding; (y) any consultations, negotiations or agreement with the relevant employee or a body of employees; or (z) a unilateral decision of a Party (each of (x) through (z), including any appeals, a “ Remuneration Assessment”), the Parties shall cooperate with respect to such Remuneration Assessment in good faith.

  • If and to the extent that the actions or events that give rise to an Employee Inventor Remuneration Entitlement are related exclusively to Licensor, Licensor shall indemnify and hold harmless Licensee from and against the Employee Inventor Remuneration Entitlements resulting from such actions and events.

  • If and to the extent that the actions or events that give rise to an Employee Inventor Remuneration Entitlement are related exclusively to Licensee, Licensee shall indemnify and hold harmless Licensor from and against the Employee Inventor Remuneration Entitlements resulting from such actions or events.

  • Inventor Remuneration SIPO’s draft service invention regulations from 2012 are of great concern to industry in China.The Draft Regulations provide regulations on the ownership of inventions, the employmentrelationship, and the companies’ commercialization of inventions.

  • Inventor Remuneration SIPO’s draft service invention regulations from 2012 are of great concern to industry in China.

  • Inventor Remuneration SIPO’s draft service invention regulations are of great concern to industry in China.

  • In lieu of the foregoing provisions of this clause (ii), if it turns out that the position taken by and the Inventor Remuneration paid to an individual Inventor would or would reasonably be expected to impact the practice of payment of Inventor Remuneration to a larger group of Inventors and create a precedent, Seller and Buyer shall instead agree in good faith on the Inventor Remuneration to be paid to such individual Inventor.

  • Inventor Remuneration One of the most controversial legislative actions among industry in 2012 was the draft Regulations on Employment Invention prepared by SIPO.

  • Government perspectiveThe drafting process of China’s laws, e.g. the forth revision of the Patent Law, the Regulation on Inventor Remuneration and other areas such as anti-unfair competition and protection of trade secrets are a good example of how IPR protection has been further developed.

  • The Parties shall use Reasonable Commercial Efforts to assist each other in the administration of and defence against claims of Inventors which are subject of this Section 9.9 and shall cooperate to keep Inventor Remuneration to Inventors to the statutory minimum and to avoid or minimize, to the extent legally permissible, any lump sum payments.

Related to Inventor Remuneration

  • Remuneration means any money or its equivalent given or passed to any person for services rendered by him and includes perquisites as defined under the Income-tax Act, 1961;

  • Remuneration Report means the remuneration report which forms part of the Directors’ Report of the Company for the financial year ended 30 June 2022 and which is set out in the 2022 Annual Report.

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Base Pay means Executive’s annual base salary rate as in effect from time to time.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Annual Service Charge as of any date means the maximum amount which is payable in any period for interest on, and original issue discount of, Debt of the Company and its Subsidiaries and the amount of dividends which are payable in respect of any Disqualified Stock.

  • Monthly salary means the gross amount paid to a participant making a claim under s. 40.65, at the time he or she becomes disabled within the meaning of s. 40.65 (4), by the employer in whose employ the injury occurred or the disease was contracted. Overtime pay may not be considered part of an employee’s monthly salary unless the employee received it on a regular and dependable basis.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Core Earnings means the net income (loss), computed in accordance with GAAP, excluding (i) non-cash equity compensation expense, (ii) the Incentive Compensation, (iii) acquisition fees, (iv) financing fees, (v) depreciation and amortization, (vi) any unrealized gains or losses or other non-cash items that are included in net income for the applicable reporting period, regardless of whether such items are included in other comprehensive income or loss, or in net income, and (vii) one-time events pursuant to changes in GAAP and certain non-cash charges, in each case after discussions between the Manager and the Independent Directors and approved by a majority of the Independent Directors.

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after the effective date of the NYSE listing standard, (ii) after the person became an Executive Officer and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association.

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Service Year means fiscal year, except that:

  • Annual Compensation means an amount equal to the greater of:

  • Creditable compensation means the full compensation payable annually to an employee working

  • Service benefit means the credit toward retirement benefits as determined by the

  • Training costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • Final compensation of a member means:

  • Societal benefits charge means a charge imposed by an electric

  • Base Earnings means base salary and wages payable by the Company or a Participating Subsidiary to an Eligible Employee, prior to pre-tax deductions for contributions to qualified or non-qualified (under the Code) benefit plans or arrangements, and excluding bonuses, incentives and overtime pay but including commissions.

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Disposable earnings means that part of the earnings of an

  • Servicing Compensation With respect to each Distribution Date, the sum of (i) the aggregate Servicing Fee for such Distribution Date subject to reduction as provided in Section 3.17, (ii) any Ancillary Income, (iii) Excess Proceeds for the preceding month and (iv) the Servicer Custodial Account Reinvestment Income for such Distribution Date.

  • Requisition Compensation includes all compensation or other moneys payable by reason of any act or event such as is referred to in paragraph (b) of the definition of “Total Loss”;

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.