Common use of Assignment of Intellectual Property Rights Clause in Contracts

Assignment of Intellectual Property Rights. Executive agrees to assign to the Company any and all intellectual property rights including patents, trademarks, copyrights and business plans or systems developed, authored or conceived by Executive, whether alone or jointly, while employed by and relating to the business of the Xxxxxx Entities. Executive agrees to cooperate with the Company to perfect ownership rights thereof in the Company. This agreement does not apply to an invention for which no equipment, supplies, facility or Confidential Information was used and which was developed entirely on Executive’s own time, unless: (1) the invention relates to the business of the Xxxxxx Entities or to actual or anticipated research or development of the Xxxxxx Entities; or (2) the invention results from any work performed by Executive for the Xxxxxx Entities.

Appears in 12 contracts

Samples: Employment Agreement (Lawson Products Inc/New/De/), Change in Control Agreement (Lawson Products Inc/New/De/), Employment Agreement (Lawson Products Inc/New/De/)

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Assignment of Intellectual Property Rights. Executive agrees to assign to the Company any and all intellectual property rights including patents, trademarks, copyrights and copyright arid business plans or systems developed, authored or conceived by Executive, whether alone or jointly, while employed by and relating to the business of the Xxxxxx Entities. Executive agrees to cooperate with the Company to perfect ownership rights thereof in the Company. This agreement does not apply to an invention for which no equipment, supplies, facility or Confidential Information was used and which was developed entirely on Executive’s own time, unless: (1) the invention relates to the business of the Xxxxxx Entities or to actual or anticipated research or development of the Xxxxxx Entities; or (2) the invention results from any work performed by Executive for the Xxxxxx Entities.

Appears in 2 contracts

Samples: Employment Agreement (Lawson Products Inc/New/De/), Employment Agreement (Lawson Products Inc/New/De/)

Assignment of Intellectual Property Rights. Executive agrees to assign to the Company any and all intellectual property rights including patents, trademarks, copyrights and copyright arid business plans or systems developed, authored or conceived by Executive, whether alone or jointly, while employed by and relating to the business of the Xxxxxx Entities. Executive agrees to cooperate with the Company to perfect ownership rights thereof in the Company. This agreement does not apply to an invention for which no equipment, supplies, facility or Confidential Information was used and which was developed entirely on Executive’s own time, unless: (1I) the invention relates to the business of the Xxxxxx Entities or to actual or anticipated research or development of the Xxxxxx Entities; or (2) the invention results from any work performed by Executive for the Xxxxxx Entities.

Appears in 1 contract

Samples: Employment Agreement (Lawson Products Inc/New/De/)

Assignment of Intellectual Property Rights. Executive agrees to assign to the Company any and all intellectual property rights including patents, trademarks, copyrights and business plans or systems developed, authored or conceived by Executive, whether alone or jointly, while employed by and relating to the business of the Xxxxxx Company Entities. Executive agrees to cooperate with the Company to perfect ownership rights thereof in the Company. This agreement does not apply to an invention for which no equipment, supplies, facility or Confidential Information was used and which was developed entirely on Executive’s own time, unless: (1) the invention relates to the business of the Xxxxxx Company Entities or to actual or anticipated research or development of the Xxxxxx Company Entities; or (2) the invention results from any work performed by Executive for the Xxxxxx Company Entities.

Appears in 1 contract

Samples: Severance Agreement (Snyder's-Lance, Inc.)

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Assignment of Intellectual Property Rights. The Executive agrees to assign to the Company any and all intellectual property rights including patents, trademarks, copyrights and copyright arid business plans or systems developed, authored or conceived by the Executive, whether alone or jointly, while employed by and relating to the business of the Xxxxxx EntitiesCompany. The Executive agrees to cooperate with the Company to perfect ownership rights thereof in the Company. This agreement does not apply to an invention for which no equipment, supplies, facility or Confidential Information of Company was used used1 and which was developed entirely on Executive’s the Executive1s own time, unless: (1) the invention relates to the business of the Xxxxxx Entities Company or to actual or anticipated research or development of the Xxxxxx EntitiesCompany; or (2) the invention results from any work performed by the Executive for the Xxxxxx EntitiesCompany.

Appears in 1 contract

Samples: Employment Agreement (Lawson Products Inc/New/De/)

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