Common use of Business Opportunities and Intellectual Property Clause in Contracts

Business Opportunities and Intellectual Property. Executive hereby assigns and agrees to assign to the Company and its successors, assigns or designees, all of Executive’s right, title and interest in and to all Business Opportunities and Intellectual Property (as defined below), and further acknowledges and agrees that all Business Opportunities and Intellectual Property constitute the exclusive property of one or more of the Related Parties, as applicable.

Business Opportunities and Intellectual Property. Executive hereby assigns and agrees to assign to the Company and its successors, assigns or designees, designees all of Executive’s right, title and interest in and to all Business Opportunities and Intellectual Property (as defined below), and further acknowledges and agrees that all Business Opportunities and Intellectual Property constitute the exclusive property of one or more of the Related Parties, as applicableCompany.