Common use of Discoveries and Inventions Clause in Contracts

Discoveries and Inventions. Employee, in partial consideration of his employment and salary to be paid to him, hereby agrees to disclose promptly to Employer, or any subsidiary, parent, or affiliated company or its nominees, each and every discovery, improvement and/or invention made, conceived and/or developed by him whether during working hours or otherwise, during the entire period of his said employment, which discoveries, improvements and/or inventions are capable of use in any way in connection with the business of the Employer and for the same consideration, Employee does hereby grant and convey to Employer or its nominee, the entire right, title and interest, domestic and foreign, or such lesser interests as such Employer at its option in any particular case may choose to accept, in and to reach or all of said discoveries, improvements and/or inventions; and he does further agree to sign all applications for patents or copyrights, and to execute and deliver all assignments and other documents, and to perform all acts and do all things necessary to make this Agreement and the said grant and conveyance effective with respect to particular discoveries, improvements and/or inventions.

Discoveries and Inventions. Employee, in partial consideration of his employment and salary to be paid to him, hereby agrees to disclose promptly to Employer, or any subsidiary, parent, or affiliated company or its nominees, each and every discovery, improvement and/or invention made, conceived and/or developed by him whether during working hours or otherwise, during the entire period of his said employment, which discoveries, improvements and/or inventions are capable of use in any way in connection with the business of the Employer and for the same consideration, Employee does hereby grant and convey to Employer or its nominee, the entire right, title and interest, domestic and foreign, or such lesser interests as such Employer at its option in any particular case may choose to accept, in and to reach each or all of said discoveries, improvements and/or inventions; and he does further agree to sign all applications for patents or copyrights, and to execute and deliver all assignments and other documents, and to perform all acts and do all things necessary to make this Agreement and the said grant and conveyance effective with respect to particular discoveries, improvements and/or inventions.