Common use of Inventions and Discoveries Clause in Contracts

Inventions and Discoveries. Executive agrees promptly to disclose in writing to the Company any invention or discovery made by him during the period of time that this Agreement remains in full force and effect, whether during or after working hours, in any business in which the Company is then engaged or which otherwise relates to any product or service dealt in by the Company and such inventions and discoveries shall be the Company’s sole property. Upon the Company’s request, Executive shall execute and assign to the Company all applications for copyrights and letters patent of the United States and such foreign countries as the Company may designate, and Executive shall execute and deliver to the Company such other instruments as the Company deems necessary to vest in the Company the sole ownership of all rights, title and interest in and to such inventions and discoveries, as well as all copyrights and/or patents. If services in connection with applications for copyrights and/or patents are performed by Executive at the Company’s request after the termination of his employment hereunder, the Company shall pay him reasonable compensation for such services rendered after termination of this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Adsouth Partners, Inc.), Employment Agreement (Adsouth Partners, Inc.), Employment Agreement (Netsmart Technologies Inc)

AutoNDA by SimpleDocs

Inventions and Discoveries. Executive agrees promptly to disclose in -------------------------- writing to the Company any invention or discovery made by him during the period of time that this Agreement remains in full force and effect, whether during or after working hours, in any business in which the Company is then engaged or which otherwise relates to any product or service dealt in by the Company and such inventions and discoveries shall be the Company’s 's sole property. Upon the Company’s 's request, Executive shall execute and assign to the Company all applications for copyrights and letters patent of the United States and such foreign countries as the Company may designate, and Executive shall execute and deliver to the Company such other instruments as the Company deems necessary to vest in the Company the sole ownership of all rights, title and interest in and to such inventions and discoveries, as well as all copyrights and/or patents. If services in connection with applications for copyrights and/or patents are performed by Executive at the Company’s 's request after the termination of his employment hereunder, the Company shall pay him reasonable compensation for such services rendered after termination of this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Netsmart Technologies Inc), Employment Agreement (Netsmart Technologies Inc), Employment Agreement (Netsmart Technologies Inc)

Inventions and Discoveries. Executive agrees promptly to disclose in writing to the Company any invention or discovery made by him during the period of time that this Agreement remains in full force and effect, whether during or after working hours, in any business in which the Company is then engaged or which otherwise relates to any product or service dealt in by the Company and such inventions and discoveries shall be the Company’s 's sole property. Upon the Company’s 's request, Executive shall execute and assign to the Company all applications for copyrights and letters patent of the United States and such foreign countries as the Company may designate, and Executive shall execute and deliver to the Company such other instruments as the Company deems necessary to vest in the Company the sole ownership of all rights, title and interest in and to such inventions and discoveries, as well as all copyrights and/or patents. If services in connection with applications for copyrights and/or patents are performed by Executive at the Company’s 's request after the termination of his employment hereunder, the Company shall pay him reasonable compensation for such services rendered after termination of this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Adsouth Partners, Inc.), Employment Agreement (Netsmart Technologies Inc), Employment Agreement (Netsmart Technologies Inc)

Inventions and Discoveries. Executive Manager agrees promptly to disclose in writing to the Company any invention or discovery made by him during the period of time that this Agreement remains in full force and effectTerm, whether during or after working hours, in any business in which the Company is then engaged or which otherwise relates to any product or service dealt in by the Company and such inventions and discoveries shall be the Company’s 's sole property. Upon the Company’s 's request, Executive Manager shall, and shall cause its members to, execute and assign to the Company all applications for copyrights and letters patent of the United States and such foreign countries as the Company may designate, and Executive Manager shall execute and deliver to the Company such other instruments as the Company deems necessary to vest in the Company the sole ownership of all rights, title and interest in and to such inventions and discoveries, as well as all copyrights and/or patents. If services in connection with applications for copyrights and/or patents are performed by Executive Manager at the Company’s 's request after the termination of his employment engagement hereunder, the Company shall pay him reasonable compensation for such services rendered after termination of this Agreement.

Appears in 2 contracts

Samples: Management Agreement (Techprecision Corp), Management Agreement (Lounsberry Holdings Ii Inc)

AutoNDA by SimpleDocs

Inventions and Discoveries. Executive Consultant agrees promptly to disclose in writing to the Company any invention or discovery made by him during the period of time that this Agreement remains in full force and effectTerm, whether during or after working hours, in any business in which the Company is then engaged or which otherwise relates to any product or service dealt in by the Company and such inventions and discoveries shall be the Company’s 's sole property. Upon the Company’s 's request, Executive Consultant shall execute and assign to the Company all applications for copyrights and letters patent of the United States and such foreign countries as the Company may designate, and Executive consultant shall execute and deliver to the Company such other instruments as the Company deems necessary to vest in the Company the sole ownership of all rights, title and interest in and to such inventions and discoveries, as well as all copyrights and/or patents. If services in connection with applications for copyrights and/or patents are performed by Executive Consultant at the Company’s 's request after the termination of his employment engagement hereunder, the Company shall pay him reasonable compensation for such services rendered after termination of this Agreement.

Appears in 2 contracts

Samples: Consulting Agreement (Adsouth Partners, Inc.), Adsouth Partners, Inc.

Time is Money Join Law Insider Premium to draft better contracts faster.