Common use of Ownership and Assignment of Inventions Clause in Contracts

Ownership and Assignment of Inventions. Employee agrees that, as to any techniques, processes, innovations, or inventions ("Inventions") made by Employee, solely or jointly with others, during the term hereof or prior to the Expiration Date which are made in whole or in part with Employer's equipment, supplies, facilities, trade secrets, or time, or which relate at the time of conception or reduction to practice to the business of Employer or the Employer's actual or demonstrably anticipated research or development of Employer or which relate to any work performed by the Employee for Employer, such Inventions shall belong to Employer and Employee hereby assigns all right, title, and interest to such Inventions to Employer.

Appears in 6 contracts

Samples: Employment Agreement (Penhall Co), Employment Agreement (Penhall Co), Employment Agreement (Penhall Co)

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