Common use of Assignment of Developments Clause in Contracts

Assignment of Developments. The Employee assigns and agrees to assign without further compensation to the Company and its successors, assigns or designees, all of the Employee’s right, title and interest in and to all Business Opportunities and Intellectual Property (as those terms are defined below), and further acknowledges and agrees that all Business Opportunities and Intellectual Property constitute the exclusive property of the Company.

Appears in 19 contracts

Sources: Employment Agreement (Ring Energy, Inc.), Employment Agreement (Ring Energy, Inc.), Employment Agreement (Ring Energy, Inc.)

Assignment of Developments. The Employee assigns and agrees to assign without further compensation to the Company Employer and its successors, assigns or designees, all of the Employee’s 's right, title and interest in and to all Business Opportunities and Intellectual Property (as those terms are defined below), and further acknowledges and agrees that all Business Opportunities and Intellectual Property constitute the exclusive property of the CompanyEmployer.

Appears in 4 contracts

Sources: Employment Agreement (Legacy Reserves L P), Employment Agreement (Legacy Reserves L P), Employment Agreement (Legacy Reserves L P)

Assignment of Developments. The Employee assigns and agrees to assign without further compensation to the Company and its successors, assigns or designees, all of the Employee’s 's right, title and interest in and to all Business Opportunities and Intellectual Property (as those terms are defined below), and further acknowledges and agrees that all Business Opportunities and Intellectual Property constitute the exclusive property of the Company.

Appears in 3 contracts

Sources: Employment Agreement (Linn Energy, LLC), Employment Agreement (Linn Energy, LLC), Employment Agreement (Linn Energy, LLC)

Assignment of Developments. The Employee assigns and agrees to assign and hereby assigns without further compensation to the Company and its successors, assigns or designees, all of the Employee’s right, title and interest in and to all Business Opportunities and Intellectual Property (as those terms are defined below)Property, and further acknowledges acknowledges, and agrees that all Business Opportunities and Intellectual Property constitute the exclusive property of the Company.

Appears in 2 contracts

Sources: Key Employee Agreement (Berry Corp (Bry)), Key Employee Agreement (Berry Corp (Bry))

Assignment of Developments. The Employee assigns and agrees to assign without further compensation to the Company and its successors, assigns or designees, all of the Employee’s right, title and interest in and to all Business Opportunities and Intellectual Property (as those terms are defined below)Property, and further acknowledges acknowledges, and agrees that all Business Opportunities and Intellectual Property constitute the exclusive property of the Company.

Appears in 1 contract

Sources: Key Employee Agreement (Berry Corp (Bry))

Assignment of Developments. The Employee assigns and agrees to assign without further compensation to the Company and its successors, assigns or designees, all of the Employee’s right, title and interest in and to all Business Opportunities and Intellectual Property (as those terms are defined below), and further acknowledges acknowledges, and agrees that all Business Opportunities and Intellectual Property constitute the exclusive property of the Company.

Appears in 1 contract

Sources: Employment Agreement (Berry Corp (Bry))

Assignment of Developments. The Employee assigns and agrees to assign without further compensation to the Company and its successors, assigns or designees, all of the EmployeeExecutive’s right, title and interest in and to all Business Opportunities and Intellectual Property (as those terms are defined below), and further acknowledges and agrees that all Business Opportunities and Intellectual Property constitute the exclusive property of the Company.

Appears in 1 contract

Sources: Executive Employment Agreement (Berry Petroleum Corp)

Assignment of Developments. The Employee assigns and agrees to assign without further compensation to the Company Employer, and its successors, assigns or designees, all of the Employee’s 's right, title and interest in and to all Business Opportunities and Intellectual Property (as those terms are defined below), and further acknowledges and agrees that all Business Opportunities and Intellectual Property constitute the exclusive property of the CompanyEmployer.

Appears in 1 contract

Sources: Employment Agreement (Legacy Reserves L P)