Common use of Assignment of Ownership Clause in Contracts

Assignment of Ownership. You agree that all the Inventions, Designs and Materials that (1) are developed using equipment, supplies, facilities or trade secrets of Calypte, (2) result from work performed by you for Calypte or (3) relate to Calypte's business or current or anticipated research and development, will be the sole and exclusive property of Calypte. You hereby irrevocably transfer and assign any and all of your right, title, and interest in and to Inventions, Designs and Materials, including but not limited to all patent rights, copyrights, trademarks and trade secrets, to Calypte. All Inventions, Designs and Materials will be the sole property of Calypte and Calypte will have the sole right to determine the treatment of any Inventions, Designs and Materials, including the right to keep them as trade secrets, to file and execute patent applications on them, to use and disclose them without prior patent application, to file registrations for copyright or trademark on them in its own name, or to follow any other procedure that Calypte deems appropriate. You acknowledge that copyrightable works prepared by you within the scope of your service hereunder are "works for hire" under the federal Copyright Act and that Calypte will be considered the author thereof. If Calypte files an original United States patent application covering any invention of which you are a named inventor, you will receive in each case from Calypte an inventor's fee of One Hundred Dollars $100.00 in cash as full compensation therefor. You will: (i) Disclose promptly in writing to Calypte all Inventions, Designs and Materials; and (ii) Cooperate with and assist Calypte to apply for, and to execute any applications and/or assignments reasonably necessary to obtain, any patent, copyright, trademark or other statutory protection for Inventions, Designs and Materials in Calypte's name as Calypte deems appropriate, provided that Calypte will reimburse you for any reasonable costs incurred by you, and your normal billing rate for reasonable time incurred, in connection therewith; and (iii) Otherwise treat all Inventions, Designs and Materials as "Confidential Information," as defined below. Your obligations to so disclose, assist, and execute will survive until the earlier of your death or disability or five years following any expiration or termination of this Agreement.

Appears in 3 contracts

Sources: Consulting Agreement (Calypte Biomedical Corp), Consulting Agreement (Calypte Biomedical Corp), Consulting Agreement (Calypte Biomedical Corp)

Assignment of Ownership. You agree that all the Inventions, Designs and Materials that (1) are developed using equipment, supplies, facilities or trade secrets of Calypte, (2) result from work performed by you for Calypte or (3) relate to Calypte's ’s business or current or anticipated research and development, will be the sole and exclusive property of Calypte. You hereby irrevocably transfer and assign any and all of your right, title, and interest in and to Inventions, Designs and Materials, including but not limited to all patent rights, copyrights, trademarks and trade secrets, to Calypte. All Inventions, Designs and Materials will be the sole property of Calypte and Calypte will have the sole right to determine the treatment of any Inventions, Designs and Materials, including the right to keep them as trade secrets, to file and execute patent applications on them, to use and disclose them without prior patent application, to file registrations for copyright or trademark on them in its own name, or to follow any other procedure that Calypte deems appropriate. You acknowledge that copyrightable works prepared by you within the scope of your service hereunder are "works for hire" under the federal Copyright Act and that Calypte will be considered the author thereof. If Calypte files an original United States patent application covering any invention of which you are a named inventor, you will receive in each case from Calypte an inventor's ’s fee of One Hundred Dollars $100.00 in cash as full compensation therefor. You will: (i) Disclose promptly in writing to Calypte all Inventions, Designs and Materials; and (ii) Cooperate with and assist Calypte to apply for, and to execute any applications and/or assignments reasonably necessary to obtain, any patent, copyright, trademark or other statutory protection for Inventions, Designs and Materials in Calypte's ’s name as Calypte deems appropriate, provided that Calypte will reimburse you for any reasonable costs incurred by you, and your normal billing rate for reasonable time incurred, in connection therewith; and (iii) Otherwise treat all Inventions, Designs and Materials as "Confidential Information," as defined below. Your obligations to so disclose, assist, and execute will survive until the earlier of your death or disability or five years following any expiration or termination of this Agreement.

Appears in 1 contract

Sources: Consulting Agreement (Calypte Biomedical Corp)

Assignment of Ownership. You agree that all the Inventions, Designs and Materials that (1i) are developed using equipment, supplies, facilities or trade secrets of Calypte, (2ii) result from work performed by you for Calypte or (3iii) relate to Calypte's business or current or anticipated research and development, will be the sole and exclusive property of Calypte. You hereby irrevocably transfer and assign any and all of your right, title, and interest in and to Inventions, Designs and Materials, including but not limited to all patent rights, copyrights, trademarks and trade secrets, to Calypte. All Inventions, Designs and Materials will be the sole property of Calypte and Calypte will have the sole right to determine the treatment of any Inventions, Designs and Materials, including the right to keep them as trade secrets, to file and execute patent applications on them, to use and disclose them without prior patent application, to file registrations for copyright or trademark on them in its own name, or to follow any other procedure that Calypte deems appropriate. You acknowledge that copyrightable works prepared by you within the scope of your service hereunder are "works for hire" under the federal Copyright Act and that Calypte will be considered the author thereof. If Calypte files an original United States patent application covering any invention of which you are a named inventor, you will receive in each case from Calypte an inventor's fee of One Hundred Dollars $100.00 in cash as full compensation therefor. You will: (i) Disclose promptly in writing to Calypte all Inventions, Designs and Materials; and (ii) Cooperate with and assist Calypte to apply for, and to execute any applications and/or assignments reasonably necessary to obtain, any patent, copyright, trademark or other statutory protection for Inventions, Designs and Materials in Calypte's name as Calypte deems appropriate, provided that Calypte will reimburse you for any reasonable costs incurred by you, and your normal billing rate for reasonable time incurred, in connection therewith; and (iii) Otherwise treat all Inventions, Designs and Materials as "Confidential Information," as defined below. Your obligations to so disclose, assist, and execute will survive until the earlier of your death or disability or five years following any expiration or termination of this Agreement.

Appears in 1 contract

Sources: Consulting Agreement (Calypte Biomedical Corp)