Common use of ASSIGNMENT OF THE TECHNOLOGY Clause in Contracts

ASSIGNMENT OF THE TECHNOLOGY. Upon the execution of this Agreement by the Parties, ▇▇▇▇▇▇▇▇ does hereby assign, transfer and convey unto EPC all of ▇▇▇▇▇▇▇▇’▇ right, title and interest in and to that certain technology, invention, design, improvement, or any related intellectual property known as the Gas Assisted Downhole Pump, which is more fully described on Exhibit A, which is attached hereto and incorporated herein by reference (hereinafter referred to as the “Technology”).

ASSIGNMENT OF THE TECHNOLOGY. Upon the execution of this Agreement by the Parties, ▇▇▇▇▇▇▇▇ does hereby assign, transfer and convey unto EPC all of ▇▇▇▇▇▇▇▇’'▇ right, title and interest in and to that certain technology, invention, design, improvement, or any related intellectual property known as the Gas Assisted Downhole Pump, which is more fully described on Exhibit A, which is attached hereto and incorporated herein by reference (hereinafter referred to as the “"Technology”").