Common use of Developed Works Clause in Contracts

Developed Works. (a) ▇▇▇▇▇▇▇ will promptly disclose to the Company, in confidence and (if requested by the Company) in writing, any discoveries, inventions, data, information, procedures, conclusions and other results conceived, created, developed, made or prepared by ▇▇▇▇▇▇▇ in connection with or as a result of the performance of his Consulting Services or otherwise based on any Confidential Information received by ▇▇▇▇▇▇▇ (“Developed Works”). The Company will be the sole owner of all Developed Works and all intellectual property rights with respect thereto throughout the world. ▇▇▇▇▇▇▇ hereby irrevocably assigns to the Company all right, title and interest of ▇▇▇▇▇▇▇ in and to any and all Developed Works and all intellectual property rights with respect thereto, whether or not patentable, copyrightable or protectable as trade secrets. ▇▇▇▇▇▇▇ acknowledges that any Developed Work which is an original work of authorship and which is copyrightable is a “work made for hire,” as that term is defined in the United States Copyright Act. In addition to the foregoing assignment of Developed Works (and all intellectual property rights with respect thereto) to the Company, ▇▇▇▇▇▇▇ hereby irrevocably assigns to the Company any and all “moral rights” that ▇▇▇▇▇▇▇ may have in or with respect to any Developed Work, and ▇▇▇▇▇▇▇ forever waives and agrees not to assert any and all “moral rights” he may have in or with respect to any Developed Work. All Developed Works will constitute Confidential Information subject to the provisions of Section 7(b) above. (b) ▇▇▇▇▇▇▇ agrees to assist the Company in obtaining and, from time to time, enforcing United States and foreign intellectual property rights relating to Developed Works assigned hereunder to the Company. To that end, ▇▇▇▇▇▇▇ will execute, verify and deliver such documents and perform such other acts as the Company may reasonably request for use in applying for, obtaining, perfecting, evidencing, sustaining and enforcing such intellectual property rights and the assignment thereof. In addition, ▇▇▇▇▇▇▇ will execute, verify and deliver assignments of such intellectual property rights to the Company or its designee.

Appears in 1 contract

Sources: Transition Agreement (ClearPoint Neuro, Inc.)

Developed Works. (a) ▇▇▇▇▇▇ will promptly disclose to the Company, in confidence and (if requested by the Company) in writing, any discoveries, inventions, data, information, procedures, conclusions and other results conceived, created, developed, made or prepared by ▇▇▇▇▇▇ in connection with or as a result of the performance of his Consulting Services or otherwise based on any Confidential Information received by ▇▇▇▇▇▇ (“Developed Works”). The Company will be the sole owner of all Developed Works and all intellectual property rights with respect thereto throughout the world. ▇▇▇▇▇▇ hereby irrevocably assigns to the Company all right, title and interest of ▇▇▇▇▇▇ in and to any and all Developed Works and all intellectual property rights with respect thereto, whether or not patentable, copyrightable or protectable as trade secrets. ▇▇▇▇▇▇ acknowledges that any Developed Work which is an original work of authorship and which is copyrightable is a “work made for hire,” as that term is defined in the United States Copyright Act. In addition to the foregoing assignment of Developed Works (and all intellectual property rights with respect thereto) to the Company, ▇▇▇▇▇▇ hereby irrevocably assigns to the Company any and all “moral rights” that ▇▇▇▇▇▇ may have in or with respect to any Developed Work, and ▇▇▇▇▇▇ forever waives and agrees not to assert any and all “moral rights” he may have in or with respect to any Developed Work. All Developed Works will constitute Confidential Information subject to the provisions of Section 7(b) above. (b) ▇▇▇▇▇▇ agrees to assist the Company in obtaining and, from time to time, enforcing United States and foreign intellectual property rights relating to Developed Works assigned hereunder to the Company. To that end, ▇▇▇▇▇▇ will execute, verify and deliver such documents and perform such other acts as the Company may reasonably request for use in applying for, obtaining, perfecting, evidencing, sustaining and enforcing such intellectual property rights and the assignment thereof. In addition, ▇▇▇▇▇▇ will execute, verify and deliver assignments of such intellectual property rights to the Company or its designee.

Appears in 1 contract

Sources: Separation, Transition and Consulting Agreement (Mri Interventions, Inc.)

Developed Works. (a) ▇▇▇▇▇▇▇ Consultant will promptly disclose to the CompanyMRIC, in confidence and (if requested by the CompanyMRIC) in writing, any discoveries, inventions, data, information, procedures, conclusions and other results conceived, created, developed, made or prepared by ▇▇▇▇▇▇▇ Consultant in connection with or as a result of the performance of his Consulting Services or otherwise based on any Confidential Information received by ▇▇▇▇▇▇▇ Consultant (“Developed Works”). The Company MRIC will be the sole owner of all Developed Works and all intellectual property rights with respect thereto throughout the world. ▇▇▇▇▇▇▇ Consultant hereby irrevocably assigns to the Company MRIC all right, title and interest of ▇▇▇▇▇▇▇ Consultant in and to any and all Developed Works and all intellectual property rights with respect thereto, whether or not patentable, copyrightable or protectable as trade secrets. ▇▇▇▇▇▇▇ Consultant acknowledges that any Developed Work which is an original work of authorship and which is copyrightable is a “work made for hire,” as that term is defined in the United States Copyright Act. In addition to the foregoing assignment of Developed Works (and all intellectual property rights with respect thereto) to the CompanyMRIC, ▇▇▇▇▇▇▇ Consultant hereby irrevocably assigns to the Company MRIC any and all “moral rights” that ▇▇▇▇▇▇▇ Consultant may have in or with respect to any Developed Work, and ▇▇▇▇▇▇▇ Consultant forever waives and agrees not to assert any and all “moral rights” he may have in or with respect to any Developed Work. All Developed Works will constitute Confidential Information subject to the provisions of Section 7(b) 6 above. (b) ▇▇▇▇▇▇▇ Consultant agrees to assist the Company MRIC in obtaining and, from time to time, enforcing United States and foreign intellectual property rights relating to Developed Works assigned hereunder to the CompanyMRIC. To that end, ▇▇▇▇▇▇▇ Consultant will execute, verify and deliver such documents and perform such other acts as the Company MRIC may reasonably request for use in applying for, obtaining, perfecting, evidencing, sustaining and enforcing such intellectual property rights and the assignment thereof. In addition, ▇▇▇▇▇▇▇ Consultant will execute, verify and deliver assignments of such intellectual property rights to the Company MRIC or its designee.

Appears in 1 contract

Sources: Consulting Agreement (Mri Interventions, Inc.)