Developments and Inventions. (1) The Managing Director hereby grants the Company the exclusive right to use any and all technical, artistic and organizational developments. No special remuneration shall be owed for the grant of this right. (2) The above provisions shall apply mutatis mutandis to inventions of the Managing Director made by him in connection with the fulfillment of his contractual obligations or on the basis of developments of the Company.
Appears in 2 contracts
Sources: Contract of Employment (Data I/O Corp), Service Agreement (Data I/O Corp)