Excluded and Licensed Inventions. Employee has attached as Schedule A a list describing all Inventions that Employee is currently developing and all Inventions belonging to Employee and made by Employee before Employee’s employment with Company that Employee wishes to confirm Employee’s ownership of under this Agreement. If no such list is attached, Employee represents that there are no such Inventions. As to any Invention in which Employee has an interest at any time before or during Employee’s employment with Company, Employee agrees that if Employee uses or incorporates such an Invention in any released or unreleased Company product, service, program, process, development or work in progress, or if Employee permits Company so to use or incorporate such an Invention, Company is hereby granted and shall have an irrevocable, perpetual, royalty-free, worldwide license to exercise any and all rights with respect to such Invention, including without limitation the right to protect, make, have made, use and sell that Invention without restriction and the right to sublicense those rights to others. This license shall be exclusive, subject only to any preexisting non-exclusive licenses or other pre-existing rights not subject to Employee’s control.
Appears in 2 contracts
Sources: Executive Employment Agreement (Bioject Medical Technologies Inc), Executive Employment Agreement (Bioject Medical Technologies Inc)