Common use of Founders Clause in Contracts

Founders. All rights in, to and under all Intellectual Property created by the Acquired Companies founders for or on behalf or in contemplation of the Company (i) prior to the inception of the Acquired Companies or (ii) prior to their commencement of employment with the Acquired Companies and since the commencement of their employment have been duly and validly assigned to the Acquired Companies, no exclusion has been made thereto, and the Acquired Companies has no reason to believe that any such Person is unwilling to provide Parent or the Acquired Companies with such cooperation as may reasonably be required to complete and prosecute all appropriate United States and foreign Intellectual Property filings related thereto.

Appears in 1 contract

Sources: Merger Agreement (Remitly Global, Inc.)

Founders. All rights in, to and under all Intellectual Property Rights created by the Acquired Companies Company’s or its Subsidiary’s founders for or on behalf or in contemplation of the Company or any Subsidiary (i) prior to the inception of the Acquired Companies Company or any Subsidiary or (ii) prior to their commencement of employment with the Acquired Companies and since the commencement of their employment Company or any Subsidiary have been duly and validly assigned to the Acquired Companies, no exclusion has been made theretoCompany or any Subsidiary, and neither the Acquired Companies Company nor any Subsidiary has no any reason to believe that any such Person is unwilling to provide Parent the Company or any Subsidiary, the Acquired Companies Surviving Corporation or Acquiror with such cooperation as may reasonably be required to complete and prosecute all appropriate United States U.S. and foreign Intellectual Property patent and copyright filings related thereto.

Appears in 1 contract

Sources: Merger Agreement (Zuora Inc)

Founders. All rights in, to and under all Intellectual Property created by the Acquired Companies Company’s or any of the Subsidiaries’ founders for or on behalf or in contemplation of the Company or any of the Subsidiaries (i) prior to the inception of the Acquired Companies Company or any of the Subsidiaries or (ii) prior to their commencement of employment with the Acquired Companies and since Company or any of the commencement of their employment Subsidiaries have been duly and validly assigned to the Acquired Companies, no exclusion has been made thereto, Company or one of the Subsidiaries and the Acquired Companies has Company and the Subsidiaries have no reason to believe that any such Person is unwilling to provide Parent Acquirer or the Acquired Companies Company with such cooperation as may reasonably be required to complete and prosecute all appropriate United States and foreign Intellectual Property patent and copyright filings related thereto.

Appears in 1 contract

Sources: Merger Agreement (Etsy Inc)