Common use of INTELLECTUAL AND OTHER PROPERTY Clause in Contracts

INTELLECTUAL AND OTHER PROPERTY. 9.1 If at any time in the course of the employment the Executive makes or discovers or participates in the making or discovery of any Intellectual Property relating to or capable of being used in the business of the Company or any Associated Company the Executive shall immediately disclose full details of such Intellectual Property to the Company and at the request and expense of the Company shall do all things which may be necessary or desirable for obtaining appropriate forms of protection for the Intellectual Property in such parts of the world as may be specified by the Company and for vesting all rights in the same in the Company, any Associated Company or a company nominated by the Company. 9.2 The Executive hereby irrevocably appoints the Company to be his agent in his name and on his behalf to sign any instrument, execute or do any act and generally to use his name for the purpose of giving to the Company or its nominee the full benefit of the provisions of this Clause 9 and in favour of any third party a certificate in writing signed by any director or the secretary of the Company that any instrument or act falls within the authority conferred by this Clause 9 shall be conclusive evidence that such is the case. 9.3 The Executive hereby waives all of his moral rights in respect of any acts of the Company or any acts of third parties done with the Company’s authority in relation to any Intellectual Property which is the property of the Company by virtue of Clause 9.1. 9.4 All rights and obligations under this Clause in respect of Intellectual Property made or discovered by the Executive during the employment shall continue in full force and effect after the termination of his employment and shall be binding upon the Executive’s personal representatives. 9.5 The Executive acknowledges that any and all Intellectual Property created by the Executive during the course of his employment shall vest in, be owned by and constitute the property of the Company and to the extent that they do not automatically so vest by operation of law the Executive hereby assigns and transfers with full title guarantee such Intellectual Property. The Executive shall not be entitled to any remuneration (other than-salary payable under Clause 4.1 above) in relation to the assignment or transfer of rights under this Clause 9, except in relation to inventions and designs made by the Executive other than pursuant to his duties under this Agreement in accordance with article 332 paragraph 4 CO.