Common use of Invention Assignments Clause in Contracts

Invention Assignments. Except as would not, individually or in the aggregate, reasonably be expected to be material to the business of the Parent Group, taken as a whole, each employee, consultant or independent contractor of the Parent Group involved in the development or creation of any Intellectual Property for or on behalf of the Parent Group has executed a written agreement containing a present assignment to the Parent Group of all such Intellectual Property or such Intellectual Property is owned by the Parent Group by operation of Law.

Appears in 3 contracts

Sources: Agreement and Plan of Merger (Herc Holdings Inc), Agreement and Plan of Merger (Herc Holdings Inc), Agreement and Plan of Merger (H&E Equipment Services, Inc.)