Common use of Inventions and Intellectual Property Rights Clause in Contracts

Inventions and Intellectual Property Rights. 17.1 The Company is entitled on request to full details in writing of all Inventions and of all works embodying Intellectual Property Rights made wholly or partially by him/her at any time during the course of the Appointment which relate to, or are reasonably capable of being used in, the business of the Company or any Group Company. The Executive acknowledges that all Intellectual Property Rights subsisting (or which may in the future subsist) in all such Inventions and works shall automatically, on creation, vest in the Company absolutely. To the extent that they do not vest automatically, the Executive holds them on trust for the Company. The Executive agrees promptly to execute all documents and do all acts as may, in the opinion of the Company, be necessary to give effect to this clause 17. 17.2 The Executive hereby irrevocably waives all moral rights under the Copyright, Designs and Patents ▇▇▇ ▇▇▇▇ (and all similar rights in other jurisdictions) which the Executive has or will have in any existing or future works referred to in clause 17. 17.3 The Executive hereby agrees that upon request from the Company to execute such documents as may be required necessary to irrevocably appoint the Company to be the Executive’s attorney to execute and do any such instrument or thing and generally to use the Executive’s name for the purpose of giving the Company or its nominee the benefit of this clause 17 and acknowledges in favour of a third party that 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 17 shall be conclusive evidence that such is the case.

Appears in 1 contract

Sources: Service Agreement (Avis Budget Group, Inc.)

Inventions and Intellectual Property Rights. 17.1 13.1 Definitions used in this Clause 13 are set out below in Clause18. 13.2 The Company and/or ServiceNow, Inc. is entitled on request to full details in writing of all Inventions and of all works embodying Intellectual Property Rights made wholly or partially by him/her you at any time during the course of the Appointment your employment which relate to, or are reasonably capable of being used in, the business of the Company or and/or any Group Company. The Executive acknowledges You acknowledge that all Intellectual Property Rights subsisting (or which may in the future subsist) in all such Inventions and works shall automatically, on creation, vest in the Company absolutely. To the extent that they do not vest automatically, the Executive holds you agree that you will hold them on trust for the Company. The Executive agrees You agree promptly to execute all documents and do all acts as may, in the opinion of the Company, be necessary to give effect to this clause 17Clause 13. 17.2 The Executive 13.3 You hereby irrevocably waives waive all moral rights under the Copyright, Designs and Patents ▇▇▇ ▇▇▇▇ (and all similar rights in other jurisdictions) which the Executive has you have or will have in any existing or future works referred to in clause 17this Clause 13. 17.3 The Executive 13.4 You hereby agrees that upon request from the Company to execute such documents as may be required necessary to irrevocably appoint the Company to be the Executive’s your attorney to execute and do any such instrument or thing and generally to use the Executive’s your name for the purpose of giving the Company or its nominee the benefit of this clause 17 Clause 13 and acknowledges acknowledge in favour of a third party that 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 17 Clause 13 shall be conclusive evidence that such is the case.

Appears in 1 contract

Sources: Contract of Employment (ServiceNow, Inc.)