Common use of Inventions Intellectual Property Clause in Contracts

Inventions Intellectual Property. The Employee acknowledges and confirms that any and all inventions, product designs and specifications, and other intellectual property developed or utilized by the Employee during the period of his employment hereunder constitutes, as between the Company and the Employee, the sole and exclusive property of the Company for which the Employee is being adequately compensated hereunder; and the Employee shall execute and deliver any and all applications, assignments and other documents as may be requested by the Company to establish, protect and enforce the Company's rights in and to such intellectual property.