List of Inventions. Executive warrants that any invention(s) that Executive created, alone or with others, before beginning work for Company, and that Executive has rights in are listed on the attached Exhibit A (“Prior Inventions”). Executive acknowledges and agrees that Company would not employ Executive if Company did not believe all information provided by Executive to Company, including without limitation the information listed on Exhibit A, to be true, accurate and complete. If Executive does not list any inventions on Exhibit A, Executive’s signature on this Agreement acknowledges that Executive does not claim any Prior Inventions. In the event that Executive fails to include a Prior Invention on Exhibit A, Executive hereby grants to Company a perpetual, royalty-free, irrevocable, world-wide license to make, have made, use, modify, sell and otherwise exploit such invention(s) at Company’s discretion for use in Company’s business, and to license such rights to third parties.
Appears in 2 contracts
Sources: Executive Employment Agreement (Nautilus, Inc.), Executive Employment Agreement (Nautilus, Inc.)
List of Inventions. Executive warrants that any invention(s) that Executive created, alone or with others, before beginning work for Company, and that Executive has rights in are listed on the attached Exhibit A (“"Prior Inventions”"). Executive acknowledges and agrees that Company would not employ Executive if Company did not believe all information provided by Executive to Company, including without limitation the information listed on Exhibit A, to be true, accurate and complete. If Executive does not list any inventions on Exhibit A, Executive’s 's signature on this Agreement acknowledges that Executive does not claim any Prior Inventions. In the event that Executive fails to include a Prior Invention on Exhibit A, Executive hereby grants to Company a perpetual, royalty-free, irrevocable, world-wide license to make, have made, use, modify, sell and otherwise exploit such invention(s) at Company’s 's discretion for use in Company’s 's business, and to license such rights to third parties.
Appears in 1 contract
Sources: Executive Employment Agreement (Nautilus Group Inc)