Common use of Notification and Disclosure Clause in Contracts

Notification and Disclosure. Employee shall promptly notify Company in writing of the existence and nature of, and shall promptly and fully disclose to Company, any and all ideas, improvements and inventions, whether or not they are believed to be patentable (all of which are hereinafter sometimes referred to as “Inventions”), which Employee has conceived or first actually reduced to practice and/or may conceive or first actually reduce to practice during the period of Employee’s employment or which Employee may conceive or reduce to practice within one (1) year after termination of employment, if such Inventions relate to a product or process upon which Employee worked during his last three (3) years of employment by Company. An Invention for which no equipment, supplies, facility or trade secret information of Company was used and which was developed entirely on Employee’s own time, and which does not relate to the business of Company or to Company’s actual or demonstrably anticipated research or development, or which does not result from any work performed by Employee for Company is not considered to be the property of Company.

Notification and Disclosure. Employee shall promptly notify the Company in writing of the existence and nature of, and shall promptly and fully disclose to the Company, any and all ideas, improvements and inventions, whether or not they are believed to be patentable (all of which are hereinafter sometimes referred to as “Inventions”), which Employee has conceived or first actually reduced to practice and/or may conceive or first actually reduce to practice during the period of Employee’s employment or which Employee may conceive or reduce to practice within one (1) year after termination of employment, if such Inventions relate to a product or process upon which Employee worked during his last three (3) years of employment by the Company. An Invention for which no equipment, supplies, facility or trade secret information of the Company was used and which was developed entirely on Employee’s own time, and which does not relate to the business of the Company or to the Company’s actual or demonstrably anticipated research or development, or which does not result from any work performed by Employee for Company the Company, is not considered to be the property of the Company.