Common use of Obligations, Restrictions and Limitations Clause in Contracts

Obligations, Restrictions and Limitations. Executive understands that the Company, or its Affiliates, may enter into agreements or arrangements with agencies of the United States Government, and that the Company, or its Affiliates, as applicable, may be subject to laws and regulations which impose obligations, restrictions and limitations on it with respect to inventions and patents which may be acquired by it or which may be conceived or developed by Executives, consultants or other agents rendering services to it. Executive shall be bound by all such obligations, restrictions and limitations applicable to any such invention conceived or developed by him during the Term and shall take any and all further action which may be required to discharge such obligations and to comply with such restrictions and limitations.

Appears in 1 contract

Sources: Employment Agreement (Sporting Magic Inc)

Obligations, Restrictions and Limitations. Executive understands that the Company, or its Affiliates, Company may enter into agreements or arrangements with agencies of the United States Government, Government and that the Company, or its Affiliates, as applicable, Company may be subject to laws and regulations which impose obligations, restrictions and limitations on it with respect to inventions and patents which may be acquired by it or which may be conceived or developed by Executivesemployees, consultants or other agents rendering services to it. Executive agrees that he shall be bound by all such obligations, restrictions and limitations applicable to any such invention conceived or developed by him and relating to his employment with the Company during the Term term of this Agreement, and shall take any and all further action which may be required to discharge such obligations and to comply with such restrictions and limitations.

Appears in 1 contract

Sources: Executive Employment Agreement (Biosource International Inc)

Obligations, Restrictions and Limitations. The Executive understands that the Company, or its Affiliates, Company may enter into agreements or arrangements with agencies of the United States Government, and that the Company, or its Affiliates, as applicable, Company may be subject to laws and regulations which impose obligations, restrictions and limitations on it with respect to inventions and patents which may be acquired by it or which may be conceived or developed by Executives, consultants or other agents rendering services to it. The Executive shall be bound by all such obligations, restrictions and limitations applicable to any such invention conceived or developed by him during him/her while he/she is employed by the Term Company and shall take any and all further action which may be required to discharge such obligations and to comply with such restrictions and limitations.

Appears in 1 contract

Sources: Employment Agreement (Uroplasty Inc)