Common use of Ownership of Works and Inventions Clause in Contracts

Ownership of Works and Inventions. Except for Inventions (defined below) which the Executive has conceived, acquired or made prior to his employment with the Company, the Executive hereby assigns to the Company all rights, title and interest he may now or in the future have in and to the Inventions and waives his moral rights to any and all copyrights subsisting in the Inventions. If required by the Company, the Executive will sign any applications or other documents the Company may reasonably request: (i) to obtain or maintain patent, copyright, industrial design, trade m▇▇▇ or other similar protection for the Inventions, (ii) to transfer ownership of the Inventions to the Company, and (iii) to assist the Company in any proceeding necessary to protect and preserve the Inventions. The Company will pay for all expenses associated with preparing and filing such documents. The Executive agrees that the Company will have exclusive ownership in all ideas, works, discoveries, inventions, formulae, algorithms, techniques, processes, know how, trade secrets and other intellectual property, including all expressions of such intellectual property in tangible form, which are used in or relate to the Company's business and which the Executive conceives of or makes for the Company or its subsidiaries or affiliates during the Executive’s employment with the Company (together, “Inventions”) and that the Executive will promptly disclose the Inventions to the Company in writing. This will be the case, whether or not an Invention is: (i) capable of being protected by copyright, patent, industrial design, trade m▇▇▇ or other similar legal protection, (ii) conceived of or made by the Executive during or outside his regular working hours, or (iii) conceived of or made by the Executive alone or jointly with others. However, it is acknowledged and agreed that this Article will not apply to any Invention developed by the Employee outside his regular working hours if such Invention: (i) was not within the scope of the Executive’s employment duties, (ii) was developed without the use of Confidential Information, and (iii) was developed without the use of any of the Company’s resources.