Common use of Proprietary Information and Inventions Assignment Agreements Clause in Contracts

Proprietary Information and Inventions Assignment Agreements. The LLC shall cause each Person that becomes, after the date hereof and prior to the Closing Date, an employee or contractor of the LLC or any of its subsidiaries who will be involved in the development of, or have access to, any LLC IP to enter into and execute, a proprietary information and inventions assignment agreement with the LLC or any of its subsidiaries effective as of such employee’s or contractor’s first date of employment or service in a form satisfactory to Buyer.