PROPRIETARY RIGHTS; ASSIGNMENT. All Developments shall be made for hire by the Executive for ILG or any of its Affiliates. “Developments” means any idea, discovery, invention, design, method, technique, improvement, enhancement, development, computer program, machine, algorithm or other work or authorship that (i) relates to the business or operations of ILG or any of its Affiliates, or (ii) results from or is suggested by any undertaking assigned to the Executive or work performed by the Executive for or on behalf of ILG or any of its Affiliates, whether created alone or with others, during or after working hours. All Confidential Information and all Developments shall remain the sole property of ILG or any of its Affiliates. The Executive shall acquire no proprietary interest in any Confidential Information or Developments developed or acquired during the Term. To the extent the Executive may, by operation of law or otherwise, acquire any right, title or interest in or to any Confidential Information or Development, the Executive hereby assigns to ILG all such proprietary rights. The Executive shall, both during and after the Term, upon ILG’s request, promptly execute and deliver to ILG all such assignments, certificates and instruments, and shall promptly perform such other acts, as ILG may from time to time in its discretion deem necessary or desirable to evidence, establish, maintain, perfect, enforce or defend ILG’s rights in Confidential Information and Developments.
Appears in 3 contracts
Sources: Employment Agreement (ILG, Inc.), Employment Agreement (ILG, Inc.), Employment Agreement (Interval Leisure Group, Inc.)