RIGHTS IN DEVELOPMENTS. All right, title and interest in and to any and all inventions, innovations, designs, artwork, logos, trade dress, ideas, processes, improvements, trade secrets and patentable and copyrightable material (and all other intellectual property rights therein) that the Executive develops or conceives of, solely or jointly with others, whether or not patentable or copyrightable, at any time during the employment of the Executive by the Company and which relate to potential or actual business activities of the Company (collectively, “Developments”) will be owned by the Company. For greater certainty, inventions or innovations that meet the following conditions will not be considered Developments if, and only if: (a) the invention or innovation was developed entirely on the Executive's own time; and (b) no equipment, supplies or facilities of the Company were used in its development.
Appears in 2 contracts
Sources: Executive Employment Agreement (Electrameccanica Vehicles Corp.), Executive Employment Agreement (Electrameccanica Vehicles Corp.)