Intellectual Property Rights Clause Example from Business Contracts

Intellectual Property Rights. (a) Consultant agrees that any and all inventions, trade secrets, ideas, data, programs, works of authorship, know-how, improvements, processes, discoveries, designs, techniques, and related information (collectively, "Inventions"), whether or not patentable or copyrightable, that the Consultant conceives or perfects: (1) as part of performing Services for the Company under this Agreement or (2) using the Company's Confidential Information (collectively, the "Company Work Product") shall be the ...sole and exclusive property of the Company. Consultant hereby assigns and agrees to assign to the Company his or her entire right, title and interest, including all intellectual-property rights, in and to such Company Work Product. -2- CONFIDENTIAL (b) Consultant agrees to execute, when requested, any documents deemed reasonably necessary by the Company to carry out the purposes of this Agreement. Consultant further agrees to assist the Company in every proper way to obtain, and from time to time enforce, United States and foreign patent and other intellectual property rights relating to Company Work Product including executing, verifying and delivering such documents and performing such other acts as the Company may reasonably request from time to time in applying for, obtaining, perfecting, sustaining, defending, and enforcing such rights and the assignment thereof. Consultant's obligation to assist the Company as described herein shall continue beyond the termination of this Agreement, provided that the Company shall compensate Consultant at a reasonable rate after termination of this Agreement for time Consultant actually spends performing the obligations described herein. (c) If the Company is unable, after reasonable effort, to secure Consultant's signature on any document needed to apply for, obtain, perfect, sustain, defend, or enforce any patents or other intellectual property rights relating to Company Work Product, Consultant hereby designates and appoints the Company and its duly authorized officers and agents as his or her agent and attorney in fact, with full power of substitution, to execute, verify and file applications and to do all other lawfully permitted acts necessary to apply for, obtain, perfect, sustain, defend, or enforce such rights with the same legal force and effect as if executed by Consultant. Such power of attorney shall be deemed coupled with an interest. (d) Consultant agrees to submit to the Company any proposed publication that contains any discussion relating to the Company, Confidential Information, Inventions, Company Work Product or work performed by Consultant for the Company hereunder. Consultant further agrees that no such publication shall be made without the prior written consent of the Company. View More