In a workplace, the term “work product” refers to anything created by an employee and becomes the property of the employer under certain conditions. Common examples include clothing designs, beverage formulas, or food recipes created by an employee and owned by the employer after the job is completed. Subscribe to America`s largest dictionary and get thousands of other definitions and an advanced search – ad-free! 7. Ownership of the product of labor. The parties agree that all work products, information or other materials created and developed by the Consultant in connection with the provision of the Services under this Agreement and all intellectual property rights arising therefrom (collectively, the “Work Product”) shall be the sole and exclusive property of the Company. The parties acknowledge that, to the fullest extent permitted by law, the Work Product is considered a “work made for hire” within the meaning of section 101 of the Copyright Act 1976, as amended (the “Copyright Act”) and that the Company shall be deemed to be the author and shall own all copyright and other rights therein. If the Work Product is not considered a “Leased Work” under copyright law, the Consultant hereby assigns to the Company all right, title and interest of the Consultant in and to the Work Product, including, but not limited to, all copyrights, rights of publicity and rights of use, reproduction and exploitation of the Work Product in all formats. Media or all channels, whether known now or created later. Ownership of the product of labor. The Consultant shall promptly and fully communicate to the Company all concepts, inventions, formulas, molecules, organisms, trade secrets, know-how, technical or commercial innovations, writings or other works of authorship and patents or patent rights created, put into practice or designed by the Consultant (whether patentable or protected by copyright and whether exclusively by the Consultant or jointly with others have been created). arising from the services provided by the Consultant to the Company or arising from the use of Confidential Information (together with all patents, copyrights and other proprietary rights arising therefrom, collectively, the “Works”). 5.
Ownership of the result of the work. To the extent Consultant creates a Work Product (as defined herein) in connection with the Services, the Consultant hereby agrees that such Work Product is and remains the property of Travelers. Work Product means all documents, data, works of authorship, concepts, presentations and reports related to the performance of the Services by the Consultant, including, but not limited to, all intellectual property rights therein. Consultant agrees that, to the fullest extent permitted by law, all Work Products are Rented Works for Travelers (as defined in 17 U.S.C. §101). To the extent that a Work Product is not a work rented by a traveler, the consultant irrevocably assigns and assigns (and agrees to assign, transfer and transfer) to travelers worldwide and perpetually all right, title and interest in and to all work results, including all intellectual property rights therein. The consultant does not have the right to withhold work product after the termination or expiry of the contract. There are a number of clauses and conditions that an employment contract may include to control the work product of employees. These are generally referred to as pre-invention assignment agreements. These agreements transfer to the company all ownership of the inventions and work results that the employee may create in the course of his employment. Agreements can vary considerably from contract to contract depending on the needs of the employer.
Such agreements may include the following provisions: c. Ownership of the Work Product. All the results of the work are considered to have been carried out by the consultant for the rent of the company and belong exclusively to the company and its agents. If any of the Work Products, including all related intellectual property rights, are not automatically owned by the Company in its entirety under the law, the Consultant agrees to assign and hereby assigns ownership of such Work Product, including all associated intellectual property rights, to the Company and its representatives. “Work Product” includes, but is not limited to, all writings (including Excel, Power Point, emails, etc.), programming, documentation, data compilations, reports and other media, documents or other objects produced as a result of the Consultant`s work or provided by the Consultant in connection with the performance of such work. Once a project is approved, a work product can provide information to the organization until the project is completed. In particular, a work product may provide information on agreements reached to define the scope of work and establish payment terms. In addition, a work product can also provide information about project details, including meeting agendas, meeting minutes, and travel reports. 3. Ownership of the product of labor.
The Consultant agrees that all Work Products (as defined below) are the sole and exclusive property of the Client. Consultant hereby irrevocably assigns all worldwide right, title and interest in and to any ideas, concepts, processes, discoveries, developments, formulas, information, materials, enhancements, designs, illustrations, content, software, other copyrighted works and other works created, designed or developed by the Consultant (alone or jointly with others) for the Client during the term of this Agreement. including all applicable copyrights, patents, trademarks, trade secrets and other intellectual property rights (the Work Product). For the avoidance of doubt, the Consultant and the Client acknowledge and agree that the Work Product as used in this Agreement expressly excludes ideas, concepts, processes, discoveries, developments, formulas, information, materials, improvements, designs, illustrations, content, software, other copyrighted works and any other work products created by the Consultant for any entity other than the Client, was designed or developed. including, but not limited to, [***], provided that in any event the Adviser does not fail to comply with its obligations under Section 5 below. The Consultant does not reserve any right to use the Work Product after the expiration of this Agreement and undertakes not to question the validity of the Client`s ownership of the Work Product. The Consultant undertakes not to use the intellectual property developed by third parties or by the Consultant other than in connection with the provision of the Services to the Client or their integration into the Work Product. At the Client`s request and solely with respect to the Work Product, the Consultant will take all steps reasonably necessary to assist the Client, at the Client`s expense, in obtaining and enforcing the rights to such Work Product on its own behalf. The Consultant`s obligation to assist the Client at the Client`s expense shall survive the termination of the Consultant`s relationship with the Client. 3. The Consultant hereby irrevocably assigns all worldwide right, title and interest in and to all deliverables specified in the Project Engagement, as well as in and to any ideas, concepts, processes, discoveries, developments, formulas, information, materials, enhancements, designs, illustrations, content, software, other copyrighted works and other works created, designed or developed by the Consultant (alone or jointly). with others, including employees or agents of the Consultant) for the Client during or prior to the term of this Agreement, including all copyrights, patents, trademarks, trade secrets and other intellectual property rights therein (collectively, the “Work Product”).
The Consultant does not reserve any right to use the Work Product and undertakes not to question the validity of the Client`s ownership of the Work Product. The goal of any project is to achieve and deliver something, often in the form of a good, a service, or a combination of both. In order for an organization to carry out a project, it must be able to pay for it. Once the organization has secured funding, it can initiate other project parameters.