INTELLECTUAL PROPERTY RIGHTS

All intellectual property rights (as defined below) in all material (including without limitation; concepts, systems, designs, artwork, brands, domain names, slogans, marks, logos, advertising and promotional material, packaging, drawings, photographs, digital scans and images, illustrations, database, formulae documents, information, tooling, models, samples, test results, software, inventions, improvements, discoveries, formulations, spreadsheets, training modules, reports and other materials in any and all media) produced:

• During your working hours

• In the performance of your duties

• In connection with Renrod/Wellsway business

• Otherwise in the course of your employment

Will become the sole property of Renrod/Wellsway on creation, and you hereby assign such rights to Renrod/Wellsway. You hereby waive any and all moral rights which you may hold in the material.

In this Handbook, ‘intellectual property rights’ means domain names, patents, patenable rights, copyright, design rights, utility models, trade marks (whether or not any of the above are registered), trade names, rights in inventions, rights in data, database rights, rights in know-how and confidential information and all other intellectual and industrial property and similar or analogous rights existing under the laws of the country and all pending applications for the right to apply for or register the same (present, future and contingent, and including all renewals, extensions, revivals and all accrued rights of action).

The release of such intellectual property rights for use outside the Company will not normally be authorised and will require the consent of the Board of Directors.

Breach of intellectual property rights rules in the Company name may result in disciplinary action, which could lead to dismissal and legal action.

This Page Published January 19th 2007 (modified 1st July 2016)