What is work product in a contract?

?Work Product? shall mean all materials, data, works of authorship, concepts, presentations and reports in connection with Consultant's performance of the Services, including, without limitation, all intellectual property rights therein.

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Consulting Agreement with Retiring Chief Technical officer with...

Bexar Texas Consulting Agreement with Retiring Chief Technical officer with Unique Technical Knowledge of Technology and Intellectual Property of Corporation

Name: Bexar Texas Consulting Agreement with Retiring Chief Technical officer with Unique Technical Knowledge of Technology and Intellectual Property of Corporation
Brand: US Legal Forms
Rating: 4.65 (385 reviews)

Category:

Contracts - Consultants

State:

Multi-State

County:

Bexar

Control #:

US-13135BG

Format:

Instant download

Description

A chief technology officer is the executive in charge of an organizations technological needs as well as its research and development. An individual examines the short & long term needs of organizations.

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FAQ

The consulting agreement is an agreement between a consultant and a client who wishes to retain certain specified services of the consultant for a specified time at a specified rate of compensation.

A consulting contract should offer a detailed description of the duties you will perform and the deliverables you promise the client. The agreement may also explain how much work you will perform at the client's office and how often you will work remotely.

It is important to note that consulting agreements are legally enforceable contracts.

The Consultant may, at any time, give 30 days' advance written notice to the Company of his intention to terminate this Agreement and on the expiration of such period this Agreement will be terminated.

?Work Product? shall mean all materials, data, works of authorship, concepts, presentations and reports in connection with Consultant's performance of the Services, including, without limitation, all intellectual property rights therein.

Under the law, the general rule is that the copyright in and to the work product of an individual employee or independent contractor is owned by that individual unless an exception applies. The ?Work for Hire? doctrine is an exception to such rule.

? - You need to understand the difference between work product and owned intellectual property. Work product is anything you produce specifically for the client. They own it after the project.

Any works copyrighted, ideas, discoveries, inventions, patents, products, or other information (collectively, the ?Work Product?) developed in whole or in part in Service Provider in connection with the Services shall be the exclusive property of the Client.

In an employment context, the term ?work product? refers to anything that an employee creates for an employer or at their place of employment for job purposes. Some common examples of work product are clothing designs, food or beverage recipes, graphics or logos, and product formulas.

Ultimately, both contractor and freelancer are perceived as professionals who actually take care of the job, while the consultant will just share their expertise and advice on steps that need to be done. Another difference is that they are exempt from liability sometimes, while contractor and freelancer aren't.

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These accounting policies, as well as others, are described in the Note 2 of "Notes to Consolidated Financial Statements.

Bexar Texas Consulting Agreement with Retiring Chief Technical officer with Unique Technical Knowledge of Technology and Intellectual Property of Corporation

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