Inventions, discoveries, copyright and documents

7.1. Any discovery or invention or secret process or improvement in procedure or novel concept relating to the Business made or discovered or innovated by the Employee in the course and scope of his employment by the Company in connection with or in any way affecting or relating to the Business of the Company or capable of being used or adapted for use by the Company or in connection with its Business shall be disclosed to the Company and shall belong to and be the absolute property of the Company or any other company nominated by it.

7.2. The Employee shall, if and when required by the Company, apply or join with the company concerned at its expense in applying for Letters Patent or other equivalent protection in the Czech Republic or in any other part of the world for such discovery, invention, process, improvement or novel concept and shall at the expense of the Company execute all instruments and do all things necessary for vesting the said Letters Patent or other equivalent protection in the name of the Company as sole beneficial owner or in the name of such other company as the Company may nominate.

7.3. Insofar as may be necessary the Employee hereby assigns to the Company the copyright in all present and future works eligible for copyright, including, without limitation, literary works or software programmes of which he may be the author, which works were or are created, compiled, devised or brought into being during the course and scope of his employment by the Company. No consideration shall be payable by the Company to the Employee in respect of this assignment.

7.4. All reports, manuals, financial statements, budgets, indices, research papers, letters or other similar documents (the nature of which is not limited by the specific reference to the aforegoing items) which are created, compiled or devised or brought into being by the Employee or come into the Employee’s possession during the course and scope of his employment and all copies thereof will be the property of the Company and, upon the Termination Date or earlier if required by the Company, such documents and all copies shall be returned to the Company.