1. Vendor hereby assigns and transfers to Regal, its successors and assigns, Vendor’s entire right, title, and interest in and to the Assigned Product Designs and all works based upon, derived from, or incorporating the Assigned Product Designs, including: (i) any copyright, trade dress, trademark, patent, design patent, trade secret, confidential information, know-how, process, technology, idea, concept, design right, or invention; (ii) any registrations and applications relating to any of the foregoing and any renewal and extensions thereof; (iii) any other proprietary or other intellectual property right in and to the Assigned Product Designs, whether arising under the laws of the United States or any other country; and (iv) all income, royalties, damages, claims and payments now or hereafter due or payable with respect thereto, and in and to all causes of action, either in law or in equity for past, present, or future infringement of the intellectual property rights in and to the Assigned Product Designs, and in and to all rights corresponding to the foregoing throughout the world.
2. In the event that Regal desires to file applications to register and/or protect the intellectual property rights of the Assigned Product Designs, including copyright, patent, design patent, trademark, trade dress, or any other intellectual property right, Vendor hereby agrees to cooperate with the filing of any such application, including signing and/or executing any forms, declarations or other documents associated with the applications. If Vendor does not respond to a request by Regal to cooperate with an application in the agreed-upon manner within ten (10) days after such a request is made, Vendor hereby agrees to grant Regal a limited power of attorney for the purpose of executing documents associated with the application on Vendor’s behalf.