The Executive agrees that any and all information, reports, other documents and other works (whether in an electronic format or otherwise) created by the Executive for or on behalf of the Corporation and the Bank during the Executive’s service with the Bank, whether or not developed on the Bank’s premises or equipment or during the Bank’s normal business hours (the “ Intellectual Property ”), are and shall remain works made for hire and the sole and exclusive property of the Corporation and the Bank. To the extent that such Intellectual Property is not considered work made for hire, the Executive hereby assigns to the Bank (or its nominee) any and all interest that the Executive may now or in the future have in the Intellectual Property. Upon request by the Bank, the Executive shall execute and deliver to the Bank any document or instrument that may be necessary to secure or perfect the Bank’s title to or interest in any Intellectual Property so assigned.