What does the following paragraph mean? I haven't heard of "perfection rights to innovation and proprietary information" before. It sounds like the company could sign on the employee's behalf.
Cooperation in Perfecting Rights to Innovations and Proprietary Information.
I agree to perform, during and after my employment, all acts deemed necessary or desirable by CoolCorp to permit and assist CoolCorp, at CoolCorp’s expense, in obtaining and enforcing the full benefits, enjoyment, rights and title throughout the world in the Proprietary Information (including improvements thereof) and Innovations (including derivative works, improvements, renewals, extensions, continuations, divisionals, continuations in part, continuing patent applications, reissues, and reexaminations thereof) assigned or licensed to, or whose rights are irrevocably waived and shall not be asserted against, CoolCorp under this Agreement. Such acts may include, but are not limited to, execution of documents and assistance or cooperation (1) in the filing, prosecution, registration, and memorialization of assignment of any applicable patents, copyrights, mask work, or other applications, (2) in the enforcement of any applicable patents, copyrights, mask work, moral rights, trade secrets, or other proprietary rights, and (3) in other legal proceedings related to the Proprietary Information or Innovations.
In the event that CoolCorp is unable to secure my signature to any document needed in connection with any of the actions specified in the preceding paragraph, I hereby irrevocably designate and appoint CoolCorp and CoolCorp’s duly authorized officers and agents as my agents and attorneys-in-fact, which appointment is coupled with an interest, to act for and on my behalf and instead of me, (1) to execute, verify and file, prosecute, register and memorialize the assignment of any such documents, (2) to execute, verify and file any documentation required for such enforcement, and (3) to do all other lawful acts to further the purposes of the preceding paragraph, all with the same legal force and effect as if executed by me.