noncompete1.docx
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noncompete1
Employment,ConfidentialInformation,
andInventionAssignmentAgreement
Asaconditionofmyemploymentwith________________________________________________[NameofCompany],itssubsidiaries,affiliates,successorsorassigns(togetherthe"Company"),andinconsiderationofmyfurtheremploymentwiththeCompanyandmyreceiptofthecompensationnowandhereafterpaidtomebyCompanyandtheCompany’sagreementinSection2(a)(i),IagreetothefollowingtermsandconditionsofthisEmployment,ConfidentialInformationandInventionAssignmentAgreement(the"Agreement"):
1. At-WillEmployment. IUNDERSTANDANDACKNOWLEDGETHATMYEMPLOYMENTWITHTHECOMPANYISFORANUNSPECIFIEDDURATIONANDCONSTITUTES"AT-WILL"EMPLOYMENT. IALSOUNDERSTANDTHATANYREPRESENTATIONTOTHECONTRARYISUNAUTHORIZEDANDNOTVALIDUNLESSOBTAINEDINWRITINGANDSIGNEDBYANAUTHORIZEDREPRESENTATIVEOFTHECOMPANY. IACKNOWLEDGETHATTHISEMPLOYMENTRELATIONSHIPMAYBETERMINATEDATANYTIME,WITHORWITHOUTGOODCAUSEORFORANYORNOCAUSE,ATTHEOPTIONEITHEROFTHECOMPANYORMYSELF,WITHORWITHOUTNOTICE.
2. ConfidentialInformation.
(a) CompanyInformation.
(i) TheCompanyagreesthatuponthecommencementofmyemployment,itwillmakeavailabletomethatConfidentialInformationoftheCompanythatwillenablemetooptimizetheperformanceofmydutiestotheCompany. Inexchange,IagreetousesuchConfidentialInformationsolelyfortheCompany’sbenefit. Notwithstandingtheprecedingsentence,IagreethatupontheterminationofmyemploymentinaccordancewithSection1,theCompanyshallhavenoobligationtoprovideorotherwisemakeavailabletomeanyofitsConfidentialInformation. Iunderstandthat"ConfidentialInformation"meansanyCompanyproprietaryinformation,technicaldata,tradesecretsorknow-how,including,butnotlimitedto,research,productplans,products,services,customerlistsandcustomers(including,butnotlimitedto,customersoftheCompanyonwhomIcalledorwithwhomIbecameacquaintedduringthetermofmyemployment),markets,software,developments,inventions,processes,formulas,technology,designs,drawings,engineering,hardwareconfigurationinformation,marketing,financesorotherbusinessinformationdisclosedtomebytheCompanyeitherdirectlyorindirectlyinwriting,orallyorbydrawingsorobservationofpartsorequipment. IfurtherunderstandthatConfidentialInformationdoesnotincludeanyoftheforegoingitemswhichhasbecomepubliclyknownandmadegenerallyavailablethroughnowrongfulactoromissionofmineorofotherswhowereunderconfidentialityobligationsastotheitemoritemsinvolvedorimprovementsornewversionsthereof.
(ii) Iagreeatalltimesduringthetermofmyemploymentandthereafter,toholdinstrictestconfidence,andnottouse,exceptfortheexclusivebenefitoftheCompany,ortodisclosetoanyperson,firmorcorporationwithoutwrittenauthorizationoftheBoardofDirectorsoftheCompany,anyConfidentialInformationoftheCompany.
(b) FormerEmployerInformation. IagreethatIwillnot,duringmyemploymentwiththeCompany,improperlyuseordiscloseanyproprietaryinformationortradesecretsofanyformerorconcurrentemployerorotherpersonorentityandthatIwillnotbringontothepremisesoftheCompanyanyunpublisheddocumentorproprietaryinformationbelongingtoanysuchemployer,personorentityunlessconsentedtoinwritingbysuchemployer,personorentity.
(c) ThirdPartyInformation. IrecognizethattheCompanyhasreceivedandinthefuturewillreceivefromthirdpartiestheirconfidentialorproprietaryinformationsubjecttoadutyontheCompany’sparttomaintaintheconfidentialityofsuchinformationandtouseitonlyforcertainlimitedpurposes. Iagreetoholdallsuchconfidentialorproprietaryinformationinthestrictestconfidenceandnottodiscloseittoanyperson,firmorcorporationortouseitexceptasnecessaryincarryingoutmyworkfortheCompanyconsistentwiththeCompany’sagreementwithsuchthirdparty.
3. Inventions.
(a) InventionsRetainedandLicensed. Ihaveattachedhereto,asExhibitA,alistdescribingallinventions,originalworksofauthorship,developments,improvements,andtradesecretswhichweremadebymepriortomyemploymentwiththeCompany(collectivelyreferredtoas"PriorInventions"),whichbelongtome,whichrelatetotheCompany’sproposedbusiness,productsorresearchanddevelopment,andwhicharenotassignedtotheCompanyhereunder;or,ifnosuchlistisattached,IrepresentthattherearenosuchPriorInventions. IagreethatIwillnotincorporate,orpermittobeincorporated,anyPriorInventionownedbymeorinwhichIhaveaninterestintoaCompanyproduct,processormachinewithouttheCompany’spriorwrittenconsent. Notwithstandingtheforegoingsentence,if,inthecourseofmyemploymentwiththeCompany,IincorporateintoaCompanyproduct,processormachineaPriorInventionownedbymeorinwhichIhaveaninterest,theCompanyisherebygrantedandshallhaveanonexclusive,royalty-free,irrevocable,perpetual,worldwidelicensetomake,havemade,modify,useandsellsuchPriorInventionaspartoforinconnectionwithsuchproduct,processormachine.
(b) AssignmentofInventions. IagreethatIwillpromptlymakefullwrittendisclosuretotheCompany,willholdintrustforthesolerightandbenefitoftheCompany,andherebyassigntotheCompany,oritsdesignee,allmyright,title,andinterestinandtoanyandallinventions,originalworksofauthorship,developments,concepts,improvements,designs,discoveries,ideas,trademarksortradesecrets,whetherornotpatentableorregistrableundercopyrightorsimilarlaws,whichImaysolelyorjointlyconceiveordeveloporreducetopractice,orcausetobeconceivedordevelopedorreducedtopractice,duringtheperiodoftimeIamintheemployoftheCompany(collectivelyreferredtoas"Inventions"),exceptasprovidedinSection3(f)below. Ifurtheracknowledgethatalloriginalworksofauthorshipwhicharemadebyme(solelyorjointlywithothers)withinthescopeofandduringtheperiodofmyemploymentwiththeCompanyandwhichareprotectiblebycopyrightare"worksmadeforhire,"asthattermisdefinedintheUnitedStatesCopyrightAct. IunderstandandagreethatthedecisionwhetherornottocommercializeormarketanyInventiondevelopedbymesolelyorjointlywithothersiswithintheCompany’ssolediscretionandfortheCompany’ssolebenefitandthatnoroyaltywillbeduetomeasaresultoftheCompany’seffortstocommercializeormarketanysuchInvention.
(c) InventionsAssignedtotheUnitedStates. IagreetoassigntotheUnitedStatesgovernmentallmyright,title,andinterestinandtoanyandallInventionswheneversuchfulltitleisrequiredtobeintheUnitedStatesbyacontractbetweentheCompanyandtheUnitedStatesoranyofitsagencies.
(d) MaintenanceofRecords. IagreetokeepandmaintainadequateandcurrentwrittenrecordsofallInventionsmadebyme(solelyorjointlywithothers)duringthetermofmyemploymentwiththeCompany. Therecordswillbeintheformofnotes,sketches,drawings,andanyotherformatthatmaybespecifiedbytheCompany. TherecordswillbeavailabletoandremainthesolepropertyoftheCompanyatalltimes.
(e) PatentandCopyrightRegistrations. IagreetoassisttheCompany,oritsdesignee,attheCompany’sexpense,ineveryproperwaytosecuretheCompany’srightsintheInventionsandanycopyrights,patents,maskworkrightsorotherintellectualpropertyrightsrelatingtheretoinanyandallcountries,including,butnotlimitedto,thedisclosuretotheCompanyofallpertinentinformationanddatawithrespectthereto,theexecutionofallapplications,specifications,oaths,assignmentsandallotherinstrumentswhichtheCompanyshalldeemnecessaryinordertoapplyforandobtainsuchrightsandinordertoassignandconveytotheCompany,itssuccessors,assigns,andnomineesthesoleandexclusiverights,titleandinterestinandtosuchInventions,andanycopyrights,patents,maskworkrightsorotherintellectualpropertyrightsrelatingthereto. Ifurtheragreethatmyobligationtoexecuteorcausetobeexecuted,whenitisinmypowertodoso,anysuchinstrumentorpapersshallcontinueaftertheterminationofthisAgreement. IftheCompanyisunablebecauseofmymentalorphysicalincapacityorforanyotherreasontosecuremysignaturetoapplyforortopursueanyapplicationforanyUnitedStatesorforeignpatentsorcopyrightregistrationscoveringInventionsororiginalworksofauthorshipassignedtotheCompanyasabove,thenIherebyirrevocablydesignateandappointtheCompanyanditsdulyauthorizedofficersandagentsasmyagentandattorneyinfact,toactforandinmybehalfandsteadtoexecuteandfileanysuchapplicationsandtodoallotherlawfullypermittedactstofurthertheprosecutionandissuanceofletterspatentorcopyrightregistrationsthereonwiththesamelegalforceandeffectasifexecutedbyme.
(f) ExceptiontoAssignments. IunderstandthattheprovisionsofthisAgreementrequiringassignmentofInventionstotheCompanyshallnotapplytoanyinventionthatIhavedevelopedentirelyonmyowntimewithoutusingtheCompa