Common use of Clearance Procedure for Proprietary Rights Not Claimed by SynQuest Clause in Contracts

Clearance Procedure for Proprietary Rights Not Claimed by SynQuest. If Executive ever wishes to create or develop, on Executive's own time and with Executive's own resources, anything that may be considered Work Product but as to which Executive believes Executive should be entitled to the personal benefit, Executive is required to follow the clearance procedure set forth in this Section 9.2 in order to ensure that SynQuest has no claim to the proprietary rights that may arise. Before Executive begins any development work on Executive's own time, Executive must give SynQuest advance written notice of Executive's plans and supply a description of the development under consideration. SynQuest will hold in confidence and not disclose any proprietary and confidential information contained in the description submitted by Executive. SynQuest will determine, in good faith, within thirty (30) days after Executive has fully disclosed Executive's plans to SynQuest, whether the development is claimed by SynQuest as Work Product. If SynQuest determines that it does not claim such development, Executive will be notified in writing and may retain ownership of the development to the extent of what has been disclosed to SynQuest. Executive should submit for further clearance any significant improvement, modification, or adaptation so that it can be determined whether the improvement, modification, or adaptation relates to the business or interests of SynQuest. Clearance under this procedure does not relieve Executive of the need to obtain the written consent of SynQuest pursuant to Section 8.1 before engaging in business activities or rendering business, commercial, or professional services for the benefit of anyone other than SynQuest (subject to the provisions of Section 8.1). SynQuest thus reserves the right to exercise greater control over development work that Executive might consider doing for profit after hours, as opposed to mere hobby work pursued in Executive's spare time.

Appears in 7 contracts

Samples: Employment Agreement (Synquest Inc), Employment Agreement (Synquest Inc), Employment Agreement (Synquest Inc)

AutoNDA by SimpleDocs

Clearance Procedure for Proprietary Rights Not Claimed by SynQuest. If Executive ever wishes to create or develop, on Executive's own time and with Executive's own resources, anything that may be considered Work Product but as to which Executive believes Executive should be entitled to the personal benefit, Executive is required to follow the clearance procedure set forth in this Section 9.2 in order to ensure that SynQuest has no claim to the proprietary rights that may arise. Before Executive executive begins any development work on Executive's own time, Executive must give SynQuest advance written notice of Executive's plans and supply a description of the development under consideration. SynQuest will hold in confidence and not disclose any proprietary and confidential information contained in the description submitted by Executive. SynQuest will determine, in good faith, within thirty (30) days after Executive has fully disclosed Executive's plans to SynQuest, whether the development is claimed by SynQuest as Work Product. If SynQuest determines that it does not claim such development, Executive will be notified in writing and may retain ownership of the development to the extent of what has been disclosed to SynQuest. Executive should submit for further clearance any significant improvement, modification, or adaptation so that it can be determined whether the improvement, modification, modification or adaptation relates to the business or interests of SynQuest. Clearance under this procedure does not relieve Executive of the need to obtain the written consent of SynQuest pursuant to Section 8.1 before engaging in business activities or rendering business, commercial, or professional services for the benefit of anyone other than SynQuest (subject to the provisions of Section 8.1). SynQuest thus reserves the right to exercise greater control over development work that Executive might consider doing for profit after hours, as opposed to mere hobby work pursued in Executive's spare time.

Appears in 1 contract

Samples: Employment Agreement (Synquest Inc)

AutoNDA by SimpleDocs

Clearance Procedure for Proprietary Rights Not Claimed by SynQuest. If Executive ever wishes to create or develop, on Executive's own time and with Executive's own resources, anything that may be considered Work Product but as to which Executive believes Executive should be entitled to the personal benefit, Executive is required to follow the clearance procedure set forth in this Section 9.2 11.2 in order to ensure that SynQuest has no claim to the proprietary rights that may arise. Before Executive begins any development work on Executive's own time, Executive must give SynQuest advance written notice of Executive's plans and supply a description of the development under consideration. SynQuest will hold in confidence and not disclose any proprietary and confidential information contained in the description submitted by Executive. SynQuest will determine, in good faith, within thirty (30) days after Executive has fully disclosed Executive's plans to SynQuest, whether the development is claimed by SynQuest as Work Product. If SynQuest determines that it does not claim such development, Executive will be notified in writing and may retain ownership of the development to the extent of what has been disclosed to SynQuest. Executive should submit for further clearance any significant improvement, modification, or adaptation so that it can be determined whether the improvement, modification, or adaptation relates to the business or interests of SynQuest. Clearance under this procedure does not relieve Executive of the need to obtain the written consent of SynQuest pursuant to Section 8.1 10.1 before engaging in business activities or rendering business, commercial, or professional services for the benefit of anyone other than SynQuest (subject to the provisions of Section 8.110.1). SynQuest thus reserves the right to exercise greater control over development work that Executive might consider doing for profit after hours, as opposed to mere hobby work pursued in Executive's spare time.

Appears in 1 contract

Samples: Employment Agreement (Synquest Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!