Common use of Confidential Information and Assignment of Inventions Clause in Contracts

Confidential Information and Assignment of Inventions. (a) Executive will not disclose to a third party or use for his personal benefit confidential information of WiSA. “Confidential Information” means any information used or useful in WiSA’s business that is not generally known outside of WiSA and that is proprietary to WiSA relating to any aspect of WiSA’s existing or reasonably foreseeable business that is disclosed to Executive or conceived, discovered or developed by Executive. Confidential Information includes, but is not limited to: product designs including drawings and sketches, manufacturing materials, plant layouts, tooling, sales marketing plans or proposals, customer information, customer lists, raw material sources, manufacturing processes, price, financial, accounting and cost information, clinical data, administrative techniques and documents and information designated by WiSA as “Confidential.” Executive shall also comply with the terms of any Confidentiality Agreement by which XxXX is bound to a third party as well as the Company’s Confidential Information and Invention Assignment Agreement.

Appears in 3 contracts

Samples: Executive Employment Agreement (Wisa Technologies, Inc.), Executive Employment Agreement (Wisa Technologies, Inc.), Executive Employment Agreement (Wisa Technologies, Inc.)

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Confidential Information and Assignment of Inventions. (a) Executive will not disclose to a third party or use for his personal benefit confidential information of WiSA. “Confidential Information” means any information used or useful in WiSA’s business that is not generally known outside of WiSA and that is proprietary to WiSA relating to any aspect of WiSA’s existing or reasonably foreseeable business that is disclosed to Executive or conceived, discovered or developed by Executive. Confidential Information includes, but is not limited to: product designs including drawings and sketches, manufacturing materials, plant layouts, tooling, sales marketing plans or proposals, customer information, customer lists, raw material sources, manufacturing processes, price, financial, accounting and cost information, clinical data, administrative techniques and documents and information designated by WiSA as “Confidential.” Executive shall also comply with the terms of any Confidentiality Agreement by which XxXX WiSA is bound to a third party as well as the Company’s Confidential Information and Invention Assignment Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Wisa Technologies, Inc.)

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