“Corporate Product” Defined. For purposes of this Agreement, “Corporate Product” means any product or service (including any component thereof and any research to develop information useful in connection with a product or service) that has been or is being designed, developed, manufactured, marketed, or sold by the Corporation or with respect to which the Employee has acquired Confidential Information. The Employee understands and acknowledges that, at the present time, Corporate Products includes the SmartVest® Airway Clearance System and related products. The Employee understands and acknowledges that the foregoing description of Corporate Products may change, and the provisions of this Section 2 and all of its subparts shall apply to the Corporate Products of the Corporation in effect upon the termination of the Employee’ s employment with the Corporation.
Appears in 3 contracts
Samples: Non Competition, Non Solicitation, and Confidentiality Agreement (Electromed, Inc.), Non Competition, Non Solicitation, and Confidentiality Agreement (Electromed, Inc.), Non Competition, Non Solicitation, and Confidentiality Agreement (Electromed, Inc.)
“Corporate Product” Defined. For purposes of this Agreement, “Corporate Product” means any product or service (including any component thereof and any research to develop information useful in connection with a product or service) that has been or is being designed, developed, manufactured, marketed, or sold by the Corporation or with respect to which the Employee has acquired Confidential Information. The Employee understands and acknowledges that, at the present time, Corporate Products includes the SmartVest® Airway Clearance System and related products. The Employee understands and acknowledges that the foregoing description of Corporate Products may change, and the provisions of this Section 2 and all of its subparts shall apply to the Corporate Products of the Corporation in effect upon the termination of the Employee’ s ’s employment with the Corporation.
Appears in 3 contracts
Samples: Non Competition, Non Solicitation, and Confidentiality Agreement, Non Competition, Non Solicitation, and Confidentiality Agreement (Electromed, Inc.), Non Competition, Non Solicitation, and Confidentiality Agreement (Electromed, Inc.)