Common use of Limited Exclusion Notification Clause in Contracts

Limited Exclusion Notification. THIS IS TO NOTIFY you in accordance with North Carolina General Statute §§ 66.57.1 and 66.57.2 that the foregoing Agreement between you and the Company does not require you to assign or offer to assign to the Company any invention that you developed entirely on your own time without using the Company’s equipment, supplies, facilities or trade secret information except for those inventions that either: a. Relate at the time of conception or reduction to practice of the invention to the Company’s business, or actual or demonstrably anticipated research or development of the Company; or b. Result from any work performed by you for the Company.

Appears in 2 contracts

Samples: Employment Agreement (Bioventus Inc.), Employment Agreement (Bioventus Inc.)

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Limited Exclusion Notification. THIS IS TO NOTIFY This is to notify you in accordance with North Carolina General Statute §§ 66.57.1 and 66.57.2 that the foregoing Agreement between you and the Company does not require you to assign or offer to assign to the Company any invention that you developed entirely on your own time without using the Company’s equipment, supplies, facilities or trade secret information except for those inventions that either: a. 1. Relate at the time of conception or reduction to practice of the invention to the Company’s business, or actual or demonstrably anticipated research or development of the Company; or b. 2. Result from any work performed by you for the Company.

Appears in 1 contract

Samples: Employment Agreement (Milestone Pharmaceuticals Inc.)

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Limited Exclusion Notification. THIS IS TO NOTIFY you in accordance with North Carolina General Statute §§ 66.57.1 and 66.57.2 that the foregoing Agreement between you and the Company does not require you to assign or offer to assign to the Company any invention that you developed entirely on your own time without using the Company’s equipment, supplies, facilities or trade secret information except for those inventions that either: a. 1. Relate at the time of conception or reduction to practice of the invention to the Company’s business, or actual or demonstrably anticipated research or development of the Company; or b. 2. Result from any work performed by you for the Company.

Appears in 1 contract

Samples: Employment Agreement (Milestone Pharmaceuticals Inc.)

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