Common use of Notice of Immunity Clause in Contracts

Notice of Immunity. Employee acknowledges that via this paragraph the Company is providing Employee with written notice that the Defend Trade Secrets Act, 18 U.S.C. § 1833(b), provides that (i) an individual shall not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that is made in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney, and solely for the purpose of reporting or investigating a suspected violation of law, or is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal, and (ii) an individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the employer’s trade secret to the individual’s attorney and use such trade secret information in the court proceeding if the individual files any document containing the trade secret under seal and does not disclose the trade secret, except pursuant to court order.

Appears in 1 contract

Samples: Separation and General Release Agreement (Idw Media Holdings, Inc.)

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Notice of Immunity. Employee acknowledges that via this paragraph the Company is providing Employee with written notice that Under the Defend Trade Secrets Act, 18 U.S.C. § 1833(b), provides that (i) an individual shall Act of 2016. Notwithstanding any other provision of this Agreement: a. The Employee will not be held criminally or civilly liable under any federal or state trade secret law for the any disclosure of a trade secret that is made made: (1) in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney, and solely for the purpose of reporting or investigating a suspected violation of law, ; or is made (2) in a complaint or other document that is filed under seal in a lawsuit or other proceeding, if such filing is made under seal, and (ii) an individual who . b. If the Employee files a lawsuit for retaliation by an employer the Employer for reporting a suspected violation of law law, the Employee may disclose the employerEmployer’s trade secret secrets to the individualEmployee’s attorney and use such the trade secret information in the court proceeding if the individual Employee: (1) files any document containing the trade secret under seal seal; and (2) does not disclose the trade secret, except pursuant to court order.

Appears in 1 contract

Samples: Separation and Release of Claims Agreement (Dragonfly Energy Holdings Corp.)

Notice of Immunity. Employee The Executive Chairman acknowledges that via this paragraph the Company is providing Employee the Executive Chairman with written notice that the Defend Trade Secrets Act, 18 U.S.C. § 1833(b), provides that (i) an individual shall not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that is made in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney, and solely for the purpose of reporting or investigating a suspected violation of law, or is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal, and (ii) an individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the employer’s trade secret to the individual’s attorney and use such trade secret information in the court proceeding if the individual files any document containing the trade secret under seal and does not disclose the trade secret, except pursuant to court order.

Appears in 1 contract

Samples: Employment Agreement (Rafael Holdings, Inc.)

Notice of Immunity. The Employee acknowledges that via this paragraph the Company is providing the Employee with written notice that the Defend Trade Secrets Act, 18 U.S.C. § 1833(b), provides that (i) an individual shall not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that is made in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney, and solely for the purpose of reporting or investigating a suspected violation of law, or is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal, and (ii) an individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the employer’s trade secret to the individual’s attorney and use such trade secret information in the court proceeding if the individual files any document containing the trade secret under seal and does not disclose the trade secret, except pursuant to court order.

Appears in 1 contract

Samples: Employment Agreement (Idw Media Holdings, Inc.)

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Notice of Immunity. Employee acknowledges that via this paragraph Under the Company is providing Employee with written notice that Economic Espionage Act of 1996, as amended by the Defend Trade Secrets Act, 18 U.S.C. § 1833(bAct of 2016 ("DTSA"), provides that . Notwithstanding any other provision of this Agreement: (ia) an individual shall Executive will not be held criminally or civilly liable under any federal or state trade secret law for the any disclosure of a trade secret that that: (i) is made (1) in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney, ; and (2) solely for the purpose of reporting or investigating a suspected violation of law, or ; or (ii) is made in a complaint or other document filed under seal in a lawsuit or other proceeding, if such filing is made under seal, and . (iib) an individual who If Executive files a lawsuit for retaliation by an employer the Company for reporting a suspected violation of law law, Executive may disclose the employer’s Company's trade secret secrets to the individual’s Executive's attorney and use such the trade secret information in the court proceeding if the individual Executive: (i) files any document containing the trade secret secrets under seal and seal; and (ii) does not disclose the trade secretsecrets, except pursuant to court order.

Appears in 1 contract

Samples: Executive Employment Agreement (Cellceutix CORP)

Notice of Immunity. Employee acknowledges that via this paragraph Under the Company is providing Employee with written notice that Economic Espionage Act of 1996, as amended by the Defend Trade Secrets Act, 18 U.S.C. § 1833(bAct of 2016 (“DTSA”), provides that . Notwithstanding any other provision of this Agreement: (ia) an individual shall Executive will not be held criminally or civilly liable under any federal or state trade secret law for the any disclosure of a trade secret that that: (i) is made (1) in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney, ; and (2) solely for the purpose of reporting or investigating a suspected violation of law, or ; or (ii) is made in a complaint or other document filed under seal in a lawsuit or other proceeding, if such filing is made under seal, and . (iib) an individual who If Executive files a lawsuit for retaliation by an employer the Company for reporting a suspected violation of law law, Executive may disclose the employerCompany’s trade secret secrets to the individualExecutive’s attorney and use such the trade secret information in the court proceeding if the individual Executive: (i) files any document containing the trade secret secrets under seal and seal; and (ii) does not disclose the trade secretsecrets, except pursuant to court order.

Appears in 1 contract

Samples: Executive Employment Agreement (Cellceutix CORP)

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