Common use of Prior Business Intellectual Property Clause in Contracts

Prior Business Intellectual Property. The Executive represents and warrants to the Company that he has not brought or used, and the Executive covenants and agrees that he will not use or bring to the Company any Intellectual Property of any kind whatsoever of any Prior Business with whom the Executive had a Prior Involvement or any Intellectual Property directly owned by the Executive. The Company and the Executive acknowledge and agree that the Company is not employing the Executive to obtain Intellectual Property relating to any Prior Involvement and the Executive acknowledges that the Company has advised the Executive to comply with any legal obligations the Executive may have to such Prior Business. The Executive covenants and agrees to hold the Company harmless from any and all claims and damages of any kind whatsoever that the Company may suffer as a result any breach by the Executive of his obligations to such Prior Business in that regard.

Appears in 9 contracts

Samples: Executive Employment Agreement (InMed Pharmaceuticals Inc.), Executive Employment Agreement (InMed Pharmaceuticals Inc.), Executive Employment Agreement (InMed Pharmaceuticals Inc.)

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Prior Business Intellectual Property. The Executive represents and warrants to the Company that he has they have not brought or used, and the Executive covenants and agrees that he they will not use or bring to the Company any Intellectual Property of any kind whatsoever of any Prior Business with whom the Executive had a Prior Involvement or any Intellectual Property directly owned by the Executive. The Company and the Executive acknowledge and agree that the Company is not employing the Executive to obtain Intellectual Property relating to any Prior Involvement and the Executive acknowledges that the Company has advised the Executive to comply with any legal obligations the Executive may have to such Prior Business. The Executive covenants and agrees to indemnify and hold the Company harmless from any and all claims losses, claims, damages, expenses, and damages costs (including legal costs on a solicitor-client basis) of any kind whatsoever that the Company may suffer as a result related to any breach by the Executive of his their obligations to such Prior Business in that regard.

Appears in 6 contracts

Samples: Executive Employment Agreement (InMed Pharmaceuticals Inc.), Executive Employment Agreement (InMed Pharmaceuticals Inc.), Executive Employment Agreement (InMed Pharmaceuticals Inc.)

Prior Business Intellectual Property. The Executive represents and warrants to the Company that he she has not brought or used, and the Executive covenants and agrees that he she will not use or bring to the Company any Intellectual Property of any kind whatsoever of any Prior Business with whom the Executive had a Prior Involvement or any Intellectual Property directly owned by the Executive. The Company and the Executive acknowledge and agree that the Company is not employing the Executive to obtain Intellectual Property relating to any Prior Involvement and the Executive acknowledges that the Company has advised the Executive to comply with any legal obligations the Executive may have to such Prior Business. The Executive covenants and agrees to hold the Company harmless from any and all claims and damages of any kind whatsoever that the Company may suffer as a result any breach by the Executive of his her obligations to such Prior Business in that regard.

Appears in 1 contract

Samples: Executive Employment Agreement (InMed Pharmaceuticals Inc.)

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Prior Business Intellectual Property. The Executive represents and warrants to the Company that he has they have not brought or used, and the Executive covenants and agrees that he they will not use or bring to the Company any Intellectual Property of any kind whatsoever of any Prior Business with whom the Executive had a Prior Involvement or any Intellectual Property directly owned by the Executive. The Company and the Executive acknowledge and agree that the Company is not employing the Executive to obtain Intellectual Property relating to any Prior Involvement and the Executive acknowledges that the Company has advised the Executive to comply with any legal obligations the Executive may have to such Prior Business. The Executive covenants and agrees to indemnify and hold the Company harmless from any and all claims losses, claims, damages, expenses, and damages costs (including legal costs on a solicitor-client basis) of any kind whatsoever that the Company may suffer as a result related to any breach by the Executive of his obligations to such Prior Business in that regard.

Appears in 1 contract

Samples: Executive Employment Agreement (InMed Pharmaceuticals Inc.)

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