Protection of Employers Interests. (a) To the fullest extent permitted by law, all rights worldwide with respect to any intellectual or other property of any nature conceived, developed, produced, created, suggested or acquired by Executive during the period commencing on the date hereof and ending six months following the termination of Executive’s employment hereunder shall be deemed to be a work made for hire and shall be the sole and exclusive property of Employer. Executive agrees to execute, acknowledge and deliver to Employer at Employer’s request, such further documents as the Employer finds appropriate to evidence the Employer’s rights in such property. (b) Executive further acknowledges that in performing his duties hereunder, he will have access to proprietary and confidential information and to trade secrets of Employer and its subsidiaries and affiliates. Any confidential and/or proprietary information of Employer or any of its subsidiaries or affiliates shall not be used by Executive or disclosed or made available by Executive to any person except (i) as required in the course of Executive’s employment or (ii) when required to do so by a court of law, by any governmental agency having supervisory authority over the business of Employer or by any administrative or legislative body (including a committee thereof) with apparent jurisdiction to order him to divulge, disclose or make accessible such information, it being understood that Executive will promptly notify Employer of such requirement so that Employer may seek to obtain a protective order. Upon expiration or earlier termination of the term of Executive’s employment, Executive shall return to Employer all such information that exists in written or other physical form (and all copies thereof) under Executive’s control. Executive agrees to execute, acknowledge and deliver to Employer at Employer’s request a confidentiality agreement containing provisions inclusive of the foregoing provisions of this Paragraph 10(b).
Appears in 3 contracts
Samples: Alternative Employment Agreement (American Seafoods Group LLC), Alternative Employment Agreement (American Seafoods Group LLC), Alternative Employment Agreement (American Seafoods Group LLC)
Protection of Employers Interests. (a) To the fullest extent permitted by law, all rights worldwide with respect to any intellectual or other property of any nature conceived, developed, produced, created, suggested or acquired by Executive during the period commencing on the date hereof and ending six months following the termination of Executive’s 's employment hereunder shall be deemed to be a work made for hire and shall be the sole and exclusive property of Employer. Executive agrees to execute, acknowledge and deliver to Employer at Employer’s 's request, such further documents as the Employer finds appropriate to evidence the Employer’s 's rights in such property.
(b) . Executive further acknowledges that in performing his duties hereunder, he will have access to proprietary and confidential information and to trade secrets of Employer and its subsidiaries and affiliatessubsidiaries. Any confidential and/or proprietary information of Employer or any of its subsidiaries or affiliates shall not be used by Executive or disclosed or made available by Executive to any person except (i) as required in the course of Executive’s 's employment or (ii) when required to do so by a court of law, by any governmental agency having supervisory authority over the business of Employer or by any administrative or legislative body (including a committee thereof) with apparent jurisdiction to order him to divulge, disclose or make accessible such information, it being understood that Executive will promptly notify Employer of such requirement so that Employer may seek to obtain a protective order. Upon expiration or earlier termination of the term of Executive’s 's employment, Executive shall return to Employer all such information that exists in written or other physical form (and all copies thereof) under Executive’s 's control. Executive agrees to execute, acknowledge and deliver to Employer at Employer’s request a confidentiality agreement containing provisions inclusive of the foregoing provisions of this Paragraph 10(b).
Appears in 2 contracts
Samples: Employment Agreement (American Seafoods Corp), Employment Agreement (American Seafoods Corp)
Protection of Employers Interests. (a) To the fullest extent permitted by law, all rights worldwide with respect to any intellectual property relating to the business of the Company, Trucking, or other property of any nature their respective direct or indirect subsidiaries or affiliates, conceived, developed, produced, created, suggested or acquired by Executive during the period commencing on the date hereof and ending six months following the termination of Executive’s employment hereunder the Employment Term shall be deemed to be a work made for hire and shall be the sole and exclusive property of Employer. Executive agrees to execute, acknowledge and deliver to Employer at Employer’s request, such further documents as the Employer finds appropriate to evidence the Employer’s rights in such property.
(b) Executive further acknowledges that in performing his duties hereunder, he will have access to proprietary and confidential information and to trade secrets of Employer the Company, Trucking, and its their respective subsidiaries and affiliates. Any confidential and/or proprietary information of Employer the Company, Trucking, or any of its their respective subsidiaries or affiliates shall not be used by Executive or disclosed or made available by Executive to any person except (i) as required in the course of Executive’s employment or (ii) when required to do so by a court of law, by any governmental agency having supervisory authority over the business of Employer the Company or Trucking, or by any administrative or legislative body (including a committee thereof) with apparent jurisdiction to order him to divulge, disclose or make accessible such information, it being understood that Executive will promptly notify Employer of such requirement so that Employer may seek to obtain a protective order. Upon expiration or earlier any termination of the term of Executive’s employmentEmployment Term or the Part-Time Employment Period, as applicable, Executive shall return to Employer all such information that exists in written or other physical form (and all copies thereof) under Executive’s control. Executive agrees to execute, acknowledge and deliver to Employer at Employer’s request a confidentiality agreement containing provisions inclusive of the foregoing provisions of this Paragraph 10(b11(b).
(c) Executive agrees that his employment hereunder is on an exclusive basis, and that during the Employment Term, he will not engage in any other business activity. The preceding sentence shall not preclude Executive from (i) engaging in the business of catfish farming, in the manufacture or sale of catfish feed or supplies, or in the harvesting of catfish outside of the geographic area where the Company, Trucking, or any of their respective subsidiaries offers such service after the date hereof, (ii) serving on the boards of directors of other corporations (subject to the approval of the Board which shall not be unreasonably withheld), (iii) engaging in charitable and public service activities, (iv) engaging in speaking and writing activities or (v) managing his personal investments, provided that such activities (x) do not interfere with Executive’s availability or ability to perform his duties and responsibilities hereunder and (y) in the case of activities specified in clauses (ii) through (v) of this Paragraph 11(c), are disclosed in writing to the Board in a notice that references this provision.
Appears in 1 contract
Samples: Employment and Non Competition Agreement (American Seafoods Group LLC)