Common use of Sanctions for Unauthorized Taking of Trade Secrets Clause in Contracts

Sanctions for Unauthorized Taking of Trade Secrets. Executive understands that taking of Employer’s trade secrets is a crime under California Penal Code section 449(c) and could also result in civil liability under California’s Uniform Trade Secrets Act (Civil Code sections 3426-3426.11), and that willful misappropriation may result in an award against Executive of triple the amount the Employer’s damages and Employer’s attorney fees for collecting such damages.

Appears in 16 contracts

Samples: Employment Agreement (Bank of Commerce Holdings), Employment Agreement (Bank of Commerce Holdings), Employment Agreement (Bank of Commerce Holdings)

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Sanctions for Unauthorized Taking of Trade Secrets. Executive understands that taking of Employer’s trade secrets is a crime under California Penal Code section 449(c) and could also result in civil liability under California’s Uniform Trade Secrets Act (Civil Code sections 3426-3426.11), ) and that willful misappropriation may result in an award against Executive of triple the amount of the Employer’s damages and Employer’s attorney fees for collecting such damages.

Appears in 12 contracts

Samples: Employment Agreement (Bank of Commerce Holdings), Postd Merchant Banque Executive Employment Agreement (PostD Merchant Banque), Employment Agreement (Bank of Commerce Holdings)

Sanctions for Unauthorized Taking of Trade Secrets. Executive Employee understands that taking of Employer’s trade secrets is a crime under California Penal Code section 449(c) and could also result in civil liability under California’s Uniform Trade Secrets Act (Civil Code sections 3426-3426.11), and that willful misappropriation may result in an award against Executive Employee of triple the amount the Employer’s damages and Employer’s attorney fees for collecting such damages.

Appears in 5 contracts

Samples: Employment Agreement (North Valley Bancorp), Employment Agreement (North Valley Bancorp), Employment Agreement (North Valley Bancorp)

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Sanctions for Unauthorized Taking of Trade Secrets. Executive Employee understands that taking of Employer’s 's trade secrets is a crime under California Penal Code section 449(c) and could also result in civil liability under California’s 's Uniform Trade Secrets Act (Civil Code sections 3426-3426.11), and that willful misappropriation may result in an award against Executive Employee of triple the amount the Employer’s 's damages and Employer’s 's attorney fees for collecting such damages.

Appears in 2 contracts

Samples: Employment Agreement (North Valley Bancorp), Employment Agreement (North Valley Bancorp)

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