FORM OF NON-DISCLOSURE AND INVENTION ASSIGNMENT AGREEMENT
EXHIBIT
10.9
FORM
OF
INVENTION
ASSIGNMENT AGREEMENT
Agreement
dated this ____ day of _____________, 20___ by and between DOT VN, Inc., a
Delaware corporation with its principal office located at 0000 Xxxxxx Xxxxxx,
Xxxxx 000, Xxx Xxxxx, Xxxxxxxxxx 00000,
(“Company”),
and
___________________________, (“Employee”),
referred to herein individually as a “Party” or collectively as “the
Parties”.
Recitals
WHEREAS,
The Company, is the exclusive and official provider of Internet and
telecommunications services for Vietnam, marketing a variety of services focused
on doing business in, with, and concerning Vietnam, hereinafter referred to
as
the “Business”.
WHEREAS,
The Company has created, received or developed Proprietary Information including
proprietary and unique marketing techniques software, .VN ccTLD technologies,
website designs, and other intellectual properties that have actual or potential
value or other utility to those engaged in or contemplating entering Vietnamese
markets.
WHEREAS,
The Company has an interest in protecting its Proprietary Information to the
fullest extent permitted by law.
WHEREAS,
The Employees will necessarily have access to Company’s Proprietary Information
in the course of employment.
WHEREAS,
The Employee is seeking employment or continued employment with Company, and
Company is willing to employ or continue to employ Employee, subject to the
terms of this agreement.
NOW
THEREFORE, in contemplation of the foregoing, and for consideration, the receipt
and sufficiency of which is hereby acknowledged to, the Parties agree as
follows:
Agreement
1.
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Special
Definitions.
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1.1.
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“Affiliated
Entities” shall
mean all companies or organizations now or hereafter associated with
Company, including, but not limited to Hi-Tek, Inc., World Trade
Xxxx.xxx,
Inc. and Xxxxxxxx.xxx.xx.
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1.2.
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“Employee”
shall
mean all employees, independent contractors and consultants of the
Company.
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2.
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Employment.
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2.1.
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Employment
or Consulting Relationship.
In connection with (i) the Employee becoming employed by or retained
as a
consultant to the Company; (ii) Employee’s continuing employment or
current consulting relationship with the Company; and (iii) receipt
of
three thousand shares (3,000) of the Company’s common stock (the
“Stock
Grant”)
granted to Employee by the Company, Employee agrees to be bound by
the
terms set forth in this Agreement. Any employment or consulting
relationship between the Company and Employee, whether commenced
prior to
or upon the date of this Agreement, shall be referred to herein as
the
“Relationship.”
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2.2.
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Employee
Handbook.
Employee agrees to conform to the policies and rules of Company in
effect
from time to time. Company has published an Employee Handbook (the
“Handbook”)
specifying additional duties and procedures to be followed by Employees,
which Company may modify at any time. Employee agrees that any such
the
Handbook, and any future amendments, shall constitute additional
terms of
employment incorporated into this Agreement and shall bind Employee.
Employee represents that they have read and understand the terms,
conditions, duties and procedures set forth in Employee Handbook
and
further has been furnished with the opportunity to seek clarification
regarding any ambiguity or confusion with respect to the requirements
of
the Employee Handbook.
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2.3.
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Employment
At-Will. The
Parties agree that the Employee’s employment is “at will”, accordingly,
Employee’s employment and compensation can be terminated, with or without
cause, and without prior notice, at any time, at the option of either
Employee or Company. Nothing contained in this Agreement or in the
Handbook shall be construed to alter or modify this
term.
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2.4.
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Outside
Services. Employee
shall not, without Company’s prior written consent, render to others
services of any kind, or engage in any other business activity that
would
materially interfere with the performance of their duties under this
Agreement.
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2.5.
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Business
Opportunities. Employee
shall promptly disclose to the Company all business opportunities
that may
be beneficial to the Company’s actual business or to Company’s reasonably
anticipated business expansion, and shall not usurp, circumvent nor
otherwise take advantage of any such business opportunity without
first
offering such opportunity to the Company, and;
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2.6.
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Non-Circumvention.
Employee agrees that he or she shall not take, nor permit another, to
take any action, with the purpose or intent of circumventing or avoiding
the terms of this agreement.
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3.
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PROPRIETARY
INFORMATION.
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3.1.
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Company
Information.
Employee agrees at all times during the term of their Relationship
with
the Company and thereafter, to hold in strictest confidence, and
not to
use, except for the benefit of the Company, or to disclose to any
person,
family member or relation, firm, corporation or other entity without
written authorization of the Board of Directors of the Company, any
Proprietary Information of the Company or Affiliated Entities which
Employee obtains or creates. Employee further agrees not to make
copies of
such Proprietary Information except as authorized by the Company.
Employee
understands that "Proprietary
Information"
means any Company or Affiliated Entities proprietary information
pertaining to any aspects of the Company or Affiliated Entities’ business
which is either information not known by actual or potential competitors
of the Company or Affiliated Entities or is proprietary information
of the
Company or Affiliated Entities, whether of a technical nature or
otherwise, technical, data, trade secrets or know how, research,
product
plans, products, services, suppliers, customer lists and customers
with
whom Employee became acquainted during the Relationship), prices
and
costs, markets, software, developments, inventions, laboratory notebooks,
processes, formulas, technology, designs, drawings, engineering,
hardware
configuration information, marketing, licenses, finances, budgets
or other
business information disclosed to Employee by the Company or Affiliated
Entities either directly or indirectly in writing, orally or by drawings
or observation of parts or equipment or created by Employee during
the
period of the Relationship, whether or not during working hours.
Employee
understands that Proprietary Information does not include any items
which
have become publicly and widely known and made generally available
through
no wrongful act of Employee’s or of others who were under confidentiality
obligations as to the item or items
involved.
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3.2.
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Former
Employer Information.
Employee represents that their performance of all terms of this Agreement
as an employee or consultant of the Company have not breached and
will not
breach any agreement to keep in confidence proprietary information,
knowledge or data acquired by Employee in confidence or trust prior
or
subsequent to the commencement of Employee’s Relationship with the
Company, and Employee will not disclose to the Company, or induce
the
Company to use, any inventions, Proprietary or proprietary information
or
material belonging to any previous employer or any other
party.
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3.3.
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Third
Party Information.
Employee recognizes that the Company or Affiliated Entities has received
and in the future will receive from third parties their Proprietary
or
proprietary information subject to a duty on the Company or Affiliated
Entities’ part to maintain the confidentiality of such information and to
use it only for certain limited purposes. Employee agree to hold
all such
Proprietary or proprietary information in the strictest confidence
and not
to disclose it to any person, firm or corporation or to use it except
as
necessary in carrying out Employee’s work for the Company consistent with
the Company or Affiliated Entities agreement with such third
party.
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3.4.
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Value
of Proprietary Information.
Employee acknowledges that its Proprietary Information is of immeasurable
value and importance to Company, and that improper use of such information
will items, may, among other things, damage Company’s reputation, goodwill
and result in loss of its current or prospective customers.
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3.5.
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Procedures.
Employee
will at all times follow all procedures Company has or in the future
may
implement regarding Company’s Proprietary Information, and shall:
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3.5.1. |
Securely
store all Proprietary Information in the place and manner directed
by
Company.
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3.5.2. |
Refrain
from taking or removing Proprietary Information from Company’s place of
business without Company’s prior
consent.
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3.5.3. |
Not
use or disclose any such information to anyone, directly or indirectly,
except (i) to the extent necessary to carry out his or her duties
as
Employee; and (ii) to the extent required by law or in legal proceedings.
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3.5.4. |
Unless
otherwise instructed in writing, immediately upon termination of
this
agreement in any manner, return all Proprietary Information together
with
all copies, or reproductions or other media containing such information.
Employee shall provide a written certification signed under penalty
of
perjury affirming Employee’s full compliance of all obligations under this
section on separation from employment.
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3.5.5. |
Sign
any supplemental or separate agreement that the Company may in the
future
require, in its sole discretion, to the extent allowed by law, the
terms
of which shall be additional terms of employment which are incorporated
into this Agreement by this reference.
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4.
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Inventions.
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4.1.
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Assignment
of Inventions.
Employee agrees that Employee will promptly make full written disclosure
to the Company, will hold in trust for the sole right and benefit
of the
Company, and hereby assign to the Company, or its designees, all
of
Employee’s right, title and interest throughout the world in and to any
and all inventions, original works of authorship, developments, concepts,
know-how, improvements or trade secrets, whether or not patentable
or
registrable under copyright or similar foreign and domestic laws,
which
Employee may solely or jointly conceive or develop or reduce to practice,
or cause to be conceived or developed or reduced to practice, during
the
period of time in which Employee is employed by or a consultant of
the
Company (collectively referred to as “Inventions”),
including any Inventions created prior to the date of this Agreement
but
on or after Employees’ initial date of employment or engagement. Employee
further acknowledges that all inventions, original works of authorship,
developments, concepts, know-how, improvements or trade secrets which
are
made by Employee (solely or jointly with others) within the scope
of and
during the period of Employee’s Relationship with the Company are "works
made for hire" (to the greatest extent permitted by applicable law)
and
Employee is compensated therefore by Employee’s Stock Grant (if Employee
is an employee) or by such amounts paid to Employee under any applicable
consulting agreement or consulting arrangements (if Employee is a
consultant), unless regulated otherwise by the mandatory law of the
state
of California.
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4.2.
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Inventions
not related to Company Business. Notwithstanding
the foregoing, inventions developed entirely on an employee’s own time
without using the company’s equipment, supplies, facilities, or trade
secret information and which do not relate to the Business, are Employee’s
sole and exclusive property.
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4.3.
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Registration
of Inventions.
Employee shall have a duty to promptly disclose to Company all such
Inventions conceived or created during the term of Employee’s employment.
Employee hereby agrees to cooperate with Company, and when requested,
execute any document(s) which may be necessary or advisable for the
registration of or confirming the Company’s interest in such
Inventions.
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4.4.
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Maintenance
of Records.
Employee agrees to keep and maintain adequate and current written
records
of all Inventions made by Employee (solely or jointly with others)
during
the term of Employee’s Relationship with the Company. The records may be
in the form of notes, sketches, drawings, flow charts, electronic
data or
recordings, laboratory notebooks, and any other format. The records
will
be available to and remain the sole property of the Company at all
times.
Employee agrees not to remove such records from the Company's place
of
business except as expressly permitted by Company policy which may,
from
time to time, be revised at the sole election of the Company for
the
purpose of furthering the Company's
business.
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4.5.
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Patent
and Copyright Rights.
Employee agrees to assist the Company, or its designees, at the Company's
expense, in every proper way to secure the Company's rights in the
Inventions and any copyrights, patents, trademarks, mask work rights,
moral rights, or other intellectual property rights relating thereto
in
any and all countries, including the disclosure to the Company of
all
pertinent information and data with respect thereto, the execution
of all
applications, specifications, oaths, assignments, recordations, and
all
other instruments which the Company shall deem necessary in order
to apply
for, obtain, maintain and transfer such rights and in order to assign
and
convey to the Company, its successors, assigns and nominees the sole
and
exclusive rights, title and interest in and to such Inventions, and
any
copyrights, patents, mask work rights or other intellectual property
rights relating thereto. Employee further agrees that Employee’s
obligation to execute or cause to be executed, when it is in Employee’s
power to do so, any such instrument or papers shall continue after
the
termination of this Agreement until the expiration of the last such
intellectual property right to expire in any country of the world.
If the
Company is unable because of Employee’s mental or physical incapacity or
unavailability or for any other reason to secure Employee’s signature to
apply for or to pursue any application for any United States or foreign
patents or copyright registrations covering Inventions or original
works
of authorship assigned to the Company as above, then Employee hereby
irrevocably designates and appoints the Company and its duly authorized
officers and agents as Employee’s agent and attorney in fact, to act for
and in Employee’s behalf and stead to execute and file any such
applications and to do all other lawfully permitted acts to further
the
application for, prosecution, issuance, maintenance or transfer of
letters
patent or copyright registrations thereon with the same legal force
and
effect as if originally executed by Employee. Employee hereby waives
any
and all claims, of any nature whatsoever, which Employee now or hereafter
has for infringement of any and all proprietary rights assigned to
the
Company including, but not limited to, any proprietary rights to
the data,
information and code on the
Invention(s).
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4.6.
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Returning
Company Documents.
Employee agrees that, at the time of termination of Employee’s
Relationship with the Company, Employee will deliver to the Company
(and
will not keep in Employee’s possession, recreate or deliver to anyone
else) any and all devices, records, data, notes, reports, proposals,
lists, correspondence, specifications, drawings, blueprints, sketches,
laboratory notebooks, materials, flow charts, equipment, other documents
or property, or reproductions of any aforementioned items developed
by
Employee pursuant to the Relationship or otherwise belonging to the
Company, its successors, designees or assigns. Employee further agrees
that to any property situated on the Company's premises and owned
by the
Company, including disks and other storage media, filing cabinets
or other
work areas, is subject to inspection by Company personnel at any
time with
or without notice. Further, Employee undertakes to take such action
or
execute such documents as may be required to immediately assign or
otherwise transfer all Invention(s) or other employment related
intellectual property to the
Company.
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5.
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Prohibitions
and Remedies.
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5.1.
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Employee
shall not:
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5.1.1.
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Divert
the Business or opportunities related to the Business of the Company
or
Affiliated Entities’ during the period of employment;
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5.1.2.
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Organize
a competing business during the period of employment;
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5.1.3.
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Solicit
the Company’s or Affiliated Entities’ Employees to work elsewhere-whether
during or after the period of
employment.
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5.1.4.
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Solicit
any of Company’s or Affiliated Entities’ customers, sources, or Employees
except in the course of Company’s Business.
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5.1.5.
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During
the term of Employee’s Relationship with the Company, and for a period of
twenty-four (24) months immediately following the termination of
Employee’s Relationship with the Company for any reason, whether with or
without cause, directly or indirectly solicit, induce, recruit or
encourage any of the Company’s or Affiliated Entities’ employees or
consultants to terminate their relationship with the Company, or
take away
such employees or consultants, or attempt to solicit, induce, recruit,
encourage or take away employees or consultants of the Company, either
for
myself or for any other person or entity. Further, for a period of
twenty-four (24) months following termination of Employee’s Relationship
with the Company for any reason, with or without cause, Employee
shall not
solicit any licensor to or customer of the Company or licensee of
the
Company's products, in each case, that are known to Employee, with
respect
to any business, products or services that are competitive to the
products
or services offered by the Company or under development as of the
date of
termination of Employee’s Relationship with the
Company.
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5.2.
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Employee
shall be deemed in unfair competition with Company if (a) Employee
solicits or otherwise accept business from (even if not solicited)
with
any such customer; (b) Employee induces any of Company’s Employees or
customers to terminate or otherwise restrict or limit their relationship
with Company on any basis, or any present or future Employee or contractor
of Company or any Affiliated
Entity.
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5.3.
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Employee
agrees that the misuse of Proprietary Information any other related
or
supplemental agreements will result in irreparable harm to Company
that
cannot be adequately compensated for by money alone. It is agreed
that in
addition to all other remedies available at law or in equity, Company
shall be entitled to the immediate remedy of a temporary restraining
order, preliminary or permanent injunction, specific performance,
and/or
such other forms of equitable relief as appropriate under the
circumstances.
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5.4.
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Employee
also acknowledges that any damages resulting from Employee’s misuse of
Proprietary Information are not readily ascertainable, accordingly,
the
Parties agree that under the circumstances existing at the time that
this
agreement was executed that a reasonable estimate of the damages
Company
shall suffer is $50,000 per month. Company may seek these liquidated
damages in lieu of proving its actual damages.
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5.5.
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Employee
shall indemnify, defend and hold harmless Company, and Company's
officers,
directors, and shareholders from and against any and all claims,
demands,
losses, costs, expenses, obligations, liabilities, damages, recoveries,
and deficiencies, including reasonable attorney fees and costs, that
Company may incur or suffer and that result from Employee’s gross
negligence, intentional misconduct or intentional tort, or claims
arising
from Employee’s acceptance of employment with Company, or from claims
arising from the alleged violation of this Agreement or any other
agreement to which the Employee is a party.
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5.6.
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All
remedies are cumulative and non-exclusive, and Company may seek,
in
addition any and all appropriate common law or statutory remedies.
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6.
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Notification
to Other Parties.
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6.1.
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Employees.
In the event that Employee leaves the employ of the Company, Employee
hereby consents to notification by the Company to Employee’s new employer
about Employee’s rights and obligations under this
Agreement.
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6.2.
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Consultants.
Employee hereby grants his consent to notification by the Company
to any
other parties besides the Company with whom Employee maintains a
consulting relationship, including parties with whom such relationship
commences after the effective date of this Agreement, about Employee’s
rights and obligations under this
Agreement.
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7. |
Dispute
Resolution. If
the Parties are unable to resolve a dispute informally, the following
provisions shall control:
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7.1.
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All
questions relating to arising out of this agreement shall be determined
in
accordance with California law, except to the limited extent preempted
by
federal statute.
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7.2.
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Excepting
claims for injunctive relief and/or other equitable relief for unfair
competition and/or the use or unauthorized disclosure of trade secrets
or
Proprietary information, which may be litigated in any court of competent
jurisdiction, both Company and Employee shall submit all claims,
disputes
or controversies (“Claims”)
against the other arising from or relating in any way to this Agreement,
whether based in contract or tort, including discrimination claims
under
state and federal law, claims that could otherwise be asserted in
class
action litigation, such as wage and hour claims, discrimination claims,
post-termination claims, and claims regarding the applicability of
this
arbitration clause or the validity of the Agreement, to binding
arbitration pursuant to the rules of the American Arbitration Association.
Nothing herein shall be construed to preclude class arbitrations
on common
issues. In all arbitration matters, Company shall bear the costs
of the
forum and all arbitrator(s) fees.
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7.3.
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All
claims subject to arbitration shall be arbitrated by a sole arbitrator,
who shall have the power to determine all issues, including arbitrability,
award equitable relief and all forms of damages, including punitive
damages. If the Parties cannot agree on a single arbitrator, or a
method
to select a single arbitrator, a panel of 3 arbitrators shall be
employed,
the Parties each selecting one arbitrator, and the two arbitrators
so
selected shall choose a third “independent” arbitrator. All arbitrators
must have experience specific to the subject matter of the dispute.
The
arbitration hearing will be held in San Diego, California. The decision
shall be in writing and include a statement of facts and the reason
for
the decision. Judgment may be entered in any court of competent
jurisdiction after a thirty day waiting period, during which time
the
Parties further agree that all proceedings are to remain Proprietary.
If
the affected party fully complies with the arbitration award within
30
days, no further proceedings shall be had, and the matter shall be
considered concluded.
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IN
THE ABSENCE OF THIS ARBITRATION AGREEMENT YOU AND WE MAY OTHERWISE HAVE HAD
A
RIGHT OR OPPORTUNITY TO LITIGATE CLAIMS THROUGH A COURT, AND / OR TO PARTICIPATE
OR BE REPRESENTED IN LITIGATION FILED IN COURT BY OTHERS, BUT EXCEPT AS
OTHERWISE PROVIDED ABOVE, ALL CLAIMS MUST NOW BE RESOLVED THROUGH
ARBITRATION.
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8.
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General Provisions. |
8.1.
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Relationship
of the Parties. Neither
this Agreement nor the dealings of the Parties pursuant to this Agreement
shall create, constitute and will not be construed as constituting
a
partnership, or joint venture relationship, and Employee does not
have the
power or authority or right to obligate or bind Company in any manner
whatsoever, except as expressly provided
herein.
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8.2.
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Further
Assurances. Employee
agrees to execute promptly provide any proper oath or verify any
proper
document required to carry out the terms of this Agreement upon the
Company's written request to do so.
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8.3.
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Conflicts.
Employee
represents that Employee’s performance of all the terms of this Agreement
will not breach any agreement to keep in confidence proprietary
information acquired by Employee in confidence or in trust prior
to
commencement of Employee’s Relationship with the Company. Employee has not
entered into, and Employee agrees Employee will not enter into, any
oral
or written agreement in conflict with any of the provisions of this
Agreement.
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8.4.
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No
Waiver.
No failure by Company to insist upon the strict performance of any
covenant, agreement, term, or condition of this Agreement or to exercise
the right or remedy consequent upon a breach thereof shall constitute
a
waiver of any such breach or of any such covenant, agreement, term,
or
condition. No waiver of any breach shall affect or alter this Agreement,
but each and every term of this Agreement shall continue in full
force and
effect with respect to any other then existing or subsequent breach.
A
term or condition of this agreement can be waived or modified by
the
written consent of both Parties. Forbearance or indulgence by Company
does
not constitute a waiver of the term condition to be performed, and
Company
may invoke any remedy available under the Agreement or by law despite
the
forbearance or indulgence.
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8.5.
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Invalidity.
If any provision of this Agreement is declared or found to be illegal,
unenforceable, or void, in whole or in part, then the Parties will
be
relieved of all obligations arising under such provision, but only
to the
extent that it is illegal, unenforceable, or void, it being the intent
and
agreement of the Parties that this Agreement be deemed amended by
modifying such provision to the extent necessary to make it legal
and
enforceable while preserving its intent or, if that is not possible,
by
substituting therefor another provision that is legal and enforceable
and
achieves the same objectives.
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8.6.
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Captions.
The captions used in this Agreement are for reference only and have
no
legal effect. Masculine and/or feminine pronouns shall be substituted
for
the neuter form and/or vice versa, and the plural for the singular
form
and/or vice verse, in any place or places herein in which the context
requires such substitute or
substitutes.
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8.7.
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Integration.
This Agreement, together with any document, procedure, or policy
that
accompanies this Agreement or that Company may incorporate into this
agreement, memorializes and constitutes the final integrated expression
and the complete and exclusive statement of the Agreement and
understanding between the Parties and it supersedes and replaces
all prior
negotiations, proposed agreements, and agreements whether written
or
unwritten.
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8.8.
|
Recitals.
Any recitals to this agreement are binding, and conclusive as to
the
factual matters therein, as to both
Parties.
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8.9.
|
Independent
Legal Advice.
Employee acknowledges:
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a)
|
This
Agreement is executed in reliance wholly on Employee's own judgment
and
knowledge and has not been influenced to any extent whatsoever by
any
representations or statements made by or on behalf of
Company.
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b)
|
Employee
was advised by the Company to seek independent legal advice prior
to the
execution and delivery of this Agreement and that, in the event that
Employee did not avail itself of that opportunity prior to signing
this
agreement, it did so voluntarily and without any undue pressure and
agrees
that any failure to obtain independent legal advice shall not be
used by
Employee as a defense to the enforcement of its obligations under
this
Agreement.
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c)
|
This
Agreement is executed in reliance wholly on Employee own judgment
and
knowledge and has not been influenced to any extent whatsoever by
any
representations or statements made by or on behalf of Company or
its
officers, directors or agents.
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d)
|
Employee
agrees that this agreement is reasonable, valid, and enforceable.
This
agreement shall not be construed against either party, but shall
be given
its fair and generally accepted meaning.
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IN
WITNESS WHEREOF,
this
Agreement has been executed by each of the Parties on the effective date set
forth above.
By: /s/ Xxxxxx Xxxxxxx | |||
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Employee:
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Signature |
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