PROPRIETARY INFORMATION, CONFIDENTIALITY AND INVENTIONS ASSIGNMENT AGREEMENT
Exhibit 99.6
PROPRIETARY INFORMATION, CONFIDENTIALITY
AND INVENTIONS ASSIGNMENT AGREEMENT
AND INVENTIONS ASSIGNMENT AGREEMENT
The undersigned,
_____, in consideration of and as a condition of my engagement as an
employee of HeartWare Inc., a Delaware corporation (the “Company”), does hereby agree with the
Company as follows:
1. I will not, whether during or after the termination or for a period of five (5) years after
cessation of my employment, reveal to any person, association or company any of the trade secrets
or confidential information concerning the organization, business or finances of the Company so far
as they have come or may come to my knowledge, except as may be necessary in the course of my
duties for the Company or to the extent that such trade secrets or confidential information come to
be in the public domain through no fault of mine, or I am required to disclose such information as
a matter of law, including pursuant to court order, and I shall keep secret all matters entrusted
to me and shall not use or attempt to use any such information in any manner which could reasonably
be expected to injure or cause loss or may be calculated to injure or cause loss whether directly
or indirectly to the Company or for any purpose other than the performance of my duties on behalf
of the Company.
Further, I agree that during the period of my employment I shall not make, use or permit to be
used, even if not in the nature of a trade secret or otherwise marked confidential, any notes,
memoranda, drawings, specifications, programs, data, know how, trade secrets, or other materials of
any nature relating to any matter within the scope of the business of the Company or concerning any
of its dealings or affairs otherwise than for the benefit of the Company. I further agree that I
shall not, for a period of five (5) years after the termination of my employment, use or permit to
be used, even if not in the nature of a trade secret or otherwise marked confidential, any such
notes, memoranda, drawings, specifications, programs, data, know how, trade secrets, or other
materials, it being agreed that any of the foregoing shall be and remain the sole and exclusive
property of the Company and that immediately upon the termination or cessation of my employment I
shall deliver all of the foregoing, and all copies thereof, to the Company, at its main office.
2. If at any time or times during my employment, I shall (either alone or with others) make,
conceive, discover, reduce to practice or become possessed of any invention, modification,
discovery, design, development, improvement, process, formula, data, technique, know-how, secret or
intellectual property right whatsoever or any interest therein (whether or not patentable or
registrable under copyright or similar statutes or subject to analogous protection) (herein called
“Inventions”) in any application that relates to the business of the Company or any of the products
or services being developed, manufactured, marketed, sold or otherwise provided by the Company or
which may conveniently be used in relation therewith, or results from tasks assigned me by the
Company or results from the use of premises, equipment, supplies, facilities or confidential
information owned, leased or contracted for by the Company (“Company Inventions”), such Company
Inventions and the benefits thereof shall, from the moment of their creation or fixation in
tangible media, immediately become the sole and absolute property of the Company, and I shall
promptly disclose to the Company (or any persons designated by it) each such Company Invention and
hereby irrevocably and perpetually assign any rights, including without limitation any patent,
copyright or other intellectual property rights, I may have or acquire in the Company Inventions
and benefits and/or rights resulting therefrom to the Company without compensation and shall communicate, without cost or delay, and without
publishing the same, all available information relating thereto (with all necessary plans and
models) to the Company. I hereby further represent and acknowledge that any and all such Company
Inventions made, conceived, discovered or reduced to practice prior to the date hereof, whether or
not I am the named inventor, are owned solely by the Company, and that I have no right, title or
interest therein, and I agree that upon the request of the Company, and without any compensation to
me, I will take such action and execute such documents as the Company may request to evidence and
perfect the Company’s ownership of such Company Inventions.
I will also promptly disclose to the Company any Invention made, conceived, discovered,
reduced to practice or possessed by me (either alone or with others) at any time or times during my
employment for the purpose of determining whether they constitute “Company Inventions,” as defined
herein.
Upon disclosure of each Company Invention to the Company, I will, at the request and cost of
the Company, sign, execute, make and do all such deeds, documents, acts and things as the Company
and its duly authorized agents may reasonably require:
(a) to apply for, obtain and vest in the name of the Company alone (unless the Company
otherwise directs) letters patent, copyrights or other analogous protection for any such
Company Invention in any country throughout the world and when so obtained or vested to renew
and restore the same; and
(b) to defend any opposition proceedings in respect of such applications and any
opposition proceedings or petitions or applications for revocation of such letters patent,
copyright or other analogous protection.
In the event the Company is unable, after reasonable effort, to secure my signature on any
letters patent, copyright or other analogous protection relating to a Company Invention, whether
because of my physical or mental incapacity or for any other reason whatsoever, I hereby
irrevocably designate and appoint the Company and its duly authorized officers and agents as my
agent and attorney-in-fact (which designation and appointment shall be (i) deemed coupled with an
interest and (ii) irrevocable, and shall survive my death or incapacity), to act for and in my
behalf and stead to execute and file any such application or applications and to do all other
lawfully permitted acts to further the prosecution and issuance of letters patent, copyright or
other analogous protection thereon with the same legal force and effect as if executed by me.
In addition to the foregoing assignment of Company Inventions to the Company, I hereby
irrevocably transfer and assign to the Company: (i) all worldwide patents, patent applications,
copyrights, mask works, trade secrets and other intellectual property rights in any Company
Invention; and (ii) any and all “Moral Rights” (as defined below) that I may have in or with
respect to any Company Invention. I also hereby forever waive and agree never to assert any and
all Moral Rights I may have in or with respect to any Company Invention, even after termination of
my work on behalf of the Company. “Moral Rights” mean any rights to claim authorship of an
Invention, to object to or prevent the modification of any Invention, or to withdraw from
circulation or control the publication or distribution of any Invention, and any similar right,
existing under judicial or statutory law of any country in the world, or under any treaty,
regardless of whether or not such right is denominated or generally referred to as a “moral right.”
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3. I agree that any breach, or threatened breach, of this Agreement by me could cause
irreparable damage and that in the event of such breach, or threatened breach, the Company shall
have, in addition to any and all remedies of law, the right to an injunction, specific
performanceas well as all other equitable relief, to prevent the violation of my obligations
hereunder without the necessity of any proof of actual damages or the posting of a bond or other
security.
4. I understand that this Agreement, by itself, does not create an employment agreement with
the Company or other obligation on the part of the Company to retain my services as an employee.
5. I represent that the Inventions identified in the pages, if any, attached hereto comprise
all the Inventions which I have made or conceived prior to my engagement by the Company, which
Inventions are excluded from this Agreement. I understand that it is only necessary to list the
title of such Inventions and the purpose thereof but not details of the Invention itself. IF THERE
ARE ANY SUCH UNPATENTED INVENTIONS TO BE EXCLUDED, THE UNDERSIGNED SHOULD INITIAL HERE. OTHERWISE
IT WILL BE DEEMED THAT THERE ARE NO SUCH EXCLUSIONS.
_____
I further represent that I am free to enter into an employment relationship with the Company,
and my performance of all the terms of this Agreement, and my performance as an employee of the
Company, does not and will not breach any agreement with a third party, including but not limited
to any agreement to keep in confidence proprietary information acquired by me in confidence or in
trust prior to my engagement by the Company. I have not entered into, and I agree I will not enter
into, any agreement either written or oral in conflict herewith. I further agree to indemnify the
Company to the extent it is made a party to any lawsuit based upon my violation of any such
agreement.
I further represent that if the representations set forth in the preceding paragraph are
inapplicable, I have attached hereto a copy of each agreement, if any, which presently affects my
compliance with the terms of this Agreement (such copy specifies the other contracting party or
employer, the date of such agreement, the date of termination of any employment.) IF THERE ARE ANY
SUCH AGREEMENTS, THE UNDERSIGNED SHOULD INITIAL HERE. OTHERWISE IT WILL BE DEEMED THAT THERE ARE
NO SUCH AGREEMENTS.
_____
I further represent that I have or will return all property, including documents,
memoranda, software or other record containing information belonging to my former employer(s) and
will not bring any such materials to the Company’s premises or otherwise use any such material in
performing work for the Company. I further agree to indemnify the Company to the extent it is made
a party to any lawsuit based upon my violation of this representation.
6. Any waiver by the Company of a breach of any provisions of this Agreement shall not operate
or be construed as a waiver of any subsequent breach hereof.
7. I hereby agree that each provision herein shall be treated as a separate and independent
clause, and the unenforceability of any one clause shall in no way impair the enforceability of any
of the other clauses herein. Moreover, if one or more of the provisions contained in this
Agreement shall for any reason be held to be excessively broad as to scope, activity or subject so
as to be unenforceable at law, such provision or provisions shall be
construed by the appropriate judicial body by limiting and reducing it or them, so as to be
enforceable to the extent compatible with the applicable law as it shall then appear.
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8. My obligations under this Agreement shall survive the termination or cessation of my
employment regardless of the manner of such termination or cessation and shall be binding upon my
heirs, executors and administrators.
9. This Agreement shall be governed by, and construed in accordance with, the laws of the
Commonwealth of Massachusetts.
10. For purposes of this Agreement, the term “employment” shall also mean any period of
consultancy with the Company that may follow formal employment by the Company.
11. The term “Company” shall include HeartWare Inc., a Delaware corporation, HeartWare
Limited, as Australian corporation, and any of their predecessors, successors, parents,
subsidiaries, subdivisions, affiliates or assigns. The parties agree that the Company shall have
the right to assign this Agreement to its successors and assigns, and all covenants and agreements
hereunder shall inure to the benefit of and be enforceable by said successors or assigns, without
requiring Executive to renew this Agreement or execute a new Agreement reflecting the terms
contained herein.
IN WITNESS WHEREOF, the undersigned has executed this Agreement as of the
_____
day of
_____, 2008.
HEARTWARE INC. | ||||||
By: | ||||||
Title: | ||||||
Print: | ||||||
EMPLOYEE: | ||||||
Name: | ||||||
Name: |
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