This is an agreement between a company and an employee that requires the employee to keep confidential certain proprietary information that he or she learns during the course of employment. Confidential information includes, but is not limited to, patents, trade secrets, business plans, designs, copyrighted work, ideas, discoveries, and models. This document should be used by small businesses or other entities that want to limit the exposure of their confidential and proprietary information.
This is an agreement between a company and an employee that requires the employee to keep confidential certain proprietary information that he or she learns during the course of employment. Confidential information includes, but is not limited to, patents, trade secrets, business plans, designs, copyrighted work, ideas, discoveries, and models. This document should be used by small businesses or other entities that want to limit the exposure of their confidential and proprietary information. PROPRIETARY RIGHTS AND CONFIDENTIAL INFORMATION AGREEMENT This PROPRIETARY RIGHTS AND CONFIDENTIAL INFORMATION AGREEMENT (the “Agreement”) sets forth the understanding between ____________________________ (“You” or “Your”) and ______________________________________ (“Company”) concerning Your relationship as an employee of Company and Your treatment of Company’s confidential and proprietary information. Company has agreed to employ You with the understanding and expectation that You agree to and will abide by the following terms and conditions: 1. Proprietary Information Your employment with Company creates a relationship of confidence and trust with respect to certain information of a confidential or proprietary nature that may be disclosed to You by Company or learned by You in the course of fulfilling Your duties at Company, relating to: (a) the business of Company or that of any of its subsidiaries, affiliates, customers, suppliers, or (b) any confidential information third parties disclose to Company. Such confidential and proprietary information includes, but is not limited to, information concerning business strategies, products, inventions, patents, financial information and forecasts, personal information and member-consumer lists. You understand that this information or work product may be created by You, alone, or in collaboration with other employees. All such information or work product shall be referred to herein collectively as “Proprietary Information.” 2. Confidentiality of Proprietary Information At all times, both during Your employment with Company and after its termination, You agree to keep all Proprietary Information in confidence and trust and to not use or disclose any such Proprietary Information without the written consent of Company, except as may be necessary to perform Your duties as an employee of Company. You will promptly deliver to Company all documents and materials of any kind pertaining to Your work with Company, and You will not take with You any documents, materials, or copies thereof, whether on paper, magnetic or optical media, or any other medium, containing Proprietary Information. 3. Information of Former Employer(s) You agree that during Your employment with Company, You will not improperly use or disclose any confidential or proprietary information of Your former employer(s). 4. No Conflicting Obligations a. No Conflicting Employment © Copyright 2013 Docstoc Inc. 2 You agree that during the term of Your employment with Company, You will neither plan or engage in any other employment, occupation, consulting, or other business activity directly related to the business in which Company is now involved or becomes involved during the term of Your employment nor will You engage in any other activities that conflict with Your employment obligations to Company. b. No Conflicting Agreements You represent to Company that You have no other agreement or commitments that would hinder or prevent the full performance of Your duties as a Company employee or Your obligations under this Agreement, and You agree not to enter into such conflicting agreement during the term of Your employment with Company. c. Disclosure of Agreement You hereby authorize Company to notify others, including customers of Company, and any future employers You may have, of the terms of this Agreement and Your responsibilities under hereunder. 5. No Implied Employment Rights You understand and agree that this Agreement neither confers upon You any right to continued employment with Company that You would not otherwise have nor does it obligate Company to employ You for any specific period of time. 6. General Provisions a. Severability If one of more of the provisions of this Agreement is deemed void by law, the remaining provisions will continue in full force and effect. b. Governing Law The laws of the State of ___________________ (State’s name) govern this Agreement. c. Entire Agreement This Agreement sets forth the entire Agreement and understanding between You and Company relating to the subject matter of this Agreement. No modification or amendment of this Agreement or waiver of any rights under this Agreement will be effective unless in writing signed by both You and an authorized representative of Company. Any subsequent changes in Your duties, salary, or compensation will not affect the validity or scope of this Agreement. d. Successors and Assigns © Copyright 2013 Docstoc Inc. 3 This Agreement will be binding upon You and Your heirs, executors, administrators, and other legal representatives and will be for the benefit of Company, its successors, and assigns. YOU ATTEST THAT YOU HAVE READ AND FULLY UNDERSTAND THIS DOCUMENT AND THE CONSEQUENCES THEREOF AND THAT YOU ARE IN AGREEMENT WITH ALL OF THE ITEMS AND CONDITIONS CONTAINED HEREIN. IN WITNESS WHEREOF, each party has executed this Agreement as of the date first above written. COMPANY EMPLOYEE ______________________ ___________________________ [NAME] [NAME] © Copyright 2013 Docstoc Inc. 4
Pages to are hidden for
"Proprietary Rights Agreement"Please download to view full document