Common use of Confidentiality and Inventions Clause in Contracts

Confidentiality and Inventions. The Company’s most valuable assets include its Confidential Information and Inventions (which are defined in Section 7). As a condition of employment, and in exchange for payment of the Executive’s salary, wages, and other compensation, the Executive (including the Executive’s heirs, executors, administrators and assigns) and the Company agree that:

Appears in 2 contracts

Sources: Employment Agreement (Schering Plough Corp), Employment Agreement (Schering Plough Corp)