Common use of Execution by All Parties Required to be Binding; Electronically Transmitted Documents Clause in Contracts

Execution by All Parties Required to be Binding; Electronically Transmitted Documents. This Agreement shall not be construed to be an offer and shall have no force and effect until this Agreement is fully executed by all parties hereto. If a copy or counterpart of this Agreement is originally executed and such copy or counterpart is thereafter transmitted electronically by facsimile or similar device, such facsimile document shall for all purposes be treated as if manually signed by the party whose facsimile signature appears. In witness hereof, the parties execute this Employment Agreement as of the date first written above. By: D▇▇▇▇▇ ▇▇▇▇ Title: Chief Executive Officer and Chief Scientific Officer 1. The immediate development of a proprietary technology form inclusion in the Company’s product offerings (“the Product”) and the future development of a proprietary “products”) 2. All duties shall be performed at a location of Employee’s choice, provided the Company shall not incur any costs or expenses of rent or general office expenses. 3. Employee shall, at the request of the Company, attend such marketing, promotional, distributors or directors’ meetings in Nevada or elsewhere in the US provided. a. Employee shall not be required to travel more than three (3) consecutive days or four (4) non-consecutive days in any thirty (30-day period: and b. Employee shall not be required to attend board, distributor or other promotional meetings more frequently that once per calendar quarter. 4. The Company shall be responsible at its cost and expense to research, beta type, test, validate and ship all products. Upon payment of the Minimum Sale Commission, the Company shall receive Product formula and related trade secrets and manufacturing instructions and shall thereafter be responsible for production. 5. The Company and Employee shall agree to other duties from time to time as they may mutually agree.

Appears in 1 contract

Sources: Employment Agreement (Axelerex Corp.)

Execution by All Parties Required to be Binding; Electronically Transmitted Documents. This Agreement shall not be construed to be an offer and shall have no force and effect until this Agreement is fully executed by all parties hereto. If a copy or counterpart of this Agreement is originally executed and such copy or counterpart is thereafter transmitted electronically by facsimile or similar device, such facsimile document shall for all purposes be treated as if manually signed by the party whose facsimile signature appears. In witness hereof, the parties execute this Employment Agreement as of the date first written above. By: D/s/ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer and Chief Scientific Officer 1. The immediate development of a proprietary technology “male pro-health” formula form inclusion in the Company’s product offerings (the the Male Pro-Health Product”) and the future development of a proprietary “products”)female pro-health” formula and/or a “pro-sleep product” for inclusion in the Company’s future product offerings. 2. All duties shall be performed at a location of Employee’s choice, provided the Company shall not incur any costs or expenses of rent or general office expenses. 3. Employee shall, at the request of the Company, attend such marketing, promotional, distributors or directors’ directors meetings in Nevada California or elsewhere in the US provided.; a. Employee shall not be required to travel more than three (3) consecutive days or four (4) non-consecutive days in any thirty (30-30 day period: ; and b. Employee shall not be required to attend board, distributor or other promotional meetings more frequently that once per calendar quarter. 4. Employee shall provide the Company at his own cost and expense the active ingredient in the Male Pro-Health Product until such time as the Company has paid the Minimum Production Bonus of $5,000,000. The Company shall be responsible at its cost and expense to researchblend, beta typeencapsulate, testpackage, validate label and ship all products. Upon payment of the Minimum Sale Commission, the Company shall receive the Male Pro-health Product formula and related trade secrets and manufacturing instructions and shall thereafter be responsible for productionproduction of the active ingredient. 5. The Company and Employee shall agree to other duties from time to time as they may mutually agree. PROPRIETARY INFORMATION AND INVENTION ASSIGNMENT AGREEMENT THIS PROPRIETARY INFORMATION AND INVENTION ASSIGNMENT AGREEMENT (this “Agreement”) is dated as of August 9, 2011 by and between REGENECA, INC., a Nevada corporation (the “Company,” which term includes the Company’s subsidiaries, affiliated entities, successors and assigns), and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ (“Employee”). As a term and condition of Employee’s employment with the Company, and as additional consideration therefor and/or for its continuation at the date hereof, as well as for other good and valuable consideration the receipt and sufficiency of which Employee hereby acknowledges, the Company and Employee hereby agree, and Employee hereby represents and warrants, as follows:

Appears in 1 contract

Sources: Employment Agreement (Regeneca, Inc.)

Execution by All Parties Required to be Binding; Electronically Transmitted Documents. This Agreement shall not be construed to be an offer and shall have no force and effect until this Agreement is fully executed by all parties hereto. If a copy or counterpart of this Agreement is originally executed and such copy or counterpart is thereafter transmitted electronically by facsimile or similar device, such facsimile document shall for all purposes be treated as if manually signed by the party whose facsimile signature appears. In witness hereof, the parties execute this Employment Agreement as of the date first written above. By: D/s/ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer and Chief Scientific Officer 1. The immediate development of a proprietary technology form “male pro-health” formula for inclusion in the Company’s product offerings (the the Male Pro-Health Product”) and the future development of a proprietary “products”)female pro-health” formula and/or a “pro-sleep product” for inclusion in the Company’s future product offerings. 2. All duties shall be performed at a location of Employee’s choice, provided the Company shall not incur any costs or expenses of rent or general office expenses. 3. Employee shall, at the request of the Company, attend such marketing, promotional, distributors or directors’ directors meetings in Nevada California or elsewhere in the US US, provided.; a. Employee shall not be required to travel more than three (3) consecutive days or four (4) non-non –consecutive days in any thirty (30-) day period: ; and b. Employee shall not be required to attend board, distributor or other promotional meetings more frequently that than once per calendar quarter. 4. Employee shall provide to the Company at his own cost and expense the active ingredient in the Male Pro-Health Product until such time as the Company has paid the Minimum Production Bonus of *. The Company shall be responsible at its cost and expense to researchblend, beta typeencapsulate, testpackage, validate label and ship all products. Upon payment of the Minimum Sale Commission, the Company shall receive the Male Pro-Health Product formula and related trade secrets and manufacturing instructions and shall thereafter be responsible for productionproduction of the active ingredient. 5. The Company and Employee shall agree to other duties from time to time as they may mutually agree. PROPRIETARY INFORMATION AND INVENTION ASSIGNMENT AGREEMENT THIS PROPRIETARY INFORMATION AND INVENTION ASSIGNMENT AGREEMENT (this “Agreement”) is dated as of August 9, 2011 by and between REGENECA, INC., a Nevada corporation (the “Company,” which term includes the Company’s subsidiaries, affiliated entities, successors and assigns), and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ (“Employee”). As a term and condition of Employee’s employment with the Company, and as additional consideration therefor and/or for its continuation at the date hereof, as well as for other good and valuable consideration the receipt and sufficiency of which Employee hereby acknowledges, the Company and Employee hereby agree, and Employee hereby represents and warrants, as follows:

Appears in 1 contract

Sources: Employment Agreement (Regeneca, Inc.)

Execution by All Parties Required to be Binding; Electronically Transmitted Documents. This Agreement shall not be construed to be an offer and shall have no force and effect until this Agreement is fully executed by all parties hereto. If a copy or counterpart of this Agreement is originally executed and such copy or counterpart is thereafter transmitted electronically by facsimile or similar device, such facsimile document shall for all purposes be treated as if manually signed by the party whose facsimile signature appears. In witness hereof, the parties execute this Employment Agreement as of the date first written above. By: DBy:/s/ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer and Chief Scientific Officer 1. The immediate development of a proprietary technology form “male pro-health” formula for inclusion in the Company’s product offerings (the the Male Pro-Health Product”) and the future development of a proprietary “products”)female pro-health” formula and/or a “pro-sleep product” for inclusion in the Company’s future product offerings. 2. All duties shall be performed at a location of Employee’s choice, provided the Company shall not incur any costs or expenses of rent or general office expenses. 3. Employee shall, at the request of the Company, attend such marketing, promotional, distributors or directors’ directors meetings in Nevada California or elsewhere in the US US, provided.; a. Employee shall not be required to travel more than three (3) consecutive days or four (4) non-non –consecutive days in any thirty (30-) day period: ; and b. Employee shall not be required to attend board, distributor or other promotional meetings more frequently that than once per calendar quarter. 4. Employee shall provide to the Company at his own cost and expense the active ingredient in the Male Pro-Health Product until such time as the Company has paid the Minimum Production Bonus of *. The Company shall be responsible at its cost and expense to researchblend, beta typeencapsulate, testpackage, validate label and ship all products. Upon payment of the Minimum Sale Commission, the Company shall receive the Male Pro-Health Product formula and related trade secrets and manufacturing instructions and shall thereafter be responsible for productionproduction of the active ingredient. 5. The Company and Employee shall agree to other duties from time to time as they may mutually agree.

Appears in 1 contract

Sources: Employment Agreement (Regeneca, Inc.)