PETER WEIL AGREEMENT
Exhibit 10
▇▇▇▇▇ ▇▇▇▇ AGREEMENT
THIS AGREEMENT, dated as of September 12, 2006, is between ▇▇▇▇▇▇▇▇, INC., a Delaware corporation and its successors or assignees (“▇▇▇▇▇▇▇▇”) and ▇▇▇▇▇ ▇. ▇▇▇▇, an individual (“▇▇. ▇▇▇▇”).
1. ENGAGEMENT OF SERVICES. ▇▇▇▇▇▇▇▇ is engaging the services, advice, expertise and counsel of ▇▇. ▇▇▇▇ on subjects of corporate management and operations and decision-making within the Office of the Chairman. Subject to the terms of this Agreement, ▇▇. ▇▇▇▇ will, to the best of his ability, render these duties which, during the term of this Agreement, will essentially require ▇▇. ▇▇▇▇’▇ full-time attention. All assignments to ▇▇. ▇▇▇▇ must be approved by mutual agreement of ▇▇. ▇▇▇▇ and either the Chairman of the ▇▇▇▇▇▇▇▇ Board or the ▇▇▇▇▇▇▇▇ Board of Directors (the “Board”) itself, and the scope of ▇▇. ▇▇▇▇’▇ authority and services with respect to such assignments will be similarly determined by mutual agreement. ▇▇. ▇▇▇▇ agrees to serve as a member of ▇▇▇▇▇▇▇▇’▇ Office of the Chairman, which reports directly to the Chairman of the Board of Directors of the Company. ▇▇. ▇▇▇▇’▇ engagement hereunder is at will, and nothing in this Agreement shall confer any right with respect to the continuation of ▇▇. ▇▇▇▇’▇ engagement by ▇▇▇▇▇▇▇▇. ▇▇▇▇▇▇▇▇ will make its employees, facilities and equipment reasonably available to ▇▇. ▇▇▇▇ in order for him to perform his duties under this Agreement. ▇▇. ▇▇▇▇ may not subcontract or otherwise delegate his obligations under this Agreement without ▇▇▇▇▇▇▇▇’▇ prior written consent.
2. COMPENSATION. In view of the time commitments associated with his duties under this Agreement as well as his continuing duties a Director on the Board, and until further action of the Board, ▇▇. ▇▇▇▇ shall be compensated for all services under this Agreement and as a Director for the duration of service under this Agreement with an aggregate cash retainer of $30,000 per month (or pro rata portion of each month, as relevant), payable at the end of each month of service. In this regard and during the term of this Agreement, ▇▇. ▇▇▇▇ shall not receive a separate cash retainer or per Board Meeting fees for his continuing service as a Director of the Board.
As additional compensation, ▇▇▇▇▇▇▇▇ hereby grants to ▇▇. ▇▇▇▇ a non-qualified stock option grant covering 25,000 shares of ▇▇▇▇▇▇▇▇’▇ common stock, with an exercise price equal to 100% of fair market value of the common stock on the date of grant. The foregoing option shall vest over a three-month period on a daily basis (inclusive of week-ends and holidays). Vesting shall cease upon termination of this Agreement, for any reason, and the option shall remain exercisable for a period of five (5) years after the date of grant. The foregoing option grant, and any future grants made pursuant to this Section 2, are in addition to, and not in lieu of, any and all stock option grants to ▇▇. ▇▇▇▇ for his continuing service on the Board.
If this Agreement is not terminated earlier, a comparable stock option grant covering 25,000 shares of common stock shall be made on each three-month anniversary of the Effective Date with comparable terms and conditions.
▇▇. ▇▇▇▇ will promptly be reimbursed for reasonable out-of-pocket expenses incurred in connection with the performance of services under this Agreement provided ▇▇. ▇▇▇▇ submits verification of such expenses as ▇▇▇▇▇▇▇▇ may reasonably require. Upon termination of this Agreement for any reason, ▇▇. ▇▇▇▇ will be paid fees and expenses earned or accrued through the date of termination.
3. INDEPENDENT CONTRACTOR RELATIONSHIP. ▇▇. ▇▇▇▇’▇ relationship with ▇▇▇▇▇▇▇▇ will be that of an independent contractor and nothing in this Agreement should be construed to create a partnership, joint venture, or employer-employee relationship. ▇▇. ▇▇▇▇ will not be entitled to any of the benefits that ▇▇▇▇▇▇▇▇ may make available to its employees, such as group insurance, profit-sharing or retirement benefits. ▇▇. ▇▇▇▇ will be solely responsible for all tax returns and payments required to be filed with or made to any federal, state or local tax authority with respect to his performance of services and receipt of fees under this Agreement. ▇▇▇▇▇▇▇▇ will regularly report amounts paid to ▇▇. ▇▇▇▇ by filing Form 1099-MISC with the Internal Revenue Service as required by law. Because ▇▇. ▇▇▇▇ is an independent contractor, ▇▇▇▇▇▇▇▇ will not withhold or make payments for social security; make unemployment insurance or disability insurance contributions; or obtain worker’s compensation insurance on ▇▇. ▇▇▇▇’▇ behalf. ▇▇. ▇▇▇▇ agrees to accept exclusive liability for complying with all applicable state and federal laws governing self-employed individuals, including obligations such as payment of taxes, social security, disability and other contributions based on fees paid to ▇▇. ▇▇▇▇ , his agents or employees under this Agreement. ▇▇. ▇▇▇▇ hereby agrees to indemnify and defend ▇▇▇▇▇▇▇▇ against any and all such taxes or contributions, including penalties and interest.
4. TRADE SECRETS — INTELLECTUAL PROPERTY RIGHTS. |
4.1 Proprietary Information. ▇▇. ▇▇▇▇ agrees that, at all times during the term of this Agreement and at all times thereafter, he will take all steps necessary to hold all Proprietary Information (as defined below) in the strictest trust and confidence, will not directly or indirectly use any Proprietary Information in any manner or for any purpose not expressly set forth in this Agreement, will not directly or indirectly disclose any Proprietary Information to any third party, and will not exhibit, demonstrate, or otherwise display Proprietary Information without first obtaining the express prior written consent of the Chairman of the Board. “Proprietary Information” means any knowledge, data or other information of or relating to the Company not lawfully in the public domain, including, without limitation, the following:
(a) trade secrets, inventions, mask works, ideas, processes, formulas, source and object codes, data, programs, other works of authorship, know-how, improvements, discoveries, developments, prototypes, experimental work, computer programs, designs, and techniques (hereinafter collectively referred to as “Inventions”);
(b) information regarding development, plans for research, current products, new products, marketing and selling, business or strategic plans, strategies, budgets, licenses, unpublished financial statements, prices and costs, other financial information, suppliers and customers; and
(c) information regarding employees, other consultants and licensees or licensors of ▇▇▇▇▇▇▇▇, as well as the skills and compensation of such persons.
4.2 Third Party Information. ▇▇. ▇▇▇▇ understands that ▇▇▇▇▇▇▇▇ may receive from third parties confidential or proprietary information (“Third Party Information”) subject to a duty on ▇▇▇▇▇▇▇▇’▇ part to maintain the confidentiality of such information and use it only for certain limited purposes. ▇▇. ▇▇▇▇ agrees to hold Third Party Information in confidence and not to directly or indirectly disclose to anyone (other than ▇▇▇▇▇▇▇▇ personnel or authorized representatives who need to know such information in connection with their work for ▇▇▇▇▇▇▇▇) or to use, directly or indirectly, except in connection with ▇▇. ▇▇▇▇’▇ services for ▇▇▇▇▇▇▇▇, Third Party Information unless expressly authorized in writing by the Chairman of the Board.
4.3 No Conflict of Interest. ▇▇. ▇▇▇▇ agrees during the term of this Agreement not to accept work or enter into a contract or accept an obligation, inconsistent or incompatible with ▇▇. ▇▇▇▇’▇ obligations under this Agreement or the scope of his duties rendered for ▇▇▇▇▇▇▇▇. ▇▇. ▇▇▇▇ warrants that to the best of his knowledge that there is no existing contract or duty on ▇▇. ▇▇▇▇’▇ part that may conflict with the terms of this Agreement. ▇▇. ▇▇▇▇ further agrees not to disclose to ▇▇▇▇▇▇▇▇, or bring onto ▇▇▇▇▇▇▇▇’▇ premises, or induce ▇▇▇▇▇▇▇▇ to use any confidential information that belongs to anyone other than ▇▇▇▇▇▇▇▇ or ▇▇. ▇▇▇▇.
4.4 Disclosure of Work Product. As used in this Agreement, the term “Work Product” means any Invention, whether or not patentable, and all related know-how, designs, mask works, trademarks, formulae, processes, manufacturing techniques, trade secrets, ideas, artwork, prototypes, software or other copyrightable or patentable works. ▇▇. ▇▇▇▇ agrees to disclose promptly in writing to ▇▇▇▇▇▇▇▇, or any person designated by ▇▇▇▇▇▇▇▇, all Work Product that is solely or jointly conceived, made, reduced to practice, or learned by ▇▇. ▇▇▇▇ in the course of any work performed for ▇▇▇▇▇▇▇▇ (“▇▇▇▇▇▇▇▇ Work Product”). ▇▇. ▇▇▇▇ represents that any Work Product relating to ▇▇▇▇▇▇▇▇’▇ business or any project that ▇▇. ▇▇▇▇ has made, conceived or reduced to practice at the time of signing this Agreement (“Prior Work Product”) has been disclosed in writing to ▇▇▇▇▇▇▇▇ and attached to this Agreement as Exhibit A. If disclosure of any such Prior Work Product would cause ▇▇. ▇▇▇▇ to violate any prior confidentiality agreement, ▇▇. ▇▇▇▇ understands that he is not to list such Prior Work Product in Exhibit A but he will disclose a cursory name for each such invention, a listing of the party(ies) to whom it belongs, and the fact that full disclosure as to such Prior Work Product has not been made for that reason. A space is provided in Exhibit A for such purpose.
4.5 Ownership of Work Product. ▇▇. ▇▇▇▇ agrees that any and all Inventions conceived, written, created or first reduced to practice in the performance of work under and related to this Agreement shall be the sole and exclusive property of ▇▇▇▇▇▇▇▇.
4.6 Assignment of ▇▇▇▇▇▇▇▇ Work Product. ▇▇. ▇▇▇▇ irrevocably assigns to ▇▇▇▇▇▇▇▇ all right, title and interest worldwide in and to the ▇▇▇▇▇▇▇▇ Work Product and all applicable intellectual property rights related to the ▇▇▇▇▇▇▇▇ Work Product, including without limitation, copyrights, trademarks, trade secrets, patents, moral rights, contract and licensing rights (the “Proprietary Rights”). Except as set forth below, ▇▇. ▇▇▇▇ retains no rights to use
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the ▇▇▇▇▇▇▇▇ Work Product and agrees not to challenge the validity of ▇▇▇▇▇▇▇▇’▇ ownership in the ▇▇▇▇▇▇▇▇ Work Product.
4.7 Waiver or Assignment of Other Rights. If ▇▇. ▇▇▇▇ has any rights to the ▇▇▇▇▇▇▇▇ Work Product that cannot be assigned to ▇▇▇▇▇▇▇▇, ▇▇. ▇▇▇▇ unconditionally and irrevocably waives the enforcement of such rights, and all claims and causes of action of any kind against ▇▇▇▇▇▇▇▇ with respect to such rights, and agrees, at ▇▇▇▇▇▇▇▇’▇ request and expense, to consent to and join in any action to enforce such rights. If ▇▇. ▇▇▇▇ has any right to the ▇▇▇▇▇▇▇▇ Work Product that cannot be assigned to ▇▇▇▇▇▇▇▇ or waived by ▇▇. ▇▇▇▇, ▇▇. ▇▇▇▇ unconditionally and irrevocably grants to ▇▇▇▇▇▇▇▇ during the term of such rights, an exclusive, irrevocable, perpetual, worldwide, fully paid and royalty-free license, with rights to sublicense through multiple levels of sublicensees, to reproduce, create derivative works of, distribute, publicly perform and publicly display by all means now known or later developed, such rights.
4.8 Assistance. ▇▇. ▇▇▇▇ agrees to cooperate with ▇▇▇▇▇▇▇▇ or its designee(s), both during and after the term of this Agreement, in the procurement and maintenance of ▇▇▇▇▇▇▇▇’▇ rights in ▇▇▇▇▇▇▇▇ Work Product and to execute, when requested, any other documents deemed necessary by ▇▇▇▇▇▇▇▇ to carry out the purpose of this Agreement. ▇▇. ▇▇▇▇ agrees to promptly execute upon ▇▇▇▇▇▇▇▇’▇ request a signed transfer of copyright to ▇▇▇▇▇▇▇▇ in the form attached to this Agreement as Exhibit B for all ▇▇▇▇▇▇▇▇ Work Product subject to copyright protection, including, without limitation, computer programs, notes, sketches, drawings and reports.
4.9 Enforcement of Proprietary Rights. ▇▇. ▇▇▇▇ will assist ▇▇▇▇▇▇▇▇ in every proper way to obtain, and from time to time enforce, United States and foreign Proprietary Rights relating to ▇▇▇▇▇▇▇▇ Work Product in any and all countries. To that end ▇▇. ▇▇▇▇ will execute, verify and deliver such documents and perform such other acts (including appearances as a witness) as ▇▇▇▇▇▇▇▇ may reasonably request for use in applying for, obtaining, perfecting, evidencing, sustaining and enforcing such Proprietary Rights and the assignment thereof. In addition, ▇▇. ▇▇▇▇ will execute, verify and deliver assignments of such Proprietary Rights to ▇▇▇▇▇▇▇▇ or its designee. ▇▇. ▇▇▇▇’▇ obligation to assist ▇▇▇▇▇▇▇▇ with respect to Proprietary Rights relating to such ▇▇▇▇▇▇▇▇ Work Product in any and all countries shall continue beyond the termination of this Agreement, but ▇▇▇▇▇▇▇▇ shall compensate ▇▇. ▇▇▇▇ at a reasonable rate after such termination for the time actually spent by ▇▇. ▇▇▇▇ at ▇▇▇▇▇▇▇▇’▇ request on such assistance.
4.10 Execution of Documents. In the event ▇▇▇▇▇▇▇▇ is unable for any reason, after reasonable effort, to secure ▇▇. ▇▇▇▇’▇ signature on any document needed in connection with the actions specified in the preceding Sections 4.8 and 4.9, ▇▇. ▇▇▇▇ hereby irrevocably designates and appoints ▇▇▇▇▇▇▇▇ and its duly authorized officers and agents as his agent and attorney-in-fact, which appointment is coupled with an interest, to act for and on his behalf to execute, verify and file any such documents and to do all other lawfully permitted acts to further the purposes of the preceding paragraph with the same legal force and effect as if executed by ▇▇. ▇▇▇▇. ▇▇. ▇▇▇▇ hereby waives and quitclaims to ▇▇▇▇▇▇▇▇ any and all claims, of any nature whatsoever, that ▇▇. ▇▇▇▇ now or may hereafter have for infringement of any Proprietary Rights assigned or attempted to be assigned hereunder to ▇▇▇▇▇▇▇▇.
5. ▇▇. ▇▇▇▇’▇ REPRESENTATIONS AND WARRANTIES. ▇▇. ▇▇▇▇ hereby represents and warrants to ▇▇▇▇▇▇▇▇ that:
(a) the ▇▇▇▇▇▇▇▇ Work Product will be an original work of ▇▇. ▇▇▇▇ and any third parties will have executed assignment of rights reasonably acceptable to ▇▇▇▇▇▇▇▇;
(b) neither the ▇▇▇▇▇▇▇▇ Work Product nor any element thereof will infringe the Intellectual Property Rights of any third party;
(c) neither the ▇▇▇▇▇▇▇▇ Work Product nor any element thereof will be subject to any restrictions or to any mortgages, liens, pledges, security interests, encumbrances or encroachments;
(d) ▇▇. ▇▇▇▇ will not grant, directly or indirectly, any rights or interest whatsoever in the ▇▇▇▇▇▇▇▇ Work Product to third parties;
(e) ▇▇. ▇▇▇▇ has full right and power to enter into and perform this Agreement without the consent of any third party; and
(f) ▇▇. ▇▇▇▇ will take all reasonably necessary precautions to prevent injury to any persons (including employees of ▇▇▇▇▇▇▇▇) or damage to property (including ▇▇▇▇▇▇▇▇’▇ property) during the term of this Agreement.
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6. INDEMNIFICATION. ▇▇. ▇▇▇▇ will indemnify and hold harmless ▇▇▇▇▇▇▇▇, its officers, directors, |
employees, sublicensees, customers and agents from any and all claims, losses, liabilities, damages, expenses and costs (including actual attorneys’ fees and court costs) that result from a breach or alleged breach of any representation or warranty of ▇▇. ▇▇▇▇ (a “Claim”) set forth in Section 5 of this Agreement, provided that ▇▇▇▇▇▇▇▇ gives ▇▇. ▇▇▇▇ written notice of any such Claim and ▇▇. ▇▇▇▇ has the right to participate in the defense of any such Claim at his expense. Notwithstanding this right of participation, ▇▇▇▇▇▇▇▇ retains the sole and exclusive right to select legal counsel for itself. From the date of written notice from ▇▇▇▇▇▇▇▇ to ▇▇. ▇▇▇▇ of any such Claim, ▇▇▇▇▇▇▇▇ shall have the right to withhold from any payments due ▇▇. ▇▇▇▇ under this Agreement the amount of any defense costs, plus additional reasonable amounts as security for ▇▇. ▇▇▇▇’▇ obligations under this Section 6.
7. TERMINATION. |
7.1 Termination by ▇▇▇▇▇▇▇▇. ▇▇▇▇▇▇▇▇ may terminate this Agreement at its convenience and without any breach by ▇▇. ▇▇▇▇ upon written notice to ▇▇. ▇▇▇▇. ▇▇▇▇▇▇▇▇ may also terminate this Agreement immediately in its sole discretion upon ▇▇. ▇▇▇▇’▇ material breach of Section 4 or any other section of this Agreement.
7.2 Termination by ▇▇. ▇▇▇▇. ▇▇. ▇▇▇▇ may terminate this Agreement at any time upon written notice to ▇▇▇▇▇▇▇▇. ▇▇. ▇▇▇▇ may also terminate this Agreement immediately in his sole discretion upon ▇▇▇▇▇▇▇▇’▇ material breach of this Agreement.
7.3 Return of ▇▇▇▇▇▇▇▇ Property. Upon termination of the Agreement for any reason, ▇▇. ▇▇▇▇ will deliver to ▇▇▇▇▇▇▇▇ any and all drawings, notes, computer source or object code, memoranda, specifications, devices, formulas, and documents, together with all copies thereof, and any other material containing or disclosing any ▇▇▇▇▇▇▇▇ Work Product, Third Party Information or Proprietary Information of ▇▇▇▇▇▇▇▇. ▇▇. ▇▇▇▇ further agrees that any property situated on ▇▇▇▇▇▇▇▇’▇ premises and owned by ▇▇▇▇▇▇▇▇, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Ashworth personnel at any time with or without notice.
8. GENERAL PROVISIONS. |
8.1 Governing Law. This Agreement will be governed and construed in accordance with the laws of the State of California as applied to transactions taking place wholly within California between California residents, without giving effect to principles of conflict of laws. ▇▇. ▇▇▇▇ hereby expressly and irrevocably consents to the personal jurisdiction of the state and federal courts located in San Diego County or Orange County, California for any lawsuit filed arising from or related to this Agreement and any suit arising from this Agreement shall be brought in those courts.
8.2 Severability. In case any one or more of the provisions contained in this Agreement shall, for any reason, be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect the other provisions of this Agreement, and this Agreement shall be construed as if such invalid, illegal or unenforceable provision had never been contained herein. Moreover, if any one or more of the provisions contained in this Agreement shall for any reason be held to be excessively broad as to duration, geographical scope, activity or subject, it shall be construed by limiting and reducing it, so as to be enforceable to the extent compatible with the applicable law as it shall then appear.
8.3 No Assignment. This Agreement may not be assigned by ▇▇. ▇▇▇▇ without ▇▇▇▇▇▇▇▇’▇ prior written consent, and any such attempted assignment shall be void and of no effect.
8.4 Notices. All notices, requests and other communications under this Agreement must be in writing, and must be mailed by registered or certified mail, postage prepaid and return receipt requested, or delivered by hand to the party to whom such notice is required or permitted to be given. If mailed, any such notice will be considered to have been given three (3) business days after it was mailed, as evidenced by the postmark. If delivered by hand, any such notice will be considered to have been given when received by the party to whom notice is given, as evidenced by written and dated receipt of the receiving party. The mailing address for notice to either party will be the address shown on the signature page of this Agreement. Either party may change its mailing address by notice as provided by this section.
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8.5 Legal Fees. If any dispute arises between the parties with respect to the matters covered by this Agreement which leads to a proceeding to resolve such dispute, the prevailing party in such proceeding shall be entitled to receive its actual attorneys’ fees, expert witness fees and out-of-pocket costs incurred in connection with such proceeding, in addition to any other relief it may be awarded.
8.6 Injunctive Relief. ▇▇. ▇▇▇▇ agrees that any breach of this Agreement will result in irreparable and continuing damage to ▇▇▇▇▇▇▇▇ for which there may be no adequate remedy at law, and the ▇▇▇▇▇▇▇▇ is therefore entitled to seek injunctive relief in addition to such other and further relief as may be appropriate. All applicable actions may be taken by the ▇▇▇▇▇▇▇▇ without bond and without prejudice to any other rights and remedies that the ▇▇▇▇▇▇▇▇ may have for a breach of this Agreement. The failure of the ▇▇▇▇▇▇▇▇ to promptly institute legal action upon any breach of this Agreement shall not constitute a waiver of that or any other breach hereof.
8.7 Survival. The following provisions shall survive termination of this Agreement: Section 4, Section 5, Section 6 and Section 8.
8.8 Export. ▇▇. ▇▇▇▇ agrees not to export, directly or indirectly, any U.S. source technical data acquired from ▇▇▇▇▇▇▇▇ or any products utilizing such data to countries outside the United States, which export may be in violation of the United States export laws or regulations.
8.9 Waiver. No waiver by ▇▇▇▇▇▇▇▇ or ▇▇. ▇▇▇▇ of any breach of this Agreement shall be a waiver of any preceding or succeeding breach. No waiver by ▇▇▇▇▇▇▇▇ or ▇▇. ▇▇▇▇ of any right under this Agreement shall be construed as a waiver of any other right. Neither ▇▇▇▇▇▇▇▇ nor ▇▇. ▇▇▇▇ shall be required to give notice to enforce strict adherence to all terms of this Agreement.
8.10 Entire Agreement. This Agreement is the final, complete and exclusive agreement of the parties with respect to the subject matter hereof and supersedes and merges all prior discussions between us. No modification of or amendment to this Agreement, nor any waiver of any rights under this Agreement, will be effective unless in writing and signed by the party to be charged. The terms of this Agreement will govern all duties undertaken by ▇▇. ▇▇▇▇ for ▇▇▇▇▇▇▇▇.
8.11 Counterparts. Facsimile transmission of any signed original of this Agreement will be deemed the same as delivery of an original. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original and each of which together shall be deemed one and the same instrument.
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IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their duly authorized representative as of the 12th day of September, 2006.
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▇▇▇▇▇▇▇▇, INC. |
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By: |
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/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ |
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Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ |
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Title: Chairman of the Board |
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▇▇▇▇▇ ▇. ▇▇▇▇ |
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/s/ ▇▇▇▇▇ ▇. ▇▇▇▇ |
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▇▇▇▇▇ ▇. ▇▇▇▇ |
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For copyright registration purposes only, ▇▇. ▇▇▇▇ needs to provide the following information:
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Address: |
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Date of Birth: |
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Nationality or Domicile: |
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EXHIBIT A
PRIOR WORK PRODUCT DISCLOSURE
1. Except as listed in Section 2 below, the following is a complete list of all Prior Work Product that have been made or conceived or first reduced to practice by ▇▇. ▇▇▇▇ alone or jointly with others prior to the date of this Agreement:
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/x/ |
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No inventions or improvements. |
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See below: |
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List other work product here: |
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Additional sheets attached. |
2. Due to a prior confidentiality agreement, ▇▇. ▇▇▇▇ cannot complete the disclosure under Section 1 above with respect to inventions or improvements generally listed below, the proprietary rights and duty of confidentiality with respect to which ▇▇. ▇▇▇▇ owes to the following party(ies):
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Invention or Improvement |
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Party(ies) |
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Relationship |
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2. |
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3. |
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Additional sheets attached. |
7
EXHIBIT B
ASSIGNMENT OF COPYRIGHT
For good and valuable consideration which has been received, the undersigned sells, assigns and transfers to ▇▇▇▇▇▇▇▇, and its successors and assigns, the copyright in and to the following work, which was created by the following indicated author(s):
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Title: |
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Author(s): |
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Copyright Office Identification No. (if any): |
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and all of the right, title and interest of the undersigned, vested and contingent, therein and thereto.
Executed this ___ day of |
, 20___. |
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Signature: |
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Printed Name: |
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