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Proprietary Rights Agreement

ABOUT THIS DOCUMENT

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.

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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









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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 Ag
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