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Assignment of Work Product

ABOUT THIS DOCUMENT

This is an agreement between a company and its employee providing that any sensitive information the employee learns through the course of the employee's employment will remain confidential and that the employee is prohibited from sharing this information with the public. Confidential information includes trade secrets, patents, profits, revenue, technical information, trademarks and other proprietary information. Additionally, this agreement grants the company with all of the intellectual property rights of any work related product created by the employee. This document is ideal for small businesses and other entities that want to limit exposure of their proprietary information by their employees.

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Text Version

This is an agreement between a company and its employee providing that any sensitive

information the employee learns through the course of the employee's employment will

remain confidential and that the employee is prohibited from sharing this information

with the public. Confidential information includes trade secrets, patents, profits,

revenue, technical information, trademarks and other proprietary information.

Additionally, this agreement grants the company with all of the intellectual property

rights of any work related product created by the employee. This document is ideal for

small businesses and other entities that want to limit exposure of their proprietary

information by their employees.

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ASSIGNMENT OF WORK PRODUCT AND ht

CONFIDENTIALITY AGREEMENT Bi

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THIS ASSIGNMENT OF WORK PRODUCT AND CONFIDENTIALITY AGREEMENT

(this “Agreement”) is effective as of _________ [DATE], by and between re

___________________________ [COMPANY NAME] (the “Employer” or the “Company”), a e

________ _______________________ [STATE] [TYPE OF ENTITY] and In

__________________________ [EMPLOYEE NAME] (the "Employee"), (hereinafter c.

collectively referred to as the “Parties”). 2

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0

Recitals

8.

WHEREAS, Employee wishes to work for Employer; A

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WHEREAS, Employer wishes to hire Employee; ri

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WHEREAS, each of Employer and Employee recognize that Employee’s position at the ht

Company shall expose Employee to certain Confidential Information (as defined below); s

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NOW THEREFORE, each of Employer and Employee wish to enter into this Agreement on the se

terms and conditions set forth below: rv

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Terms d.

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1. DUTY OF LOYALTY AND BEST EFFORTS ro

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The Employee shall devote the Employee's best efforts and substantially all of the Employee's ct

working time to performing his/her duties on behalf of Employer. The Employee shall provide e

services during the hours that are scheduled by Employer. The Employee shall be prompt in d

reporting to work at the assigned time. b

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2. CONFIDENTIALITY th

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A. Exposure. Employee understands that in performance of [HIS/HER] job duties with the co

Employer, Employee may be exposed to the Employer’s trade secrets, patents, and other p

proprietary information (collectively, the “Confidential Information”). yr

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B. Definition. For the purposes of this Agreement, “Confidential Information” shall mean ht

any and all information or material that is commercially valuable to Employer and not la

generally known in the industry. This shall include, but shall not be limited to: w

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i. Any and all versions of the Employer's Internet website or software of

systems (including source code and object code), hardware, firmware and th

documentation; e

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© Copyright 2013 Docstoc Inc. 2 St

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ii. Technical information concerning the Employer's products and services,

including but not limited to, product specifications, diagrams, test results,

inventions, research projects and product development;



iii. Information concerning the Employer's business, including but not limited

to, cost information, profits, revenue, accounting information, business

plans, marketing metho
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