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CONFIDENTIALITY AND NON-COMPETE AGREEMENT

Confidentiality Agreement

CONFIDENTIALITY AND NON-COMPETE AGREEMENT | Document Parties: Clarion Sensing Systems, Inc. You are currently viewing:
This Confidentiality Agreement involves

Clarion Sensing Systems, Inc.

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Title: CONFIDENTIALITY AND NON-COMPETE AGREEMENT
Date: 3/8/2005

CONFIDENTIALITY AND NON-COMPETE AGREEMENT, Parties: clarion sensing systems  inc.
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                                                                   Exhibit 10.18

 

                    CONFIDENTIALITY AND NON-COMPETE AGREEMENT

 

      The undersigned, for good and valuable consideration, the sufficiency of

which is hereby acknowledged, agrees with Clarion Sensing Systems, Inc.

(formerly Clarion Sensing Systems Acquisition Corp.) and Electronic Control

Security, Inc. ,and its Affiliates (as that term is defined in the Asset

Purchase Agreement, dated March 4, 2005, and their respective successors and

assigns ( collectively the "Company") as follows:

 

      During the period of his/her employment or engagement by, placement with

or other relationship with the Company as a service provider and at all times

thereafter following the termination of his/her employment, engagement,

placement or other service-providing relationship, the undersigned agrees that

he shall not use or disclose to any person, firm, or corporation any

confidential information, trade secrets or know-how of which the undersigned

becomes informed in the course of employment or engagement by, placement with or

other service-providing relationship with the Company, whether or not developed

by the undersigned ("Confidential Information"). The Confidential Information

shall include, but shall not be limited to, formulae, manufacturing processes,

pricing policies, customer lists, customer purchasing requirements, and sales

and services methods and systems of the Company. Information which is publicly

available is not considered Confidential Information for purposes of this

Agreement.

 

      Any and all inventions, discoveries and improvements conceived, developed

or made by the undersigned during the course of his/her employment or engagement

by, placement with or other service-providing relationship with the Company as

part of or in the course of that employment, engagement, placement or service

relationship (and not as a result of the undersigned's independent activities

away from the business premises of the Company) shall be the exclusive property

of the Company and the undersigned agrees to disclose promptly to the Company

any and all such inventions, discoveries and improvements. Without additional

compensation therefore, the undersigned agrees to execute any and all

applications, assignments or other instruments which the Company shall request

to apply for and obtain Letters Patent of the United States or any foreign

country therefore, to otherwise protect t


 
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