Exhibit 10.33
OMNIVISION TECHNOLOGIES,
INC.
CONSULTING
AGREEMENT
This Consulting Agreement (the
“Agreement”) is made effective as of September 30,
2008 (the “Effective Date”) by and between OmniVision
Technologies, Inc. and its affiliates (together, the
“Company”) and Peter V. Leigh,
(“Consultant”).
RECITALS
WHEREAS, the Consultant has tendered
his resignation as the Company’s Chief Financial Officer
effective as of September 30, 2008 (the ‘Resignation
Date”);
WHEREAS, the Company and the
Consultant have agreed to enter into a consulting arrangement
whereby the Consultant will be available to assist in the new Chief
Financial Officer’s transition into such position;
and
WHEREAS, immediately following the
Resignation Date until April 30, 2009, the Consultant will
serve as a consultant to the Company, subject to the terms and
conditions set forth herein.
NOW, THEREFORE, in consideration of
the premises and the mutual promises set forth herein, and
intending to be legally bound hereby, the parties hereby agree as
follows:
1.
SERVICES.
1.1
The Company
hereby retains Consultant and Consultant agrees to perform for the
Company the services described in Exhibit A (the
“Services”). The Company may amend Exhibit A
at any time to reflect the development and/or production needs of
the Company. Consultant will keep the Company advised as to
Consultant’s progress in performing the Services and will, as
requested by the Company from time to time, promptly prepare
written notes and/or reports regarding such progress.
1.2
The Company and
Consultant agree that the compensation for the Services shall be
set forth in Exhibit B.
2.
CONFIDENTIALITY.
2.1
“Confidential
Information” means any proprietary information, technical
data, trade secrets or know-how, including research, product ideas,
product plans, products, services, customers, customer lists,
markets, software, developments, inventions, processes, formulas,
technology, designs, drawings, hardware configuration information,
marketing, finances or other business information disclosed by the
Company, either directly or indirectly in writing, orally or by
drawings or inspection of parts or equipment. Confidential
Information does not include information which (i) is known to
Consultant at the time of disclosure by the Company as evidenced by
written records of Consultant, (ii) has become publicly known
and made generally available through no wrongful act or non-act of
Consultant, or (iii) has been rightfully received by
Consultant from a third party who is authorized to make such
disclosure.
2.2
Consultant
recognizes and acknowledges that in the course of performing the
Services, Consultant will have access to Confidential
Information. Consultant will not use Confidential Information
for any purpose whatsoever other than the performance of the
Services on behalf of the Company or disclose the Company’s
Confidential Information to any third party. The Confidential
Information shall remain the sole property of the Company.
Consultant further agrees to take all reasonable
precautions to
prevent any unauthorized disclosure of such Confidential
Information. Without the Company’s prior written approval,
Consultant will not directly or indirectly disclose to anyone the
existence of this Agreement or the fact that Consultant has this
arrangement with the Company.
2.3
Consultant will
not, during the term of this Agreement, (i) improperly use or
disclose any proprietary information or trade secrets of any former
or current employer or other person or entity which Consultant is
obligated to keep confidential; or (ii) improperly use work
time or facilities of the current employer to do any work related
to the performance of the Services. Consultant will indemnify the
Company and hold it free and harmless from and against all claims,
liabilities, damages and expenses, including reasonable attorneys
fees and costs of suit, arising out of or in connection with any
violation or claimed violation of a third party’s rights
resulting in whole or in part from the Company’s use of the
work product of Consultant under this Agreement.
2.4
Consultant
recognizes that the Company may from time to time receive
confidential or proprietary information from third parties.
Consultant is obligated to the Company and such third parties, to
hold all such confidential or proprietary information in the
strictest confidence and not to disclose it to any person, firm or
corporation or to use it except as necessary in carrying out the
Services for the Company consistent with the Company’s
agreement with such third party.
2.5
Upon the
termination of this Agreement, or upon Company’s earlier
request, Consultant will promptly deliver to the Company all of the
Company’s property and Confidential Information in tangible
form in Consultant’s possession or control.
3.
INVENTION ASSIGNMENT AND
OWNERSHIP.
3.1
Consultant agrees
that all copyrightable works, notes, records, drawings, designs,
compositions, inventions (whether patentable or not), improvements,
developments, discoveries and trade secrets (collectively,
“Works”) conceived, made or discovered by Consultant,
either solely or in collaboration with others and either on or off
the Company’s premises, during the period of this Agreement
which relate in any manner to the business of the Company that
Consultant may become associated with in performing the Services
hereunder, are the sole property of the Company. Any Works which
constitute copyrightable subject matter shall be considered
“works made for hire” as that term is defined in the
United States Copyright Act. Consultant further hereby
assigns fully to the Company all right, title and interest in such
Works and any copyrights, patents, mask work rights or other
intellectual property rights relating to such Works.
3.2
Consultant agrees
to assist Company, or its designee, at the Company’s expense,
to secure the Company’s rights in the Works and any
copyrights, patents, mask work rights or other intellectual
property rights relating such Works, in any and all
countries. Consultant’s obligations under this
Section may include disclosing to the Company all pertinent
information and data with respect the Works, executing all
applications, specifications, oaths, assignments and all other
instruments which the Company deems necessary in order to obtain
such rights and to assign to the Company, its successors, assigns
and nominees the sole and exclusive rights, title and interest in
and to such Works, and any copyrights, patents, mask work rights or
other intellectual property rights relating to such Works. In
the event that Consultant fails to execute any such instruments
within a reasonable time, Consultant hereby irrevocably appoints
the Company and its duly authorized officers and agents as
Consultant’s agent and attorney in fact to execute any such
instruments and take all other action necessary to effectuate the
intent of this Section.
3.3
Consultant hereby
attaches, as Exhibit C hereto, a list describing all
inventions, original works of authorship, developments,
improvements, trademarks, discoveries, formulae, trade
secret
2
and proprietary
information which were made by Consultant prior to his or her
retention by the Company. Except as set forth on Exhibit C, if
in the course of performing the Services, Consultant incorporates
into any Work developed hereunder any invention, improvement,
development, concept, discovery or other proprietary information
owned by Consultant or in which Consultant has an interest, the
Company is hereby granted a nonexclusive, royalty-free,
irrevocable, worldwide, perpetual license to make, have made,
modify, use and sell such items as part of or in connection with
such Work.
3.4
Even though
Consultant is not an employee, Consultant understands that the
provisions hereof requiring invention assignment to the Company may
not apply to an invention which qualifies fully under the
provisions of California Labor Code Section 2870, attached
hereto as Exhibit D. However, Consultant shall promptly advise
the Company in writing of any inventions that Consultant reasonably
believes meet the criteria in the aforesaid Labor Code
Section.
4.
CONFLICTING OBLIGATIONS.
Consultant represents and certifies
that Consultant has no outstanding agreement or obligation that is
in conflict with any of the provisions of this Agreement and
Consultant will not enter into any such conflicting agreement
during the term of this Agreement. Consultant agrees to diligently
adhere to the Conflict of Interest Guidelines, attached hereto as
Exhibit&nb
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