Back to top

CONFIDENTIAL INFORMATION, NONCOMPETITION AND INVENTION ASSIGNMENT AGREEMENT

NonCompetition Agreement

CONFIDENTIAL INFORMATION, NONCOMPETITION
AND INVENTION ASSIGNMENT AGREEMENT | Document Parties: HYDROGEN CORP | Blomenco BV You are currently viewing:
This NonCompetition Agreement involves

HYDROGEN CORP | Blomenco BV

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: CONFIDENTIAL INFORMATION, NONCOMPETITION AND INVENTION ASSIGNMENT AGREEMENT
Date: 11/13/2007

CONFIDENTIAL INFORMATION, NONCOMPETITION
AND INVENTION ASSIGNMENT AGREEMENT, Parties: hydrogen corp , blomenco bv
50 of the Top 250 law firms use our Products every day

CONFIDENTIAL INFORMATION, NONCOMPETITION
AND INVENTION ASSIGNMENT AGREEMENT
 
In consideration of the rights and entitlements described in the November 10, 2007 Separation Agreement and General Release (“Separation Agreement”) among Blomenco B.V. (the “Consultant”) HydroGen L.L.C. (the “Company”) and Leo Blomen (“Mr. Blomen”), Consultant and Mr. Blomen agree to the following, intending to be legally bound:
 
1.    Confidential Information .
 
(a)    Company Information . Consultant and Mr. Blomen agree at all times during the term of their consulting arrangement with the Company and thereafter, to hold in strictest confidence, and not to use, except for the benefit of the Company, any Confidential Information of the Company. They understand that “Confidential Information” means any Company proprietary or confidential information, technical data, trade secrets or know-how, including, but not limited to, research, product plans, products, services, customer lists and customers (including, but not limited to, customers of the Company on whom Consultant and/or Mr. Blomen calls or with whom they become acquainted during the term of their consulting arrangement), customer contacts, customer purchasing practices, markets, software, developments, inventions, processes, formulas, technology, designs, drawings, engineering, marketing, distribution and sales methods and systems, sales and profit figures, finances, personnel information including but not limited to regarding compensation, skills and duties, and other business information that they learn of, obtain, or that is disclosed to them during the course of their consulting relationship, either directly or indirectly, in writing, orally or by drawings or inspection of documents or other tangible property. However, Confidential Information does not include any of the foregoing items which has been made generally available to the public and become publicly known through no wrongful act of Consultant and/or Mr. Blomen, or any information known to Mr. Blomen prior to or outside of his affiliation with the Company that does not relate to Prior Inventions, Inventions or Intellectual Property Rights as defined below.
 
(b)    F ormer Employer Information . Consultant and Mr. Blomen agree that they will not, during their consulting relationship with the Company, improperly use or disclose any proprietary information or trade secrets of any other person or entity, if any, with whom Consultant and/or Mr. Blomen have an agreement or duty to keep such information or secrets confidential, if any, and that they will not bring onto the premises of the Company any unpublished document or proprietary information belonging to such other person or entity unless consented to in writing by such person or entity.
 
(c)    Third Party Information . Consultant and Mr. Blomen recognize that the Company has received and in the future will receive from third parties (including customers of the Company) their confidential or proprietary information subject to a duty on the Company’s part to maintain the confidentiality of such information and to use it only for certain limited purposes. Consultant and Mr. Blomen agree to hold all such confidential or proprietary information in the strictest confidence and not to disclose it to any person or entity or to use it except as necessary in carrying out their work for the Company, consistent with the Company’s agreement with such third party.
 
 

 
2.    Inventions .
 
(a)    Inventions Retained and Licensed . Consultant and Mr. Blomen assign to the Company  all world-wide rights, title and interest in any and all inventions, original works of authorship, developments, improvements, and trade secrets which were made by either or both of them from May 3, 2001 to the date of this Agreement, which relate in any way to the Company’s business, products or research and development, or proposed business, products, research or development, including but not limited to any patents filed or issued before or after the date of this Agreement  (collectively referred to as “ Assigned Prior Inventions”).   Consultant and Mr. Blomen grant to the Company an exclusive (including as to Mr. Blomen and Blomenco), perpetual, irrevocable, assignable, transferable, world-wide royalty free license in the Company's Industry of any and all inventions, original works of authorship, developments, improvements, and trade secrets which were made by either or both of them prior to May 3, 2001, which relate in any way to the Company’s business, products or research and development, or proposed business, products, research or development, including but not limited to any patents filed or issued before or after the date of this Agreement  (collectively referred to as “Licensed Prior Inventions”); provided that such license shall become non-exclusive on the later of three years from the date of this Agreement and eighteen months from the date of termination of that certain Consulting Services Agreement by and among Mr. Blomen, Consultant and the Company. Assigned Prior Inventions and Licensed Prior Inventions are referred to collectively as "Prior Inventions". Consultant and Mr. Blomen represent and warrant that they have not assigned or licensed any Prior Inventions to any person or entity other than the Company. As used herein, the "Company's Industry" shall mean products, services and technology related in any way to medium and high temperature fuel cell power plants for applications greater than 1 megawatt.  This license includes the use the Prior Inventions for any purpose in the Company's Industry, including, without limitation, the right to make, have made, use, sell, offer to sell, import, disclose, practice, have practiced (including the right to create derivative works), and otherwise exploit the Prior Inventions.  The Company shall have the right (but not the obligation) to elect to take legal action to enforce its rights in the event of any infringement, violation or misappropriation by a third party, including, without limitation, settlement discussions relating to, and any declaratory judgment action arising from, such infringement, violation or misappropriation of the Prior Inventions. 
 
(b)    Assignment of Inventions . Consultant and Mr. Blomen agree that they will promptly make full written disclosure to the Company, will hold in trust for the sole right and benefit of the Company, and hereby assign to the Company, or its designee, all their right, title, and interest in and to any and all inventions, original works of authorship, developments, concepts, improvements or trade secrets, whether or not patentable or registrable under copyright or similar laws, which they may solely or jointly conceive or develop or reduce to practice, or cause to be conceived or developed or reduced to practice, from the date hereof until the cessation of the consulting relationship with the Company (collectively referred to as “Inventions”), including any and all intellectual property rights inherent in the Inventions and appurtenant thereto including, without limitation, all patent rights, copyrights, trademarks, know-how and trade secrets (collectively referred to as “Intellectual Property Rights”). Consultant and Mr. Blomen further acknowledge that all original works of authorship which are made by them (solely or jointly with others) within the scope of their consulting relationship with the Company and which are protectable by copyright are “works made for hire,” as that term is defined in the United States Copyright Act.
 
2

 
(c)    Maintenance of Records . Consultant and Mr. Blomen agree to keep and maintain adequate and current records of all Inventions made by them (solely or jointly with others) during the term of their consulting relationship with the Company. The records will be in the form of notes, sketches, drawings, and any other format that may be specified by the Company. The records will be available to and remain the sole property of the Company at all times.
 
(d)    Patent and Copyright Registrations . Consultant and Mr. Blomen agree to assist the Company, or its designee, at the Company’s expense, in every proper way to secure the Company’s rights in the Inventions and any Intellectual Property Rights related thereto in any and all countries, including the dis

 
SITE SEARCH

AGREEMENTS / CONTRACTS

Document Title:

Entire Document: (optional)

Governing Law:(optional)


Try our advanced search >>
 

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates
Email:
This is only a partial view of this document. We have millions of legal documents and clauses drafted by top law firms. learn more search for free browse for free learn more