Long confidential deed  — company and employee including acknowledgment  of intellectual property rights and restraint

Long confidential deed — company and employee including acknowledgment of intellectual property rights and restraint

Regular price $71.00

THIS DEED is made the _________ day of _________, 20___

BETWEEN: [Name of Company] [ACN if Corporation] of [address] (“the Company”)

AND: [Name of Employee] of [address] (“the Employee”).

 

RECITALS

  1. The Company is engaged in the business of [nature of business].
  2. The Employee is [or is to be] employed by the Company as [name of position] and in the course of such employment has [or will have] access to certain information.
  3. The Employee acknowledges the desire and right of the Company to preserve the secrecy of that information.
  4. In the course of employment by the Company the Employee may make an invention or discovery; improve on an existing invention, technique or process; or author an original work or subject-matter.
E.         The Employee acknowledges the desire and right of the Company to have disclosed to it all such inventions, discoveries, improvements and material, and to have vested in it any intellectual property rights subsisting therein.