Confidentiality Agreement for Consultants, Contractors
This Confidentiality Agreement (the “Agreement”) is made and effective this 4th day of April, 2019,
BETWEEN:
Weatherman Time, Inc (the 'Company'),
a corporation organized and existing under the laws of the Ohio with its head office located at:
20 North Broadway, Suite 1800, Cleveland, Ohio 44113-2241
AND:
Wood Crapo LLC (the 'Signator'),
a corporation organized and existing under the laws of the California with its head office located at:
2500 Terminal Tower, 50 Public Square, Sacramento, California 46107
In consideration of the terms and covenants of this agreement, and other valuable consideration, the parties agree as follows: 1. LENGTH OF AGREEMENT This Agreement begins retroactively to the beginning of Signator’s relationship with Company and remains in effect at all times during any consulting, partnering, or other business relationship between the parties and for the periods of time specified thereafter as set forth below.
This Agreement does not create any form of continued business relationship other than as set forth in a separate written agreement signed and dated by all parties. 2. REPRESENTATION AND WARRANTIES Signator represents and warrants that their relationship with Company will not cause or require it to breach any obligation to, agreement, or confidence related to confidential, trade secret and proprietary information with any other person, company or entity.
Further, Signator acknowledges that a condition of this relationship is that it has not brought and will not bring or use in the performance of its duties at Company any proprietary or confidential information, whether or not in writing, of a former employer without that employer’s written authorization. Breach of this condition results in automatic termination of the relationship as of the time of breach.
Except as may be noted on the back of the signature page hereof, there are no inventions of Signator heretofore made or conceived by Signator that Signator deems to be excluded from the scope of this Agreement, and Signator hereby releases Company from any and all claims by the Signator by reason of any use by Company of any invention heretofore made or conceived by Signator. 3. CONFIDENTIALITY
4. PROPRIETARY INFORMATION
5. WORKS FOR HIRE
6. ASSIGNMENT
7. EXECUTION OF INSTRUMENTS
8. PATENT APPLICATION
9. NON-COMPETE Signator agrees not to engage in any activity that is competitive with any activity of Company during the course of their relationship and for a period of [SPECIFY ] after termination of the Agreement.
For purposes of this paragraph, competitive activity encompasses forming or making plans to form a business entity that may be deemed to be competitive with any business of Company.
This does not prevent Signator from seeking or obtaining employment or other forms of business relationships with a competitor after termination of employment with Company so long as such competitor was in existence prior to the termination of relationship with Company and Signator was in no way involved with the organization or formation of such competitor. 10. BUSINESS OPPORTUNITIES During the terms of this Agreement, if Signator becomes aware of any project, investment, venture, business or other opportunity (any of the preceding, collectively referred to as an “Opportunity”) that is similar to, competitive with, related to, or in the same field as Company, or any project, investment, venture, or business of Company, then Signator shall so notify Company immediately in writing of such Opportunity and shall use Signator’s good-faith efforts to cause Company to have the opportunity to explore, invest in, participate in, or otherwise become affiliated with such Opportunity. 11. NO OWNERSHIP Neither Signator nor any of their agents or principals shall become or be deemed an owner, partner, joint venture or agent of or with Company or any of its affiliates or related companies or businesses by reason of this Agreement or his/her relationship with Company unless set forth in a separate written agreement signed and dated by the parties. Neither Company nor Signator nor any agent, Signator, officer or independent contractor of or retained by Signator shall have any authority to bind the other in any respect unless set forth in a separate written agreement signed and dated by the parties. 12. SOLICITATION OF EMPLOYEES Signator agrees that he/she will not, either during the period of this Agreement, or for a period of [NUMBER ] year after this Agreement has terminated, solicit any of Company ’s employees for a competing business or otherwise induce or attempt to induce such employees to terminate their employment with Company. 13. SOLICITING CUSTOMERS AFTER TERMINATION OF AGREEMENT For a period of [TIME ], following the termination of the relationship with the Company, Signator shall not, directly or indirectly, make known to any person, firm or corporation the names or addresses of any of the customers of Company or any other information pertaining to them, or call on, solicit, take away, or attempt to call on, solicit, or take away any customer of Company on whom Signator called or with whom Signator became acquainted during the time of this Agreement, for either itself or for any other person, firm, or corporation. 14. INJUNCTIVE RELIEF Signator hereby acknowledges
(1)the unique nature of the protections and provisions set forth in this Agreement,
(2)that Company will suffer irreparable harm if Signator breaches any of said protections or provisions, and
(3)that monetary damages will be inadequate to compensate Company for such breach.
Therefore, if Signator breaches any of such provisions, then Company shall be entitled to injunctive relief, in addition to any other remedies at law or equity, to enforce such provisions. 15. CONTINUING EFFECTS Signator’s obligations regarding trade secrets and confidential information shall continue in effect beyond the period of the relationship as stated above, and said obligation shall be binding upon Signator’s spouse, affiliates, assigns, heirs, executors, administrators, or other legal representatives. 16. SUBSIDIARIES AND PARENTS For the purposes of this Agreement, the term “Company ” shall also be deemed to include any affiliated organization that owns fifty percent (50%) or more of the voting stock, whether or not Signator is directly employed by such other organization. 17. NON-FILING Signator specifically agrees that Company ’s rights granted hereunder shall include the right not to file for copyrights or domestic or foreign patents when such is considered by Company in its sole discretion appropriate for the business objectives of Company. NOTICE TO SIGNATOR This Agreement does not apply to any invention for which no equipment, supplies, facility, or trade secret information of Company was used and that was developed entirely on Signator’s own time and:
18. COUNTERPARTS This Agreement may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute a single integrated document. 19. SEVERABLE PROVISIONS The provisions of this Agreement are severable, and if any one or more provisions may be determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions and any partially unenforceable provisions to the extent enforceable shall nevertheless be binding and enforceable. 20. ATTORNEYS’ FEES In the event any litigation, arbitration, mediation or other proceeding (“Proceeding”)is initiated by any party against any other party to enforce, interpret or otherwise obtain judicial or quasi-judicial relief in connection with this Agreement, the prevailing party in such Proceeding shall be entitled to recover from the unsuccessful party all costs, expenses and actual attorney's fees relating to or arising out of (a)such proceeding, whether or not such proceeding proceeds to judgment, and (b)any post-judgment or post-award proceeding, including without limitation one to enforce any judgment or award resulting from any such Proceeding.
Any such judgment or award shall contain a specific provision for the recovery of all such attorneys’ fees, costs, and expenses.
Any such judgment or award shall contain a specific provision for the recovery of all such subsequently incurred costs, expenses and actual attorney’s fees. 21. MODIFICATIONS This Agreement may be modified only by a contract in writing executed by the party to this Agreement against whom enforcement of such modification is sought. 22. PRIOR UNDERSTANDINGS This Agreement contains the entire agreement between the parties to this Agreement with respect to the subject matter of the Agreement, is intended as a final expression of such parties' agreement with respect to such terms as are included in this Agreement is intended as a complete and exclusive statement of the terms of such agreement, and supersedes all negotiations, stipulations, understanding, agreements, representations and warranties.
If any, with respect to such subject matter, which precede or accompany the execution of this Agreement. 23. WAIVER Any waiver of a default under this Agreement must be made in writing and shall not be a waiver of any other default concerning the same or any other provision of this Agreement.
No delay or omission in the exercise of any right or remedy shall impair such right or remedy or be constructed as a waiver.
A consent to or approval of any act shall not be deemed to waive or render unnecessary consent to or approval of any other or subsequent act. 24. DRAFTING AMBIGUITIES Each party to this Agreement has reviewed and had the opportunity to revise this Agreement.
Each party to this Agreement has had the opportunity to have legal counsel review and revise this Agreement.
The rule of construction that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement or of any amendments or exhibits to this Agreement. 25. JURISDICTION AND VENUE This Agreement is to be construed pursuant to Laws of the State of [STATE/PROVINCE ].
Jurisdiction and venue for any claim arising out of this Agreement shall be made in the State of [STATE/PROVINCE ]. 26. RECEIPT OF COPY Signator hereby acknowledges that it has received a signed copy of this Agreement.
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