Contract analysis
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Contract analysis / piia-mid-entry-level-tier-final.docx
piia-mid-entry-level-tier-final.docx
High · 5
Medium · 3
Standard · 0
ARTICLE 1 — DEFINITIONS
Medium
⚑ Liability cap to check against exposure
ARTICLE 1 — DEFINITIONS As used in this Agreement, the following terms shall have the meanings set forth below. Unless the context requires otherwise, words importing the singular include the plural and vice versa, and references to a "Section" or "Article" refer to sections or articles of this Agreement. 1.1 "Assigned Inventions" means all inventions, improvements, discoveries, developments, concepts, ideas, origina
ARTICLE 2 — CONFIDENTIALITY OBLIGATIONS
High
⚑ Non-compete / exclusivity restraint
ARTICLE 2 — CONFIDENTIALITY OBLIGATIONS 2.1 Non-Disclosure Obligation. Employee agrees that, during the Employment Period and for the applicable period set forth in Section 2.3 following the termination of Employee's employment, Employee shall not, directly or indirectly, use, disclose, publish, disseminate, or otherwise make available to any person or entity any Confidential Information, except: (a) as necessary in
ARTICLE 3 — INVENTION ASSIGNMENT
High
⚑ Non-compete / exclusivity restraint
ARTICLE 3 — INVENTION ASSIGNMENT 3.1 Assignment of Assigned Inventions. Employee hereby irrevocably assigns to the Company, and agrees to assign to the Company, all right, title, and interest in and to all Assigned Inventions (as defined in Section 1.1), including but not limited to all intellectual property rights therein and thereto — specifically including, without limitation, all patent rights (including the righ
ARTICLE 4 — RESTRICTIVE COVENANT PROVISIONS
High
⚑ Non-compete / exclusivity restraint
ARTICLE 4 — RESTRICTIVE COVENANT PROVISIONS 4.1 No Non-Compete. This Agreement does not contain any covenant not to compete with the Company, whether during or after the Employment Period. The Company expressly acknowledges that post-employment covenants not to compete are void and unenforceable under California Business & Professions Code § 16600, which provides that "every contract by which anyone is restrained fro
ARTICLE 5 — DEFEND TRADE SECRETS ACT — WHISTLEBLOWER IMMUNITY NOTICE
Medium
⚑ Notice / time limit to track
ARTICLE 5 — DEFEND TRADE SECRETS ACT — WHISTLEBLOWER IMMUNITY NOTICE 5.1 Notice of Immunity Under 18 U.S.C. § 1833(b). Pursuant to the Defend Trade Secrets Act of 2016, 18 U.S.C. § 1833(b), Employee is hereby notified that: (a) Immunity for Confidential Disclosure to Government or in Litigation. An individual shall not be held criminally or civilly liable under any Federal or State trade secret law for the disclosure
ARTICLE 6 — EMPLOYMENT RELATIONSHIP
Medium
⚑ Forum / governing law
ARTICLE 6 — EMPLOYMENT RELATIONSHIP 6.1 At-Will Employment. Employee acknowledges and agrees that Employee's employment with the Company is "at will." This means that either the Company or Employee may terminate the employment relationship at any time, with or without cause, and with or without advance notice. This Agreement does not alter or modify the at-will nature of Employee's employment with the Company, and no
ARTICLE 7 — REMEDIES
High
⚑ Non-compete / exclusivity restraint
ARTICLE 7 — REMEDIES 7.1 Equitable Relief. Employee acknowledges and agrees that a breach or threatened breach of this Agreement may cause the Company irreparable harm for which monetary damages alone would be an inadequate remedy. Accordingly, in addition to any other remedies available to the Company at law or in equity, the Company shall be entitled to seek and obtain temporary, preliminary, and permanent injuncti
ARTICLE 8 — GENERAL PROVISIONS
High
⚑ Non-compete / exclusivity restraint
ARTICLE 8 — GENERAL PROVISIONS 8.1 Governing Law. This Agreement shall be governed by, construed, and enforced in accordance with the internal laws of the State of California, without regard to the principles of conflict of laws that would result in the application of the laws of any other jurisdiction. To the extent applicable, this Agreement shall also be governed by and construed in accordance with federal law, in