Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / piia-senior-engineer-tier-final.docx
piia-senior-engineer-tier-final.docx
Parties
HARKNESS LLP
DATA SCI
Lumos Analytics Inc
Dates
May 29, 2024
January 1, 2024
Amounts
Obligations
WHEREAS: (A) The Company is engaged in the business of developing and providing artificial-intelligence, machine-learning, and predictive analytics solutions, including fraud-detection products and services for financial institutions (collectively, the "Company Business"); (B) Employee is or will be employed by the Company in a Senior Engineer or Data Scientist capacity and, in the course of such employment, will have access to and may contribute to the development of the Company's Confidential Information and Company Technology (each as defined below), which constitute valuable assets of the Company that the Company has devoted substantial time, effort, and resources to develop and protect; (C) As a condition of Employee's employment or continued employment with the Company, Employee agrees to the terms and conditions set forth herein in order to protect the Company's legitimate business interests in its Confidential Information, Company Technology, and intellectual property; and (D) This Agreement is intended to comply with California law, including California Labor Code §§ 2870–2872 and California Business & Professions Code § 16600, and shall be interpreted and enforced in a manner consistent with such laws
NOW, THEREFORE, in consideration of Employee's employment or continued employment with the Company, the mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: ARTICLE 1 — DEFINITIONS As used in this Agreement, the following terms shall have the meanings set forth below
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in context
The burden of establishing that any of the foregoing exclusions applies shall rest with Employee
Employee shall not use Confidential Information for any purpose other than the performance of Employee's duties for the Company
Employee's obligations under this Article 2 shall be subject to the following two-tier duration structure: (a) Trade Secrets