Covenants by You. You expressly acknowledge and agree to the following: (i) that you have returned to the Company all Company documents (and any copies thereof, whether in paper, electronic or other form) and property, and that you shall abide by any and all common law and/or statutory obligations relating to protection and non-disclosure of the Company’s trade secrets and/or confidential and proprietary documents and information; and (ii) that all information relating in any way to the negotiation of this Agreement, including the terms and amount of financial consideration provided for in this Agreement, shall be held confidential by you and shall not be publicized or disclosed to any person (other than an immediate family member, legal counsel or financial advisor, provided that any such individual to whom disclosure is made agrees to be bound by these confidentiality obligations), business entity or government agency (except as mandated by state or federal law); and (iii) that you shall abide by the provisions of the Proprietary Information and Inventions Agreement previously signed by you, dated December 18, 2000, and that you shall abide by all common law and/or statutory obligations relating to protection and non-disclosure of the Company’s trade secrets and confidential and proprietary information; and (iv) that the breach of any of the foregoing covenants by you shall constitute a material breach of this Agreement and shall relieve the Company of any further obligations hereunder and, in addition to any other legal or equitable remedy available to the Company, shall entitle the Company to recover any Severance Pay and Benefits already paid to you pursuant to Section 2 of this letter.
Appears in 1 contract
Sources: Severance Agreement (Immunogen Inc)
Covenants by You. You expressly acknowledge and agree to the following:
(i) that you have returned to the Company all Company documents (and any copies thereof, whether in paper, electronic or other form) and property, and that you shall abide by any and all common law and/or statutory obligations relating to protection and non-disclosure of the Company’s trade secrets and/or confidential and proprietary documents and information; and
(ii) that all information relating in any way to the negotiation of this Agreement, including the terms and amount of financial consideration provided for in this Agreement, shall be held confidential by you and shall not be publicized or disclosed to any person (other than an immediate family member, legal counsel or financial advisor, provided that any such individual to whom disclosure is made agrees to be bound by these confidentiality obligations), business entity or government agency (except as mandated by state or federal law); and
(iii) that you shall abide by the provisions of the Proprietary Information and Inventions Agreement previously signed by you, dated December 18October 25, 20002004, and that you shall abide by all common law and/or statutory obligations relating to protection and non-disclosure of the Company’s trade secrets and confidential and proprietary information; and
(iv) that the breach of any of the foregoing covenants by you shall constitute a material breach of this Agreement and shall relieve the Company of any further obligations hereunder and, in addition to any other legal or equitable remedy available to the Company, shall entitle the Company to recover any Severance Pay and Benefits already paid to you pursuant to Section 2 of this letter.
Appears in 1 contract
Sources: Separation Agreement (Immunogen Inc)