MYFIZIQ EMPLOYMENT AGREEMENT. Upon cessation of the Employee’s employment with the Company, the Employee must return all papers, records, documents (including hard copy and digital copies) and any equipment that are in the Employee’s possession or control and relate to any of the foregoing. The Employee represents and warrants to MyFiziq that there are no other agreements, written or oral, that would restrict the employee’s ability to perform the basic functions of the Employee’s job, including but not limited to non-compete, non disclosure or similar agreements with prior employers. If there are such agreements, the Employee agree to immediately provide the Company with a copy of any such agreements(s) for the Company’s review. The Employee further agrees not to bring to the Company, use or disclose any trade secrets or other confidential / proprietary information of prior employers. The Employee agrees that they will not use, copy, transfer, destroy or remove from the Company’s premises, any Confidential Information without the prior written consent of the Company. This includes the use, copy, transfer, destruction or removal of Confidential Information at non-Company premises including the Employee’s home. Without limiting the above provisions, the Employee must not license or otherwise exploit, directly or indirectly, any products or services which embody or are derived from Confidential Information without the prior written consent of the Company. The Employee agrees the provisions of this clause survive cessation of the Employee’s employment with the Company.
MYFIZIQ EMPLOYMENT AGREEMENT. All shares and performance right are issued under the Australian capital structure and we be required to comply with any share split or reduction as undertaken by the company with the anticipated NASDAQ listing. These shares and performance rights will not be treated any differently to those of the current executive team. For the purposes of this clause, a “Substantial Organisation” means any company or organisation that is introduced by the Employee or the Company agrees is a target and which company or organisation must, unless otherwise agreed to by the Company, have a minimum of 1.5m monthly active users or followers that results in an undertaking from the company or organisation to deliver a minimum of 500,000 paid active users / subscribers to the Company within the first 24 month contract period with the Company.
MYFIZIQ EMPLOYMENT AGREEMENT. (a) solicit the custom of, or accept or carry out any work for any of the clients, customers or suppliers of the Company; or (b) employ or engage any person who was or in the 12 months prior to the expiry of the Term an employee, agent or contractor of the Company. The Company and the Employee acknowledge that the inclusion of this clause is to protect the goodwill of the Company and the income of the Company and any breach of this clause will cause significant loss and damage to the business of the Company and the Company may, if appropriate, seek injunctive relief. The parties further acknowledge that the restraint is reasonable in the circumstances.
MYFIZIQ EMPLOYMENT AGREEMENT. The Employee must not do anything which is harmful to the reputation or interests of the Company. The Employee must work in a lawful, professional and competent manner and provide faithful service, and act in good faith in all its dealings with and on behalf of the Company.
MYFIZIQ EMPLOYMENT AGREEMENT. The Employee agrees that they will not use, copy, transfer, destroy or remove from the Company’s premises, any Confidential Information without the prior written consent of the Company. This includes the use, copy, transfer, destruction or removal of Confidential Information at non-Company premises including the Employee’s home. Without limiting the above provisions, the Employee must not license or otherwise exploit, directly or indirectly, any products or services which embody or are derived from Confidential Information without the prior written consent of the Company. The Employee agrees the provisions of this clause survive cessation of the Employee’s employment with the Company.
MYFIZIQ EMPLOYMENT AGREEMENT. Legal advice: The Employee acknowledges that they have had a reasonable opportunity to obtain independent legal advice regarding the contents of this Agreement prior to entering into this Agreement and has either obtained that advice or elected not to obtain it. Flexible Working Arrangements: if eligible, the Employee may request flexible working arrangements. The Company may refuse a request on reasonable business grounds. Fair Work Information Statement: The Employee acknowledges receipt of the Fair Work Information Statement annexed to this Agreement marked “Annexure A”.
