Common use of No Conflict With Obligations Clause in Contracts

No Conflict With Obligations. Executive promises and represents that his employment with the Company is not in conflict with any obligations he owes to any other person or entity. Executive will notify the Company in writing before performing or causing to be performed any work for or on behalf of the Company which appears to be in conflict with: (a) rights of any nature owned or claimed by Executive in any Invention or Idea or Confidential Information, as defined in the appropriate Company Policies, conceived by him prior to beginning work with the Company; (b) rights arising out of obligations incurred by Executive prior to beginning work for the Company; or (c) Executive’s obligations to the Company under this Agreement. In the event of Executive’s failure to give notice of any such conflict, the Company may conclude that no such conflict exists, and Executive agrees, in such event, to make no claim against the Company with respect to the use of any such Invention or Idea or Confidential Information by the Company.

Appears in 3 contracts

Samples: Employment Agreement (Aphton Corp), Employment Agreement (Aphton Corp), Employment Agreement (Aphton Corp)

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No Conflict With Obligations. Executive promises and represents that his her employment with the Company is not in conflict with any obligations he she owes to any other person or entity. Executive will notify the Company in writing before performing or causing to be performed any work for or on behalf of the Company which appears to be in conflict with: (a) rights of any nature owned or claimed by Executive in any Invention or Idea or Confidential Information, as defined in the appropriate Company Policies, conceived by him prior to beginning work with the Company; (b) rights arising out of obligations incurred by Executive prior to beginning work for the Company; or (c) Executive’s obligations to the Company under this Agreement. In the event of Executive’s failure to give notice of any such conflict, the Company may conclude that no such conflict exists, and Executive agrees, in such event, to make no claim against the Company with respect to the use of any such Invention or Idea or Confidential Information by the Company.

Appears in 1 contract

Samples: Employment Agreement (Aphton Corp)

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