Idea Application definition

Idea Application means the standard form mandated by statute for use in submitting cost savings ideas und the State Employee Cost Savings Incentive Plan.
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Examples of Idea Application in a sentence

  • Section 5.1 of the Transfer Agreement restricts ▇▇▇▇ from Transferring any Idea Application unless the transferee executes an agreement acceptable to the Company to be bound by the provisions of Article 4 of the Transfer Agreement.

  • After giving the Availability Notice, ▇▇▇▇ shall provide such additional information concerning such Idea Application or Idea Rights as the Company may reasonably request.

  • Infoture agrees that it shall not at any time sell, assign or otherwise Transfer all or any portion of its interest in any Idea Application or Idea Right unless the transferee executes a written agreement, in form and substance reasonably acceptable to the Company, to be bound by the provisions of Article 4 of the Transfer Agreement, which agreement shall include a condition on further Transfer substantially similar to this Section 4.

  • If the parties do not execute a letter of intent or agreement within such ninety (90) day period, ▇▇▇▇ shall be free to offer the Idea Application and/or the Idea Rights identified in the Availability Notice to third parties; provided, however, that prior to entering into any agreement or other arrangement with respect to any such Idea Application and/or the Idea Rights with any third party, ▇▇▇▇ shall comply with the provisions of Section 4.3 below relating to the Company's first refusal rights.

  • Employee further acknowledges that the Company would not have retained Employee in Company’s employment employed Employee in the absence of this Section 5 and the other covenants and representatives and warranties of Employee made herein, which Employee acknowledges constitutes good, valuable and sufficient consideration.

  • The first negotiation and first refusal rights granted to the Company pursuant to Sections 4.2 and 4.3 shall extend only to Idea Applications and Idea Rights for use in the Company Field and nothing herein shall be construed to restrict ▇▇▇▇ from licensing or otherwise Transferring any Idea Application or Idea Right to any person at any time for use outside of the Company Field, provided that the agreement with such person shall expressly restrict any such use within the Company Field.