5.3 ERMUSR 09-08-2020 - Laserfiche WebLink

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Notwithstanding the foregoing, Employee understands that this assignment of inventions does not apply to any work of authorship for which no equipment, supplies, facility, or trade-secret information of the Utilities was used and which was developed rectly to the business development; or (b) which does not result from any work performed by Employee for the Utilities. 7.3.Pre-existing Inventions. Employee has identified on Exhibit Aattached hereto a complete list of all inventions or improvements which have been made or conceived or first reduced to practice by Employee alone or jointly with others prior to s and which Employee desires to exclude from the operation of this Agreement. If there is no such list on Exhibit A, Employee represents that Employee has made no such inventions or improvements at the time of signing of this Agreement. 8.Non-Competition. 8.1.Acknowledgement to be performed for Utilities are of a special and unique nature; (b) the Utilities operates in a highly competitive environment and would be substantially harmed if Employee were to compete with Utilities or divulge its confidential information; (c) Employee has received valuable and sufficient consideration for entering into this Agreement, including but not nd the Confidential Information; and (d) the provisions of this Section 9, including all of its . 8.2.Covenant Not to Compete. Employee agrees that during employment with the Utilities and for an additional period of 12 months following the end Noncompete Period Employee will not,within any geographic area in which the Utilities is engaged in developing, manufacturing, marketing, distributing, or selling its products and services, directly or indirectly, hold any ownership interest in (except a stockholder of a public company in which Employee owns less than five percent (5%) of the issued and outstanding capital stock of such company), manage, control, serve on the Board of Directors of, or render services of any kind in any capacity to any person or entity engaged in the development, manufacture, marketing, distribution, or sale of any services or products of the same general type, which perform similar functions, or which are used for three years of employment with the Utilities being developed, manufactured, marketed, distributed, or sold by the Utilities. 8.3.Non-Solicitation of Customers or Vendors or Prospective Customers or Vendors. Employee agrees that, during the Non-Compete Period, Employee will not Page 8of15 74