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Good Business Partner YESFORM º» ¹®¼ÀÇ ¹Ì¸®º¸±â Å« À̹ÌÁö´Â ¿¹½ºÆû ·Î±×ÀÎ |
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employment agreement this employment agreement(employment agreement ) made and entered into this 1st day of october, 1974, by and between kanto g.t kab ushiki kaisha(employer), a japanese stock company, and m.sakamaki(employee ). witnesseth that : whereas, employer has agreed to acquire certain assets of kanto g.t., pursuant to an asset purchase agreement (the agreement) date d ,19 ;and whereas, employer presently intends to continue the business operations of kanto g.t., ; andwhereas, employee has been serving as the president of kanto g.t. for a period in excess of 10 years ; and whereas, employer desires to obtain the benefit of the services of employee in connection with the conduct of the business present ly being carried on by kanto g.t.and the employee is willing to render such services on the terms herein set forth, now, therefore, in consideration of the premises and of the mutual covenants and agreements hereinafter set forth, it is covenante d and agreed as follows : article 1.employment employee is hereby employed by employer for an employment period commencing on the closing date of the agreement, as that terms is defined in article 1 (i) thereof(closing date), and ending five(5) years thereafter(the employment period ).if for any reason the agreement is not consummated, this employment agreement shall be without effect and neither party shall have any liability to the other hereunder. article 2.employment services employee agrees that during the employment period, he will faithfully render such executive and managerial services, with respect to the continuation of the business operations of kanto g.t by employer, or otherwise as any be delegated to employee by or under the authority of the board of directors of employer, and will devote substantially his entire business time and attention thereto. article 3.compensation-during the employment period : (a) employer shall pay employee upon employees performance of the services described above, a salary in the amount of yen per year or such greater amount as employer may determine, and such amount shall be paid in accordance with employers usual payment policies and procedures. (b) employer shall grant employee all other benefits of employment generally made available to other members of employers manageme nt. article 4.confidential information employee, during the employment period and thereafter, will not, directly or indirectly(without employers prior written consent), use for himself or use for, or disclose to, any party other than employer, or any subsidiary of employer(as that terms is defined herein) , any secret or confidential information or data regarding the business of employer or its subsidiaries or any secret or confidential information or data regarding the costs, uses,methods, applications or customers, trade accounts or suppliers(and pertinent information respecting transactions and prospective transactions therewith) of products made, produced or sold by employer or this subsidiaries, or regarding any secret or confidential apparatus, process, system,manufacturing or other methods at any time used, developed or investigated by or for employer or its subsidiaries, whether or not invented, developed, acquired, discovered or investigated by employee.at the termination of employees employment or at any other time employer or any of its subsidiaries may request, employee shall promptly deliver to employer all memoranda, notes, records, plats, sketches, plans or other documents made or compiled by, delivered to, or otherwise acquired by, employee concerning costs, uses, methods designs, applications or purchasers of products made or sold by employer or its subsidiaries or any secret or confidential products, apparatus or process, manufactured, used, developed, acquired or investigated by emerson or its subsidiaries. article 5.discoveries any and all inventions, discoveries, processes, methods, designs and know-how, whether or not patentable, which employee may conce ive or make, either alone or in conjunction with others, during employees term of employment with employer or its subsidiaries(or heretofore shall have conceived or made, either alone or in conjunction with others, during employees prior employment by kanto g.t ) relating to, or in any way pertaining to or connected with the business of employer or its subsidiaries, shall be the sole and exclusive property of employer ; and employee, whenever requested to do so by employer or any subsidiary thereof, and without further compensation or consideration, shall promptly execute any and all applications, assignments and other instruments which employer shall deem necessary in order to apply for and obtain letters patent of japan and of foreign countries for said inventions and discoveries and in order to assign and convey to employer the sole and exclusive right, title and interest in and to said inventions, discoveries, processes, methods, designs and know-how, or any applications or patents thereon.employee hereby confirms that he neither holds nor has any interest inany patent, patent right, patent application, trademark, trademark application or license agreement. 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