Confidentiality Agreement

Confidentiality Agreement
Use the Confidentiality Agreement to answer questions 1-9.
1) What is the consideration in this contract (something must go both ways – what is it each way)? (4 points)
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

2) In February 2014, Joseph Martin quits and leaves Concordat Company. According to the agreement between Concordat and Martin, for how long must he refrain from working for a competitor? (2 points).
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

3) There are several things that Martin must do if he quits Concordat (in addition to the non-compete in the above question). List 5 of those things and the paragraph (including subparagraph numbers) where you found those requirements. (10 points)
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

4) If Martin develops an invention in April 2014 (after he leaves the company) and he files a patent application on it, what is the status of that invention? In what paragraph is that information found: (2 points)
_____________________________________________________________________
_____________________________________________________________________

5) What is the geographic restriction of the noncompete and how is it that it will not be considered too broad. In what two paragraphs is that information? (4 points)
_____________________________________________________________________
_____________________________________________________________________

6) Martin and three others worked together at Concordat to develop 200 inventions. When Martin leaves, how much money will he get if Concordat decides to protect those patents and in what paragraph is that information found? (6 points)
_____________________________________________________________________
_____________________________________________________________________

7) In paragraph 7, Remedies for Breach, it states that Concordat can obtain injunctive relief. What does that mean? (4 points)
_____________________________________________________________________
_____________________________________________________________________

8) What is the effect of Paragraph 8? (6 points)
_____________________________________________________________________
_____________________________________________________________________

9) What is the effect of Paragraph 9? (6 points)
_____________________________________________________________________
_____________________________________________________________________

10) If Martin leaves the company and assigns his rights in writing to Concordat, but something is wrong with the written assignment and all of the copyright assignments are considered invalid, how does this contract handle that and where did you find the answer? (6 points)
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
Use the License Agreement to answer questions 10 –20.
11) If a competing company starts to market a brand of clothing and puts a picture of a woman who looks remarkably like Janessa Bailey on the product, what are the responsibilities of the parties to this contract? Who has the right to sue for the third party and in what paragraph did you find this information? (6 points)
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

12) If Ms. Bailey sets forth reasonable standards for the use of the marks and then Concordat uses the marks in a way that does not comply with the standards, what can Ms. Bailey do about it and where did you find this information? (6 points)
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

13) Janessa puts together a list of standards that should control how she wants her picture to be used. Three weeks later, she changes the standards a bit. Then three weeks later she does it again. If this is a violation of the agreement, what provision would Concordat point to and what is the argument that this is a violation? (6 points)
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

14) If Janessa dies on March 15, 2018, what responsibility does Concordat have and where did you find that information? (6 points)
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

15) If Janessa terminates the agreement for cause, what does Concordat have to do and where do you find that information? (4 points)
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

16) What is the consideration in this contract? (4 points)
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

17) What is the evidence of capacity in this contract? (4 points)
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

18) The contract uses the terms “worldwide exclusive, nontransferable” to describe the license (see paragraph 1). What does that mean? (6 points)
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

19) What are the exceptions to the nontransferable description and where did you find it? (4 points)
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

20) If there is a dispute between Janessa and Concordat, in what forum is it likely to be heard? Why? (2 points)
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

21) If Concordat uses the marks as intended, and Janessa maintains reasonable standards, how long will the agreement last and where do you find that information? (2 points)
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

 FOR MORE INFORMATION ON THIS TOPIC CLICK HERE