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Racal Holdings Non-Disclosure Agreement

This non-disclosure and non-compete agreement is between Racal Holdings Corporation and John M. Ong. It requires Ong to keep all company information confidential both during and after employment. It also prohibits Ong from competing with the company or soliciting employees/clients for 1 year after leaving. The agreement gives the company ownership of all work product and intellectual creations by Ong during his employment. It states that breaching these terms would constitute grounds for immediate termination.

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116 views2 pages

Racal Holdings Non-Disclosure Agreement

This non-disclosure and non-compete agreement is between Racal Holdings Corporation and John M. Ong. It requires Ong to keep all company information confidential both during and after employment. It also prohibits Ong from competing with the company or soliciting employees/clients for 1 year after leaving. The agreement gives the company ownership of all work product and intellectual creations by Ong during his employment. It states that breaching these terms would constitute grounds for immediate termination.

Uploaded by

lucky
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
  • Non-Disclosure and Non-Compete Agreement

NON-DISCLOSURE and NON-COMPETE AGREEMENT

This Non-Disclosure and Non-Compete Agreement is made effective by and between


RACAL HOLDINGS CORPORATION shall be known as COMPANY represented by MR.
LUCKY O. JAVELLANA, HR/LEGAL MANAGER and JOHN M. ONG shall be known as
RECIPIENT

By virtue of the position of the RECIPIENT which enjoys a high level of trust and
confidence, said RECIPIENT acquires information, technical and confidential. For this
reason, the RECIPIENT undertakes to secure all information he/she acquires in the course
of his/her employment, such that the RECIPIENT hereby commit to do the following:
a. The RECIPIENT shall not to any person or government at any time (including
after his/her employment) all information (including COMPANY client
information) he/she acquired in the course of his/her employment without a
written consent from the COMPANY. That the RECIPIENT is aware that
disclosure of such information to third persons without the express consent of
the COMPANY shall amount to Gross Misconduct and shall be a ground for
immediate termination of his/her employment. This non-disclosure shall
extend to officers and employees of the COMPANY who have no reason to
acquire such information.

b. Corollary thereto, the RECIPIENT shall immediately disclose any information


and deliver properties and documents related to the business of the COMPANY
whenever required by the latter.

c. All intellectual creations (writings, concepts, materials, and electronic


communications, among others) of the RECIPIENT funded by or produced
during the course of his/her employment shall exclusively belong to the
COMPANY. The COMPANY has the right to take and possess said intellectual
creations without need of demand.

d. All information and data within the knowledge or possession of the RECIPIENT
that may expose the COMPANY to the danger of harm or damage shall be kept by
the RECIPIENT in the strictest confidence. That the RECIPIENT shall undertake
to pay the COMPANY the value of the damages that may be caused to the latter
by reason of his/her disclosure.

e. On Non-Competition. The RECIPIENT shall not solicit or accept any form of


service (such as sideline, consultancy and the like) or do business during his/her
employment with the COMPANY when such service or business directly or
indirectly compete with the latter’s business. That this prohibition shall bind
the RECIPIENT within one (1) year from his/her separation from the COMPANY.

f. The RECIPIENT shall not induce any officer or employee of the COMPANY to
disclose or release any information or document to any person not authorized to
obtain such information or document at any time.

g. The RECIPIENT shall not induce any officer, employee or clients of the
COMPANY to terminate or breach an employment or contractual relationship
with the COMPANY.

Page 1 of 2
h. The RECIPIENT acknowledges that violation of this undertaking during his/her
employment constitutes GROSS MISCONDUCT and shall be a ground for his/her
immediate termination.

i. This Agreement may be modified only by a writing executed by both the


RECIPIENT and the COMPANY. Any waiver of a default under this Agreement
must be made in writing and shall not be a waiver of any other default
concerning the same or any other provision of this Agreement. No delay or
omission in the exercise of any right or remedy shall be construed as a waiver on
the part of the COMPANY. Any act of the RECIPIENT constituting a violation of
this Agreement not immediately apprehended by the COMPANY shall not be
construed as condonation or approval of such irregular act.

j. The RECIPIENT agrees to submit to the jurisdiction and venue of any court of
competent jurisdiction in Regional Trial Court of the province of Bulacan
without regard to conflict of laws provisions, for any claim arising out of this
Agreement.

This AGREEMENT shall form part of confidential information and the provisions of
which should not be disclosed.
IN WITNESS WHEREOF, the parties have executed this document as of the date and
place abovementioned.

RACAL HOLDINGS CORPORATION


Company

By:

LUCKY O. JAVELLANA – HR/LEGAL MANAGER JOHN M. ONG

SIGNATURE OVER PRINTED NAME SIGNATURE OVER PRINTED


NAME OF COMP ANY REPRESENTATIVE OF RECIPIENT

Page 2 of 2

Common questions

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The agreement specifies that violation during employment constitutes gross misconduct, leading to immediate termination . Additionally, legal action can be pursued in the Regional Trial Court of Bulacan, and violations not immediately addressed by the company should not be seen as condonation .

The agreement stipulates that all intellectual creations made by the recipient, funded by the company or produced during their employment, belong exclusively to the company. The company has the right to possess these creations without demand .

The agreement can only be modified through a written agreement executed by both the recipient and the company. Any waiver of a default must also be in writing and is not considered a waiver of any other default relating to the same or any other provision of the agreement .

The recipient is forbidden from inducing any officer, employee, or client to terminate or breach their relationship with the company . This is intended to maintain the integrity of the company's business relationships and prevent conflicts of interest.

The agreement is enforceable in any court of competent jurisdiction, specifically the Regional Trial Court of the province of Bulacan, without consideration of conflict of laws provisions .

The recipient is prohibited from inducing any company officer or employee to disclose information to unauthorized individuals or to terminate or breach any employment or contractual relationship with the company .

The recipient is obligated not to disclose any information acquired during their employment, including client information, without written consent from the company. Disclosure to unauthorized individuals is considered gross misconduct and can result in immediate termination. This obligation extends even to company officers and employees who have no reason to access such information . Additionally, any information that might expose the company to harm must be kept confidential, and the recipient must pay for any damages caused by its disclosure .

Any delay or omission in enforcing the agreement by the company is not to be construed as a waiver of rights or remedy . Acts of violation not immediately apprehended by the company do not imply condonation or approval .

The agreement itself is considered confidential information. It forms part of the confidential information, and its terms should not be disclosed .

During employment, the recipient is restricted from engaging in services or businesses that directly or indirectly compete with the company's business . This prohibition extends for one year following their separation from the company .

NON-DISCLOSURE and NON-COMPETE AGREEMENT This Non-Disclosure and Non-Compete Agreement is made effective by and between RACAL
h. The RECIPIENT acknowledges that violation of this undertaking during his/her employment constitutes GROSS MISCONDUCT and s

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