Transaction Summary
Employer Agreements documenting sales and marketing employment relationships establish parameters for employer control of employee sales activities. Responsibilities for promotion, advertising, demonstrations, proposals and other marketing activities are clearly set forth. Employee schedules, best efforts obligations and deference to employer management are documented. Employer termination rights and applicable sales quotas (if any) are included. Aggressive noncompete, customer solicitation restrictions and employee pirating limitations apply. Extensive intellectual property restrictions also apply to traditional technology assets, as well as such items as business records, customer lists and technology enhancement plans. Ownership of all intellectual property rights accrues to employer, and employee use, removal and disclosure requirements are included in the agreement. You can find answers to your questions using our extensive library of
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This Agreement reduces Employer costs and risks in retaining the Sales Employee.
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