Basic Salary | has the meaning given to it in clause 7.1; |
Capacity | as agent, consultant, director, employee, owner, partner, shareholder or in any other capacity. |
Client | means any person, firm, company or other undertaking, who was provided (directly or indirectly) with goods and/or services by the Company or any Group Company and with whom you dealt at any time during the Relevant Period (other than on a minimal basis) or about whom you had access to Confidential Information; |
Commencement Date | the date specified in clause 2.2 (notwithstanding the date of execution of this Agreement); |
Competing Business | means any business in the Territory which competes, or proposes to compete, with any business carried on by the Company or any Group Company, in which you were involved (other than on a minimal basis) at any time during the Relevant Period or about which you had access to Confidential Information. |
Confidential Information | has the meaning given to it in clause 21.1; |
Employment | your employment by the Company under this Agreement. |
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Group Company | any holding company or any subsidiary of the Company and any associated company of the Company as defined in s231 of Employment Rights Act 1996. |
Incapacity | any sickness, accident, injury or other incapacity which renders you incapable of properly performing your duties under this Agreement. |
Intellectual Property Rights | means without limitation any rights in inventions, patents, utility models, copyright, trademarks, trade names, domain names, design rights, designs, service marks, rights in get-up, database rights, know-how, trade secrets, semiconductor topography rights and any other rights of a similar nature, and, in each case: (i) whether or not registered or capable of protection by registration, (ii) including the right to apply to register any of them, (iii) including any applications to protect or register such rights, (iv) including all renewals and extensions of such rights or applications, (i) whether vested, contingent or future, and (vi) wherever existing; |
Invention | means any invention, idea, concept, discovery, development, improvement or innovation, whether or not patentable or capable of registration, and whether or not recorded in any material form: (i) created or provided by you (either alone or jointly with others) in the course of your employment with the Company or (ii) arising out of this Agreement or any duties assigned to you by the Company (or any Group Company) or (iii) arising as a result of your special obligation to further the interests of the Company (or any Group Company), in each case (whether or not during your normal working hours or using Company (or any Group Company) premises or resources. |
Probationary Period | has the meaning given to it in clause 5.1 and 5.2 |
Prospective Client | means any person, firm, company or other undertaking with whom or which, at any time during the Relevant Period, the Company or any Group Company was in discussion with a view to providing goods or services, and in which discussions you were involved (other than on a minimal basis) or of which discussions you had knowledge or about which discussions you had access to Confidential Information; |
Relevant Period | means the period of 12 months ending with the Termination Date. |
Restricted Employee | means any person employed or engaged by the Company, or any Group Company at any time during the Relevant Period and with whom you had dealings, line manager and/or about whom you have access to Confidential Information. |
Restricted goods or services | means goods or services of the same type as, or similar to, goods and/or services supplied by the Company or any Group Company (1) at the Termination Date, or (2) at any time during the Relevant Period; |
Supplier | means any person, firm, company or other undertaking who or which has provided goods or services (other than utilities or administration-related supplies) to the Company or any Group Company and with whom you dealt at any time during the Relevant Period (other than on a minimal basis) or about whom or which you had access to Confidential Information. |
Termination | the termination of your employment with the Company howsoever arising. |
Termination Date | the date on which the Employment terminates for whatever reason. |
Territory | means any country in which at the Termination Date the Company or any Group Company carries on business or proposes to carry on business. |
Works | means without limitation any and all works of authorship, products, materials, research, processes, systems, programs (including software programs and source code), formulae, component lists, operating and training manuals, databases, instructions, manuals, brochures, catalogues, process descriptions, know-how, data, diagrams, charts, results, reports, information, methodologies, designs, documents, models, prototypes, sketches, drawings, plans, photographs, specifications and studies created or provided by you (either alone or jointly with others) in the course of your employment with the Company or arising from this Agreement or any duties assigned to you by the Company (or any Group Company) (whether or not during your normal working hours or using Company(or any Group Company) premises or resources). |