Aaron,

This is a similar agreement and situation to what I experienced when I wen
to work for TI (Texas Instruments).   When I had any moonlighting jobs
(there were several), I went to my superior and asked for (and received)
permission to persue the moonlighting jobs.

I believe this agreement should have been shown to you at the time of
employment and not two weeks later, but I guess it's your call on whether
you want to remain at a job you like, or go in search of another.   My
opinion... sign the agreement and go on working at a job you like.  If you
have any moonlighting jobs you want to persue, ask their permission.
Chances are you'll get it.   Unless the job you're monlighting at is in
direct competetion to what your employer is doing.

Hope this helps.

                                       Regards.

                                            Jim
----- Original Message -----
From: "Aaron" <aaron.piclist@gmail.com>
To: <piclist@mit.edu>
Sent: Thursday, December 22, 2005 9:05 PM
Subject: [OT]Non-Disclosure, Non-Compete, & Inventions Agreement


> A not-so-hypothetical scenario... it the middle of your 3rd week on a new
> job -- which you really like and enjoy.  Now the HR guy comes to by, hands
> you a couple sheets of paper, and says to review this Non-Disclosure,
> Non-Compete, and Inventions Agreement that he forgot to mention and have
you
> sign.
>
> Among other items, it contains the following 3 paragraphs...
>
> "The Employee agrees to keep the company informed of his ideas and
> suggestions towards the technical development of the lines of equipment to
> be engineered, sold and/or managed by the Company.  Employee further
agrees
> that he will disclose promptly to the Company any and all inventions,
> improvements, and developments, hereinafter referred to as "Inventions,"
> conceived or made by the Employee during his employment, alone or in
> conjunction with others, relating in any way to the business of the
Company
> or in which the Company may be interested, and that all such Inventions
and
> all information and records in regard thereto shall be assigned to and
> become the exclusive property of the Company..."
>
> "It is the intent of the Company that the Employee's sole remuneration be
> for services rendered on behalf of the Company; it is not in the Company's
> interest for upper-level employees to "moonlight."  Therefore, the
Employee
> should either arrange any taxable compensable endeavors for others through
> the Company, or shall review his plans with, and have them approved by,
> management before commitments are made, and the Company promises that such
> approval will not unreasonably be withheld."
>
> "In event Employee's employment is ended by either party, he has the right
> to use the training an experience gained from his employment with company
to
> provide for his livelihood, except as reasonably limited by this
Agreement,
> with Company's customers, other customers in the industry, or in related
> fields of employment; however, the Employee agrees not to work directly
for
> any competitor of the Company, nor indirectly as salesman, agent,
> consultant, soliciting representative or sub-contractor, or in any other
way
> promote the sale, development, or use of a competitor's product, or
> products, while he is employed by Company and for a two year period
> following the end of his employment with Company."
>
> What are your thoughts on the above and what would you do?
>
> Aaron
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