Document:

Exhibit 10.3

 

Management And Voting Rights Agreement

This Management Services and Voting Rights Agreement (this "Agreement"), is made and entered into as of April 25, 2016, by and among Leo Motors, Inc., a Nevada corporation (the "Parent") and Leo Motors KOREA, Inc. an entity incorporated under the laws of the Republic of Korea and a subsidiary of the Parent (the "Company"). The Company, collectively together with the Parent, are referred herein as the "Parties."

Preliminary Statement

A. The Company is a subsidiary of the Parent, which owns approximately 49.90% of the issued and outstanding common stock of the Company.

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B. The Company has agreed to grant to the Parent certain management and voting rights with respect to the Company.

NOW, THEREFORE, the Parties, intending to be legally bound, hereby agree as follows:

Management Rights

1. From and after the date hereof, the Company grants to the Parent the following management rights with respect to the Company:

(a) The Parent, or its designee, shall manage the day-to-day operations of the Company.

(b) The term of this Agreement (the "Term") shall be for an initial term expiring ten (10) years after the date hereof; provided, however, that this Agreement and the Company's engagement of the Parent hereunder may be terminated at any time following the date hereof upon mutual agreement of the Company and the Parent. The Term shall be renewed automatically for additional one-year terms thereafter unless the Parent or the Company shall give notice in writing within ninety (90) days before the expiration of the initial term or any one-year renewal thereof of its desire to terminate this Agreement.

(c) As soon as available, the Company will deliver to the Parent quarter and year-end financial reports.

(d) The Company will provide the Parent with the right to review and inspect the books and records of the Company during regular business hours upon reasonable notice to the Company.

Voting Rights

2. From and after the date hereof, the Company grants to the Parent the following voting rights with respect to the Company:

(a) The Board of Directors of the Company (the "Board") hereby agrees, in all voting matters, to vote in the manner prescribed by, and at the direction of, the Parent or its designee.

General Provisions

3. The Company agrees to cooperate fully with the Parent to enable the Parent to exercise the management rights granted to the Parent pursuant to the terms of this Agreement.

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4. This Agreement may be executed in any number of counterparts, and all such counterparts taken together shall be deemed to constitute one and the same document.  All signatories intend (as evidenced by their execution hereof) that a facsimile copy and signature shall have the same effect as an original.

5. Amendment and Modification; Waiver. This Agreement may only be amended, modified or supplemented by an agreement in writing signed by each party hereto. No waiver by any party of any of the provisions hereof shall be effective unless explicitly set forth in writing and signed by the party so waiving. Except as otherwise set forth in this Agreement, no failure to exercise, or delay in exercising, any rights, remedy, power or privilege arising from this Agreement shall operate or be construed as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege.

6. Severability. If any term or provision of this Agreement is invalid, illegal or unenforceable in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction. Upon such determination that any term or other provision is invalid, illegal or unenforceable, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible.

7. Governing Law; Submission to Jurisdiction. This Agreement shall be governed by and construed in accordance with the internal laws of the State of New York without giving effect to any choice or conflict of law provision or rule (whether of the State of New York or any other jurisdiction) that would cause the application of Laws of any jurisdiction other than those of the State of New York. Any legal suit, action or proceeding arising out of or based upon this Agreement or the transactions contemplated hereby may be instituted in the federal courts of the United States of America or the courts of the State of New York in each case located in the city of New York and County of New York, and each party irrevocably submits to the exclusive jurisdiction of such courts in any such suit, action or proceeding. Service of process, summons, notice or other document by mail to such party's address set forth herein shall be effective service of process for any suit, action or other proceeding brought in any such court. The parties irrevocably and unconditionally waive any objection to the laying of venue of any suit, action or any proceeding in such courts and irrevocably waive and agree not to plead or claim in any such court that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum.

[SIGNATURE PAGE FOLLOWS]

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In Witness Whereof, the Parties have executed this Agreement as of the date first above written.

LEO MOTORS KOREA, INC.

/s/ Jeong Youl Choi_________________

By: Jeong Youl Choi________________

Title: Chief Executive Officer________

LEO MOTORS, INC.

/s/ Shi Chul Kang _________________

By: Shi Chul Kang ________________

Title: Co-Chief Executive Officer_____

/s/ Jun Heng Park__________________

By: Jun Heng Park ________________

Title: Co-Chief Executive Officer_____

3Exhibit

Assignment and Extension of Agreement No: 910024  “Yo Gabba Gabba!”

We refer to the Agreement between SmartKids, LLC of 150 Pico Boulevard, Santa Monica, California, 90405, USA (“Licensee”) and GabbaCaDabra LLC, of 15000 Ventura Blvd, 3rd Floor, Sherman Oaks, California, 91403, the USA (the “Licensor”) dated May 9, 2012. 

The Licensor and Licensee hereby agree to assign the Agreement to Athena Brands Inc, of 7620 Miramar Road, Suite 4200, San Diego, California 92126, USA (“Assignee”), and to amend the terms of the Agreement with effect from April 1, 2016 as follows:

1. License Period: The Term of the License Period set forth in the Standard Terms and Conditions shall be extended through to and including January 31, 2020 unless sooner terminated pursuant to the terms of the Agreement.

2. The parties hereby agree to assign the benefits and burdens from the Licensee hereunder to the Assignee and the Assignee hereby accepts such assignment.  

Notwithstanding the foregoing the Licensee undertakes to fully indemnify Licensor in the event that Assignee is in breach of the Agreement and fails to remedy such breach in accordance with the terms of the Agreement.

Except as expressly modified by this Amendment, all terms and conditions of the Agreement shall remain in full force and effect, and all provisions of said Agreement modified, replaced, or deleted by this Amendment shall remain fully enforceable in their original forms with respect to the period prior to the date of this Amendment.

Kindly indicate your acceptance of the above by signing and returning a copy of this Assignment.

	
		
	Signed by: /s/ authorized signor GabbaCaDabra LLC
	Signed by: /s/ Thomas Ardnt

	An authorised signatory for and on 
behalf of GabbaCaDabra LLC
(Licensor)
	An authorised signatory for and on behalf of SmartKids, LLC
(Licensee)

	
	
	Signed by:  /s/ Sam J Messina III

	Sam J Messina III, CFO
Athena Brands, Inc (Assignee)kool_ex102.htm

EXHIBIT 10.2
 
KOOLBRIDGE SOLARTM
EMPLOYMENT, NON-DISCLOSURE, INVENTIONS AND NON-COMPETITION AGREEMENT
 
THIS EMPLOYMENT, NON-DISCLOSURE, INVENTIONS AND NON-COMPETITION AGREEMENT ("Agreement"),i s between KOOLBRIDGE SOLARTM, INC., a North Carolina corporation (the "Company") and John Stephen Burnett ("Employee"). 
 
AGREEMENT
 
In consideration of the employment of Employee and the compensation the Company agrees to pay Employee, the training of Employee and the granting to Employee of access to certain confidential information of the Company, all as more specifically set forth below, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
 
1. Employment. The Company hereby employs Employee and Employee hereby accepts such employment upon the terms and conditions set forth in this Agreement, but in any case, not less than three years per the Koolbridge SolarTM Private Placement Memorandum dated June 15, 2014.
 
2. Position and Duties. Employee will initially have the title of Chairman & CEO. During the Period of Employment, Employee shall faithfully and diligently devote his business time, attention, skills, and efforts to the performance of those duties as the Company may assign from time to time, during such times and in such a manner as the Company may reasonably prescribe, and to the furtherance of the business objectives and the best interests of the Company. The Company may expand the position, responsibilities and duties of Employee at any time, provided that there is no diminishment of the position or change in position or responsibilities. Notwithstanding the foregoing, Burnett may continue his duties with Remote Light, Remote Light Water, ShareMail, and any other venture(s) provided that there is no direct conflict of interest with Koolbridge SolarTM.
  
3. Employee's Compensation. Employee shall be afforded the following compensation and benefits during the Period of Employment:
  
(a) Salary. Beginning May 15, 2014, as stated on page 39 of the Koolbridge Solar, Inc. Private Placement Memorandum (PPM), and once the aggregate amount of at least $200,000 is reached as stated per the PPM , the Company shall immediately pay Employee all accrued compensation due up to that point. In addition, the salary (the "Salary") of $7,000 per month, or $84,000 per year, will begin to be paid at the beginning of each month. Upon the completion of Employee's first full year of employment by the Company, the Board of Directors may re-evaluate Employee's salary. The Salary may thereafter be increased from time to time at the sole discretion of the Board of Directors and shall be payable in accordance with the customary payroll practices of the Company.
 
	 
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(b) Bonus. There will not be any bonus considered for Employee until Company revenues have reached the $1,000,000 mark on an annualized basis.
 
(c) Benefits. Employee shall be entitled to participate in the employee benefit programs that the Company may elect to provide the Company's employees generally, provided, however, that Employee shall be entitled to receive (i) family health & family dental insurance, and the Company shall reimburse Employee for any deductibles applicable thereto, up to an annual maximum of $10,000; (ii) term life insurance with a policy limit in the amount up to, $500,000;(iii)car allowance in the amount of $1,000 per month; (iv) monthly cell phone service; ( v ) a 401 -K or like plan with matching funds to be determined by the Board of Directors. The family benefits listed herein are in exchange of Employee paying for his North Carolina home office expenses on behalf of the company. All benefits will be paid ona monthly basis . However, nothing contained in this Agreement shall obligate the Company toestablish or maintain any employee benefit other than those expressly set forth herein, nor shalltheprovisionsof this Section 3(c) be construed as providing Employee with the right to continuedemploymentoveranyperiodoftimepastthe initial three year term.
 
(d) Stock Options. Subject to the Company and Employee entering into a Stock Option Agreement, there will not be any stock options granted.  
 
(e) Training. The Company also shall provide Employee with such training as may reasonably be required for Employee to carry out Employee's assigned duties as Chairman & CEO with the Company during the Period of Employment. This training may include any preparatory training to manage a public company effectively.
 
4. Severance Benefits. If Employee's employment is terminated by the Company without cause (as defined below), the Company will pay Employee his Salary for the balance of his initial three year contract, or for the length of his non-compete if it is longer than his contract, and all stock options will vest immediately if there are any. Payment of the remaining Salary will be made within 30 day sinalump - sum payment. Cause shall exist in the event of any one or more of the following: (1) Employee's willful, material and irreparable breach of this Agreement; (2) Employee's negligence in the performance or intentional non-performance of any of Employee's duties and responsibilities hereunder; (3) Employee's willful dishonesty, fraud or misconduct with respect to the business or affairs of the Company; (4) Employee 's conviction of a felony. In the event of a termination for Cause, as enumerated above, Employee shall have no right to any severance compensation. If employee is terminated for cause, no non-compete shall apply, without mutually agreed to compensation. Any termination for cause will require a written notification to the employee with a 30-day period to cure, excluding acts of fraud.  
 
5. Other Representations and Obligations. Inadditionto the duties and obligations of Employee set forth elsewhere in this Agreement, and as part of the consideration for the Company's employment of Employee hereunder, the training by the Company of Employee and the granting to Employee of access to certain confidential information of the Company, Employee represents and covenants for the benefit of the Company as follows:
 
(a) Assistance in Litigation. During the Period of Employment and for two (2) full years thereafter, Employee shall, upon reasonable notice, furnish such information and proper assistance to the Company as may reasonably be required by the Company in connection with any litigation in which the Company is, or may become, a party.  
 
	 
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(b) Confidential Information. Employee acknowledges that in the course of the Period of Employment, Employee will acquire knowledge of trade and business secrets and other confidential information of the Company. Accordingly, Employee agrees as follows:
 
(b.i) Definition of Confidential Information. Employee agrees and acknowledges that the following information and materials whether in written, oral, magnetic, photographic , optical, machine-readable or other form will be considered to be "Confidential Information" of the Company : (a) all information and materials received by Employee from the Company in tangible form and marked "Proprietary" or "Confidential"; (b) all computer software or portions thereof (whether in source or object code form) developed and/or owned by the Company and all written materials relating to such software; (c) all computer software (whether in source or object code form) or other information licensed by the Company from third parties to whom the Company owes any obligations of confidentiality; (d) all ideas, concepts, know-how, materials, inventions, research, reports, products, designs, methods, formulae, techniques, systems, processes and works of authorship relating specifically to the business of the Company and not to the industry generally; (e) all internal business information, procedures and plans of the Company and all lists of current or prospective customers of the Company; and (f) all other information that is not generally known to third parties who are not under an obligation of confidentiality to the Company and that has value to the Company because it is not known to third parties.
 
(b.ii) Definition of Trade Secret. As used herein, "Trade Secret " isdefinedas business or technical information that derives independent actual or potential commercial value from not being generally known or readily ascertainable through independent development or reverse engineering.
 
(b.iii) Exclusions. The Company acknowledges and agrees that the following information and materials will not be considered Trade Secrets or Confidential Information: (a) information that at the time of disclosure is in the public domain, or that later becomes part of the public domain through no breach of this Agreement by Employee; (b) information that is rightfully furnished to Employee subsequent to the Period of Employment by a third party who is under no obligation of confidentiality to the Company; and (c) information that Employee can demonstrate is independently developed by Employee subsequent to the Period of Employment without any use of , reference to, or reliance upon the Trade Secrets or Confidential Information.  
 
(b.iv) Restrictions on Use and Disclosure of Trade Secrets and Confidential Information. During the Period of Employment and for one year thereafter , Employee shall not use or disclose the Trade Secrets or Confidential Information other than as required in the performance of Employee's duties with the Company . Upon termination of the Period of Employment for any reason whatsoever, Employee shall deliver to the Company all tangible materials that embody the Trade Secrets or Confidential Information or that were created by reference to the Trade Secrets or Confidential Information.
 
(b.v) Disclosures Required by Law. In the event that Employee becomes legally compelled to disclose any of the Trade Secrets or Confidential Information, Employee will provide the Company with prompt written notice so that the Company may seek a protective order or other appropriate remedy or may waive compliance with the provisions of Section 7(b)(iv). In the event that such protective order or other remedy is not obtained, or that the Company waives compliance with the provisions of Section 7(b)(iv) , Employee will furnish only that portion of the Trade Secrets or Confidential Information that Employee believes, after receiving advice from counsel, may be legally required.
 
	 
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Company's Limited Obligation. Not with standing anything to the contrary in this Agreement, the Company shall not be required to provide Employee with access to any information other than that information as may reasonably be required for Employee to carry out its assigned duties with the Company during the Period of Employment. Trade Secrets and Confidential Information as herein defined are and shall remain the exclusive property of the Company, and Employee shall have no rights inorto such Trade Secrets and Confidential Information.
 
(c) ldeas and Inventions. Employee and the Company hereby agree and acknowledge that the following will be considered to be within the definition of "Company Inventions" for the purposes of this Agreement except as noted in (c) (ii): Any and all ideas, concepts, know-how, techniques , processes, methods , inventions, discoveries , developments, innovations, improvements, modifications, designs, software programs, works of authorship, documentation, formulas, data, secrets or intellectual property rights whatsoever or any interest therein (whether or not patentable under copyright or similar statutes or subject to analogous protection) (cumulatively , "Ideas") that are conceived or made by Employee, whether alone or with others, in the course of Employee's employment with the Company during the Period of Employment, and that either ( l) involve or are reasonably related to the business of the Company or the Company's actual or demonstrably anticipated research or development or (2) incorporate or are based on, in whole or in part, any of the Confidential Information; provided, however, that the "Company Inventions" shall not include any Ideas with respect to which both of the following conditions are satisfied: ( l) the Company shall have expressed its written consent, signed on behalf of the Company by its President or Vice President, authorizing the development by Employee of the Ideas specified within said written consent for Employee's own behalf (which consent shall be valid and operative only for so long as the following additional condition regarding Confidential Information is satisfied, unless the consent specifically states otherwise); and (2) the Ideas shall not at any time incorporate or be based upon, in whole or in part, any of the Confidential Information.
 
Employee hereby assigns to the Company all of Employee's right, title and interest in and to the Company Inventions made, conceived, discovered or reduced to practice during the period of Employment that are related to Koolbridge Solar's business model. All copyrights , patents, trade secrets and other intellectual property rights associated with the Company Inventions shall belong exclusively to the Company and shall, to the fullest extent permitted by applicable law, be considered work made for hire for the Company within the meaning of Title17 of the United States Code. Employee agrees to disclose all i nventions to the Company promptly upon conception. During the Period of Employment and thereafter, Employee shall execute, acknowledge and deliver any instruments that may reasonably be requested by the Company to enable the Company to prosecute and obtain patents or to obtain, protect or secure patent, trademark, copyright or other intellectual property rights relating to the Company Inventions.
     	 
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(d) Restrictive Covenants.
 
(i) Noncompetition. During the term of his employment, and for a period of two (2) years after the termination or cessation of Employee's employment with the Company, regardless of manner or cause of termination, Employee agrees that, within the geographic area described in Section 7(d)(iv), he will not: (a) engage in, manage, operate, control or supervise, or participate in the management, operation, control or supervision of, any business or entity which provides products or services competitive with those then currently provided by the Company; (b) be employed in a position or be engaged in any business that provides products or services competitive with those then currently provided by the Company, performing substantially the same work as he performed while employed by the Company pursuant to this Agreement or otherwise; or (c) have any ownership or financial interest, directly or indirectly, in any entity which provides products or services competitive with those then currently provided by the Company , including, without limitation, as an individual, partner, shareholder (other than as a shareholder of a publicly-owned corporation in which Employee owns less than 10% of the outstanding shares of such corporation), officer, director, employee, member, associate, principal, agent, representative or consultant, and shall not in any other manner, directly or indirectly, compete to any extent with such business of the Company.
 
(ii) Restriction on Solicitation of Customers. Employee agrees that he will not (in addition to any other restriction on his activities) , for a period of two (2) years immediately following Employee 's termination, on his own behalf or on behalf of any other person or entity, directly or indirectly call on or otherwise contact customers of the Company, on or prior to the date of termination, or cessation of Employee's employment with the Company (the "Restricted Customers") within the geographic area described in Section 7(d)(iv), for the purpose of selling products or services to the Restricted Customers that are competitive with those provided by the Company .
 
(iii) Restriction on Solicitation of Employees. Employee agrees that he will not, for a period of two (2) years immediately following Employee's termination, directly or indirectly contact, solicit, interfere with or attempt to entice in any form, fashion or manner any employee of the Company: (a) for the purpose of inducing that employee to work with or for Employee (or with a person or business entity with which employee is affiliated); or (b) to terminate his employment with the Company.
 
(iv) Geographical Scope. The provisions contained in Sections 7(d)(i) and 7(d)(ii) shall be limited in scope and shall be effective only within the following geographical areas: (a) each country in which the Company markets its products to existing or prospective customers at any time during the Period of Employment; (b) each country in which customers of the Company reside at any time during the Period of Employment; (c) the United States of America; (d) all those states to the east of the Mississippi River; (e) each state in which the Company markets its products to existing or prospective customers at any time during the Period of Employment; (f) each state in which customers of the Company reside at any time during the Period of Employment; and (g) the State of North Carolina.
 
	 
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(v) Severability; Company's Right to Restrict. The parties intend the geographical areas listed in Section 7(d)(iv) to be completely severable and independent, and any invalidity or unenforceability of this Agreement with respect to any one area shall not render this Agreement unenforceable as applied to any one or more of the other areas. The Company reserves the right, at any time and from time to time, unilaterally to restrict the scope of Employee's covenant herein, by giving notice to Employee, in order to avoid any unenforceability thereof.
 
(e) Equitable Relief; Reasonableness. Employee acknowledges that the Company may have no adequate means of protecting its rights under this Section 7 other than by securing an injunction (a court order prohibiting Employee from violating this Agreement). Accordingly, Employee agrees that the Company is entitled to enforce this Agreement by obtaining a temporary restraining order, preliminary and permanent injunction and any other appropriate equitable relief in any court of competent jurisdiction. Employee acknowledges that the Company 's recovery of damages will not be an adequate means to redress a breach of this Agreement, but nothing in this Section 7 shall prohibit the Company from pursuing any remedies in addition to injunctive relief, including recovery of damages. The parties hereby agree that all provisions and restrictions in this Section 7 are reasonable in nature and are designed to reasonably protect the Company's interests.
 
(f) Representation. Employee represents that Employee's performance of all the terms of this Agreement and as an employee of the Company does not and will not breach any agreement to keep in confidence proprietary information acquired by Employee in confidence or in trust prior to Employee's employment by the Company. Employee has not entered into, and Employee agrees he/she will not enter into, any agreement either written or oral in conflict herewith.
 
6. Survival. Employee's obligations provided in Sections 7(a), 7(b), 7(c) and 7(d) above all shall continue in full force and effect for the periods specified in those Sections 7(a), 7(b), 7(c) and 7(d) following the termination of the Period of Employment.
    7. General Provisions.
 
(a) Non-Assignability. Neither this Agreement, nor any right or interest hereunder, shall be assignable by Employee.
 
(b) Entire Agreement; This Agreement contains the entire understanding between the parties with reference to the employment of Employee by the Company, and supersedes any prior agreement, understanding or arrangement between Employee and the Company. This Agreement may not be modified or amended except by an instrument in writing signed by all the parties hereto. This Agreement shall be binding upon and shall inure to the benefit of Employee and the Company and their respective heirs, successors and assigns.  
 
	 
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(c) Notice. For purposes of this Agreement, written notice shall be effective if personally delivered or if sent by certified mail, return receipt requested, to the parties at the addresses set forth beneath their signatures below, or at such other address that either party may provide the other pursuant to this subsection. For purposes of computing time, all time periods provided under this Agreement will commence on the date notice is deposited in the mail, or if notice is personally delivered, upon receipt of such delivery.  
 
(d) Waiver. No term or condition of this Agreement shall be deemed to have been waived, nor shall there be any estoppel against the enforcement of any provision of this Agreement, except by written instrument of the party charged with such waiver or estoppel. No such written waiver shall be deemed a continuing waiver unless specifically stated therein, and each such waiver shall operate only as to the specific term and condition waived and shall not constitute a waiver of such term or condition for the future or as to any act other than that specifically waived .
 
(e) Severability. If, for any reason, any provision of this Agreement (including without limitation any provision of Section 7(d)) is held invalid, such invalidity shall not affect any other provision of this Agreement not held so invalid, and each such other provision shall to the full extent consistent with law continue in full force and effect. If any provision of this Agreement (including without limitation any provision of Section 7(d)) is held invalid in part, such invalidity shall in no way affect the rest of such provision not held so invalid, and the rest of such provision, together with all other provisions of this Agreement , shall to the full extent consistent with law continue in full force and effect.
 
(f) Governing Law. This Agreement has been executed and delivered in the State of North Carolina , and its validity, interpretation, performance and enforcement shall be governed by the laws of the State of North Carolina, without regard to conflicts of law principles.
    	 
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IN WITNESS WHERE OF , the parties hereto have executed this Agreement under seal as of the day and year first above stated.
 
	THE COMPANY:	 

			
	KOOL BRIDGE SOLARTM, INC.
	
	 	 	 
	Larry D. Zirbel
	
	870 Mayfield Avenue
Winter Park, Florida 32789
	
	    	
	By:	/s/ Larry D. Zirbel	 

	Title:
	Board Member	 

	 
		 

	Paul W. Dent
637 Eagle Point Road
Pittsboro, NC 27312 
	 

			
	By:	/s/ Paul W. Dent	
	Title:	Board Member  	
			
	J. Phillips L. Johnston, J.D.
1912 Eastchester Drive
Suite 106-GHigh Point, NC 27265
	
			
	By:	/s/ J. Phillips L. Johnston, J.D.	
	Title: 	Board Member	
			
	EMPLOYEE:
	
			
	John Stephen Burnett
PO Box 1529
Wrightsville Beach, NC 28480
	
			
	By:	/s/ John Stephen Burnett	
		Chairman & CEO	

 
	 
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EXHIBIT A
 
SECTION 66-57.1 OF THE NORTH CAROLINA GENERAL STATUTES
 
Any provision in an employment agreement which provides that the [employee] shall assign or offer to assign any of his rights in an invention to his employer shall not apply to an invention that the employee developed entirely on his own time without using the employer's equipment, supplies , facility or trade secret information except for those inventions that:
 
		(i) 	relate to the employer ' s business or actual or demonstrably anticipated research or development, or

			
		(ii) 	result from any work performed by the employee for the employer.

 
To the extent a provision in an employment agreement purports to apply to the type of invention described, it is against the public policy of this State and [is] unenforceable. The employee shall bear the burden of proof in establishing that his invention qualifies under this section.
      
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