Document:

Exhibit
      10.1

    

    EXECUTIVE
      EMPLOYEE AGREEMENT

    

    

    THIS
      EMPLOYMENT AGREEMENT ("Agreement") is made and entered into effective as of
      January 24, 2007, by and between TECHNOCONCEPTS INC., a Colorado corporation
      (the "Company"), and RICHARD HAHN, an individual ("Employee").

    

    RECITALS

    

    A. The
      Company desires to employ Employee upon the terms and subject to the conditions
      contained in this Agreement.

    

    B. Employee
      desires to be hired and employed by the Company upon the terms and subject
      to
      the conditions contained in this Agreement.

    

    TERMS
      AND CONDITIONS

    

    NOW,
      THEREFORE, the parties hereto agree as follows:

    

     Employment.
      The
      Company hereby agrees to employ Employee, and Employee hereby agrees to be
      employed by the Company, upon the terms and subject to the conditions set forth
      herein and to the established policies of the Company including (but not limited
      to) the Company’s Employee Manual. Employee shall serve the Company as its
 
      CHIEF
      OPERATING OFFICER, with authority regarding the management and supervision
      of
      the Company's affairs commensurate with his position, subject at all times
      to
      the Bylaws of the Company and the direction and control of the Company's Board
      of Directors and officers senior to Employee. Employee agrees to perform
      Employee's duties hereunder as a full-time employee in an efficient, faithful
      and businesslike manner and shall conduct himself/herself at all times during
      the term of this Agreement in a manner which does not damage or otherwise
      adversely reflect upon the business reputation and integrity of the Company.
      

    

     Term
      and Termination.

    

    2.1
      Term.
      Subject
      to the provisions of Section 2.2 hereof, the term of this Agreement shall
      commence as of January 24, 2007 (“Commencement Date”) and shall thereafter be
      terminable "at will" by either party to this Agreement.

    

    2.2
      Other
      Termination.
      Notwithstanding the provisions of Section 2.1 hereof, this Agreement shall
      also
      terminate and cease: (i) as of the date that Employee dies, or (ii) as of the
      date that Employee becomes unable or unwilling to perform Employee's duties
      under this Agreement for a continuous period of at least 90 days or 90 days
      within any 180-day period by reason of any medically determinable physical
      or
      mental impairment.

    

     Annual
      Salary.
      The
      Company agrees to pay Employee $5,538.46 upon execution of this Agreement and
      then a base salary of $13,333.33 per month, for a projected annual compensation
      of $160,000, for the services to be rendered by Employee hereunder. Employee's
      salary shall be payable in accordance with the Company's established payroll
      policy, subject to customary withholding and employment taxes; provided,
      however, that the Company's duties and obligations under this Section 3 shall
      immediately cease on and as of the date that this Agreement is terminated
      pursuant to Section 2 hereof. Notwithstanding the foregoing, the Company agrees
      to pay Employee any accrued but unpaid salary through the date that this
      Agreement is terminated. Employee's salary may be adjusted from time to time
      in
      the sole discretion of the Company. 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    4.
      Bonuses.
      In
      addition to Employee's annual base salary, Employee shall be eligible for an
      annual discretionary bonus, in a range from zero (0) up to 25% of his base
      salary. The amount of the annual discretionary bonus is, if any, in the sole
      discretion of the Board of Directors and shall be based upon the Employee's
      personal performance during the calendar year, including the following factors:
      

    

    
      	 	
              ·

            	
              Schedule

            

    

    
      	 	
              ·

            	
              Establish
                a Realistic budget and conformance to the
                budget.

            

    

    
      	 	
              ·

            	
              Profitability

            

    

    
      	 	
              ·

            	
              Staff
                Performance

            

    

    
      	 	
              ·

            	
              Investor
                Relations

            

    

    
      	 	
              ·

            	
              Infrastructure
                

            

    

    
      	 	
              ·

            	
              Technical
                Support

            

    

    
      	 	
              ·

            	
              Application
                Engineering Support

            

    

    
      	 	
              ·

            	
              Technical
                documentation preparation and maintenance of those
                documents

            

    

    

    5.
      Employment
      Benefits.

    

    5.1 Benefit
      Plan.
      Thirty
      (30) days after the Commencement Date of this Agreement, Employee shall be
      entitled to participate, subject to any rules and conditions and applicable
      laws
      and regulations, in any medical, dental, life insurance, disability insurance,
      pension and/or 401(k) plan established and operated by the Company, for the
      benefit of senior executives of the Company and their dependents. Any such
      plan
      may be changed from time to time in the sole discretion of the Company.

    

    5.2 Paid
      Time Off.
      During
      the term of Employee's employment hereunder, Employee shall be entitled to
      fourteen (14) days annually of paid vacation and six (6) days of sick leave
      in
      accordance with the Company's then vacation and sick days policies, practices
      and procedures. The fourteen (14) days of paid vacation shall accrue monthly
      each year. The maximum number of days of paid vacation which Employee shall
      be
      entitled to accrue during the term of Employee's employment hereunder shall
      be
      twenty-eight (28) days. Sick leave may accrue up to eighteen (18) days during
      the life of this Agreement, but if not used before the termination of this
      Agreement, Employer shall not be obligated to pay Employee for any unused sick
      leave.

    

    5.3 Reimbursement
      of Expenses.
      During
      the term of Employee's employment hereunder, Employee shall be promptly
      reimbursed by the Company for Employee's reasonable travel, entertainment and
      other incidental expenses incurred on business of the Company and also for
      Employee’s reasonable medical expenses, in lieu of the Company’s medical benefit
      plan, upon the submission by Employee of such vouchers or other proof and when
      approved in accordance with the practices now existing at the Company or in
      accordance with such practices as may hereafter be changed from time to time
      by
      the Company.

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    

    6.
       Grant
      of Options.
      Effective as of the Commencement Date, the Company agrees to recommend to the
      Board of Directors to grant Employee incentive stock options covering an
      aggregate of two hundred thousand (200,000) shares of the common stock of
      TechnoConcepts Inc., with a vesting schedule of -

    

    100,000
      shares on execution of this agreement;

    50,000
      on
      the first anniversary of this agreement;

    50,000
      on
      the second anniversary of this agreement; -

    

    and
      at an
      exercise price to be determined and pursuant to the TechnoConcepts 2005 Equity
      Incentive Plan, as adopted by the Company’s Board of Directors, and which shall
      be considered to be incorporated herein by this reference. 

    

    7.
       Severance
      Benefits.
      Effective ninety (90) days after the Commencement Date, in the event that the
      Company terminates its employment of Employee pursuant to the provisions of
      Section 2.1 hereof for any reason other than For Cause (as defined in Section
      7.1 hereof) or Employee terminates Employee's employment with Company for Good
      Reason (as defined in Section 7.2 hereof), the Company agrees to pay Employee,
      as severance benefits, an amount equal to three (3) times Employee's then
      monthly base salary, which amount shall be payable in three (3) equal monthly
      installments, commencing one month after the date of said termination and
      continuing on the same day of each calendar month thereafter until paid in
      full.
      Employee shall remain eligible to participate in the Company’s benefit plan
      (other than pension and/or 401(k) plan) during the severance
      period.

    

    7.1 For
      Cause.
      For
      purposes of this Agreement, the Company shall be deemed to have terminated
      Employee's employment with it pursuant to Section 2.1 of this Agreement "For
      Cause" if the Company shall have involuntarily terminated Employee's employment
      with it because: (i) Employee shall have willfully breached a material term
      of
      this Agreement; (ii) Employee shall have been repeatedly or have been habitually
      intoxicated or under the influence of drugs while on the premises of the Company
      or while performing any of the Employee's normal duties or responsibilities
      on
      behalf of the Company; (iii) Employee shall have been convicted of a violation
      of law involving moral turpitude or a felony; (iv) Employee shall have embezzled
      any property belonging to the Company or shall have willfully injured the
      Company or any of the Company's tangible or intangible property; (v) Employee
      shall have engaged in other willful misconduct in the performance of Employee's
      normal duties or responsibilities on behalf of the Company, which other willful
      misconduct shall have materially and adversely affected the business or
      reputation of the Company.

    

    7.2 Resignation
      for Good Reason.
      For
      purposes of this Agreement, Employee may terminate Employee's employment with
      the Company for "Good Reason" if Employee shall have terminated Employee's
      employment with Company because: 

    

    (i) There
      is
      an assignment by the Company to Employee of any duties inconsistent in any
      substantial respect with the position, authority or responsibilities associated
      with the Employee's position as set forth herein, but excluding any isolated,
      insubstantial or inadvertent action not taken in bad faith by the Company which
      was promptly remedied by the Company after receipt of notice by
      Employee;

    

    (ii) The
      Company relocates the Employee during the first twelve (12) months of this
      Agreement to a location which is greater than forty-five (45) miles from the
      Company office at which Employee was originally assigned
      hereunder;

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    (iii) The
      Company fails to obtain an agreement from any successor to the Company that
      is
      satisfactory to Employee to perform the obligations of the Company under this
      Agreement; 

    

    (iv) The
      Company requires the Employee to perform any illegal act; or 

    

    (v) The
      Company fails to fulfill any of its other material obligations to Employee
      under
      this Agreement.

    

    8. Confidentiality
      and Inventor's Assignment Agreement.
      Employee hereby expressly acknowledges that Employee previously or concurrently
      executed that certain Confidentiality and Inventor's Assignment Agreement (the
      "Confidentiality Agreement") pertaining to the Company. The Company and Employee
      hereby agree that the terms of said Confidentiality Agreement are incorporated
      herein by this reference as if set forth in full.

    

    9. Indemnification.
      If
      Employee is made, or is threatened to be made a party to, or is involved in
      any
      action, suit or proceeding, whether civil, criminal, administrative or
      investigative, by reason of the fact that he is or was an Officer of the
      Company, or is or was serving at the request of the Company as a Director or
      Officer of another company or the Company, or as its representative in a
      partnership, joint venture, trust or other enterprise, shall be indemnified
      and
      held harmless to the fullest extent legally permissible against all expenses,
      liability and loss (including attorneys' fees judgments, fines and amounts
      paid
      or to be paid in settlement) reasonably incurred or suffered by him in
      connection therewith. Such right of indemnification shall be a contract right
      which may be enforced in any manner desired by such person. The expenses of
      Employee incurred in defending a civil or criminal action, suit or proceeding
      must be paid by the Company as they are incurred and in advance of the final
      disposition of the action, suit or proceeding, upon receipt of an undertaking
      by
      or on behalf of the Employee to repay the amount if it is ultimately determined
      by a court of competent jurisdiction that he is not entitled to be indemnified
      by the Company. Such right of indemnification shall not be exclusive of any
      other right which Employee may have or hereafter acquire, and, without limiting
      the generality of such statement, Employee shall be entitled to any rights
      of
      indemnification under any by-law, agreement, vote of Stockholders, provision
      of
      law, or otherwise, that may be in addition to the rights under this Agreement.
      The application of this provision shall, however, be limited by applicable
      provisions in the Employer’s Articles of Incorporation and the bylaws, which the
      Employer’s Stockholders and/or Board of Directors may adopt from time to time
      with respect to indemnification. To the extent authorized by law, the Employer’s
      Articles of Incorporation and/or bylaw, the indemnification provided in this
      Article shall continue as to Employee even after he has ceased to be an Employee
      and shall inure to the benefit of the heirs, executors and administrators of
      such person.

     

    10. General
      Provisions.

    

    10.1 Entire
      Agreement; Amendment.
      This
      Agreement and the Confidentiality Agreement contain the entire understanding
      between the parties hereto with respect to the subject matter hereof and
      supersede any and all prior and contemporaneous written or oral negotiations
      and
      agreements between them regarding the subject matter hereof. This Agreement
      may
      be amended only in a writing signed by both of the parties.

    

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    10.2 Notices.
      All
      notices or other written communications required or permitted to be given by
      this Agreement shall be deemed given when personally delivered or when sent
      by
      United States registered or certified mail, postage prepaid, properly addressed
      to the party to receive the notice at the following address or at such other
      addresses as the parties will from time to time designate in like manner to
      the
      other party:

    

    If
      to the
      Company:                              
TECHNOCONCEPTS
      INC. 

    Attn.
      Chief Financial Officer

    14945
      Ventura Blvd. Suite 300

    Sherman
      Oaks, CA 91403

    Phone:
      818-981-8111

    Fax:
      818-981-4405

    

    If
      to
      Employee:                                    
Richard
      Hahn

    15
      Covered Wagon Lane

    Rolling
      Hills Estates, CA 90274

    Phone:
      310-266-3426 

    Fax:
      310-544-5148  

    

    10.3 Severability.
      If any
      provision or part of any provision of this Agreement is determined to be invalid
      or unenforceable, the provision or part thereof shall be deemed to be severable
      from the remainder of this Agreement and shall not cause the invalidity or
      unenforceability of the remainder of this Agreement.

    

    10.4 Assignment.
      The
      parties acknowledge that this Agreement constitutes a personal contract with
      Employee. Employee may not transfer, assign or delegate any of his rights,
      duties or obligations hereunder without the prior written consent of the
      Company. Subject to the foregoing, this Agreement shall be binding upon and
      shall inure to the benefit of the parties hereto and their heirs, personal
      representatives, successors and assigns.

    

    10.5
       No
      Implied Waivers.
      The
      failure of either party at any time to require performance by the other party
      of
      any provision hereof shall not affect in any way the right to require such
      performance at any later time nor shall the waiver by either party of a breach
      of any provision hereof be taken or held to be a waiver of such
      provision.

    

    10.6 Disputes.
      Except
      as provided in Section 13 of the Confidentiality Agreement, the parties agree
      that any and all disputes, claims or controversies arising out of or relating
      to
      the Executive's employment by the Company shall be submitted to JAMS/Endispute
      or a similar dispute resolution service (as may be agreed by the parties),
      for
      mediation, and if the matter is not resolved through mediation, then it shall
      be
      submitted to JAMS/Endispute, or its successor, for final and binding
      arbitration. 

    

    (a) Mediation.
      Either
      party may commence mediation by providing to JAMS/Endispute and the other party
      a written request for mediation, setting forth the subject of the dispute and
      the relief requested. The mediation will be conducted in accordance with the
      provisions of JAMS/Endispute's "Employment Mediation/Arbitration Rules" in
      effect at the time of filing of the demand for arbitration. The parties will
      cooperate with JAMS/Endispute and with one another in selecting a mediator
      from
      JAMS/Endispute's panel of neutrals, and in scheduling the mediation proceedings.
      The parties covenant that they will participate in the mediation in good faith,
      and that they will share equally in its costs. All offers, promises, conduct
      and
      statements, whether oral or written, made in the course of the mediation by
      any
      of the parties, their agents, employees, experts and attorneys, and by the
      mediator or any JAMS/Endispute employees, are confidential, privileged and
      inadmissible for any purpose, including impeachment, in any arbitration or
      other
      proceeding involving the parties, provided that evidence that is otherwise
      admissible or discoverable shall not be rendered inadmissible or
      non-discoverable as a result of its use in the mediation.

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    (b) Arbitration.
      Either
      party may initiate arbitration with respect to the matters submitted to
      mediation by filing a written demand for arbitration at any time following
      the
      initial mediation session or 45 days after the date of filing the written
      request for mediation, whichever occurs first. The mediation may continue after
      the commencement of arbitration if the parties so desire. Unless otherwise
      agreed by the parties, the mediator shall be disqualified from serving as
      arbitrator in the case. The parties will cooperate with JAMS/Endispute and
      with
      one another in selecting an arbitrator from JAMS/Endispute's panel of neutrals,
      and in scheduling the arbitration proceedings. The parties covenant that they
      will participate in the arbitration in good faith. The Company shall bear the
      fees and costs of the arbitration proceeding, but each party shall bear its
      own
      attorneys' fees. Both parties are entitled to be represented by counsel at
      the
      arbitration hearing and the rights and remedies otherwise available to the
      parties, if established, under applicable federal, state or local law, shall
      remain available in the arbitration proceeding. The provisions of this Section
      may be enforced by any Court of competent jurisdiction, and the party seeking
      enforcement shall be entitled to an award of all costs, fees and expenses,
      including attorneys fees, to be paid by the party against whom enforcement
      is
      ordered.

    

    (c) Waiver
      of Right to Litigate in Court.
      By
      agreeing to have all disputes, claims or controversies arising out of or
      relating to Employee's employment resolved through the arbitration, Employee
      acknowledges his understanding that he is giving up any rights he might possess
      to have those matters litigated in a court or jury trial, including the right
      to
      judicial discovery and appeal except to the extent that they are specifically
      required by law. Employee acknowledges his understanding that if he refuses
      to
      submit a claim to arbitration after agreeing to this provision, he may be
      compelled to arbitrate under federal or state law. Employee represents that
      he
      has read and understood the foregoing and agrees to submission of all disputes,
      claims or controversies arising out of or relating to this Agreement to neutral
      arbitration in accordance with this Section. Employee acknowledges and
      represents that his agreement to this arbitration provision is
      voluntary.

    

    10.7 Attorneys'
      Fees.
      If any
      legal action or any arbitration or other proceeding is brought for the
      enforcement of this Agreement, or because of an alleged dispute, breach, default
      or misrepresentation in connection with any provision of this Agreement, the
      successful or prevailing party shall be entitled to recover reasonable
      attorneys' fees and other costs incurred in that action or proceeding, in
      addition to any other relief to which such party may be entitled.

    

    10.8 Governing
      Law.
      This
      Agreement has been entered into in the State of California and all questions
      with respect to the construction of this Agreement and the rights and
      liabilities of the parties shall be governed by and construed and interpreted
      in
      accordance with the laws of the State of California.

    

    10.9 Counterparts.
      This
      Agreement may be executed in one or more counterparts, each of which shall
      be
      deemed an original, but all of which together shall constitute one and the
      same
      instrument.

    

    10.10 Captions.
      The
      captions of the sections and subsections of this Agreement are included for
      reference purposes only and are not intended to be a part of this Agreement
      or
      in any way to define, limit or describe the scope or intent of the particular
      provision to which they refer.

    

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

    IN
      WITNESS WHEREOF, the parties hereto have executed this Agreement effective
      as of
      the date first above mentioned.

     

     

    
      	"Company"	 	 	"Employee"
	 	 	 	 
	TECHNOCONCEPTS INC.	 	 	RICHARD HAHN
	 	 	 	 
	/s/ 	 	 	/s/ 
	
              
Antonio
              Turgeon, CEO	 	 	
              
RICHARD
              HAHN, an individual

    

     

    

      
        
          
          

        

        
          7Exhibit
      10.2

    

    CONFIDENTIALITY
      AND INVENTOR’S ASSIGNMENT AGREEMENT

    

    In
      consideration of the commencement of my employment and the compensation paid
      to
      me, I hereby acknowledge and agree with TechnoConcepts Inc. (“TechnoConcepts” or
“the company”) as follows.

    

    I
      acknowledge that my present employment by TechnoConcepts, and the compensation
      I
      receive, is primarily for the purpose of carrying out business using processes,
      methods, techniques, equipment, tools and information owned and used by
      TechnoConcepts in its operations. 

     

    1. Confidential
      Information of TechnoConcepts.
      I
      understand that my employment makes available to me confidential and propriety
      information concerning the technology, methods, techniques, operating
      procedures, plans, finances, and customers on which TechnoConcepts’ business
      depends. Such confidential information includes, but is not limited to, (i)
      development techniques, processes, computer programs (both entire programs
      and
      portions thereof), algorithms, object, models, data, electronic codes,
      inventions, improvements, and research; (ii) inventions, discoveries,
      improvements, specifications, and know-how; (iii) information about costs,
      labor
      and overhead rates, profits, markets, budgets, projections, forecasts, sales,
      strategic plans, opportunities, customers, suppliers, and business partners;
      (iv) employee personnel files and compensation information; (v) all information
      that has or could have commercial value or other utility in TechnoConcepts’
business; and (vi) all information of which the unauthorized disclosure could
      be
      detrimental to the interests of TechnoConcepts. Such confidential information
      includes not only information disclosed to me by TechnoConcepts, but also
      information developed or learned by me during the course of my employment.
      I
      agree that all such confidential information comprises the trade secrets of
      TechnoConcepts. As used in this agreement, the term “confidential information”
includes all such information of TechnoConcepts.

     

    2. Confidential
      Information of Other Parties.
      I also
      understand that TechnoConcepts has, and I will also have, access to certain
      confidential information of TechnoConcepts’ customers, clients, vendors,
      suppliers, business partners, or other persons or entities for whom
      TechnoConcepts performs services or from whom TechnoConcepts obtains
      information. I agree that all such confidential information comprises the trade
      secrets of the person or entity that originated the information. As used in
      this
      Agreement, the term “confidential information” also includes all such
      information of such other parties.

     

    3. Prior
      Knowledge and Inventions. .
      I
      acknowledge and agree that I do not know anything about TechnoConcepts’
confidential information other than the information I have learned from
      TechnoConcepts. I further acknowledge and agree that I do not own, or claim
      to
      own, any patent, patent rights, or discoveries, improvements, or inventions,
      other than those identified on Attachment A of this agreement, which are
      expressly excluded from the provisions of this agreement. TechnoConcepts shall
      keep all information on Attachment A strictly confidential, using the same
      procedures it uses to protect its own confidential information.

     

    4.
      Restricted
      Use of Confidential Information. I
      agree
      that I will not directly or indirectly use for the benefit of myself or any
      other person or entity any confidential information, and I will not communicate
      or disclose to any other person or entity any confidential information, except
      as appropriate in the course of my employment and for the benefit of
      TechnoConcepts. I will not transmit, transport, or remove any confidential
      information from TechnoConcepts’ place of business without prior written
      approval of my supervisor. I further agree that I will not take advantage of
      any
      business opportunity available to TechnoConcepts, of which I may become aware
      through my employment by TechnoConcepts, without the written consent of
      TechnoConcepts.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    5. Publication. If
      I wish
      to publish the results of my work for TechnoConcepts, through literature or
      speeches, I will submit such literature or speeches to the President of
      TechnoConcepts at least ten days prior to submission for dissemination. The
      management team of TechnoConcepts will determine, in its sole discretion,
      whether such dissemination may destroy the information’s trade secret status,
      may be highly prejudicial to the interests of TechnoConcepts or the originator
      of the information, or whether such dissemination may constitute an invasion
      of
      their privacy. I acknowledge that I am aware that unauthorized disclosure of
      confidential information may be highly prejudicial to the interests of the
      information’s owner, may constitute an invasion of privacy, and may be an
      improper disclosure of trade secrets (which may be considered a violation of
      California Penal Code §499c).

     

    6. Competing
      during Employment.
      I
      further agree that, during the period of my employment, without the express
      written consent of TechnoConcepts, I will not: (i) engage in any employment
      or
      activity other than for TechnoConcepts in any business in which TechnoConcepts
      is engaged or contemplates engaging in; (ii) induce any other employee of or
      consultant to TechnoConcepts to engage in any such employment or activity;
      or
      (iii) solicit any customer or potential customer of TechnoConcepts for services
      similar to those performed by TechnoConcepts even if those services are not
      directly competitive with services performed by TechnoConcepts.

    

    7. Activities
      after Employment. I
      acknowledge that the pursuit of certain activities (listed in this paragraph)
      would necessarily involve the use or disclosure of confidential and proprietary
      information in breach of Paragraph 3, but that proof of such a breach would
      be
      extremely difficult. To forestall improper disclosure and use of confidential
      information, I agree that for a period of three (3) years after termination
      of
      my employment with TechnoConcepts, I will not directly or indirectly: (i) divert
      or attempt to divert from TechnoConcepts any business of any kind in which
      it is
      engaged, including, without limitation, the solicitation of or interference
      with
      any of its customers; (ii) employ, solicit for employment, or recommend for
      employment any employee or consultant employed by TechnoConcepts; or (iii)
      engage in any business activity that is or may be competitive with
      TechnoConcepts in any state or country where TechnoConcepts conducts business,
      unless I can conclusively prove that any action taken in contravention of this
      paragraph was done without the use in any way of any confidential information
      of
      TechnoConcepts.

    

    8. Disclosure.
      I
      acknowledge and agree to promptly disclose in writing to TechnoConcepts all
      discoveries, developments, designs, ideas, improvements, inventions, formulas,
      processes, techniques, know-how and data (whether or not patentable or
      registerable under copyright or similar statutes) made, conceived, reduced
      to
      practice, or learned by me (either alone or jointly with others) during the
      period of my employment, that are related to or useful in TechnoConcepts’
business, or which result from work assigned to me by TechnoConcepts, or from
      the use of the premises, equipment, or software owned, leased, or otherwise
      acquired by TechnoConcepts. All of the foregoing are referred to in this
      agreement as “inventions.”

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    9. Assignment.
      I
      acknowledge and agree that all inventions belong to and shall be the sole
      property of TechnoConcepts. I assign all right, title, and interest I may have
      or may acquire in and to all inventions. I agree to sign and deliver to
      TechnoConcepts (either during or subsequent to my employment) such other
      documents as TechnoConcepts considers desirable to evidence the assignment
      of
      all my rights, if any, in any inventions to TechnoConcepts and TechnoConcepts’
ownership of such inventions. This assignment does not apply to any invention
      that qualifies under California Labor Code §2870, which is reproduced in
      Attachment B to this Agreement (Notification to Employee).

    

    10. Power
      of Attorney.
      In the
      event that TechnoConcepts is unable to secure my signature on any document
      necessary to apply for, prosecute, obtain, or enforce any patent, copyright,
      or
      other right or protection relating to any invention, whether due to mental
      or
      physical incapacity or any other cause, I hereby irrevocably designate and
      appoint TechnoConcepts, and each of its duly authorized officers, as my agent
      and attorney-in-fact to act for and in my behalf and stead to execute and file
      any such document and to do all other lawfully permitted acts to further the
      prosecution, issuance, and enforcement of patents, copyrights, or other rights
      or protections with the same force and effect as if I executed and delivered
      it.

    

    11. Delivery
      of Documents and Data. In
      the
      event of my separation from the company for any reason, I agree to promptly
      and
      without request deliver to TechnoConcepts all documents and data pertaining
      to
      my employment and the confidential information and inventions of TechnoConcepts.
      I will do so regardless whether such material or information was prepared by
      me
      or otherwise came into my possession or control. I further agree that I will
      execute a certification, in the form required by TechnoConcepts, that I have
      returned all TechnoConcepts confidential information and all other
      TechnoConcepts property. I will not retain any written or other tangible
      material containing any information concerning or disclosing any of the
      confidential information or inventions of TechnoConcepts or any customer,
client,
      vendor, supplier, business partner, or other person or entity for whom
      TechnoConcepts performs services or from whom TechnoConcepts obtains
      information. I recognize that taking any trade secret from TechnoConcepts
      without prior authorization is a crime under California Penal Code section
      499(c) and is punishable by imprisonment and/or a fine. I further recognize
      that
      doing so could also result in civil liability under California’s Uniform Trade
      Secrets Act, and that willful misappropriation may result in an award against
      me
      for triple the amount of TechnoConcepts’ damages, in addition to attorneys’ fees
      incurred in collecting such damages.

    

    13. Injunctive
      Relief. If
      I
      breach or threaten to breach any provision of this agreement, I understand
      and
      acknowledge that the damage or imminent damage to TechnoConcepts’ business or
      its goodwill would be irreparable and extremely difficult to estimate, making
      any remedy at law or in damages inadequate. Accordingly, I agree that
      TechnoConcepts shall be entitled to injunctive relief against me in the event
      of
      any breach or threatened breach of this agreement by me, in addition to damages
      and any other available remedies.

    

     

    14. Prior
      Commitments. I
      warrant
      and affirm that I have no other agreements, relationships or commitments to
      any
      other person or entity that conflict with my obligations to TechnoConcepts
      under
      this agreement. I further warrant and affirm that I will not disclose to the
      company, or use, or induce the company to use, any confidential information
      or
      trade secrets of others. I have returned all property and confidential
      information belonging to all my prior employers.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    15. Material
      Condition of Employment. I
      acknowledge and agree that the protections set forth in this agreement are
      a
      material condition to my employment with and compensation by the company. Any
      breach by me of any provision of this agreement shall be grounds for the
      termination of my employment by TechnoConcepts. I understand that
      notwithstanding the foregoing, nothing in this agreement is intended to alter
      my
      at-will employment status.

    

    16. Amendment
      and Binding Effect. This
      agreement may not be amended except by a written instrument signed by both
      parties. This agreement shall be binding on my heirs, executors, administrators,
      and other legal representatives and assigns, and is for the benefit of
      TechnoConcepts and its successors and assigns.

    

    17. Interpretation
      and Disputes. The
      laws
      of the State of California shall govern this agreement. This agreement shall
      be
      construed as a whole, according to its fair meaning, and not in favor of or
      against any party. By way of example and not in limitation of the foregoing,
      this agreement shall not be construed in favor of the party receiving a benefit
      or against the party responsible for any particular language in this
      Agreement.
      Captions
      are for reference only and shall not be used to interpret this agreement. Any
      dispute that may arise between the company and me shall be subject to the
      personal and exclusive jurisdiction and venue of the courts of the State of
      California, County of Los Angeles. I hereby consent to such jurisdiction and
      waive any objections thereto. I further agree that process may be served in
      any
      manner allowed by California law. 

    

    18. Cumulative
      Remedies. Each
      and
      all of the several rights and remedies provided for in this agreement shall
      be
      cumulative. No one right or remedy shall be exclusive of the others or of any
      right or remedy allowed in law or in equity. No waiver or indulgence by the
      company of any failure by me to keep or perform any promise or condition of
      this
      agreement shall be a waiver of any preceding or succeeding breach of the same
      or
      of any other promise or condition. No waiver by the company of any right shall
      be construed as a waiver of any other right. TechnoConcepts shall not be
      required to give notice to enforce strict adherence to all terms of this
      agreement.

    

    19. Severability.
      If
      a
      court finds any provision of this agreement to be invalid or unenforceable
      as
      applied to any circumstance, the remainder of this agreement and the application
      of such provision to other persons or circumstances shall be interpreted so
      as
      to best carry out the intent of the parties. The parties further agree to
      replace any such void or unenforceable provisions of this agreement with a
      valid
      and enforceable provision that will achieve, to the extent possible, the
      purposes of the void or unenforceable provision.

    

    20. Attorneys’
      Fees. If
      any
      legal action is necessary to enforce this agreement, the prevailing party shall
      be entitled to recover its costs and attorneys’ fees.

    

    21. Entire
      Understanding. This
      agreement expresses the entire understanding of the parties with respect to
      the
      issues and subject matter addressed in it.

    

    CAUTION:
      THIS AGREEMENT AFFECTS YOUR RIGHTS TO INVENTIONS YOU MAKE DURING YOUR EMPLOYMENT
      AND RESTRICTS YOUR RIGHT TO DISCLOSE OR USE THE COMPANY’S CONFIDENTIAL
      INFORMATION AND INVENTIONS DURING AND SUBSEQUENT TO YOUR
      EMPLOYMENT.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    BY
      SIGNING BELOW, I ACKNOWLEDGE THAT I HAVE READ THIS AGREEMENT CAREFULLY. I AFFIRM
      THAT I UNDERSTAND ITS TERMS AND ITS LEGAL EFFECT. I HAVE ENTERED INTO THIS
      AGREEMENT FREELY AND VOLUNTARILY, BASED ON MY OWN JUDGMENT AND
NOT
      ON ANY REPRESENTATIONS OR PROMISES OTHER THAN THOSE CONTAINED IN THIS AGREEMENT.
      I
      FURTHER ACKNOWLEDGE THAT I HAVE COMPLETELY FILLED OUT SCHEDULE A TO THIS
      AGREMENT, AND THAT I HAVE RECEIVED A COPY OF THE WRITTEN NOTIFICATION TO
      EMPLOYEE CONTAINING CALIFORNIA LABOR CODE SECTION 2870.

    

    
      	 	 	 	 
	/s/ ___________________________________	 	 	Date:
              January
              24, 2007
	Employee	 	 	
            

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Attachment
      A

    Employee
      Statement

    

    

    1. Confidential
      Information. Except as listed below, I acknowledge at this time that I know
      nothing about the business or confidential information or inventions of the
      company or its clients, except information that has been disclosed to me by
      the
      company or its clients (if none, so state):

     

      
        

      

    

     

    
      
        

      

    

     

    2. Prior
      Inventions. Except as set forth below, I acknowledge at this time that I have
      not made or reduced to practice (alone or jointly with others) any inventions
      (if none, so state):

    

    
      
        

      

    

    
       

      
        

      

    

     

    3. Conflicting
      Relationships. Except as set forth below, I acknowledge that I have no other
      current or prior agreements, relationships, or commitments that conflict with
      my
      relationship with TechnoConcepts under my Confidentiality Agreement (if none,
      so
      state):

    

    
      
        

      

       

      
        

      

    

    

    
 

    _________________________________
         
Date:
      ___________________

    Employee

    

    

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    ATTACHMENT
      B

    

    NOTIFICATION
      TO EMPLOYEE

    

    This
      is
      to notify you that the attached agreement does not apply to any invention that
      qualifies fully under the following provisions Section 2870 of the California
      Labor Code. In any suit or action arising under this law, the burden of proof
      is
      on the employee claiming the benefits of its provisions.

    

    California
      Labor Code §2870

    

    (a)
      Any
      provision in an employment agreement which provides that an employee shall
      assign, or offer to assign, any of his or her rights in an invention to his
      or
      her employer shall not apply to an invention that the employee developed
      entirely on his or her own time without using the employer's equipment,
      supplies, facilities, or trade secret information except for those inventions
      that either:

    

    
      	 	
              (1)

            	
              Relate
                at the time of conception or reduction to practice of the invention
                to the
                employer's business, or actual or demonstrably anticipated research
                or
                development of the employer; or

            

    

    

    
      	 	
              (2)

            	
              Result
                from any work performed by the employee for the
                employer.

            

    

    

    (b)
      To
      the extent a provision in an employment agreement purports to require an
      employee to assign an invention otherwise excluded from being required to be
      assigned under subdivision (a), the provision is against the public policy
      of
      this state and is unenforceable.

    

    

    

    I
      acknowledge that I have received, read, and understand the foregoing
      notification.

    

    

    

    _________________________________
        
Date:
      ___________________

    Employee

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}]]