SEC Contract Filing

Filing Date: 2020-11-02

Document Content:
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<TYPE>EX-10.2
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<FILENAME>d58367dex102.htm
<DESCRIPTION>EX-10.2
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<TITLE>EX-10.2</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.2 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Employee Agreement </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In consideration of and as a condition of my promotion to President, Semiconductor Test by Teradyne, Inc., a
Massachusetts corporation (hereinafter referred to as &#147;the Company&#148;), effective October&nbsp;1, 2020 and in consideration of the mutual covenants contained in this agreement between the Company and me (the &#147;Agreement&#148;), the
receipt and sufficiency of which is hereby acknowledged, I, the undersigned individual, agree as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="27" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><U>Invention Assignment</U>. I assign any and all rights that I have, may have or may acquire, in any and all
Inventions and Work Product (as defined below), including all intellectual property rights, to the Company or its assigns without further compensation. All Inventions and Work Product, including all intellectual property rights, shall immediately
become the sole property of the Company or its assigns. I shall promptly disclose to the Company each Invention and Work Product and shall assist the Company in every proper way to obtain and enforce patents, copyrights or other rights or
registrations relating to any Inventions and Work Product. For the purposes of this Agreement, the term &#147;Invention and Work Product&#148; means any invention, modification, discovery, design, development, improvement, process, method, software
program, work of authorship, work product, documentation, formulae, data, technique, or <FONT STYLE="white-space:nowrap">know-how</FONT> that I (either alone or jointly with others) make, conceive, create, discover, invent or reduce to practice
during my employment that (i)&nbsp;pertains to the business of the Company, (ii)&nbsp;pertains to any of the products or services developed, manufactured or sold by the Company, (iii)&nbsp;results from tasks assigned to me by the Company, or
(iv)&nbsp;results from the use of premises, personal property or intellectual property owned, leased, or contracted for by the Company. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="27" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><U>Confidential Information</U>. I agree that I will not, during or after the period of my employment with the
Company, directly or indirectly, use, make available, sell, disclose or otherwise communicate to any third party, other than in my assigned duties and except as required or permitted by law, any confidential information concerning the Company&#146;s
or its customers&#146; or suppliers&#146; intellectual property, trade secrets, organization, finances or business that I learn during the period of my employment. I will observe all government agency rules and regulations relating to the
safeguarding of classified information which may be disclosed or entrusted to me in connection with any contract between the Company and a government or any contractor with a government. I acknowledge that I shall not be held criminally or civilly
liable under any Federal or State trade secret law for the disclosure of a trade secret that&#151;(A) is made&#151;(i) in confidence to a Federal, State, or local government official, either directly or indirectly, or to an attorney; and
(ii)&nbsp;solely for the purpose of reporting or investigating a suspected violation of law; or (B)&nbsp;is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. Accordingly, I have the
right to disclose in confidence trade secrets to Federal, State, and local government officials, or to an attorney, for the sole purpose of reporting or investigating a suspected violation of law. I also have the right to disclose trade secrets in a
document filed in a lawsuit or other proceeding, but only if the filing is made under seal and protected from public disclosure. Nothing in this Agreement is intended to conflict with 18 U.S.C. &#167; 1833(b) or create liability for disclosures of
trade secrets that are expressly allowed by 18 U.S.C. &#167; 1833(b). Upon request or when my employment with the Company terminates, I will immediately deliver to the Company all copies of any and all materials and writings received from, created
for, or belonging to the Company including, but not limited to, those which relate to or contain confidential information. </P></TD></TR></TABLE> <P STYLE="font-s