The Hennepin Minnesota Employee Matters Agreement is a legally binding document that outlines the rights, responsibilities, and obligations of Motorola, Inc., SG Holding Corp, and Semiconductor Components Industries, LLC (SG) regarding SG employees in Hennepin County, Minnesota. This agreement is specifically tailored to address various aspects related to SG documents, including but not limited to employee contracts, benefits, compensation, and intellectual property. Key terms and provisions encompassed in the Hennepin Minnesota Employee Matters Agreement include: 1. Employee Contracts and Agreements: The agreement specifies the terms and conditions of existing employee contracts, such as duration of employment, roles and responsibilities, and any additional contractual obligations. 2. Employee Benefits and Compensation: It outlines the continuation, adjustment, or termination of employee benefits, including health insurance, retirement plans, and stock options. It also addresses matters related to vacation time, sick leave, disability, and severance packages. 3. Intellectual Property Rights: The agreement establishes the ownership and protection of intellectual property created by SG employees during their employment. It covers patents, trademarks, copyrights, and trade secrets, ensuring proper attribution and protection for all parties involved. 4. Non-Competition and Non-Solicitation: This section prevents SG employees from engaging in competing business activities or attempting to poach other employees or clients while employed and for a specific duration after their employment termination. 5. Confidentiality and Non-Disclosure: The agreement ensures that SG employees maintain confidentiality and refrain from disclosing sensitive or proprietary information, trade secrets, or confidential business strategies to unauthorized individuals or entities. 6. Dispute Resolution: In case of any disagreements or disputes arising from the agreement, it outlines the procedures for resolution, which may involve mediation, arbitration, or litigation, depending on the mutual agreement of all parties involved. 7. Governing Law and Jurisdiction: This section determines the laws of the state of Minnesota that will govern the agreement and designates the exclusive jurisdiction for any legal disputes that may arise. It's important to note that the specific terms and provisions of the Hennepin Minnesota Employee Matters Agreement may vary between different versions, depending on the context, timeframe, or specific requirements of the parties involved. Some possible names or variations of the agreement could include "Hennepin Minnesota Employee Matters Agreement 2021," "Amended Hennepin Minnesota Employee Matters Agreement," or "Hennepin Minnesota Employee Matters Agreement — Restated Version."
Hennepin Minnesota Employee Matters Agreement between Motorola, Inc., SCG Holding Corp and Semiconductor Components Industries, LLC regarding SCG documents
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