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XI In consideration of the Company entering into this contract with you, you hereby agree and acknowledge that (i) the Company or any of its associate/subsidiaries as the case may be, shall be the sole and exclusive owner of any and all intellectual property developed by you during the subsistence of this agreement either alone or with others pertaining to the operations or business of the Company and (ii) you shall have and shall make no claims in respect thereto. You hereby irrevocably and unconditionally waive any and all moral rights or any rights of similar nature under any law in any jurisdiction in and to any and all material written created or devised by you, whether solely or jointly and pertaining to the operation or business of the Company. You shall not without prior written permission of the Company disclose to anyone outside of the Company and its subsidiaries or use in other than the Company or its subsidiaries business either during or after the termination of the contract any confidential information or material received from its subsidiaries or any information or material received in confidence from a third party by the Company or its subsidiaries or associate companies. On the termination of the contract you will return all property of the Company and its subsidiaries in your possession including all confidential information or materials such as drawings, notebooks, reports or any other documents in any form, electronic or otherwise.
We sincerely welcome you to our team, and wish you every success in your career progress with us. We are confident that we will receive your best efforts in the profitable development of the Company.
Please return the office copy of this letter duly signed by you as a token of your acceptance of the above terms and conditions.
Sincerely yours
_______________________
Daikatsu Sato
Director
TS TECH BANGLADESH LIMITED.
I have carefully read the above letter and the terms and conditions set out therein, which I have fully understood and I hereby accept the same.
Date: Signature: __________________________
Mr. Mitsuo Kaneko
Place: Dhaka, Bangladesh.