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Re: Abig post# 7366

Tuesday, 04/30/2013 9:46:19 PM

Tuesday, April 30, 2013 9:46:19 PM

Post# of 16761
You are mistaken Abig; this type of clause usually applies to employees of the company not the CEO. Because it is evident that Bret licensed the packaging technology to NNLX, he owns it and, thus he is an invaluable asset to the company; apparently his contract with NNLX when he assumed this position did not have "the NNLX owns it clause" because it was not anticipated that Bret would be an inventor as well as the CEO of the company; this makes sense because I do not believe Felder had that in his contract. My opinion only.
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