Oracle 2010 Annual Report Download - page 145

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employment, but not later than the stock option expiration date. Questions regarding the foregoing, may be addressed to Oracle Employee Stock Services
at (775) 689-3456 or email [email protected].
7. Continuing Obligations. Epstein acknowledges his continuing obligations to Oracle with respect to the Proprietary Information Agreement he signed with
Oracle.
• Epstein acknowledges that by signing the PIA, he promised not to use Proprietary Information for any purpose following his Oracle employment.
• Epstein acknowledges that by signing the PIA, he promised not to recruit Oracle employees for employment with any employer other than Oracle for
six months after the termination of his Oracle employment. Further, Epstein understands that all information regarding Oracle employees, including but
not limited to employees’ skills, abilities and compensation, is Proprietary Information that he may not disclose or use following his Oracle
employment.
• Epstein acknowledges that, if he signed the PIA on or after June 1, 1996, he is expressly prohibited, for a period of six months following
the termination of his employment, where his conduct would constitute a misappropriation of trade secrets, unfair competition, other civil
wrong, and/or if Epstein lives or works in a state or jurisdiction where such conduct can be lawfully prohibited by an employer, from
soliciting, calling on or providing services similar to those which he provided to customers or clients of Oracle during his Oracle
employment, to any of Oracle’s current or prospective customers or clients if he solicited, called on, or provided services for that customer
or client during the twelve months preceding his termination from Oracle.
Epstein agrees to continue abiding by the terms and conditions of the Proprietary Information Agreement.
8. Section 1542 Waiver. Epstein voluntarily waives the provision of Section 1542 of the California Civil Code, and any other statute or common law
doctrine of like effect, which provides:
A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the
release, which if known by him or her must have materially affected his settlement with the debtor.
Epstein warrants that he has read and understands the aforesaid Section 1542 and acknowledges that he is waiving claims both known and unknown, and
that he has had the opportunity to consult with and be advised by counsel regarding its
Source: ORACLE CORP, 10-K, June 28, 2011 Powered by Morningstar® Document Research℠