Common use of Acknowledgement of Secrecy Clause in Contracts

Acknowledgement of Secrecy. Executive acknowledges that the Confidential Information is not generally known to the public or to other persons who can obtain economic value from its disclosure or use and that the Confidential Information derives independent economic value thereby, and Executive agrees that he shall take all efforts reasonably necessary to maintain the secrecy and confidentiality of the Confidential Information and to otherwise comply with the terms of this Agreement.

Appears in 10 contracts

Samples: Employment Agreement (Petrosonic Energy, Inc.), Employment Agreement (Petrosonic Energy, Inc.), Employment Agreement (Clearsign Combustion Corp)

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Acknowledgement of Secrecy. Executive acknowledges that the -------------------------- Confidential Information is not generally known to the public or to other persons who can obtain economic value from its disclosure or use and that the Confidential Information derives independent economic value thereby, and Executive agrees that he shall take all efforts reasonably necessary to maintain the secrecy and confidentiality of the Confidential Information and to otherwise comply with the terms of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Staar Surgical Company)

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