Common use of Acknowledgment of Nature and Value of Confidential Information Clause in Contracts

Acknowledgment of Nature and Value of Confidential Information. Executive recognizes and acknowledges: (a) that in the course of Executive's employment by the Company it will be necessary for Executive to acquire, in a fiduciary capacity of trust, information which could include, in whole or in part, but is not limited to: information relative to the Company and "Osage" (which for the remainder of this Agreement shall be defined to include subsidiaries and affiliates of Osage) concerning rate schedules; rate quotations; the names, addresses, credit terms and nature of services provided by the vendors utilized by the Company and Osage; the names, addresses, credit terms and nature of services provided to customers of the Company and Osage; the identity of Osage's and the Company's suppliers, sales representatives, shippers or other entities with whom Executive has come into contact as a result of his employment with the Company, or which should otherwise come into his knowledge during the term of this Agreement; the salaries, skills, education or abilities of Osage's or the Company's employees; Osage's and the Company's sales, sales volume, sales methods and sales proposals; the identities of Osage's and the Company's customers and/or prospective customers; the identities of key purchasing personnel in the employ of customers and prospective customers;

Acknowledgment of Nature and Value of Confidential Information. Executive recognizes and acknowledges: (a) that in the course of Executive's employment by the Company it will be necessary for Executive to acquire, in a fiduciary capacity of trust, information which could include, in whole or in part, but is not limited to: information relative to the Company and "Osage" (which for the remainder of this Agreement shall be defined to include subsidiaries and affiliates of Osage) concerning rate schedules; rate quotations; the names, addresses, credit terms and nature of services provided by the vendors utilized by the Company and Osage; the names, addresses, credit terms and nature of services provided to customers of the Company and Osage; the identity of Osage's and the Company's suppliers, sales representatives, shippers or other entities with whom Executive has come into contact as a result of his employment with the Company, or which should otherwise come into his knowledge during the term of this Agreement; the salaries, skills, education or abilities of Osage's or the Company's employees; Osage's and the Company's sales, sales volume, sales methods and sales proposals; the identities of Osage's and the Company's customers and/or prospective customers; the identities of key purchasing personnel in the employ of customers and prospective customers;