Common use of Acknowledgment of Proprietary Interest Clause in Contracts

Acknowledgment of Proprietary Interest. Consultant recognizes the proprietary interest of the Company in any Confidential and Proprietary Information (as hereinafter defined) of the Company. Consultant acknowledges and agrees that any and all Confidential and Proprietary Information communicated to, learned of, developed or otherwise acquired by the Consultant during the course of his engagement by the Company after the date hereof, whether developed by Consultant alone or in conjunction with others or otherwise, shall be and is the property of the Company. Consultant further acknowledges and understands that his disclosure of any Confidential and Proprietary Information will result in irreparable injury and damage to the Company. As used herein, "Confidential and Proprietary Information" means, but is not limited to, information derived from reports, investigations, experiments, research, work in progress, drawings, designs, plans, proposals, codes, marketing and sales programs, client lists, client mailing lists, financial projections, cost summaries, pricing formula, contracts analyses, financial information, projections, maps, confidential filings with any state or federal agency, and all other concepts, ideas, materials or information prepared or performed for, by or on behalf of the Company by its employees, officers, directors, agents, representatives or consultants (including, without limitation, acquisition strategies, acquisition candidates, acquisition contacts and proposed terms of acquisitions).

Appears in 3 contracts

Samples: Consulting Agreement (Internet America Inc), Consulting Agreement (Mobility Electronics Inc), Consulting Agreement (Mobility Electronics Inc)

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Acknowledgment of Proprietary Interest. Consultant recognizes the proprietary interest of the Company in any Confidential and Proprietary Information (as hereinafter defined) of the Company. Consultant acknowledges and agrees that any and all Confidential and Proprietary Information communicated to, learned of, developed or otherwise acquired by the Consultant during the course of his engagement by the Company after the date hereofTerm and related to and in connection with Consultant performing its duties hereunder, whether developed by Consultant alone or in conjunction with others or otherwise, shall be and is the property of the Company. Consultant further acknowledges and understands that his disclosure of any Confidential and Proprietary Information will result in irreparable injury and damage to the Company. As used herein, "Confidential and Proprietary Information" means, but is not limited to, information derived from reports, investigations, experiments, research, work in progress, drawings, designs, plans, proposals, codes, marketing and sales programs, client lists, client mailing lists, financial projections, cost summaries, pricing formula, contracts analyses, financial information, projections, maps, confidential filings with any state or federal agency, and all other concepts, ideas, materials or information prepared or performed for, by or on behalf of the Company by its employees, officers, directors, agents, representatives or consultants (including, consultants. "Confidential and Proprietary Information" shall not include any information which is or becomes part of the public domain through no fault of Consultant or that the Company regularly provides to third parties without limitation, acquisition strategies, acquisition candidates, acquisition contacts and proposed terms of acquisitions)restriction on use or disclosure.

Appears in 1 contract

Samples: Consulting Agreement (Mobility Electronics Inc)

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