Common use of COMPANY INFORMATION AND PROPERTY Clause in Contracts

COMPANY INFORMATION AND PROPERTY. Xxxxxxx shall not at any time after his employment terminates disclose, use or aid third parties in obtaining or using any confidential or proprietary Company information nor access or attempt to access any Company computer systems, networks or any resources or data that resides thereon, except as may be required to perform consulting services upon request by the Company and, only then, as authorized by the Company. Confidential or proprietary information is information relating to the Company or any aspect of its business which is not generally available to the public, the Company’s competitors, or other third parties, or ascertainable through common sense or general business or technical knowledge. Nothing in this Agreement shall relieve him from any obligations under any previously executed confidentiality, proprietary information or secrecy agreements. All records, files or other materials maintained by or under the control, custody or possession of the Company or its agents in their capacity as such shall be and remain the Company’s property. By signing this Agreement, Xxxxxxx represents that he: (i) has returned all Company property (including, but not limited to, credit cards; keys; cellular telephone; air card; access cards; thumb drive(s), laptop(s), personal digital devices and all other computer hardware and software; records, files, documents, manuals, and other documents in whatever form they exist, whether electronic, hard copy or otherwise and all copies, notes or summaries thereof) and turned over all Company passwords or access codes which he created, received or otherwise obtained in connection with his employment; (ii) has not deleted any emails, files or other information from any Company computer or device prior to his return of the property and has permanently deleted any Company information that may reside on his personal computer(s), other devices or accounts; (iii) has submitted all personal computers, phones and other devices which he used for Company business, and identified all personal accounts on which Company information has been placed and related passwords, to a third party vendor, as may be designated by the Company, for inspection and removal of any Company-related information; and (iv) will fully cooperate with the Company in winding up his work and transferring that work to those individuals designated.

Appears in 1 contract

Samples: Transition Agreement (Charles & Colvard LTD)

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COMPANY INFORMATION AND PROPERTY. Xxxxxxx Employee shall not not, at any time after his employment terminates terminates: (i) disclose, use use, or aid third parties in obtaining or using any confidential or proprietary Company information nor or (ii) access or attempt to access any Company computer systems, systems or networks or any resources or data that resides reside thereon, except as may be required to perform consulting services upon request by the Company and, only then, as authorized by the Company. Confidential or proprietary Company information is information relating to the Company Company, the Company’s parents, subsidiaries, or affiliates, or any aspect of its their business which that is not generally available to the public, the Company’s their competitors, or other third parties, parties or ascertainable through common sense or general business or technical knowledge. Nothing in this Agreement shall relieve him Employee from any confidentiality, proprietary information, secrecy, non-compete, non-disclosure, non-solicitation, or invention rights and assignment obligations under any previously executed confidentiality, proprietary information or secrecy agreements. All records, files files, or other materials maintained by or under the control, custody custody, or possession of the Company or its agents in their capacity as such shall be and remain the Company’s property. By signing this AgreementBefore the Termination Date, Xxxxxxx represents that heEmployee shall: (i) has returned return all Company property (including, but not limited to, credit cards; keys; cellular telephonecompany cars; cell phones; air cardcards; access cards; thumb drive(s)drives, laptop(s)laptops, personal digital devices hand-held devices, smart phones, and all other computer hardware and software; records, ; files, ; documents, ; company manuals, ; and other documents in whatever form they exist, whether electronic, hard copy copy, or otherwise and otherwise, including all copies, notes notes, or summaries thereof) and turned over all Company passwords or access codes which that he created, received received, or otherwise obtained in connection with his employment; (ii) has not deleted any emails, files or other information from any Company computer or device prior to his return of the property and has permanently deleted delete any Company information that may reside on his personal computer(s)(i.e., other devices not company-owned) computers or accountselectronic devices; and (iii) has submitted all personal computers, phones and other devices which he used for Company business, and identified all personal accounts on which Company information has been placed and related passwords, to a third party vendor, as may be designated by the Company, for inspection and removal of any Company-related information; and (iv) will fully cooperate with the Company in winding up his work and transferring that work to those individuals designateddesignated by the Company.

Appears in 1 contract

Samples: Severance Agreement and General Release (Oxygen Biotherapeutics, Inc.)

COMPANY INFORMATION AND PROPERTY. Xxxxxxx MxXxxxxxxx shall not at any time after his employment terminates disclose, use or aid third parties in obtaining or using any confidential or proprietary Company information nor access or attempt to access any Company computer systems, networks or any resources or data that resides thereon, except as may be required to perform consulting services upon request by under any then existing consulting agreement between himself and the Company and, only then, as authorized by the Company. Confidential or proprietary information is information relating to the Company or any aspect of its business which is not generally available to the public, the Company’s competitors, or other third parties, or ascertainable through common sense or general business or technical knowledge. Nothing in this Agreement shall relieve him from any obligations under any previously executed confidentiality, proprietary information or secrecy agreements. All records, files or other materials maintained by or under the control, custody or possession of the Company or its agents in their capacity as such shall be and remain the Company’s property. By signing this Agreement, Xxxxxxx MxXxxxxxxx represents that that, with the sole exception of the property identified on Exhibit A (if any), he: (i) has returned all Company property (including, but not limited to, credit cards; keys; cellular telephone; air card; access cards; thumb drive(s), laptop(s), personal digital devices and all other computer hardware and software; records, files, documents, manuals, and other documents in whatever form they exist, whether electronic, hard copy or otherwise and all copies, notes or summaries thereof) and turned over all Company passwords or access codes which he created, received or otherwise obtained in connection with his employment; (ii) has not deleted any emails, files or other information from any Company computer or device prior to his return of the property and has permanently deleted any Company information that may reside on his personal computer(s), other devices or accounts; (iii) has submitted all personal computers, phones and other devices which he used for Company business, and identified all personal accounts on which Company information has been placed and related passwords, to a third party vendor, as may be designated by the Company, for inspection and removal of any Company-related information; and (iv) will fully cooperate with the Company in winding up his work and transferring that work to those individuals designated.

Appears in 1 contract

Samples: Separation of Employment Agreement (Charles & Colvard LTD)

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COMPANY INFORMATION AND PROPERTY. Xxxxxxx Employee shall not at any time after his her employment terminates disclose, use or aid third parties in obtaining or using any confidential or proprietary Company information nor access or attempt to access any Company computer systems, networks or any resources or data that resides thereon, except as may be required to perform consulting services upon request by the Company and, only then, as authorized by the Company. Confidential or proprietary information is information relating to the Company or any aspect of its business which is not generally available to the public, the Company’s competitors, or other third parties, or ascertainable through common sense or general business or technical knowledge. Nothing in this Agreement shall relieve him her from any obligations under any previously executed confidentiality, proprietary information or secrecy agreements, including but not limited to the Non-Disclosure, Invention and Non-Competition Agreement between Company and Employee, which Employee acknowledges will remain in full force and effect after the Effective Separation Date (with the sole exception of the covenant not to compete obligations set forth in paragraph 7 of that Agreement which the Company will not enforce) and agrees that she will comply with all such provisions of such Agreement in all respects upon separation of employment. All records, files or other materials maintained by or under the control, custody or possession of the Company or its agents in their capacity as such shall be and remain the Company’s property. By signing this Agreement, Xxxxxxx Employee represents that heshe: (i) has returned all Company property (including, but not limited to, security devices; credit cards; keys; cellular telephone; air card; access cardscell phones; thumb drive(s), laptop(s)drives, personal digital devices and all other computer hardware and software; records, files, documents, company manuals, and other documents in whatever form they exist, whether electronic, hard copy or otherwise and all copies, notes or summaries thereof) and turned over all Company passwords or access codes which he she created, received or otherwise obtained in connection with his her employment; (ii) has not deleted any emailsbring all such records, files or files, and other information from any Company computer or device prior materials up to his return of the property and date before returning them; (iii) has permanently deleted any Company information that may reside on his her personal computer(s), other devices or accounts; (iii) has submitted all personal computers, phones and other devices which he used for Company business, and identified all personal accounts on which Company information has been placed and related passwords, to a third party vendor, as may be designated by the Company, for inspection and removal of any Company-related information; and (iv) will fully cooperate in good faith with the Company in winding up his her work and transferring that work to those individuals designateddesignated by the Company.

Appears in 1 contract

Samples: Severance Agreement (Pozen Inc /Nc)

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