Common use of Confidential and Proprietary Information / Return of Company Property Clause in Contracts

Confidential and Proprietary Information / Return of Company Property. Employee acknowledges that as a result of Employee’s employment with the Company, Employee has had access to the Company’s confidential and proprietary business information, including, but not limited to, product information, pricing strategies, vendor and supplier information, business plans, research and development activities, manufacturing and marketing techniques, technological and engineering data, processes and inventions, legal matters affecting the Company and its business, customer and prospective customers information, trade secrets, bid prices, contractual terms and arrangements, prospective business transactions, and financial and business forecasts (“Confidential Information”). Employee also acknowledges and reaffirms Employee’s compliance and ongoing obligation to comply with that certain Confidential Information and Invention Assignment Agreement previously entered into by and between Employee and the Company as of December 15, 2016 . Confidential Information also includes information, knowledge or data of any third party doing business with the Company that the third party has identified as being confidential. Employee agrees not to use or to disclose to anyone any Confidential Information at any time in the future without the prior written authorization of the Company, unless ordered to do so by law, subpoena, other legal process or a court of competent jurisdiction. In any such event, Employee agrees to promptly notify the Company and to afford the Company the opportunity to take appropriate legal action prior to Employee’s disclosure of any Confidential Information. Employee understands and acknowledges that whether or not Employee signs this Agreement, Employee has both a contractual and common law obligation to protect the confidentiality of the Company’s trade secret information after the termination of Employee’s employment for so long as the information remains confidential. Except as otherwise provided herein, Employee further agrees to immediately return all Company property in Employee’s possession, including but not limited to all materials, documents, photographs, handbooks, manuals, electronic records, files, laptop computer, cellular telephones, keys and access cards, no later than two days after the Separation Date and Employee certifies that Employee has not and will not retain any Company property, trade secret or other operating or strategic information following the Separation Date.

Appears in 1 contract

Samples: Separation Agreement and Release of Claims (U.S. Auto Parts Network, Inc.)

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Confidential and Proprietary Information / Return of Company Property. Employee acknowledges that as a result of Employee’s employment with the Company, Employee has had access to the Company’s confidential and proprietary business information, including, but not limited to, product information, pricing strategies, vendor and supplier information, business plans, research and development activities, manufacturing and marketing techniques, technological and engineering data, processes and inventions, legal matters affecting the Company and its business, customer and prospective customers customers’ information, trade secrets, bid prices, contractual terms and arrangements, prospective business transactions, and financial and business forecasts (“Confidential Information”). Employee also acknowledges and reaffirms Employee’s compliance and ongoing obligation to comply with all Proprietary Inventions/Works for Hire Provisions or similar agreements as well as any Confidentiality and Non-Disclosure Separation Agreement and Release of All Claims Page 7 Agreements or Codes of Ethics that certain Confidential Information and Invention Assignment Agreement previously entered into by and between Employee and the Company as of December 15, 2016 may have executed. Confidential Information also includes information, knowledge or data of any third party doing business with the Company that the third party has identified as being confidential. Employee agrees not to use or to disclose to anyone any Confidential Information at any time in the future without the prior written authorization of the Company, unless ordered to do so by law, subpoena, other legal process or a court of competent jurisdiction. In jurisdiction or any such event, Employee agrees to promptly notify the Company and to afford the Company the opportunity to take appropriate legal action prior to Employee’s disclosure of any Confidential Informationfederal or state government agency or self-regulatory organization. Employee understands and acknowledges that whether or not Employee signs this Agreement, Employee has both a contractual and common law obligation to protect the confidentiality of the Company’s trade secret information after the termination of Employee’s employment for so long as the information remains confidential. Except as otherwise provided herein, Employee further agrees to immediately return all Company property in Employee’s possession, including but not limited to all materials, documents, photographs, handbooks, manuals, electronic records, files, laptop computer, ipads, cellular telephones, keys and access cards, no later than two days after the Separation Date and Employee certifies that Employee has not and will not retain any Company property, trade secret or other operating or strategic information following the Separation Dateinformation.

Appears in 1 contract

Samples: Separation Agreement and Release of All Claims (U.S. Auto Parts Network, Inc.)

Confidential and Proprietary Information / Return of Company Property. Employee acknowledges that as a result of Employee’s his employment with the Company, Employee he has had access to the Company’s confidential and proprietary business information, including, but not limited to, product information, pricing strategies, vendor and supplier information, business plans, research and development activities, manufacturing and marketing techniques, technological and engineering data, processes and inventions, legal matters affecting the Company and its business, customer and prospective customers information, trade secrets, bid prices, contractual terms and arrangements, prospective business transactions, and financial and business forecasts (“Confidential Information”). Employee also acknowledges and reaffirms Employee’s compliance and ongoing obligation to comply with that certain Confidential Information and Invention Assignment Agreement previously entered into by and between Employee and the Company as of December 15, 2016 . Confidential Information also includes information, knowledge or data of any third party doing business with the Company that the third party has identified as being confidential. Employee also acknowledges and reaffirms his compliance and ongoing obligation to comply with that Confidential Information and Invention Assignment Agreement that he executed on 2/24/06 and that Confidentiality and Non-Disclosure Agreement that he executed on 2/14/06. Employee agrees not to use or to disclose to anyone any Confidential Information at any time in the future without the prior written authorization of the Company, unless ordered to do so by law, subpoena, other legal process or a court of competent jurisdiction. In the event of any such eventcourt order, Employee agrees to promptly notify the Company and to afford the Company the opportunity to take appropriate legal action prior to Employee’s your disclosure of any Confidential Information. Employee understands and acknowledges that whether or not Employee he signs this Agreement, Employee he has both a contractual and common law obligation to protect the confidentiality of the Company’s trade secret information after the termination of Employee’s his employment for so long as the information remains confidential. Except as otherwise provided hereinThe parties agree that Employee may retain his laptop computer, blackberry and cellular telephones, but that all Company information, including documents and emails, must be returned to the Company and deleted from the retained equipment. Notwithstanding the prior sentence, Employee further agrees to immediately return all any other Company property in Employee’s his possession, including but not limited to documents, all materials, documents, photographs, handbooks, manuals, electronic records, files, laptop computer, cellular telephonesany backup device, keys and access cards, no later than two days after the Separation Date and Employee certifies end of the period that Employee has not and will not retain any Company property, trade secret or other operating or strategic information following provides Consulting Services provided for in the Separation DateConsulting Agreement.

Appears in 1 contract

Samples: Separation Agreement and Release (U.S. Auto Parts Network, Inc.)

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Confidential and Proprietary Information / Return of Company Property. Employee acknowledges that as a result of Employee’s employment with the Company, Employee has had access to the Company’s confidential and proprietary business information, including, but not limited to, product information, pricing strategies, vendor and supplier information, business plans, research and development activities, manufacturing and marketing techniques, technological and engineering data, processes and inventions, legal matters affecting the Company and its business, customer and prospective customers information, trade secrets, bid prices, contractual terms and arrangements, prospective business transactions, and financial and business forecasts (“Confidential Information”). Employee also acknowledges and reaffirms Employee’s compliance and ongoing obligation to comply with that certain Confidential Information and Invention Assignment Agreement previously Agreement, dated August 17, 2009, entered into by with the Company, and between Employee that certain Confidentiality and Non-Disclosure Agreement, dated August 17, 2009, entered into with the Company as of December 15, 2016 Company. Confidential Information also includes information, knowledge or data of any third party doing business with the Company that the third party has identified as being confidential. Employee agrees not to use or to disclose to anyone any Confidential Information at any time in the future without the prior written authorization of the Company, unless ordered to do so by law, subpoena, other legal process or a court of competent jurisdiction. In the event of any such eventcourt order, Employee agrees to promptly notify the Company and to afford the Company the opportunity to take appropriate legal action prior to Employee’s disclosure of any Confidential Information. Employee understands and acknowledges that whether or not Employee signs this Agreement, Employee has both a contractual and common law obligation to protect the confidentiality of the Company’s trade secret information after the termination of Employee’s employment for so long as the information remains confidential. Except as otherwise provided herein, Employee further agrees to immediately return all Company property in Employee’s possession, including but not limited to all materials, documents, photographs, handbooks, manuals, electronic records, files, laptop computer, cellular telephones, keys and access cards, no later than two days after the Separation Resignation Date and Employee certifies that Employee has not and will not retain any Company property, trade secret or other operating or strategic information following information, provided however, Employee make retain his Company provided computer and phone during the Separation DateTransition Period.

Appears in 1 contract

Samples: Transition Consulting Services Agreement (U.S. Auto Parts Network, Inc.)

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