Confidential Information and Company Property. 1.1. Employee acknowledges that Employer and its parents, subsidiaries, divisions and affiliates, as well as majority-owned companies of such parents, subsidiaries, divisions and affiliates, and their respective successors (hereinafter collectively, the "Company") possess certain Confidential Information that has been and may be revealed to or learned by Employee during his/her employment with the Company. Employee acknowledges that the term "Confidential Information" includes all information that has or could have commercial value or other utility in the Company's Business, or the unauthorized disclosure of which could be detrimental to the Company's interests, whether or not such information is specifically identified as Confidential Information by the Company.
Appears in 4 contracts
Samples: Employment Agreement (Med-Design Corp), Employment Agreement (Med-Design Corp), Employment Agreement (Med-Design Corp)