Common use of Confidential Information and Company Property Clause in Contracts

Confidential Information and Company Property. 8.1 You acknowledge that pursuant to the terms of this Letter Agreement, you will acquire information of a confidential nature relating to the business of the Company, including, without limitation, product information, trade secrets, technical information, marketing strategies, sales and pricing policies, costing information concerning products and services provided by the Company, financial information, business plans, list of suppliers, lists of present and prospective customers of the Company and related information (the "Confidential Information") which is the exclusive property of the Company and which, if disclosed, could cause irreparable harm to the Company. Accordingly, you agree and undertake that during the Term and any subsequent Renewal Term, and following the termination of this Letter Agreement for any reason, you shall: (a) treat confidentially all Confidential Information belonging to the Company; and (b) shall not use or disclose the Confidential Information to any third party, except for the purpose of carrying out the Services under this Letter Agreement. 8.2 You further agree and undertake that during the Term and any subsequent Renewal Term and for a period of two (2) years from the date of termination of this Letter Agreement for any reason, you shall not: (a) solicit or entice, or attempt to solicit or entice, either directly or indirectly, any investor, supplier, customer or prospective customer of the Company as at the date of termination of this Letter Agreement, to become an investor, supplier or customer of any business or enterprise that competes with the Company anywhere in the state of California; or (b) solicit or entice, or attempt to solicit or entice, either directly or indirectly, any employee of the Company as at the date of termination of this Letter Agreement, to become an employee of any business or enterprise that competes with the Company anywhere in the state of California. 8.3 Upon the termination of your employment with the Company for any reason, you will deliver to the Company any and all property belonging to the Company or its clients, including, without limitation, any devices, records, data, notes, reports, proposals, client lists, correspondence, materials, equipment or other documents or property, and any copies or reproductions thereof, which may have come into your possession or been generated or developed by you during the course of your employment.

Appears in 1 contract

Samples: Employment Agreement (Worldwide Technologies Inc)

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Confidential Information and Company Property. 8.1 You acknowledge that pursuant to the terms of this Letter Agreement, you will acquire information of a confidential nature relating to the business of the Company, including, without limitation, product information, trade secrets, technical information, marketing strategies, sales and pricing policies, costing information concerning products and services provided by the Company, financial information, business plans, list of suppliers, lists of present and prospective customers of the Company and related information (the "Confidential Information") which is the exclusive property of the Company and which, if disclosed, could cause irreparable harm to the Company. Accordingly, you agree and undertake that during the Term and any subsequent Renewal Term, and following the termination of this Letter Agreement for any reason, you shallwill: (a) treat confidentially all Confidential Information belonging to the Company; and (b) shall will not use or disclose the Confidential Information to any third party, except for the purpose of carrying out the Services under this Letter Agreement. 8.2 You further agree and undertake that during the Term and any subsequent Renewal Term and for a period of two one (21) years year from the date of termination of this Letter Agreement for any reason, you shall will not: (a) solicit or entice, or attempt to solicit or entice, either directly or indirectly, any investor, supplier, customer or prospective customer of the Company as at the date of termination of this Letter Agreement, to become an investor, supplier or customer of any business or enterprise that competes with the Company anywhere in the state province of CaliforniaBritish Columbia; or (b) solicit or entice, or attempt to solicit or entice, either directly or indirectly, any employee of the Company as at the date of termination of this Letter Agreement, to become an employee of any business or enterprise that competes with the Company anywhere in the state province of CaliforniaBritish Columbia. 8.3 Upon the termination of your employment with the Company for any reason, you will deliver to the Company any and all property belonging to the Company or its clients, including, without limitation, any devices, records, data, notes, reports, proposals, client lists, correspondence, materials, equipment or other documents or property, and any copies or reproductions thereof, which may have come into your possession or been generated or developed by you during the course of your employment.

Appears in 1 contract

Samples: Employment Agreement (Merlin Software Technologies International Inc)

Confidential Information and Company Property. 8.1 You acknowledge that pursuant to the terms of this Letter Agreement, you will acquire information of a confidential nature relating to the business of the Company, including, without limitation, product information, trade secrets, technical information, marketing strategies, sales and pricing policies, costing information concerning products and services provided by the Company, financial information, business plans, list of suppliers, lists of present and prospective customers of the Company and related information (the "Confidential Information") which is the exclusive property of the Company and which, if disclosed, could cause irreparable harm to the Company. Accordingly, you agree and undertake that during the Term and any subsequent Renewal Term, and following the termination of this Letter Agreement for any reason, you shall: (a) treat confidentially all Confidential Information belonging to the Company; and (b) shall not use or disclose the Confidential Information to any third party, except for the purpose of carrying out the Services under this Letter Agreement. 8.2 You further agree and undertake that during the Term and any subsequent Renewal Term and for a period of two one (21) years year from the date of termination of this Letter Agreement for any reason, you shall not: (a) solicit or entice, or attempt to solicit or entice, either directly or indirectly, any investor, supplier, customer or prospective customer of the Company as at the date of termination of this Letter Agreement, to become an investor, supplier or customer of any business or enterprise that competes with the Company anywhere in the state province of CaliforniaBritish Columbia; or (b) solicit or entice, or attempt to solicit or entice, either directly or indirectly, any employee of the Company as at the date of termination of this Letter Agreement, to become an employee of any business or enterprise that competes with the Company anywhere in the state province of CaliforniaBritish Columbia. 8.3 Upon the termination of your employment with the Company for any reason, you will deliver to the Company any and all property belonging to the Company or its clients, including, without limitation, any devices, records, data, notes, reports, proposals, client lists, correspondence, materials, equipment or other documents or property, and any copies or reproductions thereof, which may have come into your possession or been generated or developed by you during the course of your employment.

Appears in 1 contract

Samples: Employment Agreement (Sun Power Corp)

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Confidential Information and Company Property. 8.1 You acknowledge that pursuant to the terms of this Letter Agreement, you will acquire information of a confidential nature relating to the business of the CompanyCompany or its parent company or any affiliates, including, without limitation, product information, trade secrets, technical information, marketing strategies, sales and pricing policies, costing information concerning products and services provided by the Company, financial information, business plans, list of suppliers, lists of present and prospective customers of the Company and related information (the "Confidential Information") which is the exclusive property of the Company and which, if disclosed, could cause irreparable harm to the Company. Accordingly, you agree and undertake that during the Term and any subsequent Renewal Term, and following the termination of this Letter Agreement for any reason, you shall: (a) treat confidentially all Confidential Information belonging to the Company, its parent company or any affiliates; and (b) shall not use or disclose the Confidential Information to any third party, except for the purpose of carrying out the Services under this Letter Agreement. 8.2 You further agree and undertake that during the Term and any subsequent Renewal Term and for a period of two one (21) years year from the date of termination of this Letter Agreement for any reason, you shall not: (a) solicit or entice, or attempt to solicit or entice, either directly or indirectly, any investor, supplier, customer or prospective customer of the Company or any of its affiliates as at the date of termination of this Letter Agreement, to become an investor, supplier or customer of any business or enterprise that competes with the Company or any of its affiliates anywhere in the state of Californiaworld; or (b) solicit or entice, or attempt to solicit or entice, either directly or indirectly, any employee of the Company or any of its affiliates as at the date of termination of this Letter Agreement, to become an employee of any business or enterprise that competes with the Company or any of its affiliates anywhere in the state world;' (c) produce or process salmon caviar anywhere on the west coast of CaliforniaNorth America or the east coast of Canada. 8.3 Upon the termination of your employment with the Company for any reason, you will deliver to the Company any and all property belonging to the Company or its clients, including, without limitation, any devices, records, data, notes, reports, proposals, client lists, correspondence, materials, equipment or other documents or property, and any copies or reproductions thereof, which may have come into your possession or been generated or developed by you during the course of your employment.

Appears in 1 contract

Samples: Employment Agreement (Rolltech Inc)

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