Common use of Confidential Information and Discoveries Clause in Contracts

Confidential Information and Discoveries. Executive agrees that all information of a technical or business nature such as know-how, trade secrets, secret business information, plans, data processes, techniques, etc., except such information and skills generally known in the Company's trade and business, information made public by the Company or generally of a public nature, and knowledge of Executive not constituting a trade secret ("Confidential Information"), acquired by Executive in the course of his employment by the Company, is a valuable business property right of the Company. Executive agrees, that such Confidential Information, whether in written, verbal or model form, shall not be disclosed to anyone outside the employment of the Company without the express written authorization of the Company. Confidential Information shall include, without limitation, vendor lists and records, customer lists, business policies, business methods, financial information and any other similar material of any kind relating to the business of the Company. In the event of an actual or threatened breach of this provision, the Company shall be entitled to an injunction restraining Executive from such action, and the Company shall not be prohibited in obtaining such equitable relief or from pursuing any other available remedies for such breach or threatened breach, including recovery of damages from Executive.

Appears in 2 contracts

Samples: Employment Agreement (Diversified Senior Services Inc), Executive Employment Agreement (Diversified Senior Services Inc)

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Confidential Information and Discoveries. Executive agrees that all information of a technical or business nature such as know-how, trade secrets, secret business information, plans, data data, processes, techniques, etc., except such information and skills generally known in the Company's trade and business, information made public by the Company or generally of a public nature, and knowledge of Executive not constituting a trade secret (the "Confidential Information"), acquired by Executive in the course of his employment by the Company, is a valuable business property right of the Company. Executive agrees, agrees that such Confidential Information, whether in written, verbal or model form, shall not be disclosed to anyone outside the employment of the Company without the express written authorization of the Company. The Confidential Information shall include, without limitation, vendor lists and records, customer lists, business policies, business methods, financial information and any other similar material of any kind relating to the business of the Company. In the event of an actual or threatened breach of this provision, the Company shall be entitled to an injunction restraining Executive from such action, and the Company shall not be prohibited in obtaining such equitable relief or from pursuing any other available remedies for such breach or threatened breach, including recovery of damages from Executive.

Appears in 1 contract

Samples: Employment Agreement (Diversified Senior Services Inc)

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Confidential Information and Discoveries. Executive agrees that all information of a technical or business nature such as know-how, trade secrets, secret business information, plans, data processes, techniques, etc., except such information and skills generally known in the Company's trade and business, information made public by the Company or generally of a public nature, and knowledge of Executive not constituting a trade secret ("Confidential Information"), acquired by Executive in the course of his her employment by the Company, is a valuable business property right of the Company. Executive agrees, that such Confidential Information, whether in written, verbal or model form, shall not be disclosed to anyone outside the employment of the Company without the express written authorization of the Company. Confidential Information shall include, without limitation, vendor lists and records, customer lists, business policies, business methods, financial information and any other similar material of any kind relating to the business of the Company. In the event of an actual or threatened breach of this provision, the Company shall be entitled to an injunction restraining Executive from such action, and the Company shall not be prohibited in obtaining such equitable relief or from pursuing any other available remedies for such breach or threatened breach, including recovery of damages from Executive.

Appears in 1 contract

Samples: Executive Employment Agreement (Diversified Senior Services Inc)

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