Common use of Confidential Information and Property Clause in Contracts

Confidential Information and Property. 6.1 Executive acknowledges that as the Chairman of the Board and in any other position the Executive may hold, a relationship of confidence, trust and fiduciary obligation is created between Executive and the Company, and Executive will acquire information about certain matters and things which are confidential to the Company, and which information is the exclusive property of the Company including: (a) financial statements, financial books and records, reserve reports and estimates and other related information; (b) information concerning products, pricing, sales and marketing policies, techniques and concepts, including costing information, in respect of products and services provided or to be provided by Executive; (c) lists of present and prospective clients and related information, including names and addresses, borrowing habits and preferences of present and prospective clients of the Company; (d) purchasing information, including the names and addresses of present and prospective suppliers of the Company and prices charged by such suppliers; (e) computer systems, computer programs, data, software, system documentation, designs, manuals, databases; (f) trade secrets; and (g) any other materials or information related to the personnel, business operations, financing or activities of the Company which are not generally known to others engaged in similar businesses or activities. (collectively, “Confidential Information”) 6.2 Executive acknowledges and agrees that the Confidential Information could be used to the detriment of the Company. Accordingly, Executive agrees and undertakes not to disclose Confidential Information to any third party either during the term of his engagement except as may be necessary in the proper discharge of his employment, or after the term of his engagement, however caused, except with the written permission of the Company. 6.3 Executive understands and agrees that all items of any and every nature or kind created by Executive pursuant to Executive’s employment under this Agreement or furnished by the Company to Executive, and all equipment, automobiles, credit cards, books, records, reports, files, manuals and any other documents and confidential information shall remain and be considered the exclusive property of the Company at all times, and shall be returned and shall be returned to the Company in good condition promptly on the termination of this Agreement, for any reason.

Confidential Information and Property. 6.1 Executive acknowledges that as the Chairman of the Board and in any other position the Executive may hold, a relationship of confidence, trust and fiduciary obligation is created between Executive and the Company, and Executive will acquire information about certain matters and things which are confidential to the Company, and which information is the exclusive property of the Company including: (a) financial statements, financial books and records, reserve reports and estimates and other related information; (b) information concerning products, pricing, sales and marketing policies, techniques and concepts, including costing information, in respect of products and services provided or to be provided by Executive; (c) lists of present and prospective clients and related information, including names and addresses, borrowing habits and preferences of present and prospective clients of the Company; (d) purchasing information, including the names and addresses of present and prospective suppliers of the Company and prices charged by such suppliers; (e) computer systems, computer programs, data, software, system documentation, designs, manuals, databases; (f) trade secrets; and (g) any other materials or information related to the personnel, business operations, financing or activities of the Company which are not generally known to others engaged in similar businesses or activities. , (collectively, “Confidential Information”) 6.2 Executive acknowledges and agrees that the Confidential Information could be used to the detriment of the Company. Accordingly, Executive agrees and undertakes not to disclose Confidential Information to any third party either during the term of his engagement except as may be necessary in the proper discharge of his employment, or after the term of his engagement, however caused, except with the written permission of the Company. 6.3 Executive understands and agrees that all items of any and every nature or kind created by Executive pursuant to Executive’s employment under this Agreement or furnished by the Company to Executive, and all equipment, automobiles, credit cards, books, records, reports, files, manuals and any other documents and confidential information shall remain and be considered the exclusive property of the Company at all times, and shall be returned and shall be returned to the Company in good condition promptly on the termination of this Agreement, for any reason.

Confidential Information and Property. 6.1 Executive acknowledges that as the Chairman of the Board and in any other position the Executive may hold, a relationship of confidence, trust and fiduciary obligation is created between Executive and the Company, and Executive will acquire information about certain matters and things which are confidential to the Company, and which information is the exclusive property of the Company including: (a) financial statements, financial books and records, reserve reports and estimates and other related information; (b) information concerning products, pricing, sales and marketing policies, techniques and concepts, including costing information, in respect of products and services provided or to be provided by Executive; (c) lists of present and prospective clients and related information, including names and addresses, borrowing habits and preferences of present and prospective clients of the Company; (d) purchasing information, including the names and addresses of present and prospective suppliers of the Company and prices charged by such suppliers; (e) computer systems, computer programs, data, software, system documentation, designs, manuals, databases; (f) trade secrets; and (g) any other materials or information related to the personnel, business operations, financing or activities of the Company which are not generally known to others engaged in similar businesses or activities. , (collectively, “Confidential Information”) 6.2 Executive acknowledges and agrees that the Confidential Information could be used to the detriment of the Company. Accordingly, Executive agrees and undertakes not to disclose Confidential Information to any third party either during the term of his her engagement except as may be necessary in the proper discharge of his her employment, or after the term of his her engagement, however caused, except with the written permission of the Company. 6.3 Executive understands and agrees that all items of any and every nature or kind created by Executive pursuant to Executive’s employment under this Agreement or furnished by the Company to Executive, and all equipment, automobiles, credit cards, books, records, reports, files, manuals and any other documents and confidential information shall remain and be considered the exclusive property of the Company at all times, and shall be returned and shall be returned to the Company in good condition promptly on the termination of this Agreement, for any reason.