Common use of Confidential Information and Property Clause in Contracts

Confidential Information and Property. Xxxxxxxxx will be entitled to retain the Company-issued laptop computer, cellular telephone and iPad which he is currently using. Xxxxxxxxx agrees that he has returned, or within three (3) days after the Effective Date will return, to the Company any and all originals and/or copies of documents relating to the business of the Company or any of the other DRI Released Parties, although in conjunction with his part-time employment under the provisions of Section 4 above he may be provided with or have access to Company “confidential information,” which he will return to the Company upon request. Xxxxxxxxx further agrees that he will not directly or indirectly disclose to anyone, or use for his own benefit or the benefit of anyone other than the Company, any “confidential information” that he has received through his employment with the Company. “Confidential information” shall be information that has been disclosed or made available to, or created by, Xxxxxxxxx, and which was at the time of disclosure, availability or creation confidential or proprietary to the Company, and involves the Company’s current and future business plans and strategies, methods of operations or operational techniques, management and employee information, information regarding the Company’s practices and processes, or other non-public information. Xxxxxxxxx further agrees that in the event it appears that he will be compelled by law or judicial process to disclose any such confidential information to avoid potential liability, he will notify the Company in writing immediately upon his receipt of a subpoena or other legal process.

Appears in 1 contract

Samples: Officer Resignation Agreement (Denbury Resources Inc)

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Confidential Information and Property. Xxxxxxxxx Xxxxx will be entitled to retain the Company-issued laptop computer, cellular telephone and iPad which he is currently using. Xxxxxxxxx Xxxxx agrees that he has returned, or within three (3) days after the Effective Date will return, to the Company any and all originals and/or copies of documents relating to the business of the Company or any of the other DRI Released Parties, although in conjunction with his part-time employment under the provisions of Section 4 above he may be provided with or have access to Company “confidential information,” which he will return to the Company upon request. Xxxxxxxxx Xxxxx further agrees that he will not directly or indirectly disclose to anyone, or use for his own benefit or the benefit of anyone other than the Company, any “confidential information” that he has received through his employment with the Company. “Confidential information” shall be information that has been disclosed or made available to, or created by, XxxxxxxxxXxxxx, and which was at the time of disclosure, availability disclosure or creation confidential or proprietary to the Company, and involves the Company’s 's current and future business plans and strategies, methods of operations or operational techniques, management and employee information, information regarding the Company’s practices and processes, or other non-public information. Xxxxxxxxx Xxxxx further agrees that in the event it appears that he will be compelled by law or judicial process to disclose any such confidential information to avoid potential liability, he will notify the Company in writing immediately upon his receipt of a subpoena or other legal process.

Appears in 1 contract

Samples: Officer Resignation Agreement (Denbury Resources Inc)

Confidential Information and Property. Xxxxxxxxx will be entitled to retain Other than the Company-issued laptop computer, cellular telephone iPad and iPad cell-phone which he Xxxxxx is currently using. Xxxxxxxxx using and entitled to retain (subject to the Company’s policies and procedures), Xxxxxx covenants and agrees that he has returned, or within three (3) days after the Effective Date will return, to the Company any and all Company property, equipment and other tangible items, including, without limitation, keys, building access cards and corporate credit cards, and any and all originals and/or copies of documents relating to the business of the Company or any of the other DRI Released Parties, although in conjunction with his part-time employment under the provisions of Section 4 above he may be provided with or have access to Company “confidential information,” which he will return to the Company upon request. Xxxxxxxxx Xxxxxx further covenants and agrees that he will not directly or indirectly disclose to anyone, or use for his own benefit or the benefit of anyone other than the Company, any confidential information” information that he has received through his employment with the Company. “Confidential information” shall be include any information that has been disclosed or made available to, or created by, XxxxxxxxxXxxxxx, and which was at the time of disclosure, availability or creation confidential or proprietary to the Company, and involves or relates to the Company’s current and future business plans and strategies, methods of operations or operational techniques, financial, management and and/or employee information, information regarding the Company’s practices and processes, or any other non-public information. Xxxxxxxxx Xxxxxx further agrees that in the event it appears that he will be compelled by law or judicial process to disclose any such confidential information to avoid potential liability, he will notify the Company in writing immediately upon his receipt of a subpoena or other legal process.

Appears in 1 contract

Samples: Officer Resignation Agreement (Denbury Resources Inc)

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Confidential Information and Property. Xxxxxxxxx will be entitled to retain Other than the Company-issued laptop computer, cellular telephone iPad and iPad cell-phone which he XxXxxxxxx is currently using. Xxxxxxxxx using and entitled to retain (subject to the Company’s policies and procedures), XxXxxxxxx covenants and agrees that he has returned, or within three (3) days after the Effective Date will return, to the Company any and all Company property, equipment and other tangible items, including, without limitation, keys, building access cards and corporate credit cards, and any and all originals and/or copies of documents relating to the business of the Company or any of the other DRI Released Parties, although in conjunction with his part-time employment under the provisions of Section 4 above he may be provided with or have access to Company “confidential information,” which he will return to the Company upon request. Xxxxxxxxx XxXxxxxxx further covenants and agrees that he will not directly or indirectly disclose to anyone, or use for his own benefit or the benefit of anyone other than the Company, any confidential information” information that he has received through his employment with the Company. “Confidential information” shall be include any information that has been disclosed or made available to, or created by, XxxxxxxxxXxXxxxxxx, and which was at the time of disclosure, availability or creation confidential or proprietary to the Company, and involves or relates to the Company’s current and future business plans and strategies, methods of operations or operational techniques, financial, management and and/or employee information, information regarding the Company’s practices and processes, or any other non-public information. Xxxxxxxxx XxXxxxxxx further agrees that in the event it appears that he will be compelled by law or judicial process to disclose any such confidential information to avoid potential liability, he will notify the Company in writing immediately upon his receipt of a subpoena or other legal process.

Appears in 1 contract

Samples: Officer Resignation Agreement (Denbury Resources Inc)

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