Common use of Confidential Information and Records Clause in Contracts

Confidential Information and Records. 5.1. Executive represents that his employment with the Company under the terms of this Agreement will not conflict with any continuing duty(ies) or obligation(s) Executive has with any other person(s), firm(s) and/or entity(ies). Executive also represents that he has not brought to the Company (during the period before or after the Effective Date of this Agreement) any material(s) and/or document(s) of any former employer(s), or any confidential information or property belonging to other(s). 5.2. Executive also represents to the Company that during the term of this Agreement, he will not, directly or indirectly, without the express prior written approval of the Board of Directors of the Company, engage or be interested in any business that is in competition with the business of the Company (whether as a principal, lender, employee, Officer, Director, partner, venturer, consultant or otherwise). 5.3. Executive also represents that during the term of this Agreement, he will promptly disclose to the Board of Directors of the Company, complete information concerning any direct interest (greater than five percent (5%)) he holds, if any, in any business which provides service(s) and/or product(s) to the Company (whether as a principal, stockholder, lender, employee, Director, Officer, partner, venturer, consultant or otherwise). 5.4. Executive also represents that he will not disclose to any person(s) or entity(ies) (other than to the Company's Board of Directors, or to others as required in the performance of his duties) any confidential or secret information with respect to the business or affairs of the Company and/or its product(s). 5.5. Executive agrees that he will not, without the prior written consent of the Company's Board of Directors, for a period of eighteen (18) months after the Termination Date, directly or indirectly disturb, entice or hire away, or in any other manner persuade, any employee(s) or consultant(s) of the Company to discontinue that person's or firm's relationship with the Company if that the employee(s) or consultant(s) were employed by the Company at any time during the twelve (12) month period prior to the Termination Date.

Appears in 2 contracts

Samples: Employment Agreement (Reality Wireless Networks Inc), Employment Agreement (Reality Wireless Networks Inc)

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Confidential Information and Records. 5.1. Executive represents that his employment with the Company under the terms of this Agreement will not conflict with any continuing duty(ies) or obligation(s) Executive has with any other person(s), firm(s) and/or entity(ies). Executive also represents that he has not brought to the Company (during the period before or after the Effective Date of this Agreement) any material(s) and/or document(s) of any former employer(s), or any confidential information or property belonging to other(s). 5.2. Executive also represents to the Company that during the term of this Agreement, he will not, directly or indirectly, without the express prior written approval of the Board of Directors of the Company, engage or be interested in any business that is in competition with the business of the Company (whether as a principal, lender, employee, Officer, Director, partner, venturer, consultant or otherwise). 5.3. Executive also represents that during the term of this Agreement, he will promptly disclose to the Board of Directors of the Company, complete information concerning any direct interest (greater than five percent (5%)) he holds, if any, in any business which provides service(s) and/or product(s) to the Company (whether as a principal, stockholder, lender, employee, Director, Officer, partner, venturer, consultant or otherwise). 5.4. Executive also represents that he will not disclose to any person(s) or entity(ies) (other than to the Company's Board of Directors, or to others as required in the performance of his duties) any confidential or secret information with respect to the business or affairs of the Company and/or its product(s). 5.5. Executive agrees that he will not, without the prior written consent of the Company's Board of Directors, for a period of eighteen (18) months after the Termination Date, directly or indirectly disturb, entice or hire away, or in any other manner persuade, any employee(s) or consultant(s) of the Company to discontinue that person's or firm's relationship with the Company if that the employee(s) or and/or consultant(s) were employed by the Company at any time during the twelve (12) month period prior to the Termination Date.

Appears in 2 contracts

Samples: Employment Agreement (TechAlt, Inc.), Employment Agreement (Dendo Global Corp)

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