Common use of Confidential Information; Inventions Clause in Contracts

Confidential Information; Inventions. (a) The Executive shall not disclose or use at any time, either during the Period of Employment or thereafter, any Confidential Information (as defined below) of which the Executive is or becomes aware, whether or not such information is developed by the Executive, except to the extent that such disclosure or use is directly related to and required by the Executive’s performance in good faith of the Executive’s duties for the Company. The Executive shall take all appropriate steps to safeguard Confidential Information in the Executive’s possession and to protect the Company against disclosure, misuse, espionage, loss and theft. The Executive shall deliver to the Company at the termination of the Period of Employment, or at any time the Company may request, all memoranda, notes, plans, records, reports, computer tapes and software and other documents and data (and copies thereof) relating to the Confidential Information or the Work Product (as hereinafter defined) of the business of the Company or any of its Affiliates which the Executive may then possess or have under the Executive’s control. Notwithstanding the foregoing, the Executive may truthfully respond to a lawful and valid subpoena or other legal process, but shall give the Company the earliest possible written notice thereof, shall, as much in advance of the return date as possible, make available to the Company and its counsel the documents and other information sought, and shall assist the Company and such counsel in resisting or otherwise responding to such process.

Appears in 3 contracts

Samples: Employment Agreement (Durata Therapeutics, Inc.), Employment Agreement (Durata Therapeutics, Inc.), Employment Agreement (Durata Therapeutics, Inc.)

AutoNDA by SimpleDocs

Confidential Information; Inventions. (a) The Executive Employee shall not disclose or use at any time, either during the Period of Employment or thereafter, any Confidential Information (as defined below) of which the Executive Employee is or becomes aware, whether or not such information is developed by the Executiveher, except to the extent that such disclosure or use is directly related to and required by the ExecutiveEmployee’s performance in good faith of the Executive’s duties for the Company. The Executive shall Employee will take all reasonably appropriate steps to safeguard Confidential Information in the Executive’s her possession and to protect the Company it against disclosure, misuse, espionage, loss loss, and theft. The Executive Employee shall deliver to the Company at the termination of the Period of Employment, or at any time the Company may request, all memoranda, notes, plans, records, reports, computer tapes and software and other documents and data (and copies thereof) relating to the Confidential Information or the Work Product (as hereinafter defined) of the business of the Company or any of its Affiliates which the Executive Employee may then possess or have under the Executive’s her control. Notwithstanding the foregoing, the Executive Employee may truthfully respond to a lawful and valid subpoena or other legal process, but shall give the Company the earliest possible written notice thereof, shall, as much in advance of the return date as possible, shall make available to the Company and its counsel the documents and other information soughtsought with as much in advance of the return date as possible, and shall assist the Company and such counsel in resisting or otherwise responding to such process.

Appears in 1 contract

Samples: Employment Agreement (Delcath Systems Inc)

Confidential Information; Inventions. (a) The Executive shall not disclose or use at any time, either during the Period of Employment or thereafter, any Confidential Information (as defined below) of which the Executive is or becomes aware, whether or not such information is developed by the Executive, except to the extent that such disclosure or use is directly related to and required by the Executive’s performance in good faith of the Executive’s duties for the Company. The Executive shall take all appropriate steps to safeguard Confidential Information in the Executive’s possession and to protect the Company against disclosure, misuse, espionage, loss and theft. The Executive shall deliver to the Company at the termination of the Period of Employment, or at any time the Company may request, all memoranda, notes, plans, records, reports, computer tapes and software and other documents and data (and copies thereof) relating to the Confidential Information or the Work Product (as hereinafter defined) of the business of the Company or any of its Affiliates which the Executive may then possess or have under the Executive’s control. Notwithstanding the foregoing, the Executive may truthfully respond to a lawful and valid subpoena or other legal process, but shall give the Company the earliest possible written notice thereof, shall, as much in advance of the return date as possible, make available to the Company and its counsel the documents and other information sought, and shall assist the Company and such counsel in resisting or otherwise responding to such process.

Appears in 1 contract

Samples: Employment Agreement (Durata Therapeutics, Inc.)

AutoNDA by SimpleDocs

Confidential Information; Inventions. (a) The Executive Employee shall not disclose or use at any time, either during the Period of Employment or thereafter, any Confidential Information (as defined below) of which the Executive Employee is or becomes aware, whether or not such information is developed by the Executivehim, except to the extent that such disclosure or use is directly related to and required by the ExecutiveEmployee’s performance in good faith of the Executive’s duties for the Company. The Executive shall Employee will take all reasonably appropriate steps to safeguard Confidential Information in the Executive’s his possession and to protect the Company it against disclosure, misuse, espionage, loss loss, and theft. The Executive Employee shall deliver to the Company at the termination of the Period of Employment, or at any time the Company may request, all memoranda, notes, plans, records, reports, computer tapes and software and other documents and data (and copies thereof) relating to the Confidential Information or the Work Product (as hereinafter defined) of the business of the Company or any of its Affiliates which the Executive Employee may then possess or have under the Executive’s his control. Notwithstanding the foregoing, the Executive Employee may truthfully respond to a lawful and valid subpoena or other legal process, but shall give the Company the earliest possible written notice thereof, shall, as much in advance of the return date as possible, shall make available to the Company and its counsel the documents and other information soughtsought with as much in advance of the return date as possible, and shall assist the Company and such counsel in resisting or otherwise responding to such process.

Appears in 1 contract

Samples: Employment Agreement (Delcath Systems Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!