Common use of Confidential Information; Inventions Clause in Contracts

Confidential Information; Inventions. CONFIDENTIAL INFORMATION 6.1 Executive shall not, in any manner, for any reasons, either directly or indirectly, divulge or communicate to any person, firm or corporation, any confidential information concerning any matters not generally known in the Public Sector Safety, Cargo and Transportation, product authentication and unattended cargo, Homeland Security and Shipping and Distribution industries (together, the "Security Industry") or otherwise made public by Employer or CGM Sub which affects or relates to Employer or CGM Sub's business, finances, marketing and/or operations, research, development, inventions, products, designs, plans, procedures, or other data (collectively, "Confidential Information") except in the ordinary course of business or as required by applicable law. Without regard to whether any item of Confidential Information is deemed or considered confidential, material, or important, the parties hereto stipulate that as between them, to the extent such item is not generally known in the Security Industry, such item is important, material, and confidential and affects the successful conduct of Employer's business and goodwill, and that any breach of the terms of this Section 6.1 shall be a material and incurable breach of this Agreement. Confidential Information shall not include: (i) information obtained or which became known to Executive other than through his employment by Employer and CGM Sub; (ii) information in the public domain at the time of the disclosure of such information by Executive; (iii) information that Executive can document was independently developed by Executive; and (iv) information that is disclosed by Executive with the prior written consent of Employer or CGM Sub.

Appears in 1 contract

Samples: Employment Agreement (Digital Descriptor Systems Inc)

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Confidential Information; Inventions. CONFIDENTIAL INFORMATIONConfidential Information 6.1 Executive shall not, in any manner, for any reasons, either directly or indirectly, divulge or communicate to any person, firm or corporation, any confidential information concerning any matters not generally known in the Public Sector Safety, Cargo and Transportation, product authentication and unattended cargo, Homeland Security and Shipping and Distribution industries (together, the "Security Industry") or otherwise made public by Employer or CGM Sub which affects or relates to Employer or CGM Sub's business, finances, marketing and/or operations, research, development, inventions, products, designs, plans, procedures, or other data (collectively, "Confidential Information") except in the ordinary course of business or as required by applicable law. Without regard to whether any item of Confidential Information is deemed or considered confidential, material, or important, the parties hereto stipulate that as between them, to the extent such item is not generally known in the Security Industry, such item is important, material, and confidential and affects the successful conduct of Employer's business and goodwill, and that any breach of the terms of this Section 6.1 shall be a material and incurable breach of this Agreement. Confidential Information shall not include: (i) information obtained or which became known to Executive other than through his employment by Employer and CGM SubEmployer; (ii) information in the public domain at the time of the disclosure of such information by Executive; (iii) information that Executive can document was independently developed by Executive; and (iv) information that is disclosed by Executive with the prior written consent of Employer or CGM SubEmployer.

Appears in 1 contract

Samples: Employment Agreement (Digital Descriptor Systems Inc)

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Confidential Information; Inventions. CONFIDENTIAL INFORMATIONConfidential Information 6.1 Executive shall not, in any manner, for any reasons, either directly or indirectly, divulge or communicate to any person, firm or corporation, any confidential information concerning any matters not generally known in the Public Sector Safety, Cargo and Transportation, product authentication and unattended cargo, Homeland Security and Shipping and Distribution industries (together, the "Security Industry") or otherwise made public by Employer or CGM Sub which affects or relates to Employer or CGM Sub's business, finances, marketing and/or operations, research, development, inventions, products, designs, plans, procedures, or other data (collectively, "Confidential Information") except in the ordinary course of business or as required by applicable law. Without regard to whether any item of Confidential Information is deemed or considered confidential, material, or important, the parties hereto stipulate that as between them, to the extent such item is not generally known in the Security Industry, such item is important, material, and confidential and affects the successful conduct of Employer's business and goodwill, and that any breach of the terms of this Section 6.1 shall be a material and incurable breach of this Agreement. Confidential Information shall not include: (i) information obtained or which became known to Executive other than through his employment by Employer and CGM SubEmployer; (ii) information in the public domain at the time of the disclosure of such information by Executive; (iii) information that Executive can document was independently developed by Executive; and (iv) information that is disclosed by Executive with the prior written consent of Employer or CGM SubEmployer.

Appears in 1 contract

Samples: Employment Agreement (Digital Descriptor Systems Inc)

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