Common use of Confidential Information; No Disparaging State Clause in Contracts

Confidential Information; No Disparaging State. ments. The Participant acknowledges that during the course of the Participant's employment with the Company or any Subsidiary, he/she will have access to and gain knowledge of highly confidential and proprietary information and trade secrets. The Participant further acknowledges that the misuse, misappropriation or disclosure of this information could cause irreparable harm to the Company and/or a Subsidiary, both during and after the term of the Participant's employment. Therefore, the Participant agrees, during his/her employment and at all times thereafter, he/she will hold in a fiduciary capacity for the benefit of the Company and/or a Subsidiary and will not divulge or disclose, directly or indirectly, to any other person, firm or business, all confidential or proprietary information, knowledge and data (including, but not limited to, processes, programs, trade "know how," ideas, details of contracts, marketing plans, strategies, business development techniques, business acquisition plans, personnel plans, pricing practices and business methods and practices) relating in any way to the business of the Company or any of its Subsidiaries, customers, suppliers, joint ventures, licensors, licensees, distributors and other persons and entities with whom the Company or any of its Subsidiaries do business ("Confidential Data"), except upon the Company's written consent or as required by his/her duties with the Company or any of its Subsidiaries, for so long as such Confidential Data remains confidential and all such Confidential Data, together with all copies thereof and notes and other references thereto, shall remain the sole property of the Company or a Subsidiary. The Participant agrees, during his/her employment with the Company or any of its Subsidiaries and at all times thereafter, not to make disparaging statements about the Company or any of its Subsidiaries or their officers, directors, agents, employees, products or services which he/she knows, or has reason to know, are false or misleading.

Appears in 2 contracts

Samples: Qualified Stock Option Agreement (Fleming Companies Inc /Ok/), Qualified Stock Option Agreement (Fleming Companies Inc /Ok/)

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Confidential Information; No Disparaging State. ments. The Participant acknowledges that during the course of the Participant's employment with the Company Company, a Subsidiary or any SubsidiaryAffiliated Entity, he/she will have access to and gain knowledge of highly confidential and proprietary information and trade secrets. The Participant further acknowledges that the misuse, misappropriation or disclosure of this information could cause irreparable harm to the Company Company, a Subsidiary and/or a SubsidiaryAffiliated Entity, both during and after the term of the Participant's employment. Therefore, the Participant agrees, during his/her employment and at all times thereafter, he/she will hold in a fiduciary capacity for the benefit of the Company and/or Company, a Subsidiary and/or Affiliated Entity and will not divulge or disclose, directly or indirectly, to any other person, firm or business, all confidential or proprietary information, knowledge and data (including, but not limited to, processes, programs, trade "know how," ideas, details of contracts, marketing plans, strategies, business development techniques, business acquisition plans, personnel plans, pricing practices and business methods and practices) relating in any way to the business of the Company Company, a Subsidiary or any of its SubsidiariesAffiliated Entity, customers, suppliers, joint ventures, licensors, licensees, distributors and other persons and entities with whom the Company or any of Company, its Subsidiaries or Affiliated Entities do business ("Confidential Data"), except upon the Company's written consent or as required by his/her duties with the Company Company, its Subsidiaries or any of its SubsidiariesAffiliated Entities, for so long as such Confidential Data remains confidential and all such Confidential Data, together with all copies thereof and notes and other references thereto, shall remain the sole property of the Company Company, a Subsidiary or a Subsidiaryan Affiliated Entity. The Participant agrees, during his/her employment with the Company or any of Company, its Subsidiaries or Affiliated Entities and at all times thereafter, not to make disparaging statements about the Company or any of Company, its Subsidiaries or Affiliated Entities or their officers, directors, agents, employees, products or services which he/she knows, or has reason to know, are false or misleading.

Appears in 1 contract

Samples: Option Agreement (Fleming Companies Inc /Ok/)

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Confidential Information; No Disparaging State. ments. The Participant acknowledges that during the course of the Participant's employment with the Company or any Subsidiary, he/she will have access to and gain knowledge of highly confidential and proprietary information and trade secrets. The Participant further acknowledges that the misuse, misappropriation or disclosure of this information could cause irreparable harm to the Company and/or a Subsidiary, both during and after the term of the Participant's employment. Therefore, the Participant agrees, during his/her employment and at all times thereafter, he/she will hold in a fiduciary capacity for the benefit of the Company and/or a Subsidiary and will not divulge or disclose, directly or indirectly, to any other person, firm or business, all confidential or proprietary information, knowledge and data (including, but not limited to, processes, programs, trade "know how," ideas, details of contracts, marketing plans, strategies, business development techniques, business acquisition plans, personnel plans, pricing practices and business methods and practices) relating in any way to the business of the Company or any of its SubsidiariesSubsidiary, customers, suppliers, joint ventures, licensors, licensees, distributors and other persons and entities with whom the Company or any of its Subsidiaries do business ("Confidential Data"), except upon the Company's written consent or as required by his/her duties with the Company or any of its Subsidiaries, for so long as such Confidential Data remains confidential and all such Confidential Data, together with all copies thereof and notes and other references thereto, shall remain the sole property of the Company or a Subsidiary. The Participant agrees, during his/her employment with the Company or any of its Subsidiaries and at all times thereafter, not to make disparaging statements about the Company or any of its Subsidiaries or their officers, directors, agents, employees, products or services which he/she knows, or has reason to know, are false or misleading.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Fleming Companies Inc /Ok/)

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