Common use of Confidential Information Non Competition Clause in Contracts

Confidential Information Non Competition. (a) Executive acknowledges that Executive will have knowledge of certain trade secrets, and other confidential and proprietary information of the Company. Executive acknowledges that in and as a result of his employment with the Company, he has been and will be making use of, acquiring and/or adding to confidential information of the Company of a special and unique nature and value., The Executive covenants and agrees that he shall hold in a fiduciary capacity for the benefit of the Company all secret or confidential information, knowledge or data relating to the Company or any of its affiliated companies, and their respective businesses, which shall have been obtained by Executive during Executive's employment by the Company or any of its affiliated companies and which shall not be or become public knowledge (other than by acts by Executive or representatives of Executive in violation of this Agreement). Executive further agrees that during and following the termination of Executive's employment with the Company, Executive shall not, without prior written consent of the Company or as may otherwise be required by law or legal process (provided the Company has been given notice of and opportunity to challenge or limit the scope of disclosure purportedly so required), directly or indirectly, communicate or divulge any such confidential information, knowledge or data to anyone other than the Company and those designated by it or to an attorney retained by Executive to provide legal advice with respect to this Section 1 and who has agreed to keep such information confidential. Upon the termination of Executive's employment with the Company, Executive shall return all materials obtained from or belonging to the Company which he may have in his possession or control.

Appears in 3 contracts

Samples: Employment Agreement (Homeside Lending Inc), Employment Agreement (Homeside Lending Inc), Employment Agreement (Homeside Lending Inc)

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Confidential Information Non Competition. (a) Executive acknowledges that Executive will have knowledge of certain trade secrets, and other confidential and proprietary information of the Company. Executive acknowledges that in and as a result of his employment with the Company, he has been and will be making use of, acquiring and/or adding to confidential information of the Company of a special and unique nature and value., The Executive covenants and agrees that he shall hold in a fiduciary capacity for the benefit of the Company all secret or confidential information, knowledge or data relating to the Company or any of its affiliated companies, and their respective businesses, which shall have been obtained by Executive during Executive's employment by the Company or any of its affiliated companies and which shall not be or become public knowledge (other than by acts by Executive or representatives of Executive in violation of this Agreement). Executive further agrees that during and following the termination of Executive's employment with the Company, Executive shall not, without prior written consent of the Company or as may otherwise be required by law or legal process (provided the Company has been given notice of and opportunity to challenge or limit the scope of disclosure purportedly so required), directly or indirectly, communicate or divulge any such confidential information, knowledge or data to anyone other than the Company and those designated by it or to an attorney retained by Executive to provide legal advice with respect to this Section 1 and who has agreed to keep such information confidential. Upon the termination of Executive's employment with the Company, Executive shall return all materials obtained from or belonging to the Company which he may have in his possession or control.

Appears in 1 contract

Samples: Employment Agreement (Homeside Lending Inc)

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Confidential Information Non Competition. (a) Executive acknowledges that Executive will have knowledge of certain trade secrets, and other confidential and proprietary information of the Company. Executive acknowledges that in and as a result of his employment with the Company, he has been and will be making use of, acquiring and/or adding to confidential information of the Company of a special and unique nature and value., . The Executive covenants and agrees that he shall hold in a fiduciary capacity for the benefit of the Company all secret or confidential information, knowledge or data relating to the Company or any of its affiliated companies, and their respective businesses, which shall have been obtained by Executive during Executive's employment by the Company or any of its affiliated companies and which shall not be or become public knowledge (other than by acts by Executive or representatives of Executive in violation of this Agreement). Executive further agrees that during and following the termination of Executive's employment with the Company, Executive shall not, without prior written consent of the Company or as may otherwise be required by law or legal process (provided the Company has been given notice of and opportunity to challenge or limit the scope of disclosure purportedly so required), directly or indirectly, communicate or divulge any such confidential information, knowledge or data to anyone other than the Company and those designated by it or to an attorney retained by Executive to provide legal advice with respect to this Section 1 and who has agreed to keep such information confidential. Upon the termination of Executive's employment with the Company, Executive shall return all materials obtained from or belonging to the Company which he may have in his possession or control.

Appears in 1 contract

Samples: Employment Agreement (Homeside Lending Inc)

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