Common use of Confidential Information; Personal Relationships Clause in Contracts

Confidential Information; Personal Relationships. The Executive acknowledges that the Company has a legitimate and continuing proprietary interest in the protection of its confidential information and that it has invested substantial sums and will continue to invest substantial sums to develop, maintain and protect confidential information. The Executive agrees that the Executive shall keep secret and retain in strictest confidence, and shall not use for the benefit of himself or others all confidential matters directly relating to the Company and its business, including without limitation, financial information, trade secrets, customer lists, details of client or consultant contracts, pricing policies, operational methods, marketing plans or strategies, product development techniques or plans, business acquisition plans, new personnel acquisition plans, technical processes, designs and design projects, inventions and research projects of the Company, its affiliates, or any entity which may hereafter become an affiliate thereof.

Appears in 6 contracts

Samples: Employment Agreement (Cliffs Drilling Co), Employment Agreement (Cliffs Drilling Co), Employment Agreement (Cliffs Drilling Co)

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