Common use of CONFIDENTIAL INFORMATION; RECORDS Clause in Contracts

CONFIDENTIAL INFORMATION; RECORDS. Consultant recognizes that Consultant's retention by the Company is one of the highest trust and confidence by reason of Consultant's access to and contact with certain trade secrets, confidential business practices and proprietary information of the Company (collectively, "Trade Secrets"). Consultant shall use his best efforts and exercise utmost diligence to protect and safeguard the Trade Secrets. Except as may be required by the Company in connection with this Agreement, or with the prior written consent of the Company, Consultant shall not, either during the Consulting Term or thereafter, directly or indirectly, use for Consultant's own benefit or for the benefit of another, or disclose, disseminate or distribute to another, any of the Trade Secrets (whether or not acquired, learned, obtained or developed by Consultant alone or in conjunction with another) of the Company or of any other person with whom the Company has a business relationship. All memoranda, notes, records, drawings, documents or other writings whatsoever made, compiled, acquired or received by Consultant during the Consulting Term arising out of, in connection with or related to any activity or business of the Company (other than records and personal notes received or prepared by Consultant in his capacity as a director of the Company) are and shall continue to be the sole and exclusive property of the Company, and shall, together with all copies thereof, be delivered to the Company by Consultant immediately when Consultant ceases to be retained by the Company, or at any other time upon the Company's demand.

CONFIDENTIAL INFORMATION; RECORDS. Consultant The Executive recognizes that Consultantthe Executive's retention by the Company is one of the highest trust and confidence by reason of Consultantthe Executive's access to and contact with certain trade secrets, confidential business practices and proprietary information of the Company (collectively, "Trade Secrets"). Consultant The Executive shall use his best efforts and exercise utmost diligence to protect and safeguard the Trade Secrets. Except as may be required by the Company in connection with this Agreement, or with the prior written consent of the Company, Consultant the Executive shall not, either during the Consulting Term term of his employment or thereafter, directly or indirectly, use for Consultantthe Executive's own benefit or for the benefit of another, or disclose, disseminate or distribute to another, any of the Trade Secrets (whether or not acquired, learned, obtained or developed by Consultant the Executive alone or in conjunction with another) of the Company or of any other person with whom the Company has a business relationship. All memoranda, notes, records, drawings, documents or other writings whatsoever made, compiled, acquired or received by Consultant the Executive during the Consulting Term term of his employment arising out of, in connection with or related to any activity or business of the Company (other than records and personal notes received or prepared by Consultant Executive in his capacity as a director of the Company) are and shall continue to be the sole and exclusive property of the Company, and shall, together with all copies thereof, be delivered to the Company by Consultant the Executive immediately when Consultant the Executive ceases to be retained employed by the Company, or at any other time upon the Company's demand.