Confidentiality and Non-Disclosure Covenant. During the Term of this Agreement, Executive hereby acknowledges that he may obtain and be entrusted with unpublished and material confidential and proprietary information relating to the Company's present and proposed business and operations including, without limitation, financial information relating to the Company's present and proposed business and operations, the cost and pricing of the Company's services, proposed acquisitions of the Company, and the terms of all material agreements to which the Company is a party. All of such information that may be obtained by Executive shall, for purposes hereof, be referred to herein as "Confidential Information". Executive hereby agrees that, unless the Confidential Information becomes publicly known through legitimate origin not involving any improper act or omission of Executive, neither he, nor any entity or person owned or controlled directly or indirectly by him, shall, during the Term of this Agreement or thereafter, use for his own benefit or for the benefit of others for any purpose and in any manner whatsoever, divulge to any person, firm, corporation or other entity or otherwise publish or disclose any Confidential Information (except as necessary in connection with the performance of Executive's services under this Agreement). This provision shall survive the expiration or termination of this Agreement. Notwithstanding the foregoing, Executive shall not be in breach of this covenant with respect to any use or disclosure of any Confidential Information by him which is or becomes available in the public domain or is required as a result of any legal process served upon him in any judicial or administrative proceeding or was obtained by Executive from a third party without such third party's breach of agreement or obligation of trust or which does not have a material adverse effect on the Company.
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Samples: Executive Employment Agreement (Sagemark Companies LTD), Executive Employment Agreement (Sagemark Companies LTD), Executive Employment Agreement (Sagemark Companies LTD)
Confidentiality and Non-Disclosure Covenant. 8.1 During the Term of this Agreement, Executive hereby acknowledges that he may obtain and be entrusted with unpublished and material confidential and proprietary information relating to the Company's present and proposed business and operations operations, including, without limitation, financial information relating to the Company's present and proposed business and proposed business and operations, the cost and pricing of the Company's services, proposed acquisitions the sales and marketing plans and strategies of the Company, proposed Company's accounts and the terms of all material agreements to which the Company is a party. All of such information that may be obtained by Executive shall, for purposes hereof, be referred to herein as "Confidential Information". ." Executive hereby agrees that, unless the Confidential Information becomes publicly known through legitimate origin not involving any improper act or omission of Executive, neither he, nor any entity or person owned or controlled directly or indirectly by him, shall, during the Term of this Agreement or thereafter, use for his own benefit or for the benefit of others for any purpose and in any manner whatsoever, divulge to any person, firm, corporation or other entity or otherwise publish or disclose any Confidential Information (except as necessary in connection with the performance of Executive's services under this Agreement). This provision shall survive the expiration or termination of this Agreement. Notwithstanding the foregoing, Executive shall not be in breach of this covenant with respect to any use or disclosure of any Confidential Information by him which is or becomes available in does not cause any material damage to the public domain Company or is required as a result of any legal process served upon him in any judicial or administrative proceeding or was obtained by Executive from a third party without such third party's breach of agreement or obligation of trust or which does not have a material adverse effect on (provided that the Company.Company shall be
Appears in 1 contract
Samples: Agreement by and Between Edulink, Inc. And Saatchi & Saatchi North America, Inc. (Edulink Inc)