Confidentiality and Non Disclosure of Information. Employee recognizes, acknowledges and agrees that the names of the Company's customers and its pricing structure, processes, operations, marketing programs, sales techniques, designs, specifications and other trade secrets (collectively referred to herein as "Proprietary Information") are valuable, special and unique assets of the Company. Employee will not, during or after the term of Employee's employment, directly or indirectly, utilize for the benefit of any person, business, enterprise or entity other than Company, or disclose any portion or part of the Company's Proprietary Information to any person, firm, corporation, association or other entity for any reason or purpose whatsoever. Furthermore, it is agreed that all data, lists, papers, memoranda, documents, and all products of Employee's skill, resulting from Employee's employment herein, shall be and remain the sole and exclusive property of the Company, and Employee shall execute any and all agreements and instruments that may be necessary to evidence the Company's ownership of such property. In the event of a breach or threatened breach by the Employee of the provisions of this Section 6, the Company shall be entitled to an injunction restraining the Employee from breaching the terms of this Agreement. Nothing herein shall be construed as prohibiting the Company from pursuing any other remedy available to the Company for such breach or threatened breach, including the recovery of damages from the Employee.
Appears in 3 contracts
Samples: Employment and Non Competition Agreement (Omni Energy Services Corp), Employment and Non Competition Agreement (Omni Energy Services Corp), Employment and Non Competition Agreement (Omni Energy Services Corp)
Confidentiality and Non Disclosure of Information. Employee recognizes, acknowledges and agrees that the names of the Company's customers and its pricing structure, processes, operations, marketing programs, sales techniques, designs, specifications and other trade secrets (collectively referred to herein as "Proprietary Information") are valuable, special and unique assets of the Company. Employee will not, during or after the term of Employee's employmentemployment hereunder, directly or indirectly, utilize for the benefit of any person, business, enterprise or entity other than Company, Company or disclose any portion or part of the Company's Proprietary Information to any person, firm, corporation, association or other entity for any reason or purpose whatsoever. Furthermore, it is agreed that all data, lists, papers, memoranda, documents, and all products of Employee's skill, resulting from Employee's employment hereinhereunder, shall be and remain the sole and exclusive property of the Company, and Employee shall execute any and all agreements and instruments that may be necessary to evidence the Company's ownership of such property. In the event of a breach or threatened breach by the Employee of the provisions of this Section 6, the Company shall be entitled to an injunction restraining the Employee from breaching the terms of this Agreement. Nothing herein shall be construed as prohibiting the Company from pursuing any other remedy available to the Company for such breach or threatened breach, including the recovery of damages from the Employee.
Appears in 2 contracts
Samples: Competition Agreement (Omni Energy Services Corp), Employment and Non Competition Agreement (Omni Energy Services Corp)
Confidentiality and Non Disclosure of Information. Employee recognizes, acknowledges and agrees that the names of the Company's customers and its pricing structure, processes, operations, marketing programs, sales techniques, designs, specifications and other trade secrets (collectively referred to herein as collectively, the "Proprietary InformationPROPRIETARY INFORMATION") are valuable, special and unique assets of the Company. Employee will not, during or after the term of Employee's employment, directly or indirectly, utilize for the benefit of any person, business, enterprise or entity other than Company, or disclose any portion or part of the Company's Proprietary Information to any person, firm, corporation, association or other entity for any reason or purpose whatsoever. Furthermore, it is agreed that all data, lists, papers, memoranda, documents, and all products of Employee's skill, resulting from Employee's employment herein, shall be and remain the sole and exclusive property of the Company, and Employee shall execute any and all agreements and instruments that may be necessary to evidence the Company's ownership of such property. In the event of a breach or threatened breach by the Employee of the provisions of this Section 6, the Company shall be entitled to an injunction restraining the Employee from breaching the terms of this Agreement. Nothing herein shall be construed as prohibiting the Company from pursuing any other remedy available to the Company for such breach or threatened breach, including the recovery of damages from the Employee.
Appears in 1 contract
Samples: Asset Purchase Agreement (Omni Energy Services Corp)
Confidentiality and Non Disclosure of Information. Employee recognizes, acknowledges and agrees that the names of the Company's customers and its pricing structure, processes, operations, marketing programs, sales techniques, designs, specifications and other trade secrets (collectively referred to herein as "Proprietary Information") are valuable, special and unique assets of the Company. Employee will not, during or after the term of Employee's employment, directly or indirectly, utilize for the benefit of any person, business, enterprise or entity other than Company, or disclose any portion or part of the Company's Proprietary Information to any person, firm, corporation, association or other entity for any reason or purpose whatsoever. Furthermore, it is agreed that all data, lists, papers, memoranda, documents, and all products of Employee's skill, resulting from Employee's employment herein, shall be and remain the sole and exclusive property of the Company, and Employee shall execute any and all agreements and instruments that may be necessary to evidence the Company's ownership of such property. In the event of a breach or threatened breach by the Employee of the provisions of this Section 69, the Company shall be entitled to an injunction restraining the Employee from breaching the terms of this Agreement. Nothing herein shall be construed as prohibiting the Company from pursuing any other remedy available to the Company for such breach or threatened breach, including the recovery of damages from the Employee.
Appears in 1 contract
Samples: Employment and Non Competition Agreement (Omni Energy Services Corp)