Common use of Confidentiality and Nonsolicitation Agreement Clause in Contracts

Confidentiality and Nonsolicitation Agreement. (a) The Executive acknowledges that in the course of his employment by the Company, he will have access to and become informed of confidential and secret information which is a competitive asset of the Company ("Confidential Information"), including (i) the terms of any agreement between the Company and any employee, customer or supplier, (ii) pricing strategy, (iii) product development strategies, (iv) personnel training and development programs, (v) financial results, (vi) strategic plans and demographic analyses, (vii) proprietary computer and systems software, and (viii) any confidential non-public information received from the Company concerning the Company, its employees, suppliers and customers. The Executive agrees that he will keep all Confidential Information in strict confidence during the term of his employment by the Company and thereafter and will never make known, divulge, reveal, furnish, make available, or use any Confidential Information (except in the course of his regular authorized duties on behalf of the Company). The Executive agrees that the obligations of confidentiality hereunder shall survive termination of his employment at the Company regardless of any actual or alleged breach by the Company of this Agreement and shall continue for one year following such termination provided that such obligation shall terminate earlier (i) as to specific information that shall have become known through no fault of the Executive or (ii) as to Confidential Information which the Executive is required by law to disclose (after giving the Company notice and an opportunity to contest such requirement). The Executive's obligations under this Section 6 are in addition to, and not in limitation or preemption of, all other obligation of confidentiality which the Executive may have to the Company under general legal or equitable principles.

Appears in 4 contracts

Samples: Severance Agreement (Certified Grocers of California LTD), Severance Agreement (Certified Grocers of California LTD), Severance Agreement (Certified Grocers of California LTD)

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Confidentiality and Nonsolicitation Agreement. (a) The Executive acknowledges that in the course of his employment by the Company, he will or may have access to and become informed of confidential and secret information which is a competitive asset of the Company ("Confidential Information"), including including, without limitation, (i) the terms of any agreement between the Company and any employee, customer or supplier, (ii) pricing strategy, (iii) merchandising and marketing methods, (iv) product development ideas and strategies, (ivv) personnel training and development programs, (vvi) financial results, (vivii) strategic plans and demographic analyses, (viiviii) proprietary computer and systems software, and (viiiix) any confidential non-public information received from the Company concerning the Company, its employees, suppliers and or customers. The Executive agrees that he will keep all Confidential Information in strict confidence during the term of his employment by the Company and thereafter and will never directly or indirectly make known, divulge, reveal, furnish, make available, or use any Confidential Information (except in the course of his regular authorized duties on behalf of the Company). The Executive agrees that the obligations of confidentiality hereunder shall survive termination of his employment at the Company regardless of any actual or alleged breach by the Company of this Agreement and shall continue for one year two years following such termination provided that such obligation shall terminate earlier (i) as to specific information that shall have become known become, through no fault of the Executive Executive, generally known to the public or (ii) as to Confidential Information which the Executive is required by law to disclose (after giving the Company notice and an opportunity to contest such requirement). The Executive's obligations under this Section 6 10 are in addition to, and not in limitation or preemption of, all other obligation obligations of confidentiality which the Executive may have to the Company under general legal or equitable principles.

Appears in 1 contract

Samples: Employment Agreement (Certified Grocers of California LTD)

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