Common use of Confidentiality and Surrender of Records Clause in Contracts

Confidentiality and Surrender of Records. Executive shall not during the term of employment or at any time thereafter (irrespective of the circumstances under which Executive's employment terminates), except as required by law, directly or indirectly give or disclose any "confidential records" (as hereinafter defined) to, or permit any inspection or copying of confidential records by, any individual or entity other than in the ordinary course and scope of such individual's or entity's employment or retention by Company, nor shall he use or retain any of the same following termination of his employment. Executive shall promptly return to Company all "confidential records" upon the termination of Executive's employment with Company. For purposes hereof, "confidential records" means all correspondence, memoranda, files, analyses, studies, reports, notes, documents, manuals, books, lists, financial, operating or marketing records, computer software, magnetic tape, or electronic or other media or equipment of any kind which may be in Executive's possession or under his control or accessible to him which contain any proprietary information as defined in subsection 15(a) above. All confidential records shall be and remain the sole property of Company during the term of employment and thereafter.

Appears in 3 contracts

Samples: Employment Contract (Beverly Enterprises Inc), Employment Contract (Beverly Enterprises Inc), Severance Agreement (New Beverly Holdings Inc)

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Confidentiality and Surrender of Records. Executive shall not during the term of employment or at any time thereafter (irrespective of the circumstances under which Executive's employment terminates), except as required by law, directly or indirectly give or disclose any "confidential records" (as hereinafter defined) to, or permit any inspection or of copying of confidential records by, any individual or entity other than in the ordinary course and scope of such individual's or entity's employment or retention by Company, nor shall he use or retain any of the same following termination of his employment. Executive shall promptly return to Company all "confidential records" upon the termination of Executive's employment with Company. For purposes hereof, "confidential records" means all correspondence, memoranda, files, analyses, studies, reports, notes, documents, manuals, books, lists, financial, operating or marketing records, computer software, magnetic tape, or electronic or other media or equipment of any kind which may be in Executive's possession or under his control or accessible to him which contain any proprietary information as defined in subsection 15(asubparagraph 6(a) above. All confidential records shall be and remain the sole property of Company during the term of employment and thereafter.

Appears in 3 contracts

Samples: Employment and Severance Agreement (Beverly Enterprises Inc), Employment and Severance Agreement (Beverly Enterprises Inc), Employment and Severance Agreement (Beverly Enterprises Inc)

Confidentiality and Surrender of Records. Executive shall not during the term of employment or at any time thereafter (irrespective of the circumstances under which Executive's employment terminates), except as required by law, directly or indirectly give or disclose any "confidential records" (as hereinafter defined) to, or permit any inspection or copying of confidential records by, any individual or entity other than in the ordinary course and scope of such individual's or entity's employment or retention by Company, nor shall he use or retain any of the same following termination of his employment. Executive shall promptly return to Company all "confidential records" upon the termination of Executive's employment with Company. For purposes hereof, "confidential records" means all correspondence, memoranda, files, analyses, studies, reports, notes, documents, manuals, books, lists, financial, operating or marketing records, computer software, magnetic tape, or electronic or other media or equipment of any kind which may be in Executive's possession or under his control or accessible to him which contain any proprietary information as defined in subsection 15(a17(a) above. All confidential records shall be and remain the sole property of Company during the term of employment and thereafter.

Appears in 2 contracts

Samples: Employment Contract (New Beverly Holdings Inc), Employment Contract (New Beverly Holdings Inc)

Confidentiality and Surrender of Records. Executive shall not during the term of his employment or at any time thereafter (irrespective of the circumstances under which Executive's ’s employment by the Company terminates), except as required by law, directly or indirectly give publish, make known or in any fashion disclose any "confidential records" (as hereinafter defined) records to, or permit any inspection or copying of confidential records by, any individual or entity other than in the ordinary course and scope of such individual's ’s or entity's ’s employment or retention by the Company. Upon termination of employment for any reason or request by the Company, nor Executive shall he use deliver promptly to the Company all property and records of the Company or retain any of the same following termination of his employment. Executive shall promptly return to Company its affiliates, including, without limitation, all "confidential records" upon , or if then acceptable to the termination of Executive's employment with Company, certify to the Company in writing as to their destruction. For purposes hereof, "confidential records" means all correspondence, reports, memoranda, files, analyses, studies, reports, notes, documents, manuals, books, lists, financial, operating or marketing records, computer software, magnetic tape, or electronic or other media or equipment of any kind which may be in Executive's ’s possession or under his control or accessible to him which contain any proprietary information as defined in subsection 15(a) aboveinformation. All property and records of the Company and any of its affiliates (including, without limitation, all confidential records records) shall be and remain the sole property of the Company or such affiliate during Executive’s employment with the term of employment Company and thereafter.

Appears in 1 contract

Samples: Employment Agreement (Bond Street Holdings Inc)

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Confidentiality and Surrender of Records. Executive shall not during the term of employment or at any time thereafter (irrespective of the circumstances under which Executive's ’s employment terminates), except as required by law, directly or indirectly give or disclose any "confidential records" (as hereinafter defined) to, or permit any inspection or copying of confidential records by, any individual or entity other than in the ordinary course and scope of such individual's ’s or entity's ’s employment or retention by Company, nor shall he use or retain any of the same following termination of his employment. Executive shall promptly return to Company all "confidential records" upon the termination of Executive's ’s employment with Company. For purposes hereof, "confidential records" means all correspondence, memoranda, files, analyses, studies, reports, notes, documents, manuals, books, lists, financial, operating or marketing records, computer software, magnetic tape, or electronic or other media or equipment of any kind which may be in Executive's ’s possession or under his control or accessible to him which contain any proprietary information as defined in subsection 15(a) above. All confidential records shall be and remain the sole property of Company during the term of employment and thereafter.

Appears in 1 contract

Samples: Employment Contract (Beverly Enterprises Inc)

Confidentiality and Surrender of Records. Executive shall not during the term of employment or at any time thereafter (irrespective of the circumstances under which Executive's ’s employment terminates), except as required by law, directly or indirectly give or disclose any "confidential records" (as hereinafter defined) to, or permit any inspection or copying of confidential records by, any individual or entity other than in the ordinary course and scope of such individual's ’s or entity's ’s employment or retention by Company, nor shall he use or retain any of the same following termination of his employment. Executive shall promptly return to Company all "confidential records" upon the termination of Executive's ’s employment with Company. For purposes hereof, "confidential records" means all correspondence, memoranda, files, analyses, studies, reports, notes, documents, manuals, books, lists, financial, operating or marketing records, computer software, magnetic tape, or electronic or other media or equipment of any kind which may be in Executive's ’s possession or under his control or accessible to him which contain any proprietary information as defined in subsection 15(a9(a) above. All confidential records shall be and remain the sole property of Company during the term of employment and thereafter.

Appears in 1 contract

Samples: Severance Agreement (Beverly Enterprises Inc)

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