Common use of Confidentiality and Trade Secrets Clause in Contracts

Confidentiality and Trade Secrets. During and after the terms of his employment by Employer, Executive shall not communicate, divulge, or use any secret, confidential information, trade secret, confidential customer list or any confidential information relating to customers, clients, vendors, dealers, insurance companies, suppliers of the Employer or any other person or entity having a relationship with the Employer or any affiliate of Employer for any purpose whatsoever except as consented to in writing by Employer. This obligation shall apply with respect to any such item until such item ceases (other than through the action of Executive) to be secret or confidential. Confidential Information shall also include all information contained or stored in the confidential databases of the Employer containing Confidential Information or other information of the Employer. Executive shall have no obligation hereunder to keep confidential any Confidential Information to the extent disclosure of any thereof is required by law or determined in good faith by counsel to Executive to be necessary or appropriate to comply with any legal or regulatory order, regulation or requirement; provided, however, that in the event disclosure is required by law, Executive shall provide Employer with prompt notice of such requirement so that Employer may seek an appropriate protective order.

Appears in 2 contracts

Samples: Employment Agreement (Warrantech Corp), Employment Agreement (Warrantech Corp)

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Confidentiality and Trade Secrets. During and after the terms of his employment by Employer, Executive shall not communicate, divulge, or use any secret, confidential information, trade secret, confidential customer list or any confidential information relating to customers, clients, vendors, dealers, insurance companies, suppliers of the Employer or any other person or entity having a relationship with the Employer or any affiliate of Employer its parents, subsidiaries or affiliates for any purpose whatsoever except as consented to in writing by Employer. This obligation shall apply with respect to any such item until such item ceases (other than through the action of Executive) to be secret or confidential. Confidential Information shall also include all information contained or stored in the confidential databases of the Employer containing Confidential Information or other information of the Employer. Executive shall have no obligation hereunder to keep confidential any Confidential Information to the extent disclosure of any thereof is required by law or determined in good faith by counsel to Executive to be necessary or appropriate to comply with any legal or regulatory order, regulation or requirement; provided, however, that in the event disclosure is required by law, Executive shall provide Employer with prompt notice of such requirement so that Employer may seek an appropriate protective order.

Appears in 2 contracts

Samples: Employment Agreement (Warrantech Corp), Employment Agreement (Warrantech Corp)

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Confidentiality and Trade Secrets. During and after the terms of his employment by Employer, Executive shall not communicate, divulge, or use any secret, confidential information, trade secret, secret or confidential customer list or any confidential information relating to customers, clients, vendors, dealers, insurance companies, suppliers of the Employer or any other person or entity having a relationship with the Employer or any affiliate of Employer for any purpose whatsoever except as consented to in writing by Employer. This obligation shall apply with respect to any such item until such item ceases (other than through the action of Executive) to be secret or confidential. Confidential Information shall also include all information contained or stored in the confidential databases of the Employer containing Confidential Information or other information of the Employer. Executive shall have no obligation hereunder to keep confidential any Confidential Information to the extent disclosure of any thereof is required by law or determined in good faith by counsel to Executive to be necessary or appropriate to comply with any legal or regulatory order, regulation or requirement; provided, however, that in the event disclosure is required by law, Executive shall provide Employer with prompt notice of such requirement so that Employer may seek an appropriate protective order.

Appears in 2 contracts

Samples: Employment Agreement (Warrantech Corp), Employment Agreement (Warrantech Corp)

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