Common use of Confidentiality; Intellectual Property; Disclosure Clause in Contracts

Confidentiality; Intellectual Property; Disclosure. (a) Except as otherwise provided in this Confidentiality and Non-Competition Agreement, at all times hereafter, Executive shall keep secret and retain in strictest confidence, any and all Confidential Information (as hereinafter defined) relating to the Company, and shall use such Confidential Information only in furtherance of the performance by him of his duties as an executive officer of the Company and not for personal benefit or the benefit of any interest adverse to the interests of the Company. For purposes of this Confidentiality and Non-Competition Agreement, "Confidential Information" shall mean any confidential or proprietary information including, without limitation, plans, specifications, models, samples, data, customer lists and customer information, computer programs and documentation, and other technical and/or business information, in whatever form, tangible or intangible, printed, electronic or magnetic, that can be communicated by whatever means available at such time, that relates to the Company's current business or future business contemplated during the period Executive serves as an executive officer of the Company, products, services and/or developments, or information received from others that the Company is obligated to treat as confidential or proprietary, and Executive shall not disclose such Confidential Information to any person other than the Company, except as may be required by law or court or administrative order (in which event Executive shall so notify the Company as promptly as practicable). Upon the termination of Executive's position as an executive officer of the Company for any reason, Executive shall promptly return to the Company or destroy all copies, reproductions and summaries of Confidential Information in his possession or control and erase the same from all media in his possession or control, and, if the Company so requests, shall certify in writing that he has done so. All Confidential Information is and shall remain the property of the Company, or in the case of information that the Company receives from a third party which it is obligated to treat as confidential, then the property of such third party.

Appears in 4 contracts

Samples: Transitional Compensation Agreement (Amcore Financial Inc), Transitional Compensation Agreement (Amcore Financial Inc), Transitional Compensation Agreement (Amcore Financial Inc)

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Confidentiality; Intellectual Property; Disclosure. (a) Except as otherwise provided in this Confidentiality and Non-Competition Agreement, at all times hereafter, Executive shall keep secret and retain in strictest confidence, any and all Confidential Information (as hereinafter defined) relating to the Company, and shall use such Confidential Information only in furtherance of the performance by him of his duties as an executive officer of the Company and not for personal benefit or the benefit of any interest adverse to the interests of the Company. For purposes of this Confidentiality and Non-Competition Agreement, "Confidential Information" shall mean any confidential or proprietary information including, without limitation, plans, specifications, models, samples, data, customer lists and customer information, computer programs and documentation, and other technical and/or business information, in whatever form, tangible or intangible, printed, electronic or magnetic, that can be communicated by whatever means available at such time, that relates to the Company's ’s current business or future business contemplated during the period Executive serves as an executive officer of the Company, products, services and/or developments, or information received from others that the Company is obligated to treat as confidential or proprietary, and Executive shall not disclose such Confidential Information to any person other than the Company, except as may be required by law or court or administrative order (in which event Executive shall so notify the Company as promptly as practicable). Upon the termination of Executive's ’s position as an executive officer of the Company for any reason, Executive shall promptly return to the Company or destroy all copies, reproductions and summaries of Confidential Information in his possession or control and erase the same from all media in his possession or control, and, if the Company so requests, shall certify in writing that he has done so. All Confidential Information is and shall remain the property of the Company, or in the case of information that the Company receives from a third party which it is obligated to treat as confidential, then the property of such third party.

Appears in 3 contracts

Samples: Transitional Compensation Agreement (Amcore Financial Inc), Transitional Compensation Agreement (Amcore Financial Inc), Transitional Compensation Agreement (Amcore Financial Inc)

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Confidentiality; Intellectual Property; Disclosure. (a) Except as otherwise provided in this Confidentiality and Non-Competition Agreement, at all times hereafter, Executive shall keep secret and retain in strictest confidence, any and all Confidential Information (as hereinafter defined) relating to the Company, and shall use such Confidential Information only in furtherance of the performance by him of his her duties as an executive officer of the Company and not for personal benefit or the benefit of any interest adverse to the interests of the Company. For purposes of this Confidentiality and Non-Competition Agreement, "Confidential Information" shall mean any confidential or proprietary information including, without limitation, plans, specifications, models, samples, data, customer lists and customer information, computer programs and documentation, and other technical and/or business information, in whatever form, tangible or intangible, printed, electronic or magnetic, that can be communicated by whatever means available at such time, that relates to the Company's ’s current business or future business contemplated during the period Executive serves as an executive officer of the Company, products, services and/or developments, or information received from others that the Company is obligated to treat as confidential or proprietary, and Executive shall not disclose such Confidential Information to any person other than the Company, except as may be required by law or court or administrative order (in which event Executive shall so notify the Company as promptly as practicable). Upon the termination of Executive's ’s position as an executive officer of the Company for any reason, Executive shall promptly return to the Company or destroy all copies, reproductions and summaries of Confidential Information in his her possession or control and erase the same from all media in his her possession or control, and, if the Company so requests, shall certify in writing that he she has done so. All Confidential Information is and shall remain the property of the Company, or in the case of information that the Company receives from a third party which it is obligated to treat as confidential, then the property of such third party.

Appears in 2 contracts

Samples: Transitional Compensation Agreement (Amcore Financial Inc), Transitional Compensation Agreement (Amcore Financial Inc)

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