Common use of Confidentiality; Noncompetition Clause in Contracts

Confidentiality; Noncompetition. In addition to and supplementing the covenants contained in Section 5.2 of the Agreement and Plan of Merger (the "Merger Agreement"), dated August 22, 1998, among the Parent, JAG Acquisition Corp., Xxxx of All Games, Inc. and Employee, the Employer and Employee agree as follows: (a) The Employer and the Employee acknowledge that the services to be performed by the Employee under this Agreement may result in the Employee being in possession of confidential information relating to the business practices of the Company and the Parent. The term "confidential information" shall mean any and all information (verbal and written) relating to the Company, the Parent or any of their respective affiliates, or any of their respective activities, other than such information which can be shown by the Employee to be in the public domain (such information not being deemed to be in the public domain merely because it is embraced by more general information which is in the public domain) other than as the result of breach of the provisions of this Section 7(a), including, but not limited to, information relating to: existing and proposed projects, source codes, object codes, forecasts, assumptions, trade secrets, personnel lists, financial information, research projects, services, pricing, customers, customer lists and prospects, product sourcing, marketing and selling and servicing. The Employee agrees that he will not, at any time during or after the termination of his employment, directly or indirectly, use, communicate, disclose or disseminate to any person, firm or corporation any confidential information regarding the clients, customers or business practices of the Company or Parent and that Employee agrees that all confidential information shall be the sole property of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Take Two Interactive Software Inc), Employment Agreement (Take Two Interactive Software Inc)

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Confidentiality; Noncompetition. In addition to and supplementing the covenants contained in Section 5.2 Sections 5.1, 5.2, 5.3, 5.4, 5.5 and 5.6 of the Agreement and Plan of Merger (the "Merger Agreement"), dated August 22___________, 19981997, among the Parent, JAG Take-Two Acquisition Corp., Xxxx of All GamesInventory Management Systems, Inc. and EmployeeConsultant, the Employer Company and Employee Consultant agree as follows: (a) The Employer Company and the Employee Consultant acknowledge that the services to be performed by the Employee Consultant under this Agreement may result in are unique and extraordinary and, as a result, the Employee being Consultant will be in possession of confidential information relating to the business practices of the Company and the Parent. The term "confidential information" shall mean any and all information (verbal and written) relating to the Company, the Parent or any of their respective affiliates, or any of their respective activities, other than such information which can be shown by the Employee Consultant to be in the public domain (such information not being deemed to be in the public domain merely because it is embraced by more general information which is in the public domain) other than as the result of breach of the provisions of this Section 7(a), including, but not limited to, information relating to: existing and proposed projects, source codes, object codes, forecasts, assumptions, trade secrets, personnel lists, financial information, research projects, services, pricing, customers, customer lists and prospects, product sourcing, marketing and selling and servicing. The Employee Consultant agrees that he will not, at any time during or after the termination of his employment, directly or indirectly, use, communicate, disclose or disseminate to any person, firm or corporation any confidential information regarding the clients, customers or business practices of the Company or Parent and that Employee Consultant agrees that all confidential information shall be the sole property of the Company.

Appears in 1 contract

Samples: Consulting Agreement (Take Two Interactive Software Inc)

Confidentiality; Noncompetition. In addition to and supplementing the covenants contained in Section 5.2 Sections 5.1, 5.2, 5.3, 5.4, 5.5 and 5.6 of the Agreement and Plan of Merger (the "Merger Agreement"), dated August 22___________, 19981997, among the Parent, JAG Take-Two Acquisition Corp., Xxxx of All GamesInventory Management Systems, Inc. and Employee, the Employer and Employee agree as follows: (a) The Employer and the Employee acknowledge that the services to be performed by the Employee under this Agreement may are unique and extraordinary and, as a result in of such employment, the Employee being will be in possession of confidential information relating to the business practices of the Company and the Parent. The term "confidential information" shall mean any and all information (verbal and written) relating to the Company, the Parent or any of their respective affiliates, or any of their respective activities, other than such information which can be shown by the Employee to be in the public domain (such information not being deemed to be in the public domain merely because it is embraced by more general information which is in the public domain) other than as the result of breach of the provisions of this Section 7(a), including, but not limited to, information relating to: existing and proposed projects, source codes, object codes, forecasts, assumptions, trade secrets, personnel lists, financial information, research projects, services, pricing, customers, customer lists and prospects, product sourcing, marketing and selling and servicing. The Employee agrees that he will not, at any time during or after the termination of his employment, directly or indirectly, use, communicate, disclose or disseminate to any person, firm or corporation any confidential information regarding the clients, customers or business practices of the Company or Parent and that Employee agrees that all confidential information shall be the sole property of the Company.

Appears in 1 contract

Samples: Employment Agreement (Take Two Interactive Software Inc)

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Confidentiality; Noncompetition. In addition to and supplementing the covenants contained in Section 5.2 Sections 6.1 and 6.2 of the Stock Purchase Agreement and Plan of Merger (the "Merger Purchase Agreement"), dated August 22October 1, 1998, among the ParentCompany, JAG Acquisition Corp., Xxxx of All GamesWOWFactor, Inc. ("WOW") and Employee, the Employer and Employee agree as follows: (a) The Employer and the Employee acknowledge that the services to be performed by the Employee under this Agreement may are unique and extraordinary and, as a result in of such employment, the Employee being will be in possession of confidential information relating to the business practices of the Company and the ParentWOW. The term "confidential information" shall mean any and all information (verbal and written) relating to the Company, the Parent WOW or any of their respective affiliates, or any of their respective activities, other than such information which can be shown by the Employee to be in the public domain (such information not being deemed to be in the public domain merely because it is embraced by more general information which is in the public domain) other than as the result of breach of the provisions of this Section 7(a8(a), including, but not limited to, information relating to: existing and proposed projects, source codes, object codes, forecasts, assumptions, trade secrets, personnel lists, financial information, research projects, services, pricing, customers, customer lists and prospects, product sourcing, marketing and selling and servicing. The Employee agrees that he she will not, at any time during or after the termination of his her employment, directly or indirectly, use, communicate, disclose or disseminate to any person, firm or corporation any confidential information regarding the clients, customers or business practices of the Company or Parent WOW and that Employee agrees that all confidential information shall be the sole property of the Company.

Appears in 1 contract

Samples: Employment Agreement (Frontline Communication Corp)

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