Common use of Confidentiality/Trade Secrets Clause in Contracts

Confidentiality/Trade Secrets. The Executive acknowledges his position with the Bank is one of the highest trust and confidence both by reason of his position and by reason of his access to and contact with the trade secrets and confidential and proprietary business information of the Bank. Both during the term of this Agreement and thereafter, the Executive therefore covenants and agrees as follows: a. He shall use his best efforts and exercise utmost diligence to protect and to safeguard the trade secrets and/or confidential and proprietary information of the Bank, including but not limited to the identity of its current or prospective customers, suppliers and licensors, its arrangements with its customers, suppliers and licensors, and its technical, financial and marketing data, records, compilations of information, processes, programs, methods, techniques, and specifications relating to its customers, suppliers, licensors, products, and services; b. He shall not disclose any of such trade secrets and/or confidential and proprietary information, except as may be required in the course of his employment with the Bank or by law; and c. He shall not use, directly or indirectly, for his own benefit or for the benefit of another, any of such trade secrets and/or confidential and proprietary information. All files, records, documents, drawings, specifications, memoranda, notes, or other documents relating to the business of the Bank, whether prepared by the Executive or otherwise coming into his possession, shall be the exclusive property of the Bank and shall be delivered to the Bank and not reproduced and/or retained by the Executive upon termination of his employment for any reason whatsoever or at any other time upon request of the Bank.

Appears in 2 contracts

Samples: Employment Agreement (Guaranty Federal Bancshares Inc), Employment Agreement (Guaranty Federal Bancshares Inc)

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Confidentiality/Trade Secrets. The Executive acknowledges that his position with the Bank Company is one of the highest trust and confidence both by reason of his position and by reason of his access to and contact with the trade secrets and confidential and proprietary business information of the BankCompany and its affiliates. Both during the term of this Agreement and thereafter, the Executive therefore covenants and agrees as follows: a. He he shall use his best efforts and exercise utmost diligence to protect and to safeguard the trade secrets and/or and confidential and proprietary information of the Bank, Company and its affiliates including but not limited to the identity of its current or prospective customers, suppliers customers and licensorssuppliers, its arrangements with its customers, suppliers customers and licensorssuppliers, and its technical, technical and financial and marketing data, records, compilations of information, processes, programs, methods, techniques, recipes and specifications relating to its customers, suppliers, licensors, products, products and services; b. He he shall not disclose any of such trade secrets and/or and confidential and proprietary information, except as may be required in the course of his employment with the Bank Company or by law; and c. He he shall not use, directly or indirectly, for his own benefit or for the benefit of another, any of such trade secrets and/or and confidential and proprietary information. All files, records, documents, drawings, specifications, memoranda, notes, or other documents relating to the business of the BankCompany and its affiliates, whether prepared by the Executive or otherwise coming into his possession, shall be the exclusive property of the Bank Company and its affiliates and shall be delivered to the Bank Company and not reproduced and/or retained by the Executive upon termination of his employment for any reason whatsoever or at any other time upon request of the BankBoard.

Appears in 2 contracts

Samples: Employment Agreement (Smith C D Drug Co), Employment Agreement (Smith C D Drug Co)

Confidentiality/Trade Secrets. The Executive acknowledges that his position with the Bank Company is one of the highest trust and confidence both by reason of his position and by reason of his access to and contact with the trade secrets and confidential and proprietary business information of the BankCompany. Both during the term of this Agreement and thereafter, the Executive therefore covenants and agrees as follows: a. He shall use his best efforts and exercise utmost diligence to protect and to safeguard the trade secrets and/or and confidential and proprietary information of the BankCompany, including but not limited to the identity of its current or prospective customers, suppliers customers and licensorssuppliers, its arrangements with its customers, suppliers customers and licensorssuppliers, and its technical, technical and financial and marketing data, records, compilations of information, processes, programs, methods, techniques, recipes and specifications relating to its customers, suppliers, licensors, products, products and services; b. He shall not disclose any of such trade secrets and/or and confidential and proprietary information, except as may be required in the course of his employment with the Bank Company or by law; and c. He shall not use, directly or indirectly, for his own benefit or for the benefit of another, any of such trade secrets and/or and confidential and proprietary information. All files, records, documents, drawings, specifications, memoranda, notes, or other documents relating to the business of the BankCompany, whether prepared by the Executive or otherwise coming into his possession, shall be the exclusive property of the Bank Company and shall be delivered to the Bank Company and not reproduced and/or retained by the Executive upon termination of his employment for any reason whatsoever or at any other time upon request of the BankBoard.

Appears in 1 contract

Samples: Employment Agreement (Applebees International Inc)

Confidentiality/Trade Secrets. The Executive acknowledges his that her position with the Bank Company is one of the highest trust and confidence both by reason of his her position and by reason of his her access to and contact contract with the trade secrets and confidential and proprietary business information of the BankCompany and its affiliates. Both during the term of this Agreement and thereafter, the Executive therefore covenants and agrees as follows: a. He she shall use his her best efforts and exercise utmost diligence to protect and to safeguard the trade secrets and/or and confidential and proprietary information of the Bank, Company and its affiliates including but not limited to the identity of its current or prospective customers, suppliers customers and licensorssuppliers, its arrangements with its customers, suppliers customers and licensorssuppliers, and its technical, technical and financial and marketing data, records, compilations of information, processes, programs, methods, techniques, recipes and specifications relating to its customers, suppliers, licensors, products, products and services; b. He she shall not disclose any of such trade secrets and/or and confidential and proprietary information, except as may be required in the course of his her employment with the Bank Company or by law; and c. He she shall not use, directly or indirectly, for his her own benefit or for the benefit of another, any of such trade secrets and/or and confidential and proprietary information. All files, records, documents, drawings, specifications, memoranda, notes, or other documents relating to the business of the BankCompany and its affiliates, whether prepared by the Executive or otherwise coming into his possession, shall be the exclusive property of the Bank Company and its affiliates and shall be delivered to the Bank Company and not reproduced and/or retained by the Executive upon termination of his employment for any reason whatsoever or at any other time upon request of the BankBoard.

Appears in 1 contract

Samples: Employment Agreement (Smith C D Drug Co)

Confidentiality/Trade Secrets. The Executive acknowledges his that her ----------------------------- position with the Bank Company is one of the highest trust and confidence both by reason of his her position and by reason of his her access to and contact with the trade secrets and confidential and proprietary business information of the Bank. Company and its affiliates Both during the term of this Agreement and thereafter, the Executive therefore covenants and agrees as follows: a. He she shall use his her best efforts and exercise utmost diligence to protect and to safeguard the trade secrets and/or and confidential and proprietary information of the Bank, Company and its affiliates including but not limited to the identity of its current or prospective customers, suppliers customers and licensorssuppliers, its arrangements with its customers, suppliers customers and licensorssuppliers, and its technical, technical and financial and marketing data, records, compilations of information, processes, programs, methods, techniques, recipes and specifications relating to its customers, suppliers, licensors, products, products and services; b. He she shall not disclose any of such trade secrets and/or and confidential and proprietary information, except as may be required in the course of his her employment with the Bank Company or by law; and c. He she shall not use, directly or indirectly, indirectly for his own benefit or for the benefit of another, any of such trade secrets and/or and confidential and proprietary information. , All files, records, documents, drawings, specificationsspecification, memoranda, notes, or other documents relating to the business of the BankCompany and its affiliates, whether prepared by the Executive or otherwise coming into his possession, shall be the exclusive property of the Bank Company and its affiliates and shall be delivered to the Bank Company and not reproduced and/or retained by the Executive upon termination of his employment for any reason whatsoever or at any other time upon request of the BankBoard.

Appears in 1 contract

Samples: Employment Agreement (Smith C D Drug Co)

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Confidentiality/Trade Secrets. The Executive Consultant acknowledges that his position with the Bank Company is one of the highest trust and confidence both by reason of his position and by reason of his access to and contact with the trade secrets and confidential and proprietary business information of the BankCompany. Both during the term of this Agreement and thereafter, the Executive therefore Consultant covenants and agrees as follows: a. He he shall use his best efforts and exercise utmost diligence to protect and to safeguard the trade secrets and/or and confidential and proprietary information of the Bank, Company including but not limited to the identity of its current or prospective customers, suppliers customers and licensorssuppliers, its arrangements with its customers, suppliers customers and licensorssuppliers, and its technical, technical and financial and marketing data, records, compilations of information, processes, programs, methods, techniques, recipes and specifications relating to its customers, suppliers, licensors, products, products and services; b. He he shall not disclose any of such trade secrets and/or and confidential and proprietary information, except as may be required in the course of his employment with performing services for the Bank Company under this Agreement or by law; and c. He he shall not use, directly or indirectly, for his own benefit or for the benefit of another, any of such trade secrets and/or and confidential and proprietary information. All files, records, documents, drawings, specifications, memoranda, notes, or other documents relating to the business of the BankCompany, whether prepared by the Executive Consultant or otherwise coming into his possession, shall be the exclusive property of the Bank Company and shall be delivered to the Bank Company and not reproduced and/or retained by the Executive Consultant upon termination of his employment this Agreement for any reason whatsoever or at any other time upon request of the BankCompany.

Appears in 1 contract

Samples: Consulting Agreement (Applebees International Inc)

Confidentiality/Trade Secrets. The Executive acknowledges that his position with the Bank Company is one of the highest trust and confidence both by reason of his position and by reason of his access to and contact with the trade secrets and confidential and proprietary business information of the BankCompany. Both during the term of this Agreement and thereafter, the Executive therefore covenants and agrees as follows: a. He shall he Shall use his best efforts and exercise utmost diligence to protect and to safeguard the trade secrets and/or and confidential and proprietary information of the Bank, Company including but not limited to the identity of its current or prospective customers, suppliers customers and licensorssuppliers, its arrangements with its customers, suppliers customers and licensorssuppliers, and its technical, technical and financial and marketing data, records, compilations of information, processes, programs, methods, techniques, recipes and specifications relating to its customers, suppliers, licensors, products, products and services; b. He he shall not disclose any of such trade secrets and/or and confidential and proprietary information, except as may be required in the course of his employment with the Bank Company or by law; and c. He he shall not use, directly or indirectly, for his own benefit or for the benefit of another, any of such trade secrets and/or and confidential and proprietary information. All files, records, documents, drawings, specifications, memoranda, notes, or other documents relating to the business of the BankCompany, whether prepared by the Executive or otherwise coming into his possession, shall be the exclusive property of the Bank Company and shall be delivered to the Bank Company and not reproduced and/or retained by the Executive upon termination of his employment for any reason whatsoever or at any other time upon request of the BankCOO.

Appears in 1 contract

Samples: Employment Agreement (Applebees International Inc)

Confidentiality/Trade Secrets. The Executive acknowledges that his position with the Bank Company is one of the highest trust and confidence both by reason of his position and by reason of his access to and contact with the trade secrets and confidential and proprietary business information of the BankCompany. Both during the term of this Agreement and thereafter, the Executive therefore covenants and agrees as follows: a. He he shall use his best efforts and exercise utmost diligence to protect and to safeguard the trade secrets and/or and confidential and proprietary information of the Bank, Company including but not limited to the identity of its current or prospective customers, suppliers customers and licensorssuppliers, its arrangements with its customers, suppliers customers and licensorssuppliers, and its technical, technical and financial and marketing data, records, compilations of information, processes, programs, methods, techniques, recipes and specifications relating to its customers, suppliers, licensors, products, products and services; b. He he shall not disclose any of such trade secrets and/or and confidential and proprietary information, except as may be required in the course of his employment with the Bank Company or by law; and c. He he shall not use, directly or indirectly, for his own benefit or for the benefit of another, any of such trade secrets and/or and confidential and proprietary information. All files, records, documents, drawings, specifications, memoranda, notes, or other documents relating to the business of the BankCompany, whether prepared by the Executive or otherwise coming into his possession, shall be the exclusive property of the Bank Company and shall be delivered to the Bank Company and not reproduced and/or retained by the Executive upon termination of his employment for any reason whatsoever or at any other time upon request of the BankBoard.

Appears in 1 contract

Samples: Employment Agreement (Smith C D Drug Co)

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