Continued Confidentiality Clause Samples
The Continued Confidentiality clause ensures that the obligation to keep certain information confidential remains in effect even after the termination or expiration of an agreement. In practice, this means that parties are still required to protect and not disclose sensitive information, such as trade secrets or proprietary data, for a specified period or indefinitely, depending on the terms. This clause is essential for safeguarding valuable information beyond the life of the contract, preventing unauthorized use or disclosure after the business relationship ends.
Continued Confidentiality. The Employee acknowledges that the ------------------------- Employee possesses and will continue to possess information that has been created, discovered, developed or otherwise become known to the Company or in which property rights have been assigned or otherwise conveyed to the Company, which information has commercial value in the business in which the Company is engaged. All such information is hereinafter called "Proprietary Information." By way of illustration, but not limitation, Proprietary Information includes processes, formulas, codes, data, programs, know-how, improvements, discoveries, developments, designs, inventions, techniques, marketing plans, strategies, forecasts, new products, unpublished financial statements, budgets, projections, licenses, prices, costs, contracts and customer and supplier lists. In consideration of the compensation received by the Employee from the Company and the covenants contained in this Agreement, the Employee agrees as follows:
(a) All Proprietary Information is and shall continue to be the sole property of the Company and its assigns, and the Company and its assigns are and shall continue to be the sole owner of all rights in connection therewith. The Employee will keep in strictest confidence and trust all Proprietary Information and will not use or disclose any Proprietary Information without the written consent of the Company.
(b) All documents, records, equipment and other physical property, whether or not pertaining to Proprietary Information, furnished to the Employee by the Company or produced by the Employee or others in connection with the Employee's employment with the Company shall be and remain the sole property of the Company. The Employee has returned to the Company all documents, notes, drawings, specifications, programs, data, customer lists and other materials of any nature pertaining to the Employee's work with the Company, including any copies of such materials, and the Employee will not use any of the foregoing, any reproduction of any of the foregoing, or any Proprietary Information that is embodied in a tangible medium of expression.
(c) The Employee agrees that the Company has the right to inform subsequent employers about the Employee's obligation to maintain the confidentiality of the Company's Proprietary Information.
(d) The Proprietary Information and Inventions Agreement between the Employee and the Company shall remain in full force and effect.
Continued Confidentiality. Subject to FSG's rights to use the Escrow Materials as set forth in SECTION 6.4, the confidentiality obligations contained in SECTION 7 shall continue to govern the Escrow Materials after the release thereof.
Continued Confidentiality. Nothing contained herein shall be construed to alter or amend the Confidentiality Agreement or any part thereof, and the Parties acknowledge the continuing nature of the obligations to each other regarding confidential information as set forth therein. The termination or expiration of this Agreement shall not affect the ongoing obligations of confidentiality set forth in the Confidentiality Agreement.
Continued Confidentiality. Parties and their respective Counsel agree that Privileged Materials communicated under this Agreement shall continue to be held confidential and subject to privilege even if adversity of interest may subsequently be discerned or arise between them, unless (a) such materials no longer qualify as privileged communications as against third persons or (b) such materials originated from the Party seeking to remove them from the confidentiality requirements of this agreement and such materials were in no way derived from Privileged Materials of another Party and exchanged under this Agreement.