Common use of Covenant Against Disclosure Clause in Contracts

Covenant Against Disclosure. Executive covenants and agrees that all Confidential Information relating to the business and services of Myomo, any business partner, affiliate or customer of the same, shall be and remain the sole property and confidential business information of each of them, free of any rights of Executive. Executive further agrees not to make any use of the Confidential Information and not to disclose the information to third parties, without the prior written consent of Myomo, except in the performance of his duties hereunder or where disclosure is related to an investigation or action by the Securities and Exchange Commission or required by any other governmental agency that directs Executive to refrain from notifying Myomo. The obligations of Executive under this Paragraph 5(b) shall survive any termination of this Agreement. Executive agrees that, upon any termination of his employment with Myomo, for any reason, all Confidential Information in his possession, directly or indirectly, that is in written or other tangible form (together with all duplicates thereof) will forthwith be returned to Myomo or, at Myomo’s request shall be destroyed, and in either case will not be retained by Executive or furnished to any third party, either by sample, facsimile, film, audio, computer or video cassette, electronic data, verbal communication or any other means of communication.

Appears in 3 contracts

Samples: Employment Agreement (Myomo Inc), Employment Agreement (Myomo Inc), Employment Agreement (Myomo Inc)

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Covenant Against Disclosure. Executive covenants and agrees that all Confidential Information relating to the business and services of Myomothe Company, any business partner, affiliate or customer of the same, shall be and remain the sole property and confidential business information of each of them, free of any rights of Executive. Executive further agrees not to make any use of the Confidential Information and not to disclose the information to third parties, without the prior written consent of Myomothe Company, except in the performance of his Executive’s duties hereunder or where disclosure is related to an investigation or action by the Securities and Exchange Commission or required by any other governmental agency that directs Executive to refrain from notifying Myomothe Company. The obligations of Executive under this Paragraph 5(b) shall survive any termination of this Agreement. Executive agrees that, upon any termination of his Executive’s employment with Myomothe Company, for any reason, all Confidential Information in his Executive’s possession, directly or indirectly, that is in written or other tangible form (together with all duplicates thereof) will forthwith be returned to Myomo the Company or, at Myomothe Company’s request shall be destroyed, and in either case will not be retained by Executive or furnished to any third party, either by sample, facsimile, film, audio, computer or video cassette, electronic data, verbal communication or any other means of communication.

Appears in 1 contract

Samples: Employment Agreement (iANTHUS CAPITAL HOLDINGS, INC.)

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