Common use of Covenant Regarding Nucor’s Secret Information Clause in Contracts

Covenant Regarding Nucor’s Secret Information. Executive recognizes and agrees that he will have continued access to certain sensitive and confidential information of Nucor, its subsidiaries and affiliates (a) that is not generally known in the steel business, which would be difficult for others to acquire or duplicate without improper means, (b) that Nucor strives to keep secret, and (c) from which Nucor derives substantial commercial benefit because of the fact that it is not generally known (the “Secret Information”). As used in this Agreement, Nucor’s Secret Information includes, without limitation: (i) Nucor’s process of developing and producing raw material, and designing and manufacturing steel and iron products; (ii) Nucor’s process for treating, processing or fabricating steel and iron products; (iii) Nucor’s non-public financial data, strategic business plans, competitor analysis, sales and marketing data, and proprietary margin, pricing, and cost data; and (iv) any other information or data which meets the definition of “trade secrets” under applicable law. Executive agrees that unless he is expressly authorized by Nucor in writing, Executive will not use or disclose or allow to be used or disclosed Nucor’s Secret Information. This covenant shall survive until the Secret Information is generally known in the industry through no act or omission of the Executive or until Nucor knowingly authorizes the disclosure of or discloses the Secret Information, without any limitations on use or confidentiality. Executive acknowledges that he did not have knowledge of Nucor’s Secret Information prior to his employment with Nucor and that the Secret Information does not include Executive’s general skills and know-how.

Covenant Regarding Nucor’s Secret Information. Executive recognizes and agrees that he will have continued access to certain sensitive and confidential information of Nucor, its subsidiaries and affiliates Nucor (a) that is not generally known in the steel business, which would be difficult for others to acquire or duplicate without improper means, (b) that Nucor strives to keep secret, and (c) from which Nucor derives substantial commercial benefit because of the fact that it is not generally known (the “Secret Information”). As used in this Agreement, Nucor’s Secret Information includes, including without limitation: (i) Nucor’s process of developing developing, processing, recycling and producing raw materialmaterial (including ferrous and non-ferrous scrap metal and substitutes thereof), and designing and manufacturing steel and iron products; (ii) Nucor’s process for treating, processing or fabricating steel and iron products; (iii) Nucor’s non-public financial data, strategic business plans, competitor analysis, purchase, sales and marketing data, and proprietary margin, pricing, and cost data; and (iv) any other information or data which meets the definition of “trade secrets” under applicable lawthe North Carolina Trade Secrets Protection Act. Executive agrees that unless he is expressly authorized by Nucor in writing, Executive will not use or disclose or allow to be used or disclosed Nucor’s Secret Information. This covenant shall survive until the Secret Information is generally known in the industry through no act or omission of the Executive or until Nucor knowingly authorizes the disclosure of or discloses the Secret Information, without any limitations on use or confidentiality. Executive acknowledges that he did not have knowledge of Nucor’s Secret Information prior to his employment with Nucor and that the Secret Information does not include Executive’s general skills and know-how.

Covenant Regarding Nucor’s Secret Information. (a) Executive recognizes and agrees that he she will have continued access to certain sensitive and confidential information of Nucor, its subsidiaries and affiliates Nucor (ai) that is not generally known in the steel businessBusiness, which would be difficult for others to acquire or duplicate without improper means, (bii) that Nucor strives to keep secret, and (ciii) from which Nucor derives substantial commercial benefit because of the fact that it is not generally known (collectively, the “Secret Information”). As used in this Agreement, Nucor’s Secret Information includes, without limitation: (iA) Nucor’s process of developing and producing raw material, and designing and manufacturing steel and iron products; (iiB) Nucor’s process for treating, processing or fabricating steel and iron products; (iiiC) Nucor’s customer, supplier and vendor lists, non-public financial data, strategic business plans, competitor analysis, sales and marketing data, and proprietary margin, pricing, and cost data; and (ivD) any other information or data which meets the definition of “trade secrets” under applicable lawthe North Carolina Trade Secrets Protection Act. Executive agrees that unless he she is expressly authorized by Nucor in writing, Executive will not use or disclose or allow to be used or disclosed Nucor’s Secret Information. This covenant shall survive until the Secret Information is generally known in the industry through no act or omission of the Executive or until Nucor knowingly authorizes the disclosure of or discloses the Secret Information, without any limitations on use or confidentiality. Executive acknowledges that he she did not have knowledge of Nucor’s Secret Information prior to his her employment with Nucor and that the Secret Information does not include Executive’s general skills and know-how.