Common use of Disclosure during the Term Clause in Contracts

Disclosure during the Term. The Executive shall promptly -------------------------- disclose to the Company in such form and manner as the Company may reasonably require (a) all operations, systems, services, methods, developments, inventions, improvements and other information or data pertaining to the business or activities of the Company and its Affiliates as are conceived, originated, discovered or developed by Executive (whether or not copyrighted or patented or capable of being copyrighted or patented) during the Employment Term (whether before or after the date hereof), and (b) such information and data pertaining to the business, operations, personnel, activities, financial affairs, and other information relating to the Company and its Affiliates and their respective customers, suppliers, employees and other persons having business dealings with the Company and its Affiliates as may be reasonably required for the Company to operate its business. It is understood that such information is proprietary in nature and shall (as between the Company and Executive) be for the exclusive use and benefit of the Company and shall be and remain the property of the Company both during the Employment Term and thereafter. If so requested by the Company, the Executive shall execute and deliver to the Company any instrument as the Company may reasonably request to effectuate the assignment of any such proprietary information to the Company. Without limiting the generality of the foregoing, the Executive hereby releases and waives and assigns to the Company any and all claims and rights which he has against the Company or any Affiliate thereof or any of the technology, "know-how," licenses or other proprietary rights or processes of the Company or any Affiliate thereof.