Common use of Disclosure of Trade Secrets Clause in Contracts

Disclosure of Trade Secrets. Employee further recognizes and acknowledges that the secret processes, procedures, list of customers, bidding methods, all discoveries and inventions, together with all knowledge and information which the Employee shall acquire during the term of this agreement affecting the business of the Employer, are valuable, special and unique assets of the employer, and Employee agrees that he shall not, during or after the term of his employment, disclose said secret processes, procedures, list of customers, bidding methods, any discoveries and inventions, together with any knowledge and information which the Employee shall acquire during the term of this Agreement affecting the business of the Employer, to any person, firm, corporation, association or other entity for any reason or purpose whatsoever except for any bona fide Employer business purpose designated and approved by the Board. The Employee further agrees not to divulge or publish or authorize anyone else to divulge or publish during or after the term of this Agreement knowledge of said secret processes, procedures, list of customers, bidding methods, discoveries or inventions or any other confidential information acquired in the course of his employment concerning the Employer's business.