Common use of Information Held in Trust – Xx Clause in Contracts

Information Held in Trust – Xx. Xxxxxx acknowledges and agrees that all business and trade secrets, confidential information and knowledge which Xx. Xxxxxx acquires during her employment with QLT relating to the business and affairs of QLT, its affiliates or subsidiaries or to technology, systems, programs, ideas, products or services which have been or are being developed or utilized by QLT, its affiliates or subsidiaries or in which QLT, its affiliates or subsidiaries are or may become interested (collectively, “Confidential Information”), will for all purposes and at all times, both during the term of Xx. Xxxxxx’x employment with QLT and at all times thereafter, be held by Xx. Xxxxxx in trust and used by Xx. Xxxxxx only for the exclusive benefit of QLT.

Appears in 2 contracts

Samples: Employment Agreement (QLT Inc/Bc), Employment Agreement (QLT Inc/Bc)

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Information Held in Trust – Xx. Xxxxxx Xxx acknowledges and agrees that all business and trade secrets, confidential information and knowledge which Xx. Xxxxxx Xxx acquires during her his employment with QLT relating to the business and affairs of QLT, its affiliates or subsidiaries or to technology, systems, programs, ideas, products or services which have been or are being developed or utilized by QLT, its affiliates or subsidiaries or in which QLT, its affiliates or subsidiaries are or may become interested and which QLT treats and maintains as confidential (and is not otherwise known or in the public domain) (collectively, “Confidential Information”), will for all purposes and at all times, both during the term of Xx. Xxxxxx’x Xxx’x employment with QLT and at all times thereafter, be held by Xx. Xxxxxx Xxx in trust and used by Xx. Xxxxxx Xxx only for the exclusive benefit of QLT.

Appears in 1 contract

Samples: Employment Agreement (QLT Inc/Bc)

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Information Held in Trust – Xx. Xxxxxx Xxxxx acknowledges and agrees that all business and trade secrets, confidential information and knowledge which Xx. Xxxxxx Xxxxx acquires during her employment with QLT relating to the business and affairs of QLT, its affiliates or subsidiaries or to technology, systems, programs, ideas, products or services which have been or are being developed or utilized by QLT, its affiliates or subsidiaries or in which QLT, its affiliates or subsidiaries are or may become interested (collectively, “Confidential Information”), will for all purposes and at all times, both during the term of Xx. Xxxxxx’x Xxxxx’ employment with QLT and at all times thereafter, be held by Xx. Xxxxxx Xxxxx in trust and used by Xx. Xxxxxx Xxxxx only for the exclusive benefit of QLT.

Appears in 1 contract

Samples: Employment Agreement (QLT Inc/Bc)

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