Common use of No Disclosure of Proprietary Information Clause in Contracts

No Disclosure of Proprietary Information. 4.1 Seller hereby agrees that he will not directly or indirectly disclose to anyone, or use or otherwise exploit for his own benefit or for the benefit of anyone other than Buyer and the Asset and their respective subsidiaries, any Trade Secrets for as long as they remain Trade Secrets, except as permitted by Section 5 of this Agreement. 4.2 Seller hereby agrees that, during the Restricted Period, Seller will not directly or indirectly disclose to anyone, or use or otherwise exploit for Seller's own benefit or for the benefit of anyone other than Buyer and the Asset and their respective subsidiaries, any Confidential Information, except as permitted by Section 5 of this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Maximum Dynamics Inc), Asset Purchase Agreement (Maximum Dynamics Inc)

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No Disclosure of Proprietary Information. 4.1 Seller hereby agrees that he will not directly or indirectly disclose to anyone, or use or otherwise exploit for his own benefit or for the benefit of anyone other than Buyer Intrepid and the Asset Company and their respective subsidiaries, any Trade Secrets for as long as they remain Trade Secrets, except as permitted by Section 5 of this Agreement. 4.2 Seller hereby agrees that, during the Restricted Period, Seller will not directly or indirectly disclose to anyone, or use or otherwise exploit for Seller's own benefit or for the benefit of anyone other than Buyer Intrepid and the Asset Company and their respective subsidiaries, any Confidential Information, except as permitted by Section 5 of this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (Intrepid Capital Corp)

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No Disclosure of Proprietary Information. 4.1 (a) Seller hereby agrees that he it will not not, directly or indirectly indirectly, disclose to anyone, or use or otherwise exploit for his its own benefit or for the benefit of anyone other than Buyer and the Asset and their respective subsidiariesBuyer, any Trade Secrets (including the aforementioned supplier list) for as so long as they remain Trade Secrets, except as permitted by Section 5 of this Agreement. 4.2 (b) Seller hereby agrees thatthat for a period of two (2) years from and after the date of this Agreement it will not, during the Restricted Period, Seller will not directly or indirectly indirectly, disclose to anyone, or use or otherwise exploit for Seller's its own benefit or for the benefit of anyone other than Buyer and the Asset and their respective subsidiariesBuyer, any Confidential Information, except as permitted by Section 5 of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Crown Crafts Inc)

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