Common use of No Disclosure or Use of Confidential Information Clause in Contracts

No Disclosure or Use of Confidential Information. At no time during Employee’s employment or thereafter shall Employee ever divulge, disclose, or otherwise use any Confidential Information for any purpose other than to do and perform the business and activities of the Consolidated Company, unless and until such information is readily available in the public domain by reason other than Employee’s disclosure or use thereof in violation of this Section 9, or unless such disclosure is required by law. Employee specifically acknowledges that the Confidential Information derives independent economic value from not being readily known, disclosed to or ascertainable by proper means by the public or the industry or business of the Consolidated Company, that reasonable efforts have been made by the Consolidated Company to maintain the secrecy of such Confidential Information, that such Confidential Information is the sole property of the Consolidated Company, is considered the Consolidated Company’s trade secrets, and that any retention, use or disclosure of such Confidential Information by Employee (except in the course of performing duties hereunder) shall constitute a misappropriation of trade secrets of the Consolidated Company and/or unfair competition.

Appears in 10 contracts

Samples: Employment Agreement (Alldigital Holdings, Inc.), Employment Agreement (Alldigital Holdings, Inc.), Employment Agreement (Alldigital Holdings, Inc.)

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