Common use of Non-Disclosure and Non-Use of Proprietary Information Clause in Contracts

Non-Disclosure and Non-Use of Proprietary Information. During the Officer’s employment by the Company and for a period of five (5) years thereafter, the Officer covenants and agrees that the Officer (a) shall not disclose to others or use for the benefit of himself or others, any of the Company’s Proprietary Information, except that the Officer may disclose such information (i) in the course of and in furtherance of the Officer’s employment with the Company to the extent necessary for the benefit of the Company, (ii) with the prior specific written consent of the Board of Directors of the Company, or (iii) to the extent required by law; and (b) shall take all measures reasonably necessary to preserve the confidentiality of all Proprietary Information of the Company known to the Officer, shall cooperate fully with the Company’s or its affiliates’ enforcement of measures intended to preserve the confidentiality of all Proprietary Information, and shall notify the Board of Directors immediately upon receiving any request for, or making any disclosure of, any Proprietary Information from or to any person other than an officer or employee of the Company or of one of its affiliates who has a need to know such information.

Appears in 6 contracts

Samples: Employment Agreement (Power 3 Medical Products Inc), Employment Agreement (Power 3 Medical Products Inc), Employment Agreement (Power 3 Medical Products Inc)

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Non-Disclosure and Non-Use of Proprietary Information. During the Officer’s 's employment by the Company and for a period of five (5) years thereafter, the Officer covenants and agrees that the Officer (a) shall not disclose to others or use for the benefit of himself or others, any of the Company’s 's Proprietary Information, except that the Officer may disclose such information (i) in the course of and in furtherance of the Officer’s 's employment with the Company to the extent necessary for the benefit of the Company, (ii) with the prior specific written consent of the Board of Directors of the Company, or (iii) to the extent required by law; and (b) shall take all measures reasonably necessary to preserve the confidentiality of all Proprietary Information of the Company known to the Officer, shall cooperate fully with the Company’s 's or its affiliates' enforcement of measures intended to preserve the confidentiality of all Proprietary Information, and shall notify the Board of Directors immediately upon receiving any request for, or making any disclosure of, any Proprietary Information from or to any person other than an officer or employee of the Company or of one of its affiliates who has a need to know such information.

Appears in 6 contracts

Samples: Employment Agreement (Power 3 Medical Products Inc), Employment Agreement (Power 3 Medical Products Inc), Employment Agreement (Power 3 Medical Products Inc)

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Non-Disclosure and Non-Use of Proprietary Information. During the Officer’s 's employment by the Company and for a period of five ten (510) years thereafter, the Officer covenants and agrees that the Officer (a) shall not disclose to others or use for the benefit of himself or others, any of the Company’s 's Proprietary Information, except that the Officer may disclose such information (i) in the course of and in furtherance of the Officer’s 's employment with the Company to the extent necessary for the benefit of the Company, (ii) with the prior specific written consent of the Board of Directors of the Company, or (iii) to the extent required by law; and (b) shall take all measures reasonably necessary to preserve the confidentiality of all Proprietary Information of the Company known to the Officer, shall cooperate fully with the Company’s 's or its affiliates' enforcement of measures intended to preserve the confidentiality of all Proprietary Information, and shall notify the Board of Directors immediately upon receiving any request for, or making any disclosure of, any Proprietary Information from or to any person other than an officer or employee of the Company or of one of its affiliates who has a need to know such information.

Appears in 1 contract

Samples: Employment Agreement (Advanced Bio/Chem Inc)

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