Common use of Non-Disclosure and Use of Trade Secrets Clause in Contracts

Non-Disclosure and Use of Trade Secrets. During the Period of Employment and after the termination, the Executive will not: (a) use or disclose the Company’s trade secret information to, directly or indirectly, through any other individual or entity, induce or attempt to induce any employee or independent contractor of the Company to leave the employment or service of the Company, or in any way interfere with the relationship between the Company, on the one hand, and any employee or independent contractor thereof, on the other hand; (b) solicit Confidential Information (as defined the Confidentiality Agreement), including trade secrets, from any employee of the Company which the Executive knows or has reason to know is likely to have access to such information; or (c) use or disclose the Company’s trade secret information to identify existing or prospective customers, to facilitate (directly or indirectly) the solicitation of such existing and prospective customers or to influence customers, vendors, suppliers, licensors, lessors, joint venturers, associates, consultants, agents, or partners of the Company to divert their business away from the Company. Further, the Executive will not use the Company’s trade secret information to otherwise interfere with, disrupt or attempt to disrupt the business relationships, contractual or otherwise, of the Company or to otherwise unfairly compete with the Company.

Appears in 5 contracts

Samples: Executive Employment Agreement (AppTech Payments Corp.), Executive Employment Agreement (AppTech Corp.), Executive Employment Agreement (AppTech Corp.)

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