Common use of Non-Disclosure; Confidentiality Clause in Contracts

Non-Disclosure; Confidentiality. Employee acknowledges and agrees as follows: (a) In connection with his employment with the Company, Employee may become aware of or familiar with processes, formulae, procedures, information and materials which the Company has spent a great deal of time and money to develop, which are essential to the business of the Company, and which comprise confidential information and trade secrets of the Company (collectively called "Trade Secrets"). The term "Trade Secret" does not include any process, formula, procedure, information or material which is currently in the public domain, currently known by Employee or which hereafter becomes public knowledge in a way that does not involve a breach of an obligation of confidentiality. Notwithstanding the foregoing, Employee acknowledges and agrees that any process, formula, procedure, information or material of which he becomes aware during his employment with the Company is presumed to be a Trade Secret unless the Company advises Employee, in writing, that it is not a Trade Secret.