Common use of Non-Disclosure of Business Information Clause in Contracts

Non-Disclosure of Business Information. The Executive acknowledges and agrees that by virtue of his employment with the Company, the Executive will obtain such knowledge, know-how, training and experience that is not generally known by those engaged in the Internet or World Wide Web industry ("Trade Secrets"), and there is a possibility that such knowledge, know-how, training and experience could be used by a competitor of the Company to the Company's detriment. Therefore, the Executive covenants and agrees, as follows: (a) the Executive agrees that he will not, at any time during or after the Employment Term, disclose, reproduce, assign or transfer to any person, firm, corporation or other business entity, except as required by law, any Trade Secrets concerning the business, finances, patents, affairs, business plans, strategies, methods, software, hardware, results from ongoing investigations from others, and present and future plans of the Company, any subsidiary or affiliate thereof or any company formed or founded by the Company at any time for any reason or purpose whatsoever, without the Company's express written consent; nor shall the Executive make use of any such Trade Secrets for his own purpose or for the benefit of any person, firm, corporation or other business entity, except the Company or any subsidiary or affiliate thereof and upon the termination of the Executive's employment for any reason, the Executive will immediately return all books, files, papers, records and documents of any kind (including those contained in computer disks) relating to the business of the Company; (b) during the period which the Executive is employed by the Company and for a period of one year thereafter, the Executive shall not, without the prior written consent of the Company, engage in, for any purpose whatsoever, any activity that competes directly with the Company, except that the Executive shall have no obligations under this clause (b) in the event he is terminated by the Company without Cause or he elects to terminate his employment for Good Reason, and (c) the Executive shall not, without the prior written consent of the Company, within the one year period following the termination of his employment solicit any employee of the Company to join the Executive as a partner, employee or consultant in any Internet or World Wide Web related enterprise that competes directly with the Company.

Non-Disclosure of Business Information. The Executive Employee acknowledges and agrees that by virtue of his employment with the CompanyCorporation, the Executive Employee will obtain such knowledge, know-how, training and experience that is not generally known by to those engaged in the computer or tele-communications industry or with respect to the Internet or World Wide Web industry ("Trade Secrets"), and there is a possibility that such knowledge, know-how, training and experience could be used by a competitor of the Company Corporation to the CompanyCorporation's detriment. Therefore, the Executive Employee covenants and agrees, as follows: (a) the Executive Employee agrees that he will not, at any time during or after the Employment Termterm of employment, disclose, reproduce, assign or transfer to any person, firm, corporation or other business entity, except as required by law, any Trade Secrets concerning the business, finances, patentsclients, affairs, business plans, strategies, methods, software, hardware, results from ongoing on-going investigations from by others, and present and future plans of the CompanyCorporation, any subsidiary or affiliate thereof or any company formed or founded funded by the Company Corporation at any time for any reason or purpose whatsoever, without the CompanyCorporation's express written consent; nor shall the Executive Employee make use of any of such Trade Secrets for his own purpose or for the benefit of any person, firm, corporation or other business entity, except the Company Corporation or any subsidiary or affiliate thereof and upon the thereof. Upon termination of the Executive's employment for any reason, the Executive Employee will immediately return all books, files, papers, records records, and documents of any kind (including those contained in computer disks) relating to the business of the CompanyCorporation; (b) 6 during the period which the Executive is employed by the Company term of this Agreement and for a period of one year thereafter, the Executive Employee shall not, without the prior written consent of the CompanyCorporation, engage in, for any purpose whatsoever, any activity that competes directly with the Company, except that the Executive shall have no obligations under this clause (b) in the event he is terminated by the Company without Cause Corporation; or he elects to terminate his employment for Good Reason, and (c) the Executive Employee shall not, without the prior written consent of the CompanyCorporation, within the one year period following the termination or expiration of his employment this Agreement solicit any employee employees of the Company corporation to join the Executive Employee as a partner, partner or employee or consultant in any Internet computer or World Wide Web tele-communications related enterprise that competes directly with the Companyenterprise.