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

Non-Disclosure of Confidential Information and Trade Secrets. (i) During the course of Executive’s employment with the Company, Executive will acquire and have access to Confidential Information and Trade Secrets belonging to the Company, its affiliates, subsidiaries, divisions and joint ventures (collectively referred to as the “Company” throughout and for purposes of this Section 9). Such Confidential Information and Trade Secrets include, without limitation, business and technical information, whatever its nature and form and whether obtained orally, by observation, from written materials or otherwise, as for example: (A) financial and business information, such as information with respect to costs, commissions, fees, profits, profit margins, sales, markets, mailing lists, accounts receivables and accounts payables, pricing strategies, strategies and plans for future business, new business, product or other development, potential acquisitions or divestitures, and new marketing ideas; (B) marketing information, such as information on markets, end users and applications, the identity of the Company’s customers, vendors, suppliers, and distributors, their names and addresses, the names of representatives of the Company’s customers, vendors, distributors or suppliers responsible for entering into contracts with the Company, the Company’s financial arrangements with its distributors and suppliers, the amounts paid by such customers to the Company, specific customer needs and requirements, leads and referrals to prospective customers; and (C) personnel information, such as the identity and number of the Company’s employees, personal information such as social security numbers, skills, qualifications, and abilities. Executive acknowledges and agrees that the Confidential Information and Trade Secrets are not generally known or available to the general public, but have been developed, complied or acquired by the Company at its great effort and expense and for commercial advantage and, therefore, takes every reasonable precaution to prevent the use or disclosure of any part of it by or to unauthorized persons. Confidential Information and Trade Secrets can be in any form or media, whether oral, written or machine readable, including electronic files. (ii) Executive agrees he will not, while associated with the Company and for so long thereafter as the pertinent information or documentation remains confidential, directly or indirectly use, disclose or disseminate to any other person, organization or entity or otherwise use any Confidential Information and Trade Secrets, except as specifically required in the performance of Executive’s duties on behalf of the Company or with prior written authorization from the Board.

Non-Disclosure of Confidential Information and Trade Secrets. (i) During the course of Executivethe Employee’s employment as Chief Administrative Officer with the Company, Executive will acquire the Employee has acquired and have access to Confidential Information accessed confidential, secret and Trade Secrets belonging proprietary documents, trade secrets and other information not generally known to the Companypublic or generally known in the industry, in tangible and intangible form, of and relating to the Company Group and its affiliatesbusinesses, subsidiariesexisting and prospective customers, divisions suppliers, investors and joint ventures other associated third parties (collectively referred to as the “Company” throughout and for purposes of this Section 9Confidential Information”). Such Confidential Information and Trade Secrets includeincludes, without limitation, business and technical information, whatever its nature and form and whether obtained orally, by observation, from written materials or otherwise, as for example: (A) financial and business information, such as information with respect to costs, commissions, fees, profits, profit margins, sales, markets, mailing lists, accounts receivables and accounts payables, pricing strategies, strategies and plans for future business, new business, product or other development, potential acquisitions or divestitures, and new marketing ideas; (B) marketing information, such as information on markets, end users and applications, the identity of the CompanyCompany Group’s customers, vendors, suppliers, and distributors, their names and addresses, the names of representatives of the CompanyCompany Group’s customers, vendors, distributors or suppliers responsible for entering into contracts with the CompanyCompany Group, the CompanyCompany Group’s financial arrangements with its distributors and suppliers, the amounts paid by such customers to the Company, specific customer needs and requirements, leads and referrals to prospective customers; and (C) personnel information, such as the identity and number of the CompanyCompany Group’s employeesemployees and their compensation, personal information such as social security numbers, skills, qualifications, and abilities. Executive The Employee acknowledges and agrees that the Confidential Information and Trade Secrets are not generally known or available to the general public, but have been developed, complied or acquired by the Company at its great effort and expense and for commercial advantage and, therefore, takes every reasonable precaution to prevent the use or disclosure of any part of it by or to unauthorized persons. Confidential Information and Trade Secrets can be in any form or media, whether oral, written or machine readable, including electronic files. (ii) Executive The Employee agrees he she will not, while associated with the Company Group and for so long thereafter as the pertinent information or documentation remains confidential, directly or indirectly use, disclose or disseminate to any other person, organization or entity or otherwise use any Confidential Information and Trade SecretsInformation, except as specifically required in the performance of Executive’s duties on behalf of the Company or with prior written authorization from the BoardCompany’s Board of Directors.