Common use of Non-Disclosure of Sears Confidential Information Clause in Contracts

Non-Disclosure of Sears Confidential Information. 1. Executive will not, during the term of Executive’s employment with Sears (including the Leave) or thereafter, except as Sears may otherwise consent or direct in writing, reveal or disclose, sell, use, lecture upon or publish any “Sears Confidential Information” (as defined herein) until such time as the information becomes publicly known other than as a result of its disclosure, directly or indirectly, by Executive; and 2. Executive understands that if Executive possesses any proprietary information of another person or company as a result of prior employment or otherwise, Sears expects and requires that Executive will honor any and all legal obligations that Executive has to that person or company with respect to proprietary information, and Executive will refrain from any unauthorized use or disclosure of such information.

Appears in 5 contracts

Samples: Executive Severance Agreement, Executive Severance Agreement (Sears Holdings Corp), Executive Severance Agreement (Sears Holdings Corp)

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Non-Disclosure of Sears Confidential Information. 1. Executive will not, during the term of Executive’s employment with Sears or any Sears Affiliate (including the Leave) or thereafter, except as Sears may otherwise consent or direct in writing, reveal or disclose, sell, use, lecture upon or publish any “Sears Confidential Information” (as defined herein) until such time as the information becomes publicly known other than as a result of its disclosure, directly or indirectly, by Executive; and 2. Executive understands that if Executive possesses any proprietary information of another person or company as a result of prior employment or otherwise, Sears expects and requires that Executive will honor any and all legal obligations that Executive has to that person or company with respect to proprietary information, and Executive will refrain from any unauthorized use or disclosure of such information.

Appears in 1 contract

Samples: Executive Severance Agreement (Sears Holdings Corp)

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