Common use of Non-Disclosure of Third Party Information Clause in Contracts

Non-Disclosure of Third Party Information. You understand that the Company will receive from third parties confidential or proprietary information (“Third Party Information”) subject to a duty on the Company’s part to maintain the confidentiality of such information and to use it only for certain limited purposes. During the Employment Period and thereafter, and without in any way limiting the provisions of Subsection 7.1 and 7.2 above, you will hold Third Party Information in the strictest confidence and will not disclose to anyone (other than personnel and consultants of the Company who need to know such information in connection with their work for the Company or use, except in connection with your work for the Company Third Party Information unless expressly authorized by a member of the Board in writing. Except as may be expressly set forth in an agreement between the Company, on the one hand, and a third party, on the other hand, relating to Third Party Information, these restrictions do not apply to any Third Party Information that (i) becomes generally known to and available for use by the public other than as a result of your acts or omissions to act, (ii) was known to you prior to your employment with the Company or (iii) is required to be disclosed pursuant to any applicable law or court order.

Appears in 3 contracts

Samples: Executive Employment Agreement (Solera Holdings, Inc), Executive Employment Agreement (Solera Holdings, Inc), Executive Employment Agreement (Solera Holdings, Inc)

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Non-Disclosure of Third Party Information. You understand that the Company Company, will receive from third parties confidential or proprietary information (“Third Party Information”) subject to a duty on the Company’s part to maintain the confidentiality of such information and to use it only for certain limited purposes. During the Employment Period and thereafter, and without in any way limiting the provisions of Subsection 7.1 and 7.2 above, you will hold Third Party Information in the strictest confidence and will not disclose to anyone (other than personnel and consultants of the Company who need to know such information in connection with their work for the Company or use, except in connection with your work for the Company Third Party Information unless expressly authorized by a member of the Board in writing. Except as may be expressly set forth in an agreement between the Company, on the one hand, and a third party, on the other hand, relating to Third Party Information, these restrictions do not apply to any Third Party Information that (i) becomes generally known to and available for use by the public other than as a result of your acts or omissions to act, (ii) was known to you prior to your employment with the Company or (iii) is required to be disclosed pursuant to any applicable law or court order.

Appears in 2 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (Solera Holdings, Inc)

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