Common use of Nondisclosure of Trade Secrets and Confidential Information Clause in Contracts

Nondisclosure of Trade Secrets and Confidential Information. Employee agrees to protect the business interest of Corporation, its subsidiaries and affiliates, and not to disclose any trade secrets, confidential information or any organizations, operating, marketing, product design, or businesses know-how which Employee has access to or knowledge of as a result of his employment by Corporation. It is specifically agreed that if, at any time during the term of this Agreement and for a period of two (2) years after the date of Employee's termination of employment with Corporation for any reason, Employee shall violate the provisions of this Paragraph 17, Corporation shall, in addition to any rights it may have under this contract and applicable law, be entitled to liquidated damages of One Million Dollars ($1,000,000.00) which employee agrees to promptly pay Corporation upon demand. It is understood and agreed that Corporation's remedies under this Paragraph 17 shall be separate and in addition to the remedies provided to Corporation under Paragraph 16 hereof. It is also understood and agreed that, notwithstanding the foregoing two (2) year period, Employee shall not sxx or disclose any written confidential information or any policyholder lists at any time or times hereafter, except in the performance of Employee's obligations to the Corporation.

Nondisclosure of Trade Secrets and Confidential Information. Employee agrees to protect the business interest of Corporation, its subsidiaries and affiliates, and not to disclose any trade secrets, confidential information or any organizationsorganizational, operating, marketing, product design, or businesses business know-how which Employee has access to or knowledge of as a result of his employment by Corporation. It is specifically agreed that if, at any time during the term of this Agreement and for a period of two (2) years after the date of Employeeemployee's termination of employment with Corporation for any reason, Employee shall violate the provisions of this Paragraph 17paragraph 16, Corporation shall, in addition to any rights it may have under this contract and applicable law, be entitled to liquidated damages of One Million Dollars ($1,000,000.001,000,000) which employee Employee agrees to promptly pay Corporation upon demand. It is understood and agreed that Corporation's remedies under this Paragraph 17 paragraph 16 shall be separate and in addition to the remedies provided to Corporation under Paragraph 16 paragraph 15 hereof. It is also understood and agreed that, notwithstanding the foregoing two (2) year period, Employee shall not sxx use or disclose any written confidential information or any policyholder lists at any time or times hereafter, except in the performance of Employee's obligations to the Corporation.

Nondisclosure of Trade Secrets and Confidential Information. Employee agrees to protect the business interest of Corporation, its subsidiaries and affiliates, and not to disclose any trade secrets, confidential information or any organizationsorganizational, operating, marketing, product design, or businesses business know-how which Employee has access to or knowledge of as a result of his employment by Corporation. It is specifically agreed that if, at any time during the term of this Agreement and for a period of two (2) years after the date of Employee's employee’s termination of employment with Corporation for any reason, Employee shall violate the provisions of this Paragraph 17paragraph 16, Corporation shall, in addition to any rights it may have under this contract and applicable law, be entitled to liquidated damages of One Million Two Hundred and Fifty Thousand Dollars ($1,000,000.00250,000.00) which employee Employee agrees to promptly pay Corporation upon demand. It is understood and agreed that Corporation's ’s remedies under this Paragraph 17 paragraph 16 shall be separate and in addition to the remedies provided to Corporation under Paragraph 16 paragraph 15 hereof. It is also understood and agreed that, notwithstanding the foregoing two (2) year period, Employee shall not sxx use or disclose any written confidential information or any policyholder lists at any time or times hereafter, except in the performance of Employee's ’s obligations to the Corporation.

Nondisclosure of Trade Secrets and Confidential Information. Employee agrees to protect the business interest of Corporation, its subsidiaries and affiliates, and not to disclose any trade secrets, confidential information or any organizationsorganizational, operating, marketing, product design, or businesses business know-how which Employee has access to or knowledge of as a result of his employment by Corporation. It is specifically agreed that if, at any time during the term of this Agreement and for a period of two (2) years after the date of Employeeemployee's termination of employment with Corporation for any reason, Employee shall violate the provisions of this Paragraph 17paragraph 16, Corporation shall, in addition to any rights it may have under this contract and applicable law, be entitled to liquidated damages of One Million Dollars ($1,000,000.00) which employee Employee agrees to promptly pay Corporation upon demand. It is understood and agreed that Corporation's remedies under this Paragraph 17 paragraph 16 shall be separate and in addition to the remedies provided to Corporation under Paragraph 16 paragraph 15 hereof. It is also understood and agreed that, notwithstanding the foregoing two (2) year period, Employee shall not sxx use or disclose any written confidential information or any policyholder lists at any time or times hereafter, except in the performance of Employee's obligations to the Corporation.

Nondisclosure of Trade Secrets and Confidential Information. Employee agrees to protect the business interest of Corporation, its subsidiaries and affiliates, and not to disclose any trade secrets, confidential information or any organizationsorganizational, operating, marketing, product design, or businesses business know-how which Employee has access to or knowledge of as a result of his employment by Corporation. It is specifically agreed that if, at any time during the term of this Agreement and for a period of two (2) years after the date of Employeeemployee's termination of employment with Corporation for any reason, Employee shall violate the provisions of this Paragraph 17paragraph 16, Corporation shall, in addition to any rights it may have under this contract and applicable law, be entitled to liquidated damages of One Million Two Hundred and Fifty Thousand Dollars ($1,000,000.00250,000.00) which employee Employee agrees to promptly pay Corporation upon demand. It is understood and agreed that Corporation's remedies under this Paragraph 17 paragraph 16 shall be separate and in addition to the remedies provided to Corporation under Paragraph 16 paragraph 15 hereof. It is also understood and agreed that, notwithstanding the foregoing two (2) year period, Employee shall not sxx use or disclose any written confidential information or any policyholder lists at any time or times hereafter, except in the performance of Employee's obligations to the Corporation.

Nondisclosure of Trade Secrets and Confidential Information. Employee agrees to protect the business interest interests of Corporation, its subsidiaries and affiliates, and not to disclose any trade secrets, confidential information or any organizationsorganizational, operating, marketing, product design, or businesses business know-how which Employee has access to or knowledge of as a result of his employment by Corporation. It is specifically agreed that if, at any time during the term of this Agreement and for a period of two (2) years after the date of Employeeemployee's termination of employment with Corporation for any reason, Employee shall violate the provisions of this Paragraph 17paragraph 16, Corporation shall, in addition to any rights it may have under this contract and applicable law, be entitled to liquidated damages of One Million Two Hundred and Fifty Thousand Dollars ($1,000,000.00250,000.00) which employee Employee agrees to promptly pay Corporation upon demand. It is understood and agreed that Corporation's remedies under this Paragraph 17 paragraph 16 shall be separate and in addition to the remedies provided to Corporation under Paragraph 16 paragraph 15 hereof. It is also understood and agreed that, notwithstanding the foregoing two (2) year period, Employee shall not sxx use or disclose any written confidential information or any policyholder lists at any time or times hereafter, except in the performance of Employee's obligations to the Corporation.