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 organizational, operating, marketing, product design, or 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 termination of employment with Corporation for any reason, Employee shall violate the provisions of this paragraph 16, Corporation shall, in addition to any rights it may have under this contract and applicable law, be entitled to liquidated damages of Two Hundred and Fifty Thousand Dollars ($250,000.00) which Employee agrees to promptly pay Corporation upon demand. It is understood and agreed that Corporation’s remedies under this paragraph 16 shall be separate and in addition to the remedies provided to Corporation under paragraph 15 hereof. It is also understood and agreed that, notwithstanding the foregoing two (2) year period, Employee shall not 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 organizationalorganizations, operating, marketing, product design, or business 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 Employee's termination of employment with Corporation for any reason, Employee shall violate the provisions of this paragraph 16Paragraph 17, Corporation shall, in addition to any rights it may have under this contract and applicable law, be entitled to liquidated damages of Two Hundred and Fifty Thousand One Million Dollars ($250,000.001,000,000.00) which Employee employee agrees to promptly pay Corporation upon demand. It is understood and agreed that Corporation’s 's remedies under this paragraph 16 Paragraph 17 shall be separate and in addition to the remedies provided to Corporation under paragraph 15 Paragraph 16 hereof. It is also understood and agreed that, notwithstanding the foregoing two (2) year period, Employee shall not use sxx 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 interests of Corporation, its subsidiaries and affiliates, and not to disclose any trade secrets, confidential information or any organizational, operating, marketing, product design, or 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 's termination of employment with Corporation for any reason, Employee shall violate the provisions of this paragraph 16, Corporation shall, in addition to any rights it may have under this contract and applicable law, be entitled to liquidated damages of Two Hundred and Fifty Thousand Dollars ($250,000.00) which Employee agrees to promptly pay Corporation upon demand. It is understood and agreed that Corporation’s 's remedies under this paragraph 16 shall be separate and in addition to the remedies provided to Corporation under paragraph 15 hereof. It is also understood and agreed that, notwithstanding the foregoing two (2) year period, Employee shall not 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 organizational, operating, marketing, product design, or 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 's termination of employment with Corporation for any reason, Employee shall violate the provisions of this paragraph 16, Corporation shall, in addition to any rights it may have under this contract and applicable law, be entitled to liquidated damages of Two Hundred and Fifty Thousand Dollars ($250,000.00) which Employee agrees to promptly pay Corporation upon demand. It is understood and agreed that Corporation’s 's remedies under this paragraph 16 shall be separate and in addition to the remedies provided to Corporation under paragraph 15 hereof. It is also understood and agreed that, notwithstanding the foregoing two (2) year period, Employee shall not 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 organizational, operating, marketing, product design, or 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 's termination of employment with Corporation for any reason, Employee shall violate the provisions of this paragraph 16, Corporation shall, in addition to any rights it may have under this contract and applicable law, be entitled to liquidated damages of Two Hundred and Fifty Thousand One Million Dollars ($250,000.001,000,000.00) which Employee agrees to promptly pay Corporation upon demand. It is understood and agreed that Corporation’s 's remedies under this paragraph 16 shall be separate and in addition to the remedies provided to Corporation under paragraph 15 hereof. It is also understood and agreed that, notwithstanding the foregoing two (2) year period, Employee shall not 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 organizational, operating, marketing, product design, or 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 's termination of employment with Corporation for any reason, Employee shall violate the provisions of this paragraph 16, Corporation shall, in addition to any rights it may have under this contract and applicable law, be entitled to liquidated damages of Two Hundred and Fifty Thousand One Million Dollars ($250,000.001,000,000) which Employee agrees to promptly pay Corporation upon demand. It is understood and agreed that Corporation’s 's remedies under this paragraph 16 shall be separate and in addition to the remedies provided to Corporation under paragraph 15 hereof. It is also understood and agreed that, notwithstanding the foregoing two (2) year period, Employee shall not 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.