Common use of Obligation to Keep Confidential Clause in Contracts

Obligation to Keep Confidential. The Employee acknowledges that the Employee’s employment by the Company brings the Employee into close contact with many confidential affairs of the Company, its subsidiaries and its customers, including, without limitation, information about costs, profits, markets, sales, key personnel, pricing policies, operational methods, concepts, and other business affairs and methods of the Company, its subsidiaries and its customers and other information not readily available to the public, as well as plans for future developments (collectively referred to hereinafter as “Proprietary Information”). The Employee further acknowledges that the relationships between the Company, its subsidiaries and its officers, employees, agents, and customers constitute a valuable asset of the Company (the “Other Proprietary Assets”). In recognition of the foregoing, the Employee covenants and agrees: (i) That all Proprietary Information and Other Proprietary Assets shall be the exclusive property of the Company and that the Employee will keep secret all Proprietary Information and Other Proprietary Assets and will not use the same for the Employee’s own benefit or disclose the same to, or use the same for the benefit of, anyone outside of the Company, either during or after the Employee’s employment by the Company; and (ii) That Employee will deliver promptly to the Company on termination of Employee’s employment by the Company, or at any time the Board may so request, all Proprietary Information and Other Proprietary Assets, including, without limitation, all memoranda, notes, documentation, data, records, reports and other tangible manifestations of the Proprietary Information and Other Proprietary Assets (and all copies thereof), that Employee may then (or thereafter) possess or have under the Employee’s control.

Appears in 4 contracts

Samples: Employment Agreement (Hanover Capital Mortgage Holdings Inc), Employment Agreement (Hanover Capital Mortgage Holdings Inc), Employment Agreement (Hanover Capital Mortgage Holdings Inc)

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Obligation to Keep Confidential. The Employee acknowledges that the Employee’s her employment by the Company brings the Employee her into close contact with many confidential affairs of the Company, its subsidiaries and its customers, including, without limitation, information about costs, profits, markets, sales, key personnel, pricing policies, operational methods, concepts, and other business affairs and methods of the Company, its subsidiaries and its customers and other information not readily available to the public, as well as plans for future developments (collectively referred to hereinafter as "Proprietary Information"). The Employee further acknowledges that the relationships between the Company, its subsidiaries and its officers, employees, agents, and customers constitute a valuable asset of the Company (the "Other Proprietary Assets"). In recognition of the foregoing, the Employee covenants and agrees: (i) That all Proprietary Information and Other Proprietary Assets shall be the exclusive property of the Company and that the Employee will keep secret all Proprietary Information and Other Proprietary Assets and will not use the same for the Employee’s 's own benefit or disclose the same to, or use the same for the benefit of, anyone outside of the Company, either during or after the Employee’s 's employment by the Company; and (ii) That Employee will deliver promptly to the Company on termination of Employee’s 's employment by the Company, or at any time the Board may so request, all Proprietary Information and Other Proprietary Assets, including, without limitation, all memoranda, notes, documentation, data, records, reports and other tangible manifestations of the Proprietary Information and Other Proprietary Assets (and all copies thereof), that Employee may then (or thereafter) possess or have under the Employee’s 's control.

Appears in 2 contracts

Samples: Employment Agreement (Hanover Capital Holdings Inc), Employment Agreement (Hanover Capital Holdings Inc)

Obligation to Keep Confidential. The Employee acknowledges that the Employee’s his employment by the Company brings the Employee him into close contact with many confidential affairs of the Company, its subsidiaries and its customers, including, without limitation, information about costs, profits, markets, sales, key personnel, pricing policies, operational methods, concepts, and other business affairs and methods of the Company, its subsidiaries and its customers and other information not readily available to the public, as well as plans for future developments (collectively referred to hereinafter as "Proprietary Information"). The Employee further acknowledges that the relationships between the Company, its subsidiaries and its officers, employees, agents, and customers constitute a valuable asset of the Company (the "Other Proprietary Assets"). In recognition of the foregoing, the Employee covenants and agrees: (i) That all Proprietary Information and Other Proprietary Assets shall be the exclusive property of the Company and that the Employee will keep secret all Proprietary Information and Other Proprietary Assets and will not use the same for the Employee’s 's own benefit or disclose the same to, or use the same for the benefit of, anyone outside of the Company, either during or after the Employee’s 's employment by the Company; and (ii) That Employee will deliver promptly to the Company on termination of Employee’s 's employment by the Company, or at any time the Board may so request, all Proprietary Information and Other Proprietary Assets, including, without limitation, all memoranda, notes, documentation, data, records, reports and other tangible manifestations of the Proprietary Information and Other Proprietary Assets (and all copies thereof), that Employee may then (or thereafter) possess or have under the Employee’s 's control.

Appears in 2 contracts

Samples: Employment Agreement (Hanover Capital Holdings Inc), Employment Agreement (Hanover Capital Holdings Inc)

Obligation to Keep Confidential. The Employee acknowledges that the Employee’s her employment by the Company brings the Employee him into close contact with many confidential affairs of the Company, its subsidiaries and its customers, including, without limitation, information about costs, profits, markets, sales, key personnel, pricing policies, operational methods, concepts, and other business affairs and methods of the Company, its subsidiaries and its customers and other information not readily available to the public, as well as plans for future developments (collectively referred to hereinafter as "Proprietary Information"). The Employee further acknowledges that the relationships between the Company, its subsidiaries and its officers, employees, agents, and customers constitute a valuable asset of the Company (the "Other Proprietary Assets"). In recognition of the foregoing, the Employee covenants and agrees: (i) That all Proprietary Information and Other Proprietary Assets shall be the exclusive property of the Company and that the Employee will keep secret all Proprietary Information and Other Proprietary Assets and will not use the same for the Employee’s 's own benefit or disclose the same to, or use the same for the benefit of, anyone outside of the Company, either during or after the Employee’s 's employment by the Company; and (ii) That Employee will deliver promptly to the Company on termination of Employee’s 's employment by the Company, or at any time the Board may so request, request all Proprietary Information and Other Proprietary Assets, including, without limitation, all memoranda, notes, documentation, data, records, reports and other tangible manifestations of the Proprietary Information and Other Proprietary Assets (and all copies thereof), that Employee may then (or thereafter) possess or have under the Employee’s 's control.

Appears in 2 contracts

Samples: Employment Agreement (Hanover Capital Mortgage Holdings Inc), Employment Agreement (Hanover Capital Mortgage Holdings Inc)

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Obligation to Keep Confidential. The Employee acknowledges that the Employee’s his employment by the Company brings the Employee him into close contact with many confidential affairs of the Company, its subsidiaries and its customers, including, without limitation, information about costs, profits, markets, sales, key personnel, pricing policies, operational methods, concepts, and other business affairs and methods of the Company, its subsidiaries and its customers and other information not readily available to the public, as well as plans for future developments (collectively referred to hereinafter as "Proprietary Information"). The Employee further acknowledges that the relationships between the Company, its subsidiaries and its officers, employees, agents, and customers constitute a valuable asset of the Company (the "Other Proprietary Assets"). In recognition of the foregoing, the Employee covenants and agrees: (i) That all Proprietary Information and Other Proprietary Assets shall be the exclusive property of the Company and that the Employee will keep secret all Proprietary Information and Other Proprietary Assets and will not use the same for the Employee’s 's own benefit or disclose the same to, or use the same for the benefit of, anyone outside of the Company, either during or after the Employee’s 's employment by the Company; and (ii) That Employee will deliver promptly to the Company on termination of Employee’s 's employment by the Company, or at any time the Board may so request, request all Proprietary Information and Other Proprietary Assets, including, without limitation, all memoranda, notes, documentation, data, records, reports and other tangible manifestations of the Proprietary Information and Other Proprietary Assets (and all copies thereof), that Employee may then (or thereafter) possess or have under the Employee’s 's control.

Appears in 2 contracts

Samples: Employment Agreement (Hanover Capital Mortgage Holdings Inc), Employment Agreement (Hanover Capital Mortgage Holdings Inc)

Obligation to Keep Confidential. The Employee acknowledges that the Employee’s his employment by the Company brings the Employee him into close contact with many confidential affairs of the Company, its subsidiaries subsidiaries, and its customers, including, without limitation, information about costs, profits, markets, sales, key personnel, pricing policies, operational methods, concepts, and other business affairs and methods of the Company, its subsidiaries and its customers and other information not readily available to the public, as well as plans for future developments (collectively referred to hereinafter as "Proprietary Information"). The Employee further acknowledges that the relationships between the Company, its subsidiaries and its officers, employees, agents, and customers constitute a valuable asset of the Company (( the "Other Proprietary Assets"). In recognition of the foregoing, the Employee covenants and agrees: (i) ). That all Proprietary Information and Other Proprietary Assets shall be the exclusive property of the Company and that the Employee will keep secret all Proprietary Information and Other Proprietary Assets and will not use the same for the Employee’s 's own benefit or disclose the same to, or use the same for the benefit ofor, anyone outside of the Company, either during or after the Employee’s 's employment by the Company; and (ii) ). That the Employee will deliver promptly to the Company on termination of Employee’s 's employment by the Company, or at any time the Chief Executive Officer or the Board may so request, all Proprietary Information and Other Proprietary Assets, including, without limitation, all memoranda, notes, documentation, data, records, reports and other tangible manifestations of the Proprietary Information and Other Proprietary Assets (and all copies thereof), that Employee may then (or thereafter) possess or have under the Employee’s 's control.

Appears in 1 contract

Samples: Employment Agreement (Hanover Capital Mortgage Holdings Inc)

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