Common use of Ownership and Protection of Proprietary Information Clause in Contracts

Ownership and Protection of Proprietary Information. (i) As used herein, the term “Confidential Information” shall mean data, information or business practices relating to the business of the Company (which does not rise to the status of a Trade Secret) which is or has been disclosed to the Executive or of which the Executive became aware as a consequence of or through his employment relationship with the Company and which is not generally known to the public, the industry or its competitors. Notwithstanding the foregoing, the term Confidential Information shall not include any data or information that has been voluntarily disclosed to the public by the Company (except where such public disclosure has been made by the Executive in breach of his obligations hereunder) or that has been independently developed and disclosed by others, or that otherwise enters the public domain through lawful means.

Ownership and Protection of Proprietary Information. (i) As used herein, the term “Confidential Information” shall mean data, information or business practices relating to the business of the Company Companies (which does not rise to the status of a Trade Secret) which is or has been disclosed to the Executive or of which the Executive became aware as a consequence of or through his employment relationship with the Company Companies and which is not generally known to the public, the industry or its competitors. Notwithstanding the foregoing, the term Confidential Information shall not include any data or information that has been voluntarily disclosed to the public by the Company Companies (except where such public disclosure has been made by the Executive in breach of his obligations hereunderunder this Employment Agreement) or that has been independently developed and disclosed by others, or that otherwise enters the public domain through lawful means.

Ownership and Protection of Proprietary Information. (i) As used herein, the term “Confidential Information” shall mean data, information or business practices relating to the business of the Company (which does not rise to the status of a Trade Secret) which is or has been disclosed to the Executive or of which the Executive became aware as a consequence of or through his her employment relationship with the Company and which is not generally known to the public, the industry or its competitors. Notwithstanding the foregoing, the term Confidential Information shall not include any data or information that has been voluntarily disclosed to the public by the Company (except where such public disclosure has been made by the Executive in breach of his her obligations hereunderunder this Agreement) or that has been independently developed and disclosed by others, or that otherwise enters the public domain through lawful means.