Common use of Preservation and Non-Use of Confidential Information Clause in Contracts

Preservation and Non-Use of Confidential Information. You acknowledge that you have a fiduciary duty as an officer and employee of the Company not to discuss Confidential Information obtained during your employment with the Company. For purposes of this Agreement, "Confidential Information" means any and all confidential or proprietary information concerning the Company or its affiliates, joint venturers or other related entities ("The Company Group"), the disclosure of which could disadvantage The Company Group. Confidential Information includes trades secrets as defined under the Uniform Trades Secrets Act. Except pursuant to your employment by the Company and as directed by the President and Chief Executive Officer and the Board of Directors of the Company, you agree not to use Confidential Information, during the term of this Agreement or after its termination for a period of five years, for any personal or business purpose, either for your own benefit or that of any other person, corporation, government or other entity. You also agree that, except pursuant to your employment by the Company as directed by the President and Chief Executive Officer and the Board of Directors of the Company, you will not disclose or disseminate any Confidential Information, directly or indirectly, at any time during the term of this Agreement or after its termination, to any person, agency, or court unless compelled to do so pursuant to legal process (E.G., a summons or subpoena) or otherwise required by law and then only after providing the Company with prior notice and a copy of the legal process.

Preservation and Non-Use of Confidential Information. You acknowledge that you have a fiduciary duty as an officer and employee of the Company not to discuss Confidential Information obtained during your employment with the Company. For purposes of this Agreement, "Confidential Information" means any and all confidential or proprietary information concerning the Company or its affiliates, joint venturers or other related entities ("The Company Group"), the disclosure of which could disadvantage The Company Group. Confidential Information includes trades secrets as defined under the Uniform Trades Secrets Act. Except pursuant to your employment by the Company and as directed by the President and Chief Executive Officer and the Board of Directors of the Company, you agree not to use Confidential Information, during the term of this Agreement or after its termination for a period of five years, for any personal or business purpose, either for your own benefit or that of any other person, corporation, government or other entity. You also agree that, except pursuant to your employment by the Company as directed by the President and Chief Executive Officer and the Board of Directors of the Company, you will not disclose or disseminate any Confidential Information, directly or indirectly, at any time during the term of this Agreement or after its termination, to any person, agency, or court unless compelled to do so pursuant to legal process (E.G.e.g., a summons or subpoena) or otherwise required by law and then only after providing the Company with prior notice and a copy of the legal process.