Common use of PRESERVATION OF TRADE SECRETS Clause in Contracts

PRESERVATION OF TRADE SECRETS. Upon the termination of the Employee's employment relationship with the Employer the Employee shall not, directly or indirectly, use or disclose any trade secret, as that term is defined by Florida Statute Section 688.002, of the Employer or allow any such trade secret to be disclosed to or used by any person or entity, for any reason or purpose whatsoever. In addition, the Employee will not accept any employment or other business relationship which would, by the nature of the position, involve the inevitable disclosure of any trade secret. This Non-Disclosure of Trade Secrets provision is expressly intended to benefit the Employer and the Third Party Beneficiaries and the Employer and the Third Party Beneficiaries are expressly authorized to enforce this provision.

Appears in 4 contracts

Samples: Employment Agreement (Bovie Medical Corp), Employment Agreement (Bovie Medical Corp), Employment Agreement (Bovie Medical Corp)

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PRESERVATION OF TRADE SECRETS. Upon the termination of the Employee's employment relationship 'with the Employer the Employee shall not, directly or indirectly, use or disclose any trade secret, as that term is defined by Florida Statute Section 688.002, of the Employer or allow any such trade secret to be disclosed to or used by any person or entity, for any reason or purpose whatsoever. In addition, the Employee will not accept any employment or other business relationship which would, by the nature of the position, involve the inevitable disclosure of any trade secret. This Non-Disclosure of Trade Secrets provision is expressly intended to benefit the Employer and the Third Party Beneficiaries third party beneficiaries and the Employer and the Third Party Beneficiaries third party beneficiaries are expressly authorized to enforce this provision.

Appears in 1 contract

Samples: Employment Agreement (Bovie Medical Corp)

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