Common use of Procedures for Trade Secret Protection Clause in Contracts

Procedures for Trade Secret Protection. The Company has never disclosed source code for any of the Software to a third party other than the persons identified in Company Disclosure Schedule 3.14(d), each of which has executed an appropriate nondisclosure agreement in favor of the Company. The Company discloses its source code to employees only on a need-to-know basis in connection with the performance of their duties to the Company. Except as described in Company Disclosure Schedule 3.14(d), each current employee of the Company and each former employee of the Company has executed and delivered to the Company an employment or other agreement containing provisions for the protection of trade secrets and confidential information of the Company and the absolute

Appears in 1 contract

Samples: Asset Purchase Agreement (Netzee Inc)

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Procedures for Trade Secret Protection. The Company has never disclosed its source code for any of the Software to a third party other than the persons consultants identified in Company Disclosure on Schedule 3.14(d3.7(c), each of which has executed an appropriate a nondisclosure agreement in favor of the Company. The Company agreement, and discloses its source code to employees only on a need-to-know basis in connection with the performance of their duties to the Company. Except as described in Company Disclosure on Schedule 3.14(d3.7(c), each current employee of the Company and each former employee of the Company employed after January 2, 1992 has executed and delivered to the Company an employment or other a noninterference and confidentiality agreement containing provisions for in the protection of trade secrets form attached to Schedule 3.7(c). The source code and confidential information of system documentation comprising the Software have at all times been maintained by the Company in confidence, and the absoluteCompany has not taken (nor has it failed to take) any action which would result in such source code and system documentation not being protectible as a trade secret under applicable law. (d)

Appears in 1 contract

Samples: Acquisition and Merger Agreement (Harland John H Co)

Procedures for Trade Secret Protection. The Company has never -------------------------------------- disclosed its source code for any of the Software to a third party other than the persons consultants identified in Company Disclosure Schedule 3.14(d3.7(c), each of which has executed an appropriate nondisclosure agreement in favor of the Company. The Company and discloses its source code to employees only on a need-need- to-know basis in connection with the performance of their duties to the Company. Except as described in Company Disclosure Schedule 3.14(d), each current employee of The source code and system documentation comprising the Software have at all times been maintained by the Company in confidence, and each former employee of the Company has executed not taken (nor has it failed to take) any action which would result in such source code and delivered to the Company an employment or other agreement containing provisions for the protection of system documentation not being protectable as a trade secrets and confidential information of the Company and the absolutesecret under applicable law.

Appears in 1 contract

Samples: Acquisition and Merger Agreement (Intercept Group Inc)

Procedures for Trade Secret Protection. The Neither the Company nor any Shareholder has never ever disclosed source code for any of the Software to a third party other than the persons identified in Company Disclosure Schedule 3.14(d5.14(c), each of which has executed an appropriate nondisclosure agreement in favor of the Company. The Company discloses its source code to employees only on a need-to-know basis in connection with the performance of their duties to the Company. Except as described in Company Disclosure Schedule 3.14(d), each current employee of The source code and system documentation comprising the Software have at all times been maintained by the Company in confidence and each former employee of the Company has executed not taken (nor has it failed to take) any action which would result in such source code and delivered to the Company an employment or other agreement containing provisions for the protection of system documentation not being protectable as a trade secrets and confidential information of the Company and the absolutesecret under applicable Laws.

Appears in 1 contract

Samples: Stock Purchase Agreement (Towne Services Inc)

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Procedures for Trade Secret Protection. The Company has never -------------------------------------- disclosed its source code for any of the Software to a third party other than the persons consultants identified in Company Disclosure Schedule 3.14(d3.7(c), each of which has executed an appropriate a nondisclosure agreement in --------------- favor of the Company. The Company , and discloses its source code to employees only on a need-need- to-know basis in connection with the performance of their duties to the Company. Except as described in Company Disclosure Schedule 3.14(d), each current employee of The source code and system documentation comprising the Software have at all times been maintained by the Company in confidence, and each former employee of the Company has executed not taken (nor has it failed to take) any action which would result in such source code and delivered to the Company an employment or other agreement containing provisions for the protection of system documentation not being protectable as a trade secrets and confidential information of the Company and the absolutesecret under applicable law.

Appears in 1 contract

Samples: Acquisition and Merger Agreement (Intercept Group Inc)

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