Common use of Property in Confidential Information Clause in Contracts

Property in Confidential Information. Subject to clause 6.5, the Executive acknowledges that: (a) all Confidential Information is the exclusive property of the Company and shall remain its valuable scientific trade and technical secret and shall be protected by this Agreement throughout the world; (b) Confidential Information is, or will be, furnished in confidence by the Company and that the Company could suffer substantial damage if such Confidential Information is disclosed to unauthorised persons or is used for the Executive’s own benefit; and (c) the Executive has a fiduciary obligation of confidentiality in relation to Confidential Information.

Property in Confidential Information. Subject to clause 6.5, the Chief Executive acknowledges that: (a) all Confidential Information is the exclusive property of the Company and shall remain its valuable scientific trade and technical secret and shall be protected by this Agreement throughout the worldsecret; (b) Confidential Information is, or will be, furnished in confidence by the Company and that the Company could suffer substantial damage if such Confidential Information is disclosed to unauthorised persons or is used for the Chief Executive’s own benefit; and (c) the Chief Executive has a fiduciary obligation of confidentiality in relation to Confidential Information.