Common use of Property Rights of Employer Clause in Contracts

Property Rights of Employer. Employee recognizes that the business interests of Employer require a confidential relationship between Employer and its employees, and the fullest protection and confidential treatment of its trade secrets, customer list, know-how, products and other business knowledge developed, conceived and learned by Employee during the course of employment. Accordingly, Employee agrees that, during the term of employment with Employer, Employee will keep secret and confidential all such information, trade secrets, products, know-how, and customer lists and will not use the same to aid Employee or others, either directly or indirectly. Employee further agrees that, on termination of this Agreement, Employee will surrender to Employer all papers, formulas, information documents, writings and other properties in Employee's possession relating to employer's business, including both originals and any copies of such material. Employee also agrees that Employee will not withhold any such documentation from Employer. All customer lists, and all records of the accounts of customers, and other records and books relating in any manner whatsoever to the customers and prospective customers of Employer shall be the exclusive property of Employer. Employee shall immediately return all such books, records and catalogs to Employer upon the termination of this Agreement. Employee shall also return to Employer any and all identification cards, credit cards, business documents or other documents, if any, to Employer upon the termination of this Agreement.

Property Rights of Employer. Employee recognizes that the business interests of Employer require a confidential relationship between Employer and its employees, and the fullest protection and confidential treatment of its trade secrets, customer list, know-how, products and other business knowledge developed, conceived and learned by Employee during the course of employment. Accordingly, Employee agrees that, during the term of employment with Employer, Employee will keep secret and confidential all such information, trade secrets, products, know-know- how, and customer lists and will not use the same to aid Employee or others, either directly or indirectly. Employee further agrees that, on termination of this Agreement, Employee will surrender to Employer all papers, formulas, information documents, writings and other properties in Employee's possession relating to employer's business, including both originals and any copies of such material. Employee also agrees that Employee will not withhold any such documentation from Employer. All customer lists, and all records of the accounts of customers, and other records and books relating in any manner whatsoever to the customers and prospective customers of Employer shall be the exclusive property of Employer. Employee shall immediately return all such books, records and catalogs to Employer upon the termination of this Agreement. Employee shall also return to Employer any and all identification cards, credit cards, business documents or other documents, if any, to Employer upon the termination of this Agreement.