Common use of Proprietary Interests Clause in Contracts

Proprietary Interests. During or after the expiration of his term of employment with the Company, the Executive shall not communicate or divulge to, or use for the benefit of, any individual, association, partnership, trust, corporation or other entity except the Company, any proprietary or confidential information of the Company received by the Executive by virtue of such employment, without first being in receipt of the Company's written consent to do so and in compliance with the terms of any other confidentiality or non-competition agreement which the Executive may hereafter execute with the Company; provided that nothing contained herein shall restrict the Executive's use or disclosure of such information known to the public (other than that which he may have disclosed in breach of this Agreement), or as required by law (so long as Executive gives the Company prior notice of such required disclosure).

Proprietary Interests. During or after the expiration of his term of employment with the Company, the Executive shall not communicate or divulge to, or use for the benefit of, any individual, association, partnership, trust, corporation or other entity except the Company, any proprietary or confidential information of the Company received by the Executive by virtue of such employment, without first being in receipt of the Company's written consent to do so and in compliance with the terms of any other confidentiality or non-competition agreement which the Executive may hereafter execute with the Company; provided that nothing contained herein shall restrict the Executive's use or disclosure of such information known to the public (other than that which he may have disclosed in breach of this Agreement), or as required by law (so long as Executive gives the Company prior notice of such required disclosure). Company acknowledges that Executive has outside legal matters for which Executive is responsible. Executive pledges that such duties will not interfere with Company's interests.