Common use of Proprietary Property Confidential Information Clause in Contracts

Proprietary Property Confidential Information. Employee acknowledges that in and as a result of Employee's employment hereunder, Employee will be making use of, acquiring and/or adding to Confidential Information. As a material inducement to the Company to enter into this Agreement and to pay to Employee the compensation and benefits stated herein, Employee covenants and agrees that Employee shall not, at any time during or following the term of Employee's employment, directly or indirectly, divulge or disclose for any purpose whatsoever any Confidential Information or proprietary information of the Company. Upon termination of this Agreement, regardless of how such termination may be brought about, Employee shall deliver to the Company any and all documents, instruments, notes, papers or other expressions or embodiments of confidential information which are in Employee's possession or control.

Appears in 3 contracts

Samples: Employment Agreement (Rio Vista Energy Partners Lp), Employment Agreement (Rio Vista Energy Partners Lp), Employment Agreement (Rio Vista Energy Partners Lp)

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Proprietary Property Confidential Information. Employee acknowledges ----------------------------------------------- that in and as a result of Employee's employment hereunder, Employee will be making use of, acquiring and/or adding to Confidential Information. As a material inducement to the Company to enter into this Agreement and to pay to Employee the compensation and benefits stated herein, Employee covenants and agrees that Employee shall not, at any time during or following the term of Employee's employment, directly or indirectly, divulge or disclose for any purpose whatsoever any Confidential Information or proprietary information of the Company. Upon termination of this Agreement, regardless of how such termination may be brought about, Employee shall deliver to the Company any and all documents, instruments, notes, papers or other expressions or embodiments of confidential information which are in Employee's possession or control.

Appears in 1 contract

Samples: Employment Agreement (Penn Octane Corp)

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