Common use of Protection of Confidential Information of the Company Clause in Contracts

Protection of Confidential Information of the Company. I understand that my work as an employee of the Company creates a relationship of trust and confidence between myself and the Company. During and after the period of my employment with the Company and its affiliates, I will not use or disclose or allow anyone else to use or disclose any Confidential Information except as may be necessary in the performance of my work for the Company and its affiliates or as may be authorized in advance by appropriate officers of the Company. Except as set forth herein, I will keep all Confidential Information secret and will not allow any unauthorized use of the same, whether or not any document containing it is marked as confidential. In addition, if I am requested or required (by oral questions, interrogatories, requests for information, subpoena, civil investigative demand, or similar process) to disclose any Confidential Information, it is agreed that I will provide the Company with prompt written notice of such request(s) so that the Company may seek an appropriate protective order. If, failing the entry of a protective order, I am, in the opinion of my counsel, compelled to disclose any Confidential Information under pain of liability for contempt or other censure or penalty, I may disclose only that portion of such Confidential Information as is legally required without liability hereunder; provided, that I agree to exercise my reasonable efforts to obtain assurance that confidential treatment will be accorded such Confidential Information. Upon termination of my employment with the Company and its affiliates, I will promptly deliver to the Company all documents and materials of any nature pertaining to my employment with the Company and I will not take with me any documents or materials or copies thereof containing any Confidential Information. Notwithstanding the foregoing, I am hereby notified that federal law provides for immunity from liability for the confidential disclosure of a trade secret as defined by federal law that is made (i) in confidence to a federal, state or local government official, either directly or indirectly, or to an attorney if that disclosure is made solely for the purpose of reporting or investigating a suspected violation of law, or (ii) in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal.

Appears in 8 contracts

Samples: Executive Employment Agreement (MAIA Biotechnology, Inc.), Executive Employment Agreement (MAIA Biotechnology, Inc.), Executive Employment Agreement (MAIA Biotechnology, Inc.)

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Protection of Confidential Information of the Company. I understand that my work as an employee of the Company creates a relationship of trust and confidence between myself and the Company. During and after the period of my employment with the Company and its affiliates, I will not use or disclose or allow anyone else to use or disclose any Confidential Information except as may be necessary in the performance of my work for the Company and its affiliates or as may be authorized in advance by appropriate officers of the Company. Except as set forth herein, I will keep all Confidential Information secret and will not allow any unauthorized use of the same, whether or not any document containing it is marked as confidential. In addition, if I am requested or required (by oral questions, interrogatories, requests for information, subpoena, civil investigative demand, or similar process) to disclose any Confidential Information, it is agreed that I will provide the Company with prompt written notice of such request(s) so that the Company may seek an appropriate protective order. If, failing the entry of a protective order, I am, in the opinion of my counsel, compelled to disclose any Confidential Information under pain of liability for contempt or other censure or penalty, I may disclose only that portion of such Confidential Information as is legally required without liability hereunder; provided, that I agree to exercise my reasonable efforts to obtain assurance that confidential treatment will be accorded such Confidential Information. Upon termination of my employment with the Company and its affiliates, I will promptly deliver to the Company all documents and materials of any nature pertaining to my employment with the Company and I will not take with me any documents or materials or copies thereof containing any Confidential Information. Notwithstanding the foregoing, I am hereby notified that federal law provides for immunity from liability for the confidential disclosure of a trade secret as defined by federal law that is made (i) in confidence to a federal, state or local government official, either directly or indirectly, or to an attorney if that disclosure is made solely for the t d e purpose of reporting or investigating a suspected violation of law, or (ii) in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal.

Appears in 3 contracts

Samples: Executive Employment Agreement (MAIA Biotechnology, Inc.), Executive Employment Agreement (MAIA Biotechnology, Inc.), Executive Employment Agreement (MAIA Biotechnology, Inc.)

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Protection of Confidential Information of the Company. I understand Employee understands that my Employee's work as an employee of the Company creates a relationship of trust and confidence between myself Employee and the Company. During and after the period of my Employee's employment with the Company and its affiliatesCompany, I Employee will not use or disclose or allow anyone else to use or disclose any "Confidential Information Information" (as defined below) relating to the Company, its products, services, suppliers or customers except as may be necessary in the performance of my Employee's work for the Company and its affiliates or as may be specifically authorized in advance by appropriate officers of the Company. Except "Confidential Information" shall include, but not be limited to, information consisting of research and development, patents, trademarks and copyrights and applications thereto, technical information, computer programs, software, methodologies, innovations, software tools, know-how, knowledge, designs, drawings, specifications, concepts, data, reports, processes, techniques, documentation, pricing, marketing plans, customer and prospect lists, trade secrets, financial information, salaries, business affairs, suppliers, profits, markets, sales strategies, forecasts, employee information and any other information not available to the general public, whether written or oral, which Employee knows or has reason to know the Company would like to treat as set forth hereinconfidential for any purpose, I such as maintaining a competitive advantage or avoiding undesirable publicity. Employee will keep all Confidential Information secret and will not allow any unauthorized use of the same, whether or not any document containing it is marked as confidential. In additionThese restrictions, if I am requested however, will not apply to Confidential Information that has become known to the public generally through no fault or required (by oral questions, interrogatories, requests for information, subpoena, civil investigative demand, breach of Employee's or similar process) that the Company regularly gives to third parties without restriction on use or disclosure. If Employee is subpoenaed or ordered to disclose any Confidential Informationthis information by a Court of competent jurisdiction, it is agreed that I will provide Employee shall promptly inform the Company with prompt written notice of such request(s) so that the Company may seek an appropriate protective can determine whether it wants to attempt to quash the subpoena or order. IfIf the Employee has informed the Company, failing then it shall not constitute a breach of this Employment Agreement when or if the entry of Employee responds to or replies to a protective order, I am, in the opinion of my counsel, compelled to disclose any Confidential Information under pain of liability for contempt proper subpoena or other censure or penalty, I may disclose only that portion order of such Confidential Information as is legally required without liability hereunder; provided, that I agree to exercise my reasonable efforts to obtain assurance that confidential treatment will be accorded such Confidential Information. Upon termination of my employment with the Company and its affiliates, I will promptly deliver to the Company all documents and materials of any nature pertaining to my employment with the Company and I will not take with me any documents or materials or copies thereof containing any Confidential Information. Notwithstanding the foregoing, I am hereby notified that federal law provides for immunity from liability for the confidential disclosure of a trade secret as defined by federal law that is made (i) in confidence to a federal, state or local government official, either directly or indirectly, or to an attorney if that disclosure is made solely for the purpose of reporting or investigating a suspected violation of law, or (ii) in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under sealCourt.

Appears in 1 contract

Samples: Employment Agreement (Sac Technologies Inc)

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