Common use of Protection of Proprietary Information Clause in Contracts

Protection of Proprietary Information. The Seller has taken all reasonable steps to maintain the confidentiality of and otherwise protect and enforce their rights in all proprietary information pertaining to the Seller or any Seller Product. Without limiting the generality of the foregoing, no portion of the source code for any software ever owned or developed by the Seller has been disclosed or licensed to any escrow agent or other Person.

Appears in 6 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Medical Transcription Billing, Corp), Asset Purchase Agreement (Medical Transcription Billing, Corp)

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Protection of Proprietary Information. The Seller has taken all reasonable steps to maintain the confidentiality of and otherwise protect and enforce their its rights in all proprietary information pertaining to the Seller or any Seller Product. Without limiting the generality of the foregoing, no portion of the source code for any software ever owned or developed by the Seller has been disclosed or licensed to any escrow agent or other Person.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Nanometrics Inc), Asset Purchase Agreement (Nanometrics Inc), Asset Purchase Agreement (Herley Industries Inc /New)

Protection of Proprietary Information. The Seller has taken all commercially reasonable steps to maintain the confidentiality of and otherwise protect and enforce their its rights in all proprietary information pertaining to the Seller Business or any Business Product that Seller Productholds, or purports to hold, as a trade secret. Without limiting the generality of the foregoing, no portion of the source code for any software ever Software owned or developed by Seller and currently used by Seller in connection with the Seller Business has been disclosed (other than to employees or contractors of Seller bound by nondisclosure obligations) or licensed to any escrow agent or other Person.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mediabistro Inc.)

Protection of Proprietary Information. The Seller has taken all reasonable steps to maintain the confidentiality of and otherwise protect and enforce their rights in all proprietary information pertaining to the Seller or any Seller ProductIP. Without To Sellers’ Knowledge, without limiting the generality of the foregoing, no portion of the source code for any software ever owned or developed by within the Seller IP has been disclosed or licensed to any escrow agent or other Person.

Appears in 1 contract

Samples: Asset Purchase Agreement (MTBC, Inc.)

Protection of Proprietary Information. The Seller has taken all reasonable steps to maintain the confidentiality of and otherwise protect and enforce their its rights in all proprietary information pertaining to the Seller or any Seller Product. Without limiting the generality of the foregoing, except for those escrow agents identified in Seller’s customer agreements, no portion of the source code for any software ever owned or developed by the Seller has been disclosed or licensed to any escrow agent or other Person.

Appears in 1 contract

Samples: Asset Purchase Agreement (Vuance)

Protection of Proprietary Information. The Seller has taken all commercially reasonable steps to maintain the confidentiality of and otherwise protect and enforce their its rights in all proprietary information pertaining to the Seller BU or any Seller Product. Without limiting the generality of the foregoing, no portion of the source code for any software ever owned or developed by Seller related to the Seller BU has been disclosed or licensed to any escrow agent or other Person.

Appears in 1 contract

Samples: Asset Purchase Agreement (Secure Computing Corp)

Protection of Proprietary Information. The Seller has taken all reasonable necessary steps to maintain the confidentiality of and otherwise protect and enforce their rights in all proprietary information pertaining to the Seller or any Seller Product. Without limiting the generality of the foregoing, no portion of the source code for any software ever owned or developed by the Seller has been disclosed or licensed to any escrow agent or other Person.

Appears in 1 contract

Samples: Asset Purchase Agreement (Esim LTD)

Protection of Proprietary Information. The Seller has taken all reasonable steps to maintain the confidentiality of and otherwise protect and enforce their its rights in all proprietary information pertaining to the Seller Business or any Business Product that Seller Productholds, or purports to hold, as a trade secret. Without limiting the generality of the foregoing, no portion of the source code for any software ever Software owned or developed by Seller and currently used by Seller in connection with the Seller Business has been disclosed or licensed to any escrow agent or other Person.

Appears in 1 contract

Samples: Asset Purchase Agreement (Webmedia Brands Inc.)

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Protection of Proprietary Information. The Seller has taken all reasonable steps to maintain the confidentiality of and otherwise protect and enforce their its rights in all proprietary information pertaining to the Seller or any Seller ProductTransferred Assets. Without limiting the generality of the foregoing, no portion of the source code for any software ever owned or developed by the Seller Transferred Software has been disclosed or licensed to any escrow agent or other Person.

Appears in 1 contract

Samples: Asset Purchase Agreement (INSURE.COM, Inc)

Protection of Proprietary Information. The Seller has Sellers have taken all reasonable steps to maintain the confidentiality of and otherwise protect and enforce their rights in all proprietary information pertaining to the Seller Sellers or any Seller Product. Without limiting the generality of the foregoing, no portion of the source code for any software ever owned or developed by the Seller Sellers has been disclosed or licensed to any escrow agent or other Person.

Appears in 1 contract

Samples: Asset Purchase Agreement

Protection of Proprietary Information. The Seller has taken all reasonable steps to maintain the confidentiality of and otherwise protect and enforce their rights in all proprietary information pertaining to the Seller or any Seller ProductProducts. Without limiting the generality of the foregoing, no portion of the source code for any software ever owned or developed by the Seller has been disclosed or licensed to any escrow agent or other Person.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cavium Networks, Inc.)

Protection of Proprietary Information. The Seller has taken all reasonable steps to maintain the confidentiality of and otherwise protect and enforce their rights in all proprietary information pertaining to the Seller or any Seller ProductPurchased IP. Without limiting the generality of the foregoing, no portion of the source code for any software ever owned or developed by the Seller Purchased IP has been disclosed or licensed to any escrow agent or other Person.

Appears in 1 contract

Samples: Asset Purchase Agreement (Innovaro, Inc.)

Protection of Proprietary Information. The Seller has taken all reasonable steps to maintain the confidentiality of and otherwise protect and enforce their rights in all proprietary information pertaining to the Seller or any Seller Product. Without limiting the generality of the foregoing, no portion of the source code for any software ever owned or developed by the Seller has been disclosed or licensed to any escrow agent or other Person.. Asset Purchase Agreement, MTBC & WFS 8

Appears in 1 contract

Samples: Asset Purchase Agreement (Medical Transcription Billing, Corp)

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