Protection of Trade Secrets. The Executive agrees to maintain in strict confidence and, except as necessary to perform his duties for the Bank, the Executive agrees not to use or disclose any Trade Secrets of the Bank or the Company during or after this Agreement. For the purposes hereof, "Trade Secret" means information, including, without limitation, technical or non-technical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a process, a drawing, financial data, financial plans, product plans, information on customers or a list of actual or potential customers or suppliers, which: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use; and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.
Appears in 2 contracts
Samples: Employment, Consulting, and Noncompete Agreement (First Community Corp /Sc/), Employment, Consulting, and Noncompete Agreement (First Community Corp /Sc/)
Protection of Trade Secrets. The Executive agrees to maintain in strict confidence and, except as necessary to perform his duties for the BankEmployer, the Executive agrees not to use or disclose any Trade Secrets of the Bank or the Company Employer during or after his employment except in the performance of Executive's responsibilities and duties under this Agreement. For the purposes hereof, "Trade Secret" means information, including, without limitation, technical or non-technical data, including a formula, a pattern, a compilation, a program, a device, a method, a technique, a process, a drawing, financial datacost data or customer list, financial plans, product plans, information on customers or a list of actual or potential customers or suppliers, whichthat: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use; and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.
Appears in 2 contracts
Samples: Employment Agreement (First Southern Bancorp Inc /Ga/), Employment Agreement (First Southern Bancorp Inc /Ga/)
Protection of Trade Secrets. The Executive agrees to maintain in strict confidence and, except as necessary to perform his duties for the BankEmployer, the Executive agrees not to use or disclose any Trade Secrets of the Bank or the Company Employer during or after this Agreementhis employment. For the purposes hereof, "Trade Secret" means information, including, without limitation, technical or non-technical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a process, a drawing, financial data, financial plans, product plans, information on customers or a list of actual or potential customers or suppliers, which: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use; and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.
Appears in 2 contracts
Samples: Employment Agreement (Coastal Banking Co Inc), Employment Agreement (First Capital Bank Holding Corp)
Protection of Trade Secrets. The Executive agrees to maintain in --------------------------- strict confidence and, except as necessary to perform his or her duties for the BankCompany, the Executive agrees not to use or disclose any Trade Secrets of the Bank or the Company during or after this Agreementhis or her employment. For the purposes hereofAs provided by Florida statutes, "Trade Secret" means shall mean any information, including, without limitation, including but not limited to technical or non-technical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a processdrawing, a drawingprocess, financial data, financial plans, product plans, information on customers customers, or a list of actual or potential customers or suppliers, which: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use; , and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.
Appears in 1 contract
Samples: Employment Agreement (M2direct Inc)
Protection of Trade Secrets. The Executive agrees to maintain in strict confidence and, except as necessary to perform his duties for the BankEmployer, the Executive agrees not to use or disclose any Trade Secrets of the Bank Employer or the Company during or after this Agreementhis employment. For the purposes hereof, "“Trade Secret" ” means information, including, without limitation, technical or non-technical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a process, a drawing, financial data, financial plans, product plans, information on customers or a list of actual or potential customers or suppliers, which: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use; and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.
Appears in 1 contract
Samples: Employment Agreement (First Capital Bank Holding Corp)
Protection of Trade Secrets. The Executive agrees to maintain in strict confidence and, except as necessary to perform his duties for the BankEmployer, the Executive agrees not to use or disclose any Trade Secrets of the Bank or the Company Employer during or after this Agreementhis employment. For the purposes hereof, "“Trade Secret" ” means information, including, without limitation, technical or non-technical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a process, a drawing, financial data, financial plans, product plans, information on customers or a list of actual or potential customers or suppliers, which: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use; and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.
Appears in 1 contract
Protection of Trade Secrets. The Executive agrees to maintain in strict confidence and, except as necessary to perform his duties for the BankEmployer, the Executive agrees not to use or disclose any Trade Secrets of the Bank Employer or the Company during or after this Agreementhis employment. For the purposes hereof, "Trade Secret" means information, including, without limitation, technical or non-technical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a process, a drawing, financial data, financial plans, product plans, information on customers or a list of actual or potential customers or suppliers, which: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use; and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.
Appears in 1 contract
Protection of Trade Secrets. The Executive agrees to maintain in strict --------------------------- confidence and, except as necessary to perform his duties for the Bank, the Executive agrees not to use or disclose any Trade Secrets of the Bank or the Company during or after this Agreement. For the purposes hereof, "Trade Secret" means information, including, without limitation, technical or non-technical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a process, a drawing, financial data, financial plans, product plans, information on customers or a list of actual or potential customers or suppliers, which: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use; and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.
Appears in 1 contract