Recipient Materials Sample Clauses
The 'Recipient Materials' clause defines the rights and obligations regarding materials or information provided by the recipient party in a contractual relationship. Typically, this clause clarifies what constitutes recipient materials, such as documents, data, or intellectual property, and outlines how these materials may be used, returned, or protected by the other party. Its core function is to ensure that the recipient's proprietary or sensitive materials are handled appropriately, thereby protecting their interests and preventing misuse or unauthorized disclosure.
Recipient Materials. Executive acknowledges that all memoranda, notes, records, reports, manuals, books, papers, letters, client and customer lists, contracts, software programs, information and records, drafts of instructions, guides and manuals, and other documentation (whether in draft or final form), and other sales or financial information and aids relating to the Bank’s business, and any and all other documents containing Proprietary Information furnished to Executive by any representative of the Bank or otherwise acquired or developed by Executive in connection with Executive’s association with the Bank (collectively, “Recipient Materials”) shall at all times be the property of the Bank. Within twenty-four (24) hours of the termination of Executive’s employment with the Bank, Executive shall return to the Bank any Recipient Materials which are in Executive’s possession, custody or control.
Recipient Materials. Employee acknowledges that all memoranda, notes, records, reports, manuals, books, papers, letters, client and customer lists, contracts, software programs, information and records, drafts of instructions, guides and manuals, and other documentation (whether in draft or final form), and other sales or financial information and aids relating to the Bank’s business, and any and all other documents containing Proprietary Information furnished to Employee by any representative of the Bank or otherwise acquired or developed by Employee in connection with Employee’s association with the Bank (collectively, “Recipient Materials”) shall at all times be the property of the Bank. Within twenty-four (24) hours of the termination of Employee’s employment with the Bank, Employee shall return to the Bank any Recipient Materials which are in Employee’s possession, custody or control.