Common use of Records Containing Confidential Information Clause in Contracts

Records Containing Confidential Information. “Confidential Records” means all documents and other records, whether in paper, electronic or other form, that contain or reflect any Confidential Information. All Confidential Records prepared by or provided to Executive are and shall remain Company’s property. Except with Company’s prior written consent, Executive shall not, at any time, directly or indirectly: (i) copy or use any Confidential Record for any purpose not relating directly to Executive’s work on Company’s behalf; or (ii) show, give, sell, disclose or otherwise communicate any Confidential Record or the contents of any Confidential Record to any person or entity other than Company or a person or entity authorized by Company to have access to the Confidential Record in question. Upon the termination of Executive’s engagement with Company, or upon Company’s request, Executive shall immediately deliver to Company or its designee (and shall not keep in Executive’s possession or deliver to any other person or entity) all Confidential Records and all other Company property in Executive’s possession or control. Executive understands and agrees that compliance with this subsection (d) may require that data be removed from Executive’s personal computer equipment. Consequently, upon reasonable prior notice, Executive agrees to permit the qualified personnel of Company and/or its contractors access to such computer equipment for that purpose. This Agreement shall not prohibit Executive from complying with any subpoena or court order, provided that Executive shall at the earliest practicable date provide a copy of the subpoena or court order to Company’s CEO or other designee, it being the parties’ intention to give Company a fair opportunity to take appropriate steps to prevent the unnecessary and/or improper use or disclosure of Confidential Information and Confidential Records, as determined by Company in its sole discretion.

Appears in 2 contracts

Samples: Executive Employment Agreement (Oxis International Inc), Executive Employment Agreement (Oxis International Inc)

AutoNDA by SimpleDocs

Records Containing Confidential Information. “Confidential Records” means all documents and other records, whether in paper, electronic or other form, that contain or reflect any Confidential Information. All Confidential Records prepared by or provided to Executive Employee are and shall remain Company’s Company property. Except in connection with and in furtherance of Employee’s work on Company’s behalf or with Company’s prior written consent, Executive Employee shall not, at any time, directly or indirectly: (i) copy or use any Confidential Record for any purpose not relating directly to Executive’s work on Company’s behalfpurpose; or (ii) show, give, sell, disclose or otherwise communicate any Confidential Record or the contents of any Confidential Record to any person or entity other than Company or a person or entity authorized by Company to have access to the Confidential Record in questionentity. Upon the termination of ExecutiveEmployee’s engagement employment with Company, Company or at any time upon Company’s request, Executive Employee shall immediately deliver to Company or its designee (and shall not keep in ExecutiveEmployee’s possession or deliver to any other person or entity) all Confidential Records and all other Company property in ExecutiveEmployee’s possession or control. Executive understands and agrees that compliance with this subsection (d) may require that data be removed from Executive’s personal computer equipment. Consequently, upon reasonable prior notice, Executive agrees to permit the qualified personnel of Company and/or its contractors access to such computer equipment for that purpose. This Agreement agreement shall not prohibit Executive Employee from complying with any subpoena or court order, provided that Executive Employee shall at the earliest practicable date provide a copy of the subpoena or court order to Company’s CEO or other designeeChief Executive Officer, it being the parties’ intention to give Company a fair opportunity to take appropriate steps to prevent the unnecessary and/or improper use or disclosure of Confidential Information and Confidential Records, as determined by Company in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Clayton Holdings Inc)

AutoNDA by SimpleDocs

Records Containing Confidential Information. Confidential Records" means all documents and other records, whether in paper, electronic or other form, that contain or reflect any Confidential Information. All Confidential Records prepared by or provided to Executive Employee are and shall remain Company’s 's property. Except in connection with and in furtherance of Employee's work on Company's behalf or with Company’s 's prior written consent, Executive Employee shall not, at any time, directly or indirectly: (i) copy or use any Confidential Record for any purpose not relating directly to Executive’s work on Company’s behalfpurpose; or (ii) show, give, sell, disclose or otherwise communicate any Confidential Record or the contents of any Confidential Record to any person or entity other than Company or a person or entity authorized by Company to have access to the Confidential Record in questionentity. Upon the termination of Executive’s engagement Employee's employment with Company, or upon Company’s 's request, Executive Employee shall immediately deliver to Company or its designee (and shall not keep in Executive’s Employee's possession or deliver to any other person or entity) all Confidential Records and all other Company property in Executive’s Employee's possession or control. Executive Employee understands and agrees that compliance with this subsection (d) paragraph may require that data be removed from Executive’s Employee's personal computer equipment. Consequently, upon reasonable prior notice, Executive Employee agrees to permit the qualified personnel of Company and/or its contractors contractors' access to such computer equipment for that purpose. This Agreement agreement shall not prohibit Executive Employee from complying with any subpoena or court order, provided that Executive Employee shall at the earliest practicable date provide a copy of the subpoena or court order to Company’s CEO or other designee's President, it being the parties' intention to give Company a fair opportunity to take appropriate steps to prevent the unnecessary and/or improper use or disclosure of Confidential Information and Confidential Records, as determined by Company in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Janus Capital Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!