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 Confidential Information. All Confidential Records prepared by or provided to Aiken are and shall remain the property of MDMI, UTI or any Affiliate of either MDMI or UTI. Except as permitted or directed by MDMI's Board of Directors or UTI's Board of Directors, Aiken shall not, at any time, directly or indirectly: (i) copy or use any Confidential Record for any purpose not relating directly to Aiken's work for MDMI, UTI or any Affiliate of either MDMI or UTI; 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 MDMI, UTI or any Affiliate of either MDMI or UTI or a person or entity authorized by MDMI, UTI or any Affiliate of either MDMI or UTI, as applicable, to have access to the Confidential Record in question. Upon the termination of Aiken's employment, if any, with MDMI, UTI or any Affiliate of either MDMI or UTI, or upon the request of MDMI, UTI or any Affiliate of either MDMI or UTI, Aiken shall immediately deliver to the designated person (and shall not keep in Aiken's possession or deliver to any other person or entity) all Confidential Records and all other property of MDMI, UTI or any Affiliate of either MDMI or UTI in Aiken's possession or control. This Agreement shall not prohibit Aiken from complying with any subpoena or court order, provided that Aiken shall at the earliest practicable date provide a copy of the subpoena or court order to the President of MDMI, UTI or any Affiliate of either MDMI or UTI, as applicable, it being the parties' intention to give MDMI, UTI or any Affiliate of either MDMI or UTI a fair opportunity to take appropriate steps to prevent the unnecessary and/or improper use or disclosure of Confidential Records, as determined by MDMI, UTI or any Affiliate of either MDMI or UTI in its reasonable judgment.

Appears in 1 contract

Samples: Non Competition Agreement (Uti Corp)

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 Confidential Information. All Confidential Records prepared by or provided to Aiken Freed are and shall remain the property of MDMI, UTI or any Affiliate of either MDMI or UTI. Except as permitted or directed by MDMI's Board of Directors or UTI's Board of Directors, Aiken Freed shall not, at any time, directly or indirectly: (i) copy or use any Confidential Record for any purpose not relating directly to AikenFreed's work for MDMI, UTI or any Affiliate of either MDMI or UTI; 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 MDMI, UTI or any Affiliate of either MDMI or UTI or a person or entity authorized by MDMI, UTI or any Affiliate of either MDMI or UTI, as applicable, to have access to the Confidential Record in question. Upon the termination of AikenFreed's employment, if any, with MDMI, UTI or any Affiliate of either MDMI or UTI, or upon the request of MDMI, UTI or any Affiliate of either MDMI or UTI, Aiken Freed shall immediately deliver to the designated person (and shall not keep in AikenFreed's possession or deliver to any other person or entity) all Confidential Records and all other property of MDMI, UTI or any Affiliate of either MDMI or UTI in AikenFreed's possession or control. This Agreement shall not prohibit Aiken Freed from complying with any subpoena or court order, provided that Aiken Freed shall at the earliest practicable date provide a copy of the subpoena or court order to the President of MDMI, UTI or any Affiliate of either MDMI or UTI, as applicable, it being the parties' intention to give MDMI, UTI or any Affiliate of either MDMI or UTI a fair opportunity to take appropriate steps to prevent the unnecessary and/or improper use or disclosure of Confidential Records, as determined by MDMI, UTI or any Affiliate of either MDMI or UTI in its reasonable judgment.

Appears in 1 contract

Samples: Non Competition Agreement (Uti Corp)

Records Containing Confidential Information. Confidential Records" means all documents and other records, whether in paper, electronic or other form, that contain or reflect Confidential Information. All Confidential Records prepared by or provided to Aiken are Farixx xxx and shall remain the property of MDMI, UTI or any Affiliate of either MDMI or UTI. Except as permitted or directed by MDMI's Board of Directors or UTI's Board of Directors, Aiken shall Farixx xxxll not, at any time, directly or indirectly: (i) copy or use any Confidential Record for any purpose not relating directly to Aiken's work Farixx'x xxxk for MDMI, UTI or any Affiliate of either MDMI or UTI; 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 MDMI, UTI or any Affiliate of either MDMI or UTI or a person or entity authorized by MDMI, UTI or any Affiliate of either MDMI or UTI, as applicable, to have access to the Confidential Record in question. Upon the termination of Aiken's employmentFarixx'x xxxloyment, if any, with MDMI, UTI or any Affiliate of either MDMI or UTI, or upon the request of MDMI, UTI or any Affiliate of either MDMI or UTI, Aiken shall Farixx xxxll immediately deliver to the designated person (and shall not keep in Aiken's possession Farixx'x xxxsession or deliver to any other person or entity) all Confidential Records and all other property of MDMI, UTI or any Affiliate of either MDMI or UTI in Aiken's possession Farixx'x xxxsession or control. This Agreement shall not prohibit Aiken from Farixx xxxm complying with any subpoena or court order, provided that Aiken shall Farixx xxxll at the earliest practicable date provide a copy of the subpoena or court order to the President of MDMI, UTI or any Affiliate of either MDMI or UTI, as applicable, it being the parties' intention to give MDMI, UTI or any Affiliate of either MDMI or UTI a fair opportunity to take appropriate steps to prevent the unnecessary and/or improper use or disclosure of Confidential Records, as determined by MDMI, UTI or any Affiliate of either MDMI or UTI in its reasonable judgment.

Appears in 1 contract

Samples: Non Competition Agreement (Uti Corp)

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 Confidential Information. All Confidential Records prepared by or provided to Aiken are Cornxxxx xxx and shall remain the property of MDMI, UTI or any Affiliate of either MDMI or UTI. Except as permitted or directed by MDMI's Board of Directors or UTI's Board of Directors, Aiken shall Cornxxxx xxxll not, at any time, directly or indirectly: (i) copy or use any Confidential Record for any purpose not relating directly to Aiken's work Cornxxxx'x xxxk for MDMI, UTI or any Affiliate of either MDMI or UTI; 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 MDMI, UTI or any Affiliate of either MDMI or UTI or a person or entity authorized by MDMI, UTI or any Affiliate of either MDMI or UTI, as applicable, to have access to the Confidential Record in question. Upon the termination of Aiken's employmentCornxxxx'x xxxloyment, if any, with MDMI, UTI or any Affiliate of either MDMI or UTI, or upon the request of MDMI, UTI or any Affiliate of either MDMI or UTI, Aiken shall Cornxxxx xxxll immediately deliver to the designated person (and shall not keep in Aiken's possession Cornxxxx'x xxxsession or deliver to any other person or entity) all Confidential Records and all other property of MDMI, UTI or any Affiliate of either MDMI or UTI in Aiken's possession Cornxxxx'x xxxsession or control. This Agreement shall not prohibit Aiken from Cornxxxx xxxm complying with any subpoena or court order, provided that Aiken shall Cornxxxx xxxll at the earliest practicable date provide a copy of the subpoena or court order to the President of MDMI, UTI or any Affiliate of either MDMI or UTI, as applicable, it being the parties' intention to give MDMI, UTI or any Affiliate of either MDMI or UTI a fair opportunity to take appropriate steps to prevent the unnecessary and/or improper use or disclosure of Confidential Records, as determined by MDMI, UTI or any Affiliate of either MDMI or UTI in its reasonable judgment.

Appears in 1 contract

Samples: Non Competition Agreement (Uti Corp)

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