Common use of Restriction on Disclosure and Use of Confidential Information and Trade Secrets Clause in Contracts

Restriction on Disclosure and Use of Confidential Information and Trade Secrets. Executive understands and agrees that the Confidential Information and Trade Secrets constitute valuable assets of the Company and its affiliated entities, and may not be converted to Executive’s own use. Accordingly, Executive hereby agrees that Executive shall not, directly or indirectly, during the Employment Period and for a period of two years after the Date of Termination, reveal, divulge, or disclose to any Person not expressly authorized by the Company any Confidential Information, and Executive shall not, directly or indirectly, during the Employment Period and for a period of two years after the Date of Termination, use or make use of any Confidential Information in connection with any business activity other than that of the Company. Executive shall not directly or indirectly transmit or disclose any Trade Secret of the Company to any Person, and shall not make use of any such Trade Secret, directly or indirectly, for himself or for others, without the prior written consent of the Company throughout the term of this Agreement and for the period during which the information remains a Trade Secret under applicable law. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the Company’s rights or Executive’s obligations under any state or federal statutory or common law regarding trade secrets and unfair trade practices. Anything herein to the contrary notwithstanding, Executive shall not be restricted from disclosing or using Confidential Information or any Trade Secret that is required to be disclosed by law, court order or other legal process; provided, however, that in the event disclosure is required by law, Executive shall provide the Company with prompt notice of such requirement so that the Company may seek an appropriate protective order prior to any such required disclosure by Executive. Executive acknowledges that any and all Confidential Information is the exclusive property of the Company and agrees to deliver to the Company on the Date of Termination, or at any other time the Company may request in writing, any and all Confidential Information which he may then possess or have under his control in whatever form same may exist, including, but not by way of limitation, hard copy files, soft copy files, computer disks, and all copies thereof.

Appears in 2 contracts

Samples: Employment Agreement (Equifax Inc), Employment Agreement (Equifax Inc)

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Restriction on Disclosure and Use of Confidential Information and Trade Secrets. Executive understands You understand and agrees agree that the Confidential Information and Trade Secrets constitute valuable assets of the Company and its affiliated entities, and may not be converted to Executive’s your own use. Accordingly, Executive you hereby agrees agree that Executive you shall not, directly or indirectly, during while employed by the Employment Period Company or its affiliates and for a period of two years after the Date of Termination, reveal, divulge, or disclose to any Person not expressly authorized by the Company any Confidential Information, and Executive you shall not, directly or indirectly, during the Employment Period such employment period and for a period of two years after the Date of Termination, use or make use of any Confidential Information in connection with any business activity other than that of the Company. Executive You shall not directly or indirectly transmit or disclose any Trade Secret of the Company to any Person, and shall not make use of any such Trade Secret, directly or indirectly, for himself yourself or for others, without the prior written consent of the Company throughout the term of this Agreement Letter and for the period during which the information remains a Trade Secret under applicable law. The parties acknowledge and agree that this Agreement Letter is not intended to, and does not, alter either the Company’s rights or Executive’s your obligations under any state or federal statutory or common law regarding trade secrets and unfair trade practices. Anything herein to the contrary notwithstanding, Executive you shall not be restricted from disclosing or using Confidential Information or any Trade Secret that is required to be disclosed by law, court order or other legal process; provided, however, that in the event disclosure is required by law, Executive you shall provide the Company with prompt notice of such requirement so that the Company may seek an appropriate protective order prior to any such required disclosure by Executiveyou. Executive acknowledges You acknowledge that any and all Confidential Information is the exclusive property of the Company and agrees agree to deliver to the Company on the Date of Termination, or at any other time the Company may request in writing, any and all Confidential Information which he you may then possess or have under his your control in whatever form same may exist, including, but not by way of limitation, hard copy files, soft copy files, computer disks, and all copies thereof.

Appears in 2 contracts

Samples: Cic Agreement (Equifax Inc), Equifax Inc

Restriction on Disclosure and Use of Confidential Information and Trade Secrets. Executive Employee understands and agrees that the Confidential Information and Trade Secrets constitute valuable assets of the Company and its affiliated entities, Bank and may not be converted to ExecutiveEmployee’s own use. Accordingly, Executive Employee hereby agrees that Executive Employee shall not, directly or indirectly, at any time during the Employment Period and for a period of two years after the Date of TerminationRestricted Period, reveal, divulge, or disclose to any Person not expressly authorized by the Company Bank any Confidential Information, and Executive Employee shall not, directly or indirectly, at any time during the Employment Period and for a period of two years after the Date of TerminationRestricted Period, use or make use of any Confidential Information in connection with any business activity other than that of the CompanyBank. Executive Throughout the term of this Agreement and at all times after the date that this Agreement terminates for any reason, Employee shall not directly or indirectly transmit or disclose any Trade Secret of the Company Bank to any Person, and shall not make use of any such Trade Secret, directly or indirectly, for himself herself or for others, without the prior written consent of the Company throughout the term of this Agreement and for the period during which the information remains a Trade Secret under applicable lawBank. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the CompanyBank’s rights or ExecutiveEmployee’s obligations under any applicable state or federal statutory or common law regarding trade secrets and unfair trade practices. Anything herein to the contrary notwithstanding, Executive Employee shall not be restricted from disclosing or using Confidential Information or any Trade Secret that is required to be disclosed by law, court order or other legal process; provided, however, that in the event disclosure is required by law, Executive Employee shall provide the Company Bank with prompt notice of such requirement so that the Company Bank may seek an appropriate protective order prior to any such required disclosure by Executive. Executive acknowledges that any and all Confidential Information is the exclusive property of the Company and agrees to deliver to the Company on the Date of Termination, or at any other time the Company may request in writing, any and all Confidential Information which he may then possess or have under his control in whatever form same may exist, including, but not by way of limitation, hard copy files, soft copy files, computer disks, and all copies thereofEmployee.

Appears in 2 contracts

Samples: Employment Agreement (Southside Bancshares Inc), Employment Agreement (Southside Bancshares Inc)

Restriction on Disclosure and Use of Confidential Information and Trade Secrets. Executive Employee understands and agrees that the Confidential Information and Trade Secrets constitute valuable assets of the Company and its affiliated entities, and may not be converted to ExecutiveEmployee’s own use. Accordingly, Executive Employee hereby agrees that Executive Employee shall not, directly or indirectly, at any time during the Employment Restricted Period and for a period of two years after the Date of Termination, reveal, divulge, or disclose to any Person not expressly authorized by the Company any Confidential Information, and Executive Employee shall not, directly or indirectly, at any time during the Employment Restricted Period and for a period of two years after the Date of Termination, use or make use of any Confidential Information in connection with any business activity other than that of the Company. Executive Throughout the term of this Agreement and at all times after the date that this Agreement terminates for any reason, Employee shall not directly or indirectly transmit or disclose any Trade Secret of the Company to any Person, and shall not make use of any such Trade Secret, directly or indirectly, for himself or for others, without the prior written consent of the Company throughout the term of this Agreement and for the period during which the information remains a Trade Secret under applicable lawCompany. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the Company’s rights or ExecutiveEmployee’s obligations under any state or federal statutory or common law regarding trade secrets and unfair trade practices. Anything herein to the contrary notwithstanding, Executive Employee shall not be restricted from disclosing or using Confidential Information or any Trade Secret that is required to be disclosed by law, court order or other legal process; provided, however, that in the event disclosure is required by law, Executive Employee shall provide the Company with prompt notice of such requirement so that the Company may seek an appropriate protective order prior to any such required disclosure by ExecutiveEmployee. Executive Employee acknowledges that any and all Confidential Information is the exclusive property of the Company and agrees to deliver to the Company on the Date of Termination, or at any other time the Company may request in writing, any and all Confidential Information which he may then possess or have under his control in whatever form same may exist, including, but not by way of limitation, hard copy files, soft copy files, computer disks, and all copies thereof.

Appears in 1 contract

Samples: Employment Agreement (LHC Group, Inc)

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Restriction on Disclosure and Use of Confidential Information and Trade Secrets. Executive understands and agrees that the Confidential Information and Trade Secrets constitute valuable assets of the Company and its affiliated entities, and may not be converted to Executive’s own use. Accordingly, Executive hereby agrees that, throughout the term of this Agreement and at all times after the date that this Agreement terminates for any reason, Executive shall not, not directly or indirectly, during for himself or for others, without the Employment Period and for a period prior written consent of two years after the Date of Termination, Company: (A) reveal, divulge, or disclose to any Person not expressly authorized by the Company any Confidential InformationInformation or Trade Secret, and Executive shall not, directly or indirectly, during the Employment Period and for a period of two years after the Date of Termination, (B) use or make use of any Confidential Information or Trade Secret in connection with any business activity other than that of the Company. Executive shall not directly or indirectly transmit or disclose any Trade Secret of the Company to any Person, and shall not make use of any such Trade Secret, directly or indirectly, for himself or for others, without the prior written consent of the Company throughout the term of this Agreement and for the period during which the information remains a Trade Secret under applicable law. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the Company’s rights or Executive’s obligations under any state or federal statutory or common law regarding trade secrets and unfair trade practices. Anything herein to the contrary notwithstanding, Executive shall not be restricted from disclosing or using Confidential Information or any Trade Secret that is required to be disclosed by law, court order or other legal process; provided, however, that in the event disclosure is required by law, Executive shall provide the Company with prompt notice of such requirement so that the Company may seek an appropriate protective order prior to any such required disclosure by Executive. Executive acknowledges that any and all Confidential Information is and Trade Secrets are the exclusive property of the Company and agrees to deliver to the Company on the Date of Termination, or at any other time the Company may request in writing, any and all Confidential Information and Trade Secrets which he may then possess or have under his control in whatever form same may exist, including, but not by way of limitation, hard copy files, soft copy files, computer disks, and all copies thereof.

Appears in 1 contract

Samples: Change in Control Agreement (Adams Respiratory Therapeutics, Inc.)

Restriction on Disclosure and Use of Confidential Information and Trade Secrets. Executive Employee understands and agrees that the Confidential Information and Trade Secrets constitute valuable assets of the Company and its affiliated entities, and may not be converted to ExecutiveEmployee’s own use. Accordingly, Executive Employee hereby agrees that Executive Employee shall not, directly or indirectly, at any time during the Employment Restricted Period and for a period of two years after the Date of Termination, reveal, divulge, or disclose to any Person not expressly authorized by the Company any Confidential Information, and Executive Employee shall not, directly or indirectly, at any time during the Employment Restricted Period and for a period of two years after the Date of Termination, use or make use of any Confidential Information in connection with any business activity other than that of the Company. Executive Throughout the term of this Agreement and at all times after the date that this Agreement terminates for any reason, Employee shall not directly or indirectly transmit or disclose any Trade Secret of the Company to any Person, and shall not make use of any such Trade Secret, directly or indirectly, for himself herself or for others, without the prior written consent of the Company throughout the term of this Agreement and for the period during which the information remains a Trade Secret under applicable lawCompany. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the Company’s rights or ExecutiveEmployee’s obligations under any state or federal statutory or common law regarding trade secrets and unfair trade practices. Anything herein to the contrary notwithstanding, Executive Employee shall not be restricted from disclosing or using Confidential Information or any Trade Secret that is required to be disclosed by law, court order or other legal process; provided, however, that in the event disclosure is required by law, Executive Employee shall provide the Company with prompt notice of such requirement so that the Company may seek an appropriate protective order prior to any such required disclosure by Executive. Executive acknowledges that any and all Confidential Information is the exclusive property of the Company and agrees to deliver to the Company on the Date of Termination, or at any other time the Company may request in writing, any and all Confidential Information which he may then possess or have under his control in whatever form same may exist, including, but not by way of limitation, hard copy files, soft copy files, computer disks, and all copies thereofEmployee.

Appears in 1 contract

Samples: Employment Agreement (Global Payments Inc)

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