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 Coram 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, at any time during the Term of employment or at any time thereafter reveal, divulge, or disclose to any Person not expressly authorized by Coram in writing any Confidential Information, and Executive shall not, directly or indirectly, at any time during the Term of employment or at any time thereafter use or make use of any Confidential Information in connection with any business activity other than that of Coram. Throughout the term of this Agreement and at all times after the date that this Agreement terminates for any reason, Executive shall not directly or indirectly transmit or disclose any Trade Secret of Coram 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 Coram. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either Coram'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 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 Coram with prompt notice of such requirement so that Coram may seek an appropriate protective order prior to any such required disclosure by Executive.

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 Coram and its affiliated entities, the Company and may not be converted to Executive's Employee’s own use. Accordingly, Executive Employee hereby agrees that Executive Employee shall not, directly or indirectly, at any time during the Term of employment or at any time thereafter Restricted Period, reveal, divulge, or disclose to any Person not expressly authorized by Coram in writing the Company any Confidential Information, and Executive Employee shall not, directly or indirectly, at any time during the Term of employment or at any time thereafter Restricted Period, use or make use of any Confidential Information in connection with any business activity other than that of Coramthe Company. Throughout the term of this Agreement and at all times after the date that this Agreement terminates for any reason, Executive Employee shall not directly or indirectly transmit or disclose any Trade Secret of Coram 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 Coramthe Company. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either Coram's the Company’s rights or Executive's Employee’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 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 Coram the Company with prompt notice of such requirement so that Coram the Company may seek an appropriate protective order prior to any such required disclosure by ExecutiveEmployee.

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 Coram the Company and its affiliated entities, and may not be converted to Executive's Employee’s own use. Accordingly, Executive Employee hereby agrees that Executive Employee shall not, directly or indirectly, at any time during the Term of employment or at any time thereafter Restricted Period reveal, divulge, or disclose to any Person not expressly authorized by Coram in writing the Company any Confidential Information, and Executive Employee shall not, directly or indirectly, at any time during the Term of employment or at any time thereafter Restricted Period use or make use of any Confidential Information in connection with any business activity other than that of Coramthe Company. Throughout the term of this Agreement and at all times after the date that this Agreement terminates for any reason, Executive Employee shall not directly or indirectly transmit or disclose any Trade Secret of Coram 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 Coramthe Company. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either Coram's the Company’s rights or Executive's Employee’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 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 Coram the Company with prompt notice of such requirement so that Coram the Company may seek an appropriate protective order prior to any such required disclosure by ExecutiveEmployee.

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 Coram the Bank and its affiliated entities, and may not be converted to Executive's ’s own use. Accordingly, Executive hereby agrees that Executive shall not, directly or indirectly, at any time during the Term of employment or at any time Employment and a period extending one year thereafter (the “Restricted Period”) reveal, divulge, or disclose to any Person person not expressly authorized by Coram in writing the Bank any Confidential Information, and Executive shall not, directly or indirectly, at any time during the Term of employment or at any time thereafter Restricted Period use or make use of any Confidential Information in connection with any business activity other than that of Coramthe Bank. Throughout the term of this Agreement and at all times after the date that this Agreement terminates for any reason, Executive shall not directly or indirectly transmit or disclose any Trade Secret of Coram the 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 Coramthe Bank. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either Coram's the Bank’s rights or Executive's ’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 Trade Secrets that is are 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 Coram the Bank with prompt notice of such requirement so that Coram the Bank may seek an appropriate protective order prior to any such required disclosure by Executive.