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

Restriction on Disclosure and Use of Confidential Information. The Executive understands and agrees that the Confidential Information constitutes a valuable asset of the Company and its affiliated entities, and may not be converted to the Executive's own use. Accordingly, the Executive hereby agrees that the Executive shall not, directly or indirectly, at any time during the Restricted Period reveal, divulge or disclose to any Person not expressly authorized by the Company any Confidential Information, and the Executive shall not, directly or indirectly, at any time during the Restricted Period use or make use of any Confidential Information in connection with any business activity other than that of the Company. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the Company's rights or the Executive's obligations under any state or federal statutory or common law regarding trade secrets and unfair trade practices.

Appears in 13 contracts

Samples: Severance Agreement (Promus Hotel Corp/De/), Employment Agreement (Promus Hotel Corp/De/), Severance Agreement (Promus Hotel Corp/De/)

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Restriction on Disclosure and Use of Confidential Information. The Executive understands and agrees that the Confidential Information constitutes a valuable asset of the Company and its affiliated entities, and may not be converted to the Executive's ’s own use. Accordingly, the Executive hereby agrees that the Executive shall not, directly or indirectly, at any time during the Restricted Period reveal, divulge divulge, or disclose to any Person not expressly authorized by the Company any Confidential Information, and the Executive shall not, directly or indirectly, at any time during the Restricted Period use or make use of any Confidential Information in connection with any business activity other than that of the Company. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the Company's ’s rights or the Executive's ’s obligations under any state or federal statutory or common law regarding trade secrets and unfair trade practices.

Appears in 7 contracts

Samples: Change of Control Employment Agreement (Mapics Inc), Change of Control Employment Agreement (Mapics Inc), Change of Control Employment Agreement (Mapics Inc)

Restriction on Disclosure and Use of Confidential Information. The Executive understands and agrees that the Confidential Information constitutes a valuable asset of the Company and its affiliated entities, and may not be converted to the Executive's ’s own use. Accordingly, the Executive hereby agrees that the Executive shall not, directly or indirectly, at any time during the Restricted Period reveal, divulge or disclose to any Person not expressly authorized by the Company any Confidential Information, and the Executive shall not, directly or indirectly, at any time during the Restricted Period use or make use of any Confidential Information in connection with any business activity other than that of the Company. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the Company's ’s rights or the Executive's ’s obligations under any state or federal statutory or common law regarding trade secrets and unfair trade practices.

Appears in 6 contracts

Samples: Employment Agreement, Employment Agreement (Federal Home Loan Bank of Des Moines), Employment Agreement (Federal Home Loan Bank of Des Moines)

Restriction on Disclosure and Use of Confidential Information. The Executive understands and agrees that the Confidential Information constitutes a valuable asset of the Company and its affiliated entities, and may not be converted to the Executive's own use. Accordingly, the Executive hereby agrees that the Executive shall not, directly or indirectly, at any time during the Restricted Period reveal, divulge divulge, or disclose to any Person not expressly authorized by the Company any Confidential Information, and the Executive shall not, directly or indirectly, at any time during the Restricted Period use or make use of any Confidential Information in connection with any business activity other than that of the Company. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the Company's rights or the Executive's obligations under any state or federal statutory or common law regarding trade secrets and unfair trade practices.

Appears in 5 contracts

Samples: Change of Control Employment Agreement (Mapics Inc), Change of Control Employment Agreement (Mapics Inc), Employment Agreement (Fuqua Enterprises Inc)

Restriction on Disclosure and Use of Confidential Information. The Executive understands and agrees that the Confidential Information constitutes a valuable asset of the Company Bank and its affiliated entities, and may not be converted to the Executive's ’s own use. Accordingly, the Executive hereby agrees that the Executive shall not, directly or indirectly, at any time during the Restricted Period reveal, divulge or disclose to any Person not expressly authorized by the Company Bank any Confidential Information, and the Executive shall not, directly or indirectly, at any time during the Restricted Period use or make use of any Confidential Information in connection with any business activity other than that of the CompanyBank. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the Company's Bank’s rights or the Executive's ’s obligations under any state or federal statutory or common law regarding trade secrets and unfair trade practices.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Federal Home Loan Bank of Chicago)

Restriction on Disclosure and Use of Confidential Information. The Executive understands and agrees that the Confidential Information constitutes a valuable asset of the Company Bank and its affiliated entities, and may not be converted to the Executive's own use. Accordingly, the Executive hereby agrees that the Executive shall not, directly or indirectly, at any time during the Restricted Period reveal, divulge divulge, or disclose to any Person not expressly authorized by the Company Bank any Confidential Information, and the Executive shall not, directly or indirectly, at any time during the Restricted Period use or make use of any Confidential Information in connection with any business activity other than that of the CompanyBank. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the CompanyBank's rights or the Executive's obligations under any state or federal statutory or common law regarding trade secrets and unfair trade practices.

Appears in 2 contracts

Samples: Employment Agreement (Federal Home Loan Bank of Chicago), Employment Agreement (Federal Home Loan Bank of Chicago)

Restriction on Disclosure and Use of Confidential Information. The Executive understands and agrees that the Confidential Information constitutes a valuable asset of the Company Bank and its affiliated entities, and may not be converted to the Executive's ’s own use. Accordingly, the Executive hereby agrees that the Executive shall not, directly or indirectly, at any time during the Restricted Period Period, reveal, divulge divulge, or disclose to any Person not expressly authorized by the Company Bank any Confidential Information, and the Executive shall not, directly or indirectly, at any time during the Restricted Period Period, use or make use of any Confidential Information in connection with any business activity other than that of the CompanyBank. The parties Parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the Company's Bank’s rights or the Executive's ’s obligations under any state or federal statutory or common law regarding trade secrets and unfair trade practices.

Appears in 2 contracts

Samples: Employment Agreement (Federal Home Loan Bank of Chicago), Employment Agreement (Federal Home Loan Bank of Chicago)

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Restriction on Disclosure and Use of Confidential Information. The Executive understands and agrees that the Confidential Information constitutes a valuable asset of the Company and its affiliated entities, and may not be converted to the Executive's own use. Accordingly, the Executive hereby agrees that the Executive shall not, directly or indirectly, at any time during the Restricted Period reveal, divulge or disclose to any Person not expressly authorized by the Company any Confidential Information, and the Executive shall not, directly or indirectly, at any time during the Restricted Period use or make use of any Confidential Information in connection with any business activity other than that of the Company. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the Company's rights or the Executive's obligations under any state or federal federal' statutory or common law regarding trade secrets and unfair trade practices.

Appears in 1 contract

Samples: Merger Severance Agreement (Promus Hotel Corp/De/)

Restriction on Disclosure and Use of Confidential Information. The Executive understands and agrees that the Confidential Information constitutes a valuable asset of the Company and its affiliated entities, and may not be converted to the Executive's own use. Accordingly, the Executive hereby agrees that the Executive shall not, directly or indirectly, at any time during the Restricted Period reveal, divulge or disclose to any Person not expressly authorized by the Company any Confidential Information, and the Executive shall not, directly or indirectly, at any time during the Restricted Period use or make use of any Confidential 11 Information in connection with any business activity other than that of the Company. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the Company's rights or the Executive's obligations under any state or federal statutory or common law regarding trade secrets and unfair trade practices.

Appears in 1 contract

Samples: Employment Agreement (Parent Holding Corp)

Restriction on Disclosure and Use of Confidential Information. The Executive understands and agrees that the Confidential Information constitutes a valuable asset of the Company Bank and its affiliated entities, and may not be converted to the Executive's ’s own use. Accordingly, the Executive hereby agrees that the Executive shall not, directly or indirectly, at any time during the Restricted Period reveal, divulge divulge, or disclose to any Person not expressly authorized by the Company Bank any Confidential Information, and the Executive shall not, directly or indirectly, at any time during the Restricted Period use or make use of any Confidential Information in connection with any business activity other than that of the CompanyBank. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the Company's Bank’s rights or the Executive's ’s obligations under any state or federal statutory or common law regarding trade secrets and unfair trade practices.

Appears in 1 contract

Samples: Employment Agreement (Federal Home Loan Bank of Chicago)

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