Common use of The P Clause in Contracts

The P. C. acknowledges and agrees that the Manager is entitled to prevent its competitors from obtaining and utilizing its trade secrets. The P.C. agrees to hold the Manager's trade secrets in strictest confidence and not to disclose them or allow them to be disclosed directly or indirectly to any person or entity other than persons engaged by the P.C. or the Manager. The P.C. acknowledges its fiduciary obligations to the Manager and the confidentiality of its relationship with the Manager and of any information relating to the services and business methods of the Manager which it may obtain during the term of this Agreement. The P.C. shall not, either during the term of this Agreement or at any time after the expiration or sooner termination of this Agreement, disclose to anyone other than employees or independent contractors of the P.C. or the Manager any confidential or proprietary information or trade secret obtained by the P.C. from the Manager. The P.C. also agrees to place any persons to whom said information is disclosed for the purpose of performance under legal obligation to treat such information as strictly confidential.

The P. C. acknowledges and agrees that the Manager VFD is entitled to prevent its competitors from obtaining and utilizing its trade secrets. The P.C. agrees to hold the ManagerVFD's trade secrets in strictest confidence and not to disclose them or allow them to be disclosed directly or indirectly to any person or entity other than persons engaged by the P.C. or the ManagerVFD. The P.C. acknowledges its fiduciary obligations to the Manager VFD and the confidentiality of its relationship with the Manager VFD and of any information relating to the services and business methods of the Manager VFD which it may obtain during the term of this Agreement. The P.C. shall not, either during the term of this Agreement or at any time after the expiration or sooner termination of this Agreement, disclose to anyone other than employees or independent contractors of the P.C. or the Manager VFD any confidential or proprietary information or trade secret obtained by the P.C. from the ManagerVFD. The P.C. also agrees to place any persons to whom said information is disclosed for the purpose of performance under legal obligation to treat such information as strictly confidential.

The P. C. acknowledges and agrees that the Manager Administrator is entitled to prevent its competitors from obtaining and utilizing its trade secrets. The P.C. agrees to hold the ManagerAdministrator's trade secrets in strictest confidence and not to disclose them or allow them to be disclosed directly or indirectly to any person or entity other than persons engaged by the P.C. or the ManagerAdministrator. The P.C. acknowledges its fiduciary obligations to the Manager Administrator and the confidentiality of its relationship with the Manager Administrator and of any information relating to the services and business methods of the Manager Administrator which it may obtain during the term of this Agreement. The P.C. shall not, either during the term of this Agreement or at any time after the expiration or sooner termination of this Agreement, disclose to anyone other than employees or independent contractors of the P.C. or the Manager Administrator any confidential or proprietary information or trade secret obtained by the P.C. from the ManagerAdministrator. The P.C. also agrees to place any persons to 8 8 whom said information is disclosed for the purpose of performance under legal obligation to treat such information as strictly confidential.