Common use of Trade Secrets In General Clause in Contracts

Trade Secrets In General. During the course of EMPLOYEE's employment, EMPLOYEE will have access to various trade secrets of PETCO. A "Trade Secret" is information, which is not generally known to the public and, as a result, is of economic benefit to PETCO in the conduct of its business. EMPLOYEE and PETCO agree that Trade Secrets shall include, but not be limited to, all information developed or obtained by PETCO, comprising the following items, whether or not such items have been reduced to tangible form (e.g., physical writing): all methods, technics, processes, ideas, trade names, service marks, slogans, forms, customer lists, pricing structures, menus, business forms, recipes, formulas, marketing programs and plans, layout and design, financial structure, operational methods and tactics, cost information, the identity of suppliers or customers of PETCO, customer lists, accounting procedures, databases, and any document, record or other information of PETCO relating to the above. Trade Secrets include not only information belonging to PETCO which existed before the date of this Agreement, but also information developed by EMPLOYEE or PETCO or PETCO's employees during the term of this Agreement and thereafter.

Appears in 2 contracts

Samples: Retention Agreement (Petco Animal Supplies Inc), Retention Agreement (Petco Animal Supplies Inc)

AutoNDA by SimpleDocs

Trade Secrets In General. During the course of EMPLOYEE's employment, EMPLOYEE will have access to various trade secrets of PETCO. A "Trade Secret" is information, information which is not generally known to the public and, as a result, is of economic benefit to PETCO in the conduct of its business. EMPLOYEE and PETCO agree that Trade Secrets shall include, but not be limited to, all information developed or obtained by PETCO, comprising the following items, whether or not such items have been reduced to tangible form (e.g., physical writing): all methods, technics, processes, ideas, trade names, service marks, slogans, forms, customer lists, pricing structures, menus, business forms, recipes, formulas, marketing programs and plans, layout and design, financial structure, operational methods and tactics, cost information, the identity of suppliers or customers of PETCO, customer lists, accounting procedures, databases, and any document, record or other information of PETCO relating to the above. Trade Secrets include not only information belonging to PETCO which existed before the date of this Agreement, but also information developed by EMPLOYEE or PETCO or PETCO's employees during the term of this Agreement and thereafter.

Appears in 2 contracts

Samples: 18 Retention Agreement (Petco Animal Supplies Inc), Retention Agreement (Petco Animal Supplies Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.