Common use of Treatment of Proprietary Property Clause in Contracts

Treatment of Proprietary Property. During the term of this Agreement and thereafter as provided herein, and for all purposes, Agent will regard and treat the Proprietary Property, as strictly confidential and trade secret, wholly owned by PacTel. Agent will exercise its best efforts to ensure the continued confidentiality and ownership by PacTel of all Proprietary Property known by or disclosed or made available to Agent or Agent's Affiliates, whether in connection with this Agreement or any other past or present relationship with PacTel. Agent will cooperate with any additional confidentiality and other similar requirements PacTel may establish from time to time for the protection of the Proprietary Property. Agent will not, during the term of this Agreement or thereafter, claim any interest in or attack the title or any rights of PacTel in or to any or all of the Propriety Property or take any action that would adversely affect PacTel's rights therein, or remove, alter or obfuscate or permit the removal, alteration of obfuscation of any product identification, proprietary restriction, copyright, trademark, service mark xx trade secret notice or label on any Proprietary Property or other property owned by or licensed to PacTel. Agent will immediately notify PacTel of any unauthorized disclosure or use of any Proprietary Property of which Agent becomes aware; provided, however, that PacTel will have the sole right to determine what, if any, action should or will be taken on account of any such disclosure. Agent will assist PacTel, to the extent necessary, in the procurement of or any protection of PacTel's rights to or in any of the Proprietary Property, and PacTel will reimburse Agent for all pre-approved costs incurred in connection therewith.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Lets Talk Cellular & Wireless Inc), Asset Purchase Agreement (Lets Talk Cellular & Wireless Inc), Asset Purchase Agreement (Lets Talk Cellular & Wireless Inc)

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Treatment of Proprietary Property. During the term of this Agreement and thereafter as provided herein, and for all purposes, Agent Employee will regard and treat the Proprietary Property, Property as strictly confidential and trade secret, wholly owned by PacTel. Agent Employee will exercise its best efforts to ensure the continued confidentiality and ownership by PacTel of all Proprietary Property known by or disclosed or made available to Agent or Agent's AffiliatesEmployee, whether in connection with this Agreement or any other past or present relationship with PacTel. Agent Employee will cooperate with any additional confidentiality and other similar requirements PacTel may establish from time to time for the protection of the Proprietary Property. Agent Employee will not, during the term of this Agreement or thereafter, claim any EXHIBIT B PAGE 2 149 interest in or attack the title or any rights of PacTel in or to any or all of the Propriety Proprietary Property or take any action that would adversely affect PacTel's rights therein, or remove, alter or obfuscate or permit the removal, alteration of or obfuscation of any product identification, proprietary restriction, copyright, trademark, service mark xx trade secret notice or label on any Proprietary Property or other property owned by or licensed to PacTel. Agent Employee will immediately notify PacTel of any unauthorized disclosure or use of any Proprietary Property of which Agent Employee becomes aware; provided, however, that PacTel will have the sole right to determine what, if any, action should or will be taken on account of any such disclosure. Agent Employee will assist PacTel, to the extent necessary, in the procurement of or any protection of PacTel's rights to or in any of the Proprietary Property, and PacTel will reimburse Agent Employee for all pre-approved costs incurred in connection therewith.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Lets Talk Cellular & Wireless Inc), Asset Purchase Agreement (Lets Talk Cellular & Wireless Inc)

Treatment of Proprietary Property. During the term of this Agreement and thereafter as provided herein, and for all purposes, Agent Subagent will regard and treat the Proprietary Property, Property as strictly confidential and trade secret, wholly owned by PacTel. Agent Subagent will exercise its best efforts to ensure the continued confidentiality and ownership by PacTel of all Proprietary Property known by or disclosed or made available to Agent Subagent or AgentSubagent's Affiliates, whether in connection with this Agreement or any other past or present relationship with PacTel. Agent Subagent will cooperate with any additional confidentiality and other similar requirements PacTel may establish from time to time for the protection of EXHIBIT C PAGE 2 152 the Proprietary Property. Agent Subagent will not, during the term of this Agreement or thereafter, claim any interest in or attack the title or any rights of PacTel in or to any or all of the Propriety Proprietary Property or take any action that would adversely affect PacTel's rights therein, or remove, alter or obfuscate or permit the removal, alteration of or obfuscation of any product identification, proprietary restriction, copyright, trademark, service mark xx trade secret notice or label on any Proprietary Property or other property owned by or licensed to PacTel. Agent Subagent will immediately notify PacTel of any unauthorized disclosure or use of any Proprietary Property of which Agent Subagent becomes aware; provided, however, that PacTel will have the sole right to determine what, if any, action should or will be taken on account of any such disclosure. Agent Subagent will assist PacTel, to the extent necessary, in the procurement of or any protection of PacTel's rights to or in any of the Proprietary Property, and PacTel will reimburse Agent Subagent for all pre-approved costs incurred in connection therewith.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Lets Talk Cellular & Wireless Inc), Asset Purchase Agreement (Lets Talk Cellular & Wireless Inc)

Treatment of Proprietary Property. During the term of this Agreement and thereafter as provided herein, and for all purposes, Agent Subagent will regard and treat the Proprietary Property, Property as strictly confidential and trade secret, wholly owned by PacTel. Agent Subagent will exercise its best efforts to ensure the continued confidentiality and ownership by PacTel of all Proprietary Property known by or disclosed or made available to Agent Subagent or AgentSubagent's Affiliates, whether in connection with this Agreement or any other past or present relationship with PacTel. Agent Subagent will cooperate with any additional confidentiality and other similar requirements PacTel may establish from time to time for the protection of 148 the Proprietary Property. Agent Subagent will not, during the term of this Agreement or thereafter, claim any interest in or attack the title or any rights of PacTel in or to any or all of the Propriety Proprietary Property or take any action that would adversely affect PacTel's rights therein, or remove, alter or obfuscate or permit the removal, alteration of or obfuscation of any product identification, proprietary restriction, copyright, trademark, service mark xx trade secret notice or label on any Proprietary Property or other property owned by or licensed to PacTel. Agent Subagent will immediately notify PacTel of any unauthorized disclosure or use of any Proprietary Property of which Agent Subagent becomes aware; provided, however, that PacTel will have the sole right to determine what, if any, action should or will be taken on account of any such disclosure. Agent Subagent will assist PacTel, to the extent necessary, in the procurement of or any protection of PacTel's rights to or in any of the Proprietary Property, and PacTel will reimburse Agent Subagent for all pre-approved costs incurred in connection therewith.

Appears in 1 contract

Samples: Asset Purchase Agreement (Lets Talk Cellular & Wireless Inc)

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Treatment of Proprietary Property. During the term of this Agreement and thereafter as provided herein, and for all purposes, Agent Employee will regard and treat the Proprietary Property, Property as strictly confidential and trade secret, wholly owned by PacTel. Agent Employee will exercise its best efforts to ensure the continued confidentiality and ownership by PacTel of all Proprietary Property known by or disclosed or made available to Agent or Agent's AffiliatesEmployee, whether in connection with this Agreement or any other past or present relationship with PacTel. Agent Employee will cooperate with any additional confidentiality and other similar requirements PacTel may establish from time to time for the protection of the Proprietary Property. Agent Employee will not, during the term of this Agreement or thereafter, claim any 145 interest in or attack the title or any rights of PacTel in or to any or all of the Propriety Proprietary Property or take any action that would adversely affect PacTel's rights therein, or remove, alter or obfuscate or permit the removal, alteration of or obfuscation of any product identification, proprietary restriction, copyright, trademark, service mark xx trade secret notice or label on any Proprietary Property or other property owned by or licensed to PacTel. Agent Employee will immediately notify PacTel of any unauthorized disclosure or use of any Proprietary Property of which Agent Employee becomes aware; provided, however, that PacTel will have the sole right to determine what, if any, action should or will be taken on account of any such disclosure. Agent Employee will assist PacTel, to the extent necessary, in the procurement of or any protection of PacTel's rights to or in any of the Proprietary Property, and PacTel will reimburse Agent Employee for all pre-approved costs incurred in connection therewith.

Appears in 1 contract

Samples: Asset Purchase Agreement (Lets Talk Cellular & Wireless Inc)

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