Written or Printed Material Clause Samples

Written or Printed Material. All written or printed materials, notebooks and records used by Employee in performing duties for Employer, Regency Bancorp, Regency Bank or their respective subsidiaries, other than Employee's personal notes and diaries, are and shall remain the sole property of Employer. Upon termination of employment, Employee shall promptly return all such material (including all copies) to Employer. Employee agrees to hold all of the foregoing materials in confidence and not to, directly or indirectly, disclose, use copy, publish, summarize, or remove from the premises of Employer, Regency Bancorp, Regency Bank or their respective subsidiaries, such materials except during the period of employment described herein to the extent necessary to carry out Employee's responsibilities under this Agreement and, after termination of the period of employment hereunder, for three (3) years, unless specifically authorized in writing by the Board of Directors of Employer. Employee acknowledges that the pursuit of activities forbidden by this paragraph 7 would necessarily involve the use or disclosure of Employer's proprietary information but that proof of such breach would be extremely difficult. To forestall such disclosure, use and breach, and in consideration of the employment under this Agreement, Employee agrees that for a period of three (3) years after termination of his employment, Employee shall not, for himself or any third party, use proprietary information of Employer, Regency Bancorp, Regency Bank or their respective subsidiaries to solicit the business of any of their respective customers by initiating direct contact with such customers or to otherwise interfere with the business relationship between any of them and any such customer, except that, upon termination of this Agreement, an announcement thereof shall be sent to the customers of Employer in form and substance as Employer and Employee shall in good faith mutually agree. This paragraph 7 shall survive expiration or termination of this Agreement. Nothing in this paragraph 7 is intended to limit any remedy of Employer, Regency Bancorp, Regency Bank or their respective subsidiaries under the California Uniform Trade Secrets Act (California Civil Code Section 3426), or otherwise available under law.