Company Restricted Clause Samples
The "Company Restricted" clause serves to limit certain actions or activities of the company, typically to protect the interests of other parties involved in an agreement. This clause may restrict the company from engaging in specific business practices, entering into competing ventures, or disclosing sensitive information. By clearly outlining these limitations, the clause helps prevent conflicts of interest and ensures that the company operates within agreed-upon boundaries, thereby safeguarding the contractual relationship and reducing potential risks.
Company Restricted. Data is information that Company or its Affiliate identifies as ‘restricted data’ in the Contract Document, or at the time of disclosure that Company identifies as “Restricted,” “Highly Confidential,” or similar in connection with performance of the Contract Document. Company Restricted Data, includes, but is not limited to: • Critical business information, including details of mergers, acquisitions or dispositions; financial results prior to public reporting; and security vulnerability information relating to Company Information Systems and/or products, and • Critical technical information, including computer source code; non-public invention disclosure and/or patent data.