Common use of Confidential Information and Trade Secrets Clause in Contracts

Confidential Information and Trade Secrets. During Executive’s employment, the parties acknowledge that Employers shall disclose, or have already disclosed, to Executive for use in Executive’s employment, and Executive shall be provided access to and otherwise shall make use of, acquire, create, or add to certain valuable, unique, proprietary, and secret information of Employers (whether tangible or intangible and whether or not electronically kept or stored), including financial statements, drawings, designs, manuals, business plans, processes, procedures, formulas, inventions, pricing policies, customer and prospect lists and contacts, contracts, sources and identity of vendors and contractors, financial information of customers of Employers, and other proprietary documents, materials, or information indigenous to Employers, relating to their businesses and activities, or the manner in which Employers do business, which is valuable to Employers in conducting their business because the information is kept confidential and is not generally known to Employers’ competitors or to the general public (“Confidential Information”). Confidential Information does not include information generally known or easily obtained from public sources or public records, unless Executive causes the Confidential Information to become generally known or easily obtained from public sources or public records. To the extent that the Confidential Information rises to the level of a trade secret under applicable law, then Executive shall, during Executive’s employment and for so long as the Confidential Information remains a trade secret under applicable law (or for the maximum period of time otherwise allowed by applicable law) (i) protect and maintain the confidentiality of such trade secrets and (ii) refrain from disclosing, copying, or using any such trade secrets, without Employers’ prior written consent, except as necessary in Executive’s performance of Executive’s duties while employed with Employers. To the extent that the Confidential Information defined above does not rise to the level of a trade secret under applicable law, Executive shall, during Executive’s employment and for a period of two years following any voluntary or involuntary termination of employment (whether by Employers or Executive), (i) protect and maintain the confidentiality of the Confidential Information and (ii) refrain from disclosing, copying, or using any Confidential Information without Employers’ prior written consent, except as necessary in Executive’s performance of Executive’s duties while employed with Employers.

Appears in 5 contracts

Samples: Employment Agreement (Atlantic Capital Bancshares, Inc.), Employment Agreement (Atlantic Capital Bancshares, Inc.), Employment Agreement (Atlantic Capital Bancshares, Inc.)

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Confidential Information and Trade Secrets. During Executive’s employment, the parties acknowledge that Employers the Company shall disclose, or have already disclosed, to Executive for use in Executive’s employment, and that Executive shall will be provided access to and otherwise shall make use of, acquire, create, or add to certain valuable, unique, proprietary, and secret information of Employers the Company, the Bank Holding Company and the Bank (whether tangible or intangible and whether or not electronically kept or stored), including financial statements, drawings, designs, manuals, business plans, processes, procedures, formulas, inventions, pricing policies, customer and prospect lists and contacts, contracts, sources and identity of vendors and contractors, financial information of customers of Employersthe Company, the Bank Holding Company and the Bank and other proprietary documents, materials, or information indigenous to Employersthe Company, the Bank Holding Company and the Bank relating to their respective businesses and activities, or the manner in which Employers do the Company, the Bank Holding Company and the Bank does business, which is valuable to Employers the Company, the Bank Holding Company and the Bank in conducting their business because the information is kept confidential and is not generally known to Employers’ their competitors or to the general public (“Confidential Information”). Confidential Information does not include information generally known or easily obtained from public sources or public records, unless Executive causes the Confidential Information to become generally known or easily obtained from public sources or public records. To the extent that the Confidential Information rises to the level of a trade secret under applicable law, then Executive shall, during Executive’s employment and for so long as the Confidential Information remains a trade secret under applicable law (or for the maximum period of time otherwise allowed by applicable law) (i) protect and maintain the confidentiality of such trade secrets and (ii) refrain from disclosing, copying, or using any such trade secrets, secrets without Employers’ the Company’s prior written consent, except as necessary in Executive’s performance of Executive’s duties while employed with Employersthe Company. To the extent that the Confidential Information defined above does not rise to the level of a trade secret under applicable law, Executive shall, during Executive’s employment and for a period of two years one year following any voluntary or involuntary termination of employment (whether by Employers the Company or Executive), (i) protect and maintain the confidentiality of the Confidential Information and (ii) refrain from disclosing, copying, or using any Confidential Information without Employers’ the Company’s prior written consent, except as necessary in Executive’s performance of Executive’s duties while employed with Employersthe Company.

Appears in 5 contracts

Samples: Employment Agreement (Xenith Bankshares, Inc.), Employment Agreement (Xenith Bankshares, Inc.), Employment Agreement (Xenith Bankshares, Inc.)

Confidential Information and Trade Secrets. During Executive’s 's employment, the parties acknowledge that Employers shall disclose, or have disclose (and/or has already disclosed, ) to Executive for use in Executive’s 's employment, and that Executive shall will be provided access to and otherwise shall make use of, acquire, create, or add to certain valuable, unique, proprietary, and secret information of Employers (whether tangible or intangible and whether or not electronically kept or stored), including financial statements, drawings, designs, manuals, business plans, processes, procedures, formulas, inventions, pricing policies, customer and prospect lists and contacts, contracts, sources and identity of vendors and contractors, financial information of customers of Employers, and other proprietary documents, materials, or information indigenous to Employers, relating to their businesses and activities, or the manner in which Employers do business, which is valuable to Employers in conducting their business because the information is kept confidential and is not generally known to Employers' competitors or to the general public ("Confidential Information"). Confidential Information does not include information generally known or easily obtained from public sources or public records, records (unless Executive causes the said Confidential Information to become generally known or easily obtained from public sources or public recordstherefrom). To the extent that the Confidential Information rises to the level of a trade secret under applicable law, then Executive shall, during Executive’s 's employment and for so long as the said Confidential Information remains a trade secret under applicable law (or for the maximum period of time otherwise allowed by applicable law) (i) protect and maintain the confidentiality of such trade secrets and (ii) refrain from disclosing, copying, or using any such trade secrets, secrets without Employers' prior written consent, except as necessary in Executive’s 's performance of Executive’s 's duties while employed with Employers. To the extent that the Confidential Information defined above does not rise to the level of a trade secret under applicable law, Executive shall, during Executive’s 's employment and for a period of two years one (1) year following any voluntary or involuntary termination of employment (whether by Employers or Executive), (i) protect and maintain the confidentiality of the Confidential Information and (ii) refrain from disclosing, copying, or using any Confidential Information without Employers' prior written consent, except as necessary in Executive’s 's performance of Executive’s 's duties while employed with Employers.

Appears in 3 contracts

Samples: Employment Agreement (GBC Bancorp Inc), Employment Agreement (GBC Bancorp Inc), Employment Agreement (GBC Bancorp Inc)

Confidential Information and Trade Secrets. During Executive’s employment, the parties acknowledge that Employers the Bank shall disclose, or have disclose (and/or has already disclosed, ) to Executive for use in Executive’s employment, and that Executive shall will be provided access to and otherwise shall make use of, acquire, create, or add to certain valuable, unique, proprietary, and secret information of Employers the-Bank (whether tangible or intangible and whether or not not- electronically kept kept-or stored), including financial statements, drawings, designs, manuals, business plans, processes, procedures, formulas, inventions, pricing policies, customer and prospect lists and contacts, contracts, sources and identity of vendors and contractors, financial information of customers of Employersthe Bank, and other proprietary documents, materials, or information indigenous to Employersthe Bank, relating to their businesses and activities, or the manner in which Employers do the Bank does business, which is valuable to Employers the Bank in conducting their its business because the information is kept confidential and is not generally known to Employers’ the Bank’s competitors or to the general public (“Confidential Information”). Confidential Information does not include information generally known or easily obtained from public sources or public records, records (unless Executive causes the said Confidential Information to become generally known or easily obtained from public sources or public recordstherefrom). To the extent that the Confidential Information rises to the level of a trade secret under applicable law, then Executive shall, during Executive’s employment and for so long as the said Confidential Information remains a trade secret under applicable law (or for the maximum period of time otherwise allowed by applicable law) (i) protect and maintain the confidentiality of such trade secrets and (ii) refrain from disclosing, copying, or using any such trade secrets, secrets without Employers’ the Bank’s prior written consent, except as necessary in Executive’s performance of Executive’s duties while employed with Employersthe Bank. To the extent that the Confidential Information defined above does not rise to the level of a trade secret under applicable law, Executive shall, during Executive’s employment and for a period of two years one (1) year following any voluntary or involuntary termination of employment (whether by Employers the Bank or Executive), (i) protect and maintain the confidentiality of the Confidential Information and (ii) refrain from disclosing, copying, or using any Confidential Information without Employers’ the Bank’s prior written consent, except as necessary in Executive’s performance of Executive’s duties while employed with Employersthe Bank.

Appears in 3 contracts

Samples: Employment Agreement (MetroCity Bankshares, Inc.), Employment Agreement (MetroCity Bankshares, Inc.), Employment Agreement (MetroCity Bankshares, Inc.)

Confidential Information and Trade Secrets. During Executive’s employment, the parties acknowledge that the Employers shall disclose, or have already disclosed, to Executive for use in Executive’s employment, and that Executive shall will be provided access to and otherwise shall make use of, acquire, create, or add to certain valuable, unique, proprietary, and secret information of the Employers (whether tangible or intangible and whether or not electronically kept or stored), including financial statements, drawings, designs, manuals, business plans, processes, procedures, formulas, inventions, pricing policies, customer and prospect lists and contacts, contracts, sources and identity of vendors and contractors, financial information of customers of the Employers, and other proprietary documents, materials, or information indigenous to the Employers, relating to their businesses and activities, or the manner in which the Employers do business, which is valuable to the Employers in conducting their business because the information is kept confidential and is not generally known to the Employers’ competitors or to the general public (“Confidential Information”). Confidential Information does not include information generally known or easily obtained from public sources or public records, unless Executive causes the Confidential Information to become generally known or easily obtained from public sources or public records. To the extent that the Confidential Information rises to the level of a trade secret under applicable law, then Executive shall, during Executive’s employment and for so long as the Confidential Information remains a trade secret under applicable law (or for the maximum period of time otherwise allowed by applicable law) (i) protect and maintain the confidentiality of such trade secrets and (ii) refrain from disclosing, copying, or using any such trade secrets, without the Employers’ prior written consent, except as necessary in Executive’s performance of Executive’s duties while employed with the Employers. To the extent that the Confidential Information defined above does not rise to the level of a trade secret under applicable law, Executive shall, during Executive’s employment and for a period of two years following any voluntary or involuntary termination of employment (whether by the Employers or Executive), (i) protect and maintain the confidentiality of the Confidential Information and (ii) refrain from disclosing, copying, or using any Confidential Information without the Employers’ prior written consent, except as necessary in Executive’s performance of Executive’s duties while employed with the Employers.

Appears in 2 contracts

Samples: Employment Agreement (Atlantic Capital Bancshares, Inc.), Employment Agreement (Atlantic Capital Bancshares, Inc.)

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Confidential Information and Trade Secrets. During Executive’s employment, the parties acknowledge that Employers the Bank shall disclose, or have already disclosed, to Executive for use in Executive’s employment, and that Executive shall will be provided access to and otherwise shall make use of, acquire, create, or add to certain valuable, unique, proprietary, and secret information of Employers the Bank and the Bank Holding Company (whether tangible or intangible and whether or not electronically kept or stored), including financial statements, drawings, designs, manuals, business plans, processes, procedures, formulas, inventions, pricing policies, customer and prospect lists and contacts, contracts, sources and identity of vendors and contractors, financial information of customers of Employersthe Bank and the Bank Holding Company, and other proprietary documents, materials, or information indigenous to Employersthe Bank or the Bank Holding Company, relating to their respective businesses and activities, or the manner in which Employers do the Bank or the Bank Holding Company does business, which is valuable to Employers the Bank and the Bank Holding Company in conducting their business because the information is kept confidential and is not generally known to Employers’ the Bank’s or the Bank Holding Company’s competitors or to the general public (“Confidential Information”). Confidential Information does not include information generally known or easily obtained from public sources or public records, unless Executive causes the Confidential Information to become generally known or easily obtained from public sources or public records. To the extent that the Confidential Information rises to the level of a trade secret under applicable law, then Executive shall, during Executive’s employment and for so long as the Confidential Information remains a trade secret under applicable law (or for the maximum period of time otherwise allowed by applicable law) (i) protect and maintain the confidentiality of such trade secrets and (ii) refrain from disclosing, copying, or using any such trade secrets, secrets without Employers’ the Bank’s prior written consent, except as necessary in Executive’s performance of Executive’s duties while employed with Employersthe Bank. To the extent that the Confidential Information defined above does not rise to the level of a trade secret under applicable law, Executive shall, during Executive’s employment and for a period of two years one year following any voluntary or involuntary termination of employment (whether by Employers the Bank or Executive), (i) protect and maintain the confidentiality of the Confidential Information and (ii) refrain from disclosing, copying, or using any Confidential Information without Employers’ the Bank’s prior written consent, except as necessary in Executive’s performance of Executive’s duties while employed with Employersthe Bank.

Appears in 2 contracts

Samples: Employment Agreement (Xenith Bankshares, Inc.), Employment Agreement (Xenith Bankshares, Inc.)

Confidential Information and Trade Secrets. During Executive’s 's employment, the parties acknowledge that Employers shall disclose, or have disclose (and/or has already disclosed, ) to Executive for use in Executive’s 's employment, and that Executive shall will be provided access to and otherwise shall make use of, acquire, create, or add to certain valuable, unique, proprietary, and secret information of Employers (whether tangible or intangible and whether or not electronically kept or stored), including financial statements, drawings, designs, manuals, business plans, processes, procedures, formulas, inventions, pricing policies, customer and prospect lists and contacts, contracts, sources and identity of vendors and contractors, financial information of customers of Employers, and other proprietary documents, materials, or information indigenous to Employers, relating to their businesses and activities, or the manner in which Employers do business, which is valuable to Employers in conducting their business because the information is kept confidential and is not generally known to Employers' competitors or to the general public ("Confidential Information"). Confidential Information does not include information generally known or easily obtained from public sources or public records, records (unless Executive causes the said Confidential Information to become generally known or easily obtained from public sources or public recordstherefrom). To the extent that the Confidential Information rises to the level of a trade secret under applicable law, then Executive shall, during Executive’s 's employment and for so long as the said Confidential Information remains a trade secret under applicable law (or for the maximum period of time otherwise allowed by applicable law) (i) protect and maintain the confidentiality of such trade secrets and (ii) refrain from disclosing, copying, or using any such trade secrets, secrets without Employers' prior written consent, except as necessary in Executive’s 's performance of Executive’s 's duties while employed with Employers. To the extent that the Confidential Information defined above does not rise to the level of a trade secret under applicable law, Executive shall, during Executive’s employment and for a period of two years year following any voluntary or involuntary termination of employment (whether by Employers or Executive), (i) protect and maintain the confidentiality of the Confidential Information and (ii) refrain from disclosing, copying, or using any Confidential Information without Employers' prior written consent, except as necessary in Executive’s 's performance of Executive’s 's duties while employed with Employers.

Appears in 1 contract

Samples: Employment Agreement (GBC Bancorp Inc)

Confidential Information and Trade Secrets. During Executive’s 's employment, the parties acknowledge that Employers Employer shall disclose, or have disclose (and/or has already disclosed, ) to Executive for use in Executive’s 's employment, and that Executive shall will be provided access to and otherwise shall make use of, acquire, create, or add to certain valuable, unique, proprietary, and secret information of Employers Employer (whether tangible or intangible and whether or not electronically kept or stored), including financial statements, drawings, designs, manuals, business plans, processes, procedures, formulas, inventions, pricing policies, customer and prospect lists and contacts, contracts, sources and identity of vendors and contractors, financial information of customers of EmployersEmployer, and other proprietary documents, materials, or information indigenous to EmployersEmployer, relating to their businesses and activities, or the manner in which Employers do Employer does business, which is valuable to Employers Employer in conducting their its business because the information is kept confidential and is not generally known to Employers’ Employer's competitors or to the general public ("Confidential Information"). Confidential Information does not include information generally known or easily obtained from public sources or public records, records (unless Executive causes the said Confidential Information to become generally known or easily obtained from public sources or public recordstherefrom). To the extent that the Confidential Information rises to the level of a trade secret under applicable law, then Executive shall, during Executive’s 's employment and for so long as the said Confidential Information remains a trade secret under applicable law (or for the maximum period of time otherwise allowed by applicable law) (i) protect and maintain the confidentiality of such trade secrets and (ii) refrain from disclosing, copying, or using any such trade secrets, secrets without Employers’ Employer's prior written consent, except as necessary in Executive’s 's performance of Executive’s 's duties while employed with EmployersEmployer. To the extent that the Confidential Information defined above does not rise to the level of a trade secret under applicable law, Executive shall, during Executive’s employment and for a period of two years year following any voluntary or involuntary termination of employment (whether by Employers Employer or Executive), (i) protect and maintain the confidentiality of the Confidential Information and (ii) refrain from disclosing, copying, or using any Confidential Information without Employers’ Employer's prior written consent, except as necessary in Executive’s 's performance of Executive’s 's duties while employed with EmployersEmployer.

Appears in 1 contract

Samples: Employment Agreement (GBC Bancorp Inc)

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