Common use of Confidentiality & Proprietary Information Clause in Contracts

Confidentiality & Proprietary Information. (a) Unless he obtains the prior written consent of the Company (which consent shall not be unreasonably withheld), Executive shall keep confidential and shall refrain from using for the benefit of any person or entity other than the Company or any entity which is a subsidiary of the Company or of which the Company is a subsidiary, any material document or information obtained from the Company, or from its parent or subsidiaries, in the course of his employment with any of them concerning their properties, operations or business (unless such document or information is readily ascertainable from public or published information or trade sources or has otherwise been made available to the public through no fault of his own) until the same ceases to be material (or becomes so ascertainable or available); provided, however, that nothing in this Section 11 shall prevent Executive, with or without the Company's consent, from participating in or disclosing documents or information in connection with any judicial or administrative investigation, inquiry or proceeding to the extent that such participation or disclosure is required under applicable law. (b) Executive acknowledges that during the course of his employment with the Company he may develop or otherwise acquire papers, files or other records involving or relating to confidential or secret processes, formulas, discoveries, inventions, machinery, plans, design information of any kind, devices, material, research, new product development, customers or customer lists. All such papers, files and other records shall be the exclusive property of the Company and shall, together with any and all copies thereof, be returned to the Company upon Executive's termination of employment.

Appears in 2 contracts

Sources: Executive Employment Agreement (Bio Aqua Systems Inc), Executive Employment Agreement (Bio Aqua Systems Inc)

Confidentiality & Proprietary Information. (a) Unless he obtains the prior written consent of the Company (which consent shall not be unreasonably withheld), Executive Mr. Vilensky shall keep confidential and shall refrain from using for the benefit ▇▇▇ ▇▇▇▇▇▇▇ of any person or entity other than the Company or any entity which is a subsidiary of the Company or of which the Company is a subsidiary, any material document or information obtained from the Company, or from its parent or subsidiaries, in the course of his employment with any of them concerning their properties, operations or business (unless such document or information is readily ascertainable from public or published information or trade sources or has otherwise been made available to the public through no fault of his own) until the same ceases to be material (or becomes so ascertainable or available); provided, however, that nothing in this Section 11 shall prevent ExecutiveMr. Vilensky, with or without the Company's consent, from participating in or disclosing participati▇▇ ▇▇ ▇▇ ▇▇▇closing documents or information in connection with any judicial or administrative investigation, inquiry or proceeding to the extent that such participation or disclosure is required under applicable law. (b) Executive Mr. Vilensky acknowledges that during the course of his employment with the Company wi▇▇ ▇▇▇ ▇▇▇▇▇ny he may develop or otherwise acquire papers, files or other records involving or relating to confidential or secret processes, formulas, discoveries, inventions, machinery, plans, design information of any kind, devices, material, research, new product development, customers or customer lists. All such papers, files and other records shall be the exclusive property of the Company and shall, together with any and all copies thereof, be returned to the Company upon ExecutiveMr Vilensky's termination of employment.

Appears in 2 contracts

Sources: Employment Agreement (Uniservice Corp/Fl), Employment Agreement (Uniservice Corp/Fl)

Confidentiality & Proprietary Information. (a) Unless he obtains the prior written consent of the Company (which consent shall not be unreasonably withheld), Executive Mr. Aguirre shall keep confidential and shall refrain from using for the benefit ▇▇▇ ▇▇▇▇▇▇▇ of any person or entity other than the Company or any entity which is a subsidiary of the Company or of which the Company is a subsidiary, any material document or information obtained from the Company, or from its parent or subsidiaries, in the course of his employment with any of them concerning their properties, operations or business (unless such document or information is readily ascertainable from public or published information or trade sources or has otherwise been made available to the public through no fault of his own) until the same ceases to be material (or becomes so ascertainable or available); provided, however, that nothing in this Section 11 7 shall prevent ExecutiveMr. Aguirre, with or without the Company's consent, from participating in or disclosing participatin▇ ▇▇ ▇▇ ▇▇▇closing documents or information in connection with any judicial or administrative investigation, inquiry or proceeding to the extent that such participation or disclosure is required under applicable law. (b) Executive Mr. Aguirre acknowledges that during the course of his employment with the Company wit▇ ▇▇▇ ▇▇▇▇▇ny he may develop or otherwise acquire papers, files or other records involving or relating to confidential or secret processes, formulas, discoveries, inventions, machinery, plans, design information of any kind, devices, material, research, new product development, customers or customer lists. All such papers, files and other records shall be the exclusive property of the Company and shall, together with any and all copies thereof, be returned to the Company upon ExecutiveMr Vilensky's termination of employment.

Appears in 2 contracts

Sources: Employment Agreement (Uniservice Corp/Fl), Employment Agreement (Uniservice Corp/Fl)

Confidentiality & Proprietary Information. (a) Unless he obtains the prior written consent of the Company (which consent shall not be unreasonably withheld), Executive ▇▇. ▇▇▇▇▇▇ shall keep confidential and shall refrain from using for the benefit of any person or entity other than the Company or any entity which is a subsidiary of the Company or of which the Company is a subsidiary, any material document or information obtained from the Company, or from its parent or subsidiaries, in the course of his employment with any of them concerning their properties, operations or business (unless such document or information is readily ascertainable from public or published information or trade sources or has otherwise been made available to the public through no fault of his own) until the same ceases to be material (or becomes so ascertainable or available); provided, however, that nothing in this Section 11 7 shall prevent Executive▇▇. ▇▇▇▇▇▇, with or without the Company's consent, from participating in or disclosing documents or information in connection with any judicial or administrative investigation, inquiry or proceeding to the extent that such participation or disclosure is required under applicable law. (b) Executive ▇▇. ▇▇▇▇▇▇ acknowledges that during the course of his employment with the Company he may develop or otherwise acquire papers, files or other records involving or relating to confidential or secret processes, formulas, discoveries, inventions, machinery, plans, design information of any kind, devices, material, research, new product development, customers or customer lists. All such papers, files and other records shall be the exclusive property of the Company and shall, together with any and all copies thereof, be returned to the Company upon Executive's ▇▇ ▇▇▇▇▇▇'▇ termination of employment.

Appears in 1 contract

Sources: Employment Agreement (Bio Aqua Systems Inc)

Confidentiality & Proprietary Information. (a) Unless he obtains the prior written consent of the Company (which consent shall not be unreasonably withheld), Executive ▇▇. ▇'▇▇▇▇▇▇ shall keep confidential and shall refrain from using for the benefit of any person or entity other than the Company or any entity which is a subsidiary of the Company or of which the Company is a subsidiary, any material document or information obtained from the Company, or from its parent or subsidiaries, in the course of his employment with any of them concerning their properties, operations or business (unless such document or information is readily ascertainable from public or published information or trade sources or has otherwise been made available to the public through no fault of his own) until the same ceases to be material (or becomes so ascertainable or available); provided, however, that nothing in this Section section 11 shall prevent Executive▇▇. ▇'▇▇▇▇▇▇, with or without the Company's consent, from participating in or disclosing documents or information in connection with any judicial or administrative investigation, inquiry or proceeding to the extent that such participation or disclosure is required under applicable law. (b) Executive ▇▇. ▇'▇▇▇▇▇▇ acknowledges that during the course of his employment with the Company he may develop or otherwise acquire papers, files or other records involving or relating to confidential or secret processes, formulas, discoveries, inventions, machinery, plans, design information of any kind, devices, material, research, new product development, customers or customer lists. All such papers, files and other records shall be the exclusive property of the Company and shall, together with any and all copies thereof, be returned to the Company upon Executive's ▇▇. ▇'▇▇▇▇▇▇'▇ termination of employment.

Appears in 1 contract

Sources: Employment Agreement (Windswept Environmental Group Inc)

Confidentiality & Proprietary Information. (a) Unless he obtains the prior written consent of the Company (which consent shall not be unreasonably withheld), Executive ▇▇. ▇▇▇▇▇▇ shall keep confidential and shall refrain from using for the benefit of any person or entity other than the Company or any entity which is a subsidiary of the Company or of which the Company is a subsidiary, any material document or information obtained from the Company, or from its parent or subsidiaries, in the course of his employment with any of them concerning their properties, operations or business (unless such document or information is readily ascertainable from public or published information or trade sources or has otherwise been made available to the public through no fault of his own) until the same ceases to be material (or becomes so ascertainable or available); provided, however, that nothing in this Section 11 shall prevent Executive▇▇. ▇▇▇▇▇▇, with or without the Company's consent, from participating in or disclosing documents or information in connection with any judicial or administrative investigation, inquiry or proceeding to the extent that such participation or disclosure is required under applicable law. (b) Executive ▇▇. ▇▇▇▇▇▇ acknowledges that during the course of his employment with the Company he may develop or otherwise acquire papers, files or other records involving or relating to confidential or secret processes, formulas, discoveries, inventions, machinery, plans, design information of any kind, devices, material, research, new product development, customers or customer lists. All such papers, files and other records shall be the exclusive property of the Company and shall, together with any and all copies thereof, be returned to the Company upon Executive's ▇▇. ▇▇▇▇▇▇'▇ termination of employment.

Appears in 1 contract

Sources: Employment Agreement (Gay Entertainment Television Inc)