Common use of CONFIDENTIALITY; PROPRIETARY RIGHTS Clause in Contracts

CONFIDENTIALITY; PROPRIETARY RIGHTS. a. In the course of performing services hereunder on behalf of the Parent, the Company (including all predecessors and successors of each of the Parent and the Company) and its and their affiliates (the Parent and its subsidiaries collectively, the “Employer Parties”), the Executive from time to time will have access to Confidential Information (as defined below). The Executive agrees (a) to hold the Confidential Information in strict confidence, (b) not to disclose the Confidential Information to any person (other than in the ordinary course of the regular business of the Employer Parties), and (c) not to use, directly or indirectly, any of the Confidential Information for any purpose other than on behalf of the Employer Parties. All documents, records, data, apparatus, equipment and other physical property, whether or not pertaining to Confidential Information, that are furnished to the Executive by any Employer Party or are produced by the Executive in connection with the Executive’s employment will be and remain the sole property of the applicable Employer Party. Upon the termination of the Employment Period for any reason and as and when otherwise requested by any Employer Party, all Confidential Information (including, without limitation, all data, memoranda, customer lists, notes, programs and other papers and items, and reproductions thereof relating to the foregoing matters) in the Executive’s possession or control shall be immediately returned to the Company.

CONFIDENTIALITY; PROPRIETARY RIGHTS. a. In the course of performing services hereunder on behalf of the Parent, the Company (including all predecessors and successors of each of the Parent and the Company) and its and their affiliates (the Parent and its subsidiaries collectively, the “Employer Parties”), the Executive from time to time will have access to Confidential Information (as defined below). The Executive agrees (a) to hold the Confidential Information in strict confidence, (b) not to disclose the Confidential Information to any person (other than in the ordinary course of the regular business of the Employer Parties), and (c) not to use, directly or indirectly, any of the Confidential Information for any purpose other than on behalf of the Employer Parties. All documents, records, data, apparatus, equipment and other physical property, whether or not pertaining to Confidential Information, that are furnished to the Executive by any Employer Party or are produced by the Executive in connection with the Executive’s employment will be and remain the sole property of the applicable Employer Party. Upon the termination of the Employment Period for any reason and as and when otherwise requested by any Employer Party, all Confidential Information (including, without limitation, all data, memoranda, customer lists, notes, programs and other papers and items, and reproductions thereof relating to the foregoing matters) in the Executive’s possession or control shall be immediately returned to the Company.