Common use of Confidentiality Restrictive Covenants Clause in Contracts

Confidentiality Restrictive Covenants. Employee acknowledges that his employment with the Company will afford Employee an opportunity to identify the Company’s business strategies and know-how, enable him to establish favorable relations with the Company’s customers, business prospects and suppliers and provide him with access to other confidential, trade secret or proprietary information of the Company (collectively, the “Confidential Information”) including, without limitation, business and marketing plans, customer files and lists, business prospects, sales techniques, billing files, software, source code, financial information, reports, summaries, spreadsheets, evaluations, drawings, specifications, seismic data, reserve reports, prospect analyses, geological and geophysical data, maps, models, interpretations, and other confidential or proprietary information of the Company whether in written, graphic, electronic or any other format. Employee further acknowledges that the Company will expend considerable amounts of time, money and other assets in the development of this Confidential Information which is essential to its business, and Employee acknowledges that his employment by the Company is conditioned on his promise not to use any Confidential Information or to divulge any Confidential Information to any person or entity not employed by the Company without the Company’s prior written approval. Employee, therefore, agrees not to use, disclose or in any manner reveal to any person, firm, company, corporation or other entity any of the Confidential Information conveyed to him or in connection with his employment by the Company prior or subsequent to this Agreement other than for Employee to carry out his duties under this Agreement. Anything herein to the contrary notwithstanding, this Agreement shall be inoperative as to such portions of the Confidential Information which (i) are or become generally available to the public other than as a result of a disclosure by Employee; (ii) become available to Employee on a nonconfidential basis from a source, other than the Company or its representatives, which has represented to Employee (and which Employee has no reason to disbelieve after due inquiry) that such source is entitled to disclose it, or (iii) were known to Employee on a nonconfidential basis prior to disclosure to Employee by the Company or its representatives. Employee further agrees that while he remains in the employ of the Company and for a period of twelve (12) months following termination of such employment by Employee or by the Company for cause, Employee will not directly or indirectly (whether through any person, firm, company, corporation or other entity, other than the Company), do any of the following anywhere within the geographical area in which the Company does business:

Confidentiality Restrictive Covenants. Employee acknowledges that his employment with the Company will afford Employee an opportunity to identify the Company’s 's business strategies and know-how, enable him to establish favorable relations with the Company’s 's customers, business prospects and suppliers and provide him with access to other confidential, trade secret or proprietary information of the Company (collectively, the “"Confidential Information”") including, without limitation, business and marketing plans, customer files and lists, business prospects, sales techniques, billing files, software, source code, financial information, reports, summaries, spreadsheets, evaluations, drawings, specifications, seismic data, reserve reports, prospect analyses, geological and geophysical data, maps, models, interpretations, and other confidential or proprietary information of the Company whether in written, graphic, electronic or any other format. Employee further acknowledges that the Company will expend considerable amounts of time, money and other assets in the development of this Confidential Information which is essential to its business, and Employee acknowledges that his employment by the Company is conditioned on his promise not to use any Confidential Information or to divulge any Confidential Information to any person or entity not employed by the Company without the Company’s 's prior written approval. Employee, therefore, agrees not to use, disclose or in any manner reveal to any person, firm, company, corporation or other entity any of the Confidential Information conveyed to him or in connection with his employment by the Company prior or subsequent to this Agreement other than for Employee to carry out his duties under this Agreement. Anything herein to the contrary notwithstanding, this Agreement shall be inoperative as to such portions of the Confidential Information which (i) are or become generally available to the public other than as a result of a disclosure by Employee; (ii) become available to Employee on a nonconfidential basis from a source, other than the Company or its representatives, which has represented to Employee (and which Employee has no reason to disbelieve after due inquiry) that such source is entitled to disclose it, or (iii) were known to Employee on a nonconfidential basis prior to disclosure to Employee by the Company or its representatives. Employee further agrees that while he remains in the employ of the Company and for a period of twelve (12) months following termination of such employment by Employee or by the Company for cause, Employee will not directly or indirectly (whether through any person, firm, company, corporation or other entity, other than the Company), do any of the following anywhere within the geographical area in which the Company does business: