Common use of Covenants of Employee Clause in Contracts

Covenants of Employee. 5.1 Employee acknowledges that during the course of his employment by the Company he will have access to trade secrets and other confidential information with respect to the business, operations, accounts, books and records, sales, customers, pricing, marketing, development, testing, scientific research and other activities of the Company ("Trade Secrets"). Accordingly, Employee shall, at all times, keep secret and inviolate all Trade Secrets which he now knows or may hereafter come to know. In addition, Employee shall at no time copy, remove from the premises of the Company or retain, without the prior consent of the Company, any Trade Secrets, including, but not limited to, unpublished records, agreements, books of account, corporate documents, work papers, correspondence, customer lists, memoranda, computer software or documentation in connection therewith, plans, drawings or copies or extracts from any of the foregoing, except as may be required in the normal operation of the Company's business. Upon the termination of Employee's employment, Employee shall promptly return to the Company all Trade Secrets in his possession or under his control and shall verify in writing his return of same as a condition to receipt of any severance pay.

Appears in 6 contracts

Samples: Employment Agreement (Empyrean Bioscience Inc), Employment Agreement (Empyrean Bioscience Inc), Employment Agreement (Empyrean Bioscience Inc)

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Covenants of Employee. 5.1 Employee acknowledges that during the course of his her employment by the Company he she will have access to trade secrets and other confidential information with respect to the business, operations, accounts, books and records, sales, customers, pricing, marketing, development, testing, scientific research and other activities of the Company ("Trade Secrets"). Accordingly, Employee shall, at all times, keep secret and inviolate all Trade Secrets Secrets, which he she now knows or may hereafter come to know. In addition, Employee shall at no time copy, remove from the premises of the Company or retain, without the prior consent of the Company, any Trade Secrets, including, but not limited to, unpublished records, agreements, books of account, corporate documents, work papers, correspondence, customer lists, memoranda, computer software or documentation in connection therewith, plans, drawings or copies or extracts from any of the foregoing, except as may be required in the normal operation of the Company's business. Upon the termination of Employee's employment, Employee shall promptly return to the Company all Trade Secrets in his her possession or under his her control and shall verify in writing his her return of same as a condition to receipt of any severance pay.

Appears in 1 contract

Samples: Employment Agreement (Empyrean Bioscience Inc)

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