Common use of Employer’s Property Clause in Contracts

Employer’s Property. Executive hereby confirms that Trade Secrets, proprietary or confidential information and all information concerning business practices of the Employer’s Group, constitute Employer’s Group’s exclusive property, regardless of whether Executive possessed or claims to have possessed such information prior to the date hereof (“Employer Property”) if the same has been utilized by Employer’s Group for any business purpose. Executive agrees that upon termination of employment, Executive shall promptly return to Employer, and retain no copies of, all Employer Property including, but not limited to, Employer Property recorded or appearing in any notes, notebooks, memoranda, computer disks, Rolodexes and any other similar repositories of information (regardless of whether Executive possessed such information prior to the date hereof). Such repositories of information also include, but are not limited to, any files or other data compilations in any form, whether on Executive’s personal or home computer or otherwise, which in any manner contain any Employer Property. Notwithstanding anything to the contrary, nothing in this Section 11(e) is intended to prevent Executive from maintaining general, non-proprietary contact information pertaining to the gaming and hospitality industry that Executive has accumulated over his years in such industry, including his years as an Executive of Employer; provided, however, that Executive shall not use such information in any manner that does or may result in a violation of Executive’s obligations under Section 11 hereof.

Appears in 2 contracts

Samples: Employment Agreement (Nevada Property 1 LLC), Employment Agreement (Nevada Property 1 LLC)

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Employer’s Property. Executive hereby confirms that Trade Secrets, proprietary or confidential information and all information concerning business practices of the Employer’s Employer Group, constitute Employer’s the Employer Group’s 's exclusive property, regardless of whether Executive possessed or claims to have possessed such information prior to the date hereof ("Employer Property") if the same has been utilized by Employer’s the Employer Group for any business purpose. Executive agrees that upon termination of employment, Executive shall promptly return to Employer, and retain no copies of, all Employer Property including, but not limited to, Employer Property recorded or appearing in any notes, notebooks, memoranda, computer disks, Rolodexes and any other similar repositories of information (regardless of whether Executive possessed such information prior to the date hereof). Such repositories of information also include, but are not limited to, any files or other data compilations in any form, whether on Executive’s 's personal or home computer or otherwise, which in any manner contain any Employer Property. Notwithstanding anything to the contrary, nothing in this Section 11(e) is intended to prevent Executive from maintaining general, non-proprietary contact information pertaining to the gaming and hospitality industry that Executive has accumulated over his years in such industry, including his years as an Executive of Employer; provided, however, that Executive shall not use such information in any manner that does or may result in a violation of Executive’s 's obligations under Section 11 hereof.

Appears in 1 contract

Samples: Employment Agreement (Riviera Holdings Corp)

Employer’s Property. Executive hereby confirms that Trade Secrets, proprietary or confidential information and all information concerning business practices of the Employer’s 's Group, constitute Employer’s 's Group’s 's exclusive property, regardless of whether Executive possessed or claims to have possessed such information prior to the date hereof ("Employer Property") if the same has been utilized used by Employer’s 's Group for any business purpose. Executive agrees that upon termination of employment, Executive shall promptly return to Employer, and retain no copies of, all Employer Property including, but not limited to, Employer Property recorded or appearing in any notes, notebooks, memoranda, computer disks, Rolodexes and any other similar repositories of information (regardless of whether Executive possessed such information prior to the date hereof). Such repositories of information also include, but are not limited to, any files or other data compilations in any form, whether on Executive’s personal or home computer or otherwise, which in any manner contain any Employer Property. Notwithstanding anything to the contrary, nothing in this Section 11(e) is intended to prevent Executive from maintaining general, non-proprietary contact information pertaining to the gaming and hospitality industry that Executive has accumulated over his Executive’s years in Exhibit 10.7 such industry, including his Executive’s years as an Executive executive of Employer; provided, however, that Executive shall not use such information in any manner that does or may result in a violation of Executive’s 's obligations under Section 11 hereof.

Appears in 1 contract

Samples: Employment Agreement (Nevada Property 1 LLC)

Employer’s Property. Executive hereby confirms that Trade Secrets, proprietary or confidential information and all information concerning business practices of the Employer’s 's Group, constitute Employer’s 's Group’s 's exclusive property, regardless of whether Executive possessed or claims to have possessed such information prior to the date hereof ("Employer Property") if the same has been utilized by Employer’s 's Group for any business purpose. Executive agrees that upon termination of employment, Executive shall promptly return to Employer, and retain no copies of, all Employer Property including, but not limited to, Employer Property recorded or appearing in any notes, notebooks, memoranda, computer disks, Rolodexes and any other similar repositories of information (regardless of whether Executive possessed such information prior to the date hereof). Such repositories of information also include, but are not limited to, any files or other data compilations in any form, whether on Executive’s personal or home computer or otherwise, which in any manner contain any Employer Property. Notwithstanding anything to the contrary, nothing in this Section 11(e) is intended to prevent Executive from maintaining general, non-proprietary contact information pertaining to the gaming and hospitality industry that Executive has accumulated over his her years in such industry, including his her years as an Executive of Employer; provided, however, that Executive shall not use such information in any manner that does or may result in a violation of Executive’s 's obligations under Section 11 hereof.

Appears in 1 contract

Samples: Employment Agreement (Nevada Property 1 LLC)

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Employer’s Property. Executive hereby confirms that Trade Secrets, proprietary or confidential information and all information concerning business practices of the Employer’s Employer Group, constitute Employer’s the Employer Group’s 's exclusive property, regardless of whether Executive possessed or claims to have possessed such information prior to the date hereof ("Employer Property") if the same has been utilized by Employer’s the Employer Group for any business purpose. Executive agrees that upon termination of employment, Executive shall promptly return to Employer, and retain no copies of, all Employer Property including, but not limited to, Employer Property recorded or appearing in any notes, notebooks, memoranda, computer disks, Rolodexes and any other similar repositories of information (regardless of whether Executive possessed such information prior to the date hereof). Such repositories of information also include, but are not limited to, any files or other data compilations in any form, whether on Executive’s personal or home computer or otherwise, which in any manner contain any Employer Property. Notwithstanding anything to the contrary, nothing in this Section 11(e) is intended to prevent Executive from maintaining general, non-proprietary contact information pertaining to the gaming and hospitality industry that Executive has accumulated over his years in such industry, including his years as an Executive of Employer; provided, however, that Executive shall not use such information in any manner that does or may result in a violation of Executive’s 's obligations under Section 11 hereof.

Appears in 1 contract

Samples: Employment Agreement (Riviera Holdings Corp)

Employer’s Property. Executive hereby confirms that Trade Secrets, proprietary or confidential information and all information concerning business practices of the Employer’s Group, constitute Employer’s Group’s exclusive property, regardless of whether Executive possessed or claims to have possessed such information prior to the date hereof (“Employer Property”) if the same has been utilized by Employer’s Group for any business purpose. Executive agrees that upon termination of employment, Executive shall promptly return to Employer, and retain no copies of, all Employer Property including, but not limited to, Employer Property recorded or appearing in any notes, notebooks, memoranda, computer disks, Rolodexes and any other similar repositories of information (regardless of whether Executive possessed such information prior to the date hereof). Such repositories of information also include, but are not limited to, any files or other data compilations in any form, whether on Executive’s personal or home computer or otherwise, which in any manner contain any Employer Property. Notwithstanding anything to the contrary, nothing in this Section 11(e) is intended to prevent Executive from maintaining general, non-proprietary contact information pertaining to the gaming and hospitality industry that Executive has accumulated over his her years in such industry, including his her years as an Executive of Employer; provided, however, that Executive shall not use such information in any manner that does or may result in a violation of Executive’s obligations under Section 11 hereof.

Appears in 1 contract

Samples: Employment Agreement (Nevada Property 1 LLC)

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