{"component": "clause", "props": {"groups": [{"snippet": "The misapplication, misappropriation or conversion by Borrower, Principal or Guarantor of (A) any Insurance Proceeds paid by reason of any loss, damage or destruction to the Property, (B) any Awards received in connection with a Condemnation of all or a portion of the Property, (C) any Rents during an Event of Default, or (D) any Rents paid more than one month in advance (excluding security deposits);", "snippet_links": [{"key": "by-borrower", "type": "clause", "offset": [51, 62]}, {"key": "insurance-proceeds", "type": "definition", "offset": [98, 116]}, {"key": "any-loss", "type": "definition", "offset": [135, 143]}, {"key": "damage-or-destruction-to-the-property", "type": "clause", "offset": [145, 182]}, {"key": "in-connection-with", "type": "clause", "offset": [208, 226]}, {"key": "a-portion", "type": "definition", "offset": [252, 261]}, {"key": "during-an-event-of-default", "type": "clause", "offset": [293, 319]}, {"key": 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For purposes of this agreement, \u201cmisappropriation\u201d includes, but is not limited to, the accessing, downloading, or transmitting of proprietary information created, stored, or maintained in digital form by a Client for the personal economic or noneconomic use of an employee (You) even though the employee may be otherwise authorized to access such proprietary information to perform his or her job duties.", "snippet_links": [{"key": "during-the-term-of-this-agreement", "type": "clause", "offset": [0, 33]}, {"key": "at-all-times", "type": "definition", "offset": [38, 50]}, {"key": "promise-not-to-disclose", "type": "clause", "offset": [72, 95]}, {"key": "disclosure-or-use", "type": "clause", "offset": [130, 147]}, {"key": "proprietary-information", "type": "definition", "offset": [156, 179]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [187, 205]}, {"key": "the-client", "type": "definition", "offset": [206, 216]}, {"key": "for-purposes-of-this-agreement", "type": "definition", "offset": [218, 248]}, {"key": "not-limited", "type": "clause", "offset": [286, 297]}, {"key": "digital-form", "type": "definition", "offset": [407, 419]}, {"key": "the-personal", "type": "clause", "offset": [436, 448]}, {"key": "an-employee", "type": "clause", "offset": [480, 491]}, {"key": "the-employee", "type": "definition", "offset": [510, 522]}, {"key": "job-duties", "type": "definition", "offset": [612, 622]}], "size": 2, "samples": [{"hash": "34iU0mCnjPM", "uri": "/contracts/34iU0mCnjPM#misappropriation", "label": "Confidentiality and Arbitration Agreement", "score": 22.020332142, "published": true}, {"hash": "2nUs7kRhbV4", "uri": "/contracts/2nUs7kRhbV4#misappropriation", "label": "Confidentiality and Arbitration Agreement", "score": 22.020332142, "published": true}], "hash": "2f65ba31dbf2fcfc9ad6799c4cdacaef", "id": 9}, {"snippet": "To the Company's knowledge, no third party is infringing or misappropriating the Company's Intellectual Property in any manner that, has had or is reasonably likely to have, individually or collectively, a Material Adverse Effect.", "snippet_links": [{"key": "to-the-company", "type": "clause", "offset": [0, 14]}, {"key": "no-third-party", "type": "clause", "offset": [28, 42]}, {"key": "intellectual-property", "type": "definition", "offset": [91, 112]}, {"key": "likely-to-have", "type": "clause", "offset": [158, 172]}, {"key": "material-adverse-effect", "type": "definition", "offset": [206, 229]}], "size": 3, "samples": [{"hash": "f4743GcV5da", "uri": "/contracts/f4743GcV5da#misappropriation", "label": "Common Stock and Warrant Purchase Agreement (Novell Inc)", "score": 18.0, "published": true}, {"hash": "eTCGysIayIV", "uri": "/contracts/eTCGysIayIV#misappropriation", "label": "Common Stock and Warrant Purchase Agreement (Whittman Hart Inc)", "score": 18.0, "published": true}, {"hash": "5ca7syoYR9p", "uri": "/contracts/5ca7syoYR9p#misappropriation", "label": "Common Stock and Warrant Purchase Agreement (Whittman Hart Inc)", "score": 18.0, "published": true}], "hash": "6b749d063c9ed1e1acfefb6d4edfa556", "id": 4}, {"snippet": "This Agreement may be terminated immediately without liability by Licensor in the event that Licensor has reasonable grounds to believe that unauthorized use of the Licensed Patents, Licensed Technical Information, or other Confidential Information of Licensor has been made by Licensee or a person or party within its control.", "snippet_links": [{"key": "agreement-may-be-terminated", "type": "clause", "offset": [5, 32]}, {"key": "without-liability", "type": "clause", "offset": [45, 62]}, {"key": "by-licensor", "type": "clause", "offset": [63, 74]}, {"key": "in-the-event", "type": "clause", "offset": [75, 87]}, {"key": "reasonable-grounds-to-believe", "type": "definition", "offset": [106, 135]}, {"key": "licensed-patents", "type": "clause", "offset": [165, 181]}, {"key": "licensed-technical-information", "type": "definition", "offset": [183, 213]}, {"key": "of-licensor", "type": "clause", "offset": [249, 260]}, {"key": "by-licensee", "type": "clause", "offset": [275, 286]}, {"key": "person-or-party", "type": "definition", "offset": [292, 307]}], "size": 3, "samples": [{"hash": "h65fJIi9faH", "uri": "/contracts/h65fJIi9faH#misappropriation", "label": "Settlement & Dispute Resolution (Liquidmetal Technologies Inc)", "score": 22.3689253936, "published": true}, {"hash": "llvZR1MUzdO", "uri": "/contracts/llvZR1MUzdO#misappropriation", "label": "License Agreement (Liquidmetal Technologies Inc)", "score": 21.0, "published": true}, {"hash": "jg1iHHXOPN6", "uri": "/contracts/jg1iHHXOPN6#misappropriation", "label": "License Agreement (Liquidmetal Technologies Inc)", "score": 21.0, "published": true}], "hash": "4ba518842da5a548b21e69a5c492401c", "id": 7}, {"snippet": "The insurance companies and coverages maintained by Borrower and its Subsidiaries as of the date hereof are satisfactory to Agent as of such date. All such policies of insurance shall be in such amounts and with such insurance companies as are reasonably satisfactory to Agent. Borrower shall deliver copies of all such policies to Agent with a satisfactory lender's loss payable endorsement naming Agent as sole loss payee or additional insured, as appropriate. Each policy of insurance or endorsement shall contain a clause requiring the insurer to give not less than 30 days prior written notice to Agent in the event of cancellation of the policy for any reason whatsoever.", "snippet_links": [{"key": "insurance-companies", "type": "definition", "offset": [4, 23]}, {"key": "borrower-and-its-subsidiaries", "type": "clause", "offset": [52, 81]}, {"key": "date-hereof", "type": "clause", "offset": [92, 103]}, {"key": "policies-of-insurance", "type": "clause", "offset": [156, 177]}, {"key": "borrower-shall", "type": "clause", "offset": [278, 292]}, {"key": "copies-of-all", "type": "clause", "offset": [301, 314]}, {"key": "loss-payable-endorsement", "type": "clause", "offset": [367, 391]}, {"key": "sole-loss-payee", "type": "clause", "offset": [408, 423]}, {"key": "additional-insured", "type": "definition", "offset": [427, 445]}, {"key": "policy-of-insurance", "type": "clause", "offset": [468, 487]}, {"key": "the-insurer", "type": "clause", "offset": [536, 547]}, {"key": "notice-to-agent", "type": "clause", "offset": [592, 607]}, {"key": "for-any-reason", "type": "clause", "offset": [651, 665]}], "size": 2, "samples": [{"hash": "jVUtNEATpGE", "uri": "/contracts/jVUtNEATpGE#misappropriation", "label": "Loan and Security Agreement (Acme Communications Inc)", "score": 18.0, "published": true}, {"hash": "hXtAMQiXpSA", "uri": "/contracts/hXtAMQiXpSA#misappropriation", "label": "Loan and Security Agreement (Acme Television LLC)", "score": 18.0, "published": true}], "hash": "c2929ef887004cfd0e684b2603ede87e", "id": 10}], "next_curs": "ClkSU2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjULEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhltaXNhcHByb3ByaWF0aW9uIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"title": "Misappropriation", "children": [], "parents": [["representations-and-warranties", "Representations and Warranties"], ["term-and-termination", "Term and Termination"], ["covenants", "Covenants"], ["exculpation", "Exculpation"], ["suspension-of-payments", "Suspension of Payments"]], "size": 52, "id": "misappropriation", "related": [["misuse", "Misuse", "Misuse"], ["nonappropriation", "Nonappropriation", "Nonappropriation"], ["infringement-by-third-parties", "Infringement by Third Parties", "Infringement by Third Parties"], ["fraud", "Fraud", "Fraud"], ["infringement", "Infringement", "Infringement"]], "related_snippets": [], "updated": "2025-07-07T12:37:48+00:00", "also_ask": ["What key elements must be included to clearly define 'misappropriation' and avoid ambiguity?", "How can this clause be strategically negotiated to limit liability or expand protection?", "What are the most common legal pitfalls or fatal flaws in misappropriation clauses?", "How do courts typically interpret and enforce misappropriation provisions in similar agreements?", "How does this clause compare to statutory protections against misappropriation under relevant law?"], "drafting_tip": "Define 'misappropriation' precisely to avoid ambiguity; specify prohibited acts to ensure enforceability; include remedies to deter violations.", "explanation": "The Misappropriation clause defines and prohibits the unauthorized use or disclosure of confidential information, trade secrets, or proprietary materials belonging to one party by another. In practice, this clause applies to situations where an employee, contractor, or business partner might use sensitive information for personal gain or share it with competitors without permission. By clearly outlining what constitutes misappropriation and the consequences of such actions, the clause serves to protect valuable business assets and deter wrongful conduct, thereby reducing the risk of intellectual property theft and maintaining trust between parties."}, "json": true, "cursor": ""}}