Common use of NON-PROPRIETARY INFORMATION Clause in Contracts

NON-PROPRIETARY INFORMATION. Notwithstanding the provisions of Section 7(a) hereof, the following shall not be considered to be Proprietary Information: (i) any information that was in the public domain through no fault or act of Employee prior to the disclosure thereof to Employee; (ii) any information that comes into the public domain through no fault or act of Employee; (iii) any information that is disclosed without restriction to Employee by a third party (which term shall not include any equity holder, affiliate, or counsel, accountants and other non-employee representatives of affiliated entities, or of any of their respective equity holders, affiliates or related persons) having the legal right to make such disclosure; and (iv) any confidential business information that is not a trade secret on the three (3) year anniversary of the Termination Date; PROVIDED, HOWEVER, that the limited duration of the confidentiality obligation with regard to Proprietary Information not constituting a trade secret shall not operate or be construed as affording Employee any right or license thereafter to use Proprietary Information, or as a waiver by Atlanticus of the rights and benefits otherwise available to Atlanticus under the laws governing the protection and enforceability of patents, trade secrets and other intellectual property.

Appears in 3 contracts

Sources: Employment Agreement (Atlanticus Holdings Corp), Employment Agreement (Atlanticus Holdings Corp), Employment Agreement (Atlanticus Holdings Corp)

NON-PROPRIETARY INFORMATION. Notwithstanding the provisions of Section 7(a) hereofabove, the following shall not be considered to be Proprietary Information: : (i) any information that was in the public domain through no fault or act of Employee prior to the disclosure thereof to Employee; (ii) any information that comes into the public domain through no fault or act of Employee; (iii) any information that is disclosed without restriction to Employee by a third party (which term shall not include any equity holder, affiliate, or counsel, accountants and other non-employee representatives of affiliated entitiesentitles, or of any of their respective equity holders, affiliates or related persons) having the legal right to make such disclosure; , and (iv) any confidential business information that is not a trade secret on the three (3) year anniversary of the Termination Date; PROVIDED, HOWEVER, that the limited duration of the confidentiality obligation with regard to Proprietary Information not constituting a trade secret shall not operate or be construed as affording Employee any right or license thereafter to use Proprietary Information, or as a waiver by Atlanticus CompuCredit of the rights and benefits otherwise available to Atlanticus CompuCredit under the laws governing the protection and enforceability of patents, trade secrets secret and other intellectual property.

Appears in 2 contracts

Sources: Employment Agreement (Compucredit Corp), Employment Agreement (Compucredit Corp)

NON-PROPRIETARY INFORMATION. Notwithstanding the provisions of Section 7(a) hereofabove, the following shall not be considered to be Proprietary Information: (i) any information that was in the public domain through no fault or act of Employee prior to the disclosure thereof to Employee; (ii) any information that comes into the public domain through no fault or act of Employee; (iii) any information that is disclosed without restriction to Employee by a third party (which term shall not include any equity holder, affiliate, or counsel, accountants and other non-employee representatives of affiliated entitiesentitles, or of any of their respective equity holders, affiliates or related persons) having the legal right to make such disclosure; , and (iv) any confidential business information that is not a trade secret on the three (3) year anniversary of the Termination Date; PROVIDED, HOWEVER, that the limited duration of the confidentiality obligation with regard to Proprietary Information not constituting a trade secret shall not operate or be construed as affording Employee any right or license thereafter to use Proprietary Information, or as a waiver by Atlanticus CompuCredit of the rights and benefits otherwise available to Atlanticus CompuCredit under the laws governing the protection and enforceability of patents, trade secrets secret and other intellectual property.

Appears in 2 contracts

Sources: Employment Agreement (Compucredit Corp), Employment Agreement (Compucredit Corp)

NON-PROPRIETARY INFORMATION. Notwithstanding the provisions of Section 7(a) hereofabove, the following shall not be considered to be Proprietary Information: (i) any information that was in the public domain through no fault or act of Employee prior to the disclosure thereof to Employee; (ii) any information that comes into the public domain through no fault or act of Employee; (iii) any information that is disclosed without restriction to Employee by a third party (which term shall not include any equity holder, affiliate, or counsel, accountants and other non-employee representatives of affiliated entities, or of any of their respective equity holders, affiliates or related persons) having the legal right to make such disclosure; , and (iv) any confidential business information that is not a trade secret on the three (3) year anniversary of the Termination Date; PROVIDED, HOWEVER, that the limited duration of the confidentiality obligation with regard to Proprietary Information not constituting a trade secret shall not operate or be construed as affording Employee any right or license thereafter to use Proprietary Information, or as a waiver by Atlanticus of the rights and benefits otherwise available to Atlanticus under the laws governing the protection and enforceability of patents, trade secrets secret and other intellectual property.

Appears in 1 contract

Sources: Employment Agreement (Atlanticus Holdings Corp)