Common use of Nondisclosure Agreement Clause in Contracts

Nondisclosure Agreement. Consultant recognizes and acknowledges that as a result of this Agreement with LocatorX, Consultant will have access to and acquire valuable and confidential information of a special and unique nature relating to but not limited to LocatorX’ technologies, source code, licensed and pending patents, processes, trade secrets, sales, service, pricing, costs, customers, prospective or potential customers (all of which hereinafter is referred to collectively as the “Proprietary Confidential Information”). As an inducement to LocatorX to enter this Agreement with Consultant, Consultant agrees that for a period of thirty-six (36) months after termination of this Agreement that Consultant nor any of its agents, shall directly or indirectly, use, divulge, or disclose for any purpose whatsoever all or any part of the Proprietary Confidential Information.

Nondisclosure Agreement. Consultant recognizes and acknowledges that as a result of this Agreement with LocatorX, Consultant will have access to and acquire valuable and confidential information of a special and unique nature relating to but not limited to LocatorX’ technologies, source code, licensed and pending patents, processes, trade secrets, sales, service, pricing, costs, customers, prospective or potential customers (all of which hereinafter is referred to collectively as the “Proprietary Confidential Information”). As an inducement to LocatorX to enter this Agreement with Consultant, Consultant agrees that for a period of thirty-six twenty four (3624) months after termination of this Agreement that Consultant nor any of its agents, shall directly or indirectly, use, divulge, or disclose for any purpose whatsoever all or any part of the Proprietary Confidential Information.

Nondisclosure Agreement. Consultant recognizes and acknowledges that as a result of this Agreement with LocatorX, Consultant will have access to and acquire valuable and confidential information of a special and unique nature relating to but not limited to LocatorX’ technologies, source code, licensed and pending patents, processes, trade secrets, sales, service, pricing, costs, customers, prospective or potential customers (all of which hereinafter is referred to collectively as the “Proprietary Confidential Information”). As an inducement to LocatorX to enter this Agreement with Consultant, Consultant agrees that for a period of thirty-thirty six (36) months after termination of this Agreement that Consultant nor any of its agents, shall directly or indirectly, use, divulge, or disclose for any purpose whatsoever all or any part of the Proprietary Confidential Information.