Common use of Nondisclosure Covenants Clause in Contracts

Nondisclosure Covenants. During the term of this Agreement, the Executive will have access to and become familiar with various trade secrets and other sensitive information belonging to the NCCI Group consisting of, but not limited to, processes, computer programs, compilations of information, records, sales procedures, customer requirements, pricing techniques, customer lists, technical data, know-how, market reports, consumer investigations, methods of doing business and other confidential information (collectively, the "Confidential Information"), which are acquired, developed and used by the NCCI Group and regularly used in the operation of its business. The Executive acknowledges and agrees that all Confidential Information is and shall remain the property of the NCCI Group. The Executive further agrees that he shall not use in any way or disclose any of the Confidential Information, directly or indirectly, either during the term of this Agreement or at any time thereafter, except as required in the course of his employment under this Agreement or to the extent such Confidential Information is publicly known. All files, records, documents, information, data, and similar items relating to the business of the NCCI Group, whether prepared by the Executive or otherwise coming into his possession, shall remain the exclusive property of NCCI and shall not be removed from the premises of the NCCI Group under any circumstances without the prior written consent of the NCCI Board (except in the ordinary course of business during the Executive's period of active employment under this Agreement), and in any event shall be promptly delivered to NCCI (without the Executive retaining any copies) upon termination of this Agreement.

Nondisclosure Covenants. During the term of this Agreement, the Executive Consultant will have access to and become familiar with various trade secrets and other sensitive information belonging to the NCCI Group consisting of, but not limited to, processes, computer programs, compilations of information, records, sales procedures, customer requirements, pricing techniques, customer lists, technical data, know-how, market reports, consumer investigations, methods of doing business and other confidential information (collectively, the "Confidential Information"), which are acquired, developed and used by the NCCI Group and regularly used in the operation of its business. The Executive Consultant acknowledges and agrees that all Confidential Information is and shall remain the property of the NCCI Group. The Executive Consultant further agrees that he shall not use in any way or disclose any of the Confidential Information, directly or indirectly, either during the term of this Agreement or at any time thereafter, except as required in the course of his employment services under this Agreement or to the extent such Confidential Information is publicly known. All files, records, documents, information, data, and similar items relating to the business of the NCCI Group, whether prepared by the Executive Consultant or otherwise coming into his possession, shall remain the exclusive property of NCCI and shall not be removed from the premises of the NCCI Group under any circumstances without the prior written consent of the NCCI Board (except in the ordinary course of business during the Executive's period term of active employment under this Agreement), and in any event shall be promptly delivered to NCCI (without the Executive Consultant retaining any copies) upon termination of this Agreement.