Common use of Nondisclosure of Confidential and Proprietary Information Clause in Contracts

Nondisclosure of Confidential and Proprietary Information. 7.1.1 The Participant hereby acknowledges that during the term of his/her employment with the Company or its Subsidiaries or Affiliates or Related Companies, as the case may be (collectively, the “Employer”), he/she will have access to and possession of trade secrets, confidential information and proprietary information (collectively, and as defined more extensively below, “Confidential Information”) of Employer and their respective clients. The Participant hereby recognizes and acknowledges that this Confidential Information is valuable, special and unique to the business of Employer, and that access to and knowledge of such Confidential Information is essential to the performance of Participant’s duties to Employer. The Participant hereby agrees that during his/her employment relationship with Employer and thereafter, the Participant will keep secret and will not use or disclose any Confidential Information to any person or entity, in any fashion and for any purpose whatsoever, except at the request of Employer.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Solutia Inc), Restricted Stock Unit Award Agreement (Solutia Inc)

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Nondisclosure of Confidential and Proprietary Information. 7.1.1 The Participant hereby acknowledges that during the term of his/her employment with the Company or its Subsidiaries or Affiliates or Related Companies, as the case may be (collectively, the “Employer”), ) he/she will have access to and possession of trade secrets, confidential information and proprietary information (collectively, and as defined more extensively below, “Confidential Information”) of Employer and their respective clients. The Participant hereby recognizes and acknowledges that this Confidential Information is valuable, special and unique to the business of Employer, and that access to and knowledge of such Confidential Information is essential to the performance of Participant’s duties to Employer. The Participant hereby agrees that during his/her employment relationship with Employer and thereafter, the Participant will keep secret and will not use or disclose any Confidential Information to any person or entity, in any fashion and for any purpose whatsoever, except at the request of Employer.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Solutia Inc), Restricted Stock Award Agreement (Solutia Inc)

Nondisclosure of Confidential and Proprietary Information. 7.1.1 8.1.1 The Participant Optionee hereby acknowledges that during the term of his/her employment with the Company or its Subsidiaries or Affiliates or Related Companies, as the case may be (collectively, the “Employer”), he/she will have access to and possession of trade secrets, confidential information and proprietary information (collectively, and as defined more extensively below, “Confidential Information”) of Employer and their respective clients. The Participant Optionee hereby recognizes and acknowledges that this Confidential Information is valuable, special and unique to the business of Employer, and that access to and knowledge of such Confidential Information is essential to the performance of ParticipantOptionee’s duties to Employer. The Participant Optionee hereby agrees that during his/her employment relationship with Employer and thereafter, the Participant Optionee will keep secret and will not use or disclose any Confidential Information to any person or entity, in any fashion and for any purpose whatsoever, except at the request of Employerthe Company.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Solutia Inc)

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Nondisclosure of Confidential and Proprietary Information. 7.1.1 (a) The Participant hereby acknowledges that during the term of his/her employment with the Company or Company, its Affiliates and Subsidiaries or Affiliates or (collectively referred to as “Related Companies, as the case may be (collectively, the “EmployerEntities”), he/she will have access to and possession of trade secrets, confidential information and proprietary information (collectively, and as defined more extensively below, “Confidential 42593.1 Information”) of Employer the Company, and in some instances, its Related Entities and their respective clients. The Participant hereby recognizes and acknowledges that this Confidential Information is valuable, special and unique to the business of Employerthe Company and its Related Entities, and that access to and knowledge of such Confidential Information is essential to the performance of the Participant’s duties to Employerthe Company and/or its Related Entities. The Participant hereby agrees that during his/her employment relationship with Employer the Company and/or its Related Entities and thereafter, the Participant will keep secret and will not use or disclose any Confidential Information to any person or entity, in any fashion and for any purpose whatsoever, except at the request of Employerthe Company.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Vitamin Shoppe, Inc.)

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