Common use of Obligation to Maintain Confidentiality Clause in Contracts

Obligation to Maintain Confidentiality. Executive acknowledges that any Proprietary Information disclosed or made available to Executive or obtained, observed or known by Executive as a direct or indirect consequence of his employment with or performance of services for the Company or any of its Affiliates during the course of his performance of services for, or employment with, any of the foregoing Persons (whether or not compensated for such services) and during the period in which Executive is receiving Severance Payments, are the property of the Company and its Affiliates. Therefore, Executive agrees that he will not at any time (whether during or after Executives term of employment) disclose or permit to be disclosed to any Person or, directly or indirectly, utilize for his own account or permit to be utilized by any Person any Proprietary Information or Records for any reason whatsoever without the Boards consent, unless and to the extent that (except as otherwise provided in the definition of Proprietary Information) the aforementioned matters become generally known to and available for use by the public other than as a direct or indirect result of Executives acts or omissions to act. Executive agrees to deliver to the Company at the termination of his employment, as a condition to receipt of the next or final payment of compensation, or at any other time the Company may request in writing (whether during or after Executives term of employment), all Records which he may then possess or have under his control. Executive further agrees that any property situated on the Company’s or its Affiliates premises and owned by the Company or its Affiliates, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Company or its Affiliates and their personnel at any time with or without notice. Nothing in this Section 2(a) shall be construed to prevent Executive from using his general knowledge and experience in future employment so long as Executive complies with this Section 2(a) and the other restrictions contained in this Agreement.

Appears in 5 contracts

Samples: Executive Employment Agreement (Native American Energy Group, Inc.), Senior Executive Agreement (Native American Energy Group, Inc.), Senior Executive Agreement (Native American Energy Group, Inc.)

AutoNDA by SimpleDocs

Obligation to Maintain Confidentiality. Executive acknowledges that any Proprietary Information disclosed or made available to Executive or obtained, observed or known by Executive as a direct or indirect consequence of his employment with or performance of services for the Company or any of its Affiliates during the course of his performance of services for, or employment with, any of the foregoing Persons (whether or not compensated for such services) and during the period in which Executive is receiving Severance Payments, are the property of the Company and its Affiliates. Therefore, Executive agrees that he will not at any time (whether during or after Executives Executive’s term of employment) disclose or permit to be disclosed to any Person or, directly or indirectly, utilize for his own account or permit to be utilized by any Person any Proprietary Information or Records for any reason whatsoever without the Boards Board’s consent, unless and to the extent that (except as otherwise provided in the definition of Proprietary Information) the aforementioned matters become generally known to and available for use by the public other than as a direct or indirect result of Executives Executive’s acts or omissions to act. Executive agrees to deliver to the Company at the termination of his employment, as a condition to receipt of the next or final payment of compensation, or at any other time the Company may request in writing (whether during or after Executives Executive’s term of employment), all Records which he may then possess or have under his control. Executive further agrees that any property situated on the Company’s or its Affiliates Affiliates’ premises and owned by the Company or its Affiliates, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Company or its Affiliates and their personnel at any time with or without notice. Nothing in this Section 2(a) shall be construed to prevent Executive from using his general knowledge and experience in future employment so long as Executive complies with this Section 2(a) and the other restrictions contained in this Agreement.

Appears in 4 contracts

Samples: Agreement (On Assignment Inc), Senior Executive Agreement (On Assignment Inc), Senior Executive Agreement (On Assignment Inc)

Obligation to Maintain Confidentiality. Executive acknowledges that any Proprietary Information disclosed or made available to Executive or obtained, observed or known by Executive as a direct or indirect consequence of his employment with or performance of services for the Company or any of its Affiliates during the course of his performance of services for, or employment with, any of the foregoing Persons (whether or not compensated for such services) and during the period in which Executive is receiving Severance Payments, are the property of the Company and its Affiliates. Therefore, Executive agrees that he will not at any time (whether during or after Executives Executive’s term of employment) disclose or permit to be disclosed to any Person or, directly or indirectly, utilize for his own account or permit to be utilized by any Person any Proprietary Information or Records for any reason whatsoever without the Boards consent, unless and to the extent that (except as otherwise provided in the definition of Proprietary Information) the aforementioned matters become generally known to and available for use by the public other than as a direct or indirect result of Executives Executive’s acts or omissions to act. Executive agrees to deliver to the Company at the termination of his employment, as a condition to receipt of the next or final payment of compensation, or at any other time the Company may request in writing (whether during or after Executives Executive’s term of employment), all Records which he may then possess or have under his control. Executive further agrees that any property situated on the Company’s or its Affiliates premises and owned by the Company or its Affiliates, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Company or its Affiliates and their personnel at any time with or without notice. Nothing in this Section 2(a) shall be construed to prevent Executive from using his general knowledge and experience in future employment so long as Executive complies with this Section 2(a) and the other restrictions contained in this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (NEXT-ChemX Corporation.), Employment Agreement (NEXT-ChemX Corporation.), Employment Agreement (NEXT-ChemX Corporation.)

Obligation to Maintain Confidentiality. Executive acknowledges that any Proprietary Information disclosed or made available to Executive or obtained, observed or known by Executive as a direct or indirect consequence of his employment with service or performance of services for the Company or any of its Affiliates during the course of his performance of services for, or employment with, for any of the foregoing Persons (whether or not compensated for such services) and during the period in which Executive is receiving Severance Payments), are the property of the Company and its Affiliates. Therefore, Executive agrees that he will not at any time (whether during or after Executives Executive’s term of employmentservice) disclose or permit to be disclosed to any Person or, directly or indirectly, utilize for his own account or permit to be utilized by any Person any Proprietary Information or Records for any reason whatsoever without the Boards consent, unless and to the extent that (except as otherwise provided in the definition of Proprietary Information) the aforementioned matters become generally known to and available for use by the public other than as a direct or indirect result of Executives Executive’s acts or omissions to act. Executive agrees to deliver to the Company at the termination of his employmentservice, as a condition to receipt of the next or final payment of compensation, or at any other time the Company may request in writing (whether during or after Executives Executive’s term of employmentservice), all Records which he may then possess or have under his control. Executive further agrees that any property situated on the Company’s or its Affiliates premises and owned by the Company or its Affiliates, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Company or its Affiliates and their personnel at any time with or without notice. Nothing in this Section 2(a) shall be construed to prevent Executive from using his general knowledge and experience in future employment so long as Executive complies with this Section 2(a) and the other restrictions contained in this Agreement.

Appears in 2 contracts

Samples: Executive Agreement (Toga LTD), Executive Agreement (Toga LTD)

Obligation to Maintain Confidentiality. The Executive acknowledges that any Proprietary Information disclosed or made available to the Executive or obtained, observed or known by the Executive as a direct or indirect consequence of his employment with or performance of services for the Company or any of its Affiliates during the course of his performance of services for, or employment with, any of the foregoing Persons (whether or not compensated for such services) and during the period in which the Executive is receiving Severance PaymentsPay, are the property of the Company and its Affiliates. Therefore, the Executive agrees that he will not at any time (whether during or after Executives the Executive’s term of employment) disclose or permit to be disclosed to any Person or, directly or indirectly, utilize for his own account or permit to be utilized by any Person any Proprietary Information or Records for any reason whatsoever without the Boards Board’s consent, unless and to the extent that (except as otherwise provided in the definition of Proprietary Informationinformation) the aforementioned matters become generally known to and available for use by the public other than as a direct or indirect result of Executives the Executive’s acts or omissions to act. The Executive agrees to deliver to the Company at the termination of his employment, as a condition to receipt of the next or final payment of compensationcompensation or Severance Pay (if applicable), or at any other time the Company may request in writing (whether during or after Executives the Executive’s term of employment), all Records which he may then possess or have under his control. The Executive further agrees that any property situated on the Company’s or its Affiliates premises and owned by the Company or its Affiliates, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Company or its Affiliates and their personnel at any time with or without notice. Nothing in this Section 2(a) shall be construed to prevent the Executive from using his general knowledge and experience in future employment so long as the Executive complies with this Section 2(a) and the other restrictions contained in this Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Cadista Holdings Inc.)

Obligation to Maintain Confidentiality. Executive acknowledges that any Proprietary Information disclosed or made available to Executive or obtained, observed or known by Executive as a direct or indirect consequence of his employment with service or performance of services for the Company or any of its Affiliates during the course of his performance of services for, or employment with, for any of the foregoing Persons (whether or not compensated for such services) and during the period in which Executive is receiving Severance Payments), are the property of the Company and its Affiliates. Therefore, Executive agrees that he will not at any time (whether during or after Executives Executive’s term of employmentservice) disclose or permit to be disclosed to any Person or, directly or indirectly, utilize for his own account or permit to be utilized by any Person any Proprietary Information or Records for any reason whatsoever without the Boards consent, unless and to the extent that (except as otherwise provided in the definition of Proprietary Information) the aforementioned matters become generally known to and available for use by the public other than as a direct or indirect result of Executives Executive’s acts or omissions to act. Executive agrees to deliver to the Company at the termination of his employmentservice, as a condition to receipt of the next or final payment of compensation, or at any other time the Company may request in writing (whether during or after Executives Executive’s term of employmentservice), all Records which he may then possess or have under his control. Executive further agrees that any property situated on the Company’s or its Affiliates premises and owned by the Company or its Affiliates, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Company or its Affiliates and their personnel at any time with or without notice. Nothing in this Section 2(a) shall be construed to prevent Executive from using his general knowledge and experience in future employment so long as Executive complies with this Section 2(a) and the other restrictions contained in this Amended Agreement.

Appears in 1 contract

Samples: Executive Agreement (Toga LTD)

Obligation to Maintain Confidentiality. Executive acknowledges that any Proprietary Information disclosed or made available to Executive or obtained, observed or known by Executive as a direct or indirect consequence of his employment with or performance of services for the Company or any of its Affiliates during the course of his performance of services for, or employment with, any of the foregoing Persons (whether or not compensated for such services) and during the period in which Executive is receiving Severance Payments, are the property of the Company and its Affiliates. Therefore, Executive agrees that he will not at any time (whether during or after Executives Executive’s term of employment) disclose or permit to be disclosed to any Person or, directly or indirectly, utilize for his own account or permit to be utilized by any Person any Proprietary Information or Records for any reason whatsoever without the Boards consent, unless and to the extent that (except as otherwise provided in the definition of Proprietary Information) the aforementioned matters become generally known to and available for use by the public other than as a direct or indirect result of Executives Executive’s acts or omissions to act. Executive agrees to deliver to the Company at the termination of his employment, as a condition to receipt of the next or final payment of compensation, or at any other time the Company may request in writing (whether during or after Executives Executive’s term of employment), all Records which he may then possess or have under his control. Executive further agrees that any property situated on the Company’s or its Affiliates premises and owned by the Company or its Affiliates, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Company or its Affiliates and their personnel at any time with or without notice. Nothing in this Section 2(a) shall be construed to prevent Executive from using his general knowledge and experience in future employment so long as Executive complies with this Section 2(a) and the other restrictions contained in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Pinnacle Energy Corp.)

Obligation to Maintain Confidentiality. Executive acknowledges that any Proprietary Information proprietary information disclosed or made available to Executive executive or obtained, observed or known by Executive executive as a direct or indirect consequence of his employment with or performance of services for the Company company or any of its Affiliates affiliates during the course of his performance of services for, or employment with, any of the foregoing Persons persons (whether or not compensated for such services) and during the period in which Executive executive is receiving Severance Paymentsseverance payments, are the property of the Company and its Affiliatesaffiliates. Therefore, Executive executive agrees that he will not at any time (whether during or after Executives executive’s term of employment) disclose or permit to be disclosed to any Person person or, directly or indirectly, utilize for his own account or permit to be utilized by any Person person any Proprietary Information proprietary information or Records records for any reason whatsoever without the Boards boards consent, unless and to the extent that (except as otherwise provided in the definition of Proprietary Informationproprietary information) the aforementioned matters become generally known to and available for use by the public other than as a direct or indirect result of Executives executive’s acts or omissions to act. Executive agrees to deliver to the Company company at the termination of his employment, as a condition to receipt of the next or final payment of compensation, or at any other time the Company company may request in writing (whether during or after Executives executive’s term of employment), all Records records which he may then possess or have under his control. Executive further agrees that any property situated on the Companycompany’s or its Affiliates affiliates premises and owned by the Company company or its Affiliatesaffiliates, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Company company or its Affiliates affiliates and their personnel at any time with or without notice. Nothing in this Section section 2(a) shall be construed to prevent Executive executive from using his general knowledge and experience in future employment so long as Executive executive complies with this Section section 2(a) and the other restrictions contained in this Agreementagreement.

Appears in 1 contract

Samples: Employment Agreement (Data Backup Solutions, Inc.)

AutoNDA by SimpleDocs

Obligation to Maintain Confidentiality. Executive acknowledges that any Proprietary Information disclosed or made available to Executive or obtained, observed or known by Executive as a direct or indirect consequence of his employment with or performance of services for the Company or any of its Affiliates during the course of his performance of services for, or employment with, any of the foregoing Persons (whether or not compensated for such services) and during the period in which Executive is receiving Severance Payments, are the property of the Company and its Affiliates. Therefore, Executive agrees that he will not at any time (whether during or after Executives Executive’s term of employment) disclose or permit to be disclosed to any Person or, directly or indirectly, utilize for his own account or permit to be utilized by any Person any Proprietary Information or Records for any reason whatsoever without the Boards Board’s consent, unless and to the extent that (except as otherwise provided in the definition of Proprietary Information) the aforementioned matters become generally known to and available for use by the public other than as a direct or indirect result of Executives Executive’s acts or omissions to act. Executive agrees to deliver to the Company at the termination of his employment, as a condition to receipt of the next or final payment of compensation, or at any other time the Company may request in writing (whether during or after Executives Executive’s term of employment), all Records which he may then possess or have under his control. Executive further agrees that any property situated on the Company’s or its Affiliates Affiliates’ premises and owned by the Company or its Affiliates, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Company or its Affiliates and their personnel at any time with or without notice. Nothing in this Section 2(a) shall be construed to prevent Executive from using his general knowledge and experience in future employment so long as Executive complies with this Section 2(a) and the other restrictions contained in this Agreement.

Appears in 1 contract

Samples: Senior Executive Agreement (On Assignment Inc)

Obligation to Maintain Confidentiality. The Executive acknowledges that any Proprietary Information disclosed or made available to the Executive or obtained, observed or known by the Executive as a direct or indirect consequence of his employment with or performance of services for the Company or any of its Affiliates during the course of his performance of services for, or employment with, any of the foregoing Persons (whether or not compensated for such services) and during the period in which the Executive is receiving Severance PaymentsPay, are the property of the Company and its Affiliates. Therefore, the Executive agrees that he will not at any time (whether during or after Executives the Executive’s term of employment) disclose or permit to be disclosed to any Person or, directly or indirectly, utilize for his own account or permit to be utilized by any Person any Proprietary Information or Records for any reason whatsoever without the Boards Board’s consent, unless and to the extent that (except as otherwise provided in the definition of Proprietary Informationinformation) the aforementioned matters become generally known to and available for use by the public other than as a direct or indirect result of Executives the Executive’s acts or omissions to act. The Executive agrees to deliver to the Company at the termination of his his, employment, as a condition to receipt of the next or final payment of compensationcompensation or Severance Pay (if applicable), or at any other time the Company may request in writing (whether during or after Executives the Executive’s term of employment), all Records which he may then possess or have under his control. The Executive further agrees that any property situated on the Company’s or its Affiliates premises and owned by the Company or its Affiliates, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Company or its Affiliates and their personnel at any time with or without notice. Nothing in this Section 2(a) shall be construed to prevent the Executive from using his general knowledge and experience in future employment so long as the Executive complies with this Section 2(a) and the other restrictions contained in this Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Cadista Holdings Inc.)

Obligation to Maintain Confidentiality. Executive Managers acknowledges that any Proprietary Information disclosed or made available to Executive Managers or obtained, observed or known by Executive Managers as a direct or indirect consequence of his employment engagement with or performance of services for the Company or any of its Affiliates during the course of his performance of services for, or employment engagement with, any of the foregoing Persons (whether or not compensated for such services) and during the period in which Executive Managers is receiving Severance Payments, are the property of the Company and its Affiliates. Therefore, Executive Managers agrees that he will not at any time (whether during or after Executives Managers’ term of employmentengagement) disclose or permit to be disclosed to any Person or, directly or indirectly, utilize for his own account or permit to be utilized by any Person any Proprietary Information or Records for any reason whatsoever without the Boards consent, unless and to the extent that (except as otherwise provided in the definition of Proprietary Information) the aforementioned matters become generally known to and available for use by the public other than as a direct or indirect result of Executives Managers’ acts or omissions to act. Executive Managers agrees to deliver to the Company at the termination of his employmentengagement, as a condition to receipt of the next or final payment of compensation, or at any other time the Company may request in writing (whether during or after Executives term of employmentengagement), all Records which he may then possess or have under his control. Executive Managers further agrees that any property situated on the Company’s or its Affiliates premises and owned by the Company or its Affiliates, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Company or its Affiliates and their personnel at any time with or without notice. Nothing in this Section 2(a) shall be construed to prevent Executive Managers from using his general knowledge and experience in future employment engagement so long as Executive Managers complies with this Section 2(a) and the other restrictions contained in this Agreement.

Appears in 1 contract

Samples: Management Agreement (Earth Dragon Resources Inc.)

Obligation to Maintain Confidentiality. The Executive acknowledges that any Proprietary Information disclosed or made available to the Executive or obtained, observed or known by the Executive as a direct or indirect consequence of his employment with or performance of services for the Company or any of its Affiliates during the course of his performance of services for, or employment with, any of the foregoing Persons (whether or not compensated for such services) and during the period in which the Executive is receiving Severance Payments, are the property of the Company and its Affiliates. Therefore, the Executive agrees that he will not at any time (whether during or after Executives the Executive’s term of employment) disclose or permit to be disclosed to any Person or, directly or indirectly, utilize for his own account or permit to be utilized by any Person any Proprietary Information or Records for any reason whatsoever without the Boards Board’s consent, unless and to the extent that (except as otherwise provided in the definition of Proprietary Information) the aforementioned matters become generally known to and available for use by the public other than as a direct or indirect result of Executives the Executive’s acts or omissions to act. The Executive agrees to deliver to the Company at the termination of his employment, as a condition to receipt of the next or final payment of compensation, or at any other time the Company may request in writing (whether during or after Executives the Executive’s term of employment), all Records which he may then possess or have under his control. The Executive further agrees that any property situated on the Company’s or its Affiliates Affiliates’ premises and owned by the Company or its Affiliates, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Company or its Affiliates and their personnel at any time with or without notice. Nothing in this Section 2(a) shall be construed to prevent the Executive from using his general knowledge and experience in future employment so long as the Executive complies with this Section 2(a) and the other restrictions contained in this Agreement.

Appears in 1 contract

Samples: Severance Agreement (On Assignment Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.