Common use of Other Proprietary Information Clause in Contracts

Other Proprietary Information. Employee is aware of and acknowledges that Company has developed special competence and knowledge in the subsea oilfield service industry and has accumulated information not generally known to others in the field which is of unique value in the conduct and growth of Company’s business and which Company treats as proprietary. This information includes data relating to Company’s proprietary rights prior to any public disclosure thereof, including but not limited to the nature of the proprietary rights, production data, the status and details of research and development of products and services, and information regarding acquiring, protecting, enforcing and licensing proprietary rights (including patents, copyrights and trade secrets);

Appears in 2 contracts

Samples: Employment Agreement (Deep Down, Inc.), Employment Agreement (Deep Down, Inc.)

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Other Proprietary Information. Employee Executive is aware of and acknowledges that Company has developed special competence and knowledge in the subsea oilfield service industry and has accumulated information not generally known to others in the field which is of unique value in the conduct and growth of Company’s business and which Company treats as proprietary. This information includes data relating to Company’s proprietary rights prior to any public disclosure thereof, including but not limited to the nature of the proprietary rights, production data, the status and details of research and development of products and services, and information regarding acquiring, protecting, enforcing and licensing proprietary rights (including patents, copyrights and trade secrets);

Appears in 2 contracts

Samples: Restricted Stock Agreement (Deep Down, Inc.), Restricted Stock Agreement (Deep Down, Inc.)

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Other Proprietary Information. Employee Executive is aware of and acknowledges that the Company has developed special competence and knowledge in the subsea oilfield service industry and has accumulated information not generally known to others in the field which is of unique value in the conduct and growth of the Company’s business and which the Company treats as proprietary. This information includes data relating to the Company’s proprietary rights prior to any public disclosure thereof, including but not limited to the nature of the proprietary rights, production data, the status and details of research and development of products and services, and information regarding acquiring, protecting, enforcing and licensing proprietary rights (including patents, copyrights and trade secrets);

Appears in 1 contract

Samples: Employment Agreement (Koil Energy Solutions, Inc.)

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