Common use of PROPRIETARY INFORMATION AND CONFLICT OF INTEREST Clause in Contracts

PROPRIETARY INFORMATION AND CONFLICT OF INTEREST. The scope of work resulting from this RFx is likely to include many items of commercial sensitivity to CPR. Given the sensitive nature, CPR is concerned about the protection of its proprietary information and the potential for a conflict of interest. Proponents will be required to have or implement policies for ensuring the physical separation of work on sensitive issues; patents, ownership of information and confidentiality provisions in contracts, and human resource related issues such as controlled staff turnover. In the event Proponent becomes aware of any matter that causes or is likely to cause a conflict of interest to the Proponent’s performance herein, Proponent shall immediately disclose such matter to CPR in writing. Upon making such disclosure Proponent shall not commence or continue participation in the RFx (and related Services) without the prior written consent of CPR. Proponent shall perform the Services and conduct its activities in relation to this RFx Terms in a manner consistent at all times with the CPR’s Code of Business Conduct detailed at URL: xxxx://xxx.xxx.xx/en/about-cp/selling-to-cp/information-technology/code-of-business-conduct. In the event that CPR is of the opinion that Proponent is not in compliance with CPR’s requirements including CPR’s Code of Business Ethics, CPR may immediately terminate this RFx or subsequent Contract with no penalty or additional cost to CPR.

Appears in 3 contracts

Samples: Canadian Pacific Railway Company, Canadian Pacific, Canadian Pacific

AutoNDA by SimpleDocs

PROPRIETARY INFORMATION AND CONFLICT OF INTEREST. The scope of work resulting from this RFx is likely to include many items of commercial sensitivity to CPR. Given the sensitive nature, CPR is concerned about the protection of its proprietary information and the potential for a conflict of interest. Proponents will be required to have or implement policies for ensuring the physical separation of work on sensitive issues; patents, ownership of information and confidentiality provisions in contracts, ; and human resource related issues such as controlled staff turnover. In the event Proponent becomes aware of any matter that causes or is likely to cause a conflict of interest in relation to the Proponent’s performance herein, Proponent shall immediately disclose such matter to CPR in writing. Upon making such disclosure Proponent shall not commence or continue participation in performance of the RFx (and related Services) Services without the prior written consent of CPR. Proponent shall perform the Services and conduct its activities in relation to this RFx Terms in a manner consistent at all times with the CPR’s Code of Business Conduct detailed at URL: xxxx://xxx.xxx.xx/en/about-cp/selling-to-cp/information-technology/code-of-business-conduct. In the event that CPR is of the opinion that Proponent is not in compliance with CPR’s these requirements including CPR’s Code of Business Ethics, CPR may immediately terminate this RFx or subsequent Contract with no penalty or additional cost to CPR.

Appears in 1 contract

Samples: Canadian Pacific

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