Common use of Proprietary Information And Property Clause in Contracts

Proprietary Information And Property. Employee shall not, at any time during or following employment with the Corporation, disclose or use, except in the course of his employment with the Corporation or as may be required by law, any confidential or proprietary information of the Corporation received by Employee while employed hereunder, whether such information is in Employee's memory or embodied in writing or other physical form. Confidential or proprietary information is information which is not generally available to the general public, or Corporation's competitors, or ascertainable through common sense or general business knowledge; including, but not limited to data, compilations, methods, financial data, financial plans, business plans, product plans, lists of actual or potential customers, and marketing information regarding executives and employees. All records, files or other objects maintained by or under the control, custody or possession of the Corporation or its agents in their capacity as agents shall be and remain the Corporation's property. Upon termination of his employment, Employee shall return to the Corporation all property (including, but not limited to, equipment, records, files, documents, credit cards, and keys) which he received in connection with his employment. At the Corporation's request, Employee shall bring current all such records, files or documents before returning them. Upon notice of cessation of his employment with the Corporation, Employee shall fully cooperate with the Corporation in winding up his pending work and transferring his work to those individuals designated by the Corporation. The terms and conditions of this Section 7 shall survive expiration or termination of this Agreement or Employee's employment and shall not be affected by any change or modification of this Agreement unless specific reference is made to this Section 7.

Appears in 3 contracts

Samples: Employment Agreement (Winston Hotels Inc), Employment Agreement (Winston Hotels Inc), Employment Agreement (Winston Hotels Inc)

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Proprietary Information And Property. Employee shall not, at any time during or following employment with the Corporation, disclose or use, except in the course of his employment with the Corporation or as may be required by law, any confidential or proprietary information of the Corporation received by Employee while employed hereunder, whether such information is in Employee's memory or embodied in writing or other physical form. Confidential or proprietary information is information which is not generally available to the general public, or Corporation's competitors, or ascertainable through common sense or general business knowledge; including, but not limited to data, compilations, methods, financial data, financial plans, business plans, product plans, lists of actual or potential customers, and marketing information regarding executives and employees. All records, files or other objects maintained by or under the control, custody or possession of the Corporation or its agents in their capacity as agents shall be and remain the Corporation's property. Upon termination of his employment, Employee shall return to the Corporation all property (including, but not limited to, equipment, records, files, documents, credit cards, and keys) which he received in connection with his employment. At the Corporation's request, Employee shall bring current all such records, files or documents before returning them. Upon notice of cessation of his employment with the Corporation, Employee shall fully cooperate with the Corporation in winding up his pending work and transferring his work to those individuals designated by the Corporation. The terms and conditions of this Section 7 6 shall survive expiration or termination of this Agreement or Employee's employment and shall not be affected by any change or modification of this Agreement unless specific reference is made to this Section 76.

Appears in 3 contracts

Samples: Employment Agreement (Winston Hotels Inc), Employment Agreement (Winston Hotels Inc), Employment Agreement (Winston Hotels Inc)

Proprietary Information And Property. Employee shall not, at any time during or following employment with the CorporationBank, disclose or use, except in the course of his her employment with the Corporation Bank or as may be required by law, any confidential or proprietary information of the Corporation received by Employee while employed hereunderEmployee, whether such information is in Employee's memory or embodied in writing or other physical form. Confidential or proprietary information is information which is not generally available to the general public, or Corporation's competitors, or ascertainable through common sense or general business knowledge; including, but not limited to data, compilations, methods, financial data, financial plans, business plans, product plans, lists of actual or potential customers, marketing information and marketing information regarding executives and employees. All records, files or other objects maintained by or under the control, custody or possession of the Corporation or its agents in their capacity as agents shall be and remain the Corporation's property. Upon termination cessation of his employmenther employment or the Corporation's earlier request, Employee shall return to the Corporation all property (including, but not limited to, equipmentcredit cards, keys, company car, cell phones, computer hardware and software, records, files, documentsmanuals and other documents in whatever form they exist, credit cardswhether electronic, hard copy or otherwise and keysall copies, notes or summaries thereof) which he she received in connection with his her employment. At the Corporation's request, Employee shall bring current all such records, files or documents before returning them. Upon notice of cessation of his her employment with the CorporationBank, Employee shall fully cooperate with the Corporation Bank in winding up his her pending work and transferring his her work to those individuals designated by the Corporation. The terms and conditions of this Section 7 shall survive expiration or termination of this Agreement or Employee's employment and shall not be affected by any change or modification of this Agreement unless specific reference is made to this Section 7Bank.

Appears in 2 contracts

Samples: Merger Agreement (Capital Bank Corp), Merger Agreement (1st State Bancorp Inc)

Proprietary Information And Property. Employee shall not, at any time during or following employment with the Corporation, disclose or use, except in the course of his employment with the Corporation or as may be required by law, any confidential or proprietary information of the Corporation received by Employee while employed hereunder, whether such information is in Employee's ’s memory or embodied in writing or other physical form. Confidential or proprietary information is information which is not generally available to the general public, or Corporation's ’s competitors, or ascertainable through common sense or general business knowledge; including, but not limited to data, compilations, methods, financial data, financial plans, business plans, product plans, lists of actual or potential customers, and marketing information regarding executives and employees. All records, files or other objects maintained by or under the control, custody or possession of the Corporation or its agents in their capacity as agents shall be and remain the Corporation's ’s property. Upon termination of his employment, Employee shall return to the Corporation all property (including, but not limited to, equipment, records, files, documents, credit cards, and keys) which he received in connection with his employment. At the Corporation's ’s request, Employee shall bring current all such records, files or documents before returning them. Upon notice of cessation of his employment with the Corporation, Employee shall fully cooperate with the Corporation in winding up his pending work and transferring his work to those individuals designated by the Corporation. The terms and conditions of this Section 7 shall survive expiration or termination of this Agreement or Employee's ’s employment and shall not be affected by any change or modification of this Agreement unless specific reference is made to this Section 7.

Appears in 2 contracts

Samples: Employment Agreement (Winston Hotels Inc), Employment Agreement (Winston Hotels Inc)

Proprietary Information And Property. Employee shall not, at any time during or following employment with the CorporationBank, disclose or use, except in the course of his employment with the Corporation Bank or as may be required by law, any confidential or proprietary information of the Corporation received by Employee while employed hereunderEmployee, whether such information is in Employee's memory or embodied in writing or other physical form. Confidential or proprietary information is information which is not generally available to the general public, or Corporation's competitors, or ascertainable through common sense or general business knowledge; including, but not limited to data, compilations, methods, financial data, financial plans, business plans, product plans, lists of actual or potential customers, marketing information and marketing information regarding executives and employees. All records, files or other objects maintained by or under the control, custody or possession of the Corporation or its agents in their capacity as agents shall be and remain the Corporation's property. Upon termination cessation of his employmentemployment or the Corporation's earlier request, Employee shall return to the Corporation all property (including, but not limited to, equipmentcredit cards, keys, company car, cell phones, computer hardware and software, records, files, documentsmanuals and other documents in whatever form they exist, credit cardswhether electronic, hard copy or otherwise and keysall copies, notes or summaries thereof) which he received in connection with his employment. At the Corporation's request, Employee shall bring current all such records, files or documents before returning them. Upon notice of cessation of his employment with the CorporationBank, Employee shall fully cooperate with the Corporation Bank in winding up his pending work and transferring his work to those individuals designated by the Corporation. The terms and conditions of this Section 7 shall survive expiration or termination of this Agreement or Employee's employment and shall not be affected by any change or modification of this Agreement unless specific reference is made to this Section 7Bank.

Appears in 2 contracts

Samples: Merger Agreement (Capital Bank Corp), Merger Agreement (1st State Bancorp Inc)

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Proprietary Information And Property. Employee shall not, at any time during or following employment with the CorporationCorporation or the Bank, disclose or use, except in the course of his employment with the Corporation or the Bank as may be required by law, any confidential or proprietary information of the Corporation or the Bank received by Employee while employed hereunder, whether such information is in Employee's memory or embodied in writing or other physical form. Confidential or proprietary information is information which is not generally available to the general public, or CorporationBank's competitors, or ascertainable through common sense or general business knowledge; including, but not limited to data, compilations, methods, financial data, financial plans, business plans, product products plans, lists of actual or potential customers, and marketing information regarding executives and employees. All records, files or other objects maintained by or under the control, custody or possession of the Corporation Bank or its agents in their capacity as agents shall be and remain the CorporationBank's property. Upon termination of his employment, Employee shall return to the Corporation Bank all property (including, but not limited to, equipment, records, files, documents, credit cards, and keys) which he received in connection with his employment. At the CorporationBank's request, Employee shall bring current all such records, files or documents before returning them. Upon notice of cessation of his employment with the CorporationBank, Employee shall fully cooperate with the Corporation Bank in winding up his pending work and transferring his work to those individuals designated by the CorporationBank. The terms and conditions of this Section 7 8 shall survive expiration or termination of this Agreement or Employee's employment and shall not be affected by any change or modification of this Agreement unless specific reference is made to this Section 78.

Appears in 1 contract

Samples: Employment Agreement (Capital Bank Corp)

Proprietary Information And Property. Employee shall not, at any time during or following employment with the CorporationBank, disclose or use, except in the course of his employment with the Corporation Bank or as may be required by law, any confidential or proprietary information of the Corporation Bank received by Employee while employed hereunder, whether such information is in Employee's memory or embodied in writing or other physical form. Confidential or proprietary information is information which is not generally available to the general public, or CorporationBank's competitors, or ascertainable through common sense or general business knowledge; including, but not limited to data, compilations, methods, financial data, financial plans, business plans, product plans, lists of actual or potential customers, and marketing information regarding executives and employees. All records, files or other objects maintained by or under the control, custody or possession of the Corporation Bank or its agents in their capacity as agents shall be and remain the CorporationBank's property. Upon termination of his employment, Employee shall return to the Corporation Bank all property (including, but not limited to, equipment, records, files, documents, credit cards, and keys) which he received in connection with his employment. At the CorporationBank's request, Employee shall bring current all such records, files or documents before returning them. Upon notice of cessation of his employment with the CorporationBank, Employee shall fully cooperate with the Corporation Bank in winding up his pending work and transferring his work to those individuals designated by the CorporationBank. The terms and conditions of this Section 7 8 shall survive expiration or termination of this Agreement or Employee's employment and shall not be affected by any change or modification of this Agreement unless specific reference is made to this Section 78.

Appears in 1 contract

Samples: Employment Agreement (Capital Bank Corp)

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