Common use of Propriety Information Clause in Contracts

Propriety Information. Executive recognizes that, on account of and in connection with his employment, he will gain access to and have possession of (i) the names and addresses of the Company's clients and customers and written compilations thereof, (ii) financial information relating to the Company, (iii) information for and about potential acquisitions of other businesses (iv) other information about the conduct of the Company's business. Executive hereby recognizes such information about the conduct of the Company, and agrees not to reveal such information to third parties except with the Company's written consent, or as may be necessary in the ordinary course of performing Executive's duties for the Company or as otherwise directed by the Company, and agrees to turn over to the Company all such records, compilations, files, and memoranda, to the Company upon termination of his employment, and all copies thereof, keeping no such copies for him.