Common use of Restriction on Disclosure and Use of Confidential Information and Trade Secrets Clause in Contracts

Restriction on Disclosure and Use of Confidential Information and Trade Secrets. Employee understands and agrees that the Confidential Information and Trade Secrets constitute valuable assets of the Bank and may not be converted to Employee’s own use. Accordingly, Employee hereby agrees that Employee shall not, directly or indirectly, at any time during the Restricted Period, reveal, divulge, or disclose to any Person not expressly authorized by the Bank any Confidential Information, and Employee shall not, directly or indirectly, at any time during the Restricted Period, use or make use of any Confidential Information in connection with any business activity other than that of the Bank. Throughout the term of this Agreement and at all times after the date that this Agreement terminates for any reason, Employee shall not directly or indirectly transmit or disclose any Trade Secret of the Bank to any Person, and shall not make use of any such Trade Secret, directly or indirectly, for herself or for others, without the prior written consent of the Bank. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the Bank’s rights or Employee’s obligations under any applicable state or federal statutory or common law regarding trade secrets and unfair trade practices. Anything herein to the contrary notwithstanding, Employee shall not be restricted from disclosing or using Confidential Information that is required to be disclosed by law, court order or other legal process; provided, however, that in the event disclosure is required by law, Employee shall provide the Bank with prompt notice of such requirement so that the Bank may seek an appropriate protective order prior to any such required disclosure by Employee.

Appears in 2 contracts

Samples: Employment Agreement (Southside Bancshares Inc), Employment Agreement (Southside Bancshares Inc)

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Restriction on Disclosure and Use of Confidential Information and Trade Secrets. Employee understands You understand and agrees agree that the Confidential Information and Trade Secrets constitute valuable assets of the Bank Company and its affiliated entities, and may not be converted to Employee’s your own use. Accordingly, Employee you hereby agrees agree that Employee you shall not, directly or indirectly, at any time during while employed by the Restricted PeriodCompany or its affiliates and for a period of two years after the Date of Termination, reveal, divulge, or disclose to any Person not expressly authorized by the Bank Company any Confidential Information, and Employee you shall not, directly or indirectly, at any time during such employment period and for a period of two years after the Restricted PeriodDate of Termination, use or make use of any Confidential Information in connection with any business activity other than that of the BankCompany. Throughout the term of this Agreement and at all times after the date that this Agreement terminates for any reason, Employee You shall not directly or indirectly transmit or disclose any Trade Secret of the Bank Company to any Person, and shall not make use of any such Trade Secret, directly or indirectly, for herself yourself or for others, without the prior written consent of the BankCompany throughout the term of this Letter and for the period during which the information remains a Trade Secret under applicable law. The parties acknowledge and agree that this Agreement Letter is not intended to, and does not, alter either the BankCompany’s rights or Employee’s your obligations under any applicable state or federal statutory or common law regarding trade secrets and unfair trade practices. Anything herein to the contrary notwithstanding, Employee you shall not be restricted from disclosing or using Confidential Information or any Trade Secret that is required to be disclosed by law, court order or other legal process; provided, however, that in the event disclosure is required by law, Employee you shall provide the Bank Company with prompt notice of such requirement so that the Bank Company may seek an appropriate protective order prior to any such required disclosure by Employeeyou. You acknowledge that any and all Confidential Information is the exclusive property of the Company and agree to deliver to the Company on the Date of Termination, or at any other time the Company may request in writing, any and all Confidential Information which you may then possess or have under your control in whatever form same may exist, including, but not by way of limitation, hard copy files, soft copy files, computer disks, and all copies thereof.

Appears in 2 contracts

Samples: Cic Agreement (Equifax Inc), Equifax Inc

Restriction on Disclosure and Use of Confidential Information and Trade Secrets. Employee understands and agrees that the Confidential Information and Trade Secrets constitute valuable assets of the Bank Company and its affiliated entities, and may not be converted to Employee’s own use. Accordingly, Employee hereby agrees that Employee shall not, directly or indirectly, at any time during the Restricted Period, Period reveal, divulge, or disclose to any Person not expressly authorized by the Bank Company any Confidential Information, and Employee shall not, directly or indirectly, at any time during the Restricted Period, Period use or make use of any Confidential Information in connection with any business activity other than that of the BankCompany. Throughout the term of this Agreement and at all times after the date that this Agreement terminates for any reason, Employee shall not directly or indirectly transmit or disclose any Trade Secret of the Bank Company to any Person, and shall not make use of any such Trade Secret, directly or indirectly, for herself himself or for others, without the prior written consent of the BankCompany. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the BankCompany’s rights or Employee’s obligations under any applicable state or federal statutory or common law regarding trade secrets and unfair trade practices. Anything herein to the contrary notwithstanding, Employee shall not be restricted from disclosing or using Confidential Information or any Trade Secret that is required to be disclosed by law, court order or other legal process; provided, however, that in the event disclosure is required by law, Employee shall provide the Bank Company with prompt notice of such requirement so that the Bank Company may seek an appropriate protective order prior to any such required disclosure by Employee. Employee acknowledges that any and all Confidential Information is the exclusive property of the Company and agrees to deliver to the Company on the Date of Termination, or at any other time the Company may request in writing, any and all Confidential Information which he may then possess or have under his control in whatever form same may exist, including, but not by way of limitation, hard copy files, soft copy files, computer disks, and all copies thereof.

Appears in 1 contract

Samples: Employment Agreement (LHC Group, Inc)

Restriction on Disclosure and Use of Confidential Information and Trade Secrets. Employee understands and agrees that the Confidential Information and Trade Secrets constitute valuable assets of the Bank Company and its affiliated entities, and may not be converted to Employee’s own use. Accordingly, Employee hereby agrees that Employee shall not, directly or indirectly, at any time during the Restricted Period, Period reveal, divulge, or disclose to any Person not expressly authorized by the Bank Company any Confidential Information, and Employee shall not, directly or indirectly, at any time during the Restricted Period, Period use or make use of any Confidential Information in connection with any business activity other than that of the BankCompany. Throughout the term of this Agreement and at all times after the date that this Agreement terminates for any reason, Employee shall not directly or indirectly transmit or disclose any Trade Secret of the Bank Company to any Person, and shall not make use of any such Trade Secret, directly or indirectly, for herself or for others, without the prior written consent of the BankCompany. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the BankCompany’s rights or Employee’s obligations under any applicable state or federal statutory or common law regarding trade secrets and unfair trade practices. Anything herein to the contrary notwithstanding, Employee shall not be restricted from disclosing or using Confidential Information that is required to be disclosed by law, court order or other legal process; provided, however, that in the event disclosure is required by law, Employee shall provide the Bank Company with prompt notice of such requirement so that the Bank Company may seek an appropriate protective order prior to any such required disclosure by Employee.

Appears in 1 contract

Samples: Employment Agreement (Global Payments Inc)

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Restriction on Disclosure and Use of Confidential Information and Trade Secrets. Employee Executive understands and agrees that the Confidential Information and Trade Secrets constitute valuable assets of the Bank Company and its affiliated entities, and may not be converted to EmployeeExecutive’s own use. Accordingly, Employee Executive hereby agrees that Employee shall notthat, directly or indirectly, at any time during the Restricted Period, reveal, divulge, or disclose to any Person not expressly authorized by the Bank any Confidential Information, and Employee shall not, directly or indirectly, at any time during the Restricted Period, use or make use of any Confidential Information in connection with any business activity other than that of the Bank. Throughout throughout the term of this Agreement and at all times after the date that this Agreement terminates for any reason, Employee Executive shall not directly or indirectly transmit or disclose any Trade Secret of the Bank to any Person, and shall not make use of any such Trade Secret, directly or indirectly, for herself himself or for others, without the prior written consent of the BankCompany: (A) reveal, divulge, or disclose to any Person not expressly authorized by the Company any Confidential Information or Trade Secret, or (B) use or make use of any Confidential Information or Trade Secret in connection with any business activity other than that of the Company. The parties acknowledge and agree that this Agreement is not intended to, and does not, alter either the BankCompany’s rights or EmployeeExecutive’s obligations under any applicable state or federal statutory or common law regarding trade secrets and unfair trade practices. Anything herein to the contrary notwithstanding, Employee Executive shall not be restricted from disclosing or using Confidential Information or any Trade Secret that is required to be disclosed by law, court order or other legal process; provided, however, that in the event disclosure is required by law, Employee Executive shall provide the Bank Company with prompt notice of such requirement so that the Bank Company may seek an appropriate protective order prior to any such required disclosure by EmployeeExecutive. Executive acknowledges that any and all Confidential Information and Trade Secrets are the exclusive property of the Company and agrees to deliver to the Company on the Date of Termination, or at any other time the Company may request in writing, any and all Confidential Information and Trade Secrets which he may then possess or have under his control in whatever form same may exist, including, but not by way of limitation, hard copy files, soft copy files, computer disks, and all copies thereof.

Appears in 1 contract

Samples: Change in Control Agreement (Adams Respiratory Therapeutics, Inc.)

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