THE PROPRIETARY INFORMATION Clause Samples
The "Proprietary Information" clause defines and protects information that is owned by one party and disclosed to another under the agreement. It typically specifies what types of information are considered proprietary, such as business plans, technical data, or trade secrets, and may outline how this information should be marked or identified. The core function of this clause is to ensure that sensitive or valuable information remains confidential and is not misused or disclosed to unauthorized parties, thereby safeguarding the disclosing party's competitive advantage and intellectual property.
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THE PROPRIETARY INFORMATION. (A) Disclosures by IntelliVen: Intelliven shall disclose to Contractor such PROPRIETARY INFORMATION as it deems necessary for Contractor to have for the purposes described in ¶8 of this Agreement. PROPRIETARY INFORMATION shall consist of the non-public information pertaining to Intelliven, or IntelliVen's customers, joint ventures, teaming partners, or other entities with whom Intelliven works which is provided to Contractor and is not within the exclusions of ¶10 of this Agreement. PROPRIETARY INFORMATION shall include the non-public aspects of Intelliven's business, contracts, customers, Contractors, finances, cost and pricing information, and business practices and procedures.
THE PROPRIETARY INFORMATION. The Company possesses certain proprietary information (the "Proprietary Information"), consisting of the Orientation Guide, price lists, pricing information, catalogs, order forms, product databases, quoting tools and procedures, methods, techniques, formats, specifications, procedures, information, systems, and knowledge of and experience in the operation and marketing of National Supply Network Distributors. Any and all other information, processes or techniques which the Company designates as confidential or proprietary shall be deemed Proprietary Information.