Confidential Information definition
Examples of Confidential Information in a sentence
Executive further acknowledges that protection of such Confidential Information against unauthorized disclosure and use is of critical importance to the Company in maintaining its competitive position.
Executive agrees that Executive will not, at any time during or after Executive’s employment with the Company, make any unauthorized disclosure of any Confidential Information of the Company, or make any use thereof, except in the carrying out of Executive’s employment responsibilities to the Company.
Executive acknowledges that this Confidential Information constitutes a valuable, special and unique asset used by the Company in its business to obtain a competitive advantage over competitors.
Executive also agrees to preserve and protect the confidentiality of third party Confidential Information to the same extent, and on the same basis, as the Company’s Confidential Information.
Any misappropriation of such relationships or goodwill, or any improper disclosure or use of the Company’s or its Subsidiaries’ or affiliates’ Confidential Information would be highly detrimental to their business interests in that serious and substantial loss of business and pecuniary damages would result therefrom.