Common use of Confidential Information and Intellectual Property Clause in Contracts

Confidential Information and Intellectual Property. (a) The Executive acknowledges that the Company and its Affiliates have trade, business and financial secrets and other confidential and proprietary information (collectively, the "Confidential Information"). ------------------------ Confidential Information shall not include (i) information that is generally known to other Persons who can obtain economic value from its disclosure or use and (ii) information required to be disclosed by the Executive pursuant to a subpoena or court order, or pursuant to a requirement of a governmental agency or law of the United States of America or a state thereof or any governmental or political subdivision thereof; provided, however, that the Executive shall (at -------- ------- the Company's sole cost and expense) take all reasonable steps to prohibit disclosure pursuant to subsection (ii) above.

Confidential Information and Intellectual Property. (a) The Executive acknowledges that the Company and its Affiliates have trade, business and financial secrets and other confidential and proprietary information (collectively, the "Confidential Information"). Confidential ------------------------ Confidential Information shall not include (i) information that is generally known to other Persons who can obtain economic value from its disclosure or use and (ii) information required to be disclosed by the Executive pursuant to a subpoena or court order, or pursuant to a requirement of a governmental agency or law of the United States of America or a state thereof or any governmental or political subdivision thereof; provided, however, that the Executive shall (at -------- ------- the ----------------- Company's sole cost and expense) take all reasonable steps to prohibit disclosure pursuant to subsection (ii) above.

Confidential Information and Intellectual Property. (a) The Executive acknowledges that the Company and its Affiliates have trade, business and financial secrets and other confidential and proprietary information (collectively, the "Confidential Information"). Confidential ------------------------ Confidential Information shall not include (i) information that is generally known to other Persons who can obtain economic value from its disclosure or use and (ii) information required to be disclosed by the Executive pursuant to a subpoena or court order, or pursuant to a requirement of a governmental agency or law of the United States of America or a state thereof or any governmental or political subdivision thereof; provided, however, that the Executive shall (at the -------- ------- the Company's sole cost and expense) take all reasonable steps to prohibit disclosure pursuant to subsection (ii) above.