Trade Secrets and Other Information. In the event of termination of this Agreement without consummation of the transactions contemplated hereby, Purchaser agrees that after the Closing Purchaser will not communicate or divulge to, or use for the benefit of, any person, firm or corporation any of the trade secrets, methods, formulas, business and/or marketing plans, processes or any other proprietary or confidential information with respect to the Company and its business, financial condition, business operations or methods, or business prospects. The preceding sentence shall not apply to information which (i) is, was or becomes generally known or available to the public or the industry other than as a result of a disclosure by Purchaser in violation of this Agreement, or (ii) is required to be disclosed by law. Purchaser will advise Vendors, in writing, of any request, including a subpoena or similar legal inquiry, to disclose any such confidential information, such that Vendors can seek appropriate legal relief.
Trade Secrets and Other Information. In consideration of the execution and delivery of this Agreement by Purchaser, and in consideration of the Purchase Price, each of the Vendors agrees that after the Closing no Vendor will communicate or divulge to, or use for the benefit of, any Person other than Purchaser or the Company, or its or their agents and representatives, any of the trade secrets, methods, formulas, business and/or marketing plans, processes or any other proprietary or confidential information with respect to the Company and its business, financial condition, business operations or methods, or business prospects. The preceding sentence shall not apply to information which (i) is, was or becomes generally known or available to the public or the industry other than as a result of a disclosure by a Vendor in violation of this Agreement, or (ii) is required to be disclosed by law. Vendors will advise Purchaser, in writing, of any request, including a subpoena or similar legal inquiry, to disclose any such confidential information, such that Purchaser can seek appropriate legal relief.
Trade Secrets and Other Information. After the Closing, neither Seller nor any of its principal shareholders (Gary Simmons and Dale Simmons, together the "Principal Shareholderx") xxxx xxxxunicaxx xx xxxxxxe to, or use for the benefit of, any person, firm or corporation, other than Buyer, or its agents or representatives, any of the Intellectual Property or any other trade secrets, methods, formulas, business and/or marketing plans, processes or any other proprietary or confidential information with respect to the Transferred Assets or Seller's operations, methods, or business prospects with respect to the Transferred Assets. The preceding sentence shall not apply to information that (i) is, was, or becomes generally known or available to the public or the industry other than as a result of a disclosure by Seller or any Principal Shareholder in violation of this Agreement, or (ii) is required to be disclosed by law. Seller will advise Buyer, in writing, of any request, including a subpoena or similar legal inquiry, to disclose any such confidential information, such that Buyer can seek appropriate legal relief.
Trade Secrets and Other Information. In consideration of the execution and delivery of this Agreement by Buyer, and in consideration of the payments by Buyer of the Purchase Price, Seller agrees that, except as necessary or appropriate in connection with the operation of Seller's (or its affiliates') one Kokopelli restaurant, after the date hereof Seller will not directly or indirectly communicate or divulge to, or use for the benefit of, and person, firm of corporation other than Buyer, or its agents or representatives, any of the trade secrets, methods, formulas, business and/or marketing plans, processes or any other proprietary or confidential information with respect to Buyer or Kokopelli and their business, financial condition, business operations or methods, or business prospects. The preceding sentence shall not apply to information that (i) is, was, or becomes, generally known or available to the public or the industry other than as a result of a disclosure by a party in violation of this Agreement, or (ii) is required to be disclosed by law.
Trade Secrets and Other Information. In consideration of the execution and delivery of this Agreement by Purchaser, and in consideration of the Purchase Price, each of the Vendors agrees that after the Closing no Vendor will
Trade Secrets and Other Information. In the event of termination of this Agreement without consummation of the transactions contemplated hereby, Purchaser agrees that after the Closing Purchaser will not communicate or divulge
Trade Secrets and Other Information. After the Closing, neither Seller nor any Stockholder will communicate or divulge to, or use for the benefit of, any person, firm or corporation other than Purchaser, or its or their agents and representatives, any of the trade secrets, methods, formulas, business and/or marketing plans, processes or any other proprietary or confidential information with respect to Purchaser or Seller, and its or their business, financial condition, business operations or methods, or business prospects. The preceding sentence shall not apply to information that (i) is, was or becomes generally known or available to the public or the industry other than as a result of a disclosure by Seller or any Stockholder in violation of this Agreement, or (ii) is required to be disclosed by law, including in connection with any legal proceeding or a tax return or audit. Seller and Stockholders shall advise Purchaser, in writing, of any request, including a subpoena or similar legal inquiry, to disclose any such confidential information, such that Purchaser can seek appropriate legal relief.
