Trade Secrets and Confidential Information Clause Example with 7 Variations from Business Contracts
This page contains Trade Secrets and Confidential Information clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Trade Secrets and Confidential Information. A. During the course of Executive's employment with the Company, the Company may disclose to Executive Trade Secrets and Confidential Information (defined below). The Trade Secrets and the Confidential Information of the Company are the sole and -7- exclusive property of the Company (or a third party providing such information to the Company). The disclosure of the Trade Secrets and the Confidential Information of the Company to Executive does not give Executive any license, interest or rights o...f any kind in the Trade Secrets or Confidential Information. B. Executive may use the Trade Secrets and Confidential Information solely for the benefit of the Company while Executive is an employee of the Company. Executive shall hold in confidence the Trade Secrets and Confidential Information of the Company. Except in the performance of services for the Company, Executive shall not reproduce, distribute, transmit, reverse engineer, decompile, disassemble, or transfer the Trade Secrets or the Confidential Information of the Company or any portion thereof. C. The obligations under this Agreement with regard to the Trade Secrets of the Company remain in effect as long as the information constitutes a trade secret under applicable law. The obligations with regard to the Confidential Information of the Company shall remain in effect while Executive is employed by the Company and thereafter. D. Executive agrees to return to the Company, upon Executive's resignation, termination, or upon request by the Company, the Trade Secrets and Confidential Information of the Company and all materials relating thereto. E. As used herein, "Trade Secrets" means information of the Company, and its licensors, suppliers, clients and customers, including, but not limited to, technical or non-technical data, formulas, patterns, compilations, programs, devices, methods, techniques, drawings, processes, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers, which is not commonly known or available to the public and which information (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. F. As used herein, "Confidential Information" means information, other than Trade Secrets, that is treated as confidential, and that would potentially damage or interfere with, in any manner, the Company's business if disclosed. Confidential Information includes, but is not limited to, information concerning the Company's financial structure, pricing, revenue sharing, partner agreements, customer agreements, marketing plans, methods of operation, and internal operating procedures. Notwithstanding the foregoing, the provisions of this sub-section D do not apply to (1) information which is general knowledge in the Company's industry, (ii) information that has been disclosed to Executive by third parties who are unrelated to the Company and who are not bound by agreements of confidentiality with respect thereto, and (iii) as Executive may be required to disclose by law but only to the extent required by law.View More
Variations of a "Trade Secrets and Confidential Information" Clause from Business Contracts
Trade Secrets and Confidential Information. A. During the course (a) For purposes of Executive's employment with the Company, the Company may disclose to Executive Trade Secrets this Section, "Confidential Information" shall mean all confidential and Confidential Information (defined below). The Trade Secrets proprietary information and the Confidential Information trade secrets of the Company are and its subsidiaries whether or not Executive had managerial responsibility. Such Confidential Information includes, but is not limited to, (i)... all historical and pro forma projections of loss ratios incurred by the sole Company, (ii) all historical and -7- exclusive property of the Company (or a third party providing such information pro forma actuarial data relating to the Company). The disclosure of the Trade Secrets Company, (iii) all historical and the Confidential Information of the Company to Executive does not give Executive any license, interest or rights of any kind in the Trade Secrets or Confidential Information. B. Executive may use the Trade Secrets pro forma financial results, revenue statements, and Confidential Information solely for the benefit of the Company while Executive is an employee of the Company. Executive shall hold in confidence the Trade Secrets and Confidential Information of the Company. Except in the performance of services projections for the Company, Executive shall not reproduce, distribute, transmit, reverse engineer, decompile, disassemble, (iv) all information relating to the Company's systems and software (other than the portion thereof provided by the vendor to purchases of such systems and software, (v) all information relating to the Company's underwriting strategy, (vi), all information relating to the Company's litigation strategy, (vii) all information relating to plans for acquisitions, new state entry, or transfer books of business by the Trade Secrets or the Confidential Information Company, (viii) non-public business plans of the Company or any portion thereof. C. The obligations under this Agreement with regard its subsidiaries, and (iv) nonpublic information and lists relating to the Trade Secrets Company's business relationships with policy holders, insurance agents, insurance agencies, brokers, managing general agents, or other individuals or entities necessary to the sale or marketing of the Company remain in effect as long as the Company's policies, products, or services; and (x) all other information constitutes a trade secret under applicable law. The obligations with regard relating to the Confidential Information financial, business or other affairs of the Company shall remain in effect while Executive is employed by the Company and thereafter. D. Executive agrees to return to the Company, upon Executive's resignation, termination, or upon request by the Company, the Trade Secrets and Confidential Information of the Company and all materials relating thereto. E. As used herein, Company. "Trade Secrets" Secret" means information of the Company, and its licensors, suppliers, clients and customers, including, but not limited to, any technical or non-technical nontechnical 8 data, formulas, patterns, compilations, programs, devices, methods, techniques, drawings, processes, formula, pattern, compilation program, device, method, technique, drawing, process, financial data, financial plans, plan, product plans, or a plan, list of actual or potential customers or suppliers, suppliers or other information similar to any of the foregoing, which is not commonly known or available to the public and which information (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain derive economic value from its disclosure or use and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. F. As used herein, "Confidential Information" means information, other than Trade Secrets, that (b) Executive acknowledges Executive is treated as confidential, employed by the Company in a confidential relationship wherein Executive, in the course of Executive's employment with the Company, has received or will receive and that would potentially damage has had or interfere with, in any manner, the Company's business if disclosed. will have access to Confidential Information includes, and Trade Secrets of the Company, including but is not limited to, information concerning the Company's financial structure, pricing, revenue sharing, partner agreements, customer agreements, to confidential and secret business and marketing plans, methods strategies and studies, detailed client/customer lists and information relating to the operations and business requirements of operation, those clients/customers and internal operating procedures. accordingly, Executive is willing to enter into the covenants contained in Sections 10 and 11 of this Agreement in order to provide the Company with what Executive considers to be reasonable protection for Executive's interest. (c) Executive hereby agrees that during the Term and thereafter, Executive will hold in confidence all Confidential Information of the Company and its direct or indirect subsidiaries that came into Executive's knowledge during Executive's employment by the Company and shall not disclose, publish or make use of such Confidential Information without the prior written consent of the Company. (d) Executive shall hold in confidence all Trade Secrets of the Company and its direct or indirect subsidiaries that came into Executive's knowledge during Executive's employment by the Company and shall not disclose, publish or make use of at any time after the date hereof such Trade Secrets without the prior written consent of the Company for as long as the information remains a Trade Secret. (e) Notwithstanding the foregoing, the provisions of this sub-section D do Section 10 will not apply to (1) (i) information required to be disclosed by Executive in the ordinary course of Executive's duties hereunder or (ii) Confidential Information that otherwise becomes generally known in the industry or to the public through no act of Executive or any person or entity acting by or on Executive's behalf, or which is general knowledge required to be disclosed by court order or applicable law. (f) The parties agree that the restrictions stated in this Section 9 are in addition to and not in lieu of protections afforded to trade secrets and confidential information under applicable state law. Nothing in this Agreement is intended to or shall be interpreted as diminishing or otherwise limiting the Company's industry, (ii) information that has been disclosed right under applicable state law to Executive by third parties who are unrelated to the Company protect its trade secrets and who are not bound by agreements of confidentiality with respect thereto, and (iii) as Executive may be required to disclose by law but only to the extent required by law. confidential information. View More
Trade Secrets and Confidential Information. A. (a) During the course of Executive's employment with the Company, the Company and its affiliates may disclose to Executive Trade Secrets and Confidential Information (defined (each, as defined below). The Trade Secrets and the Confidential Information of the Company and its affiliates are the sole and -7- exclusive property of the Company and its affiliates (or a third party providing such information to the Company). Company or its applicable affiliate). The disclosure of the Trade Secrets a...nd the Confidential Information of the Company and its affiliates to Executive does not give Executive any license, interest interest, or rights of any kind in the Trade Secrets or Confidential Information. B. (b) Executive may use the Trade Secrets and Confidential Information solely for the benefit of the Company and its affiliates while Executive is an employee of the Company. Executive shall hold in confidence the Trade Secrets and Confidential Information of the Company. Except in the performance of services for the Company, Company and its affiliates, Executive shall not reproduce, distribute, transmit, reverse engineer, decompile, disassemble, or transfer the Trade Secrets or the Confidential Information of the Company and its affiliates or any portion thereof. C. (c) The obligations under this Agreement with regard to the Trade Secrets of the Company and its affiliates remain in effect as long as the information constitutes a trade secret under applicable law. The obligations with regard to the Confidential Information of the Company shall remain in effect while Executive is employed by the Company and its affiliates and thereafter. D. (d) Executive agrees to return to the Company, upon Executive's resignation, termination, or upon request by the Company, the Trade Secrets and Confidential Information of the Company and all materials relating thereto. E. -9- (e) As used herein, "Trade Secrets" means information of the Company, Company and its affiliates, and their respective licensors, suppliers, clients clients, and customers, including, but not limited to, technical or non-technical data, formulas, patterns, compilations, programs, devices, methods, techniques, drawings, processes, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers, which is not commonly known or available to the public and which information (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. F. (f) As used herein, "Confidential Information" means information, other than Trade Secrets, that is treated as confidential, and that would potentially damage or interfere with, in any manner, the Company's business of the Company and its affiliates if disclosed. Confidential Information The term "Confidential Information" includes, but is not limited to, information concerning the Company's (and its affiliates') financial structure, pricing, revenue sharing, partner agreements, customer agreements, marketing plans, methods of operation, and internal operating procedures. (g) Notwithstanding the foregoing, the provisions of this sub-section D Section 11 do not apply to (1) information which that (i) is general knowledge in the Company's industry, (ii) information that has been disclosed to Executive by third parties who are unrelated to the Company and who are not bound by agreements of confidentiality with respect thereto, and (iii) as Executive may be is required to disclose by law but (but only to the extent required by law. law). View More
Trade Secrets and Confidential Information. A. (a) During the course of Executive's employment with the Company, the Company and its affiliates may disclose to Executive Trade Secrets and Confidential Information (defined (each, as defined below). The Trade Secrets and the Confidential Information of the Company and its affiliates are the sole and -7- exclusive property of the Company and its affiliates (or a third party providing such information to the Company). Company or its applicable affiliate). The disclosure of the Trade Secrets a...nd the Confidential Information of the Company and its affiliates to Executive does not give Executive any license, interest interest, or rights of any kind in the Trade Secrets or Confidential Information. B. (b) Executive may use the Trade Secrets and Confidential Information solely for the benefit of the Company and its affiliates while Executive is an employee of the Company. Executive shall hold in confidence the Trade Secrets and Confidential Information of the Company. Except in the performance of services for the Company, Company and its affiliates, Executive shall not reproduce, distribute, transmit, reverse engineer, decompile, disassemble, or transfer the Trade Secrets or the Confidential Information of the Company and its affiliates or any portion thereof. C. (c) The obligations under this Agreement with regard to the Trade Secrets of the Company and its affiliates remain in effect as long as the information constitutes a trade secret under applicable law. The obligations with regard to the Confidential Information of the Company shall remain in effect while Executive is employed by the Company and its affiliates and thereafter. D. (d) Executive agrees to return to the Company, upon Executive's resignation, termination, or upon request by the Company, the Trade Secrets and Confidential Information of the Company and all materials relating thereto. E. (e) As used herein, "Trade Secrets" means information of the Company, Company and its affiliates, and their respective licensors, suppliers, clients clients, and customers, including, but not limited to, technical or non-technical data, formulas, patterns, compilations, programs, devices, methods, techniques, drawings, processes, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers, which is not commonly known or available to the public and which information (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. F. -9- (f) As used herein, "Confidential Information" means information, other than Trade Secrets, that is treated as confidential, and that would potentially damage or interfere with, in any manner, the Company's business of the Company and its affiliates if disclosed. Confidential Information The term "Confidential Information" includes, but is not limited to, information concerning the Company's (and its affiliates') financial structure, pricing, revenue sharing, partner agreements, customer agreements, marketing plans, methods of operation, and internal operating procedures. (g) Notwithstanding the foregoing, the provisions of this sub-section D Section 11 do not apply to (1) information which that (i) is general knowledge in the Company's industry, (ii) information that has been disclosed to Executive by third parties who are unrelated to the Company and who are not bound by agreements of confidentiality with respect thereto, and (iii) as Executive may be is required to disclose by law but (but only to the extent required by law. law). View More
Trade Secrets and Confidential Information. A. During the course of Executive's employment with the Company, the Company and its affiliates may disclose to Executive Trade Secrets and Confidential Information (defined (each as defined below). The Trade Secrets and the Confidential Information of the Company and its affiliates are the sole and -7- exclusive property of the Company and its affiliates (or a third party providing such information to the Company). Company or its applicable affiliate). The disclosure of the Trade Secrets and th...e Confidential Information of the Company and its affiliates to Executive does not give Executive any license, interest or rights of any kind in the Trade Secrets or Confidential Information. B. Executive may use the Trade Secrets and Confidential Information solely for the benefit of the Company and its affiliates while Executive is an employee of the Company. Executive shall hold in confidence the Trade Secrets and Confidential Information of the Company. Except in the performance of services for the Company, Company and its affiliates, Executive shall not reproduce, distribute, transmit, reverse engineer, decompile, disassemble, or transfer the Trade Secrets or the Confidential Information of the Company and its affiliates or any portion thereof. C. The obligations under this Agreement with regard to the Trade Secrets of the Company and its affiliates remain in effect as long as the information constitutes a trade secret under applicable law. The obligations with regard to the Confidential Information of the 6 Company shall remain in effect while Executive is employed by the Company and its affiliates and thereafter. D. Executive agrees to return to the Company, upon Executive's resignation, termination, or upon request by the Company, the Trade Secrets and Confidential Information of the Company and all materials relating thereto. E. As used herein, "Trade Secrets" means information of the Company, Company and its affiliates, and their respective licensors, suppliers, clients and customers, including, but not limited to, technical or non-technical data, formulas, patterns, compilations, programs, devices, methods, techniques, drawings, processes, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers, which is not commonly known or available to the public and which information (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. F. As used herein, "Confidential Information" means information, other than Trade Secrets, that is treated as confidential, and that would potentially damage or interfere with, in any manner, the Company's business of the Company and its affiliates if disclosed. Confidential Information includes, but is not limited to, information concerning the Company's (and its affiliates') financial structure, pricing, revenue sharing, partner agreements, customer agreements, marketing plans, methods of operation, and internal operating procedures. Notwithstanding the foregoing, the provisions of this sub-section D Section 11 do not apply to (1) (i) information which is general knowledge in the Company's industry, (ii) information that has been disclosed to Executive by third parties who are unrelated to the Company and who are not bound by agreements of confidentiality with respect thereto, and (iii) as Executive may be required to disclose by law but only to the extent required by law. View More
Trade Secrets and Confidential Information. A. During the course of Executive's employment with the Company, the Company and its affiliates may disclose to Executive Trade Secrets and Confidential Information (defined (each as defined below). The Trade Secrets and the Confidential Information of the Company and its affiliates are the sole and -7- exclusive property of the Company and its affiliates (or a third party providing such information to the Company). Company or its applicable affiliate). The disclosure of the Trade Secrets and th...e Confidential Information of the Company and its affiliates to Executive does not give Executive any license, interest or rights of any kind in the Trade Secrets or Confidential Information. B. 5 Executive may use the Trade Secrets and Confidential Information solely for the benefit of the Company and its affiliates while Executive is an employee of the Company. Executive shall hold in confidence the Trade Secrets and Confidential Information of the Company. Except in the performance of services for the Company, Company and its affiliates, Executive shall not reproduce, distribute, transmit, reverse engineer, decompile, disassemble, or transfer the Trade Secrets or the Confidential Information of the Company and its affiliates or any portion thereof. C. The obligations under this Agreement with regard to the Trade Secrets of the Company and its affiliates remain in effect as long as the information constitutes a trade secret under applicable law. The obligations with regard to the Confidential Information of the Company shall remain in effect while Executive is employed by the Company and its affiliates and thereafter. D. Executive agrees to return to the Company, upon Executive's resignation, termination, or upon request by the Company, the Trade Secrets and Confidential Information of the Company and all materials relating thereto. E. As used herein, "Trade Secrets" means information of the Company, Company and its affiliates, and their respective licensors, suppliers, clients and customers, including, but not limited to, technical or non-technical data, formulas, patterns, compilations, programs, devices, methods, techniques, drawings, processes, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers, which is not commonly known or available to the public and which information (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. F. As used herein, "Confidential Information" means information, other than Trade Secrets, that is treated as confidential, and that would potentially damage or interfere with, in any manner, the Company's business of the Company and its affiliates if disclosed. Confidential Information includes, but is not limited to, information concerning the Company's (and its affiliates') financial structure, pricing, revenue sharing, partner agreements, customer agreements, marketing plans, methods of operation, and internal operating procedures. Notwithstanding the foregoing, the provisions of this sub-section D Section 11 do not apply to (1) (i) information which is general knowledge in the Company's industry, (ii) information that has been disclosed to Executive by third parties who are unrelated to the Company and who are not bound by agreements of confidentiality with respect thereto, and (iii) as Executive may be required to disclose by law but only to the extent required by law. View More
Trade Secrets and Confidential Information. A. During the course of Executive's employment with the Company, the Company and its affiliates may disclose to Executive Trade Secrets and Confidential Information (defined (each as defined below). The Trade Secrets and the Confidential Information of the Company and its affiliates are the sole and -7- exclusive property of the Company and its affiliates (or a third party providing such information to the Company). Company or its applicable affiliate). The disclosure of the Trade Secrets and th...e Confidential Information of the Company and its affiliates to Executive -6- does not give Executive any license, interest interest, or rights of any kind in the Trade Secrets or Confidential Information. B. Executive may use the Trade Secrets and Confidential Information solely for the benefit of the Company and its affiliates while Executive is an employee of the Company. Executive shall hold in confidence the Trade Secrets and Confidential Information of the Company. Except in the performance of services for the Company, Company and its affiliates, Executive shall not reproduce, distribute, transmit, reverse engineer, decompile, disassemble, or transfer the Trade Secrets or the Confidential Information of the Company and its affiliates or any portion thereof. C. The obligations under this Agreement with regard to the Trade Secrets of the Company and its affiliates shall remain in effect as long as the information constitutes a trade secret under applicable law. The obligations with regard to the Confidential Information of the Company shall remain in effect while Executive is employed by the Company and its affiliates and thereafter. D. Executive agrees to return to the Company, upon Executive's resignation, termination, or upon request by the Company, the Trade Secrets and Confidential Information of the Company and all materials relating thereto. E. As used herein, "Trade Secrets" means information of the Company, Company and its affiliates, and their respective licensors, suppliers, clients clients, and customers, including, but not limited to, technical or non-technical data, formulas, patterns, compilations, programs, devices, methods, techniques, drawings, processes, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers, which is not commonly known or available to the public and which information (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. F. As used herein, "Confidential Information" means information, other than Trade Secrets, that is treated as confidential, and that would potentially damage or interfere with, in any manner, the Company's business of the Company and its affiliates if disclosed. Confidential Information includes, but is not limited to, information concerning the Company's (and its affiliates') financial structure, pricing, revenue sharing, partner agreements, customer agreements, marketing plans, methods of operation, and internal operating procedures. Notwithstanding the foregoing, the provisions of this sub-section D Section 11 do not apply to (1) (i) information which is general knowledge in the Company's industry, (ii) information that has been disclosed to Executive by third parties who are unrelated to the Company and who are not bound by agreements of confidentiality with respect thereto, and (iii) as Executive may be required to disclose by law but only to the extent required by law. View More
Trade Secrets and Confidential Information. A. During A.During the course of Executive's employment with the Company, the Company and its affiliates may disclose to Executive Trade Secrets and Confidential Information (defined (each as defined below). The Trade Secrets and the Confidential Information of the Company and its affiliates are the sole and -7- exclusive property of the Company and its affiliates (or a third party providing such information to the Company). Company or its applicable affiliate). The disclosure of the Trade Secre...ts and the Confidential Information of the Company and its affiliates to Executive does not give Executive any license, interest or rights of any kind in the Trade Secrets or Confidential Information. B. Executive B.Executive may use the Trade Secrets and Confidential Information solely for the benefit of the Company and its affiliates while Executive is an employee of the Company. Executive shall hold in confidence the Trade Secrets and Confidential Information of the Company. Except in the performance of services for the Company, Company and its affiliates, Executive shall not reproduce, distribute, transmit, reverse engineer, decompile, disassemble, or transfer the Trade Secrets or the Confidential Information of the Company and its affiliates or any portion thereof. C. The C.The obligations under this Agreement with regard to the Trade Secrets of the Company and its affiliates remain in effect as long as the information constitutes a trade secret under applicable law. The obligations with regard to the Confidential Information of the Company shall remain in effect while Executive is employed by the Company and its affiliates and thereafter. D. Executive D.Executive agrees to return to the Company, upon Executive's resignation, termination, or upon request by the Company, the Trade Secrets and Confidential Information of the Company and all materials relating thereto. E. As E.As used herein, "Trade Secrets" means information of the Company, Company and its affiliates, and their respective licensors, suppliers, clients and customers, including, but not limited to, technical or non-technical data, formulas, patterns, compilations, programs, devices, methods, techniques, drawings, processes, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers, which is not commonly known or available to the public and which information (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. F. As F.As used herein, "Confidential Information" means information, other than Trade Secrets, that is treated as confidential, and that would potentially damage or interfere with, in any manner, the Company's business of the Company and its affiliates if disclosed. Confidential Information includes, but is not limited to, information concerning the Company's (and its affiliates') financial structure, pricing, revenue sharing, partner agreements, customer agreements, marketing plans, methods of operation, and internal operating procedures. Notwithstanding the foregoing, the provisions of this sub-section D Section 11 do not apply to (1) (i) information which is general knowledge in the Company's industry, (ii) information that has been disclosed to Executive by third parties who are unrelated to the Company and who are not bound by agreements of confidentiality with respect thereto, and (iii) as Executive may be required to disclose by law but only to the extent required by law. View More
