Covenant of Nondisclosure. 3 At all times, whether during the Participant's employment with the Company or after the termination of the Participant's employment for any reason, the Participant agrees as follows: (i) The Participant shall treat as confidential, not disclose, and use only for the advancement of the interests of the Company, all information, plans, records, trade secrets, business secrets, and confidential or other data of the Company submitted to the Participant or compiled, received, or otherwise discovered by the Participant, including but not limited to the Information, from time to time in the course of the Participant's employment by the Company for use in the Company's business, which the Participant knows to have been acquired by him or her in confidence or which the Participant knows would not otherwise be available to competitors of the Company or to members of the public and which would not otherwise become known to said competitors or members of the public. For purposes of this Section 8, "trade secrets" shall mean any information concerning any matters relating to the affairs or business of the Company, including, without limitation, (i) the names or addresses of any customers of the Company; (ii) information concerning the accounts or portfolios of the customers of the Company; and (iii) any other information concerning the business of the Company, its manner of operation, its plans, or other related data. (ii) The Participant agrees that all customer records, files, lists, information, data, forms, notes, or questionnaires, whether written, printed or electronically stored, including all or any information collected by the Participant from any source within or by any means from the Company are deemed to be the sole property of the Company. The Participant will not remove any such materials from the offices or other premises of the Company, either in original form, copy or electronic form, or transmit such information or materials verbally or in written form, except as necessary in the ordinary course of conducting business for the Company. The Participant further
Appears in 1 contract
Sources: Long Term Incentive Plan Award Agreement (First Citizens Bancshares Inc /De/)
Covenant of Nondisclosure. 3 At all times, whether during the Participant's employment with the Company or after the termination of the Participant's employment for any reason, the Participant agrees as follows:
(i) The Participant shall treat as confidential, not disclose, and use only for the advancement of the interests of the Company, all information, plans, records, trade secrets, business secrets, and confidential or other data of the Company submitted to the Participant or compiled, received, or otherwise discovered by the Participant, including but not limited to the Information, from time to time in the course of the Participant's employment by the Company for use in the Company's business, which the Participant knows to have been acquired by him or her in confidence or which the Participant knows would not otherwise be available to competitors of the Company or to members of the public and which would not otherwise become known to said competitors or members of the public. For purposes of this Section 8, "trade secrets" shall mean any information concerning any matters relating to the affairs or business of the Company, including, without limitation, (i) the names or addresses of any customers of the Company; (ii) information concerning the accounts or portfolios of the customers of the Company; and (iii) any other information concerning the business of the Company, its manner of operation, its plans, or other related data.
(ii) The Participant agrees that all customer records, files, lists, information, data, forms, notes, or questionnaires, whether written, printed or electronically stored, including all or any information collected by the Participant from any source within or by any means from the Company are deemed to be the sole property of the Company. The Participant will not remove any such materials from the offices or other premises of the Company, either in original form, copy or electronic form, or transmit such information or materials verbally or in written form, except as necessary in the ordinary course of conducting business for the Company. The Participant furtherfurther agrees that, upon termination of the Participant's employment with the Company, for 3 Important state-specific modifications to this Covenant of Nondisclosure are set forth in Appendix B to this Agreement. any or no cause, voluntarily or involuntarily, or at any other time upon the Company's request, the Participant shall immediately return to the Company any and all property, customer lists, information, forms, formulae, plans, documents, memoranda, notes, records, and other written or electronic material or data, software, or firmware, and all copies of same, belonging to the Company (including any of such materials compiled by or for employees of either) or any of its customers, within the Participant's possession or control, and will not at any time thereafter copy, reproduce, or otherwise facilitate the disclosure of such information or data. The Participant further agrees to not retain, use or at any time sue for, any trade name, trademark, service mark, or other proprietary business designation used or owned in connection with the Company's business.
Appears in 1 contract
Sources: Long Term Incentive Plan Award Agreement (First Citizens Bancshares Inc /De/)
Covenant of Nondisclosure. 3 At all times, whether during the Participant's employment with the Company or after the termination of the Participant's employment for any reason, the Participant agrees as follows:
(i) The Participant shall treat as confidential, not disclose, and use only for the advancement of the interests of the Company, all information, plans, records, trade secrets, business secrets, and confidential or other data of the Company submitted to the Participant or compiled, received, or otherwise discovered by the Participant, including but not limited to the Information, from time to time in the course of the Participant's employment by the Company for use in the Company's business, which the Participant knows to have been acquired by him or her in confidence or which the Participant knows would not otherwise be available to competitors of the Company or to members of the public and which would not otherwise become known to said competitors or members of the public. For purposes of this Section 8, "trade secrets" shall mean any information concerning any matters relating to the affairs or business of the Company, including, without limitation, (i) the names or addresses of any customers of the Company; (ii) information concerning the accounts or portfolios of the customers of the Company; and (iii) any other information concerning the business of the Company, its manner of operation, its plans, or other related data.
(ii) The Participant agrees that all customer records, files, lists, information, data, forms, notes, or questionnaires, whether written, printed or electronically stored, including all or any information collected by the Participant from any source within or by any means from the Company are deemed to be the sole property of the Company. The Participant will not remove any such materials from the offices or other premises of the Company, either in original form, copy or electronic form, or transmit such information or materials verbally or in written form, except as necessary in the ordinary course of conducting business for the Company. The Participant furtherfurther agrees that, upon termination of the Participant's employment with the Company, for any or no cause, voluntarily or involuntarily, or at any other time upon the Company's request, the Participant shall immediately return to the Company any and all property, customer lists, information, forms, formulae, plans, documents, memoranda, notes, records, and other written or electronic material or data, software, or firmware, and all copies of same, belonging to the Company (including any of such materials compiled 3 Important state-specific modifications to this Covenant of Nondisclosure are set forth in Appendix B to this Agreement. by or for employees of either) or any of their customers, within the Participant's possession, and will not at any time thereafter copy, reproduce, or otherwise facilitate the disclosure of such information or data. The Participant further agrees not to retain, use or at any time sue for, any trade name, trademark, service mark, or other proprietary business designation used or owned in connection with the Company's business.
Appears in 1 contract
Sources: Long Term Incentive Plan Award Agreement (First Citizens Bancshares Inc /De/)