Common use of Nondisclosure of Proprietary Data Clause in Contracts

Nondisclosure of Proprietary Data. Seller and Members shall hold in a fiduciary --------------------------------- capacity for the benefit of Buyer all secret or confidential information, knowledge or data relating to Buyer or any of its affiliated companies, and their respective businesses, which shall not be or become public knowledge. Seller and Members shall not, without the prior written consent of Buyer, or as may otherwise be required by law or legal process, communicate or divulge either before or after the Closing Date any such information, knowledge or data to anyone other than Buyer and those designated by Buyer in writing.

Appears in 1 contract

Sources: Asset Purchase Agreement (Pcsupport Com Inc)

Nondisclosure of Proprietary Data. Seller and Members shall hold in a fiduciary --------------------------------- capacity for the benefit of Buyer all secret or confidential information, knowledge or data relating to Buyer or any of its affiliated companies, and their respective businesses, which shall not be or become public knowledge. Seller and Members shall not, without the prior written consent of Buyer, or as may otherwise be required by law or legal processprocess or in order to defend itself in legal proceedings, communicate or divulge either before or after the Closing Date any such information, knowledge or data to anyone other than Buyer and those designated by Buyer in writing.

Appears in 1 contract

Sources: Asset Purchase Agreement (Pcsupport Com Inc)