Proprietary Information Work Product Non Disclosure Clause Samples
This clause defines the obligations of parties regarding the protection and handling of proprietary information and work product, as well as the requirement to maintain confidentiality. It typically specifies that any confidential or proprietary information shared or created during the course of the agreement must not be disclosed to third parties and must be used only for purposes related to the agreement. For example, it may cover trade secrets, business plans, or intellectual property developed during the engagement. The core function of this clause is to safeguard sensitive information, ensuring that valuable business assets and intellectual property are not misused or improperly disclosed.
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Proprietary Information Work Product Non Disclosure. A. Company has conceived, developed and owns, and continues to conceive and develop, certain property rights and information, including but not limited to its business plans and objectives, client and customer information, financial projections, marketing plans, marketing materials, logos, and designs, and technical data, processes, know-how, formulae, databases, computer programs, and other trade secrets, intangible assets and industrial or proprietary property rights which may or may not be related directly or indirectly to Company’s business and all documentation, media or other tangible embodiment of or relating to any of the foregoing and all proprietary rights therein of Company are hereinafter referred to as “Proprietary Information”
Proprietary Information Work Product Non Disclosure. Proprietary Information Defined. The Company has and/or will conceive, develop and/or own, and continues to conceive and develop, certain property and intellectual rights and information, including, but not limited to, its business plans and objectives, products and services, client customer and employee information, financial projections, marketing plans, marketing materials, logos, and designs, and technical data, inventions, research, recipes, processes, know how, marketing strategies, algorithms, formulae franchises, databases, computer programs, computer software and other trade secrets, information relating to patents issued patents pending, patent applications, trademarks service marks, copyrights, inventions know-how or trade secrets, or otherwise to research and development efforts, methodologies, testing, engineering, manufacturing, sales, finances or operations (such as but not limited to processes, formulae, methods designs schematics plans techniques, devices, manufacturing and/or testing procedures sales, personnel information or data), intangible assets and industrial or proprietary property rights which may or may not be related directly or indirectly to the Company’s business and all documentation, media or other tangible embodiment of or relating to any of the foregoing and all proprietary rights therein of the Company (all of which are hereinafter referred to as the “Proprietary Information”). Although certain information may be generally known in the relevant industry, the fact that the Company uses it may not be so known. In such instance, the knowledge that the Company uses the information would comprise Proprietary Information. Furthermore, the fact that various fragments of information or data may be generally known in the relevant industry does not mean that the manner in which the Company combines them, and the results obtained thereby, are known. In such instance, that would also comprise Proprietary Information.
Proprietary Information Work Product Non Disclosure