Confidentiality Agreement Terms
This agreement is made between Employee and Urgent Transit Inc. (the Employer). The employee agrees to the terms of this agreement:
1. As a condition of employment, the Employer requires that all new employees agree to enter into this confidentiality agreement. The Employee acknowledges that employment with Employer is sufficient consideration for the Employee to enter into this Agreement.
2. The employee acknowledges that, in the course of the employment, The employee will, and may in the future, come into possession of certain confidential information belonging to the employer, including but not limited to trade secrets, data, materials, products, technology, computer programs, specifications, manuals, business plans, software, marketing plans, financial information, and other information disclosed or submitted. This confidential information may be embodied in handwritten notes by the employee, computer disks, tapes, paper, or any other media.
3. The employee hereby covenants and agrees that she or he will at no time, during or after the term of employment with the employer, use for his or her own benefit or the benefit of others, or disclose or divulge to others, any such confidential information.
4. Upon termination of employment, the employee will return, retaining no copies or notes, all documents relating to the employer’s business including, but not limited to, reports, lists, correspondence, information, computer files, and all other material obtained by the employee during employment. Nor will the employee attempt to contact or solicit any clients that the employee may have worked with during employment.
5. The employee recognizes that the employer may be irreparably damaged by breach of this agreement, and that the employer shall be entitled to seek an injunction to prevent such competition or disclosure, and other legal remedies, including attorney’s fees and costs.
6. The obligations of the Recipient herein shall be effective from the date Owner last discloses any confidential information to the Recipient pursuant to this Agreement.
7. If any part of this agreement is adjudged invalid, illegal or unenforceable, the remaining parts shall remain in full force and effect.
8. This instrument constitutes the entire agreement of the parties. No representations or promises have been made except those that are set out in this agreement.
9. This agreement shall take effect as a sealed instrument and shall be construed, governed and enforced in accordance with the laws of the State of MA.
10. The descriptive headings used herein are for convenience of reference only, and they are not intended to have any effect in determining the rights or obligations under this agreement.