AD.7 - Company Confidentiality Addendum

AD.7 - Company Confidentiality Addendum

Click here to access AD.7 - Company Confidentiality Addendum or view below.

Company Confidentiality Addendum

 

During the course of employment, employees may have access to and/or acquire information the Company considers proprietary and/or confidential (“Confidential Information”). Employees are required not to disclose, use or otherwise exploit for their own benefit, or for the benefit of any other person or entity, any Confidential Information. Maintaining this confidentiality is critical to the Company’s competitive position in the industry and ultimately to the Company’s ability to achieve financial success and provide employment stability. Thus, employees are required to return all such Confidential Information to the Company promptly upon its request, and in any event, promptly upon termination (for whatever reason). Employees are further required to hold Confidential Information in strict confidence even after their employment has terminated with the Company.

 

Confidential Information shall mean any information that is treated as confidential by the Company or by a Company client, or information that has potential economic value to the Company and is not generally known to the public. It also includes any and all information entrusted to the Company in confidence by clients, other third parties, its patents and copyrights, and any and all information defined as “trade secrets” under federal or state law.

 

Confidential Information may be contained in written materials, oral communications, unwritten knowledge acquired by employees and/or any other tangible method of expression, including hard disk and soft disk drive mechanisms. Examples of confidential information include, but are not limited to, the following:

     Individually identifiable information about our clients (see HIPAA Policies and Procedures)

     Proprietary compilations of management information about the business and operations

     Vendor identities and contracts

     Employee recruitment and retention strategies not known to the public

     Financial information about the Company or its clients

     Sales meeting information

     Marketing development information

     Customer and prospective customer lists and contracts

     Pricing and promotion information

     Customer preferences

     Business Strategies

     Pending projects and proposals

 

Confidential Information shall not include information that enters the public domain by lawful means other than through the unauthorized disclosure by employees.   IMPORTANT NOTICE: In compliance with 18 U.S.C. §1833(b), employees shall not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that—(A) is made—(i) in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney; and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or (B) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. If an employee files a lawsuit for retaliation for reporting a suspected violation of law, the employee may disclose the trade secret to his or her attorney and use the trade secret information in the court proceeding if the employee – (A) files any document containing the trade secret under seal; and (B) does not disclose the trade secret, except pursuant to court order.

 

Due to the close proximity in which some employees may work, any Confidential Information overheard or seen while in the course of performing your work should be considered confidential and not used or disclosed to family, friends or anyone else without prior written approval from the Owner of the Company. Employees are cautioned that it is a violation of this policy to disclose Confidential Information to co-workers who do not have a valid need-to-know.  An employee who improperly uses or discloses trade secrets or Confidential Information will be subject to disciplinary action, up to and including termination, even if he or she does not actually benefit from the disclosed information. The Company further reserves the right to pursue all available equitable and legal relief against employees and former employees who violate this policy.

 

 

 

 

By signing below, you agree that you have read, understood and agree to abide by the Company’s Confidentiality policy.

 

 

__________________________ _______________________________

Employee’s Printed Name Position

 

 

__________________________ _______________________________

Employee’s Signature Date


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