Proprietary and Confidential Information. Employee acknowledges that as a consequence of his employment by Albany, proprietary and confidential information relating to the business of Albany may be or have been disclosed to or developed or acquired by Employee which is not generally known to the trade or the general public and which is of considerable value to Albany. Such information includes, without limitation, information about trade secrets, inventions, patents, licenses, research projects, costs, profits, markets, sales, customer lists, computer programs, records, and software; plans for future development, and any other information not available to the trade or the general public, including information obtained from or developed in conjunction with a third party that is subject to a confidentiality or similar agreement between Albany and such third party. Employee acknowledges and agrees that his relationship with Albany with respect to such information is and shall be fiduciary in nature. During the remainder of, and after, his employment by Albany, Employee shall not use such information for his own benefit, or for the benefit of any other employer or for any other purpose whatsoever other than the performance of his work for Albany, and Employee shall maintain all such information in confidence and shall not disclose any thereof to any person other than employees of Albany authorized to receive such information. This obligation is in addition to any similar obligations of Employee pursuant to the other agreements. Employee further agrees to return any property belonging to Albany at the end of his employment.
Proprietary and Confidential Information. Employee acknowledges that as a consequence of hisher employment by Albany, proprietary and confidential information relating to the business of Albany may be or have been disclosed to or developed or acquired by Employee which is not generally known to the trade or the general public and which is of considerable value to Albany. Such information includes, without limitation, information about trade secrets, inventions, patents, licenses, research projects, costs, profits, markets, sales, customer lists, computer programs, records, and software; plans for future development, and any other information not available to the trade or the general public, including information obtained from or developed in conjunction with a third party that is subject to a confidentiality or similar agreement between Albany and such third party. Employee acknowledges and agrees that hisher relationship with Albany with respect to such information is and shall be fiduciary in nature. During the remainder of, and after, hisher employment by Albany, Employee shall not use such information for hisher own benefit, or for the benefit of any other employer or for any other purpose whatsoever other than the performance of hisher work for Albany, and Employee shall maintain all such information in confidence and shall not disclose any thereof to any person other than employees of Albany authorized to receive such information. This obligation is in addition to any similar obligations of Employee pursuant to the other agreements. Employee further agrees to return any property belonging to Albany at the end of hisher employment.
Proprietary and Confidential Information. Employee acknowledges that as a consequence of his or her employment by Albany,with the Company proprietary and confidential information relating to the Company’s business of Albany may bebe, or have beenbeen, disclosed to or developed or acquired by the Employee which is not generally known to the trade or the general public and which is of considerableactual or potential value to Albany.the Company (“Proprietary Information”). Such informationProprietary Information includes, without limitation, information about trade secrets, inventions, patents, licenses, research projects, costs, profits, markets, sales, customer lists, proprietary computer programs, proprietary records, and proprietary software; plans for future development, and any other information not available to the trade or the general public, including information obtained from or developed in conjunction with a third party that is subject to a confidentiality or similar agreement between Albanythe Company and such third party. The Employee acknowledges and agrees that his or her relationship with Albanythe Company with respect to such information isProprietary Information has been and shall be fiduciary in nature. DuringConsequently, during the remainder of, and after, his or her employment by Albany,the Company, the Employee shall not use such informationany Proprietary Information for his or her own benefit, or for the benefit of any other employerperson or entity or for any other purpose whatsoever other than the performance of his or her work for Albany,the Company, and the Employee shall maintain all such information in confidence and shall not disclose any thereof to any person other than employees of Albanythe Company authorized to receive such information. This obligation is in addition to any similar obligations ofthe Employee may have pursuant to any other agreement, statute or common-law. Nothing herein, however, shall preclude the other agreements. Employee further agrees to return any property belonging to Albany atfrom describing his or her duties with the Company in future job interviews. After the fifth anniversary of the end of his employment.the Employee’s employment by the Company, the term Proprietary Information shall be limited to information constituting trade secrets of the Company.
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