Common use of Acknowledgement of Receipt of Confidential Information Clause in Contracts

Acknowledgement of Receipt of Confidential Information. Xx. Xxxx acknowledges that he has occupied a position of the highest trust and confidence with the Seattle Bank, and during Xx. Xxxx’x employment with the Seattle Bank, he has become familiar with the Seattle Bank’s trade secrets, business plans and strategies, and with other proprietary and confidential information concerning the Seattle Bank, its business, employees and members. Xx. Xxxx agrees that (a) the agreements and covenants contained in this paragraph are essential to protect the Seattle Bank and the goodwill of its business; (b) the Seattle Bank would be irreparably damaged if Xx. Xxxx were to disclose confidential information in violation of these provisions of this Agreement; and (c) the separation benefits provided him under this Agreement are given to him in part in exchange for his agreement to the restrictions set forth below. As used in this Agreement, “Confidential Information” shall mean any information relating to the business or affairs of the Seattle Bank or its customers, including but not limited to information relating to financial statements, identities of members and potential members, employees, suppliers, software tools, business methods, equipment, programs, methodologies, strategies and information, analyses, reports, models, calculations, profit margins, exam findings, Board of Directors matters, or other proprietary information used by the Seattle Bank in connection with its business, provided, however, that Confidential Information shall not include any information which is in the public domain or becomes known in the industry through no wrongful act on the part of Xx. Xxxx. Xx. Xxxx acknowledges that the Confidential Information is vital, sensitive, confidential and proprietary to the Seattle Bank.

Acknowledgement of Receipt of Confidential Information. Xx. Xxxx Xxxxxxxx acknowledges that he has occupied a position of the highest trust and confidence with the Seattle Bank, and during Xx. Xxxx’x Xxxxxxxx'x employment with the Seattle Bank, he has become familiar with the Seattle Bank’s 's trade secrets, business plans and strategies, and with other proprietary and confidential information concerning the Seattle Bank, its business, employees and members. Xx. Xxxx Xxxxxxxx agrees that (a) the agreements and covenants contained in this paragraph are essential to protect the Seattle Bank and the goodwill of its business; (b) the Seattle Bank would be irreparably damaged if Xx. Xxxx Xxxxxxxx were to disclose confidential information in violation of these provisions of this Agreement; and (c) the separation benefits provided him under this Agreement are given to him in part in exchange for his agreement to the restrictions set forth below. As used in this Agreement, “"Confidential Information” " shall mean any information relating to the business or affairs of the Seattle Bank or its customers, including but not limited to information relating to financial statements, identities of members and potential members, employees, suppliers, software tools, business methods, business plans, equipment, programs, methodologies, strategies and information, analyses, reports, models, calculations, profit margins, exam findings, Board of Directors mattersexamination reports, or other proprietary information used by the Seattle Bank in connection with its business, provided, however, that Confidential Information shall not include any information which is in the public domain or becomes known in the industry through no wrongful act on the part of Xx. XxxxXxxxxxxx. Xx. Xxxx Xxxxxxxx acknowledges that the Confidential Information is vital, sensitive, confidential and proprietary to the Seattle Bank.

Acknowledgement of Receipt of Confidential Information. Xx. Xxxx Xxxxxx acknowledges that he has occupied a position of the highest trust and confidence with the Seattle Bank, and during Xx. Xxxx’x Xxxxxx’ employment with the Seattle Bank, he has become familiar with the Seattle Bank’s trade secrets, business plans and strategies, and with other proprietary and confidential information concerning the Seattle Bank, its business, employees and members. Xx. Xxxx Xxxxxx agrees that (a) the agreements and covenants contained in this paragraph are essential to protect the Seattle Bank and the goodwill of its business; (b) the Seattle Bank would be irreparably damaged if Xx. Xxxx Xxxxxx were to disclose confidential information in violation of these provisions of this Agreement; and (c) the separation benefits provided him under this Agreement are given to him in part in exchange for his agreement to the restrictions set forth below. As used in this Agreement, “Confidential Information” shall mean any information relating to the business or affairs of the Seattle Bank or its customers, including but not limited to information relating to financial statements, identities of members and potential members, employees, suppliers, software tools, business methods, business plans, equipment, programs, methodologies, strategies and information, analyses, reports, models, calculations, profit margins, exam findings, Board of Directors mattersexamination reports, or other proprietary information used by the Seattle Bank in connection with its business, provided, however, that Confidential Information shall not include any information which is in the public domain or becomes known in the industry through no wrongful act on the part of Xx. XxxxXxxxxx. Xx. Xxxx Xxxxxx acknowledges that the Confidential Information is vital, sensitive, confidential and proprietary to the Seattle Bank.

Acknowledgement of Receipt of Confidential Information. Xx. Xxxx Xxxxxxx acknowledges that he she has occupied a position of the highest trust and confidence with the Seattle Bank, and during Xx. Xxxx’x Xxxxxxx' employment with the Seattle Bank, he she has become familiar with the Seattle Bank’s 's trade secrets, business plans and strategies, and with other proprietary and confidential information concerning the Seattle Bank, its business, employees and members. Xx. Xxxx Xxxxxxx agrees that (a) the agreements and covenants contained in this paragraph are essential to protect the Seattle Bank and the goodwill of its business; (b) the Seattle Bank would be irreparably damaged if Xx. Xxxx Xxxxxxx were to disclose confidential information in violation of these provisions of this Agreement; and (c) the separation benefits provided him her under this Agreement are given to him her in part in exchange for his her agreement to the restrictions set forth below. As used in this Agreement, “"Confidential Information” " shall mean any information relating to the business or affairs of the Seattle Bank or its customers, including but not limited to information relating to financial statements, identities of members and potential members, employees, suppliers, software tools, business methods, business plans, equipment, programs, methodologies, strategies and information, analyses, reports, models, calculations, profit margins, exam findings, Board of Directors mattersexamination reports, or other proprietary information used by the Seattle Bank in connection with its business, provided, however, that Confidential Information shall not include any information which is in the public domain or becomes known in the industry through no wrongful act on the part of Xx. XxxxXxxxxxx. Xx. Xxxx Xxxxxxx acknowledges that the Confidential Information is vital, sensitive, confidential and proprietary to the Seattle Bank.

Acknowledgement of Receipt of Confidential Information. Xx. Xxxx acknowledges that he has occupied a position of the highest trust and confidence with the Seattle Bank, and during Xx. Xxxx’x employment with the Seattle Bank, he has become familiar with the Seattle Bank’s trade secrets, business plans and strategies, and with other proprietary and confidential information concerning the Seattle Bank, its business, employees and members. Xx. Xxxx agrees that (a) the agreements and covenants contained in this paragraph are essential to protect the Seattle Bank and the goodwill of its business; (b) the Seattle Bank would be irreparably damaged if Xx. Xxxx were to disclose confidential information in violation of these provisions of this Agreement; and (c) the separation benefits provided him under this Agreement are given to him in part in exchange for his agreement to the restrictions set forth below. As used in this Agreement, “Confidential Information” shall mean any information relating to the business or affairs of the Seattle Bank or its customers, including but not limited to information relating to financial statements, identities of members and potential members, employees, suppliers, software tools, business methods, business plans, equipment, programs, methodologies, strategies and information, analyses, reports, models, calculations, profit margins, exam findings, Board of Directors mattersexamination reports, or other proprietary information used by the Seattle Bank in connection with its business, provided, however, that Confidential Information shall not include any information which is in the public domain or becomes known in the industry through no wrongful act on the part of Xx. Xxxx. Xx. Xxxx acknowledges that the Confidential Information is vital, sensitive, confidential and proprietary to the Seattle Bank.