Common use of Affirmative Duty to Disclose Clause in Contracts

Affirmative Duty to Disclose. Xxxxxx shall promptly communicate and disclose to the Company all observations made, information received, and data maintained relating to the business of the Company obtained by him as a consequence of his employment by the Company. All written material, possessed during his employment with the Company concerning business affairs of the Company or any of its affiliates, are the sole property of the Company and its affiliates, and Xxxxxx is obligated to make reasonably prompt disclosures of such information and documents to the Company, and, further, upon termination of this Agreement, or upon request of the Company, Xxxxxx shall promptly deliver the same to the Company or its affiliates, and shall not retain any copies of same.

Appears in 1 contract

Samples: Employment Agreement (Parks America, Inc)

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Affirmative Duty to Disclose. Xxxxxx shall promptly communicate and disclose to the Company all observations made, information received, and data maintained relating to the business of the Company obtained by him as a consequence of his employment by the Company. All written material, possessed possession during his employment with the Company concerning business affairs of the Company or any of its affiliates, are the sole property of the Company and its affiliates, and Xxxxxx is obligated to make reasonably prompt disclosures of such information and documents to the Company, and, further, upon termination of this Agreement, or upon request of the Company, Xxxxxx shall promptly deliver the same to the Company or its affiliates, and shall not retain any copies of same.

Appears in 1 contract

Samples: Employment Agreement (Great American Family Parks Inc)

Affirmative Duty to Disclose. Xxxxxx shall promptly communicate and disclose to the Company all observations made, information received, made and data maintained relating to the business of the Company obtained by him as a consequence of his employment by the Company. All written material, possessed possession during his employment with the Company concerning business affairs of the Company or any of its affiliates, are the sole property of the Company and its affiliates, and Xxxxxx is obligated to make reasonably prompt disclosures of such information and documents to the Company, and, further, upon termination of this Agreement, or upon request of the Company, Xxxxxx shall promptly deliver the same to the Company or its affiliates, and shall not retain any copies of same.

Appears in 1 contract

Samples: Employment Agreement (Diatect International Corp)

Affirmative Duty to Disclose. Xxxxxx Xxxxxxxxxx shall promptly communicate and disclose to the Company all observations made, information received, and data maintained relating to the business of the Company obtained by him as a consequence of his employment by the Company. All written material, possessed possession during his employment with the Company concerning business affairs of the Company or any of its affiliates, are the sole property of the Company and its affiliates, and Xxxxxx Xxxxxxxxxx is obligated to make reasonably prompt disclosures of such information and documents to the Company, and, further, upon termination of this Agreement, or upon request of the Company, Xxxxxx Xxxxxxxxxx shall promptly deliver the same to the Company or its affiliates, and shall not retain any copies of same.

Appears in 1 contract

Samples: Employment Agreement (Great American Family Parks Inc)

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Affirmative Duty to Disclose. Xxxxxx shall promptly communicate and disclose to the Company all observations made, information received, and data maintained relating to the business of the Company obtained by him as a consequence of his employment by the Company. All written material, possessed possession during his employment with the Company concerning business affairs of the Company or any of its affiliates, are the sole property of the Company and its affiliates, and Xxxxxx is obligated to make reasonably prompt disclosures of such information and documents to the Company, and, further, upon termination of this Agreement, or upon request of the Company, Xxxxxx shall promptly deliver the same to the Company or of its affiliates, and shall not retain any copies of same.

Appears in 1 contract

Samples: Employment Agreement (Diatect International Corp)

Affirmative Duty to Disclose. Xxxxxx Nxxxxx shall promptly communicate and disclose to the Company all observations made, information received, and data maintained relating to the business of the Company obtained by him as a consequence of his employment by the Company. All written material, possessed during his employment with the Company concerning business affairs of the Company or any of its affiliates, are the sole property of the Company and its affiliates, and Xxxxxx Nxxxxx is obligated to make reasonably prompt disclosures of such information and documents to the Company, and, further, upon termination of this Agreement, or upon request of the Company, Xxxxxx Nxxxxx shall promptly deliver the same to the Company or its affiliates, and shall not retain any copies of same.

Appears in 1 contract

Samples: Employment Agreement (Parks America, Inc)

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