Common use of Confidential Information Noncompetition Clause in Contracts

Confidential Information Noncompetition. (a) The Executive shall hold in a fiduciary capacity for the benefit of the Company all secret or confidential information, knowledge or data relating to the Company or any of its affiliated companies, and their respective businesses, which shall have been obtained by the Executive during the Executive's employment by the Company or any of its affiliated companies and which shall not be or become public knowledge (other than by acts by the Executive or representatives of the Executive in violation of this Agreement). After termination of the Executive's employment with the Company, the Executive shall not, without the prior written consent of the Company or as may otherwise be required by law or legal process, communicate or divulge any such information, knowledge or data to anyone other than the Company and those designated by it. Except as expressly provided in Section 9(c), in no event shall an asserted violation of the provisions of this Section 9 constitute a basis for deferring or withholding any amounts otherwise payable to the Executive under this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Wells Fargo & Co/Mn), Employment Agreement (Norwest Corp), Employment Agreement (Norwest Corp)

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Confidential Information Noncompetition. (a) The Executive shall hold in a fiduciary capacity for the benefit of the Company all secret or confidential information, knowledge or data relating to the Company or any of its affiliated companies, and their respective businesses, which shall have been obtained by the Executive during the Executive's employment by the Company or any of its affiliated companies and which shall not be or become public knowledge (other than by acts by the Executive or representatives of the Executive in violation of this Agreement). After termination of the Executive's employment with the Company, the Executive shall not, without the prior written consent of the Company or as may otherwise be required by law or legal process, communicate or divulge any such information, knowledge or data to anyone other than the Company and those designated by it. Except as expressly provided in Section 9(c), in In no event shall an asserted violation of the provisions of this Section 9 constitute a basis for deferring or withholding any amounts otherwise payable to the Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Firstar Corp /Wi/)

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Confidential Information Noncompetition. (a) The Executive shall hold in a fiduciary capacity for the benefit of the Company all secret or confidential information, knowledge or data relating to the Company or any of its affiliated companies, companies and their respective businesses, which shall have been obtained by businesses that the Executive obtains during the Executive's employment by the Company or any of its affiliated companies and which shall that is not be or become public knowledge (other than by acts by the Executive or representatives as a result of the Executive in Executive's violation of this AgreementSection 8(a)) ("Confidential Information"). After termination of The Executive shall not communicate, divulge or disseminate Confidential Information at any time during or after the Executive's employment with the Company, the Executive shall not, without except with the prior written consent of the Company or as may otherwise be required by law or legal process, communicate or divulge any such information, knowledge or data to anyone other than the Company and those designated by it. Except as expressly provided in Section 9(c), in In no event shall an asserted violation of the provisions of this Section 9 8(a) constitute a basis for deferring or withholding any amounts otherwise payable to the Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (United Asset Management Corp)

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