Common use of Confidential Information; Unauthorized Disclosure Clause in Contracts

Confidential Information; Unauthorized Disclosure. (a) During the Term and for the period ending two (2) years following the Date of Termination, the Executive shall not, without the written consent of the Board of Directors of the Company or a person authorized thereby, disclose to any person, other than an employee of the Company or a person to whom disclosure is reasonably necessary or appropriate in connection with the performance by the Executive of his duties as the Executive Vice President and General Counsel of the Company, any secret, confidential and/or proprietary information, knowledge or data obtained by him while in the employ of the Company or any of its affiliates with respect to the Company or any of its subsidiaries and their respective businesses, the disclosure of which he knows or should know will be damaging to the Company or any of its subsidiaries; provided however, that such information, knowledge or data shall not include (i) any information, knowledge or data known generally to the public (other than as a result of unauthorized disclosure by the Executive) or (ii) any information, knowledge or data which the Executive may be required to disclose by any applicable law, order, or judicial or administrative proceeding. (b) The Executive acknowledges that money damages would not be sufficient remedy for any breach of this paragraph 12 by the Executive, and the Company or its subsidiaries shall be entitled to enforce the provisions of this paragraph 12 by seeking specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this paragraph 12 but shall be in addition to all remedies available at law or in equity, including the recovery of damages from the Executive and his agents.

Appears in 2 contracts

Samples: Employment Agreement (Global Partners Lp), Employment Agreement (Global Partners Lp)

AutoNDA by SimpleDocs

Confidential Information; Unauthorized Disclosure. (a) During the Term and for the period ending two (2) years following the Date of Termination, the Executive shall not, without the written consent of the Board of Directors of the Company or a person authorized thereby, disclose to any person, other than an employee of the Company or a person to whom disclosure is reasonably necessary or appropriate in connection with the performance by the Executive of his duties as the Executive Vice President and General Counsel Chief Executive Officer of the Company, any secret, confidential and/or proprietary information, knowledge or data obtained by him while in the employ of the Company or any of its affiliates with respect to the Company or any of its subsidiaries and their respective businesses, the disclosure of which he knows or should know will be damaging to the Company or any of its subsidiaries; provided however, that such information, knowledge or data shall not include (i) any information, knowledge or data known generally to the public (other than as a result of unauthorized disclosure by the Executive) or (ii) any information, knowledge or data which the Executive may be required to disclose by any applicable law, order, or judicial or administrative proceeding. (b) The Executive acknowledges that money damages would not be sufficient remedy for any breach of this paragraph 12 11 by the Executive, and the Company or its subsidiaries shall be entitled to enforce the provisions of this paragraph 12 11 by seeking specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this paragraph 12 11 but shall be in addition to all remedies available at law or in equity, including the recovery of damages from the Executive and his agents.

Appears in 2 contracts

Samples: Employment Agreement (Global Partners LP), Employment Agreement (Global Partners LP)

Confidential Information; Unauthorized Disclosure. (a) During the Term and for the period ending two (2) years following the Date of Termination, the Executive shall not, without the written consent of the Board of Directors of the Company or a person authorized thereby, disclose to any person, other than an employee of the Company or a person to whom disclosure is reasonably necessary or appropriate in connection with the performance by the Executive of his duties as the Executive Vice President and General Counsel Chief Executive Officer of the Company, any secret, confidential and/or proprietary information, knowledge or data obtained by him while in the employ of the Company or any of its affiliates with respect to the Company or any of its subsidiaries and their respective businesses, the disclosure of which he knows or should know will be damaging to the Company or any of its subsidiaries; provided however, that such information, knowledge or data shall not include (i) any information, knowledge or data known generally to the public (other than as a result of unauthorized disclosure by the Executive) or (ii) any information, knowledge or data which the Executive may be required to disclose by any applicable law, order, or judicial or administrative proceeding. (b) The Executive acknowledges that money damages would not be sufficient remedy for any breach of this paragraph 12 Section 9 by the Executive, and the Company or its subsidiaries shall be entitled to enforce the provisions of this paragraph 12 Section 9 by seeking specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this paragraph 12 Section 9 but shall be in addition to all remedies available at law or in equity, including the recovery of damages from the Executive and his agents.

Appears in 1 contract

Samples: Employment Agreement (Global Partners Lp)

Confidential Information; Unauthorized Disclosure. (a) During the Term and for the period ending two (2) years following the Date of Termination, the Executive shall not, without the written consent of the Board of Directors of the Company or a person authorized thereby, disclose to any person, other than an employee of the Company or a person to whom disclosure is reasonably necessary or appropriate in connection with the performance by the Executive of his duties as the Executive Vice President and General Counsel of to the Company, any secret, confidential and/or proprietary information, knowledge or data obtained by him while in the employ of the Company or any of its affiliates with respect to the Company or any of its subsidiaries and their respective businesses, the disclosure of which he knows or should know will be damaging to the Company or any of its subsidiaries; provided however, that such information, knowledge or data shall not include (i) any information, knowledge or data known generally to the public (other than as a result of unauthorized disclosure by the Executive) or (ii) any information, knowledge or data which the Executive may be required to disclose by any applicable law, order, or judicial or administrative proceeding. (b) The Executive acknowledges that money damages would not be a sufficient remedy for any breach of this paragraph Section 12 by the Executive, and the Company or its subsidiaries shall be entitled to enforce the provisions of this paragraph Section 12 by seeking specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this paragraph Section 12 but shall be in addition to all remedies available at law or in equity, including the recovery of damages from the Executive and his agents.

Appears in 1 contract

Samples: Employment Agreement (Global Partners LP)

Confidential Information; Unauthorized Disclosure. (a) During the Term and for the period ending two (2) years following the Date of Termination, the Executive shall not, without the written consent of the Board of Directors of the Company or a person authorized thereby, disclose to any person, other than an employee of the Company or a person to whom disclosure is reasonably necessary or appropriate in connection with the performance by the Executive of his her duties as the Executive Vice President and General Counsel Chief Financial Officer of the Company, any secret, confidential and/or proprietary information, knowledge or data obtained by him her while in the employ of the Company or any of its affiliates with respect to the Company or any of its subsidiaries and their respective businesses, the disclosure of which he she knows or should know will be damaging to the Company or any of its subsidiaries; provided however, that such information, knowledge or data shall not include (i) any information, knowledge or data known generally to the public (other than as a result of unauthorized disclosure by the Executive) or (ii) any information, knowledge or data which the Executive may be required to disclose by any applicable law, order, or judicial or administrative proceeding. (b) The Executive acknowledges that money damages would not be sufficient remedy for any breach of this paragraph 12 by the Executive, and the Company or its subsidiaries shall be entitled to enforce the provisions of this paragraph 12 by seeking specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this paragraph 12 but shall be in addition to all remedies available at law or in equity, including the recovery of damages from the Executive and his her agents.

Appears in 1 contract

Samples: Employment Agreement (Global Partners Lp)

AutoNDA by SimpleDocs

Confidential Information; Unauthorized Disclosure. (a) During the Term and for the period ending two (2) years following the Date of Termination, the Executive shall not, without the written consent of the Board of Directors of the Company or a person authorized thereby, disclose to any person, other than an employee of the Company Company, the Partnership or its subsidiaries or a person to whom disclosure is reasonably necessary or appropriate in connection with the performance by the Executive of his duties as Executive Vice President and General Counsel of the Company including serving as the Executive Vice President and General Counsel of the CompanyPartnership, any secret, confidential and/or proprietary information, knowledge or data obtained by him while in the employ of the Company or any of its affiliates with respect to the Company Company, the Partnership or any of its subsidiaries and their respective businesses, the disclosure of which he knows or should know will be damaging to the Company Company, the Partnership or any of its subsidiaries; provided however, that such information, knowledge or data shall not include (i) any information, knowledge or data known generally to the public (other than as a result of unauthorized disclosure by the Executive) or (ii) any information, knowledge or data which the Executive may be required to disclose by any applicable law, order, or judicial or administrative proceeding. (b) The Executive acknowledges that money damages would not be a sufficient remedy for any breach of this paragraph 12 Section 9 by the Executive, and the Company Company, the Partnership or its subsidiaries shall be entitled to enforce the provisions of this paragraph 12 Section 9 by seeking specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this paragraph 12 Section 9 but shall be in addition to all remedies available at law or in equity, including the recovery of damages from the Executive and his agents. (c) Notwithstanding the foregoing, nothing herein (or in any other agreement between the Executive and the Company) shall prevent the Executive from lawfully, and without obtaining prior authorization from the Company: (i) initiating communications directly with, cooperating with, providing information to, causing information to be provided to, or otherwise assisting in an investigation by the U.S. Securities and Exchange Commission (the “SEC”) or any other governmental or regulatory agency, entity, or official(s) (collectively, “Governmental Authorities”) regarding a possible violation of any law; (ii) responding to any inquiry or legal process directed to an employee individually from any Governmental Authority; (iii) testifying, participating or otherwise assisting in an action or proceeding by any Governmental Authorities relating to a possible violation of law, including providing documents or other confidential information to Governmental Authorities; or (iv) receiving an award for information provided to the SEC or any other Governmental Authority. This Agreement shall not be construed or applied to require the Executive to obtain prior authorization from the Company before engaging in any of the foregoing conduct referenced in this Section 9(c), or to notify the Company of having engaged in any such conduct. Further, pursuant to the Defend Trade Secrets Act, the Executive shall not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that is: (A) made (x) in confidence to a federal, state or local government official, either directly or indirectly, or to an attorney, and (y) solely for the purpose of reporting or investigating a suspected violation of law; (B) made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal; or (C) protected under the whistleblower provisions of applicable law. In the event the Executive files a lawsuit for retaliation by the Company for the Executive’s reporting of a suspected violation of law, the Executive may (i) disclose a trade secret to the Executive’s attorney and (ii) use the trade secret information in the court proceeding related to such lawsuit, in each case, if the Executive (A) files any document containing such trade secret under seal; and (B) does not otherwise disclose such trade secret, except pursuant to court order.

Appears in 1 contract

Samples: Employment Agreement (Global Partners Lp)

Confidential Information; Unauthorized Disclosure. (a) During the Term and for the period ending two (2) years following the Date of Termination, the Executive shall not, without the written consent of the Board of Directors of the Company or a person authorized thereby, disclose to any person, other than an employee of the Company Company, the Partnership or its subsidiaries or a person to whom disclosure is reasonably necessary or appropriate in connection with the performance by the Executive of his duties as the Executive Vice President and General Counsel Chief Executive Officer of the CompanyCompany including serving as the President and Chief Executive Officer of the Partnership, any secret, confidential and/or proprietary information, knowledge or data obtained by him while in the employ of the Company or any of its affiliates with respect to the Company Company, the Partnership or any of its subsidiaries and their respective businesses, the disclosure of which he knows or should know will be damaging to the Company Company, the Partnership or any of its subsidiaries; provided however, that such information, knowledge or data shall not include (i) any information, knowledge or data known generally to the public (other than as a result of unauthorized disclosure by the Executive) or (ii) any information, knowledge or data which the Executive may be required to disclose by any applicable law, order, or judicial or administrative proceeding. (b) The Executive acknowledges that money damages would not be sufficient remedy for any breach of this paragraph 12 Section 9 by the Executive, and the Company or its subsidiaries shall be entitled to enforce the provisions of this paragraph 12 Section 9 by seeking specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this paragraph 12 Section 9 but shall be in addition to all remedies available at law or in equity, including the recovery of damages from the Executive and his agents.

Appears in 1 contract

Samples: Employment Agreement (Global Partners Lp)

Confidential Information; Unauthorized Disclosure. (a) During the Term and for the period ending two (2) years following the Date of Termination, the Executive shall not, without the written consent of the Board of Directors of the Company or a person authorized thereby, disclose to any person, other than an employee of the Company or a person to whom disclosure is reasonably necessary or appropriate in connection with the performance by the Executive of his duties as the Executive Vice President and General Counsel Chief Operating Officer of the Company, any secret, confidential and/or proprietary information, knowledge or data obtained by him while in the employ of the Company or any of its affiliates with respect to the Company or any of its subsidiaries and their respective businesses, the disclosure of which he knows or should know will be damaging to the Company or any of its subsidiaries; provided however, that such information, knowledge or data shall not include (i) any information, knowledge or data known generally to the public (other than as a result of unauthorized disclosure by the Executive) or (ii) any information, knowledge or data which the Executive may be required to disclose by any applicable law, order, or judicial or administrative proceeding. (b) The Executive acknowledges that money damages would not be sufficient remedy for any breach of this paragraph 12 by the Executive, and the Company or its subsidiaries shall be entitled to enforce the provisions of this paragraph 12 by seeking specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this paragraph 12 but shall be in addition to all remedies available at law or in equity, including the recovery of damages from the Executive and his agents.

Appears in 1 contract

Samples: Employment Agreement (Global Partners Lp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!