Common use of Confidentiality and Exclusivity Clause in Contracts

Confidentiality and Exclusivity. Executive agrees to maintain the confidentiality of the Company's (and its related entities and projects) books, records, financial information, technical information, business plans and/or strategies, and other confidential matters unless required to make disclosure in the performance of his duties for the Company or as a result of a legal proceeding or other legally mandated cause. In the event of termination without Good Reason by Executive, other than such a termination occurring during a Window Period, Executive will not for one year following termination act as an executive officer for any company that directly competes against the Company. The parties recognize and agree that should the Company be required to pursue a claim against Executive under this Section 9, the Company will likely be required to seek injunctive relief as well as damages at law. Accordingly, Section 11, Arbitration, will not apply to any action by the Company against Executive for violation of this Section 9. Executive agrees for purposes of any disputes arising under this Section 9 to submit to the exclusive jurisdiction of the federal and state courts in the Commonwealth of Massachusetts.

Confidentiality and Exclusivity. Executive agrees to maintain the confidentiality of the Company's (and its related entities and projects) books, records, financial information, technical information, business plans and/or strategies, and other confidential matters unless required to make disclosure in the performance of his duties for the Company or as a result of a legal proceeding or other legally mandated cause. In the event of termination without Good Reason by Executive, other than such a termination occurring during a Window Period, Executive will not for one year two years following termination act as an executive officer for executive-level employee with any company that directly competes against the Company. The parties recognize and agree that should the Company be required to pursue a claim against Executive under this Section 9, the Company will likely be required to seek injunctive relief as well as damages at law. Accordingly, Section 11, Arbitration, will not apply to any action by the Company against Executive for violation of this Section 9. Executive agrees for purposes of any disputes arising under this Section 9 to submit to the exclusive jurisdiction of the federal and state courts in the Commonwealth of Massachusetts.