Common use of CONFIDENTIALITY AND LOYALTY Clause in Contracts

CONFIDENTIALITY AND LOYALTY. The Executive acknowledges that heretofore or hereafter during the course of his employment he has produced and may hereafter produce and have access to material, records, data, trade secrets and information not generally available to the public (collectively, “Confidential Information”) regarding the Employer and its subsidiaries and affiliates. Accordingly, during and subsequent to termination of this Agreement, the Executive shall hold in confidence and not directly or indirectly disclose, use, copy or make lists of any such Confidential Information, except to the extent that such information is or thereafter becomes lawfully available from public sources, or such disclosure is authorized in writing by the Employer, required by a law or any competent administrative agency or judicial authority, or otherwise as reasonably necessary or appropriate in connection with performance by the Executive of his duties hereunder. All records, files, documents and other materials or copies thereof relating to the Employer’s business which the Executive shall prepare or use, shall be and remain the sole property of the Employer, shall not be removed from the Employer’s premises without its written consent, and shall be promptly returned to the Employer upon termination of the Executive’s employment hereunder. The Executive agrees to abide by the Employer’s reasonable policies, as in effect from time to time, respecting avoidance of interests conflicting with those of the Employer. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of being relieved of all further obligations under this Agreement and of any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Appears in 12 contracts

Samples: Employment Agreement (West Suburban Bancorp Inc), Employment Agreement (West Suburban Bancorp Inc), Employment Agreement (West Suburban Bancorp Inc)

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CONFIDENTIALITY AND LOYALTY. The Executive acknowledges that heretofore or hereafter during the course of his employment he has produced and may hereafter produce and have access to material, records, data, trade secrets and information not generally available to the public (collectively, “Confidential Information”) regarding the Employer and its subsidiaries and affiliatesaffiliates (collectively, "CONFIDENTIAL INFORMATION"). Accordingly, during and subsequent to termination of this Agreement, the Executive shall agrees to hold in confidence and not directly or indirectly disclose, use, copy or make lists of any such Confidential Information, except to the extent that such information is or thereafter becomes lawfully available from public sources, or such disclosure is authorized in writing by the Employer, required by a law or any competent administrative agency or judicial authority, or otherwise as reasonably necessary or appropriate in connection with performance by the Executive of his duties hereunder. All records, files, documents and other materials or copies thereof relating to the Employer’s business which the respective businesses of Employer and its subsidiaries and affiliates that Executive shall prepare or use, shall be and remain the sole property of the Employer, and other than in connection with performance by Executive of his duties hereunder, shall not be removed from the premises of Employer or any of its subsidiaries or affiliates without Employer’s premises without its 's written consent, and shall be promptly returned to the Employer upon termination of the Executive’s 's employment hereunder. The Executive agrees to abide by the Employer’s 's reasonable policies, as in effect from time to time, respecting avoidance of interests conflicting with those of the EmployerEmployer and its subsidiaries and affiliates. In the event For purposes of this Agreement, an affiliate of Employer shall mean any violation corporation, partnership, bank, association, limited liability company, trust or threatened violation of these restrictions, the Employer, in addition to and not in limitation of being relieved of all further obligations under this Agreement and of any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Executive and any and all persons business entity directly or indirectly acting for controlling, controlled by, or under common control with him, as the case may beEmployer.

Appears in 5 contracts

Samples: Employment Agreement (Landmark Merger Co), Employment Agreement (Landmark Merger Co), Employment Agreement (Landmark Merger Co)

CONFIDENTIALITY AND LOYALTY. The Executive acknowledges that heretofore or hereafter during the course of his employment he has produced and may hereafter produce and have access to material, records, data, trade secrets and information not generally available to the public (collectively, "Confidential Information") regarding the Employer and its subsidiaries and affiliates. Accordingly, during and subsequent to termination of this Agreement, the Executive shall hold in confidence and not directly or indirectly disclose, use, copy or make lists of any such Confidential Information, except to the extent that such information is or thereafter becomes lawfully available from public sources, or such disclosure is authorized in writing by the Employer, required by a law or any competent administrative agency or judicial authority, or otherwise as reasonably necessary or appropriate in connection with performance by the Executive of his duties hereunder. All records, files, documents and other materials or copies thereof relating to the Employer’s 's business which the Executive shall prepare or use, shall be and remain the sole property of the Employer, shall not be removed from the Employer’s 's premises without its written consent, and shall be promptly returned to the Employer upon termination of the Executive’s 's employment hereunder. The Executive agrees to abide by the Employer’s 's reasonable policies, as in effect from time to time, respecting avoidance of interests conflicting with those of the Employer. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of being relieved of all further obligations under this Agreement and of any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Appears in 4 contracts

Samples: Kevin J. Acker Employment Agreement (West Suburban Bancorp Inc), Employment Agreement (West Suburban Bancorp Inc), Keith W. Acker Employment Agreement (West Suburban Bancorp Inc)

CONFIDENTIALITY AND LOYALTY. The Executive acknowledges that heretofore or hereafter during the course of his employment he has produced and may hereafter produce and have access to material, records, data, trade secrets and information not generally available to the public (collectively, "Confidential Information") regarding the Employer and its subsidiaries and affiliates. Accordingly, during and subsequent to termination of this Agreement, the Executive shall hold in confidence and not directly or indirectly disclose, use, copy or make lists of any such Confidential Information, except to the extent that such information is or thereafter becomes lawfully available from public sources, or such disclosure is authorized in writing by the Employer, required by a law or any competent administrative agency or judicial authority, or otherwise as is reasonably necessary or appropriate in connection with the performance by the Executive of his duties hereunder. All records, files, documents and other materials or copies thereof relating to the Employer’s 's business which the Executive shall prepare or use, shall be and remain the sole property of the Employer, shall not be removed from the Employer’s 's premises without its written consent, and shall be promptly returned to the Employer upon termination of the Executive’s 's employment hereunder. The Executive agrees to abide by the Employer’s 's reasonable policies, as in effect from time to time, respecting avoidance of interests conflicting with those of the Employer. In Notwithstanding and in addition to the event foregoing, (i) the Executive will not be in breach of this Section 3 as a result of the use of any violation or threatened violation Confidential Information regarding the Employer if such Confidential Information also relates to and constitutes confidential information of these restrictionsLINC Finance and is used solely in connection with the operations of LINC Finance, as such operations are described on Exhibit A hereto, and such use does not adversely affect the Employer, and (ii) the Executive will not be in addition to breach of this Section 3 as a result of the use of, and the Confidential Information shall not in limitation of being relieved of all further obligations under this Agreement and of include, any other rights, remedies or damages information that is generally available to persons in, and regarding and/or pertaining to, the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary asset based financing and permanent injunctive relief to prevent or restrain any such violation by the Executive and any and all persons directly or indirectly acting for or with him, as the case may beleasing industry.

Appears in 2 contracts

Samples: Employment Agreement (Linc Group Inc), Zimmerman Employment Agreement (Linc Group Inc)

CONFIDENTIALITY AND LOYALTY. The Covered Executive acknowledges that heretofore or hereafter during the course of his the Covered Executive’s employment he the Covered Executive has produced and received, and may hereafter produce produce, receive and otherwise have access to materialvarious materials, records, data, trade secrets and information not generally available to the public (collectively, “Confidential Information”) regarding the Employer and its subsidiaries and affiliates. Accordingly, during and subsequent to termination of this Agreementthe Covered Executive’s employment with the Employer, the Covered Executive shall hold in confidence and not directly or indirectly disclose, use, copy or make lists of any such Confidential Information, except to the extent that such information is or thereafter becomes lawfully available from public sources, or such disclosure is authorized in writing by the Employer, required by a law or by any competent administrative agency or judicial authority, or otherwise as reasonably necessary or appropriate in connection with the performance by the Covered Executive of his the Covered Executive’s duties hereunder. All records, files, documents documents, computer diskettes, computer programs and other computer-generated material, as well as all other materials or copies thereof relating to the business of the Employer’s business , which the Covered Executive shall prepare or use, shall be and remain the sole property of the Employer, shall not be removed from the Employer’s premises without its written consent, and shall be promptly returned to the Employer upon termination of the Covered Executive’s employment hereunderemployment. The Covered Executive agrees to abide by the reasonable policies of the Employer’s reasonable policies, as in effect from time to time, respecting confidentiality and the avoidance of interests conflicting with those of the Employer. In Notwithstanding anything herein to the event of contrary, nothing in this Exhibit B or the Plan shall be interpreted or applied to prohibit the Covered Executive from making any violation good faith report to any governmental agency or threatened other governmental entity concerning any acts or omissions that the Covered Executive may believe to constitute a possible violation of these restrictions, the Employer, in addition to and not in limitation of being relieved of all further obligations under this Agreement and of any other rights, remedies federal or damages available to the Employer under this Agreement or otherwise at state law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent making other disclosures that are protected under the whistleblower provisions of applicable federal or restrain any such violation by the Executive and any and all persons directly state law or indirectly acting for or with him, as the case may beregulation.

Appears in 1 contract

Samples: Letter Agreement (Corporate Office Properties, L.P.)

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CONFIDENTIALITY AND LOYALTY. The Executive Employee acknowledges that heretofore or hereafter during the course of his employment he has produced and may hereafter will produce and have access to material, records, data, trade secrets and information not generally available to the public (collectively, "Confidential Information") regarding the Employer and its any subsidiaries and affiliates. Accordingly, during and subsequent to termination of this Agreement, the Executive Employee shall hold in confidence and not directly or indirectly disclose, use, copy or make lists of any such Confidential Information, except to the extent that such information is or thereafter becomes lawfully available from public sources, or such disclosure is authorized in writing by the Employer, required by a law or any competent administrative agency or judicial authority, or otherwise as reasonably necessary or appropriate in connection with performance by the Executive Employee of his duties hereunder. All records, files, documents and other materials or copies thereof relating to the Employer’s 's business which the Executive Employee shall prepare or use, shall be and remain the sole property of the Employer, shall not be removed from the Employer’s 's premises without its written consent, and shall be promptly returned to the Employer upon termination of the Executive’s Employee's employment hereunder. The Executive Employee agrees to abide by the Employer’s 's reasonable policies, as in effect from time to time, respecting avoidance of interests conflicting with those of the Employer. In The parties acknowledge that the event Employee has substantial experience and background in the credit card business, and nothing herein shall act to treat or consider that background and experience as "Confidential Information" within the meaning of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of being relieved of all further obligations under this Agreement and of any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Executive and any and all persons directly or indirectly acting for or with him, as the case may beAgreement.

Appears in 1 contract

Samples: Employment Agreement (Quad City Holdings Inc)

CONFIDENTIALITY AND LOYALTY. The Executive acknowledges that heretofore or hereafter during the course of his employment he has produced and may hereafter produce and have access to material, records, data, trade secrets and information not generally available to the public (collectively, "Confidential Information") regarding the Employer and its subsidiaries and affiliates. Accordingly, during and subsequent to termination of this Agreement, the Executive shall hold in confidence and not directly or indirectly disclose, use, copy or make lists of any such Confidential Information, except to the extent that such information is or thereafter becomes lawfully available from public sources, or such disclosure is authorized in writing by the Employer, required by a law or any competent administrative agency or judicial authority, or otherwise as reasonably necessary or appropriate in connection with performance by the Executive of his duties hereunder. The Executive must provide written notice, within seven (7) days of receipt, to the Employer of any request by an administrative agency or judicial authority to provide Confidential Information. All records, files, documents and other materials or copies thereof relating to the Employer’s 's business which the Executive shall prepare or use, shall be and remain the sole property of the Employer, shall not be removed from the Employer’s 's premises without its written consent, and shall be promptly returned to the Employer upon termination of the Executive’s 's employment hereunder. The Executive agrees to abide by the Employer’s 's reasonable policies, as in effect from time to time, respecting avoidance of interests conflicting with those of the Employer. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of being relieved of all further obligations under this Agreement and of any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Appears in 1 contract

Samples: Employment Agreement (Fairmount Chemical Co Inc)

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