Common use of Confidentiality; Return of Property Clause in Contracts

Confidentiality; Return of Property. Executive has obtained and may obtain confidential information concerning the business, operations, financial affairs, organizational and personnel matters, policies, procedures and other non-public matters of Corporation and its Affiliates, and those of third-parties that is not generally disclosed to persons not employed by Corporation or its subsidiaries. Such information (referred to herein as the “Confidential Information”) may have been or may be provided in written form or orally. Executive shall not disclose to any other person the Confidential Information at any time during or after termination of the Employment, except that during the Employment Executive may use and disclose Confidential Information as reasonably required by the Employment. Upon termination of the Employment, Executive will deliver to the Corporation any and all property owned or leased by the Corporation or any Affiliate and any and all Confidential Information (in whatever form) including without limitation all customer lists and information, financial information, business notes, business plans, documents, keys, credit cards and other Corporation-provided equipment. Executive’s commitments in this Section will continue in effect after termination of the Employment and after termination of this Agreement. The parties agree that any breach of Executive’s covenants in this Section would cause the Corporation irreparable harm, and that injunctive relief would be appropriate.

Appears in 10 contracts

Samples: Employment Agreement (Choiceone Financial Services Inc), Employment Agreement (Choiceone Financial Services Inc), Employment Agreement (Chemical Financial Corp)

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Confidentiality; Return of Property. Executive has obtained and may obtain confidential information concerning the business, operations, financial affairs, organizational and personnel matters, policies, procedures and other non-public matters of Corporation and its Affiliates, and those of third-parties that is not generally disclosed to persons not employed by Corporation or its subsidiaries. Such information (referred to herein as the "Confidential Information") may have been or may be provided in written form or orally. Executive shall not disclose to any other person the Confidential Information at any time during or after termination of the Employment, except that during the Employment Executive may use and disclose Confidential Information as reasonably required by the Employment. Upon termination of the Employment, Executive will deliver to the Corporation any and all property owned or leased by the Corporation or any Affiliate and any and all Confidential Information (in whatever form) including without limitation all customer lists and information, financial information, business notes, business plans, documents, keys, credit cards and other Corporation-provided equipment. Executive’s 's commitments in this Section will continue in effect after termination of the Employment and after termination of this Agreement. The parties agree that any breach of Executive’s 's covenants in this Section would cause the Corporation irreparable harm, and that injunctive relief would be appropriate.

Appears in 7 contracts

Samples: Employment Agreement (Southern Michigan Bancorp Inc), Employment Agreement (Southern Michigan Bancorp Inc), Employment Agreement (Southern Michigan Bancorp Inc)

Confidentiality; Return of Property. Executive has obtained and may obtain confidential information concerning the business, operations, financial affairs, organizational and personnel matters, policies, procedures and other non-public matters of Corporation and its Affiliatesthe Corporation, and those of third-parties that related to their transaction of business with the Corporation, which information is not generally disclosed to persons not employed by Corporation or its subsidiariesthe Corporation. Such information (referred to herein as the “Confidential Information”) may have been or may be provided in written form or orally. Executive shall not disclose to any other person the Confidential Information at any time during or after termination of the Employmentemployment, except that during the Employment employment Executive may use and disclose Confidential Information as reasonably required by the EmploymentExecutive’s employment. Upon termination of the Employmentemployment, Executive will deliver to the Corporation any and all property owned or leased by the Corporation or any Affiliate and any and all Confidential Information (in whatever form) including without limitation all customer lists and information, financial information, business notes, business plans, documents, keys, credit cards cards, computers and other Corporation-provided equipment. Executive’s commitments in this Section will continue in effect after termination of the Employment employment and after termination of this Agreement. The parties agree that any breach of Executive’s covenants in this Section would cause the Corporation irreparable harm, and that injunctive relief would be appropriate.

Appears in 5 contracts

Samples: Change in Control Agreement (Macatawa Bank Corp), Change in Control Agreement (Macatawa Bank Corp), Change in Control Agreement (Macatawa Bank Corp)

Confidentiality; Return of Property. Executive has obtained and may obtain confidential information concerning the business, operations, financial affairs, organizational and personnel matters, policies, procedures and other non-public matters of Corporation and its Affiliatesthe Corporation, and those of third-parties that related to their transaction of business with the Corporation, which information is not generally disclosed to persons not employed by Corporation or its subsidiariesthe Corporation. Such information (referred to herein as the "Confidential Information") may have been or may be provided in written form or orally. Executive shall not disclose to any other person the Confidential Information at any time during or after termination of the Employmentemployment, except that during the Employment employment Executive may use and disclose Confidential Information as reasonably required by the EmploymentExecutive's employment. Upon termination of the Employmentemployment, Executive will deliver to the Corporation any and all property owned or leased by the Corporation or any Affiliate and any and all Confidential Information (in whatever form) including without limitation all customer lists and information, financial information, business notes, business plans, documents, keys, credit cards cards, computers and other Corporation-provided equipment. Executive’s 's commitments in this Section will continue in effect after termination of the Employment employment and after termination of this Agreement. The parties agree that any breach of Executive’s 's covenants in this Section would cause the Corporation irreparable harm, and that injunctive relief would be appropriate.

Appears in 1 contract

Samples: Change in Control Agreement (Macatawa Bank Corp)

Confidentiality; Return of Property. Executive has obtained and may obtain confidential information concerning the business, operations, financial affairs, organizational and personnel matters, policies, procedures and other non-public matters of Corporation and its Affiliates, and those of third-third parties that is not generally disclosed to persons not employed by Corporation or its subsidiaries. Such information (referred to herein as the "Confidential Information") may have been or may be provided in written form or orally. Executive shall not disclose to any other person the Confidential Information at any time during or after termination of the Employment, except that during the Employment Executive may use and disclose Confidential Information as reasonably required by the Employment. Upon termination of the Employment, Executive will deliver to the Corporation any and all property owned or leased by the Corporation or any Affiliate and any and all Confidential Information (in whatever form) including without limitation all customer lists and information, financial information, business notes, business plans, documents, keys, credit cards and other Corporation-provided equipment. Executive’s 's commitments in this Section will continue in effect after termination of the Employment and after termination of this Agreement. The parties agree that any breach of Executive’s 's covenants in this Section would cause the Corporation irreparable harm, and that injunctive relief would be appropriate.

Appears in 1 contract

Samples: Retention Agreement (Southern Michigan Bancorp Inc)

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Confidentiality; Return of Property. Executive has obtained and may obtain confidential information concerning the business, operations, financial affairs, organizational and personnel matters, policies, procedures and other non-public matters of Corporation and its Affiliates, and those of third-parties that is not generally disclosed to persons not employed by Corporation or its subsidiaries. Such information (referred to herein as the "Confidential Information") may have been or may be provided in written form or orally. Executive shall not disclose to any other person the Confidential Information at any time -9- during or after termination of the Employment, except that during the Employment Executive may use and disclose Confidential Information as reasonably required by the Employment. Upon termination of the Employment, Executive will deliver to the Corporation any and all property owned or leased by the Corporation or any Affiliate and any and all Confidential Information (in whatever form) including without limitation all customer lists and information, financial information, business notes, business plans, documents, keys, credit cards and other Corporation-provided equipment. Executive’s 's commitments in this Section will continue in effect after termination of the Employment and after termination of this Agreement. The parties agree that any breach of Executive’s 's covenants in this Section would cause the Corporation irreparable harm, and that injunctive relief would be appropriate.

Appears in 1 contract

Samples: Employment Agreement (Southern Michigan Bancorp Inc)

Confidentiality; Return of Property. Executive has obtained and may obtain confidential information concerning the business, operations, financial affairs, organizational and personnel matters, policies, procedures and other non-public matters of Corporation and its Affiliatesthe Corporation, and those of third-parties that related to their transaction of business with the Corporation, which information is not generally disclosed to persons not employed by Corporation or its subsidiariesthe Corporation. Such information (referred to herein as the “Confidential Information”) may have been or may be provided in written form or orally. Executive shall not disclose to any other person the Confidential Information at any time during or after termination of the Employmentemployment, except that during the Employment employment Executive may use and disclose Confidential Information as reasonably required by the EmploymentExecutive’s employment. Upon termination of the Employmentemployment, Executive will deliver to the Corporation any and all property owned or leased by the Corporation or any Affiliate and any and all Confidential Information (in whatever form) including without limitation all customer lists and information, financial information, business notes, business plans, documents, keys, credit cards cards, computers, mobile phones, tablets and other Corporation-provided equipment. Executive’s commitments in this Section will continue in effect after termination of the Employment employment and after termination of this Agreement. The parties agree that any breach of Executive’s covenants in this Section would cause the Corporation irreparable harm, and that injunctive relief would be appropriate.

Appears in 1 contract

Samples: Change in Control Agreement (Choiceone Financial Services Inc)

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