Common use of Duty of Confidentiality Clause in Contracts

Duty of Confidentiality. Executive acknowledges that he will, as the result of services performed on behalf of the Bank, obtain or otherwise become aware of confidential and/or proprietary information regarding the Bank's affairs, including, but not limited to, information relative to (i) customers, customer accounts and customer lists, (ii) marketing, (iii) customer development strategies, (iv) financial and economic plans and projections, and (v) other similar information. Executive agrees that following termination of his employment for any reason, he will treat all such matters as confidential and will refrain both from divulging such information in any manner and from the use of such information for his benefit or for the benefit of any employer (regardless of whether such employer would constitute a Significant Competitor under this Agreement) or third-party.

Duty of Confidentiality. Executive acknowledges that he will, as the result of services performed on behalf of the BankBank and Company, obtain or otherwise become aware of confidential and/or proprietary information regarding the Bank's and Company's affairs, including, but not limited to, information relative to (i) customers, customer accounts and customer lists, (ii) marketing, (iii) customer development strategies, (iv) financial and economic plans and projections, and (v) other similar information. Executive agrees that following termination of his employment for any reason, he will treat all such matters as confidential and will refrain both from divulging such information in any manner and from the use of such information for his benefit or for the benefit of any employer (regardless of whether such employer would constitute a Significant Competitor under this Agreement) or third-party.