Common use of Fiduciary Responsibility Clause in Contracts

Fiduciary Responsibility. UCB and the Bank and Employee mutually ------------------------ agree and acknowledge that UCB and the Bank may entrust Employee with highly sensitive confidential, restricted and proprietary information concerning various "Business Opportunities" (hereinafter defined), customer lists, and personnel matters. Employee acknowledges that, as an essential element of Employee's employment with UCB and the Bank, Employee shall have a fiduciary responsibility to UCB and the Bank to protect such information from use or disclosure that is not necessary for the performance of Employee's duties hereunder.

Fiduciary Responsibility. UCB and UCB, the Bank and Employee mutually ------------------------ agree and ------------------------ acknowledge that UCB and the Bank (and their subsidiaries and affiliates) may entrust Employee with highly sensitive confidential, restricted and proprietary information concerning various "Business Opportunities" (hereinafter defined), customer lists, and personnel matters. Employee acknowledges that, as an essential element incident of Employee's employment with UCB and the Bank, Employee shall have a fiduciary responsibility to UCB and the Bank to protect such information from use or disclosure that is not necessary for the performance of Employee's duties hereunder.