Common use of Fiduciary Responsibility Clause in Contracts

Fiduciary Responsibility. CTFS and Employee mutually agree and ------------------------ acknowledge that CTFS 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 incident of Employee's employment with CTFS, Employee shall bear a fiduciary responsibility to CTFS to protect such information from use or disclosure that is not necessary for the performance of Employee's duties hereunder.

Fiduciary Responsibility. CTFS and Employee mutually agree and ------------------------ ------------------------- acknowledge that CTFS 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 incident of Employee's employment with CTFS, Employee shall bear a fiduciary responsibility to CTFS to protect such information from use or disclosure that is not necessary for the performance of Employee's duties hereunder.

Fiduciary Responsibility. CTFS and Employee mutually agree and ------------------------ ------------------------- acknowledge that CTFS 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 incident element of Employee's employment with CTFS, Employee shall bear a fiduciary responsibility to CTFS to protect such information from use or disclosure that is not necessary for the performance of Employee's duties hereunder.