Common use of Loyalty Clause in Contracts

Loyalty. The Officer shall devote his full efforts and entire business ------- time to the performance of his duties and responsibilities under this Agreement. The Officer agrees that he will hold in confidence all knowledge or information of a confidential nature with respect to the respective businesses of the Holding Company, the Savings Bank or of their subsidiaries, if any, received by him during the term of this Agreement and will not disclose or make use of such information, except in the ordinary course of his duties under this Agreement, without the prior written consent of the Holding Company or the Savings Bank.

Appears in 7 contracts

Samples: Employment Agreement (Scotland Bancorp Inc), Employment Agreement (Century Bancorp Inc /Nc), Employment Agreement (Carolina Fincorp Inc)

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Loyalty. The Officer shall devote his full efforts and entire ------- business ------- time to the performance of his duties and responsibilities under this Agreement. The Officer agrees that he will hold in confidence all knowledge or information of a confidential nature with respect to the respective businesses of the Holding Company, the Savings Bank or of their subsidiaries, if any, received by him during the term of this Agreement and will not disclose or make use of such information, except in the ordinary course of his duties under this Agreement, information without the prior written consent of the Holding Company or the Savings Bank.

Appears in 5 contracts

Samples: Employment Agreement (Coddle Creek Financial Corp), Employment Agreement (Coddle Creek Financial Corp), Employment Agreement (Coddle Creek Financial Corp)

Loyalty. The Officer shall devote his full efforts and entire ------- business ------- time to the performance of his duties and responsibilities under this Agreement. The Officer agrees that he will hold in confidence all knowledge or information of a confidential nature with respect to the respective businesses of the Holding Company, the Savings Bank or of their subsidiaries, if any, received by him during the term of this Agreement and will not disclose or make use of such information, except in the ordinary course of his duties under this Agreement, without the prior written consent of the Holding Company or the Savings Bank.

Appears in 4 contracts

Samples: Employment Agreement (First Community Financial Corp /Nc/), Employment Agreement (Anson Bancorp Inc), Employment Agreement (Anson Bancorp Inc)

Loyalty. The Officer shall devote his full efforts and entire business ------- time to the performance of his duties and responsibilities under this Agreement. The Officer agrees that he will hold in confidence all knowledge or information of a confidential nature with respect to the respective businesses of the Holding Company, the Savings Bank or of their subsidiaries, if any, received by him during the term of this Agreement and will not disclose or make use of such information, except in the ordinary course of his duties under this Agreement, without the prior written consent of the Holding Company or the Savings Bank.

Appears in 3 contracts

Samples: Employment Agreement (Piedmont Bancorp Inc), Employment Agreement (Piedmont Bancorp Inc), Employment Agreement (Piedmont Bancorp Inc)

Loyalty. The Officer shall devote his full efforts and entire business ------- time to the performance of his duties and responsibilities under this Agreement. The Officer agrees that he will hold in confidence all knowledge or information of a confidential nature with respect to the respective businesses of the Holding Company, the Savings Bank or of their subsidiaries, if any, received by him during the term of this Agreement and will not disclose or make use of such information, except in the ordinary course of his duties under this Agreement, information without the prior written consent of the Holding Company or the Savings Bank.

Appears in 3 contracts

Samples: Employment Agreement (Coddle Creek Financial Corp), Employment Agreement (Coddle Creek Financial Corp), Employment Agreement (Coddle Creek Financial Corp)

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Loyalty. The Officer shall devote his full efforts and entire business ------- time to the performance of his duties and responsibilities under this Agreement. The Officer agrees that he will hold in confidence all knowledge or information of a confidential nature with respect to the respective businesses of the Holding Company, the Savings Bank or of their subsidiaries, if any, received by him during the term of this Agreement and will not disclose or make use of such information, except in the ordinary course of his duties under this Agreement, information without the prior written consent of the Holding Company or the Savings Bank.

Appears in 2 contracts

Samples: Employment Agreement (Ks Bancorp Inc), Employment Agreement (Ks Bancorp Inc)

Loyalty. (a) The Officer shall devote his full efforts and entire business ------- time to the performance of his duties and responsibilities under this Agreement. . (b) The Officer agrees that he will hold in confidence all knowledge or information of a confidential nature with respect to the respective businesses of the Holding Company, the Savings Bank or of their subsidiaries, if any, received by him during the term of this Agreement and will not disclose or make use of such information, except in the ordinary course of his duties under this Agreement, information without the prior written consent of the Holding Company or the Savings Bank.

Appears in 2 contracts

Samples: Employment Agreement (Innes Street Financial Corp), Employment Agreement (Innes Street Financial Corp)

Loyalty. The Officer shall devote his full sufficient efforts and entire business ------- time to the performance of his duties and responsibilities under this AgreementAgreement to ensure that such duties are faithfully and timely performed. The Officer agrees that he will hold in confidence all knowledge or information of a confidential nature with respect to the respective businesses of the Holding Company, the Savings Bank or of their subsidiariesand Centura, if any, received by him during the term of this Agreement and will not disclose or make use of such information, except in the ordinary course of his duties under this Agreement, without the prior written consent of the Holding Company Bank or the Savings BankCentura.

Appears in 1 contract

Samples: Merger Agreement (Scotland Bancorp Inc)

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