Common use of Mandatory Disclosure Clause in Contracts

Mandatory Disclosure. In the event Executive is requested or compelled by court order, decree, subpoena or other process or requirement of law to disclose Confidential Information or Third Party Information, Executive shall to the extent permissible and practicable under the circumstances provide reasonably prompt written notice (unless such notice is prohibited by law) to the Company of any such requirement so that the Company (or its applicable Affiliates) may, at its option and expense, seek a protective order or other appropriate remedy. Executive agrees to cooperate with the Company and its Affiliates in any such proceeding, at the expense of the Company, provided that the foregoing shall not be construed to require Executive to undertake litigation or other legal proceedings on its own behalf. In the event that such protective order or other remedy is not obtained, Executive agrees to furnish only that portion of the confidential information which Executive is advised by Executive’s own counsel should be disclosed and, at the Company’s expense, to use reasonable efforts to obtain assurance that confidential treatment will be accorded the information.

Appears in 5 contracts

Samples: Employment Agreement (Twinlab Consolidated Holdings, Inc.), Employment Agreement (Twinlab Consolidated Holdings, Inc.), Employment Agreement (Twinlab Consolidated Holdings, Inc.)

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Mandatory Disclosure. In the event Executive is requested or compelled by court order, decree, subpoena or other process or requirement of law to disclose Confidential Information or Third Party Information, Executive shall to the extent permissible and practicable under the circumstances provide reasonably prompt written notice (unless such notice is prohibited by law) to the Company of any such requirement so that the Company (or its applicable Affiliates) may, at its option and expense, seek a protective order or other appropriate remedy. Executive agrees to cooperate with the Company and its Affiliates in any such proceeding, at the expense of the Company, provided that the foregoing shall not be construed to require Executive to undertake litigation or other legal proceedings on its own behalf. behalf In the event that such protective order or other remedy is not obtained, Executive agrees to furnish only that portion of the confidential information which Executive is advised by Executive’s own counsel should be disclosed and, at the Company’s expense, to use reasonable efforts to obtain assurance that confidential treatment will be accorded the information.

Appears in 1 contract

Samples: Executive Employment Agreement (Avadim Health, Inc.)

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Mandatory Disclosure. In the event Executive is requested or compelled by court order, decree, subpoena or other process or requirement of law to disclose Confidential Information or Third Party Information, Information Executive shall to the extent permissible and practicable under the circumstances provide reasonably prompt written notice (unless such notice is prohibited by law) to the Company of any such requirement so that the Company (or its applicable Affiliates) may, at its option and expense, seek a protective order or other appropriate remedy. Executive agrees to cooperate with the Company and its Affiliates in any such proceeding, at the expense of the Company, provided that the foregoing shall not be construed to require Executive to undertake litigation or other legal proceedings on its own behalf. In the event that such protective order or other remedy is not obtained, Executive agrees to furnish only that portion of the confidential information which Executive is advised by Executive’s own counsel should be disclosed and, (provided at the Company’s expense, ) should be disclosed and to use reasonable efforts to obtain assurance that confidential treatment will be accorded the information.

Appears in 1 contract

Samples: Employment Agreement (Twinlab Consolidated Holdings, Inc.)

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