Common use of No Disclosure Duty Clause in Contracts

No Disclosure Duty. The Recipient and the Company acknowledge and agree that the Company and its directors, officers or employees shall have no duty or obligation to disclose to the Recipient any material information regarding the business of the Company or affecting the value of the Award Shares.

Appears in 18 contracts

Samples: Restricted Stock Award Agreement (Sila Realty Trust, Inc.), Restricted Stock Award Agreement (Sila Realty Trust, Inc.), Restricted Stock Award Agreement (Sila Realty Trust, Inc.)

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No Disclosure Duty. The Recipient and the Company acknowledge and agree that the Company and its directors, officers or employees shall have no duty or obligation to disclose to the Recipient any material non-public information regarding the business of the Company or affecting the value of the Award Shares.

Appears in 7 contracts

Samples: Employment Agreement (Lodgian Inc), Executive Employment Agreement (Lodgian Inc), Employment Agreement (Lodgian Inc)

No Disclosure Duty. The Recipient and the Company acknowledge and agree that neither the Company and nor its directors, officers or employees shall have no any duty or obligation to disclose to the Recipient any material information regarding the business of the Company or affecting the value of the Award Shares, other than as required under the law with respect to the Company's duty to its other shareholders.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Lodgian Inc), Restricted Stock Award Agreement (Lodgian Inc)

No Disclosure Duty. The Recipient Participant and the Company acknowledge and agree that the Company and its directors, managers, officers or employees shall have no duty or obligation to disclose to the Recipient Participant any material information regarding the business of the Company or affecting the value of the Award SharesUnits.

Appears in 2 contracts

Samples: Restricted Unit Award Agreement, Restricted Unit Award Agreement (Icg Group, Inc.)

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No Disclosure Duty. The Recipient and the Company acknowledge and agree that neither the Company and nor its directors, officers or employees shall have no any duty or obligation to disclose to the Recipient any material information regarding the business of the Company or affecting the value of the Award Shares, other than as required under the law with respect to the Company’s duty to its other shareholders.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Lodgian Inc)

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