Common use of Obligation to Maintain Confidentiality Clause in Contracts

Obligation to Maintain Confidentiality. Executive acknowledges that, by reason of Executive’s employment by the Employer, the Executive will have access to confidential information (collectively, “Confidential Information”) of the Company and the other QTS Companies. Executive acknowledges that such Confidential Information is a valuable and unique asset of the QTS Companies and covenants that, both during and after the Term, Executive shall not disclose any Confidential Information to any individual, firm, corporation, partnership, company, limited liability company, trust, joint venture, association or other entity (“Person”) (except as Executive’s duties as a manager, officer or employee of the Company, the Operating Partnership, the Employer or any related entity require) without the prior written authorization of the CEO of the Company. The obligation of confidentiality imposed by this Section 5.1 shall not apply to Confidential Information that otherwise becomes known to the public through no act of Executive in breach of this Agreement or which is required to be disclosed by court order, applicable law or regulatory requirements, nor shall it apply to Executive’s disclosure of Confidential Information to his attorneys and advisors in connection with a dispute between Executive and a QTS Company.

Appears in 8 contracts

Samples: Employment Agreement (QTS Realty Trust, Inc.), Employment Agreement (QualityTech, LP), Employment Agreement (QualityTech, LP)

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Obligation to Maintain Confidentiality. Executive acknowledges that, by reason of Executive’s employment by the EmployerQTS LLC, the Executive will have access to confidential information (collectively, “Confidential Information”) of QTS LLC, the Company and their respective subsidiaries and affiliates (collectively, the other QTS “Quality Companies”). Executive acknowledges that such Confidential Information is a valuable and unique asset of the QTS Quality Companies and covenants that, both during and after the Term, Executive shall not disclose any Confidential Information to any individual, firm, corporation, partnership, company, limited liability company, trust, joint venture, association or other entity (“Person”) (except as Executive’s duties as a manager, officer or employee of the Company, Company and the Operating Partnership, the Employer or any related entity OP require) without the prior written authorization of the CEO of the CompanyBoard. The obligation of confidentiality imposed by this Section 5.1 shall not apply to Confidential Information that otherwise becomes known to the public through no act of Executive in breach of this Agreement or which is required to be disclosed by court order, applicable law or regulatory requirements, nor shall it apply to Executive’s disclosure of Confidential Information to his attorneys and advisors in connection with a dispute between Executive and a QTS Quality Company.

Appears in 2 contracts

Samples: Employment Agreement (QualityTech, LP), Employment Agreement (Quality Investment Properties Irving II, LLC)

Obligation to Maintain Confidentiality. Executive acknowledges that, by reason of Executive’s employment by the EmployerCompany, the Executive will have access to confidential information (collectively, “Confidential Information”) of the Company Company, the OP and their respective subsidiaries (collectively, the other QTS “Quality Companies”). Executive acknowledges that such Confidential Information is a valuable and unique asset of the QTS Quality Companies and covenants that, both during and after the Term, Executive shall not disclose any Confidential Information to any individual, firm, corporationperson, partnership, companycorporation, limited liability company, trust, joint venture, association or any other entity (“Person”) (except as Executive’s duties as a manager, officer or employee of the Company, Company and the Operating Partnership, the Employer or any related entity OP require) without the prior written authorization of the CEO Board of Directors of the CompanyCompany (the “Board”). The obligation of confidentiality imposed by this Section 5.1 shall not apply to Confidential Information that otherwise becomes known to the public through no act of Executive in breach of this Agreement or which is required to be disclosed by court order, applicable law or regulatory requirements, nor shall it apply to Executive’s disclosure of Confidential Information to his attorneys and advisors in connection with a dispute between Executive and a QTS Quality Company.

Appears in 1 contract

Samples: Employment Agreement (QualityTech, LP)

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Obligation to Maintain Confidentiality. Executive acknowledges that, by reason of Executive’s employment by the EmployerQTS LLC, the Executive will have access to confidential information (collectively, “Confidential Information”) of QTS LLC, the Company and their respective subsidiaries and affiliates (collectively, the other QTS “Quality Companies”). Executive acknowledges that such Confidential Information is a valuable and unique asset of the QTS Quality Companies and covenants that, both during and after the Term, Executive shall not disclose any Confidential Information to any individual, firm, corporation, partnership, company, limited liability company, trust, joint venture, association or other entity (“Person”) (except as Executive’s duties as a manager, officer or employee of the Company, Company and the Operating Partnership, the Employer or any related entity OP require) without the prior written authorization of the CEO of the CompanyBoard. The obligation of confidentiality imposed by this Section 5.1 shall not apply to Confidential Information that otherwise becomes known to the public through no act of Executive in breach of this Agreement or which is required to be disclosed by court order, applicable law or regulatory requirements, nor shall it apply to Executive’s disclosure of Confidential Information to his her attorneys and advisors in connection with a dispute between Executive and a QTS Quality Company.

Appears in 1 contract

Samples: Employment Agreement (QTS Realty Trust, Inc.)

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