Common use of Obligations of the Employee Clause in Contracts

Obligations of the Employee. The Employee agrees (a) to hold Bank Information in strictest confidence, and (b) not to use, duplicate, reproduce, distribute, disclose or otherwise disseminate Bank Information or any physical embodiments thereof and may in no event take any action causing or fail to take any action necessary in order to prevent any Bank Information from losing its character or ceasing to qualify as Confidential Information or a Trade Secret. In the event that the Employee is required by law to disclose any Bank Information, the Employee will not make such disclosure unless (and then only to the extent that) the Employee has been advised by independent legal counsel that such disclosure is required by law and then only after prior written notice is given to the Bank when the Employee becomes aware that such disclosure has been requested and is required by law. This Section 5 shall survive for a period of twelve (12) months following termination of this Agreement with respect to Confidential Information, and shall survive termination of this Agreement for so long as is permitted by the then-current Georgia Trade Secrets Act of 1990, O.C.G.A. §§ 10-1-760 to -767, with respect to Trade Secrets.

Appears in 5 contracts

Samples: Employment Agreement (State Bank Financial Corp), Employment Agreement (STATE BANK FINANCIAL Corp), Employment Agreement (STATE BANK FINANCIAL Corp)

AutoNDA by SimpleDocs

Obligations of the Employee. The Employee agrees (a) to hold Bank Employer Information in strictest confidence, and (b) not to use, duplicate, reproduce, distribute, disclose or otherwise disseminate Bank Employer Information or any physical embodiments thereof and may in no event take any action causing or fail to take any action necessary in order to prevent any Bank Employer Information from losing its character or ceasing to qualify as Confidential Information or a Trade Secret. In the event that the Employee is required by law to disclose any Bank Employer Information, the Employee will not make such disclosure unless (and then only to the extent that) the Employee has been advised by independent legal counsel that such disclosure is required by law and then only after prior written notice is given to the Bank Employer when the Employee becomes aware that such disclosure has been requested and is required by law. This Section 5 shall survive for a period of twelve (12) months following termination of this Agreement with respect to Confidential Information, and shall survive termination of this Agreement for so long as is permitted by the then-current Georgia Trade Secrets Act of 1990, O.C.G.A. §§ xx.xx. 10-1-760 to -767760-10-1-767, with respect to Trade Secrets.

Appears in 5 contracts

Samples: Employment Agreement (Flag Financial Corp), Employment Agreement (Flag Financial Corp), Employment Agreement (Flag Financial Corp)

Obligations of the Employee. The Employee agrees (a) to hold Bank Company Information in strictest confidence, and (b) not to use, duplicate, reproduce, distribute, disclose or otherwise disseminate Bank Company Information or any physical embodiments thereof and may in no event take any action causing or fail to take any action necessary in order to prevent any Bank Company Information from losing its character or ceasing to qualify as Confidential Information or a Trade Secret. In the event that the Employee is required by law to disclose any Bank Company Information, the Employee will not make such disclosure unless (and then only to the extent that) the Employee has been advised by independent legal counsel that such disclosure is required by law and then only after prior written notice is given to the Bank Company when the Employee becomes aware that such disclosure has been requested and is required by law. This Section 5 shall survive for a period of twelve six (126) months following termination of this Agreement for any reason with respect to Confidential Information, and shall survive termination of this Agreement for any reason for so long as is permitted by the then-current Georgia Trade Secrets Act of 1990, O.C.G.A. §§ ss.sx. 00-1-760-10-1-760 to -767767, with respect to Trade Secrets.

Appears in 2 contracts

Samples: Employment Agreement (Community Capital Bancshares Inc), Employment Agreement (Community Capital Bancshares Inc)

Obligations of the Employee. The Employee agrees (a) to hold Bank Information in strictest confidence, and (b) not to use, duplicate, reproduce, distribute, disclose or otherwise disseminate Bank Information or any physical embodiments thereof and may in no event take any action causing or fail to take any action necessary in order to prevent any Bank Information from losing its character or ceasing to qualify as Confidential Information or a Trade Secret. In the event that the Employee is required by law to disclose any Bank Information, the Employee will not make such disclosure unless (and then only to the extent that) the Employee has been advised by independent legal counsel that such disclosure is required by law and then only after prior written notice is given to the Bank when the Employee becomes aware that such disclosure has been requested and is required by law. This Section 5 shall survive for a period of twelve (12) months following termination of this Agreement with respect to Confidential Information, and shall survive termination of this Agreement for so long as is permitted by the then-current Georgia Trade Secrets Act of 1990, O.C.G.A. §§ 10-1-760 to -767, or its successor(s) with respect to Trade Secrets.

Appears in 1 contract

Samples: Employment Agreement (State Bank Financial Corp)

AutoNDA by SimpleDocs

Obligations of the Employee. The Employee agrees (a) to hold Bank Company --------------------------- Information in strictest confidence, and (b) not to use, duplicate, reproduce, distribute, disclose or otherwise disseminate Bank Company Information or any physical embodiments thereof and may in no event take any action causing or fail to take any action necessary in order to prevent any Bank Company Information from losing its character or ceasing to qualify as Confidential Information or a Trade Secret. In the event that the Employee is required by law to disclose any Bank Company Information, the Employee will not make such disclosure unless (and then only to the extent that) the Employee has been advised by independent legal counsel that such disclosure is required by law and then only after prior written notice is given to the Bank Company when the Employee becomes aware that such disclosure has been requested and is required by law. This Section 5 shall survive for a period of twelve six (126) months following termination of this Agreement with respect to Confidential Information, and shall survive termination of this Agreement for so long as is permitted by the then-current Georgia Trade Secrets Act of 1990, O.C.G.A. §§ (S)(S) 10-1-760 to -767760-10-1-767, with respect to Trade Secrets.

Appears in 1 contract

Samples: Employment Agreement (Decatur First Bank Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!