Common use of PERSONAL COVENANTS AND POST-TERMINATION OBLIGATIONS Clause in Contracts

PERSONAL COVENANTS AND POST-TERMINATION OBLIGATIONS. 5.1 The Executive has carefully read and considered the provisions of this Article 5 and, having done so, agrees that the restrictions set forth in this Article are fair and reasonable, and are reasonably required for the protection of the interests of the Corporation. The Executive recognizes and agrees that as an employee and executive of the Corporation, the Executive will become knowledgeable, aware and possessed of confidential information. The Executive acknowledges and agrees that the Corporation is the sole and exclusive owner and proprietor of all such confidential information, and that the Executive owes a fiduciary duty to the Corporation that includes, without limitation, a duty to ensure that confidential information is and remains at all times confidential.

PERSONAL COVENANTS AND POST-TERMINATION OBLIGATIONS. 5.1 The Executive Manager has carefully read and considered the provisions of this Article 5 and, having done so, agrees that the restrictions set forth in this Article are fair and reasonable, and are reasonably required for the protection of the interests of the Corporation. The Executive Manager recognizes and agrees that as an employee and executive of the Corporation, the Executive Manager will become knowledgeable, aware and possessed of confidential information. The Executive Manager acknowledges and agrees that the Corporation is the sole and exclusive owner and proprietor of all such confidential information, and that the Executive Manager owes a fiduciary duty of fidelity to the Corporation that includes, without limitation, a duty to ensure that confidential information is and remains at all times confidential.