Common use of Restriction on Use and Disclosure of Confidential Information Clause in Contracts

Restriction on Use and Disclosure of Confidential Information. Employee shall, both during and after his/her employment by Company, hold all Confidential Information in a fiduciary capacity. Employee shall not directly or indirectly use or disclose such Confidential Information except as is (i) necessary for the good faith performance of his/her services for Company, (ii) reasonably necessary, in the opinion of counsel to the Company (or, in respect of claims by the Company against Employee, counsel to Employee), to respond to or defend any claim(s) against Employee or the Company or (iii) required to be disclosed by court order, governmental action, legal process or by applicable law; provided, however, that if disclosure is required under this clause (iii), Employee shall first give written notice thereof to the Company and shall fully cooperate (at the Company’s cost and expense) in the Company’s attempt to obtain a protective order or other waiver or exclusion from the court or other applicable governmental or other authority.

Appears in 11 contracts

Samples: Employment Agreement (Smith Electric Vehicles Corp.), Employment Agreement (Smith Electric Vehicles Corp.), Employment Agreement (Smith Electric Vehicles Corp.)

AutoNDA by SimpleDocs

Restriction on Use and Disclosure of Confidential Information. Employee shall, both during and after his/her his employment by Company, hold all Confidential Information in a fiduciary capacity. Employee shall not directly or indirectly use or disclose such Confidential Information except as is (i) necessary for the good faith performance of his/her his services for Company, (ii) reasonably necessary, in the opinion of counsel to the Company (or, in respect of claims by the Company against Employee, counsel to Employee), to respond to or defend any claim(s) against Employee or the Company or (iii) required to be disclosed by court order, governmental action, legal process or by applicable law; provided, however, that if disclosure is required under this clause (iii), Employee shall first give written notice thereof to the Company and shall fully cooperate (at the Company’s cost and expense) in the Company’s attempt to obtain a protective order or other waiver or exclusion from the court or other applicable governmental or other authority.

Appears in 1 contract

Samples: Employment Agreement (Smith Electric Vehicles Corp.)

Restriction on Use and Disclosure of Confidential Information. Employee shall, subject to the terms and conditions hereof, both during and after his/her his employment by Company, hold all Confidential Information in a fiduciary capacity. Employee shall not directly or indirectly use or disclose such Confidential Information except as is (i) necessary for the good faith performance of his/her his services for Company, (ii) reasonably necessary, in the opinion of counsel to the Company (or, in respect of claims by the Company against Employee, counsel to Employee), to respond to or defend any claim(s) against Employee or the Company Company, (iii) reasonably necessary, in the opinion of counsel for Employee, to enforce Employee’s rights and/or exercise Employee’s remedies under this Agreement, or (iiiiv) required to be disclosed by court order, governmental action, legal process or by applicable law; provided, however, that if disclosure is required under this clause (iiiiv), Employee shall first give written notice thereof to the Company and shall fully cooperate (at the Company’s cost and expense) in the Company’s attempt to obtain a protective order or other waiver or exclusion from the court or other applicable governmental or other authority.

Appears in 1 contract

Samples: Employment Agreement (Smith Electric Vehicles Corp.)

Restriction on Use and Disclosure of Confidential Information. Employee shall, both during and after his/her employment by Company, hold all Confidential Information in a fiduciary capacity. Employee shall not directly or indirectly use or disclose such Confidential Information except as is (i) necessary for the good faith performance of his/her services for Company, (ii) reasonably necessary, in the opinion of counsel to the Company (or, in respect of claims by the Company against Employee, counsel to Employee), to respond to or defend any claim(s) against Employee or the Company or (iii) required to be disclosed by court order, governmental action, legal process or by applicable law; provided, however, that if disclosure is required under this clause (iii), Employee shall first give written notice thereof to the Company and shall fully cooperate (at the Company’s 's cost and expense) in the Company’s 's attempt to obtain a protective order or other waiver or exclusion from the court or other applicable governmental or other authority.

Appears in 1 contract

Samples: Employment Agreement (Integrity Applications, Inc.)

AutoNDA by SimpleDocs

Restriction on Use and Disclosure of Confidential Information. Employee Executive shall, both during and after his/her employment by Company, hold all Confidential Information in a fiduciary capacity. Employee Executive shall not directly or indirectly use or disclose such Confidential Information except as is (i) necessary for the good faith performance of his/her services for Company, (ii) reasonably necessary, in the opinion of counsel to the Company (or, in respect of claims by the Company against EmployeeExecutive, counsel to EmployeeExecutive), to respond to or defend any claim(s) against Employee Executive or the Company or (iii) required to be disclosed by court order, governmental action, legal process or by applicable law; provided, however, that if disclosure is required under this clause (iii), Employee Executive shall first give written notice thereof to the Company and shall fully cooperate (at the Company’s cost and expense) in the Company’s attempt to obtain a protective order or other waiver or exclusion from the court or other applicable governmental or other authority.

Appears in 1 contract

Samples: Employment Agreement (Integrity Applications, Inc.)

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