Restrictions on Member Use of Confidential Information. Each Member acknowledges that such Member may receive information related to the Company, including without limitation, information regarding its employees, operations, financial performance and future plans, that is not generally known to the public (“Confidential Information”). Each Member understands and agrees that while he, she or it is a Member and, even if no longer a Member, prior to the dissolution or termination of the Company for any reason, he, she or it will not, directly or indirectly, knowingly use or disclose any Confidential Information (as hereinafter defined) for any reason other than for the advancement of the Company’s business. In consideration for the commitments made by the Company herein to each Member in this Agreement regarding the Member’s association with the Company and receipt of the Confidential Information, each Member agrees to the restrictions set out in this Section 11.5(b).
Appears in 4 contracts
Samples: Operating Agreement (Viking Energy Group, Inc.), Operating Agreement (Viking Energy Group, Inc.), Operating Agreement (Viking Energy Group, Inc.)
