Secrecy/announcements Clause Samples

Secrecy/announcements. 5.1 The Executive and the Company agree to keep the terms of and the circumstances surrounding the conclusion of this Agreement strictly confidential and agree not to disclose, communicate or otherwise make public the same to anyone, save in the case of the Executive and the Company, to professional advisers, benefits agencies and the relevant tax authorities, and save, in the case of the Executive only, to his spouse/partner (provided he imposes on such person equivalent obligations of confidentiality as apply to him under this Agreement) or for the enforcement of the terms of this Agreement and otherwise as may be required to be disclosed by law, including, but not limited to, any disclosure requirements under the United States securities laws, rules and regulations. 5.2 The Executive shall not make any statements oral or written touching upon or concerning the Executive’s relationship with the Company, any Associated Company and/or any employee or director of or consultant to the company or any Associated Company which are critical, adverse, negative or derogatory or which might be detrimental to the interests of the Company and/or any Associated Company and/or its or their clients, customers, employees, consultants, directors and/or officers. 5.3 In consideration of the Executive’s obligations pursuant to this clause 5, the Company shall pay to the Executive, at the same time as the Termination Payments, the sum of £100 less required deductions in respect of income tax and national insurance contributions.