Unauthorized Disclosure of Confidential Information. During the term of his employment hereunder, or at any later time, the Executive shall not, without the written consent of the Boards of Directors of Corporation and Bank or a person authorized thereby, knowingly disclose to any person, other than an employee of Corporation or Bank or a person to whom disclosure is reasonably necessary or appropriate in connection with the performance by the Executive of his duties as an executive of Corporation and Bank, any material confidential information obtained by him while in the employ of Corporation and Bank with respect to any of Corporation’s and Bank’s services, products, improvements, formulas, designs or styles, processes, customers, methods of business or any business practices the disclosure of which could be or will be damaging to Corporation or Bank; provided, however, that confidential information shall not include any information known generally to the public (other than as a result of unauthorized disclosure by the Executive or any person with the assistance, consent or direction of the Executive) or any information of a type not otherwise considered confidential by persons engaged in the same business or a business similar to that conducted by Corporation and Bank or any information that must be disclosed as required by law.
Appears in 3 contracts
Samples: Change of Control and Severance Agreement (Fidelity D & D Bancorp Inc), Change of Control and Severance Agreement (Fidelity D & D Bancorp Inc), Change of Control and Severance Agreement (Fidelity D & D Bancorp Inc)
Unauthorized Disclosure of Confidential Information. During the term of his Executive’s employment hereunder, or at any later time, the Executive shall not, without the written consent of the Boards Board of Directors of Corporation and Bank Company or a person authorized therebyby such Board, knowingly disclose to any person, other than an employee of Corporation or Bank Company or a person to whom disclosure is reasonably necessary or appropriate in connection with the performance by the Executive of his duties as an executive on behalf of Corporation and BankCompany, any material confidential information obtained by him Executive while in the employ of Corporation employed by Company and Bank with respect to any of Corporation’s and Bank’s services, products, improvements, formulas, designs or styles, processes, customers, methods of business or any business practices of Company, Bank or any of their respective subsidiaries the disclosure of which could be or will be damaging to Corporation Company, Bank or Bankany of such subsidiaries; provided, however, that confidential information shall not include any information known generally to the public (other than as a result of unauthorized disclosure by the Executive or any person with the assistance, consent or direction of the Executive) or any information of a type not otherwise considered confidential by persons engaged in the same business or a business similar to that conducted by Corporation and Company, Bank or any of their respective subsidiaries, Executive’s “know-how,” or any information that must be disclosed as required by law.
Appears in 2 contracts
Samples: Employment Agreement (Tompkins Financial Corp), Employment Agreement (Leesport Financial Corp)
Unauthorized Disclosure of Confidential Information. During the term of his employment hereunder, or at any later time, the Executive shall not, without the written consent of the Boards of Directors of Corporation and Bank or a person authorized thereby, knowingly disclose to any person, other than an employee of Corporation or Bank or a person to whom disclosure is reasonably necessary or appropriate in connection with the performance by the Executive of his duties as an executive of Corporation and Bank, any material confidential information obtained by him while in the employ of Corporation and Bank with respect to any of Corporation’s 's and Bank’s 's services, products, improvements, formulas, designs or styles, processes, customers, methods of business or any business practices the disclosure of which could be or will be damaging to Corporation or Bank; provided, however, that confidential information shall not include any information known generally to the public (other than as a result of unauthorized disclosure by the Executive or any person with the assistance, consent or direction of the Executive) or any information of a type not otherwise considered confidential by persons engaged in the same business or a business similar to that conducted by Corporation and Bank or any information that must be disclosed as required by law.
Appears in 1 contract
Samples: Change in Control and Severance Agreement (Fidelity D & D Bancorp Inc)
Unauthorized Disclosure of Confidential Information. During the term of his employment hereunder, or at any later time, the Executive shall not, without the written consent of the Boards of Directors of Corporation and Bank or a person authorized thereby, knowingly disclose to any person, other than an employee of Corporation or Bank or a person to whom disclosure is reasonably necessary or appropriate in connection with the performance by the Executive of his duties as an executive of Corporation and Bank, any material confidential information obtained by him while in the employ of Corporation and Bank with respect to any of Corporation’s Corporation and Bank’s services, products, improvements, formulas, designs or styles, processes, customers, methods of business or any business practices the disclosure of which could be or will be damaging to Corporation or Bank; provided, however, that confidential information shall not include any information known generally to the public (other than as a result of unauthorized disclosure by the Executive or any person with the assistance, consent or direction of the Executive) or any information of a type not otherwise considered confidential by persons engaged in the same business or a business similar to that conducted by Corporation and Bank or any information that must be disclosed as required by law.
Appears in 1 contract
Samples: Change of Control and Severance Agreement (Fidelity D & D Bancorp Inc)