Common use of Use Restrictions and Nondisclosure Obligations Clause in Contracts

Use Restrictions and Nondisclosure Obligations. (i) Executive will at no time use Confidential Information for any purpose without the Company’s specific prior authorization, except Executive may use Confidential Information to perform Executive’s duties as an employee of the Company and (ii) Executive will at no time disclose Confidential Information to any person without the Company’s specific prior authorization, except Executive may disclose Confidential Information: (1) to Representatives of the Company; (2) in accordance with a judicial or other governmental order, or subpoena but only if Executive promptly notifies the Company of the order and complies with any applicable protective or similar order; or (3) pursuant to the Company’s disclosure policies or as required under the rules and regulations of the Securities Exchange Commission or other applicable law or upon advice of the Company’s legal counsel.

Appears in 4 contracts

Samples: Executive Employment Agreement (Cascade Bancorp), Executive Employment Agreement (Cascade Bancorp), Executive Employment Agreement (Cascade Bancorp)

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