Common use of Employee's Commitment Clause in Contracts

Employee's Commitment. You agree that subsequent to your period of employment with the Company, you will not at any time communicate or disclose to any unauthorized person, without the written consent of the Company, any confidential information of the Company or any subsidiary, including any confidential information concerning their business, affairs, products, suppliers or customers; it being understood, however, that the obligations of this Section 7 shall not apply to the extent that such matters (a) are disclosed in circumstances where you are legally required to do so or (b) become generally known to and available for use by the public otherwise than by your wrongful act or omission. You further agree to the terms of the Restrictive Covenant Agreement attached hereto as Exhibit B, which are incorporated herein by reference as if a part of this Agreement and acknowledge that you have entered into such Restrictive Covenant Agreement at the time of your entry into this Agreement and further acknowledge and agrees that you will enter into an amendment to such Restrictive Covenant Agreement, which will modify the non-solicitation covenants contained therein, on the first business day after January 1, 2008.

Appears in 3 contracts

Sources: Change in Control Agreement (Tektronix Inc), Change in Control Agreement (Tektronix Inc), Change in Control Agreement (Tektronix Inc)

Employee's Commitment. You agree that subsequent to your period of employment with the Company, you will not at any time make use of, communicate or disclose to any unauthorized person, without the written consent of the Company, any confidential information of the Company or any subsidiary, including any confidential information concerning their business, affairs, products, suppliers or customers; it being understood, however, that the obligations of this Section 7 shall not apply to the extent that such matters (a) are disclosed in circumstances where you are legally required to do so or (b) become generally known to and available for use by the public otherwise than by your wrongful act or omission. You further agree to the terms of the Restrictive Covenant Confidentiality and Assignment Agreement attached hereto as Exhibit B, which are incorporated herein by reference as if a part of this Agreement and acknowledge that you have entered into such Restrictive Covenant Confidentiality and Assignment Agreement upon your employment with the Company or at the time of your entry into this Agreement and further acknowledge and agrees that you will enter into an amendment to such Restrictive Covenant Agreement, which will modify the non-solicitation covenants contained therein, on the first business day after January 1, 2008.

Appears in 1 contract

Sources: Change in Control Agreement (Verasun Energy Corp)