Common use of EXECUTIVE'S COMMITMENT Clause in Contracts

EXECUTIVE'S COMMITMENT. The Executive agrees that subsequent to his period of employment with the Company, he will not at any time communicate or disclose to any unauthorized person, without the written consent of the Company, any proprietary or confidential information concerning the business affairs, products or customers of the Company which, if disclosed, would have a material adverse effect upon the business or operations of the Company and its subsidiaries, taken as a whole; it being understood, however, that the obligations of this Section 9 shall not apply to the extent that the aforesaid matters: (a) are disclosed in circumstances where the Executive is legally required to do so or (b) become generally known to and available for use by the public otherwise than by the Executive's wrongful act or omission.

Appears in 9 contracts

Sources: Termination Agreement (Selective Insurance Group Inc), Termination Agreement (Selective Insurance Group Inc), Termination Agreement (Selective Insurance Group Inc)

EXECUTIVE'S COMMITMENT. The Executive agrees that subsequent to his period of employment with the Company, he will not at any time communicate or disclose to any unauthorized person, without the written consent of the Company, any proprietary or confidential information concerning the business affairs, products or customers of the Company which, if disclosed, would have a material adverse effect upon the business or operations of the Company and its subsidiaries, taken as a whole; it being understood, however, that the obligations of this Section 9 shall not apply to the extent that the aforesaid matters: (a) are disclosed in circumstances where the Executive is legally required to do so or (b) become generally known to and available for use by the public otherwise than by the Executive's wrongful act or omission.become

Appears in 1 contract

Sources: Termination Agreement (Selective Insurance Group Inc)