Common use of EXECUTIVE'S COMMITMENT Clause in Contracts

EXECUTIVE'S COMMITMENT. The Executive agrees that subsequent to his period of employment with the Bank, the Executive will not at any time communicate or disclose to any unauthorized person, without the written consent of the Bank, any proprietary processes of the Bank or other confidential information concerning its business, affairs, products, suppliers or customers which, if disclosed, would have a material adverse effect upon the business or operations of the Bank, taken as a whole; it being understood, however, that the obligations under this Section 14 shall not apply to the extent that the aforesaid matters (i) are disclosed in circumstances where the Executive is legally required to do so or (ii) become generally known to, and available for use by, the public otherwise than by the Executive's wrongful act or omission.