Loyalty Obligations Clause Samples

Loyalty Obligations. Executive acknowledges and agrees that by virtue of Executive’s position and involvement with the business and affairs of the Corporation, Executive has and will develop substantial expertise and knowledge with respect to all aspects of the Corporation’s business, affairs, and operations, and has had and will continue to have access to all significant aspects of the business and operations of the Corporation and to Confidential Information. As noted in Section 2(b), Executive has fiduciary obligations (“Loyalty Obligations”) to the Corporation, the Bank, and all Affiliates by virtue of employment by or continued employment under this Agreement, and those fiduciary duties include but are not limited to the following:

Loyalty Obligations. The Employee agrees that the following obligations (“Loyalty Obligations”) shall apply in consideration of Employee’s employment by or continued employment with Advance, and any of the following obligations that expressly continue after termination of employment as indicated below shall apply without regard to the reason for or method of such termination of employment: (a)

Loyalty Obligations. The Consultant agrees that during the Term Consultant shall not induce or attempt to induce any person who is an employee, agent or consultant of the Company to leave the employ of the Company.

Loyalty Obligations. Employee agrees that the following obligations (“Loyalty Obligations”) shall apply in consideration of Employee’s employment by or continued employment with the Corporation:

Loyalty Obligations. Executive acknowledges and agrees that by virtue of Executive’s position and involvement with the business and affairs of the Corporation, Executive will develop substantial expertise and knowledge with respect to all aspects of the Corporation’s business, affairs and operations and will have access to all significant aspects of the business and operations of the Corporation and to Confidential Information. Executive agrees that the following obligations (“Loyalty Obligations”) shall apply in consideration of Executive’s employment by or continued employment with the Corporation:

Loyalty Obligations. Employee acknowledges and agrees that by virtue of the senior position held and her detailed involvement with the business and affairs of the Employer, Employee will develop substantial expertise and knowledge with respect to all aspects of the Employer’s business, affairs and operations and will have access to all significant aspects of the business, plans and operations of Employer, including the Confidential Information (defined in Section 3(E)). As such, Employee acknowledges that she owes a fiduciary duty of loyalty to the Employer to act in its best interests at all times, and Employee agrees that the provisions of this Section 11, as well as Sections 12 to 14 below (collectively the “Loyalty Obligations”) are reasonable and necessary in order to protect the best interests of the Employer and survive any termination of the right to receive severance benefits under Section 4 above.

Loyalty Obligations. The Executive agrees that, with the exception of Section 18(e) and 18(f), immediately upon execution of this Agreement, and with respect to Sections 18(e) and 18(f), immediately upon Executive’s relocation to North Carolina, the following obligations (“Loyalty Obligations”) shall apply in consideration of the Executive’s employment by or continued employment with the Company:

Loyalty Obligations. Executive acknowledges and agrees that by virtue of Executive’s position and involvement with the business and affairs of the Corporation and Bank, Executive has developed and will continue to develop substantial expertise and knowledge with respect to all aspects of the Corporation’s and the Bank’s business, affairs and operations and has had and will continue to have access to all significant aspects of the business and operations of the Corporation, the Bank and their Affiliates and to Confidential Information. Executive agrees that the following obligations set forth in Sections 13-16 (“Loyalty Obligations”) shall apply in consideration of Executive’s continued employment with the Corporation and the Bank: