Common use of Obligation to Maintain Confidentiality Clause in Contracts

Obligation to Maintain Confidentiality. Executive acknowledges that, by reason of Executive’s employment by the Corporation, the Executive will have access to confidential information (collectively, “Confidential Information”) of WellCare, the Corporation and their respective subsidiaries (collectively, the “WellCare Companies”). Executive acknowledges that such Confidential Information is a valuable and unique asset of the WellCare Companies and covenants that, both during and after the Term, Executive shall not disclose any Confidential Information to any Person (except as Executive’s duties as a director, officer or employee of WellCare and the Corporation require) without the prior written authorization of the Board. The obligation of confidentiality imposed by this Section 5.1 shall not apply to Confidential Information that otherwise becomes known to the public through no act of Executive in breach of this Agreement or which is required to be disclosed by court order, applicable law or regulatory requirements, nor shall it apply to Executive’s disclosure of Confidential Information to his attorneys and advisors in connection with a dispute between Executive and a WellCare Company.

Appears in 3 contracts

Samples: Employment Agreement (Wellcare Health Plans, Inc.), Employment Agreement (Wellcare Health Plans, Inc.), Employment Agreement (Wellcare Health Plans, Inc.)

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Obligation to Maintain Confidentiality. Executive acknowledges that, by reason of Executive’s employment by the CorporationCompany, the Executive will have access to confidential information (collectively, “Confidential Information”) of WellCarethe Company, the Corporation OP and their respective subsidiaries (collectively, the “WellCare Quality Companies”). Executive acknowledges that such Confidential Information is a valuable and unique asset of the WellCare Quality Companies and covenants that, both during and after the Term, Executive shall not disclose any Confidential Information to any Person person, partnership, corporation, limited liability company, or any other entity (“Person”) (except as Executive’s duties as a directormanager, officer or employee of WellCare the Company and the Corporation OP require) without the prior written authorization of the Board. The obligation of confidentiality imposed by this Section 5.1 shall not apply to Confidential Information that otherwise becomes known to the public through no act of Executive in breach of this Agreement or which is required to be disclosed by court order, applicable law or regulatory requirements, nor shall it apply to Executive’s disclosure of Confidential Information to his attorneys and advisors in connection with a dispute between Executive and a WellCare Quality Company.

Appears in 2 contracts

Samples: Employment Agreement (QTS Realty Trust, Inc.), Employment Agreement (QTS Realty Trust, Inc.)

Obligation to Maintain Confidentiality. Executive acknowledges that, by reason of Executive’s employment by the CorporationCorporation and service as an officer and director of WellCare, the Executive has had and will have access to confidential information (collectively, “Confidential Information”) of WellCare, the Corporation and their respective its affiliates and subsidiaries (collectivelycollectively for purposes of Article 4, the “WellCare Companies”). Executive acknowledges that such Confidential Information is a valuable and unique asset of the WellCare Companies and covenants that, both during and after the TermTransition Period, Executive shall will not disclose any Confidential Information to any Person person or entity (except as Executive’s duties as a director, officer officer, or employee of WellCare and the Corporation may require) without the prior written authorization of the Board. The obligation of confidentiality imposed by this Section 5.1 4.1 shall not apply to Confidential Information that otherwise becomes known to the public through no act of Executive in breach of this Agreement or which that is required to be disclosed by court order, applicable law law, or regulatory requirements, nor shall it apply to Executive’s disclosure of Confidential Information to his Executive’s attorneys and advisors in connection with a dispute between Executive and a WellCare CompanyCorporation.

Appears in 1 contract

Samples: Transition and Separation Agreement (Wellcare Health Plans, Inc.)

Obligation to Maintain Confidentiality. Executive acknowledges that, by reason of Executive’s employment by the CorporationCompany, the Executive will have access to confidential information (collectively, “Confidential Information”) of WellCarethe Company, the Corporation OP and their respective subsidiaries (collectively, the “WellCare Quality Companies”). Executive acknowledges that such Confidential Information is a valuable and unique asset of the WellCare Quality Companies and covenants that, both during and after the Term, Executive shall not disclose any Confidential Information to any Person person, partnership, corporation, limited liability company, or any other entity (“Person”) (except as Executive’s duties as a directormanager, officer or employee of WellCare the Company and the Corporation OP require) without the prior written authorization of the Board of Directors of the Company (the “Board”). The obligation of confidentiality imposed by this Section 5.1 shall not apply to Confidential Information that otherwise becomes known to the public through no act of Executive in breach of this Agreement or which is required to be disclosed by court order, applicable law or regulatory requirements, nor shall it apply to Executive’s disclosure of Confidential Information to his attorneys and advisors in connection with a dispute between Executive and a WellCare Quality Company.

Appears in 1 contract

Samples: Employment Agreement (QualityTech, LP)

Obligation to Maintain Confidentiality. Executive acknowledges that, by reason of Executive’s 's employment by the Corporation, the Executive will have access to confidential information (collectively, "Confidential Information") of WellCare, the Corporation and their respective subsidiaries (collectively, the "WellCare Companies"). Executive acknowledges that such Confidential Information is a valuable and unique asset of the WellCare Companies and covenants that, both during and after the Term, Executive shall will not disclose any Confidential Information to any Person (except as Executive’s 's duties as a director, officer or employee of WellCare and the Corporation require) without the prior written authorization of the Board. The obligation of confidentiality imposed by this Section 5.1 shall not apply to Confidential Information that otherwise becomes known to the public through no act of Executive in breach of this Agreement or which is required to be disclosed by court order, applicable law or regulatory requirements, nor shall it apply to Executive’s 's disclosure of Confidential Information to his attorneys and advisors in connection with a dispute between Executive and a WellCare Company.

Appears in 1 contract

Samples: Employment Agreement (Wellcare Health Plans, Inc.)

Obligation to Maintain Confidentiality. Executive acknowledges that, by reason of Executive’s employment by the Corporation, the Executive will have access to confidential information (collectively, “Confidential Information”) of WellCare, the Corporation and their respective subsidiaries (collectively, the “WellCare Companies”). Executive acknowledges that such Confidential Information is a valuable and unique asset of the WellCare Companies and covenants that, both during and after the Term, Executive shall will not disclose any Confidential Information to any Person (except as Executive’s duties as a director, officer or employee of WellCare and the Corporation require) without the prior written authorization of the Board. The obligation of confidentiality imposed by this Section 5.1 shall not apply to Confidential Information that otherwise becomes known to the public through no act of Executive in breach of this Agreement or which is required to be disclosed by court order, applicable law or regulatory requirements, nor shall it apply to Executive’s disclosure of Confidential Information to his attorneys and advisors in connection with a dispute between Executive and a WellCare Company.

Appears in 1 contract

Samples: Employment Agreement (Wellcare Health Plans, Inc.)

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Obligation to Maintain Confidentiality. Executive acknowledges that, by reason of Executive’s employment by QTS LLC and position with the CorporationCompany and the General Partner, the Executive will have access to confidential information (collectively, “Confidential Information”) of WellCare, the Corporation and their respective subsidiaries (collectively, the “WellCare Quality Companies”). Executive acknowledges that such Confidential Information is a valuable and unique asset of the WellCare Quality Companies and covenants that, both during and after the Term, Executive shall not disclose any Confidential Information to any Person person, partnership, corporation, limited liability company, or any other entity (each, a “Person”) (except as Executive’s duties as a directormanager, officer or employee of WellCare the Company and the Corporation OP require) without the prior written authorization of the Board. The obligation of confidentiality imposed by this Section 5.1 shall not apply to Confidential Information that otherwise becomes known to the public through no act of Executive in breach of this Agreement or which is required to be disclosed by court order, applicable law or regulatory requirements, nor shall it apply to Executive’s disclosure of Confidential Information to his attorneys and advisors in connection with a dispute between Executive and a WellCare Quality Company.

Appears in 1 contract

Samples: Employment Agreement (QTS Realty Trust, Inc.)

Obligation to Maintain Confidentiality. Executive acknowledges that, by reason of Executive’s 's employment by the Corporation, the Executive will have access to confidential information (collectively, "Confidential Information") of WellCare, the Corporation and their respective subsidiaries (collectively, the "WellCare Companies"). Executive acknowledges that such Confidential Information is a valuable and unique asset of the WellCare Companies and covenants that, both during and after the Term, Executive shall will not disclose any Confidential Information to any Person (except as Executive’s 's duties as a director, officer or employee of WellCare and the Corporation may require) without the prior written authorization of the Board. The obligation of confidentiality imposed by this Section 5.1 shall not apply to Confidential Information that otherwise becomes known to the public through no act of Executive in breach of this Agreement or which is required to be disclosed by court order, applicable law or regulatory requirements, nor shall it apply to Executive’s 's disclosure of Confidential Information to his attorneys and advisors in connection with a dispute between Executive and a WellCare Company.

Appears in 1 contract

Samples: Employment Agreement (Wellcare Health Plans, Inc.)

Obligation to Maintain Confidentiality. Executive acknowledges that, by reason of Executive’s employment by the CorporationCompany, the Executive will have access to confidential information (collectively, “Confidential Information”) of WellCarethe Company, the Corporation OP and their respective subsidiaries (collectively, the “WellCare Quality Companies”). Executive acknowledges that such Confidential Information is a valuable and unique asset of the WellCare Quality Companies and covenants that, both during and after the Term, Executive shall not disclose any Confidential Information to any Person person, partnership, corporation, limited liability company, or any other entity (“Person”) (except as Executive’s duties as a directormanager, officer or employee of WellCare the Company and the Corporation OP require) without the prior written authorization of the Board. The obligation of confidentiality imposed by this Section 5.1 shall not apply to Confidential Information that otherwise becomes known to the public through no act of Executive in breach of this Agreement or which is required to be disclosed by court order, applicable law or regulatory requirements, nor shall it apply to Executive’s disclosure of Confidential Information to his attorneys and advisors in connection with a dispute between Executive and a WellCare Quality Company.

Appears in 1 contract

Samples: Employment Agreement (QualityTech, LP)

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