Common use of POST-TERMINATION OBLIGATIONS Clause in Contracts

POST-TERMINATION OBLIGATIONS. Executive agrees that after the termination of Executive’s employment for any reason, Executive will not use in any way whatsoever, nor disclose any Confidential Information learned or obtained in connection with Executive’s employment with Fxxxxxx Mac without first obtaining the written permission of the Executive Vice President of Human Resources of Fxxxxxx Mac. Executive further agrees that, in order to assure the continued confidentiality of the Confidential Information, Fxxxxxx Mac may correspond with Executive’s future employers to advise them generally of Executive’s exposure to and knowledge of Confidential Information, and Executive’s obligations and responsibilities regarding the Confidential Information. Executive understands and agrees that any such contact may include a request for assurance and confirmation from such employer(s) that Executive will not disclose Confidential Information to such employer(s), nor will such employer(s) permit any use whatsoever of the Confidential Information. To enable Fxxxxxx Mac to monitor compliance with the obligations imposed by this Agreement, Executive further agrees to inform in writing Fxxxxxx Mac’s Executive Vice President of Human Resources of the identity of Executive’s subsequent employer(s) and Executive’s prospective job title and responsibilities prior to beginning employment. Executive agrees that this notice requirement shall remain in effect for twelve (12) months following the termination of Executive’s Fxxxxxx Mac employment.

Appears in 12 contracts

Samples: Restrictive Covenant and Confidentiality Agreement (Federal Home Loan Mortgage Corp), Restrictive Covenant and Confidentiality Agreement (Federal Home Loan Mortgage Corp), Restrictive Covenant and Confidentiality Agreement (Federal Home Loan Mortgage Corp)

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POST-TERMINATION OBLIGATIONS. Executive agrees that after the termination of Executive’s employment for any reason, Executive will not use in any way whatsoever, nor disclose any Confidential Information learned or obtained in connection with Executive’s employment with Fxxxxxx Xxxxxxx Mac without first obtaining the written permission of the Executive Senior Vice President of Human Resources of Fxxxxxx Xxxxxxx Mac. Executive further agrees that, in order to assure the continued confidentiality of the Confidential Information, Fxxxxxx Xxxxxxx Mac may correspond with Executive’s future employers to advise them generally of Executive’s exposure to and knowledge of Confidential Information, and Executive’s obligations and responsibilities regarding the Confidential Information. Executive understands and agrees that any such contact may include a request for assurance and confirmation from such employer(s) that Executive will not disclose Confidential Information to such employer(s), nor will such employer(s) permit any use whatsoever of the Confidential Information. To enable Fxxxxxx Xxxxxxx Mac to monitor compliance with the obligations imposed by this Agreement, Executive further agrees to inform in writing Fxxxxxx Xxxxxxx Mac’s Executive Senior Vice President of Human Resources of the identity of Executive’s subsequent employer(s) and Executive’s prospective job title and responsibilities prior to beginning employment. Executive agrees that this notice requirement shall remain in effect for twelve (12) months following the termination of Executive’s Fxxxxxx Xxxxxxx Mac employment.

Appears in 5 contracts

Samples: Restrictive Covenant and Confidentiality Agreement (Federal Home Loan Mortgage Corp), Restrictive Covenant and Confidentiality Agreement (Federal Home Loan Mortgage Corp), Restrictive Covenant and Confidentiality Agreement (Federal Home Loan Mortgage Corp)

POST-TERMINATION OBLIGATIONS. Executive agrees that after the termination of Executive’s employment for any reason, Executive will not use in any way whatsoever, nor disclose any Confidential Information learned or obtained in connection with Executive’s employment with Fxxxxxx Xxxxxxx Mac without first obtaining the written permission of the Executive Senior Vice President of Human Resources of Fxxxxxx Xxxxxxx Mac. Executive further agrees that, in order to assure the continued confidentiality of the Confidential Information, Fxxxxxx Xxxxxxx Mac may correspond with Executive’s future employers to advise them generally of Executive’s exposure to and knowledge of Confidential Information, and Executive’s obligations and responsibilities regarding the Confidential Information. Executive understands and agrees that any such contact may include a request for assurance and confirmation from such employer(s) that Executive will not disclose Confidential Information to such employer(s), nor will such employer(s) permit any use whatsoever of the Confidential Information. To enable Fxxxxxx Xxxxxxx Mac to monitor compliance with the obligations imposed by this Agreement, Executive further agrees agrees, in the event Executive voluntary resigns employment, to inform in writing Fxxxxxx Xxxxxxx Mac’s Executive Senior Vice President of Human Resources of the identity of Executive’s subsequent employer(s) and Executive’s prospective job title and responsibilities prior to beginning employment. Executive agrees that this notice requirement shall remain in effect for twelve (12) months following the termination of Executive’s Fxxxxxx voluntary resignation of Xxxxxxx Mac employment.

Appears in 3 contracts

Samples: Restrictive Covenant and Confidentiality Agreement (Federal Home Loan Mortgage Corp), Restrictive Covenant and Confidentiality Agreement (Federal Home Loan Mortgage Corp), Federal Home Loan Mortgage Corp

POST-TERMINATION OBLIGATIONS. Executive agrees that after the termination of Executive’s employment for any reason, Executive will not use in any way whatsoever, nor disclose any Confidential Information learned or obtained in connection with Executive’s employment with Fxxxxxx Mac without first obtaining the written permission of the Executive Senior Vice President of Human Resources of Fxxxxxx Mac. Executive further agrees that, in order to assure the continued confidentiality of the Confidential Information, Fxxxxxx Mac may correspond with Executive’s future employers to advise them generally of Executive’s exposure to and knowledge of Confidential Information, and Executive’s obligations and responsibilities regarding the Confidential Information. Executive understands and agrees that any such contact may include a request for assurance and confirmation from such employer(s) that Executive will not disclose Confidential Information to such employer(s), nor will such employer(s) permit any use whatsoever of the Confidential Information. To enable Fxxxxxx Mac to monitor compliance with the obligations imposed by this Agreement, Executive further agrees to inform in writing Fxxxxxx Mac’s Executive Senior Vice President of Human Resources of the identity of Executive’s subsequent employer(s) and Executive’s prospective job title and responsibilities prior to beginning employment. Executive agrees that this notice requirement shall remain in effect for twelve (12) months following the termination of Executive’s Fxxxxxx Mac employment.

Appears in 2 contracts

Samples: Restrictive Covenant and Confidentiality Agreement (Federal Home Loan Mortgage Corp), Federal Home Loan Mortgage Corp

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POST-TERMINATION OBLIGATIONS. Executive agrees that after the termination of Executive’s employment for any reason, Executive will not use in any way whatsoever, nor disclose any Confidential Information learned or obtained in connection with Executive’s employment with Fxxxxxx Mac without first obtaining the written permission of the Executive Vice President of Human Resources of Fxxxxxx MacCapital Management. Executive further agrees that, in order to assure the continued confidentiality of the Confidential Information, Fxxxxxx Mac may correspond with Executive’s future employers to advise them generally of Executive’s exposure to and knowledge of Confidential Information, and Executive’s obligations and responsibilities regarding the Confidential Information. Executive understands and agrees that any such contact may include a request for assurance and confirmation from such employer(s) that Executive will not disclose Confidential Information to such employer(s), nor will such employer(s) permit any use whatsoever of the Confidential Information. To enable Fxxxxxx Mac to monitor compliance with the obligations imposed by this Agreement, Executive further agrees to inform in writing Fxxxxxx Mac’s Executive Vice President of Human Resources of the identity of Executive’s subsequent employer(s) and Executive’s prospective job title and responsibilities prior to beginning employment. Executive agrees that this notice requirement shall remain in effect for twelve (12) months following the termination of Executive’s Fxxxxxx Mac employment.

Appears in 1 contract

Samples: Restrictive Covenant and Confidentiality Agreement (Federal Home Loan Mortgage Corp)

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