Common use of This Agreement to be Kept Confidential Clause in Contracts

This Agreement to be Kept Confidential. As a material condition to this Agreement, Employee agrees not to disclose the terms of this Agreement, without the Company’s prior written permission, to anyone other than an immediate family member or an attorney, accountant or other professional advisor who agrees in advance to honor this confidentiality requirement. Employee further understands that, so long as the Company has reporting obligations under SEC regulations, the Company is not prohibited from disclosing the terms of this Agreement to the extent legally required by applicable reporting requirements. This Agreement also does not prohibit Employee from disclosing the terms of this Agreement to the extent necessary to enforce this Agreement or disclosures to the extent legally required by a subpoena or court order, provided that the Company is notified in writing of such a disclosure obligation within five (5) days after it arises. In the event that Employee violates the confidentiality obligations of this Section, the Company reserves the right to cancel this Agreement.

Appears in 7 contracts

Samples: Employment Agreement (Oglethorpe Power Corp), Employment Agreement (Oglethorpe Power Corp), Employment Agreement (Oglethorpe Power Corp)

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This Agreement to be Kept Confidential. As a material condition to this Agreement, Employee agrees not to disclose the terms of this Agreement, without the Company’s 's prior written permission, to anyone other than an immediate family member or an attorney, accountant or other professional advisor who agrees in advance to honor this confidentiality requirement. Employee further understands that, so long as the Company has reporting obligations under SEC regulations, the Company is not prohibited from disclosing the terms of this Agreement to the extent legally required by applicable reporting requirements. This Agreement also does not prohibit Employee from disclosing the terms of this Agreement to the extent necessary to enforce this Agreement or disclosures to the extent legally required by a subpoena or court order, provided that the Company is notified in writing of such a disclosure obligation within five (5) days after it arises. In the event that Employee violates the confidentiality obligations of this Section, the Company reserves the right to cancel this Agreement.

Appears in 6 contracts

Samples: Employment Agreement (Oglethorpe Power Corp), Employment Agreement (Oglethorpe Power Corp), Employment Agreement (Oglethorpe Power Corp)

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