Using. Inside Information" obtained by reason of their employment for personal gain or advantage. This includes (a) the disclosure or improper use of confidential information, (b) the purchase of securities based on such things as knowledge of a pending acquisition, a major new development or product, a dramatic increase or decrease in the level of business, or a pending stock split, and (c) the acquisition of assets from the Company which could be sold on more favorable terms to others.
Appears in 2 contracts
Sources: Employment Agreement (Gatefield Corp), Employment Agreement (Gatefield Corp)