Common use of Confidentiality of this Agreement Clause in Contracts

Confidentiality of this Agreement. The Grantee hereby agrees that (i) except as required by law, the Grantee will not disclose to any Person other than the Grantee’s spouse and legal, financial and other advisors (if any) the grant of the Option or any of the terms or provisions hereof without the prior approval of the Committee, and (ii) in the discretion of the Committee, the Option shall terminate and any unexercised portion of such Option (whether or not vested) shall be forfeited if the Grantee violates the non-disclosure provisions of this Section 7(a).

Appears in 6 contracts

Samples: Nonqualified Stock Option (McGraw-Hill Global Education LLC), Nonqualified Stock Option (McGraw-Hill Global Education LLC), Nonqualified Stock Option (McGraw-Hill Global Education LLC)

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Confidentiality of this Agreement. The Grantee hereby agrees that (i) except as required by law, the Grantee will not disclose to any Person other than the Grantee’s spouse and legal, financial and other advisors (if any) the grant of the Option RSUs or any of the terms or provisions hereof without the prior approval of the Committee, and (ii) in the discretion of the Committee, the Option shall terminate and any unexercised portion of such Option RSUs (whether or not vested) shall be forfeited if the Grantee violates the non-disclosure provisions of this Section 7(a).

Appears in 3 contracts

Samples: Restricted Stock Unit Grant Certificate (Momentive Performance Materials Inc.), Restricted Stock Unit Grant Certificate (Momentive Performance Materials Inc.), Director Restricted Stock Unit Grant Certificate (Momentive Performance Materials Inc.)

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Confidentiality of this Agreement. The Grantee hereby agrees that (i) except as required by law, the Grantee will not disclose to any Person other than the Grantee’s spouse and legal, financial and other advisors (if any) the grant of the Option RSUs or any of the terms or provisions hereof without the prior approval of the Committee, and (ii) in the discretion of the Committee, the Option RSUs shall terminate and any unexercised portion of such Option (whether or not vested) shall be forfeited if the Grantee violates the non-disclosure provisions of this Section 7(a6(a).

Appears in 1 contract

Samples: Restricted Stock Unit (McGraw-Hill Education, Inc.)

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