Common use of Employee Promises Clause in Contracts

Employee Promises. Accordingly, Employee acknowledges and agrees that at all times while employed by the Company and thereafter: i. all Confidential Information shall remain and be the sole and exclusive property of the Company; ii. he will hold all Confidential Information in strictest confidence and not, directly or indirectly, disclose or divulge any Confidential Information to any person other than an officer, director, employee, or legal counsel of the Company, or any other third parties that have a legitimate business need to receive the Confidential Information, to the extent necessary for the proper performance of his duties and responsibilities unless authorized to do so by the Company or compelled to do so by law or valid legal process; iii. if he believes he is compelled by law or valid legal process to disclose or divulge any Confidential Information outside of his capacity as an employee or representative of the Company or its Affiliates, he will notify the Company in writing sufficiently in advance of any such disclosure to allow the Company the opportunity to defend, limit, or otherwise protect its interests against such disclosure; iv. at the end of his employment with the Company for any reason or at the request of the Company at any time, he will immediately return to the Company all Confidential Information and all copies thereof, in whatever tangible form or medium, including electronic; v. he will immediately notify the Company if he learns of or suspects any unauthorized disclosure of Confidential Information; vi. absent the promises and representations of Employee in this Section 9, the Company would require him immediately to return any tangible Confidential Information in his possession, would not provide Employee with new and additional Confidential Information, would not authorize Employee to engage in activities that will create new and additional Confidential Information, and would not enter or have entered into this Agreement; and vii. Employee’s obligations under this Section 9 are in addition to any applicable contractual, statutory, or common-law obligations and survive the termination of this Agreement.

Appears in 3 contracts

Sources: Employment Agreement (Cinco Resources, Inc.), Employment Agreement (Cinco Resources, Inc.), Employment Agreement (Cinco Resources, Inc.)