Right to Retain Common Shares Contingent on Protection of Confidential Information Contract Clauses (15)

Grouped Into 1 Collection of Similar Clauses From Business Contracts

This page contains Right to Retain Common Shares Contingent on Protection of Confidential Information clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Right to Retain Common Shares Contingent on Protection of Confidential Information. The Grantee agrees that at all times, both during and after the term of the Grantee's service with the Company or any Affiliated Company, to hold in the strictest confidence, and not to use (except for the benefit of the Company at the Company's direction) or disclose (except for the benefit of the Company at the Company's direction), regardless of when disclosed to the Grantee, any and all Confidential Information of the Company or any Affiliated Company. The Grantee understands that for purpos...es of this Section 2, Confidential Information further includes, but is not limited to, information pertaining to any aspect of the business of the Company or any Affiliated Company which is either information not known (or known as a result of a wrongful act of the Grantee or of others who were under confidentiality obligations as to the item or items involved) by actual or potential competitors of the Company or other third parties not under confidentiality obligations to the Company. If, during the Restricted Period, the Grantee discloses or uses, or threatens to disclose or use, any Confidential Information other than in the course of performing authorized services for the Company (or any Affiliated Company), the Restricted Stock, whether vested or not, shall be immediately forfeited and cancelled, and the Grantee shall immediately return to the Company the Common Shares received in connection with any vesting of the Restricted Stock during the Look-back Period or the pre-tax income derived from any disposition of the Common Shares during the Look-back Period. View More
Found in JM Smucker contract
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Right to Retain Common Shares Contingent on Protection of Confidential Information. The Grantee agrees that at all times, both during and after the term of the Grantee's service with the Company or any Affiliated Company, to hold in the strictest confidence, and not to use (except for the benefit of the Company at the Company's direction) or disclose (except for the benefit of the Company at the Company's direction), regardless of when disclosed to the Grantee, any and all Confidential Information of the Company or any Affiliated Company. The Grantee understands that for purpos...es of this Section 2, Confidential Information further includes, but is not limited to, information pertaining to any aspect of the business of the Company or any Affiliated Company which is either information not known (or known as a result of a wrongful act of the Grantee or of others who were under confidentiality obligations as to the item or items involved) by actual or potential competitors of the Company or other third parties not under confidentiality obligations to the Company. If, during the Restricted Period, the Grantee discloses or uses, or threatens to disclose or use, any Confidential Information other than in the course of performing authorized services for the Company (or any Affiliated Company), the Restricted Stock, Performance Units (and any corresponding Dividend Equivalents), whether vested or not, shall be immediately forfeited and cancelled, canceled, and the Grantee shall immediately return to the Company the Common Shares received in connection with any vesting the settlement of the Restricted Stock during the Look-back Period Performance Units (and any corresponding Dividend Equivalents) or the pre-tax income derived from any disposition of the Common Shares during or the Look-back Period. pre-tax cash amount received in connection with the settlement of the Performance Units (and any corresponding Dividend Equivalents). View More
Found in JM Smucker contract
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