Common use of Business Opportunity Clause in Contracts

Business Opportunity. This Agreement is acknowledged as necessary by both Parties in order that: the Disclosing Party may share a business opportunity (“Business Opportunity”) with the Recipient, including any and all other opportunities from which may derive, that Business Opportunity being: [BUSINESS OPPORTUNITY DETAILS] both Parties maintain their proprietary claim to and sole benefit from the relationships with clients and others which are necessary to their conduct and profitability, which are for, the purposes of this Agreement, considered Trade Secrets, and the Parties can legally bind, in writing, specific requirements for the conduct of the other regarding each Party’s above-mentioned relationships.

Appears in 4 contracts

Samples: Non Circumvention Agreement, Unilateral Non Circumvention Agreement, Mutual Non Circumvention Agreement

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