Common use of Company’s Business Clause in Contracts

Company’s Business. Company is engaged in the highly competitive business of the design, manufacture and packaging of equipment and systems for the distribution, control, generation and management of electrical and other power sources (all of which is hereinafter collectively referred to as the “Company’s Business”). Executive acknowledges that because of the highly competitive nature of the Company’s Business, the use and protection of the Company’s Confidential Information and Trade Secrets as defined in this Agreement is critical to the Company’s continued successful operation and business and is an essential element of this Agreement.

Company’s Business. Company is engaged in the highly competitive business of the design, manufacture and packaging of equipment and systems for the distribution, control, generation and management of electrical and other power sources (all of which is hereinafter collectively referred to as the “"Company’s 's Business”"). Executive acknowledges that because of the highly competitive nature of the Company’s 's Business, the use and protection of the Company’s 's Confidential Information and Trade Secrets as defined in this Agreement is critical to the Company’s 's continued successful operation and business and is an essential element of this Agreement.