Common use of Competition; Confidential Information Clause in Contracts

Competition; Confidential Information. The Executive and the Corporation recognize that due to the nature of the Executive's prior association with the Compact Connection, Inc., the Nevada Corporation, and the Executive's engagement hereunder, and the relationship with the Executive to the Corporation, both in the past and in the future hereunder, the Executive has access to and has acquired, will have access to and will acquire, and has assisted in and may assist in developing, confidential proprietary information relating to the business and operations of the Corporation and its affiliates, including, without limiting the generality of the foregoing, information with respect to their present and prospective products, systems, customers, agents, processes and sales and marketing methods. The Executive acknowledges that such information has been and will continue to be of central importance to the business of the Corporation and its affiliates and that disclosure of it or its use by others could cause substantial loss to the Corporation. The Executive and the Corporation also recognize that an important part of the Corporation's duties shall be to develop good will for the Corporation and its affiliates through his personal contact with customers, agents and others having business relationships with the Corporation and its affiliates, and that there is a danger that this good will, a proprietary asset of the Corporation and its affiliates, may follow the Executive if and when his relationship with the Corporation is terminated. Therefore, the Executive hereby agrees as follows:

Appears in 1 contract

Samples: Employment Agreement (Teleservices International Group Inc)

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Competition; Confidential Information. The Executive and the Corporation recognize that that, due to the nature of the Executive's his prior association with the Compact Connection, Inc., the Nevada Corporation, Corporation and the Executive's of his engagement hereunder, and the relationship with of the Executive to the Corporation, both in the past as an executive and in the future hereunder, the Executive has had access to and has acquired, will have access to and will acquire, and has assisted in and may assist in developing, confidential and proprietary information relating to the business and operations of the Corporation and its affiliates, including, without limiting the generality of the foregoing, information with respect to their the Corporation' present and prospective products, systems, customers, agents, processes accounts, deposits, loans and sales and marketing methods. The Executive acknowledges that such information has been and will continue to be of central importance to the business of the Corporation and its affiliates and that disclosure of it such information or its use by others could cause substantial loss to the Corporation. The Executive and the Corporation also recognize that an important part of the CorporationExecutive's duties shall will be to develop good will for the Corporation and its affiliates through his personal contact with customers, agents and others having business relationships with the Corporation and its affiliates, and that there is a danger that this good will, a proprietary asset of the Corporation and its affiliates, may follow the Executive if and when his relationship with the Corporation is terminated. Therefore, the The Executive hereby accordingly agrees as follows:

Appears in 1 contract

Samples: Form of Executive Employment Agreement (RWD Technologies Inc)

Competition; Confidential Information. The Executive and the Corporation Companies recognize that due to the nature of the Executive's prior his association with the Compact Connection, Inc., the Nevada Corporation, Companies and the Executive's engagement of his engagements hereunder, and the relationship with of the Executive to the CorporationCompanies, both in the past as an organizer and in the future hereunder, the Executive has had access to and has acquired, will have access to and will acquire, and has assisted in and may assist in developing, confidential and proprietary information relating to the business and operations of the Corporation Companies and its their affiliates, including, without limiting the generality of the foregoing, information with respect to their its present and prospective products, systems, customers, agents, processes accounts, deposits, loans, and sales and marketing methods. The Executive acknowledges that such information has been and will continue to be of central importance to the business of the Corporation Companies and its their affiliates and that disclosure of it to or its use by others could cause substantial loss to the CorporationCompanies. The Executive and the Corporation Companies also recognize that an important part of the CorporationExecutive's duties shall will be to develop good will for the Corporation Companies and its their affiliates through his personal contact with customers, agents and others having business relationships with the Corporation Companies and its their affiliates, and that there is a danger that this good will, a proprietary asset of the Corporation Companies and its their affiliates, may follow the Executive if and when his relationship with the Corporation Companies is terminated. Therefore, the The Executive hereby accordingly agrees as follows:

Appears in 1 contract

Samples: Employment Agreement (Columbia Bancorp)

Competition; Confidential Information. The Executive and the Corporation recognize that that, due to the nature of the Executive's his prior association with the Compact Connection, Inc., the Nevada Corporation, Corporation and the Executive's of his engagement hereunder, and the relationship with of the Executive to the Corporation, both in the past as an executive and in the future hereunder, the Executive has had access to and has acquired, will have access to and will acquire, and has assisted in and may assist in developing, confidential and proprietary information relating to the business and operations of the Corporation and its affiliates, including, without limiting the generality of the foregoing, information with respect to their the Corporation's present and prospective products, systems, customers, agents, processes partnerships, accounts, deposits, loans and sales and marketing methodsactivities. The Executive acknowledges that such information has been and will continue to be of central importance to the business of the Corporation and its affiliates and that disclosure of it such information or its use by others could cause substantial loss to the Corporation. The Executive and the Corporation also recognize that an important part of the CorporationExecutive's duties shall will be to develop good will for the Corporation and its affiliates through his personal contact with customers, agents and others having business relationships with the Corporation and its affiliates, and that there is a danger that this good will, a proprietary asset of the Corporation and its affiliates, may follow the Executive if and when his relationship with the Corporation is terminated. Therefore, the The Executive hereby accordingly agrees as follows:

Appears in 1 contract

Samples: Employment Agreement (RWD Technologies Inc)

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Competition; Confidential Information. The Executive and the Corporation Bank ------------------------------------- recognize that due to the nature of the Executive's prior his association with the Compact Connection, Inc., the Nevada Corporation, Bank and the Executive's engagement of his engagements hereunder, and the relationship with of the Executive to the CorporationBank, both in the past as an organizer and in the future hereunder, the Executive has had access to and has acquired, will have access to and will acquire, and has assisted in and may assist in developing, confidential and proprietary information relating to the business and operations of the Corporation Bank and its affiliates, including, without limiting the generality of the foregoing, information with respect to their its present and prospective products, systems, customers, agents, processes accounts, deposits, loans, and sales and marketing methods. The Executive acknowledges that such information has been and will continue to be of central importance to the business of the Corporation Bank and its affiliates and that disclosure of it to or its use by others could cause substantial loss to the CorporationBank. The Executive and the Corporation Bank also recognize that an important part of the CorporationExecutive's duties shall will be to develop good will goodwill for the Corporation Bank and its affiliates through his personal contact with customers, agents and others having business relationships with the Corporation Bank and its affiliates, and that there is a danger that this good willgoodwill, a proprietary asset of the Corporation Bank and its affiliates, may follow the Executive if and when his relationship with the Corporation Bank is terminated. Therefore, the The Executive hereby accordingly agrees as follows:

Appears in 1 contract

Samples: Employment Agreement (Columbia Bancorp)

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