Common use of Confidential Information and Company Property Clause in Contracts

Confidential Information and Company Property. 12.1 The Employee acknowledges and agrees that in performing the duties and responsibilities of his or her employment pursuant to this Agreement, he or she will occupy a position of high fiduciary trust and confidence with the Corporation, pursuant to which he or she will develop and acquire wide experience and knowledge with respect to Confidential Information and the Business carried on by the Corporation and its Related Corporations, and the manner in which such Business is conducted. Accordingly, the Employee acknowledges and agrees that the execution by the Employee of the Confidentiality, Non-Disclosure and Non-Competition Agreement attached hereto as Schedule "F" shall be a condition precedent to this Agreement coming into force, and the strict observance of the requirements of the said Confidentiality Agreement shall be a condition of employment hereunder.