Common use of Confidentiality and Non-Disclosure Agreement Clause in Contracts

Confidentiality and Non-Disclosure Agreement. The Employer and Employee acknowledge and agree that during Employee’s employment with the Employer, Employee will have access to and may assist in developing Confidential Information and will occupy a position of trust and confidence with respect to the Employer’s affairs and business and the affairs and business of its Affiliates, including the business relationships and goodwill of the Employer and its Affiliates. Employee agrees that the following obligations are necessary to preserve the confidential and proprietary nature of Confidential Information and to protect the Employer and its Affiliates against harmful solicitation of employees and customers, harmful competition and other actions by Employee that would result in serious adverse consequences for the Employer and any of its Affiliates: