Common use of Covenant Not to Disclose Clause in Contracts

Covenant Not to Disclose. Employer and Employee recognize that, during the course of Employee's term of employment with Employer pursuant to this Agreement, Employer will disclose to Employee information concerning Employer and the Affiliates, their products, their customers, their services, their trade secrets, their proprietary information and other information concerning their business all of which constitute valuable assets of Employer and the Affiliates. Employer and Employee further acknowledge that Employer has, and will, invest considerable amounts of time, effort and corporate resources in developing such valuable assets and that disclosure by Employee of such assets to the public shall cause irreparable harm, damage and loss to Employer and the Affiliates.

Appears in 6 contracts

Samples: Employment Agreement (Allied Holdings Inc), Employment Agreement (Allied Holdings Inc), Employment Agreement (Allied Holdings Inc)

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Covenant Not to Disclose. Employer and Employee recognize that, during the course of Employee's term of employment with Employer pursuant to this Agreement, Employer will disclose to Employee information concerning Employer and the AffiliatesEmployer, their its products, their its customers, their its services, their its trade secrets, their its proprietary information and other information concerning their its business all of which constitute valuable assets of Employer and the AffiliatesEmployer. Employer and Employee further acknowledge that Employer has, and will, invest considerable amounts of time, effort and corporate resources in developing such valuable assets and that disclosure by Employee of such assets to the public shall cause irreparable harm, damage and loss to Employer and the AffiliatesEmployer.

Appears in 1 contract

Samples: Employment Agreement (Allied Holdings Inc)

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Covenant Not to Disclose. Employer and Employee recognize that, during the course of Employee's ’s term of employment with Employer pursuant to this Agreement, Employer will disclose to Employee information concerning Employer and the Affiliates, their products, their customers, their services, their trade secrets, their proprietary information and other information concerning their business all of which constitute valuable assets of Employer and the Affiliates. Employer and Employee further acknowledge that Employer has, and will, invest considerable amounts of time, effort and corporate resources in developing such valuable assets and that disclosure by Employee of such assets to the public shall cause irreparable harm, damage and loss to Employer and the Affiliates.

Appears in 1 contract

Samples: Employment Agreement (Allied Systems Holdings Inc)

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