Common use of COVENANT PROHIBITING COMPETITION AND SOLICITATION OF CUSTOMERS Clause in Contracts

COVENANT PROHIBITING COMPETITION AND SOLICITATION OF CUSTOMERS. Confidential Information and Trade Secrets of the Company gained by Employee during employment is developed by the Company through substantial expenditures of time, effort, and financial resources, and constitutes valuable and unique property of the Company. Employee acknowledges, understands, and agrees that the foregoing makes it necessary for the protection of the Company’s business that Employee does not divert business of the Company’s customers from the Company and that he or she maintain the confidentiality and integrity of Confidential Information and Trade Secrets.

Appears in 4 contracts

Samples: Performance Share Award Agreement (Fifth Third Bancorp), Restricted Stock Unit Grant Agreement (Fifth Third Bancorp), Restricted Stock Unit Grant Agreement (Fifth Third Bancorp)

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