Common use of Employee Acknowledgments Clause in Contracts

Employee Acknowledgments. Employee recognizes and acknowledges that in the course of Employee’s employment it will be necessary for Employee to acquire information which could include, in whole or in part, information concerning the Company’s sales, sales volume, sales methods, sales proposals, customers and prospective customers, suppliers and prospective suppliers, identity, practices and procedures of key purchasing and other personnel in the employ of customers and prospective customers and suppliers and prospective suppliers, amount or kind of customer’s purchases from the Company, research reports, the Company’s computer program, system documentation, special hardware, related software development, the Company’s manuals, methods, ideas, improvements or other confidential or proprietary information belonging to the Company or relating to the Company’s affairs (collectively referred to herein as “Confidential Information”) and that such information is the property of the Company). Employee further agrees that the use, misappropriation or disclosure of the Confidential Information would constitute a breach of trust and could cause irreparable injury to the Company, and it is essential to the protection of the Company’s good will and to the maintenance of the Company’s competitive position that the Confidential Information be kept secret and the Employee agrees not to disclose the Confidential Information to others or use the Confidential Information to Employee’s own advantage or the advantage of others. Employee further recognizes and acknowledges that it is essential for the proper protection of the business of the Company that Employee be restrained from soliciting or inducing any employee of the Company to leave the employ of the Company, or hiring or attempting to hire any employee of the Company.

Appears in 4 contracts

Samples: Employment Agreement (Quantum Materials Corp.), Employment Agreement (Quantum Materials Corp.), Employment Agreement   Employment Agreement (Quantum Materials Corp.)

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Employee Acknowledgments. Employee recognizes and acknowledges that in the course of Employee’s 's employment it will be necessary for Employee to acquire information which could include, in whole or in part, information concerning the Company’s 's sales, sales volume, sales methods, sales proposals, customers and prospective customers, suppliers and prospective suppliers, identity, practices and procedures of key purchasing and other personnel in the employ of customers and prospective customers and suppliers and prospective suppliers, amount or kind of customer’s 's purchases from the Company, research reports, the Company’s 's computer program, system documentation, special hardware, related software development, the Company’s 's manuals, methods, ideas, improvements or other confidential or proprietary information belonging to the Company or relating to the Company’s 's affairs (collectively referred to herein as "Confidential Information") and that such information is the property of the Company). Employee further agrees that the use, misappropriation or disclosure of the Confidential Information would constitute a breach of trust and could cause irreparable injury to the Company, and it is essential to the protection of the Company’s 's good will and to the maintenance of the Company’s 's competitive position that the Confidential Information be kept secret and the Employee agrees not to disclose the Confidential Information to others or use the Confidential Information to Employee’s 's own advantage or the advantage of others. Employee further recognizes and acknowledges that it is essential for the proper protection of the business of the Company that Employee be restrained from soliciting or inducing any employee of the Company to leave the employ of the Company, or hiring or attempting to hire any employee of the Company.

Appears in 1 contract

Samples: Employment Agreement (Quantum Materials Corp.)

Employee Acknowledgments. Employee recognizes and acknowledges that in the course of Employee’s 's employment it will be necessary for Employee to acquire information which could include, in whole or in part, information concerning the Company’s 's original ideas and creative innovations, sales, sales volume, sales methods, sales proposals, customers and prospective customers, suppliers and prospective suppliers, identity, practices and procedures of key purchasing and other personnel in the employ of customers and prospective customers and suppliers and prospective suppliers, amount or kind of customer’s 's purchases from the Company, research reports, the Company’s 's computer program, system documentation, special hardware, related software development, the Company’s 's manuals, methods, ideas, improvements or other confidential or proprietary information belonging to the Company or relating to the Company’s 's affairs (collectively referred to herein as "Confidential Information") and that such information is the property of the Company). Employee further agrees that the use, misappropriation or disclosure of the Confidential Information would constitute a breach of trust and could cause irreparable injury to the Company, and it is essential to the protection of the Company’s 's good will and to the maintenance of the Company’s 's competitive position that the Confidential Information be kept secret and the Employee agrees not to disclose the Confidential Information to others or use the Confidential Information to Employee’s 's own advantage or the advantage of others. Employee further recognizes and acknowledges that it is essential for the proper protection of the business of the Company that Employee be restrained from soliciting or inducing any employee of the Company to leave the employ of the Company, or hiring or attempting to hire any employee of the Company.

Appears in 1 contract

Samples: Employee Agreement (Youblast Global, Inc.)

Employee Acknowledgments. Employee recognizes and acknowledges that in the course of Employee’s 's employment it will be necessary for Employee to acquire information which could include, in whole or in part, information concerning the Company’s 's sales, sales volume, sales methods, sales proposals, customers and prospective customers, suppliers and prospective suppliers, identity, practices and procedures of key purchasing and other personnel in the employ of customers and prospective customers and suppliers and prospective suppliers, amount or kind of customer’s 's purchases from the Company, research reports, the Company’s 's computer program, system documentation, special hardware, related software development, the Company’s 's manuals, methods, ideas, improvements or other confidential or proprietary information belonging to the Company or relating to the Company’s 's affairs (collectively referred to herein as "Confidential Information") and that such information is the property of the Company). Employee further agrees that the use, misappropriation or disclosure of the Confidential Information would constitute a breach of trust and could cause irreparable injury to the Company, and it is essential to the protection of the Company’s 's good will and to the maintenance of the Company’s 's competitive position that the Confidential Information be kept secret and the Employee agrees not to disclose the Confidential Information to others or use the Confidential Information to Employee’s 's own advantage or the advantage of others. Employee further recognizes and acknowledges that it is essential for the proper protection of the business of the Company that Employee be restrained from soliciting or inducing any employee of the Company to leave the employ of the Company, or hiring or attempting to hire any employee of the Company.

Appears in 1 contract

Samples: Employment Agreement (Quantum Materials Corp.)

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Employee Acknowledgments. Employee recognizes and acknowledges that in the course of Employee’s 's employment it will be necessary for Employee to acquire information which could include, in whole or in part, information concerning the Company’s 's sales, sales volume, sales methods, sales proposals, customers and prospective customers, suppliers and prospective suppliers, identity, practices and procedures of key purchasing and other personnel in the employ of customers and prospective customers and suppliers and prospective suppliers, amount or kind of customer’s 's purchases from the Company, research reports, the Company’s 's computer program, system documentation, special hardware, related software development, the Company’s 's manuals, methods, ideas, improvements improvements, trade secrets, intellectual property or other confidential or proprietary information belonging to the Company or relating to the Company’s 's affairs (collectively referred to herein as "Confidential Information") and that such information is the property of the Company). Employee further agrees that the use, misappropriation or disclosure of the Confidential Information would constitute a breach of trust and could cause irreparable injury to the Company, Company and it is essential to the protection of the Company’s 's good will and to the maintenance of the Company’s 's competitive position that the Confidential Information be kept secret and the Employee agrees not to disclose the Confidential Information to others or use the Confidential Information to Employee’s 's own advantage or the advantage of others. Employee further recognizes and acknowledges that it is essential for the proper protection of the business of the Company that Employee be restrained from soliciting or inducing any employee of the Company to leave the employ of the Company, or hiring or attempting to hire any employee of the Company.

Appears in 1 contract

Samples: Employment Agreement (Cybergy Holdings, Inc.)

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