Common use of Employee’s Acknowledgments Clause in Contracts

Employee’s Acknowledgments. (a) The Employee understands and acknowledges that because of the confidential and sensitive nature of the information to which the Employee will have access during the course of his employment with the Company, any unauthorized use, disclosure or misappropriation of such information will cause irreparable damage to the Company. (b) The Employee acknowledges that the Company has expended considerable resources to develop the confidential information and the relationships that the Company enjoys with its customers, suppliers, employees, officers and other agents, and these assets of the Company are critical to the business of the Company. The Employee agrees that the restrictions set forth below are necessary to prevent even the inadvertent disclosure of this confidential information or the interference with these relationships and to protect the legitimate business interests of the Company and are reasonable in scope and content.

Appears in 12 contracts

Samples: Confidentiality and Non Compete Agreement, Confidentiality and Non Compete Agreement, Employee Confidential Information and Noncompetition Agreement (Heartland Payment Systems Inc)

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