Common use of Interference with Customers, Suppliers and Other Business Partners Clause in Contracts

Interference with Customers, Suppliers and Other Business Partners. Executive acknowledges that Employer’s tenant and customer base and leasing and sales strategies for such tenants and customers, its suppliers and purchasing strategies for such suppliers, and its other business arrangements have been developed through substantial effort and expense, and its nonpublic business information regarding these tenants, customers, suppliers and other business partners is confidential and constitutes trade secrets. In addition, because of Executive’s position, Executive understands that Employer will be particularly vulnerable to significant harm from Executive’s use such information for purposes other than to further Employer’s business interests. Accordingly, Executive agrees that during Executive’s employment with Employer, and for a period of twelve (12) months thereafter, Executive will not, either directly or indirectly, separately or in association with others, interfere with, impair, disrupt or damage Employer’s relationship with any of the tenants, customers, suppliers or other business partners of Employer with whom Executive has had contact, or conducted business, by contacting them for the purpose of inducing or encouraging any of them to divert or take away business from Employer.

Appears in 17 contracts

Samples: Executive Employment Agreement (Meruelo Maddux Properties, Inc.), Executive Employment Agreement (Meruelo Maddux Properties, Inc.), Executive Employment Agreement (Meruelo Maddux Properties, Inc.)

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