Common use of Noncompetition, Secrecy and Inventions Clause in Contracts

Noncompetition, Secrecy and Inventions. (a) Employee specifically acknowledges and agrees that his employment with the Company will bring him in personal contact with accounts and customers of the Company, and will enable him to acquire valuable information as to the nature and character of the business of the Company and the requirements of the accounts and customers of the Company. Employee acknowledges and agrees that in the event he were to become employed by some other employer or enter the same or similar business as the Company on his own or in conjunction with others in competition with the Company, such personal contacts with the customers and accounts of the Company and the knowledge of such valuable information would give to Employee an unfair competitive advantage.