Common use of Position of Trust and Confidence Clause in Contracts

Position of Trust and Confidence. In reliance upon Executive’s promises in this Agreement, the Company agrees that Executive shall be provided employment with the Company in a position of special trust and confidence that involves access to the Company’s Confidential Information (defined below) and relationships that would give Executive an unfair competitive advantage if it were not for Executive’s agreement to comply with the terms of this Agreement. Executive accepts all of the terms and conditions contained in this Agreement in exchange for the Company’s agreement to provide Executive with: the above-described employment, access to the Company’s Confidential Information, eligibility to participate in the Company’s Executive Separation Policy (or any successor or similar policy maintained by the Company for the benefit of similarly situated employees), and/or the Company’s remaining covenants in this Agreement. Executive stipulates that each of the foregoing items is independently sufficient consideration to support this Agreement standing alone.

Appears in 8 contracts

Samples: Non Competition, Non Solicitation, Confidentiality, and Arbitration Agreement (Republic Services, Inc.), Non Competition, Non Solicitation, and Confidentiality Agreement (Republic Services, Inc.), Non Competition, Non Solicitation, Confidentiality, and Arbitration Agreement (Republic Services, Inc.)

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