Common use of Recognition of Nucor’s Legitimate Interests Clause in Contracts

Recognition of Nucor’s Legitimate Interests. Employee understands and ------------------------------------------- acknowledges that Nucor and its affiliates compete in North America in the research, manufacture, marketing, sale and distribution of steel and steel products, including but not limited to flat-rolled steel, steel shapes, structural steel, steel plate, steel joists and girders, steel deck, steel fasteners, and metal building systems. As part of Employee's employment with Nucor, Employee will be provided significant Confidential Information by Nucor (as defined below). In addition, Employee will have direct contact with Nucor's customers, in which capacity he is expected to develop good relationships with such customers. Employee acknowledges that Nucor's competitors would obtain an unfair advantage if Employee disclosed the Confidential Information to a competitor, used it in a competitor's behalf, or if he were able to exploit the relationships he developed as an employee of Nucor to solicit business on behalf of a competitor.

Appears in 6 contracts

Samples: Executive Employment Agreement (Nucor Corp), Executive Employment Agreement (Nucor Corp), Employment Agreement (Nucor Corp)

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Recognition of Nucor’s Legitimate Interests. Employee understands and ------------------------------------------- acknowledges that Nucor and its affiliates compete in North America in the research, manufacture, marketing, sale and distribution of steel and steel products, including but not limited to flat-rolled steel, steel shapes, structural steel, steel plate, steel joists and girders, steel deck, steel fasteners, and metal building systems. As part of Employee's ’s employment with Nucor, Employee will be provided significant Confidential Information by Nucor (as defined below). In addition, Employee will have direct contact with Nucor's ’s customers, in which capacity he is expected to develop good relationships with such customers. Employee acknowledges that Nucor's ’s competitors would obtain an unfair advantage if Employee disclosed the Confidential Information to a competitor, used it in a competitor's ’s behalf, or if he were able to exploit the relationships he developed as an employee of Nucor to solicit business on behalf of a competitor.

Appears in 1 contract

Samples: Agreement (Nucor Corp)

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