Common use of Restriction Against Competition Clause in Contracts

Restriction Against Competition. Employee acknowledges that he is being employed in a position of trust and confidence and will have access to and become familiar with the unique methods, services and procedures used by the Corporation and that as part of Employee's duties, he will develop and maintain close working relationships with vendors, customers and employees of the Corporation and its subsidiaries. Employee further acknowledges that the Corporation and its subsidiaries, over the years, through goodwill, advertising, honest business methods and aggressive promotion, have built a lucrative business and obtained loyal vendors and customers. Employee further acknowledges that disclosure or use of any of the Corporation's confidential or proprietary information, trade secrets or other information relating to the operation of the business of the Corporation or its subsidiaries could have a serious detrimental effect upon the Corporation, the monetary loss from which would be difficult, if not impossible, to measure. In consequence of the foregoing, Employee agrees:

Appears in 3 contracts

Samples: Employment Agreement (Winland Electronics Inc), Employment Agreement (Winland Electronics Inc), Employment Agreement (Winland Electronics Inc)

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Restriction Against Competition. Employee acknowledges that he is being employed in a position of trust and confidence and will have access to and become familiar with the unique methods, services and procedures used by the Corporation and that as part of Employee's duties, he will develop and maintain close working relationships with vendors, customers and employees of the Corporation and its subsidiaries. Employee further acknowledges that the Corporation and its subsidiaries, over the years, through goodwill, advertising, honest business methods and aggressive promotion, have built a lucrative business and obtained loyal vendors and customers. Employee further acknowledges that disclosure or use of any of the Corporation's confidential or proprietary information, trade secrets or other information relating to the operation of the business of the Corporation or its subsidiaries or use of or access to such information by the Corporation's competitors, could have a serious detrimental effect upon the Corporation, the monetary loss from which would be difficult, if not impossible, to measure. In consequence of the foregoing, Employee agrees:

Appears in 3 contracts

Samples: Employment Agreement (Winland Electronics Inc), Employment Agreement (Winland Electronics Inc), Employment Agreement (Winland Electronics Inc)

Restriction Against Competition. Employee acknowledges that he she is being employed in a position of trust and confidence and will have access to and become familiar with the unique methods, services and procedures used by the Corporation and that as part of Employee's duties, he she will develop and maintain close working relationships with vendors, customers and employees of the Corporation and its subsidiaries. Employee further acknowledges that the Corporation and its subsidiaries, over the years, through goodwill, advertising, honest business methods and aggressive promotion, have built a lucrative business and obtained loyal vendors and customers. Employee further acknowledges that disclosure or use of any of the Corporation's confidential or proprietary information, trade secrets or other information relating to the operation of the business of the Corporation or its subsidiaries could have a serious detrimental effect upon the Corporation, the monetary loss from which would be difficult, if not impossible, to measure. In consequence of the foregoing, Employee agrees:

Appears in 1 contract

Samples: Employment Agreement (Winland Electronics Inc)

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Restriction Against Competition. Employee acknowledges that he she is being employed in a position of trust and confidence and will have access to and become familiar with the unique methods, services and procedures used by the Corporation and that as part of Employee's ’s duties, he she will develop and maintain close working relationships with vendors, customers and employees of the Corporation and its subsidiaries. Employee further acknowledges that the Corporation and its subsidiaries, over the years, through goodwill, advertising, honest business methods and aggressive promotion, have built a lucrative business and obtained loyal vendors and customers. Employee further acknowledges that disclosure or use of any of the Corporation's ’s confidential or proprietary information, trade secrets or other information relating to the operation of the business of the Corporation or its subsidiaries could have a serious detrimental effect upon the Corporation, the monetary loss from which would be difficult, if not impossible, to measure. In consequence of the foregoing, Employee agrees:

Appears in 1 contract

Samples: Employment Agreement (Winland Electronics Inc)

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