Common use of Unfair Business Practices Clause in Contracts

Unfair Business Practices. Professional research and development activity may be susceptible to unfair or questionable business practices. For example, Confidential Information can be misappropriated and valuable documents can be copied and taken for improper purposes. Industrial espionage can be a serious concern for businesses that depend on sensitive technology for commercial success. Employees working for companies engaged in research and development can be targets of, or participants in, unfair business practices, because of the special attractiveness of the advanced technology, computer programs, product development strategies, and business opportunities they come to know by virtue of their employment. It would be unfair for a former employee or contractor of Employer to recruit personnel directly from the ranks of Employer's own employees by using connections and inside information previously acquired from Employer. Employer puts great emphasis on selecting, training, and promoting talented individuals for positions of significant responsibility. The time, effort, and capital invested by Employer in its work force should not be diverted by someone operating on an inside track. In addition, it would be unfair for individuals still employed by Employer to form and pursue a competitive business while receiving wages and other benefits from Employer.

Unfair Business Practices. Professional research and development activity Employment activities at computer software companies such as BINDVIEW may be susceptible to unfair or questionable business practices. For example, Confidential Information Trade Secrets and other confidential information can be misappropriated and valuable documents can be copied and taken for improper purposes. Industrial espionage can be a serious concern for businesses that depend on sensitive technology for commercial success. Employees working for at such companies engaged in research and development can be targets of, or participants in, unfair business practices, because of the special attractiveness of the advanced technology, computer programs, product development strategies, and business opportunities they come to know by virtue of their employment. It would be unfair for a former employee or contractor of Employer BINDVIEW to recruit personnel directly from the ranks of EmployerBINDVIEW's own employees by using connections and inside information previously acquired from EmployerBINDVIEW. Employer BINDVIEW puts great emphasis on selecting, training, and promoting talented individuals for positions of significant responsibility. The time, effort, and capital invested by Employer BINDVIEW in its work force should not be diverted by someone operating on an inside track. In addition, it would be unfair for individuals still employed by Employer BINDVIEW to form and pursue a competitive business while receiving wages and other benefits from EmployerBINDVIEW.

Unfair Business Practices. Professional research and development activity Employment activities at computer software companies such as BlNDVIEW may be susceptible to unfair or questionable business practices. For example, Confidential Information Trade Secrets and other confidential information can be misappropriated and valuable documents can be copied and taken for improper purposes. Industrial espionage can be a serious concern for businesses that depend on sensitive technology for commercial success. Employees working for at such companies engaged in research and development can be targets of, or participants in, unfair business practices, because of the special attractiveness of the advanced technology, computer programs, product development strategies, and business opportunities they come to know by virtue of their employment. It would be unfair for a former employee or contractor of Employer BINDVIEW to recruit personnel directly from the ranks of EmployerBINDVIEW's own employees by using connections and inside information previously acquired from EmployerBINDVIEW. Employer BINDVIEW puts great emphasis on selecting, training, and promoting talented individuals for positions of significant responsibility. The time, effort, and capital invested by Employer BINDVIEW in its work force should not be diverted by someone operating on an inside track. In addition, it would be unfair for individuals still employed by Employer BINDVIEW to form and pursue a competitive business while receiving wages and other benefits from EmployerBINDVIEW.