Acknowledgement of Restrictions; Non-Competition; Confidential Information Clause Samples
This clause serves to confirm that the parties recognize and agree to abide by certain restrictions, including non-competition obligations and the protection of confidential information. In practice, it typically prohibits one party from engaging in business activities that compete with the other party for a specified period and geographic area, and requires the safeguarding of sensitive business information acquired during the relationship. The core function of this clause is to protect the legitimate business interests of the parties by preventing unfair competition and unauthorized disclosure of proprietary information.
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Acknowledgement of Restrictions; Non-Competition; Confidential Information. Employee acknowledges and agrees that he has continuing obligations, including without limitation, non-competition, non-solicitation and non-disclosure obligations pursuant to the Confidentiality Agreement. Employee acknowledges and agrees that the provisions (including without limitation, the non-competition, non-solicitation and non-disclosure provisions) of the Confidentiality Agreement are valid, binding and enforceable, and Employee reaffirms his obligation to continue to abide fully and completely with all provisions of the Confidentiality Agreement, including without limitation the non-competition, non-solicitation and non-disclosure provisions, and agrees that nothing in this Agreement shall operate to excuse or otherwise relieve Employee of such obligation.
Acknowledgement of Restrictions; Non-Competition; Confidential Information. Executive acknowledges and agrees that he has continuing non-competition, non-solicitation and non-disclosure obligations pursuant to the Confidentiality Agreement between Executive and the Company. Executive acknowledges and agrees that the non-competition, non-solicitation and non-disclosure provisions of the Confidentiality Agreement are valid, binding and enforceable, and Executive reaffirms his obligation to continue to abide fully and completely with all provisions of the Confidentiality Agreement, including without limitation the non-competition, non-solicitation and non-disclosure provisions, and agrees that nothing in this Agreement shall operate to excuse or otherwise relieve Executive of such obligation.