Common use of Employee's Acknowledgment Clause in Contracts

Employee's Acknowledgment. Employee acknowledges that Employee is aware that Employee may be subject to severe criminal penalties (including fines and lengthy imprisonment) under both federal and state law, including Title 18, Sections 1831, et. seq. of the United States Code (The Economic Espionage Act of 1996) and Section 812.081, Florida Statutes, as well as substantial civil liability, for (i) stealing, or without Employer's permission, taking, misappropriating or concealing, or by fraud or deception procuring, trade secrets, as defined therein, or (ii) without Employer's permission, receiving, possessing, altering, destroying, copying, sending, downloading, uploading or conveying trade secrets or other Confidential Information. Employee further acknowledges that any person or entity to whom trade secrets or other Confidential Information are given by Employee may also become subject to severe criminal penalties and civil liability.

Appears in 5 contracts

Samples: Employment Agreement (Tradestation Group Inc), Agreement and Plan of Merger and Reorganization (Onlinetradinginc Com Corp), Employment Agreement (Tradestation Group Inc)

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Employee's Acknowledgment. Employee acknowledges that Employee is aware that Employee may be subject to severe criminal penalties (including fines and lengthy imprisonment) under both federal and state law, including Title 18, Sections 1831, et. seq. of the United States Code (The Economic Espionage Act of 1996) and Section 812.081, Florida Statutes, as well as substantial civil liability, for (i) stealing, or without Employer's permission, taking, misappropriating or concealing, or by fraud or deception procuring, trade secrets, as defined therein, or (ii) without EmployerEmployee's permission, receiving, possessing, altering, destroying, copying, sending, downloading, uploading or conveying trade secrets or other Confidential Information. Employee further acknowledges that any person or entity to whom trade secrets or other Confidential Information are given by Employee may also become subject to severe criminal penalties and civil liability.

Appears in 1 contract

Samples: Employment Agreement (Tradestation Group Inc)

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