Common use of Inevitable Disclosure Clause in Contracts

Inevitable Disclosure. The parties specifically acknowledge and agree that the provisions of this agreement are reasonable in light of the fact that, in the event that Grantee would become employed or otherwise associated with a competitor of the Cardinal Group, it would be inevitable that Grantee would disclose Confidential Information, Trade Secrets or Other Business Sensitive Information as defined above to such competitor. The parties acknowledge and agree that Grantee has been introduced by the Cardinal Group to such Confidential Information, Trade Secrets or Other Business Sensitive Information as defined above and that such information would aid the competitor and that the threat of such inevitable disclosure is so great that, for purposes of this agreement, it must be assumed that such disclosure would occur.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Cardinal Health Inc), Nonqualified Stock Option Agreement (Cardinal Health Inc), Nonqualified Stock Option Agreement (Cardinal Health Inc)

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Inevitable Disclosure. The parties specifically acknowledge and agree that the provisions of this agreement Agreement are reasonable in light of the fact that, in the event that Grantee would become employed or otherwise associated with a competitor of the Cardinal Group, it would be inevitable that Grantee would disclose Confidential Information, Trade Secrets or Other Business Sensitive Information as defined above to such competitor. The parties acknowledge and agree that Grantee has been introduced by the Cardinal Group to such Confidential Information, Trade Secrets or Other Business Sensitive Information as defined above and that such information would aid the competitor and that the threat of such inevitable disclosure is so great that, for purposes of this agreementAgreement, it must be assumed that such disclosure would occur.

Appears in 2 contracts

Samples: Restricted Share Units Agreement (Cardinal Health Inc), Restricted Share Units Agreement (Cardinal Health Inc)

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Inevitable Disclosure. The parties specifically acknowledge and agree that the provisions of this agreement are reasonable in light of the fact that, in the event that Grantee would become employed or otherwise associated with a competitor of the Cardinal Group, it would be inevitable that Grantee would disclose Confidential Informationtrade secrets, Trade Secrets or Other Business Sensitive Information as defined above confidential information, and/or other business sensitive information to such competitor. The parties acknowledge and agree that Grantee has been introduced by the Cardinal Group to such Confidential Informationtrade secrets, Trade Secrets or Other Business Sensitive Information as defined above confidential information, and/or other business sensitive information and that such information would aid the competitor and that the threat of such inevitable disclosure is so great that, for purposes of this agreement, it must be assumed that such disclosure would occur.

Appears in 1 contract

Samples: Employment Agreement (Cardinal Health Inc)

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