Common use of Necessity Clause in Contracts

Necessity. In the course of his employment with the Company, Employee may be making use of, acquiring, or adding to the Company’s Protected Information. In addition, Employee’s work for the Company requires Employee be provided access to valuable Protected Information. The Protected Information to which Employee will have access is valuable to the Company and/or its customers and business partners and each party takes steps to maintain the secrecy and confidential nature of these matters, including the regular use of computer passwords, locks, creation and communication of confidentiality policies and procedures, storage limitations and procedures, and other security measures, and requires employees with access to this information to execute agreements similar to this Agreement where possible. Employee acknowledges that the Company will not provide Employee (on a going forward basis) with access to the valuable Protected Information unless Employee executes this Agreement.