Common use of Non-Competition and Non-Solicitation of Employees Clause in Contracts

Non-Competition and Non-Solicitation of Employees. Executive recognizes and agrees that: (1) the Company would not have entered into this Agreement and agreed to provide Executive the compensation and benefits listed in Article II or the Confidential Information referenced in Article VI.A, but for Executive agreeing to the terms of this Article IV.C; (2) the Company has devoted a considerable amount of time, effort, and expense to develop its Confidential Information and business goodwill; (3) the Confidential Information and the Company’s business goodwill are valuable assets to the Company and give the Company a competitive advantage over others who do not have this information; and (4) any unauthorized use or disclosure of the Company’s Confidential Information and/or damage to the Company’s business goodwill would cause irreparable harm to the Company for which there is no adequate remedy at law. For these reasons, Executive agrees that to protect the Company’s Confidential Information and/or business goodwill, it is necessary to enter into the following restrictive covenants. For these reasons, during the Restricted Period (defined below) and within the Restricted Area (defined below), Executive agrees that:

Appears in 4 contracts

Samples: Executive Employment Agreement (Uncommon Giving Corp), Executive Employment Agreement (Uncommon Giving Corp), Executive Employment Agreement (Uncommon Giving Corp)

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