Common use of Non-Disclosure Covenants Clause in Contracts

Non-Disclosure Covenants. Employee acknowledges that as an integral part of the Company's business, the Companies have developed, and will develop, at a considerable investment of time and expense, plans, procedures, methods of operation, methods of production, financial data, lists of actual and potential customers, suppliers, marketing strategies, plans for development and expansion, customer and supplier data, and other confidential and sensitive information, and Employee acknowledges that the Companies have legitimate business interest in protecting the confidentiality of such information. Employee acknowledges that as President/CEO for the Companies, he will be entrusted with such information. Employee, therefore, acknowledges a continuing responsibility with respect to the protection of the information and agrees:

Appears in 2 contracts

Samples: Employment Agreement (Satx Inc), Employment Agreement (Satx Inc)

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Non-Disclosure Covenants. Employee acknowledges that as an integral part of the Company's business, the Companies have Company has developed, and will develop, at a considerable investment of time and expense, plans, procedures, methods of operation, methods of production, financial data, lists of actual and potential customers, suppliers, marketing strategies, plans for development and expansion, customer and supplier data, and other confidential and sensitive information, and Employee acknowledges that the Companies have Company has legitimate business interest in protecting the confidentiality of such information. Employee acknowledges that as PresidentCOO/CEO CFO for the CompaniesCompany, he will be entrusted with such information. Employee, therefore, acknowledges a continuing responsibility with respect to the protection of the information and agrees:

Appears in 2 contracts

Samples: Employment Agreement (Satx Inc), Employment Agreement (Satx Inc)

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