Potential Unfair Competition Sample Clauses
The Potential Unfair Competition clause is designed to prevent parties from engaging in business practices that could be considered unfair or detrimental to the other party’s competitive position. Typically, this clause restricts one or both parties from using confidential information, trade secrets, or other proprietary knowledge gained during the relationship to compete directly or indirectly with the other party. For example, it may prohibit a former employee from starting a similar business or soliciting clients for a certain period after leaving. The core function of this clause is to protect legitimate business interests and maintain fair competition by reducing the risk of misuse of sensitive information or relationships.
Potential Unfair Competition. Executive acknowledges and agrees that as a result of Executive’s employment with Employer, Executive’s knowledge of and access to Confidential Information, and relationships with Employer’s customers and employees, Executive would have an unfair competitive advantage if Executive were to engage in activities in violation of this Agreement.
Potential Unfair Competition. Participant acknowledges and agrees that as a result of his/her employment with the Company, his/her knowledge of and access to Confidential Information, and his/her relationships with the Company’s customers and employees, Participant would have an unfair competitive advantage if Participant were to engage in activities in violation of this Agreement.
Potential Unfair Competition. Employee acknowledges and agrees that as a result of Employee’s employment with Employer, Employee’s knowledge of and access to Confidential Information, and Employee’s relationships with Employer’s customers and employees, Employee would have an unfair competitive advantage if Employee were to engage in activities in violation of this Agreement.
Potential Unfair Competition. I acknowledge and agree that, as a result of my receipt of Confidential Information, my role at UPS, and my relationships with UPS customers and/or employees, I would have an unfair competitive advantage if I were to violate this Agreement.
Potential Unfair Competition. Executive acknowledges and agrees that, as a result of his receipt of Confidential Information, his role at UPS, and his relationships with UPS customers and employees, Executive would have an unfair competitive advantage if Executive were to violate this Agreement.
Potential Unfair Competition. Employee acknowledges and agrees that as a result of his employment with the Bank, his knowledge of and access to Confidential Information, and his relationships with CBS's customers and employees, Employee would have an unfair competitive advantage if Employee were to engage in activities in violation of this Agreement.
Potential Unfair Competition. Feehan acknowledges and agrees that as a result of his employment with the Company, his knowledge of and access to Confidential Information, and his relationships with the Company’s customers and employees, Feehan would have an unfair competitive advantage if Feehan were to engage in activities in violation of this Section 8.
Potential Unfair Competition. ▇▇▇▇▇▇ acknowledges and agrees that as a result of his employment with the Company, his knowledge of and access to Confidential Information, and his relationships with the Company’s customers and employees, ▇▇▇▇▇▇ would have an unfair competitive advantage if ▇▇▇▇▇▇ were to engage in activities in violation of this Section 8.
Potential Unfair Competition. Associate acknowledges and agrees that as a result of Associate’s employment with the Company, knowledge of and access to Confidential Information, and relationships with the Company’s customers, franchisees and Associates, Associate would have an unfair competitive advantage if Associate were to engage in activities in violation of the covenants set forth in this Agreement. Associate further acknowledges and agrees that such covenants are reasonable and necessary to protect the Company’s legitimate business interests.
Potential Unfair Competition. Unitholder acknowledges and agrees that as a result of the consideration he/she is receiving in connection with the Transaction, his/her knowledge of and access to Confidential Information, and his/her relationships with the Company’s Customers and employees, he/she would have an unfair competitive advantage if he/she were to engage in activities in violation of this Agreement.