Common use of Acknowledgments by the Employee Clause in Contracts

Acknowledgments by the Employee. The Employee acknowledges that (a) during the Employment Period and as a part of his employment, the Employee will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Company and its business; (c) because the Employee possesses substantial technical expertise and skill with respect to the Company's business, the Company desires to obtain exclusive ownership of each Employee Invention, and the Company will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; and (d) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Company with exclusive ownership of all Employee Inventions.

Appears in 12 contracts

Samples: Employment Agreement (Birch Telecom Inc /Mo), Employment Agreement (Birch Telecom Inc /Mo), Employment Agreement (Birch Telecom Inc /Mo)

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Acknowledgments by the Employee. The Employee acknowledges that (a) during the Employment Period and as a part of his employment, the Employee will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Company Employer and its business; (c) because the Employee possesses substantial technical expertise and skill with respect to the CompanyEmployer's business, the Company Employer desires to obtain exclusive ownership of each Employee Invention, and the Company Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; and (d) the provisions of this Section 7 6 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Company Employer with exclusive ownership of all Employee Inventions.

Appears in 11 contracts

Samples: Employment Agreement (Newmark Homes Corp), Employment Agreement (Newmark Homes Corp), Employment Agreement (Newmark Homes Corp)

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