Common use of Factual Background Clause in Contracts

Factual Background. The Company will invest considerable time, effort and capital in enhancing the value and desirability of Employee's skills and services. Both this investment by the Company and Employee's compensation hereunder reflect the Company's expectation of receiving a considerable return from the exclusive use of Employee's expertise in the future, free of any danger that the Company's competitors may usurp Employee's special abilities prematurely. In addition, by virtue of Employee's employment with the Company in a position of confidence and trust, Employee may obtain access from time to time to Trade Secrets and Confidential Information, which could prove difficult to isolate from Employee's business activities and to protect from possible misuse in the event that Employee's employment with the Company has ended.

Factual Background. The Company will invest considerable time, effort and capital in enhancing the value and desirability of Employee's skills and services. Both this investment by the Company and Employee's compensation hereunder reflect the Company's expectation of receiving a considerable return from the exclusive use of Employee's expertise in the future, free of any danger that competitors of the Company's competitors Company or the Division may usurp Employee's special abilities prematurely. In addition, by virtue of Employee's employment with the Company in a position of confidence and trust, Employee may obtain access from time to time to Trade Secrets and Confidential Information, which could prove difficult to isolate from Employee's business activities and to protect from possible misuse in the event that Employee's employment with the Company has ended.