Common use of Access to Proprietary Information Clause in Contracts

Access to Proprietary Information. Executive acknowledges that the special relationship of trust and confidence between him, Employer, and its clients and customers creates a high risk and opportunity for Executive to misappropriate the relationship and goodwill existing between Employer and its clients and customers. Executive further acknowledges and agrees that it is fair and reasonable for Employer to take steps to protect itself from the risk of such misappropriation. Executive further acknowledges that, at the outset of his employment with Employer and/or throughout his employment with Employer, Executive has been or will be provided with access to and informed of Employer's Proprietary Information, which will enable him to benefit from Employer's goodwill and know-how.

Access to Proprietary Information. The Executive acknowledges that the special relationship of trust and confidence between him, the Employer, and its clients and customers creates a high risk and opportunity for the Executive to misappropriate the relationship and goodwill existing between the Employer and its clients and customers. The Executive further acknowledges and agrees that it is fair and reasonable for the Employer to take steps to protect itself from the risk of such misappropriation. The Executive further acknowledges that, at the outset of his employment with the Employer and/or throughout his employment with the Employer, the Executive has been or will be provided with access to and informed of the Employer's Proprietary Information, which will enable him to benefit from the Employer's goodwill and know-how.