Acknowledgment of Need for Protection Clause Samples
The Acknowledgment of Need for Protection clause serves to formally recognize that certain information, assets, or interests require safeguarding within the context of the agreement. Typically, this clause is used to establish that both parties agree sensitive data, proprietary technology, or confidential business strategies are valuable and merit protective measures. By including this acknowledgment, the clause lays the groundwork for subsequent confidentiality or security provisions, ensuring both parties are aware of and agree to the necessity of protection, thereby reducing disputes over the importance of safeguarding specific information.
Acknowledgment of Need for Protection. Executive further acknowledges and agrees that it would be virtually impossible for Executive to ignore all knowledge of the Company’s Confidential Information if he were to engage in competition with the Company. It is, therefore, reasonable and proper for the Company to protect against the intentional or inadvertent use of such Confidential Information. Accordingly, Executive agrees that restrictions on competition and soliciting the Company’s customers or employees during his employment under this Agreement and for a reasonable period of time thereafter are appropriate and necessary for the protection of the Company’s Confidential Information, goodwill, and other legitimate business interests.
Acknowledgment of Need for Protection. Employee further acknowledges and agrees that it would be impossible for him to ignore all knowledge of the Confidential Information and goodwill if he were to compete against the Company or the Company Group in the Business. It is, therefore, reasonable and proper for the Company and the Company Group to protect against the intentional or inadvertent use of the Confidential Information and goodwill in competition with them in the Business. Accordingly, Employee agrees that a prohibition against his competing with the Company and the Company Group in the Business or soliciting customers, vendors, employees, or other service providers of the Company or the Company Group during the Term and for a reasonable period of time thereafter within a reasonable geographic area is appropriate and necessary for the protection of the Confidential Information, goodwill, and other legitimate business interests of the Company and the Company Group.
Acknowledgment of Need for Protection. The Employee further acknowledges and agrees that it would be impossible for him to ignore all knowledge of the Company’s Confidential Information and goodwill if he were to compete against the Company in the Business. It is, therefore, reasonable and proper for the Company to protect against the intentional or inadvertent use of the Confidential Information and goodwill in competition with it in the Business. Accordingly, the Employee agrees that a prohibition against his competing with the Company in the Business or soliciting its customers, suppliers, employees, or other service providers during the Term and for a reasonable period of time thereafter within a reasonable geographic area is appropriate and necessary for the protection of the Company’s Confidential Information, goodwill, and other legitimate business interests.
Acknowledgment of Need for Protection. Executive further acknowledges and agrees that it would be virtually impossible for Executive to ignore all knowledge of the Company’s Confidential Information if he were to engage in competition with the Company. It is, therefore, reasonable and proper for the Company to protect against the intentional or inadvertent use of such Confidential Information. Accordingly, Executive agrees that restrictions on competition and soliciting the Company’s customers or employees during his employment under this Agreement and for a reasonable period of time thereafter are appropriate and necessary for the protection of the Company’s Confidential Information, goodwill, and other legitimate business interests. For the avoidance of doubt, Executive acknowledges and agrees that if he violates any of the provisions of Article VII below, he will also inevitably violate Section 6.1 above.
Acknowledgment of Need for Protection. Executive further acknowledges and agrees that it would be impossible for him to ignore all knowledge of the Confidential Information and goodwill if he were to compete against the Company. It is therefore reasonable and proper for the Company to protect against the intentional or inadvertent use of the Confidential Information, including the Company’s trade secrets, and goodwill in competition with it. Accordingly, Executive agrees that a prohibition against his competing with the Company in business or soliciting customers, vendors, employees, or other service providers of the Company during Term and for a reasonable period of time thereafter within a reasonable geographic area is appropriate and necessary for the protection of the Confidential Information, goodwill, and other legitimate business interests of the Company.
Acknowledgment of Need for Protection. Employee further acknowledges and agrees that it would be impossible for him to ignore all knowledge of the Confidential Information and goodwill if he were to compete against the Company or the Company Group in the Business. It is, therefore, reasonable and proper for the Company and the Company Group to protect against the intentional or inadvertent use of the Confidential Information and goodwill in competition with them in the Business. Accordingly, Employee agrees that a prohibition against his competing with the Company and the Company Group in the Business or soliciting customers, vendors, employees, or other service providers of the Company or the Company Group during the Term and for a reasonable period of time thereafter within a reasonable geographic area is appropriate and necessary for the protection of the Confidential Information, goodwill, and other legitimate business interests of the Company and the Company Group. Employee further agrees that compliance with this Agreement shall not cause any hardship on him or prevent him from being able to earn a living or to operate or engage in business not prohibited by this Agreement.