Acknowledgement Clause Example with 6 Variations from Business Contracts

This page contains Acknowledgement clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Acknowledgement. Executive acknowledges and agrees that: A. The geographic and duration restrictions contained in Sections 4 and 5 of this Agreement are fair, reasonable, and necessary to protect the Company's legitimate business interests and trade secrets, given the geographic scope of the Company's business operations, the competitive nature of the Company's business, and the nature of Executive's position with the Company; B. Executive's employment creates a relationship of confidence and trust between Execu...tive and the Company with respect to the Confidential Information, and Executive will have access to Confidential Information (including but not limited to trade secrets) that would be valuable or useful to the Company's competitors; C. The Company's Confidential Information is a valuable asset of the Company, and any violation of the restrictions set forth in this Agreement would cause substantial injury to the Company; D. The restrictions contained in this Agreement will not unreasonably impair or infringe upon Executive's right to work or earn a living after Executive's employment with the Company ends; and E. This Agreement is a contract for the protection of trade secrets under applicable law and is intended to protect the Confidential Information (including trade secrets) identified above. View More

Variations of a "Acknowledgement" Clause from Business Contracts

Acknowledgement. Executive acknowledges and agrees that: A. The geographic and duration restrictions contained in Sections 4 and 5 of this Agreement are fair, reasonable, and necessary to protect the Company's legitimate business interests and trade secrets, given the geographic scope of the Company's business operations, the competitive nature of the Company's business, and the nature of Executive's position with the Company; B. Executive's employment creates a relationship of confidence and trust between Execu...tive and the Company with respect to the Confidential Information, and Executive will have access to Confidential Information (including but not limited to trade secrets) that would be valuable or useful to the Company's competitors; C. The Company's Confidential Information is a valuable asset of the Company, and any violation of the restrictions set forth in this Agreement would cause substantial injury to the Company; D. The restrictions contained in this Agreement will not unreasonably impair or infringe upon Executive's right to work or earn a living after Executive's employment with the Company ends; and E. This Agreement is a contract for the protection of trade secrets under applicable law and is intended to protect the Confidential Information (including trade secrets) identified above. 5 7. "BLUE PENCIL" AND SEVERABILITY PROVISION. If a court of competent jurisdiction declares any provision of this Agreement invalid, void, voidable, or unenforceable, the court shall reform such provision(s) to render the provision(s) enforceable, but only to the extent absolutely necessary to render the provision(s) enforceable and only in view of the parties' express desire that the Company be protected to the greatest possible extent under applicable law from improper competition and the misuse or disclosure of trade secrets and Confidential Information. To the extent such a provision (or portion thereof) may not be reformed so as to make it enforceable, it may be severed and the remaining provisions shall remain fully enforceable. View More
Acknowledgement. Executive Employee acknowledges and agrees that: A. The geographic and duration restrictions contained in Sections 4 and 5 of this Agreement are fair, reasonable, and necessary to protect the Company's legitimate business interests and trade secrets, given the geographic scope of the Company's business operations, the competitive nature of the Company's business, and the nature of Executive's Employee's position with the Company; B. Executive's Employee's employment creates a relationship of con...fidence and trust between Executive Employee and the Company with respect to the Confidential Information, and Executive Employee will have access to Confidential Information (including but not limited to trade secrets) that would be valuable or useful to the Company's competitors; C. The Company's Confidential Information is a valuable asset of the Company, and any violation of the restrictions set forth in this Agreement would cause substantial injury to the Company; D. The restrictions contained in this Agreement will not unreasonably impair or infringe upon Executive's Employee's right to work or earn a living after Executive's Employee's employment with the Company ends; ends, but Employee is prepared for the possibility that his/her standard of living may be reduced during the Restricted Period and assumes and accepts any risk associated with that possibility; and Employment Agreement: Jensen, Greg Please initial each page: ___ Page 4 E. This Agreement is a contract for the protection of trade secrets under applicable law and is intended to protect the Confidential Information (including trade secrets) identified above. View More
Acknowledgement. Executive Employee acknowledges and agrees that: A. The geographic and duration restrictions contained in Sections Paragraphs 4 and 5 of this Agreement are fair, reasonable, and necessary to protect the Company's legitimate business interests and trade secrets, given the geographic scope of the Company's business operations, the competitive nature of the Company's business, and the nature of Executive's Employee's position and duties with the Company; B. Executive's Employee's employment creates... a relationship of confidence and trust between Executive Employee and the Company with respect to the Confidential Information, and Executive Employee will have access to Confidential Information (including but not limited to trade secrets) that would be valuable or useful to the Company's competitors; C. The Company's Confidential Information is a valuable asset of the Company, and any violation of the restrictions set forth in this Agreement would cause substantial injury to the Company; D. The restrictions contained in this Agreement will not unreasonably impair or infringe upon Executive's Employee's right to work or earn a living after Executive's Employee's employment with the Company ends; ends, but Employee is prepared for the possibility that his standard of living may be reduced during the Restricted Period and assumes and accepts any risk associated with that possibility; and E. This Agreement is a contract for the protection of trade secrets under applicable law and is intended to protect the Confidential Information (including trade secrets) identified above. View More
Acknowledgement. Executive Employee acknowledges and agrees that: A. The geographic and duration restrictions contained in Sections Paragraphs 4 and 5 of this Agreement are fair, reasonable, and necessary to protect the Company's legitimate business interests and trade secrets, given the geographic scope of the Company's business operations, the competitive nature of the Company's business, and the nature of Executive's Employee's position with the Company; B. Executive's Employee's employment creates a relation...ship of confidence and trust between Executive Employee and the Company with respect to the Confidential Information, and Executive Employee will have access to Confidential Information (including but not limited to trade secrets) that would be valuable or useful to the Company's competitors; C. The Company's Confidential Information is a valuable asset of the Company, and any violation of the restrictions set forth in this Agreement would cause substantial injury to the Company; RGB, MRM, KJL INITIALS 5 D. The restrictions contained in this Agreement will not unreasonably impair or infringe upon Executive's Employee's right to work or earn a living after Executive's Employee's employment with the Company ends; and E. This Agreement is a contract for the protection of trade secrets under applicable law and is intended to protect the Confidential Information (including trade secrets) identified above. View More
Acknowledgement. Executive Employee acknowledges and agrees that: A. The geographic and duration restrictions contained in Sections Paragraphs 4 and 5 of this Agreement are fair, reasonable, and necessary to protect the Company's legitimate business interests and trade secrets, given the geographic scope of the Company's business operations, the competitive nature of the Company's business, and the nature of Executive's Employee's position with the Company; 4 B. Executive's Employee's employment creates a relati...onship of confidence and trust between Executive Employee and the Company with respect to the Confidential Information, and Executive Employee will have access to Confidential Information (including but not limited to trade secrets) that would be valuable or useful to the Company's competitors; C. The Company's Confidential Information is a valuable asset of the Company, and any violation of the restrictions set forth in this Agreement would cause substantial injury to the Company; D. The restrictions contained in this Agreement will not unreasonably impair or infringe upon Executive's Employee's right to work or earn a living after Executive's Employee's employment with the Company ends; and E. This Agreement is a contract for the protection of trade secrets under applicable law and is intended to protect the Confidential Information (including trade secrets) identified above. View More
Acknowledgement. Executive Employee acknowledges and agrees that: A. The geographic and duration restrictions contained in Sections Paragraphs 4 and 5 of this Agreement are fair, reasonable, and necessary to protect the Company's legitimate business interests and trade secrets, given the geographic scope of the Company's business operations, the competitive nature of the Company's business, and the nature of Executive's Employee's position with the Company; B. Executive's Employee's employment creates a relation...ship of confidence and trust between Executive Employee and the Company with respect to the Confidential Information, and Executive Employee will have access to Confidential Information (including but not limited to trade secrets) that would be valuable or useful to the Company's competitors; C. The Company's Confidential Information is a valuable asset of the Company, and any violation of the restrictions set forth in this Agreement would cause substantial injury to the Company; D. The restrictions contained in this Agreement will not unreasonably impair or infringe upon Executive's Employee's right to work or earn a living after Executive's Employee's employment with the Company ends; and E. This Agreement is a contract for the protection of trade secrets under applicable law and is intended to protect the Confidential Information (including trade secrets) identified above. View More