ConfidentialityNonSolicitationandNonCompetitionAgreement保密及不竞争条约doc.docx

ConfidentialityNonSolicitationandNonCompetitionAgreement保密及不竞争条约doc.docx

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ConfidentialityNonSolicitationandNonCompetitionAgreement保密及不竞争条约doc

Confidentiality,Non-SolicitationandNon-CompetitionAgreement保密及不竞争协议-

CONFIDENTIALITY,NON-SOLICITATIONANDNON-COMPETITIONAGREEMENT,effectiveasofthedateprovidedbelow,byandbetween,AAA,INC.（theCompany）and_________（Executive）.

TheCompanyhasenteredintoamergeragreementpursuanttowhichtheCompanywillbecomeasubsidiaryofaindirectwholly-ownedsubsidiaryofTycoInternationalLtd.（theMergerAgreement）.TheCompanywishestoprotecttheconfidentialinformationoftheCompanyandtoprotectagainsttheExecutiveusinghisskills,knowledge,experience,ideasandinfluenceforthebenefitofacompetitoroftheCompany.ExecutiveiswillingtoenterintoanagreementtoprovidesuchprotectiontotheCompanyuponthetermsandconditionssetforthinthisAgreement.Inconsiderationoftheforegoingandthemutualagreementshereincontained,the,partiesagreeasfollows.

1.CONFIDENTIALITY,NON-COMPETITION.

（a）Executiveacknowledgesthat:

thebusinessofdesigning,manufacturingandsupplyingpre-wiredarmoredcablesasconductedbytheCompanyanditssubsidiaries（theBusiness）isintenselycompetitiveandExecutive’sformerandcurrentpositionwiththeCompanyhasexposed,andwillcontinuetoexpose,ExecutivetoknowledgeofconfidentialinformationoftheCompany;thedirectandindirectdisclosureofanysuchconfidentialinformationtoexistingorpotentialcompetitorsoftheCompanywouldplacetheCompanyatacompetitivedisadvantageandwoulddodamage,monetaryorotherwise,totheCompany’sBusiness;andtheengagingbyExecutiveinanyoftheactivitiesprohibitedbythisAgreementmayconstituteimproperappropriationand/oruseofsuchinformationandtradesecrets.ExecutiveexpresslyacknowledgesthetradesecretstatusoftheconfidentialinformationandthattheconfidentialinformationconstitutesaprotectablebusinessinterestoftheCompany.

（b）ForpurposesofthisAgreement,theCompanyshallbeconstruedtoincludetheCompanyanditscurrentandfuturesubsidiariesandaffiliatesengagedintheBusiness.

（c）FromandaftertheEffectiveTime（asdefinedintheMergerAgreement）（theEffectiveTime）,Executiveshallnot,directlyorindirectly,whetherindividually,asadirector,stockholder,owner,partner,employee,principaloragentofanybusiness,orinanyothercapacity,makeknown,disclose,furnish,makeavailableorutilizeanyoftheconfidentialinformationoftheCompanyotherthanintheproperperformanceofthedutiescontemplatedherein,orasrequiredbyacourtofcompetentjurisdictionorotheradministrativeorlegislativebody;PROVIDEDTHAT,priortodisclosinganyoftheconfidentialinformationtoacourtorotheradministrativeorlegislativebody,ExecutiveshallpromptlynotifytheCompanysothatitmayseekaprotectiveorderorotherappropriateremedy.Executiveagreestoreturnallconfidentialinformation,includingallphotocopies,extractsandsummariesthereof,andanysuchinformationstoredelectronicallyontapes,computerdisksorinanyothermannertotheCompanyatanytimeuponrequestbytheCompanyandupontheterminationofhisengagementforanyreason.

（d）FromtheEffectiveTimeuntilthefifthanniversaryoftheEffectiveTime（theNon-CompetitionPeriod）,ExecutiveshallnotengageinCompetition（asdefinedbelow）withtheCompany.ForpurposesofthisAgreement,CompetitionbyExecutiveshallmeanExecutive’sengagingin,orotherwisedirectlyorindirectlybeingemployedbyoractingasaconsultantorlenderto,orbeingadirector,officer,employee,principal,licensor,trustee,broker,agent,stockholder,member,owner,jointventurerorpartnerof,orpermittinghisnametobeusedinconnectionwiththeactivitiesofanyotherbusinessororganizationwhichisengagedinthesamebusinessastheBusinessoftheCompanyasthesameshallbeconstitutedatanytimeduringorfollowinghisengagement;PROVIDEDTHAT,itshallnotbeaviolationofthisAgreementforExecutiveto（i）becometheregisteredorbeneficialowneroflessthanfivepercent（5%）ofanyclassofthecapitalstockofacompetingcorporationregisteredundertheSecuritiesExchangeActof1934,asamendedor（ii）beemployedbyanentitythatengagesinthesamebusinessastheBusinessoftheCompany,solongasExecutivedoesnotdirectlyperformservicesfororworkwithinadivisionorbusinessunitofsuchentitythatengagesinsuchbusiness.

（e）Withoutlimitingthegeneralityoftheforegoing,duringtheNon-CompetitionPeriod,Executiveagreesthathewillnot,directlyorindirectly,forhisbenefitorforthebenefitofanyotherperson,firmorentity,doanyofthefollowing:

（i）solicitfromanycustomerdoingbusinesswiththeCompanybusinessofthesameorofasimilarnaturetotheBusinessconductedbetweentheCompanyandsuchcustomer;

（ii）solicittheemploymentorservicesofanypersonwhoatthetimeisemployedbyoraconsultanttotheCompany;or

（iii）makeanystatementsorcommentsofadefamatoryordisparagingnaturetothirdpartiesregardingtheCompanyoritsofficers,directors,personnel,productsorservices.

（f）ExecutiveacknowledgesthatthisAgreementisbeingenteredintoinconnectionwiththeconsummationofthetransactionscontemplatedbytheMergerAgreement,thatExecutive’sagreementtothetermssetforthhereinareacriticalinducementtotheenteringintotheMergerAgreementbythepartiesthereto,thattheservicestoberenderedbyhimtotheCompanyareofaspecialanduniquecharacter,whichgivesthisAgreementaparticularvaluetotheCompany,thelossofwhichmaynotbereasonablyoradequatelycompensatedforbydamagesinanactionatlaw,andthatamaterialbreachbyhimofanyoftheprovisionscontainedhereinwillcausetheCompanyirreparableinjury.ExecutivethereforeagreesthattheCompanyshallbeentitled,inadditiontoanyotherrightorremedy,toatemporary,preliminaryandpermanentinjunction,withoutthenecessityofprovingtheinadequacyofmonetarydamagesorthepostingofanybondorsecurity,enjoiningorrestrainingExecutivefromanysuchviolation.

（g）Executivefurtheracknowledgesandagreesthatduetotheuniquenessofhisservicesandconfidentialnatureoftheinformationhewillpossess,thecovenantssetforthhereinarereasonableandnecessaryfortheprotectionofthebusinessandgoodwilloftheCompany;anditistheintentofthepartiesheretothatifintheopinionofanycourtofcompetentjurisdictionanyprovisionsetforthinthisAgreementisnotreasonableinanyrespect,suchcourtshallhavetheright,powerandauthoritytomodifyanyandallsuchprovisionsastosuchcourtshallappearnotunreasonableandtoenforcetheremainderofthisAgreementassomodified.

2.CONSIDERATION.

InconsiderationforandsubjecttoExecutive’sagreementtothecovenantssetforthherein,theCompanyshallpaytoExecutive$,_________（theNon-CompetitionFee）,payableinmonthlyinstallmentsof$,_________paidbytheCompanyasofthe15thdayofeachmonthoccurringduringtheNon-CompetitionPeriod,subjecttothefollowing:

（i）intheeventExecutive’semploymentwiththeCompanyisinvoluntarilyterminatedbytheCompanyduringtheNon-CompetitionPeriod,theCompanyshallpaytoExecutivethefullamountofanythenremainingunpaidbalanceoftheNon-CompetitionFeewithinthirty（30）daysfollowingthedateofExecutive’sterminationofemployment;

（ii）intheeventExecutivevoluntarilyresignshisemploymentwiththeCompanyduringtheNon-CompetitionPeriod,theCompanyshallcontinuetopaytoExecutivetheNon-CompetitionFeeinmonthlyinstallmentsof$,_________untilthefirstanniversaryofExecutive’sterminationofemployment（or,ifsooner,untilthefullamountoftheNon-CompetitionFeehasbeenpaid）andshallpaythethenremainingunpaidbalanceoftheNon-CompetitionFee,ifany,asoftheanniversaryofExecutive’sterminationofemploymentsubjecttoearlierpaymentunderclause（iii）immediatelyfollowing;

（iii）intheeventofExecutive’sdeathduringtheNon-CompetitionPeriod,theCompanyshallpaytoExecutive’sestatethefullamountofanythenremainingunpaidbalanceoftheNon-CompetitionFeewithinthirty（30）daysfollowingExecutive’sdeath;and

（iv）notwithstandinganythingtothecontrarycontainedaboveinthisSection2,ifatanytimeduringNon-CompetitionPerioditisdeterminedbyacourtofcompetentjurisdictionthatExecutivehasbreachedthecovenantscontainedinthisAgreement,theCompanymaywithholdanyportionoftheNon-CompetitionFeenotyetpaid,withoutprejudicetotheCompany’srighttopursueequitableandlegalremediesforenforcementandrecoveryunderthisAgreement.

（a）EFFECTIVENESS;TERMINATION;SURVIVAL.

Notwithstandinganyprovisionhereoftothecontrary,itistheintentionofthepartiesheretothat:

（i）thisAgreementshallbecomeeffectiveattheEffectiveTime;and（ii）fromandaftertheterminationoftheMergerAgreementinaccordancewithitstermsatanytimepriortotheEffectiveTime,thecovenantscontainedhereinshallbedeemedabandonedandthisAgreementshallforthwithbecomevoid.

3.ENTIREAGREEMENT.ThisAgreementsetsforththeentireagreementbetweenthepartieswithrespecttoitssubjectmatterandmergesandsupersedesallpriordiscussions,agreementsandunderstandingsofeverykindandnaturebetweenanyofthemandneitherpartyshallbeboundbyanytermorconditionotherthanasexpresslysetforthorprovidedforinthisAgreement.ThisAgreementmaynotbechangedormodifiednormayanyofitsprovisionsbewaived,exceptbyanagreeme