270 Legal [Sample Agreements]

EMPLOYMENT AGREEMENT

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7. Covenants and Other Obligations.

The Executive agrees to the following covenants and obligations:

(a) Non-Disclosure of Information. The Executive will not knowingly use or disclose, without Avon’s written consent (which may only be provided by the Chief Executive Officer of Avon), any secret, confidential, or proprietary information or knowledge relating to Avon or any of its affiliated companies, and their respective businesses, that he obtained during or as a result of his employment with Avon, such as, but not limited to, financial information and projections, marketing information and plans, product formulations and production methods, intellectual property and trade secrets, and other types of information not generally available to the public.

(b) Non-Disparagement. The Executive will not knowingly take any action or make any statement, whether written or oral, whether in public or private, that disparages or defames the goodwill or reputation of Avon or any of its associated companies, or of any of their directors, officers, and associates.

(c) Confidentiality of Our Agreement. The Executive will not disclose the terms and conditions of this agreement to anyone, except as required by law or to the Executive’s immediate family, financial and tax advisors, and legal counsel after securing their similar commitment of strict confidentiality.

(d) No-Hire and Non-Solicitation. The Executive will not, without Avon’s prior written consent (which may only be provided by the Chief Executive Officer of Avon), effective immediately and continuing for twenty-nine months after the Separation Date, directly or indirectly, hire or solicit for hire, or aid in such solicitation of, whether as an employee or an independent contractor, any employee of Avon or an affiliated company, including any solicitation of an employee to leave his or her Avon employment to work for any other employer.
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