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FORM OF CONFIDENTIALITY AND POST-EMPLOYMIENT ACTIVITIES AGREEMENT

Confidentiality Agreement

FORM OF CONFIDENTIALITY AND POST-EMPLOYMIENT ACTIVITIES AGREEMENT | Document Parties: AMERIGAS PARTNERS LP You are currently viewing:
This Confidentiality Agreement involves

AMERIGAS PARTNERS LP

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Title: FORM OF CONFIDENTIALITY AND POST-EMPLOYMIENT ACTIVITIES AGREEMENT
Governing Law: Pennsylvania     Date: 5/6/2005

FORM OF CONFIDENTIALITY AND POST-EMPLOYMIENT ACTIVITIES AGREEMENT, Parties: amerigas partners lp
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        FORM OF CONFIDENTIALITY AND POST-EMPLOYMIENT ACTIVITIES AGREEMENT

 

A.     I, _______________, the undersigned employee, have been hired/promoted

into the newly created position of ______________________________ of AmeriGas

Propane, Inc., a Pennsylvania corporation, which is the general partner of

AmeriGas Partners, L.P. As such, I will be responsible for ___________________

of AmeriGas Partners, L.P., and its subsidiaries, partnerships and affiliates

(collectively "AmeriGas") throughout the United States. During the course of my

employment, I understand that AmeriGas will put me in a position of trust and

confidence by placing me in charge of _____________________ throughout the

United States and by disclosing to me, as well as having me develop Confidential

Information about its business and

 

B.     I am also a member of AmeriGas's Senior Management Team. As a member of

AmeriGas's Senior Management Team, I routinely participate in important

strategic reporting and planning meetings where highly Confidential Information

and plans are disclosed, discussed and developed by the senior officers and

managers of AmeriGas.

 

C.     Accordingly, in consideration for my employment in this

__________________________ position and the compensation and employee benefits

that I will receive for serving in such a position, I agree to the terms of this

Confidentiality and Post-Employment Activities Agreement as follows:

 

      1.     Recitals.

 

            The recitals contained in the lettered paragraphs above are hereby

incorporated and made a part of this Agreement.

 

      2.     Definitions.

 

            a.     The term "Confidential Information" includes, but is not

limited to, information, whether in tangible form or otherwise, concerning

business and marketing plans; past, present and prospective customer identities,

lists, credit information and gas usage patterns; pricing and marketing

 

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policies and practices; financial information; acquisition and strategic plans;

and other operating policies and practices.

 

            b.     The term "Territory" refers to each of the 50 states of the

United States and such U.S. territories and foreign nations in which Americas

distributes propane or otherwise sells goods or services during the one year

period preceding the termination of my employment.

 

      3.     Confidential Information and AmeriGas Property.

 

            a.     I will protect the Confidential Information of AmeriGas and

its predecessors and affiliates from disclosure and will not divulge it during

or after my employment to any other person or entity not associated with

AmeriGas.

 

            b.     All reports, manuals, memoranda, computer disks and tapes and

other materials made available to me by AmeriGas during the performance of my

duties are the property of AmeriGas, and I will use all such property

exclusively for AmeriGas's benefit and will return it, including copies, to

AmeriGas at the termination of my employment.

 

      4.     Prohibited Post-Employment Activities.

 

      For a period of two years after the termination of my employment with

AmeriGas for any reason:

 

            a.     I will not directly or indirectly solicit or service the

business of any AmeriGas customer within my Territory.

 

            b.     Except as provided in paragraphs 4(c) and 4(d) below, I will

not directly or indirectly: (i) own or operate; (ii) acquire an equity or

partnership interest or a controlling interest of any other kind in; (iii)

accept employment from; or (iv) serve as a director, officer, partner,

consultant, or advisor of or to, any business that distributes propane in my

Territory or that sells goods or provides services that compete with goods sold

or services provided by AmeriGas in my Territory as of the date of the

termination of my employment without first obtaining the written consent of the

President of

 

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AmeriGas Propane, Inc. Notwithstanding anything to the contrary herein, in the

event that my employment is terminated by AmeriGas based upon my failure to meet

the performance or financial objectives established for my position and

AmeriGas, in its sole discretion, determines that such failure on my part was

not deliberate, the term of enforcement for this Noncompete Provision shall be

calculated in the following manner: for every twenty (20) days of severance

payment that I receive, the term of enforcement for this Noncompete Provision

shall equal o


 
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