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Trade Secrets/ Non-Compete Statement

NonCompetition Agreement

Trade Secrets/ Non-Compete Statement | Document Parties: FORD MOTOR CO You are currently viewing:
This NonCompetition Agreement involves

FORD MOTOR CO

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Title: Trade Secrets/ Non-Compete Statement
Date: 3/12/2004
Industry: Auto and Truck Manufacturers     Sector: Consumer Cyclical

Trade Secrets/ Non-Compete Statement, Parties: ford motor co
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Exhibit 10.V

      Most of the Company’s executive officers, including all of the current officers who were named in the Summary Compensation Table of the 2003 proxy statement signed a noncompete agreement in June 2002, substantially in the form below, except that William Clay Ford, Jr., our Chairman and Chief Executive Officer, and Allan D. Gilmour, our Vice Chairman, did not receive the remuneration. In addition, certain individuals who became executive officers after June 1, 2002 signed the agreement in consideration of their hiring or promotion and related compensation, benefits and perquisites.

Trade Secrets/ Non-Compete Statement

      [I acknowledge to Ford Motor Company (including, as used herein, any affiliates of Ford Motor Company)]

      [I acknowledge that one of the factors Ford Motor Company considered and relied on in offering employment to me was my willingness to sign and execute this statement. I also acknowledge to Ford Motor Company (including, as used herein, any affiliates of Ford Motor Company)]

 

 

 

 

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I am aware of trade secrets and/or other confidential or proprietary information concerning the business plans, strategies, tactics, manufacturing know-how, good will, sources of supply, customers and other trade secrets or confidential information not generally known to others engaged in similar businesses; and,

 

 

 

 

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During the course of my continued employment, I will become aware of trade secrets or other confidential or proprietary information concerning the business plans, strategies, tactics, manufacturing know-how, sources of supply, customers and other trade secrets or confidential information not generally known to others engaged in similar businesses.

      I agree that Ford Motor Company is entitled to be protected from the possibility that I may seek to become or actually become associated with a business that competes with Ford Motor Company. This would be unfair competition, because I have, and will have, extensive knowledge about Ford Moto


 
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