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About This Document
This confidentiality agreement involves TIFFANY &CO. A confidentiality contract is an agreement specifying rights granted by one party to another which lays out requirements not to disclose information that is likely to be exchanged in conjunction with a broader business relationship. Similar to non-disclosure agreements, they are intended to protect any information considered to be proprietary or confidential. This can include information disclosed during potential partnering or acquisition discussions, or even as simply as during a period of employment.
This confidentiality agreement is provided from the collection of millions of legal documents and clauses found at www.RealDealDocs.com.
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Posted:
08/05/09
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SERVIC NonCompetition Agreement
TIFFANY & CO Confidentiality Agreement
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Exhibit 10.141 NON-COMPETITION AND CONFIDENTIALITY COVENANTS [ASSUMPTION: FOR VICE PRESIDENTS AND UP] THIS INSTRUMENT is made and given this ___ day of _________ 2___ by __________________("PARTICIPANT") to and for the benefit of Tiffany and Company, a New York corporation and its Affiliates (as defined below) with reference to the following facts and circumstances: A. Participant wishes to receive Equity Awards which might be granted to Participant in the future or which have been granted to Participant on the condition that Participant executes and delivers this instrument; Participant may have received Equity Awards which, when granted, were not subject to the above condition; Participant may be or may become a Participant in and under the Excess Plan; Participant may be or may become a Participant in and under the Supplementary Retirement Plan; Participant is willing to make the promises set forth in this instrument, and to execute and deliver this instrument, in order to be eligible to receive Equity Awards in the future and to have the benefit of Equity Awards which have been granted to Participant on the condition that Participant executes and delivers this instrument; Participant understands that if Participant is or becomes a Participant in the Excess Plan or the Supplementary Retirement Plan the benefits Participant might receive under both plans will be forfeited for breach of covenants contained in this instrument; Participant understands that Equity Awards may be forfeited if Participant breaches the covenants contained in this instrument; Participant understands that the Proceeds of Equity Awards may become due and payable by Participant to Tiffany and Company if Participant breaches the covenants contained in this instrument; Participant agrees that the receipt of one or more Equity Awards is full and fair and consideration for the covenants made in this instrument. B. C. D. E. F. G. H. I.
NOW THEREFORE, Participant hereby agrees as follows: 1. DEFINED TERMS. Unless otherwise defined in this instrument, words and phrases that have a defined meaning in the Excess Plan shall have the same meaning in this instrument. The initially capitalized words and phrases set forth below shall have the meanings ascribed to them below: "Affiliate" shall mean, with reference to any Person, any second Person that controls, is controlled by, or is under common control with, any such first Person, directly or indirectly. "Board" means the board of directors of Tiffany and Company, a New York corporation. "Change in Control Date" shall mean the earliest "Change of Control Date" applicable to Participant under the Rights Plan if the circumstances necessary for a "Change of Control Date" under the Rights Plan should occur. "Confidential Information" means all information relating in any manner to Tiffany or its business, including but not limited to, contemplated new products and services, marketing and advertising campaigns, sales projections, creative campaigns and themes, financial information, budgets and projections, system designs, employees, management procedures and systems, employee training materials, equipment, production plans and techniques, product and materials specifications, product designs and design techniques, client information (including purchase history and client identifying information) and vendor information (including the identity of vendors and information concerning the capacity of or products or pricing provided by specific vendors); notwithstanding the foregoing, "Confidential Information" shall not include information that becomes generally publicly available other than as a result of a disclosure by Participant or that becomes available to Participant on a non-confidential basis from a Person that to the Participant's knowledge, after due inquiry, is not bound by a duty of confidentiality. "Covered Employee" means any person who, at any date relevant to this Agreement, is an employee of Tiffany or who was an employee of Tiffany during the one-year period previous to the date relevant to this Agreement. "Duration of Non-Competition Covenant" means the period beginning with Participant's Termin