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Title: |
Letter Agreement |
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Entities: |
Ford Motor Co.; Wolfgang Reitzle |
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Date: |
2002 |
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Size: |
Preview shows 3KB of 13KB total |
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Price: |
$37 |
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ID: |
#240105 |
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Ford Motor Company
The American Road
P.O. Box 1899
Dearborn, Michigan 48121
April 15, 2002
Mr. Wolfgang Reitzle
4 Cheyne House
18 Chelsea Embankment
London 3SW 4LA
This will set forth the terms and conditions of the agreement (the "Agreement")
between you and the Company under which the Company will secure your personal
services as a consultant.
1. For the period May 1, 2002 through April 30, 2004, you will be available to
the Company at mutually convenient times and places for consultation with
the Company.
2. As a condition of the Company's obligations under this Agreement, during
the term of this Agreement, you will not, without written permission of the
Company, on behalf of yourself or on behalf of any other person, company,
corporation, partnership or other entity or enterprise, directly or
indirectly, as an employee, proprietor, stockholder, partner, consultant,
or otherwise, engage in any business or activity competitive with the
business of Ford Motor Company, its subsidiaries or affiliates, (the
"Company") worldwide. You specifically acknowledge that the Company
conducts a worldwide business and that the worldwide restriction is
reasonable. You also agree during the term of this Agreement that you will
not engage in any conduct that is inimical to the best interests of the
Company. In the event you breach this restrictive covenant, the Company
shall be entitled to the remedies outlined in paragraph 3 below with
respect to breach of Confidential Information.
3. You agree to keep secret and retain in strictest confidence, and shall not,
without the prior written consent of the Chief Executive Officer of the
Company, furnish, make available or disclose to any third party or use for
your benefit or the benefit of any third party, any Confidential
Information, as hereafter defined. As used in this Agreement, Confidential
Information means any information relating to the business or affairs of
the Company, including but not limited to information relating to financial
statements, customer identities, potential customers, employees, suppliers,
servicing methods, equipment, product or service programs, product designs,
cycle plans, strategies and information, databases and information systems,
analyses, profit margins, comparative or futuring studies or other
proprietary information used by the Company, whether or not generated by
the Company or purchased by the Company through business consultants.
Confidential Information shall not include any information in the public
domain or information that becomes known in the industry through no
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