• EMPLOYEE NON-COMPETE AGREEMENT For good consideration and as an inducement for Valet-It Parking Services to employ the undersigned Employee, the undersigned Employee hereby agree not to directly or indirectly compete with the business of the Company and its successors and assigns during the period of employment and for a period of two years following termination of employment and notwithstanding the cause of reason for termination. The term “not compete” as used herein shall mean the Employee shall not own, manage, operate, consult to or be employed in a business substantially similar to our Company may substantially engage during the term of employment. The employee acknowledges that the Company shall or may in reliance of this agreement provide Employee access to trade secrets, customers and other confidential data and that the provisions of this agreement are reasonably necessary to protect the Company and its good will. Employee agrees to retain said information as confidential and not to use said information on his or her own behalf or disclose same to any third party. This agreement shall be binding upon and insure to the benefit of the parties, their successors, assigns and personal representatives.