2004 Agreement Sample Clauses
The '2004 Agreement' clause defines and references a specific contract or set of terms established in the year 2004, which serves as a foundational document for the parties involved. In practice, this clause clarifies that certain rights, obligations, or procedures are governed by the terms of the 2004 agreement, and may specify that any amendments or disputes are to be interpreted in light of that original document. Its core function is to ensure consistency and clarity by anchoring the parties' relationship to the established terms of the 2004 agreement, thereby reducing ambiguity and potential conflicts over which rules apply.
2004 Agreement. The parties hereby acknowledge and agree that the Employee Agreement dated July 20, 2004 by and between Trex and Employee (the “2004 Agreement”), a copy of which is attached hereto as Exhibit A, shall continue to survive in accordance with its terms, and that nothing in this Agreement shall affect the parties’ respective rights and obligations under the 2004 Agreement, it being acknowledged and agreed by the parties that (a) for purposes of Section 2 of the 2004 Agreement, “proprietary and confidential information of the Company” shall not include (i) information that is or becomes generally available to the public other than as a result of unauthorized disclosure by Employee or persons to whom Employee has made the information available, (ii) information that has been released without restriction by Trex to another party, or (iii) information that was received by Employee on a non-confidential basis, prior to receipt by Trex, from a third party lawfully possessing and lawfully entitled to disclose such information and (b) Section 4 of the 2004 Agreement shall not prohibit Employee from being employed by a company that engages in multiple lines of business, including those described in Section 4 of the 2004 Agreement (the “Competitive Lines of Business”) if the services Employee provides to such company are unrelated to and do not otherwise involve the Competitive Lines of Business.
2004 Agreement. As defined in the recitals. Absolute Competitive Bid Loan. See §2A.3(a).
2004 Agreement. Upon execution of this Agreement by the Company and the Executive, the 2004 Agreement between the Company and the Executive shall terminate, and neither party shall have any continuing obligations to the other under the 2004 Agreement. Additionally, the 135,000 stock options issued to the Executive, exercisable at $44.43 per share, are cancelled and may no longer be exercised.
2004 Agreement. The parties hereby acknowledge and agree that the Agreement dated March 15, 2004 by and between Trex and ▇▇. ▇▇▇▇▇▇▇ (the “2004 Agreement”), a copy of which is attached hereto as Exhibit A, shall continue to survive in accordance with its terms and that nothing in this Agreement shall affect the parties’ respective rights and obligations under the 2004 Agreement.