Common use of Acknowledgements and Representations Clause in Contracts

Acknowledgements and Representations. The Grantee agrees that if the Grantee’s employment were to terminate, the Grantee could earn a living while complying with the Restrictions; the Restrictions are reasonable and necessary to protect the Company’s legitimate interest in its Confidential Information, customer relationships, and investment in developing its employees; and that the rights and obligations under this Paragraph 15 shall survive the termination of the Grantee’s service with the Company or one of its Subsidiaries.

Appears in 2 contracts

Samples: Award Agreement – Restricted Stock Units (Travel & Leisure Co.), Award Agreement – Performance Stock Units (Travel & Leisure Co.)

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Acknowledgements and Representations. The Grantee agrees that if the Grantee’s employment were to terminate, the Grantee could earn a living while complying with the Restrictions; the Restrictions are reasonable and necessary to protect the Company’s legitimate interest in its Confidential Information, customer relationships, and investment in developing its employees; and that the rights and obligations under this Paragraph 15 14 shall survive the termination of the Grantee’s service with the Company or one of its SubsidiariesCompany.

Appears in 2 contracts

Samples: Performance Stock Units Award Agreement (Wyndham Destinations, Inc.), Award Agreement – Restricted Stock Units (Wyndham Destinations, Inc.)

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Acknowledgements and Representations. The Grantee agrees that if the Grantee’s employment were to terminate, the Grantee could earn a living while complying with the Restrictions; the Restrictions are reasonable and necessary to protect the Company’s legitimate interest in its Confidential Information, customer relationships, and investment in developing its employees; and that the rights and obligations under this Paragraph 15 shall survive the termination of the Grantee’s service with the Company or one of its SubsidiariesCompany.

Appears in 1 contract

Samples: Non Qualified Stock Options Agreement (Wyndham Destinations, Inc.)

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