Common use of Acknowledgment by Executive Clause in Contracts

Acknowledgment by Executive. The Executive acknowledges and --------------------------- confirms that (a) the restrictive covenants contained in this Article 7 are reasonably necessary to protect the legitimate business interests of the Company, and (b) the restrictions contained in this Article 7 (including without limitation the length of the term of the provisions of this Article 7) are not overbroad, overlong, or unfair and are not the result of overreaching, duress or coercion of any kind. The Executive acknowledges and confirms that his special knowledge of the business of the Company is such as would cause the Company serious injury or loss if he were to use such ability and knowledge to the benefit of a competitor or were to compete with the Company in violation of the terms of this Article 7. The Executive further acknowledges that the restrictions contained in this Article 7 are intended to be, and shall be, for the benefit of and shall be enforceable by, the Company's successors and assigns.

Appears in 5 contracts

Samples: Employment Agreement (Ameripath Inc), Employment Agreement (Ameripath Inc), Employment Agreement (Ameripath Inc)

AutoNDA by SimpleDocs

Acknowledgment by Executive. The Executive acknowledges and --------------------------- confirms that (a) the restrictive covenants contained in this Article 7 are reasonably necessary to protect the legitimate business interests of the Company, and (b) the restrictions contained in this Article 7 (including without limitation the length of the term of the provisions of this Article 7) are not overbroad, overlong, or unfair and are not the result of overreaching, duress or coercion of any kind. The Executive acknowledges and confirms that his special knowledge of the business of the Company is such as would cause the Company serious injury or loss if he were to use such ability and knowledge to the benefit of a competitor or were to compete with the Company in violation of the terms of this Article 7. The Executive further acknowledges that the restrictions contained in this Article 7 are intended to be, and shall be, for the benefit of and shall be enforceable by, the Company's ’s successors and assigns.

Appears in 5 contracts

Samples: Employment Agreement (Ameripath Inc), Employment Agreement (Ameripath Inc), Employment Agreement (Ameripath Inc)

Acknowledgment by Executive. The Executive acknowledges and --------------------------- confirms that (a) the restrictive covenants contained in this Article 7 6 are reasonably necessary to protect the legitimate business interests of the Company, and (b) the restrictions contained in this Article 7 6 (including without limitation the length of the term of the provisions of this Article 76) are not overbroad, overlong, or unfair and are not the result of overreaching, duress or coercion of any kind. The Executive acknowledges and confirms that his special knowledge of the business of the Company is such as would cause the Company serious injury or loss if he were to use such ability and knowledge to the benefit of a competitor or were to compete with the Company in violation of the terms of this Article 76. The Executive further acknowledges that the restrictions contained in this Article 7 6 are intended to be, and shall be, for the benefit of and shall be enforceable by, the Company's successors and assigns.

Appears in 3 contracts

Samples: Employment and Retention (Ameripath Inc), Employment Agreement (Ameripath Inc), Employment Agreement (Ameripath Inc)

Acknowledgment by Executive. The Executive acknowledges and --------------------------- confirms that (a) the restrictive covenants contained in this Article 7 are reasonably necessary to protect the legitimate business interests of the Company, and (b) the restrictions contained in this Article 7 (including without limitation the length of the term of the provisions of this Article 7) are not overbroad, overlong, or unfair and are not the result of overreaching, duress or coercion of any kind. The Executive acknowledges and confirms that his special knowledge of the business of the Company is such as would cause the Company serious injury or loss if he were to use such ability and knowledge to the benefit of a competitor or were to compete with the Company in violation of the terms of this Article 7. The Executive further acknowledges that the restrictions contained in this Article 7 are intended to be, and shall be, for the benefit of and shall be enforceable by, the Company's successors and assigns.

Appears in 2 contracts

Samples: Employment Agreement (Diagnostic Pathology Management Services Inc), Employment Agreement (Diagnostic Pathology Management Services Inc)

AutoNDA by SimpleDocs

Acknowledgment by Executive. The Executive acknowledges and --------------------------- confirms that (a) the restrictive covenants contained in this Article 7 8 are reasonably necessary to protect the legitimate business interests of the Company, and (b) the restrictions contained in this Article 7 8 (including without limitation the length of the term of the provisions of this Article 7) 8) are not overbroad, overlong, or unfair and are not the result of overreaching, duress or coercion of any kind. The Executive acknowledges and confirms that his special knowledge of the business of the Company is such as would cause the Company serious injury or loss if he were to use such ability and knowledge to the benefit of a competitor or were to compete with the Company in violation of the terms of this Article 78. The Executive further acknowledges that his ability to provide for himself and his family shall not be unduly or adversely effected by the restrictive covenants contained in this Article 8. The Executive further acknowledges that the restrictions contained in this Article 7 8 are intended to be, and shall be, for the benefit of and shall be enforceable by, the Company's successors and assigns.

Appears in 1 contract

Samples: Employment Agreement (Diagnostic Pathology Management Services Inc)

Acknowledgment by Executive. The Executive acknowledges and --------------------------- confirms that (a) the restrictive covenants contained in this Article 7 6 are reasonably necessary to protect the legitimate business interests of the Company, and (b) the restrictions contained in this Article 7 6 (including without limitation the length of the term of the provisions of this Article 76) are not overbroad, overlong, or unfair and are not the result of overreaching, duress or coercion of any kind. The Executive acknowledges and confirms that his special knowledge of the business of the Company is such as would cause the Company serious injury or loss if he were to use such ability and knowledge to the benefit of a competitor or were to compete with the Company in violation of the terms of this Article 76. The Executive further acknowledges that the -11- restrictions contained in this Article 7 6 are intended to be, and shall be, for the benefit of and shall be enforceable by, the Company's successors and assigns.

Appears in 1 contract

Samples: Employment Agreement (Diagnostic Pathology Management Services Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!