Common use of Acknowledgment by the Executive Clause in Contracts

Acknowledgment by the Executive. The Executive acknowledges that (a) during the Employment Period and as part of his employment, the Executive will be afforded access to Confidential Information that the Employer has devoted substantial time, effort, and resources to develop and compile; (b) public disclosure of such Confidential Information would have an adverse effect on the Employer and its business; (c) the Employer would not disclose such information to the Executive, nor employ or continue to employ the Executive without the agreements and covenants set forth in this Article 5; and (d) the provisions of this Article 5 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information.

Appears in 10 contracts

Samples: Executive Employment Agreement (AveXis, Inc.), Executive Employment Agreement (AveXis, Inc.), Executive Employment Agreement (Home Solutions of America Inc)

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Acknowledgment by the Executive. The Executive acknowledges that (a) during the Employment Period and as part of his employment, the Executive will be afforded access to Confidential Information that the Employer Company has devoted substantial time, effort, and resources to develop and compile; (b) public disclosure of such Confidential Information would have an adverse effect on the Employer Company and its business; (c) the Employer Company would not disclose such information to the Executive, nor employ or continue to employ the Executive without the agreements and covenants set forth in this Article 5; and (d) the provisions of this Article 5 are reasonable and necessary to prevent the improper use or disclosure of Confidential InformationInformation and to enable the Company to acquire sole and exclusive ownership of the Employee Inventions.

Appears in 2 contracts

Samples: Executive Employment Agreement (Home Solutions of America Inc), Executive Employment Agreement (Nextgen Communications Corp)

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Acknowledgment by the Executive. The Executive acknowledges that (a) during the Employment Period and as part of his employment, the Executive will be afforded access to Confidential Information that the Employer Company has devoted substantial time, effort, and resources to develop and compile; (b) public disclosure of such Confidential Information would have an adverse effect on the Employer Company and its business; (c) the Employer Company would not disclose such information to the Executive, nor employ or continue to employ the Executive without the agreements and covenants set forth in this Article 5; and (d) the provisions of this Article 5 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information.

Appears in 1 contract

Samples: Executive Employment Agreement (Home Solutions of America Inc)

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