Common use of Acknowledgment of Parties Clause in Contracts

Acknowledgment of Parties. Company and Employee understand and acknowledge that this Agreement means that neither can pursue an action against the other in a court of law regarding any employment dispute, except for claims involving workers' compensation benefits or unemployment benefits, and except as set forth elsewhere in this Agreement, in the event that either party notifies the other of its demand for arbitration under this Agreement. Company and Employee understand and agree that this SECTION 13, concerning arbitration, shall not include any controversies or claims related to any agreements or provisions (including provisions in this Agreement) respecting confidentiality, proprietary information, non-competition, non-solicitation, trade secrets, or breaches of fiduciary obligations by Employee, which shall not be subject to arbitration.

Appears in 1 contract

Samples: Employment Agreement (Greene County Bancshares Inc)

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Acknowledgment of Parties. The Company and Employee Pxxxxxx understand and acknowledge that this Agreement means that neither can pursue an action against the other in a court of law regarding any employment dispute, except for claims involving workers' compensation benefits or unemployment benefits, and except as set forth elsewhere in this Agreement, in the event that either party notifies the other of its demand for arbitration under this Agreement. The Company and Employee Pxxxxxx understand and agree that this SECTION 13Section 11, concerning arbitration, shall not include any controversies or claims related to any agreements or provisions (including provisions in this Agreement) respecting confidentiality, proprietary information, non-competition, non-solicitation, trade secrets, or breaches of fiduciary obligations by EmployeePxxxxxx, which shall not be subject to arbitration.

Appears in 1 contract

Samples: Employment Agreement (Green Bankshares, Inc.)

Acknowledgment of Parties. The Company and Employee understand and acknowledge that this Agreement means that neither can pursue an action against the other in a court of law regarding any employment dispute, except for claims involving workers' compensation benefits or unemployment benefits, and except as set forth elsewhere in this Agreement, in the event that either party notifies the other of its demand for arbitration under this Agreement. The Company and Employee understand and agree that this SECTION 13Section 11, concerning arbitration, shall not include any controversies or claims related to any agreements or provisions (including provisions in this Agreement) respecting confidentiality, proprietary information, non-competition, non-solicitation, trade secrets, or breaches of fiduciary obligations by the Employee, which shall not be subject to arbitration.

Appears in 1 contract

Samples: Employment Agreement (Southside Bancshares Inc)

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Acknowledgment of Parties. The Company and Employee Vxxxxx understand and acknowledge that this Agreement means that neither can pursue an action against the other in a court of law regarding any employment dispute, except for claims involving workers' compensation benefits or unemployment benefits, and except as set forth elsewhere in this Agreement, in the event that either party notifies the other of its demand for arbitration under this Agreement. The Company and Employee Vxxxxx understand and agree that this SECTION 13Section 11, concerning arbitration, shall not include any controversies or claims related to any agreements or provisions (including provisions in this Agreement) respecting confidentiality, proprietary information, non-competition, non-solicitation, trade secrets, or breaches of fiduciary obligations by EmployeeVxxxxx, which shall not be subject to arbitration.

Appears in 1 contract

Samples: Employment Agreement (Green Bankshares, Inc.)

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