Common use of ACKNOWLEDGMENTS BY STOCKHOLDER Clause in Contracts

ACKNOWLEDGMENTS BY STOCKHOLDER. Stockholder acknowledges that the promises and restrictive covenants that Stockholder is providing in this Agreement are reasonable and necessary to the protection of DHI's business and DHI's legitimate interests in its acquisition of Xxxxxxx Homes, including Xxxxxxx Homes's goodwill, pursuant to the Merger Agreement. Stockholder further acknowledges that, in connection with the consummation of the Merger, all of Stockholder's shares of common stock of Xxxxxxx Homes will be exchanged for cash and shares of common stock of DHI pursuant to the terms of the Merger Agreement.

Appears in 1 contract

Samples: Confidentiality and Noncompetition Agreement (Horton D R Inc /De/)

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ACKNOWLEDGMENTS BY STOCKHOLDER. Stockholder acknowledges that the promises and restrictive covenants that Stockholder is providing in this Agreement are reasonable and necessary to the protection of DHI's business and DHI's legitimate interests in its acquisition of Xxxxxxx Schuler Homes, including Xxxxxxx Schuler Homes's goodwill, pursuant to the Merger AgreementMexxxx Xxreement. Stockholder further Stockholdxx xxxxher acknowledges that, in connection with the consummation of the Merger, all of Stockholder's shares of common stock of Xxxxxxx Schuler Homes will be exchanged for cash and shares of common stock of DHI pursuant ox XXX xursuant to the terms of the Merger Agreement.

Appears in 1 contract

Samples: Confidentiality and Noncompetition Agreement (Horton D R Inc /De/)

ACKNOWLEDGMENTS BY STOCKHOLDER. Stockholder acknowledges that the promises and restrictive covenants that Stockholder is providing in this Agreement are reasonable and necessary to the protection of DHI's business and DHI's legitimate interests in its acquisition of Xxxxxxx Schuler Homes, including Xxxxxxx Schuler Homes's ' goodwill, pursuant to the Merger AgreementMerxxx Xxxeement. Stockholder further Stockholdex xxxxxer acknowledges that, in connection with the consummation of the Merger, all of Stockholder's shares of common stock of Xxxxxxx Schuler Homes will be exchanged for cash and shares of common stock of DHI pursuant ox XXX xursuant to the terms of the Merger Agreement.

Appears in 1 contract

Samples: Employment Agreement (Horton D R Inc /De/)

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ACKNOWLEDGMENTS BY STOCKHOLDER. Stockholder acknowledges that the promises and restrictive covenants that Stockholder is providing in this Agreement are reasonable and necessary to the protection of DHI's business and DHI's legitimate interests in its acquisition of Xxxxxxx Homes, including Xxxxxxx Homes's ' goodwill, pursuant to the Merger Agreement. Stockholder further acknowledges that, in connection with the consummation of the Merger, all of Stockholder's shares of common stock of Xxxxxxx Homes will be exchanged for cash and shares of common stock of DHI pursuant to the terms of the Merger Agreement. 2.

Appears in 1 contract

Samples: Employment Agreement

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