Business Interests. (select one)
1. Neither party has any interest in any business.
2. Plaintiff/Petitioner 1 shall receive the following:
3. Defendant/Petitioner 2 shall receive the following:
4. Each party shall pay and hold the other harmless from any debt owing on the business interests he/she receives unless otherwise stated in this Agreement.
5. Other arrangements regarding business interests:
Business Interests. The Parties acknowledge that the Sollensys Entities are engaged in the various business as disclosed to the Executive (together with such other activities as may be engaged in from time to time, the “Existing Business”). As part of this Existing Business, the Sollensys Entities have developed and continue to develop Confidential Information regarding the operation of such business. In addition, the Sollensys Entities have developed and continue to develop substantial relationships with existing and prospective clients, accounts, suppliers and others, as well as goodwill associated with these relationships and business. These relationships are a substantial business asset owned by, and proprietary to, the Sollensys Entities and are integral to the Sollensys Entities’ Existing Business and continued operation. The Sollensys Entities are also engaged in expanding their respective business by developing new business concepts and services (the “Developing Business”). As part of this Developing Business, the Sollensys Entities have developed and continue to develop Confidential Information related thereto, valuable relationships with prospective and existing clients, accounts, suppliers and others, and continues to create goodwill associated with these relationships and business. The Developing Business is a substantial business asset owned by, and proprietary to, the Sollensys Entities. In addition to the Existing Business and the Developing Business, the Sollensys Entities have other legitimate business interests which are necessary to protect through the provisions of this Section 9, which Executive acknowledges include, but are not limited to the following (collectively the “Other Legitimate Business Interests”):
(i) The Sollensys Entities have expended considerable resources in developing relationships with its suppliers, clients and customers;
(ii) The Sollensys Entities have expended considerable resources to recruit and hire vendors and/or employees who could perform services for Company;
(iii) Executive may, through the contractual relationship set forth herein, develop a substantial relationship with the Sollensys Entities’ existing or potential clients, including but not limited to being the sole or primary contact between the Sollensys Entities and their respective clients and principals; and
(iv) The relationship between the Sollensys Entities and their respective clients and principals will depend on the quality and quantity of the services Executi...
Business Interests. (select one)
1. Neither party has any interest in any business.
2. Plaintiff/Petitioner 1 shall receive the following: Name of Business Ownership Interest
3. Defendant/Petitioner 2 shall receive the following: Name of Business Ownership Interest
4. Each party shall pay and hold the other harmless from any debt owing on the business interests he/she receives unless otherwise stated in this Agreement.
5. Other arrangements regarding business interests: If any business is not in the name of the party to whom it is distributed, the parties shall transfer the business to the proper party no later than thirty (30) days after filing the Final Judgment Entry unless otherwise provided in this Agreement.
Business Interests. This Plan does not apply to any Claim by a business enterprise:
a. In which any Covered Party has an Ownership Interest; or in which any Covered Party is a general partner, managing member, or employee; or in which any Covered Party controls, operates, or manages, either individually or a fiduciary capacity, any property that is owned, managed, or maintained by the business enterprise; or
b. At the time of the alleged acts, errors, or omissions on which the Claim is based: any Covered Party had an Ownership Interest in the business enterprise; any Covered Party was a general partner, managing member, or employee of the business enterprise; or any Covered Party controlled, operated, or managed, either individually or in a fiduciary capacity, any property that was owned, managed, or maintained by the business enterprise.
Business Interests. This Agreement shall not be construed as a partnership, joint venture or otherwise. Unless otherwise agreed to in writing, Flint Food Works, LLC has no right, title or interest in the business or profits of Kitchen Tenant. No employees or contractors of Kitchen Tenant shall be considered an employee or contractor of Flint Food Works, LLC.
Business Interests. The term “
Business Interests. Any and all of the interests of the City or MHS or their Affiliates which relate to the MHS Operations (i) in any and all Persons which the City or MHS controls, or (ii) in which the City or MHS or their Affiliates owns or holds common stock, partnership interests, membership interests or any other equity or non-equity interest or control, as such interests are described on Schedule 2.2.15 attached hereto (which shall include the 8 DC -038094000003- 3386784 v12 number of authorized, issued and outstanding shares of each class of the capital stock or other equity or non-equity interests of such Person), together with all stock certificates, member agreements, minutes and other records relating to such Persons that are in the possession or control of the City or I\4HS; it being agreed that the City shall take all actions necessary to transfer such interests to the Lessee or its designee(s) on the Effective Date, including obtaining any required third party consents in connection with such transfers.
Business Interests. The Parties acknowledge that the Company is engaged in the various business as disclosed to the Executive (together with such other activities as may be engaged in from time to time, the “Existing Business”). As part of this Existing Business, Company has developed and continues to develop Confidential Information regarding the operation of such business. In addition, Company has developed and continues to develop substantial relationships with existing and prospective clients, accounts, suppliers and others, as well as goodwill associated with these relationships and business. These relationships are a substantial business asset owned by, and proprietary to, Company and are integral to Company’s Existing Business and continued operation. The Company also is engaged in expanding its business by developing new business concepts and services (the “Developing Business”). As part of this Developing Business, the Company has developed and continues to develop Confidential Information related thereto, valuable relationships with prospective and existing clients, accounts, suppliers and others, and continues to create goodwill associated with these relationships and business. The Developing Business is a substantial business asset owned by, and proprietary to, the Company. In addition to the Existing Business and the Developing Business, Company has other legitimate business interests which are necessary to protect through the provisions of this Section 8, which Executive acknowledges include, but are not limited to the following (collectively the “Other Legitimate Business Interests”):
(i) The Company has expended considerable resources in developing relationships with its suppliers, clients and customers,
(ii) The Company has expended considerable resources to recruit and hire vendors and/or employees who could perform services for Company,
(iii) Executive may, through the contractual relationship set forth herein, develop a substantial relationship with Company’s existing or potential clients, including but not limited to being the sole or primary contact between Company and its clients and principals; and
(iv) The relationship between Company and its clients and principals will depend on the quality and quantity of the services Executive performs for Company.
Business Interests. Other than as set forth on Schedule 4.29, Seller does not directly or indirectly own any capital stock of or other equity interest in any corporation, partnership, limited liability company or other entity, and Seller is not a member of or participant in any partnership, joint venture or similar entity. Other than as set forth in Schedule 4.29, from January 1, 1996 through the date of the Closing, Seller has not make or caused to be made any payment to any subsidiary or affiliate of Seller outside of the ordinary cause of Seller's business.
Business Interests. We may process your Personal Data based on legitimate business interest. When we reference GDPR Article 6.1(f) or our legitimate business interests are as described above under “For our legitimate business interests”. When pursuing these business interests, we balance the following factors to assess whether our business interests are not outweighed by your personal rights and interests to refrain from processing your Personal Data: • Our business purpose; • Type and category of Personal Data and the sensitivity of the Personal Data being processed; • Level of protection of your Personal Data (i.e., through our protection and security policies and guidelines); and • Your rights in relation to the processing activity. When pursuing business relationships with customers, partners and others, Xxxxx and/or our local Xxxxx group entity may process your Personal Data based on the following: