Common use of Clients and Customers Clause in Contracts

Clients and Customers. 16.1 Employee covenants with the Corporation that the clients and customers of the Corporation, both actual and contemplated, constitute actual and prospective business relationships which are proprietary to the Corporation and comprise, in part, the Corporation’s confidential information and trade secrets. 16.2 In order to protect the Corporation’s proprietary rights and to promote and ensure the continuity of the Corporation’s contractual relations with its customers and clients, Employee covenants and agrees that, and for so long as Employee holds any position or affiliation with the Corporation, including service to the Corporation as an officer, director, employee, consultant, agent or contractor, and for a period of twelve (12) months from the date Employee ceases to hold any such position or status with the Corporation or otherwise becomes disaffiliated with the Corporation, he will not directly or indirectly, or permit or encourage others to directly or indirectly (i) interfere in any manner whatsoever with the Corporation’s contractual relations with any clients or customers, or (ii) induce or attempt to induce any client or customer of the Corporation to cease doing business with the Corporation. 16.3 In the event any court of competent jurisdiction determines or holds that all or any portions of the covenants contained in this Section 16.0 are unlawful, invalid or unenforceable for any reason, then the parties hereto agree to modify the provisions of this Section 16.0 if and only to the extent necessary to render the covenants herein contained enforceable and otherwise in conformance with all legal requirements.

Appears in 2 contracts

Samples: Executive Employment Agreement (AF OCEAN INVESTMENT MANAGEMENT Co), Executive Employment Agreement (Vision Industries Corp)

AutoNDA by SimpleDocs

Clients and Customers. 16.1 15.1 Employee covenants with the Corporation that the clients and customers of the Corporation, both actual and contemplated, constitute actual and prospective business relationships which are proprietary to the Corporation and comprise, in part, the Corporation’s confidential information and trade secrets. 16.2 15.2 In order to protect the Corporation’s proprietary rights and to promote and ensure the continuity of the Corporation’s contractual relations with its customers and clients, Employee covenants and agrees that, and for so long as Employee holds any position or affiliation with the Corporation, including service to the Corporation as an officer, director, employee, consultant, agent or contractor, and for a period of twelve (12) months from the date Employee ceases to hold any such position or status with the Corporation or otherwise becomes disaffiliated with the Corporation, he will not directly or indirectly, or permit or encourage others to directly or indirectly (i) interfere in any manner whatsoever with the Corporation’s contractual relations with any clients or customers, or (ii) induce or attempt to induce any client or customer of the Corporation to cease doing business with the Corporation. 16.3 15.3 In the event any court of competent jurisdiction determines or holds that all or any portions of the covenants contained in this Section 16.0 are unlawful, invalid or unenforceable for any reason, then the parties hereto agree to modify the provisions of this Section 16.0 if and only to the extent necessary to render the covenants herein contained enforceable and otherwise in conformance with all legal requirements.

Appears in 1 contract

Samples: Executive Employment Agreement (Vision Industries Corp)

AutoNDA by SimpleDocs

Clients and Customers. 16.1 A. Employee covenants with the Corporation Company that the clients and customers of the CorporationCompany, both actual and contemplated, constitute actual and prospective business relationships which are proprietary to the Corporation Company and comprise, in part, the CorporationCompany’s confidential information and trade secrets. 16.2 B. In order to protect the CorporationCompany’s proprietary rights and to promote and ensure the continuity of the CorporationCompany’s contractual relations with its customers and clients, Employee covenants and agrees that, and for so long as Employee holds any position or affiliation with the CorporationCompany, including service to the Corporation Company as an officer, director, employee, consultant, agent or contractor, and for a period of twelve (12) months from the date Employee ceases to hold any such position or status with the Corporation Company or otherwise becomes disaffiliated with the CorporationCompany, he will not directly or indirectly, or permit or encourage others to directly or indirectly (i) interfere in any manner whatsoever with the CorporationCompany’s contractual relations with any clients or customers, or (ii) induce or attempt to induce any client or customer of the Corporation Company to cease doing business with the CorporationCompany. 16.3 C. In the event any court of competent jurisdiction determines or holds that all or any portions of the covenants contained in this Section 16.0 are unlawful, invalid or unenforceable for any reason, then the parties hereto agree to modify the provisions of this Section 16.0 if and only to the extent necessary to render the covenants herein contained enforceable and otherwise in conformance with all legal requirements.

Appears in 1 contract

Samples: Employment Agreement (Esports Technologies, Inc.)

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