Compliance with the Employment Agreement. Each of the Founders and Key Employees has entered into customary employment agreement, non-competition agreement, confidentiality agreement and assignment of inventions agreement with one of the Group Companies in the forms satisfactory to the Investors. The terms of such agreements are binding on and enforceable against the Founders and the Key Employees under Applicable Laws. None of the Group Companies, the Founders and the Key Employees is or has been in violation of such agreement. Each Group Company has not given any notice of termination to or received any notice of resignation from any Founder or any Key Employee.
Appears in 3 contracts
Samples: Series B Preferred Share Purchase Agreement (Luckin Coffee Inc.), Series B Preferred Share Purchase Agreement (Luckin Coffee Inc.), Series B Preferred Share Purchase Agreement
Compliance with the Employment Agreement. Each of the Founders and Key Employees has entered into customary employment agreement, non-competition agreement, confidentiality agreement and assignment of inventions agreement with one of the Group Companies in the forms satisfactory to the Series A Investors. The terms of such agreements are binding on and enforceable against the Founders Founder and the Key Employees under Applicable Laws. None of the Group Companies, the Founders and the Key Employees is or has been in violation of such agreement. Each Group Company has not given any notice of termination to or received any notice of resignation from any Founder or any Key Employee.
Appears in 2 contracts
Samples: Series a Preferred Share Purchase Agreement (Luckin Coffee Inc.), Series a Preferred Share Purchase Agreement (Luckin Coffee Inc.)
Compliance with the Employment Agreement. Each of the Founders and Key Employees has entered into customary employment agreement, non-competition agreement, confidentiality agreement and assignment of inventions agreement with one of the Group Companies in the forms satisfactory to the InvestorsInvestor. The terms of such agreements are binding on and enforceable against the Founders and the Key Employees under Applicable Laws. None of the Group Companies, the Founders and the Key Employees is or has been in violation of such agreement. Each Group Company has not given any notice of termination to or received any notice of resignation from any Founder or any Key Employee.
Appears in 2 contracts
Samples: Additional Series B Preferred Share Purchase Agreement (Luckin Coffee Inc.), Additional Series B Preferred Share Purchase Agreement (Luckin Coffee Inc.)
