Confidentiality and Non-Compete Agreement. Notwithstanding any other provision of this Agreement, in the event the Committee determines that the Participant has breached any provision of the Confidentiality and Non-Compete Agreement in effect between the Participant and the Company, (a) the then outstanding and unexercised portion of the Option (whether vested or unvested) shall be cancelled and forfeited back to the Company and (b) the Participant shall remit to the Company within 30 days of written notice from the Committee a cash payment equal to the number of shares of Common Stock subject to the portion of the Option that was previously exercised, multiplied by the excess of the fair market value of the Common Stock on the date of exercise over the Option Exercise Price. The Company shall be entitled, as permitted by applicable law, to deduct the amount of such payment from any amounts the Company may owe to the Participant.
Confidentiality and Non-Compete Agreement. Notwithstanding any other provision of this Agreement, in the event the Committee determines that the Participant has breached any provision of the Confidentiality and Non-Compete Agreement in effect between the Participant and the Company, (a) to the extent not vested, the Award shall be forfeited by written notice from the Committee and (b) to the extent the Award has vested, the Participant shall, within 30 days of receipt of such written notice from the Committee, remit to the Company either (i) a number of shares of Common Stock previously received in connection with the vesting of the Award (determined prior to any withholding of any applicable taxes), or (ii) a cash payment equal to the number of such shares previously received, multiplied by the closing price of the Common Stock on the date the Award vested. The Company shall be entitled, as permitted by applicable law, to deduct the amount of such payment from any amounts the Company may owe to the Participant.
Confidentiality and Non-Compete Agreement. Notwithstanding any other provision of this Agreement, in the event the Committee determines that the Participant has breached any provision of the Confidentiality and Non-Compete Agreement in effect between the Participant and the Company, (a) all outstanding Award Shares held by the Participant shall be forfeited by written notice from the Committee and (b) the Participant shall, within 30 days of receipt of such written notice from the Committee, remit to the Company either (i) a number of Award Shares pursuant to which the restrictions previously lapsed, or (ii) a cash payment equal to the number of Award Shares pursuant to which the restrictions described in Section 3 previously lapsed multiplied by the closing price of the Common Stock on the date the restrictions on such Award Shares lapsed. The Company shall be entitled, as permitted by applicable law, to deduct the amount of such payment from any amounts the Company may owe to the Participant.
Confidentiality and Non-Compete Agreement. This AGREEMENT is by and between Debut Broadcasting Corporation, Inc and any and all of their predecessors, successors, assigns, subsidiaries, parents, affiliates and their respective directors, officers, employees, agents, attorneys and representatives, past, present or future (“the Company”) and Xxxxxx Xxxxxxx (“Xxxxxxx”). WHERE AS, Xxxxxxx serves as Chief Financial Officer of Debut Broadcasting Corporation, and
Confidentiality and Non-Compete Agreement. The Services hereunder provides access to highly sensitive information, client contacts and a substantial amount of guests, personalities and private scenarios. Save for the agreed upon Press Release, and SEC disclosures required to effectuate the clearing of any share issuance, any and all non-public information shared between the Parties shall remain confidential and RMHB agrees not to use said information on his or her own behalf or disclose same to any third party, public media or any other public platforms without prior approval of Lyonpride.
Confidentiality and Non-Compete Agreement. 23.1 For and in consideration of the payments provided in Section 1.1 hereof, the terms and conditions of the Confidentiality provisions as provided in Section 7 of the Employment Agreement and Non-Compete and Non-Interference as provided in Sections 8 and 9 of the Employment Agreement are not modified by this Agreement and are hereby ratified by Xxxxxxx and shall remain in full force and effect.
Confidentiality and Non-Compete Agreement. Executive’s rights under this Agreement are subject to his immediate execution of, and continued compliance with, the Restrictive Covenant Agreement attached hereto as Exhibit A.
Confidentiality and Non-Compete Agreement. In consideration of my employment by 724 Solutions, Inc. (the “Company”), the Company’s promise to disclose to me confidential and proprietary information and trade secrets of the Company, the Company’s promise to provide me with immediate specialized training, and the compensation now and hereafter paid to me, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the undersigned hereby agrees with the Company as follows:
Confidentiality and Non-Compete Agreement. This CONFIDENTIALITY AND NON-COMPETE AGREEMENT (this “Agreement”) dated as of August 20, 2018 (the “Effective Date”) among Wize Pharma Ltd. (Registration Number 520033259), an Israel limited liability company with offices at Xxxxxxx 00, XX Xxx 0000 Xxx Xxxxxxxx, Xxxxxx (the “Company”), X. Xxxxxxxxx Holdings (2000) Ltd. (Registration Number 512950981), an Israel limited liability Company having its principal place of business at Xxxxxxxx 0, Xxx- Xxxxxxxx, Xxxxxx (the “Consulting Company”) and Xxxx Xxxxxxxxx, an individual residing at Xxxxxxxx 0, Xxx- Xxxxxxxx, Xxxxxx (“Xx. Xxxxxxxxx”).
Confidentiality and Non-Compete Agreement. This CONFIDENTIALITY AND NON-COMPETE AGREEMENT (the “Agreement”), dated as of August 22, 2018 by and between Or Xxxxxxxxx, I.D. Number 043367259, residing at Xxxxxxxxx 0 Xxxxxx, Xxx-Xxxx, Xxxxxx (the “Employee”) and Wize Pharma Ltd. (the “Company”) a limited company duly registered under the laws of Israel and having its corporate offices located at 00 Xxxxxxx Xxxxxx, PO Box 6653, Hod Hasharon, Israel.
