Common use of Covenant Not to Compete; Non-Solicitation Clause in Contracts

Covenant Not to Compete; Non-Solicitation. Executive acknowledges and recognizes the highly competitive nature of the Company’s Business and the goodwill and business strategy of the Company constitute a substantial asset of the Company. Executive further acknowledges and recognizes that during the course of the Executive’s employment Executive will receive specific knowledge of the Company’s Business, access to trade secrets and Confidential Information (as hereinafter defined), participate in business acquisitions and decisions, and that it would be impossible for Executive to work for a competitor without using and divulging this valuable Confidential Information. Executive further acknowledges that this covenant not to compete is an independent covenant within this Agreement. This covenant shall survive this Agreement and shall be treated as an independent covenant for the purposes of enforcement. Executive agrees to the following:

Appears in 6 contracts

Samples: Executive Employment Agreement (Elandia International Inc.), Executive Employment Agreement (Elandia International Inc.), Executive Employment Agreement (Elandia International Inc.)

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Covenant Not to Compete; Non-Solicitation. Executive acknowledges and recognizes the highly competitive nature of the Company’s Business business and the goodwill and business strategy of the Company constitute a substantial asset of the Company. Executive further acknowledges and recognizes that during the course of the Executive’s employment Executive will receive specific knowledge of the Company’s Businessbusiness, access to trade secrets and Confidential Information (as hereinafter defined), participate in business acquisitions and decisions, and that it would be impossible for Executive to work for a competitor without using and divulging this valuable Confidential Information. Executive further acknowledges that this covenant not to compete is an independent covenant within this Agreement. This covenant shall survive this Agreement and shall be treated as an independent covenant for the purposes of enforcement. Executive agrees to the following:

Appears in 3 contracts

Samples: Executive Employment Agreement (Atlas Therapeutics Corp), Executive Employment Agreement (Health Systems Solutions Inc), Executive Employment Agreement (Health Systems Solutions Inc)

Covenant Not to Compete; Non-Solicitation. Executive acknowledges and recognizes the highly competitive nature of the Company’s Business 's business and the goodwill and business strategy of the Company constitute a substantial asset of the Company. Executive further acknowledges and recognizes that during the course of the Executive’s employment 's employment, Executive will receive specific knowledge of the Company’s Business's business, have access to trade secrets and Confidential Information (as hereinafter defined), and participate in business acquisitions and decisions, and that it would be impossible for Executive to work for a competitor without using and divulging this valuable Confidential Information. Executive further acknowledges that this covenant not to compete is an independent covenant within this Agreement. This covenant shall survive this Agreement and shall be treated as an independent covenant for the purposes of enforcement. Executive agrees to the following:

Appears in 2 contracts

Samples: Employment Agreement (Apotheca Biosciences, Inc.), Employment Agreement (Apotheca Biosciences, Inc.)

Covenant Not to Compete; Non-Solicitation. Executive acknowledges and recognizes the highly competitive nature of the Company’s Business 's business and the goodwill and business strategy of the Company constitute a substantial asset of the Company. Executive further acknowledges and recognizes that during the course of the Executive’s employment 's employment, Executive will receive specific knowledge of the Company’s Business's business, have access to trade secrets and Confidential Information (as hereinafter defined), and participate in business acquisitions and decisions, and that it would be impossible for Executive to work for a competitor without using and divulging this valuable Confidential Information. Executive further acknowledges that this covenant not to compete is an independent covenant within this Agreement. This covenant shall survive this Agreement and shall be treated as an independent covenant for the purposes of enforcement. Executive agrees to the following:: EMPLOYMENT AGREEMENT WITH XXXXXXX XXX - 6 -

Appears in 1 contract

Samples: Employment Agreement (Futureland, Corp.)

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Covenant Not to Compete; Non-Solicitation. Executive acknowledges and recognizes the highly competitive nature of the Company’s Business business and the goodwill and business strategy of the Company constitute a substantial asset of the Company. Executive further acknowledges and recognizes that during the course of the Executive’s employment employment, Executive will receive specific knowledge of the Company’s Businessbusiness, have access to trade secrets and Confidential Information (as hereinafter defined), and participate in business acquisitions and decisions, and that it would be impossible for Executive to work for a competitor without using and divulging this valuable Confidential Information. Executive further acknowledges that this covenant not to compete is an independent covenant within this Agreement. This covenant shall survive this Agreement and shall be treated as an independent covenant for the purposes of enforcement. Executive agrees to the following:

Appears in 1 contract

Samples: Employment Agreement (Futureland Corp.)

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