Common use of Covenants of Executive Clause in Contracts

Covenants of Executive. The Executive acknowledges that: (i) the business of the Company and its affiliates, as currently conducted and as conducted from time to time throughout the term of this Agreement (collectively, the “Business”), is conducted by and is proposed to be conducted by the Company on a world-wide basis (the “Company’s Market”); (ii) the Business involves providing design, engineering and manufacture of certain vacuum and heat transfer equipment, including but not limited to steam condensers, steam jet ejectors, shell and tube heat exchangers, plate and frame heat exchangers, Heliflow heat exchangers, liquid ring vacuum pumps and rotary piston pumps; (iii) the Company has developed trade secrets and confidential information concerning the Business; and (iv) the agreements and covenants contained in this Section 10 are essential to protect the Business. In order to induce the Company to enter into this Employment Agreement, the Executive covenants and agrees that:

Covenants of Executive. The Executive acknowledges that: (ia) the business of the Company GMC and its affiliates, as currently conducted and as conducted from time to time throughout the term of this Agreement (collectively, the “Business”), is conducted by and is proposed to be conducted by the Company on a world-world wide basis (the “Company’s Market”); (iib) the Business involves providing design, engineering and manufacture of certain vacuum and heat transfer equipment, including but not limited to steam condensers, steam jet ejectors, shell and tube heat exchangers, plate and frame heat exchangers, Heliflow heat exchangers, liquid ring vacuum pumps and rotary piston pumps; (iiic) the Company GMC has developed trade secrets and confidential information concerning the Business; and (ivd) the agreements and covenants contained in this Section 10 are essential to protect the BusinessBusiness of GMC. In order to induce the Company GMC to enter into this Employment Agreement, the Executive covenants and agrees that:

Covenants of Executive. The Executive acknowledges that: (ia) the business of the Company and its affiliates, as currently conducted and as conducted from time to time throughout the term of this Agreement (collectively, the “"Business”"), is conducted by and is proposed to be conducted by the Company on a world-world wide basis (the “"Company’s 's Market”"); (iib) the Business involves providing design, engineering and manufacture of certain vacuum and heat transfer equipment, including but not limited to steam condensers, steam jet ejectors, shell and tube heat exchangers, plate and frame heat exchangers, Heliflow heat exchangers, liquid ring vacuum pumps and rotary piston pumps; (iiic) the Company has developed trade secrets and confidential information concerning the Business; and (ivd) the agreements and covenants contained in this Section 10 are essential to protect the BusinessBusiness of the Company. In order to induce the Company to enter into this Employment Agreement, the Executive covenants and agrees that:

Covenants of Executive. The Executive acknowledges that: (ia) the business of the Company and its affiliates, as currently conducted and as conducted from time to time throughout the term of this Agreement (collectively, the “"Business”"), is conducted by and is proposed to be conducted by the Company on a world-world wide basis (the “"Company’s 's Market”"); (iib) the Business involves providing design, engineering and manufacture of certain vacuum and heat transfer equipment, including but not limited to steam condensers, steam jet ejectors, shell and tube heat exchangers, plate and frame heat exchangers, exchangers Heliflow heat exchangers, liquid ring vacuum pumps and rotary piston pumps; (iiic) the Company has developed trade secrets and confidential information concerning the Business; and (ivd) the agreements and covenants contained in this Section 10 are essential to protect the BusinessBusiness of the Company. In order to induce the Company to enter into this Employment Agreement, the Executive covenants and agrees that: