Covenants of Officer Sample Clauses

Covenants of Officer. Officer understands and acknowledges that the Company’s ability to develop and retain trade secrets, customer lists, proprietary techniques, information regarding customer needs and other confidential information relating to the Existing Business is of the utmost importance to the Company’s success, and Officer further acknowledges that Officer will develop and learn information in the course of Officer’s employment that would be useful in competing unfairly with the Company. In light of these facts and in consideration of Officer’s employment with the Company and the Company’s agreement to compensate Officer on the terms set forth in Section 4 of this Agreement, Officer covenants and agrees with Company as follows:
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Covenants of Officer. Officer covenants that, as of the date of this Agreement, that Officer is not in violation of any agreement, covenant, or other commitment of Officer to do, or refrain from doing, any act, and that by entering into this Agreement, Officer will not thereby violate any such agreement, covenant, or other binding commitment, if any. Officer further represents and acknowledges that (except as disclosed in the Disclosure Schedules of the Merger Agreement) Officer, as of the Effective Date, has not received any payment whatsoever pursuant to the Prior Agreement, or other severance or change in control payments from Pinnacle or otherwise.
Covenants of Officer. In return for the additional consideration extended Officer, Officer also expressly warrants and agrees, for a period of one (1) year after the Termination Date, that he will not:
Covenants of Officer 

Related to Covenants of Officer

  • Covenants of Company In the event that any litigation with claims in excess of $1,000,000 to which the Company is a party which shall be reasonably likely to result in a material judgment against the Company that the Company will not be able to satisfy shall be commenced by an Owner, during the period beginning nine months following the commencement of such litigation and continuing until such litigation is dismissed or otherwise terminated (and, if such litigation has resulted in a final judgment against the Company, such judgment has been satisfied), the Company shall not make any distribution on or in respect of its membership interests to any of its members, or repay the principal amount of any indebtedness of the Company held by CFC, unless (i) after giving effect to such distribution or repayment, the Company's liquid assets shall not be less than the amount of actual damages claimed in such litigation or (ii) the Rating Agency Condition shall have been satisfied with respect to any such distribution or repayment. The Company will not at any time institute against the Trust any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations relating to the Certificates, the Notes, this Agreement or any of the Basic Documents.

  • Covenants of the Bank The Bank covenants and agrees with the Underwriters that:

  • Covenants of Parent Parent agrees that:

  • Covenants of Party B Party B hereby covenants as follows:

  • COVENANTS OF THE STOCKHOLDER Section 1.01.

  • Covenants of Parties The Parties hereby covenant and agree as follows:

  • Covenants of Stockholders Each Stockholder hereby covenants and agrees that:

  • COVENANTS OF CONSULTANT Consultant covenants and agrees with the Company that, in performing Consulting Services under this Agreement, Consultant will:

  • Covenants of Party A (a) Unless the provisions set forth below under “Private Placement Procedures” shall be applicable, Party A shall use any Shares delivered by Party B to Party A on any Settlement Date to return to securities lenders to close out open Share loans created by Party A or an affiliate of Party A in the course of Party A’s or such affiliate’s hedging activities related to Party A’s exposure under this Confirmation.

  • Covenants of Stockholder Stockholder hereby covenants and agrees that:

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