Common use of Covenants of the Executive Clause in Contracts

Covenants of the Executive. The Executive acknowledges that in the course of the Executive’s employment with the Company the Executive will become familiar with the Company’s and its subsidiaries’ and affiliates’ trade secrets and with other confidential and proprietary information concerning the Company and its subsidiaries and affiliates, and that the Executive’s services are of special, unique and extraordinary value to the Company and its subsidiaries and affiliates. Therefore, the Company and the Executive mutually agree that it is in the interest of both parties for the Executive to enter into the restrictive covenants set forth in this Section 6 to, among other things, protect the legitimate business interests of the Company and those of its subsidiaries and affiliates, and that such restrictions and covenants contained in this Section 6 are reasonable in geographical and temporal scope and in all other respects given the nature of the Executive’s duties and the nature of the Company’s and its subsidiaries’ and affiliates’ businesses and that such restrictions and covenants do not and will not unduly impair the Executive’s ability to earn a living after termination of the Executive’s employment with the Company. The Executive further acknowledges and agrees that (i) the Company would not have entered into this Agreement but for the restrictive covenants of the Executive set forth in this Section 6, and (ii) such restrictive covenants have been made by the Executive in order to induce the Company to enter into this Agreement.

Appears in 13 contracts

Samples: Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust)

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Covenants of the Executive. The Executive acknowledges that in the course of the Executive’s his employment with the Company the Executive he has become and will continue to become familiar with the Company’s and its subsidiaries’ and affiliatesAffiliates’ trade secrets and with other confidential and proprietary information concerning the Company and its subsidiaries and affiliatesAffiliates, and that the Executive’s his services are of special, unique and extraordinary value to the Company and its subsidiaries and affiliatesAffiliates. Therefore, the Company and the Executive mutually agree that it is in the interest of both parties for the Executive to enter into the restrictive covenants set forth in this Section 6 7 to, among other things, protect the legitimate business interests of the Company and those of its subsidiaries and affiliatesAffiliates, and that such restrictions and covenants contained in this Section 6 7 are reasonable in geographical and temporal scope and in all other respects given the nature and scope of the Executive’s duties and the nature and scope of the Company’s and its subsidiaries’ and affiliatesAffiliates’ businesses and that such restrictions and covenants do not and will not unduly impair the Executive’s ability to earn a living after termination of the Executive’s his employment with the Company. The Executive further acknowledges and agrees that (i) the Company would not have entered into this Agreement but for the restrictive covenants of the Executive set forth in this Section 67, and (ii) such restrictive covenants have been made by the Executive in order to induce the Company to enter into this Agreement. For purposes of this Agreement, “Company Group” shall mean the Company and its subsidiaries.

Appears in 2 contracts

Samples: Employment Agreement (Gyre Therapeutics, Inc.), Employment Agreement (Gyre Therapeutics, Inc.)

Covenants of the Executive. The Executive acknowledges that in the course of the Executive’s his employment with the Company the Executive he will become familiar with the Company’s and its subsidiaries’ and affiliates’ trade secrets and with other confidential and proprietary information concerning the Company and its subsidiaries and affiliates, and that the Executive’s his services are of special, unique and extraordinary value to the Company and its subsidiaries and affiliates. Therefore, the Company and the Executive mutually agree that it is in the interest of both parties for the Executive to enter into the restrictive covenants set forth in this Section 6 to, among other things, protect the legitimate business interests of the Company and those of its subsidiaries and affiliates, and that such restrictions and covenants contained in this Section 6 are reasonable in geographical and temporal scope and in all other respects given the nature of the Executive’s duties and the nature of the Company’s and its subsidiaries’ and affiliates’ businesses and that such restrictions and covenants do not and will not unduly impair the Executive’s ability to earn a living after termination of the Executive’s his employment with the Company. The Executive further acknowledges and agrees that (i) the Company would not have entered into this Agreement but for the restrictive covenants of the Executive set forth in this Section 6, and (ii) such restrictive covenants have been made by the Executive in order to induce the Company to enter into this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust)

Covenants of the Executive. The Executive acknowledges that in the course of the Executive’s his employment with the Company the Executive he will become familiar with the Company’s and its subsidiaries’ and affiliates’ trade secrets and with other confidential and proprietary information concerning the Company and its subsidiaries and affiliates, and that the Executive’s his services are of special, unique and extraordinary value to the Company and its subsidiaries and affiliates. Therefore, the Company and the Executive mutually agree that it is in the interest of both parties for the Executive to enter into the restrictive covenants set forth in this Section 6 to, among other things, protect the legitimate business interests of the Company and those of its subsidiaries and affiliates, and that such restrictions and covenants contained in this Section 6 are reasonable in geographical and temporal scope and in all other respects given the nature and scope of the Executive’s duties and the nature and scope of the Company’s and its subsidiaries’ and affiliates’ businesses and that such restrictions and covenants do not and will not unduly impair the Executive’s ability to earn a living after termination of the Executive’s his employment with the Company. The Executive further acknowledges and agrees that (i) the Company would not have entered into this Agreement but for the restrictive covenants of the Executive set forth in this Section 6, and (ii) such restrictive covenants have been made by the Executive in order to induce the Company to enter into this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Driven Brands Holdings Inc.)

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Covenants of the Executive. The Executive acknowledges that in the course of the Executive’s her employment with the Company the Executive she has become and will continue to become familiar with the Company’s and its subsidiaries’ and affiliatesAffiliates’ trade secrets and with other confidential and proprietary information concerning the Company and its subsidiaries and affiliatesAffiliates, and that the Executive’s her services are of special, unique and extraordinary value to the Company and its subsidiaries and affiliatesAffiliates. Therefore, the Company and the Executive mutually agree that it is in the interest of both parties for the Executive to enter into the restrictive covenants set forth in this Section 6 7 to, among other things, protect the legitimate business interests of the Company and those of its subsidiaries and affiliatesAffiliates, and that such restrictions and covenants contained in this Section 6 7 are reasonable in geographical and temporal scope and in all other respects given the nature and scope of the Executive’s duties and the nature and scope of the Company’s and its subsidiaries’ and affiliatesAffiliates’ businesses and that such restrictions and covenants do not and will not unduly impair the Executive’s ability to earn a living after termination of the Executive’s her employment with the Company. The Executive further acknowledges and agrees that (i) the Company would not have entered into this Agreement but for the restrictive covenants of the Executive set forth in this Section 67, and (ii) such restrictive covenants have been made by the Executive in order to induce the Company to enter into this Agreement. For purposes of this Agreement, “Company Group” shall mean the Company and its subsidiaries.

Appears in 1 contract

Samples: Employment Agreement (Gyre Therapeutics, Inc.)

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