Covenants of the Officer Sample Clauses

Covenants of the Officer. The Officer acknowledges and the Company promises that in the course of his employment with the Company, the Officer will (x) become familiar with the Company’s and its subsidiaries’ and affiliates’ trade secrets and with other Confidential Information (as defined below) concerning the Company and its subsidiaries and affiliates, and (y) that his services are of special, unique and extraordinary value to the Company and its subsidiaries and affiliates. Therefore, the Company and the Officer mutually agree that it is in the interest of both parties for the Officer to enter into the restrictive covenants set forth in this Section 5 to, among other things, protect the legitimate business interests of the Company and those of its subsidiaries and affiliates, including the protection of the Company’s and its subsidiaries’ and affiliates’ trade secrets, Confidential Information, and customer relationships and goodwill, and that such restrictions and covenants contained in this Section 5 are reasonable in geographic and temporal scope and in all other respects given the nature and scope of the Officer’s duties, his access to and/or development of the Company’s trade secrets, Confidential Information, the customer relationships and goodwill, 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 Officer’s ability to earn a living after termination of his employment with the Company. The Officer further acknowledges and agrees that (i) the Company would not have entered into this Agreement but for the restrictive covenants of the Officer set forth in this Section 5, and (ii) such restrictive covenants have been made by the Officer in order to induce the Company to enter into this Agreement. Therefore, and in further consideration of, (A) the Company’s agreement to provide the Officer with access to and the opportunity to develop the Company’s Confidential Information and trade secrets, (B) the mutual covenants and promises contained in this Agreement and/or (C) the compensation and benefits to be paid or provided hereunder, and to protect the Company’s and its subsidiaries and affiliates’ business interest, Confidential Information, customer relationships and goodwill:
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Covenants of the Officer 
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Related to Covenants of the Officer

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

  • Covenants of the Employee In consideration of the acknowledgments by the Employee, and in consideration of the Compensation to be paid or provided to the Employee by the Employer, the Employee covenants that the Employee will not, directly or indirectly:

  • Covenants of the Executive In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly:

  • Covenants of the Offerors The Offerors covenant and agree with the Placement Agents and the Purchaser as follows:

  • Covenants of the Vendor The Vendor covenants and agrees with the Purchaser as follows:

  • Covenants of the Holder The Holder hereby agrees and covenants that:

  • COVENANTS OF THE STOCKHOLDER Section 1.01.

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

  • Covenants of the Fund The Fund covenants with the Underwriter as follows:

  • Covenants of the Company The Company covenants with each Underwriter as follows:

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