Duty to Notify the Company and Third Parties. During your employment with the Company or a subsidiary of the Company and for a period of 12 months after your termination of employment from the Company or a subsidiary of the Company, you shall communicate your obligations under this Agreement to each subsequent employer. In addition, at least ten (10) business days prior to commencing employment with a new employer, you shall advise the Company of the name and address of your intended future employer, the title of the position that you have been offered with that subsequent employer, the product and/or investigational compound responsibilities that you will have with the subsequent employer and such information as the Company may request that will assist the Company in evaluating whether such prospective employment would violate this Agreement (except that you need not provide any information that would constitute a trade secret or confidential information of any other party). If you are actively employed by the Company or a subsidiary of the Company at the time that you accept a position with a new employer, you are required to notify the Company and provide this information immediately upon your acceptance of the position with the new employer and the Company may choose, in its sole discretion, to limit your duties in your position with the Company or a subsidiary of the Company and restrict your access to Company premises, systems, products, information and employees during the notice period. You understand and agree that the notice requirement set forth in this Section 3(j) is reasonable and necessary to permit the Company to determine whether, in its view, your proposed new position could lead to a violation of this Agreement. Upon receiving information provided concerning your intended future employment, the Company will evaluate that information and attempt in good faith to engage you in a discussion regarding the applicability and effect of the covenants in this Agreement upon that employment prior to the Company commencing legal action to enforce those covenants. You also authorize the Company to notify third parties, including without limitation, customers and actual or potential employers, of the terms of this Agreement and your obligations hereunder upon your separation from the Company group or your separation from employment with any subsequent employer during the Non-Competition and Non-Solicitation Period, by providing a copy of this Agreement or otherwise.
Appears in 5 contracts
Samples: Market Share Units Agreement (Bristol Myers Squibb Co), Restricted Stock Units Agreement (Bristol Myers Squibb Co), Restricted Stock Units Agreement (Bristol Myers Squibb Co)
Duty to Notify the Company and Third Parties. During your employment with the Company or a subsidiary of the Company and for a period of 12 months after your termination of employment from the Company or a subsidiary of the Company, you shall communicate your obligations under this Agreement to each subsequent employer. In addition, at least ten (10) business days prior to commencing employment with a new employer, you shall advise the Company of the name and address of your intended future employer, the title of the position that you have been offered with that subsequent employer, the product and/or investigational compound responsibilities that you will have with the subsequent employer and such information as the Company may request that will assist the Company in evaluating whether such prospective employment would violate this Agreement (except that you need not provide any information that would constitute a trade secret or confidential information of any other party). If you are actively employed by the Company or a subsidiary of the Company at the time that you accept a position with a new employer, you are required to notify the Company and provide this information immediately upon your acceptance of the position with the new employer and the Company may choose, in its sole discretion, to limit your duties in your position with the Company or a subsidiary of the Company and restrict your access to Company premises, systems, products, information and employees during the notice period. You understand and agree that the notice requirement set forth in this Section 3(j10(j) is reasonable and necessary to permit the Company to determine whether, in its view, your proposed new position could lead to a violation of this Agreement. Upon receiving information provided concerning your intended future employment, the Company will evaluate that information and attempt in good faith to engage you in a discussion regarding the applicability and effect of the covenants in this Agreement upon that employment prior to the Company commencing legal action to enforce those covenants. You also authorize the Company to notify third parties, including without limitation, customers and actual or potential employers, of the terms of this Agreement and your obligations hereunder upon your separation from the Company group or your separation from employment with any subsequent employer during the Non-Competition and Non-Solicitation Period, by providing a copy of this Agreement or otherwise.
Appears in 1 contract
Samples: Performance Share Units Agreement (Bristol Myers Squibb Co)