Employee acknowledges and agrees Sample Clauses

Employee acknowledges and agrees. THAT THE RELEASE OF SHARES FROM THE FORFEITURE OPTION OF THE COMPANY PURSUANT TO SECTION 3 HEREOF IS EARNED BY CONTINUING SERVICE AS SERVICE PROVIDER AT THE WILL OF THE COMPANY (NOT THROUGH THE ACT OF BEING HIRED OR PURCHASING SHARES HEREUNDER). EMPLOYEE FURTHER ACKNOWLEDGES AND AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS A SERVICE PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE WITH EMPLOYEES'S RIGHT OR THE COMPANY'S RIGHT TO TERMINATE EMPLOYEE'S RELATIONSHIP AS A SERVICE PROVIDER AT ANY TIME, WITH OR WITHOUT CAUSE.
Sample 1
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Employee acknowledges and agrees a. That in the course of her employment with the Company during and after the Term, Employee may have access to Confidential Information; that the Company has developed and established and will continue to develop and establish a valuable and extensive trade in its products and services; and that the Company would suffer great loss and irreparable injury if Employee were to disclose any of the Confidential Information, or use it in the solicitation of Customers or use it to compete with the Company. b. That in the course of her employment with the Company during and after the Term, Employee may have access to Customer Information; that Customer Information obtained by Employee during the course of her employment with the Company is a valuable asset of the Company; and that the Company would suffer great loss and irreparable injury if Employee were to use Customer Information in the solicitation of Customers or to otherwise compete with the Company. 2. a. During her employment with the Company both during and after the Term, and at all times thereafter, Employee shall maintain in strictest confidence and shall not, without FSI’s express advance written consent, directly or indirectly (whether through written or printed materials, electronic media, or oral communications, and whether Employee’s source of information is written or printed materials, electronic media, oral communications, or her own memory), (i) copy, or (ii) transmit, publish, communicate, or otherwise disclose or make available, or permit or cause to be transmitted, published, communicated or otherwise disclosed or made available, to any other firm, person, corporation or other entity, or (iii) use as owner, director, officer, manager, trustee, partner, employee, independent contractor, agent, or consultant in any business venture or other enterprise or endeavor, any Confidential Information or Customer Information. b. An exception to the provisions of Paragraph 2(a), above, is that in the scope and course of her employment with FSI, Employee may, in furtherance of the Company’s business interests, communicate Confidential Information or Customer Information to other responsible Company personnel, Customers, and other persons or entities with whom or which the Company has dealings, who have a need to know such information.
Sample 1
Employee acknowledges and agrees a. That during the course of his employment with FSI, Employee may have access to Confidential Information; that the Company has developed and established and will continue to develop and establish a valuable and extensive trade in its products and services; and that the Company would suffer great loss and irreparable injury if Employee were to disclose any of the Confidential Information, or use it in the solicitation of Customers or use it to compete with the Company. b. That during the course of his employment with FSI, Employee may have access to Customer Information; that Customer Information obtained by Employee during the course of his employment with FSI is a valuable asset of FSI; and that the Company would suffer great loss and irreparable injury if Employee were to use Customer Information in the solicitation of Customers or to otherwise compete with the Company. 2. a. Employee during his employment with FSI and at all times thereafter shall maintain in strictest confidence and shall not, without FSI's express advance written consent, directly or indirectly (whether through written or printed materials, electronic media, or oral communications, and whether Employee's source of information is written or printed materials, electronic media, oral communications, or his own memory), (i) copy, or (ii) transmit, publish, communicate, or otherwise disclose or make available, or permit or cause to be transmitted, published, communicated or otherwise disclosed or made available, to any other firm, person, corporation or other entity, or (iii) use as owner, director, officer, manager, trustee, partner, employee, independent contractor, agent, or consultant in any business venture or other enterprise or endeavor, any Confidential Information or Customer Information.
Sample 1
Employee acknowledges and agrees that CNL is engaged in a continuous program of research; development and, production of new technology related to its fields of business and in marketing valuable products and services resulting from its' business and technology;
Sample 1
Employee acknowledges and agrees that Employee may have access to confidential and proprietary information concerning the business and financial activities of Company and information and technology from Company’s product research and development, including without limitation, Company’s banking, investments, investors, properties, employees (including terms of employment), marketing plans, customers, suppliers, trade secrets, test results, processes, data, know-how, improvements, inventions, techniques and products (actual or planned). Such information, whether written, oral or in any medium or form (including any confidential or proprietary information received from third parties under Company’s obligation to maintain the confidentiality of such information), shall be referred to as (“Proprietary Information”). Notwithstanding anything to the contrary, any intellectual property rights related to the SMX Technology (including any deliverable, including any presentation, working document, scientific analysis, lab report, test results, business model, chosen materials, blockchain system architecture or any other architecture, software and code) or any other integrated solutions for marking, reading, authenticating and tracking and tracing of raw materials mediums (e.g. solids, liquids or gases) and the use of proprietary blockchain technology for the storage and subsequent recall of embedded marker readings, or other technology of Company, shall be exclusively owned by Company and deemed Confidential Information of Company.
Sample 1
Employee acknowledges and agrees that Employee may have access to confidential and proprietary information concerning the business and financial activities of Company and information and technology from Company’s product research and development, including without limitation, any scientific, technical, trade, or business or other information or material disclosed by or on behalf of Company to Employee (or that Employee otherwise received or had access to), including, oral, written, graphic, physical, electronic or machine-readable form, including research materials, formulations, techniques, methodologies, assay systems, formulae, procedures, tests, equipment, data, computer software (including object code, source code, and interpretive code), financial data (including terms of employees and of Employee specifically, including dates of commencement or end, remuneration and options), pricing and price quotes, documentation, reports, know-how, supply sources, patent positioning, information of, and relationships with, consultants and employees, business plans, business developments, business connection information concerning the existence, scope or activities of any research, development, manufacturing, marketing or other projects of Company, and any other confidential information about, or belonging to, Company and its suppliers, licensors, licensees, partners, affiliates, customers, potential customers, investors, potential investors or others, and any development or improvement to any of the above (“Proprietary Information”). /s/ Ofira Bar /s/ Haggai Alon Employee 50-000000-0 Security Matters Ltd. Notwithstanding anything to the contrary, any intellectual property rights related to the SMX Technology (including any deliverable, including any presentation, working document, scientific analysis, lab report, test results, business model, chosen materials, blockchain system architecture or any other architecture, software and code) or any other integrated solutions for marking, reading, analyzing, authenticating and/or tracking and tracing of raw materials mediums (e.g. solids, liquids or gases) and the use of proprietary blockchain technology for the storage and subsequent recall of embedded marker readings, or other technology of Company, shall be exclusively owned by Company and deemed Confidential Information of Company.
Sample 1

Related to Employee acknowledges and agrees

  • Executive Acknowledgment Executive acknowledges (a) that he has consulted with or has had the opportunity to consult with independent counsel of his own choice concerning this Agreement, and has been advised to do so by the Company, and (b) that he has read and understands the Agreement, is fully aware of its legal effect, and has entered into it freely based on his own judgment.

  • Executive Acknowledgement Executive acknowledges that Executive has read and understands this Agreement, is fully aware of its legal effect, has not acted in reliance upon any representations or promises made by the Company other than those contained in writing herein, and has entered into this Agreement freely based on Executive’s own judgment. [Signature Page Follows]

  • Employee Acknowledgment Employee acknowledges (i) that he has consulted with or has had the opportunity to consult with independent counsel of his own choice concerning this Agreement and has been advised to do so by the Company, and (ii) that he has read and understands the Agreement, is fully aware of its legal effect, and has entered into it freely based on his own judgment.

  • Employee Acknowledgements Employee acknowledges and agrees that: (a) he has read this Agreement; (b) he is fully competent to execute this Agreement which he understands to be contractual; (c) he executes this Agreement of his own free will, after having a reasonable period of time to review, study, and deliberate regarding its meaning and effect and to consult with counsel regarding same; and (d) executes this Agreement without reliance on any representation of any kind or character not expressly set forth herein.

  • Employee Acknowledgement Executive acknowledges that Executive has read and understands this Agreement, is fully aware of its legal effect, has not acted in reliance upon any representations or promises made by the Company other than those contained in writing herein, and has entered into this Agreement freely based on Executive’s own judgment.

  • Limitations on the Company’s Activities This Section 9(j) is being adopted in order to comply with certain provisions required in order to qualify the Company as a “special purpose” entity.

  • Company Acknowledgment The Company will, at the time of the exercise of the Warrant, upon the request of the Holder hereof acknowledge in writing its continuing obligation to afford to such Holder any rights to which such Holder shall continue to be entitled after such exercise in accordance with the provisions of this Warrant. If the Holder shall fail to make any such request, such failure shall not affect the continuing obligation of the Company to afford to such Holder any such rights.

  • Benefits Acknowledged The Guaranteeing Subsidiary’s Guarantee is subject to the terms and conditions set forth in the Indenture. The Guaranteeing Subsidiary acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by the Indenture and this Supplemental Indenture and that the guarantee and waivers made by it pursuant to this Guarantee are knowingly made in contemplation of such benefits.

  • Mutual Acknowledgment Both the Company and Indemnitee acknowledge that, in certain instances, Federal law or applicable public policy may prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future in certain circumstances to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court for a determination of the Company’s right under public policy to indemnify Indemnitee.

  • Employment and Consulting Agreements Xxxxxxx X. Xxxx and Xxxx X. Xxxxxx shall have executed and delivered employment agreements with BRI, and Xxxxxx Xxxx shall have executed and delivered a Consulting Agreement with BRI.

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