Common use of Executive Acknowledgment Clause in Contracts

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this Agreement with his legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete that would conflict with his duties under this Agreement.

Appears in 15 contracts

Samples: Employment Agreement (Basic Energy Services Inc), Employment Agreement (Basic Energy Services Inc), Employment Agreement (Basic Energy Services Inc)

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Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this Agreement with his legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete or other restrictive covenant that would conflict with his employment duties and covenants under this Agreement.

Appears in 15 contracts

Samples: Executive Employment Agreement (Vaalco Energy Inc /De/), Executive Employment Agreement (Vaalco Energy Inc /De/), Executive Employment Agreement (Vaalco Energy Inc /De/)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this the Agreement, (b) he has read this the Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this the Agreement with his legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he is free to enter into this the Agreement including, without limitation, that he is not subject to any covenant not to compete that would conflict with his duties under this the Agreement.

Appears in 10 contracts

Samples: Employment Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/)

Executive Acknowledgment. Executive acknowledges that (a) he is being knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has having read this Agreement and understands understanding its terms and conditions, (c) he has had having been given an ample opportunity to discuss this Agreement with his Executive’s personal legal counsel prior to execution, and (d) that no strict rules of construction shall apply for or against the drafter or any other Party. Executive hereby represents that he Executive is free to enter into this Agreement including, without limitation, that he Executive is not subject to any covenant not to compete that would conflict with his any duties under this Agreement.

Appears in 8 contracts

Samples: Employment Agreement (Alta Mesa Holdings, LP), Employment Agreement (Alta Mesa Holdings, LP), Employment Agreement (Alta Mesa Holdings, LP)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this Agreement with his legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any restrictive covenant not to compete that would conflict with his duties under this Agreement.

Appears in 8 contracts

Samples: Change in Control Executive Severance Agreement (Delta Petroleum Corp/Co), Change in Control Executive Severance Agreement (Delta Petroleum Corp/Co), Change in Control Executive Severance Agreement (Delta Petroleum Corp/Co)

Executive Acknowledgment. Executive acknowledges that (a) he is being knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has having read this Agreement and understands understanding its terms and conditions, (c) he has had having been given an ample opportunity to discuss this Agreement with his personal legal counsel prior to execution, and (d) that no strict rules of construction shall apply for or against the drafter or any other Partyparty. Executive hereby represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete or confidentiality agreement that would conflict conflicts with his duties under this Agreement.

Appears in 8 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement (Silver Run Acquisition Corp II)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this Agreement with his legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that tat he is free to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete that would conflict with his duties under this Agreement.

Appears in 8 contracts

Samples: Employment Agreement (Basic Energy Services Inc), Employment Agreement (Basic Energy Services Inc), Employment Agreement (Basic Energy Services Inc)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to review and discuss this Agreement with his legal counsel of his choice prior to executionexecution should he desire to do so, and (d) no strict rules of construction shall will apply for or against the drafter or any other Partyparty. Executive represents that he is free there are no restrictions on his right to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete that would conflict with his duties under this Agreement.

Appears in 6 contracts

Samples: Change in Control Severance Compensation Agreement (Callon Petroleum Co), Change in Control Severance Compensation Agreement (Callon Petroleum Co), Change in Control Severance Compensation Agreement (Callon Petroleum Co)

Executive Acknowledgment. Executive acknowledges that (a) he Executive is knowledgeable and sophisticated as to business matters, including the subject matter of this the Agreement, (b) he Executive has read this the Agreement and understands its terms and conditions, (c) he Executive has had ample opportunity to discuss this the Agreement with his Executive’s legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he Executive is free to enter into this the Agreement including, without limitation, that he Executive is not subject to any covenant not to compete that would conflict with his Executive’s duties under this the Agreement.

Appears in 5 contracts

Samples: Transition and Separation Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this Agreement with his personal legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete that would conflict with his duties under this Agreement.

Appears in 5 contracts

Samples: Executive Employment Agreement (Enbridge Inc), Separation Agreement (Alta Mesa Holdings, LP), Separation Agreement (Alta Mesa Resources, Inc. /DE)

Executive Acknowledgment. Executive acknowledges that (a) he Executive is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he Executive has had ample opportunity to discuss this Agreement with his Executive’s legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he Executive is free to enter into this Agreement including, without limitation, that he Executive is not subject to any covenant not to compete that would conflict with his duties under this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Basic Energy Services, Inc.), Employment Agreement (Basic Energy Services, Inc.), Employment Agreement (Basic Energy Services, Inc.)

Executive Acknowledgment. Executive acknowledges that (a) he is being knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has having read this Agreement and understands its terms and conditions, (c) he has had having been given an ample opportunity to discuss this Agreement with his Executive’s personal legal counsel prior to executionexecution and being advised by the Company to do so, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive hereby represents that he Executive is free to enter into this Agreement including, without limitation, that he Executive is not subject to any covenant not to compete that would conflict with any of his duties under this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Spacehab Inc \Wa\), Employment Agreement (Spacehab Inc \Wa\), Employment Agreement (Spacehab Inc \Wa\)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter matters of this Agreement, (b) he has read this Agreement and understands its terms and conditionsAgreement, (c) he has had ample opportunity been advised by the Company to discuss this Agreement consult an independent attorney and he has consulted with and been advised by his legal counsel prior to executionindependent attorney, and (d) no strict rules he understands the terms and conditions of construction shall apply for or against the drafter or any other Partythis Agreement. Executive represents that he is free to enter into this Agreement including, without limitation, and that he is not subject to any another employment agreement with the Company or covenant not to compete with the Company that would conflict with his duties under this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Seitel Inc), Employment Agreement (Seitel Inc), Employment Agreement (Seitel Inc)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to review and discuss this Agreement with his legal counsel of his choice prior to executionexecution should he desire to do so, and (d) no strict rules of construction shall will apply for or against the drafter or any other Party. Executive represents that he is free there are no restrictions on his right to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete that would conflict with his duties under this Agreement.

Appears in 4 contracts

Samples: Severance Compensation Agreement (Callon Petroleum Co), Severance Compensation Agreement (Callon Petroleum Co), Severance Compensation Agreement (Callon Petroleum Co)

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Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement the Agreement, and (c) he understands its terms and conditions, (c) he has had ample opportunity to discuss this Agreement with his legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any other contract of employment or covenant not to compete that would conflict with his duties under this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Imperial Sugar Co /New/), Employment Agreement (Imperial Sugar Co /New/), Employment Agreement (Imperial Sugar Co /New/)

Executive Acknowledgment. The Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this Agreement with his legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. The Executive represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any restrictive covenant not to compete that would conflict with his duties and covenants under this Agreement.

Appears in 3 contracts

Samples: Change in Control Severance Agreement (Trans Energy Inc), Change in Control Severance Agreement (Trans Energy Inc), Change in Control Severance Agreement (Ensco PLC)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had is being provided ample opportunity to discuss this Agreement with his own legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any restrictive covenant not to compete that would conflict with his rights or duties under this Agreement.

Appears in 2 contracts

Samples: Consulting Agreement (Vaalco Energy Inc /De/), Severance and Consulting Agreement (Vaalco Energy Inc /De/)

Executive Acknowledgment. Executive acknowledges that (a) he is being knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has having read this Agreement and understands its terms and conditions, (c) he has had having been given an ample opportunity to discuss this Agreement with his Executive's personal legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive hereby represents that he Executive is free to enter into this Agreement including, without limitation, that he Executive is not subject to any covenant not to compete that would conflict with his any duties under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (EV Energy Partners, LP), Employment Agreement (EV Energy Partners, LP)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this Agreement with his own legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete that would conflict with his duties under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Smith International Inc), Employment Agreement (Smith International Inc)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this Agreement with his personal legal counsel prior to Executive’s initials execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete that would conflict with his duties under this Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Enbridge Inc)

Executive Acknowledgment. Executive acknowledges that (a) he she is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he she has read this Agreement and understands its terms and conditions, (c) he she has had ample opportunity to discuss this Agreement with his her personal legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete that would conflict with his duties under this Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Enbridge Inc)

Executive Acknowledgment. Executive acknowledges that (a) he she is knowledgeable and sophisticated as to business matters, including the subject matter of this the Agreement, (b) he she has read this the Agreement and understands its terms and conditions, (c) he she has had ample opportunity to discuss this the Agreement with his her legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he she is free to enter into this the Agreement including, without limitation, that he she is not subject to any covenant not to compete that would conflict with his her duties under this the Agreement.

Appears in 1 contract

Samples: Employment Agreement (Parker Drilling Co /De/)

Executive Acknowledgment. Executive acknowledges that (a) he is being knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has having read this Agreement and understands its terms and conditions, (c) he has had having been given an ample opportunity to discuss this Agreement with his Executive’s personal legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive hereby represents that he Executive is free to enter into this Agreement including, without limitation, that he Executive is not subject to any covenant not to compete that would conflict with his any duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (EV Energy Partners, LP)

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