Common use of Executive’s Acknowledgment Clause in Contracts

Executive’s Acknowledgment. Executive hereby expressly acknowledges and agrees that (i) the restrictions and obligations set forth in and imposed by this Section 7 will not prevent Executive from obtaining gainful employment in Executive's field of expertise or cause Executive undue hardship, and (ii) in view and consideration of the substantial benefits Executive will receive from the Company pursuant to this Agreement and the Company Agreement, the restrictions and obligations imposed on Executive under this Section 7 are reasonable and necessary to protect the legitimate business interests of the Company and its members and the UST Group.

Appears in 6 contracts

Samples: Employment and Consulting Agreement (U S Timberlands Co Lp), Employment Agreement (U S Timberlands Finance Corp), Employment Agreement (U S Timberlands Co Lp)

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Executive’s Acknowledgment. Executive hereby expressly acknowledges and agrees that (i) the restrictions and obligations set forth in and imposed by this Section 7 6 will not prevent Executive from obtaining gainful employment in Executive's field of expertise or cause Executive undue hardship, and (ii) in view and consideration of the substantial benefits Executive will receive from the Company pursuant to this Agreement and the Company Agreement, the restrictions and obligations imposed on Executive under this Section 7 6 are reasonable and necessary to protect the legitimate business interests of the Company and its members and the UST GroupCompany.

Appears in 1 contract

Samples: Employment Agreement (Universal Seismic Associates Inc)

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