Executives Agreements Sample Clauses

Executives Agreements. Executive agrees that: (i) Without the consent of the Company, Executive will not terminate employment with the Company without giving 30 days prior notice to the Company, and during such 30-day period Executive will assist the Company, as and to the extent reasonably requested by the Company, in training the successor to Executive’s position with the Company. The provisions of this Section 5(i) shall not apply to any termination (voluntary or involuntary) of the employment of Executive pursuant to Section 2(ii)(c) hereof. (ii) In the event that Executive has received any benefits from the Company under Section 4 of this Agreement, then, during the period of 36 months following the Separation Date, Executive, upon request by the Company: (a) Will consult with one or more of the executive officers concerning the business and affairs of the Company for not to exceed four hours in any month at times and places selected by Executive as being convenient to him, all without compensation other than what is provided for in Section 4 of this Agreement; and (b) Will testify as a witness on behalf of the Company in any legal proceedings involving the Company which arise out of events or circumstances that occurred or existed prior to the Separation Date (except for any such proceedings relating to this Agreement), without compensation other than what is provided for in Section 4 of this Agreement, provided that all out-of-pocket expenses incurred by Executive in connection with serving as a witness shall be paid by the Company. Executive shall not be required to perform Executive’s obligations under this Section 5(ii) if and so long as the Company is in default with respect to performance of any of its obligations under this Agreement.
AutoNDA by SimpleDocs
Executives Agreements. Executive agrees as follows: (i) to use the Confidential Information only to provide services to the Company; (ii) to communicate Confidential Information only to fellow employees, agents and representatives of the Company on a need-to-know basis; and (iii) not to otherwise disclose or use any Confidential Information. Upon demand by the Company or upon termination of Executive's employment, Executive will deliver to the Company all manuals, photographs, recordings, and any other instrument or device by which, through which, or on which Confidential Information has been recorded and/or preserved, which are in the Executive's possession, custody or control. Executive acknowledges that for purposes of this Section 8 that term "Company" means any person or entity now or hereafter during the term of this Agreement which controls, is under common control with, or is controlled by, the Company.
Executives Agreements. Executive acknowledges and agrees that Executive possesses skills and experience qualifying him for employment in other fields, and that the restrictions and limitations imposed on Executive below will not unduly impair his ability to earn a living if his employment with the Company is terminated. Further, Executive hereby acknowledges and agrees that the Company’s and its subsidiaries’ products are sold throughout the United States. Accordingly, Executive agrees that the geographic limitations and restrictions contained in the non-competition covenant set forth below are reasonable and necessary to protect the market share and business interests of the Company and its subsidiaries.
Executives Agreements. Executive acknowledges and agrees that Executive possesses skills and experience qualifying him for employment in other fields, and that the restrictions and limitations imposed on Executive below will not unduly impair his ability to earn a living if his employment with the Company is terminated. Further, Executive hereby acknowledges and agrees that the Company’s and its subsidiaries’ products are sold throughout the United States. Accordingly, Executive agrees that the geographic limitations and restrictions contained in the covenants set forth below are reasonable and necessary to protect the market share and business interests of the Company and its subsidiaries. The Executive also acknowledges and agrees that solely by virtue of his employment by, and relationship with, the Company, he has acquired and will acquire “Confidential Information”, as hereinafter defined, as well as special knowledge of the Company’s relationships with its customers and suppliers, and that, but for his association with the Company, the Executive would not or will not have had access to said Confidential Information or knowledge of said relationships. The Executive further acknowledges and agrees (i) that the Company has long term, near-permanent relationships with its customers and that those relationships were developed at great expense and difficulty to the Company; and (ii) that the Company’s relationships with its customers are and will continue to be valuable, special and unique assets of the Company. In return for the consideration described in this Agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and as a condition precedent to the Company and Lime entering into this Agreement, and as an inducement to the Company and Lime to do so, the Executive hereby represents, warrants, and covenants as follows: (i) The Executive has read and fully understands the terms and conditions set forth herein, has had time to reflect on and consider the benefits and consequences of entering into this Agreement, and has had the opportunity to review the terms hereof with an attorney or other representative, if he so chooses. (ii) The execution and delivery of this Agreement by the Executive does not conflict with, or result in a breach of or constitute a default under, any agreement or contract, whether oral or written, to which the Executive is a party or by which the Executive may be bound. In addition, the Executive has...
Executives Agreements. Executive agrees as follows: (i) to use the Confidential Information only to provide services to the Company; (ii) to communicate Confidential Information only to fellow employees, agents and representatives of the Company on a need-to-know basis; and (iii) not to otherwise disclose or use any Confidential Information. Upon demand by the Company or upon termination of Executive's employment, Executive will deliver to the Company all manuals, photographs, recordings, and any other instrument or device by which, through which, or on which Confidential Information has been recorded and/or preserved,
Executives Agreements. For purposes of Sections 6 and 7 of this Agreement, the term “Company” shall also refer to and include MPG. Executive acknowledges and agrees that Executive possesses skills and experience qualifying him for employment in other fields, and that the restrictions and limitations imposed on Executive below will not unduly impair his ability to earn a living if his employment with the Company is terminated. Further, Executive hereby acknowledges and agrees that the Company’s products are sold throughout the United States. Accordingly, Executive agrees that the geographic limitations and restrictions contained in the non-competition covenant set forth below are reasonable and necessary to protect the market share and business interests of the Company and its affiliates.
Executives Agreements 
AutoNDA by SimpleDocs

Related to Executives Agreements

  • Executive’s Acknowledgements The Executive acknowledges that he: (a) has read this Agreement; (b) has been represented in the preparation, negotiation, and execution of this Agreement by legal counsel of the Executive’s own choice or has voluntarily declined to seek such counsel; (c) understands the terms and consequences of this Agreement; and (d) understands that the law firm of Xxxxxx Xxxxxx Xxxxxxxxx Xxxx and Xxxx LLP is acting as counsel to the Company in connection with the transactions contemplated by this Agreement, and is not acting as counsel for the Executive.

  • Effective Agreements The execution, delivery and performance of this Agreement and each other Transaction Document that has been executed by Seller, compliance with the terms hereof and thereof and the consummation of the transactions contemplated hereby and thereby did not, and will not, violate, conflict with, result in a breach of, constitute a default under, be prohibited by or require any additional approval under its certificate of formation or limited liability company agreement, any instrument or agreement to which it is a party or by which it is bound or which affects the Current Excess Servicing Spread, or any state or federal law, rule or regulation or any judicial or administrative decree, order, ruling or regulation applicable to it or to the Current Excess Servicing Spread.

  • Employment Agreements Each of the persons listed on Schedule 9.12 shall have been afforded the opportunity to enter into an employment agreement substantially in the form of Annex VIII hereto.

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

  • Reimbursement of Executive’s Expenses to Enforce this Agreement The Bank will reimburse Executive for all out-of-pocket expenses, including, without limitation, reasonable attorneys’ fees, incurred by Executive in connection with his successful enforcement of the Bank’s obligations under this Agreement. Successful enforcement means the grant of an award of money or the requirement that the Bank take some specified action: (i) as a result of court order; or (ii) otherwise following an initial failure of the Bank to pay money or take action promptly following receipt of a written demand from Executive stating the reason that the Bank must make payment or take action under this Agreement.

  • Consulting Agreements Buyer shall have entered into the Consulting Agreements with the Shareholders.

  • 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.

  • Collective Agreements There are no collective agreements affecting your terms and conditions of employment.

  • AGREEMENTS OF THE EXECUTIVE In consideration of the compensation and benefits to be paid or provided to the Executive by the Employer under this Agreement, the Executive covenants as follows:

  • Employment and Non-Competition Agreements The Employment and Non-Competition Agreements described in SECTION 6.2 hereof shall have been duly executed and delivered by all parties thereto and shall be in full force and effect.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!