Common use of INTERESTS OF CORPORATION Clause in Contracts

INTERESTS OF CORPORATION. Executive acknowledges that his employment as a member of the Corporation's executive management team creates a relationship of confidence and trust between Executive and the Corporation with respect to confidential and proprietary information applicable to the business of the Corporation, its parents, subsidiaries, affiliates and its clients. Executive further acknowledges the highly competitive nature of the business of the Corporation. Accordingly, the Corporation and Executive agree that the restrictions contained in this Section 16 are reasonable and necessary for the protection of the immediate interests of the Corporation and its parents, subsidiaries and affiliates and that any violation of these restrictions would cause substantial injury to the Corporation and its parents, subsidiaries and affiliates.

Appears in 4 contracts

Samples: Employment Agreement (Convergent Holding Corp), Employment Agreement (Convergent Holding Corp), Employment Agreement (Convergent Holding Corp)

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INTERESTS OF CORPORATION. Executive acknowledges that his employment as a member of the Corporation's executive management team creates a relationship of confidence and trust between Executive and the Corporation with respect to confidential and proprietary information applicable to the business of the Corporation, its parents, subsidiaries, affiliates and its clients. Executive further acknowledges the highly competitive nature of the business of the Corporation. Accordingly, the Corporation and Executive agree that the restrictions contained in this Section 16 15 are reasonable and necessary for the protection of the immediate interests of the Corporation and its parents, subsidiaries and subsidiaries, affiliates and that any violation of these restrictions would cause substantial injury to the Corporation and its parents, subsidiaries and affiliates.

Appears in 1 contract

Samples: Employment Agreement (Convergent Holding Corp)

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INTERESTS OF CORPORATION. Executive acknowledges that his her employment as a member of the Corporation's executive management team creates a relationship of confidence and trust between Executive and the Corporation with respect to confidential and proprietary information applicable to the business of the Corporation, its parents, subsidiaries, affiliates and its clients. Executive further acknowledges the highly competitive nature of the business of the Corporation. Accordingly, the Corporation and Executive agree that the restrictions contained in this Section 16 are reasonable and necessary for the protection of the immediate interests of the Corporation and its parents, subsidiaries and affiliates and that any violation of these restrictions would cause substantial injury to the Corporation and its parents, subsidiaries and affiliates.

Appears in 1 contract

Samples: Employment Agreement (Convergent Holding Corp)

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