Common use of Investors, Other Third-Parties, and Goodwill Clause in Contracts

Investors, Other Third-Parties, and Goodwill. Executive acknowledges that all third-parties he services or proposes to service while employed by the Company are doing business with the Company and not him personally, and that, in the course of dealing with such third-parties, the Company establishes goodwill with respect to each such third-party that is created and maintained at the Company’s expense (“Third-Party Goodwill”). Executive also acknowledges that, by virtue of his employment with the Company, he has gained or will gain knowledge of the business needs of, and other information concerning, third-parties, and that he would inevitably have to draw on such information were he to solicit or service any of the third-parties on his own behalf or on behalf of a Competitive Business.

Appears in 2 contracts

Samples: Employment Agreement (Emdeon Inc.), Employment Agreement (Emdeon Inc.)

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Investors, Other Third-Parties, and Goodwill. Executive acknowledges that all third-parties he services or proposes to service while employed by 7 the Company are doing business with the Company and not him personally, and that, in the course of dealing with such third-parties, the Company establishes goodwill with respect to each such third-party that is created and maintained at the Company’s expense (“Third-Party Goodwill”). Executive also acknowledges that, by virtue of his employment with the Company, he has gained or will gain knowledge of the business needs of, and other information concerning, third-parties, and that he would inevitably have to draw on such information were he to solicit or service any of the third-parties on his own behalf or on behalf of a Competitive Business.

Appears in 2 contracts

Samples: Employment Agreement (Emdeon Inc.), Employment Agreement (Emdeon Inc.)

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Investors, Other Third-Parties, and Goodwill. Executive acknowledges that all third-parties he services or proposes to service while employed by the Company are doing business with the Company and not him personally, and that, in the course of dealing with such third-parties, the Company establishes goodwill with respect to each such third-party that is created and maintained at the Company’s expense (“Third-Party Goodwill”). Executive also acknowledges that, by virtue of his employment with the Company, he has gained or will gain knowledge of the business needs of, and other information concerning, third-parties, and that he would inevitably have to draw on such information were he to solicit or service any of the third-third parties on his own behalf or on behalf of a Competitive Business.

Appears in 1 contract

Samples: Employment Agreement (Emdeon Inc.)

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