Common use of Monitoring Compliance Clause in Contracts

Monitoring Compliance. In order to allow the Corporation to monitor Grantee’s compliance with the conditions imposed under this Section 6, beginning with Grantee’s Termination of Employment Grantee shall provide written notice to the Executive Vice-President, Human Resources, of the identity of each new employer with whom Grantee accepts employment or of any other entity to which Grantee provides professional services, together with Grantee’s new job title and a brief description of job duties, during the noncompetition period specified in the Restrictive Covenant Agreement.

Appears in 4 contracts

Samples: Restricted Stock Units Agreement (Federal Home Loan Mortgage Corp), Performance Restricted Stock Units Agreement (Federal Home Loan Mortgage Corp), Performance Restricted Stock Units Agreement (Federal Home Loan Mortgage Corp)

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Monitoring Compliance. In order to allow the Corporation to monitor Grantee’s compliance with the conditions imposed under this Section 63, beginning with Grantee’s Termination of Employment Grantee shall provide written notice to the Executive Vice-President, Human Resources, of the identity of each new employer with whom Grantee accepts employment or of any other entity to which Grantee provides professional services, together with Grantee’s new job title and a brief description of job duties, during the noncompetition period specified in the Restrictive Covenant Agreement.

Appears in 1 contract

Samples: Federal Home Loan Mortgage Corporation Nonqualified Stock Option Agreement (Federal Home Loan Mortgage Corp)

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Monitoring Compliance. In order to allow the Corporation to monitor Grantee’s compliance with the conditions imposed under this Section 64, beginning with Grantee’s Termination of Employment Grantee shall provide written notice to the Executive Vice-President, Human Resources, of the identity of each new employer with whom Grantee accepts employment or of any other entity to which Grantee provides professional services, together with Grantee’s new job title and a brief description of job duties, during the noncompetition period specified in the Restrictive Covenant Agreement.

Appears in 1 contract

Samples: Federal Home Loan Mortgage Corporation Nonqualified Stock Option Agreement (Federal Home Loan Mortgage Corp)

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