Common use of Noncompetition; Nonsolicitation; Confidential Information, etc Clause in Contracts

Noncompetition; Nonsolicitation; Confidential Information, etc. The Executive hereby acknowledges that, during and solely as a result of Executive's employment by the Company, the Executive will have access to confidential information and business and professional contacts. In consideration therefor, the Executive hereby agrees to be bound by and acknowledges the reasonableness of the following covenants, which are specifically relied upon by the Company in entering into this Agreement. Executive acknowledges and agrees that each of the individual provisions of this Section 7 constitutes a separate and distinct obligation of the Executive to the Company, individually enforceable against the Executive.

Appears in 5 contracts

Samples: Employment Agreement (American Barge Line Co), Employment Agreement (American Barge Line Co), Employment Agreement (American Barge Line Co)

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Noncompetition; Nonsolicitation; Confidential Information, etc. The Executive hereby acknowledges that, during and solely as a result of the Executive's employment by the Company, the Executive will have access to confidential information and business and professional contacts. In consideration therefor, the Executive hereby agrees to be bound by and acknowledges the reasonableness of the following covenants, which are specifically relied upon by the Company in entering into this Agreement. The Executive acknowledges and agrees that each of the individual provisions of this Section 7 constitutes a separate and distinct obligation of the Executive to the Company, individually enforceable against the Executive.

Appears in 1 contract

Samples: Employment Agreement (American Barge Line Co)

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