Common use of Obligations of the Executive During and After Employment Clause in Contracts

Obligations of the Executive During and After Employment. (a) The Executive acknowledges and agrees that solely by virtue of his employment by, and relationship with, the Company, he will acquire "Confidential Information," as defined in subparagraph (vii) below, as well as special knowledge of the Company's relationships with its clients, and that, but for his association with the Company, the Executive will not have had access to said Confidential Information or knowledge of said relationships. The Executive further acknowledges and agrees (1) that the Company has long term relationships with its clients, and that those relationships were developed at great expense and difficulty to the Company over several years of close and continuing involvement; (2) that the Company's relationships with its clients are and will continue to be valuable, special and unique assets of the Company and (3) that the Company has the following protectable interests that are critical to its competitive advantage in the industry and would be of demonstrable value in the hands of a competitor: software designs and application; plans, modeling products and tools (including, but not limited to, COMPPASS 2000); processes, distribution networks, and protocols; research bases, systems, and industry benchmarks; and concepts, ideas, marketing strategies, and other matters not generally known to the public. In return for the consideration described in this Agreement, and as a condition precedent both to the grant of the Option under the Stock Award Agreement and the Company employing the Executive, and as an inducement to the Company to do so, the Executive hereby represents, warrants and covenants as follows:

Appears in 3 contracts

Samples: Employment Agreement (Navigant Consulting Inc), Employment Agreement (Navigant Consulting Inc), Employment Agreement (Navigant Consulting Inc)

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Obligations of the Executive During and After Employment. (a) The Executive acknowledges and agrees that solely by virtue of his employment by, and relationship with, the Company, he will acquire "Confidential Information," as defined in subparagraph (vii) below, as well as special knowledge of the Company's relationships with its clients, and that, but for his association with the Company, the Executive will not have had access to said Confidential Information or knowledge of said relationships. The Executive further acknowledges and agrees (1) that the Company has long term relationships with its clients, and that those relationships were developed at great expense and difficulty to the Company over several years of close and continuing involvement; (2) that the Company's relationships with its clients are and will continue to be valuable, special and unique assets of the Company and (3) that the Company has the following protectable interests that are critical to its competitive advantage in the industry and would be of demonstrable value in the hands of a competitor: software designs and application; plans, modeling products and tools (including, but not limited to, COMPPASS COMPASS 2000); processes, distribution networks, and protocols; research bases, systems, and industry benchmarks; and concepts, ideas, marketing strategies, and other matters not generally known to the public. In return for the consideration described in this Agreement, and as a condition precedent both to the grant of the Option under the Stock Award Agreement and the Company employing the Executive, and as an inducement to the Company to do so, the Executive hereby represents, warrants and covenants as follows:

Appears in 2 contracts

Samples: Employment Agreement (Navigant Consulting Inc), Employment Agreement (Navigant Consulting Inc)

Obligations of the Executive During and After Employment. (a) The Executive acknowledges and agrees that solely by virtue of his employment by, and relationship with, the Company, he will acquire "Confidential Information," as defined in subparagraph (vii) below, as well as special knowledge of the Company's relationships with its clients, and that, but for his association with the Company, the Executive will not have had access to said Confidential Information or knowledge of said relationships. The Executive further acknowledges and agrees (1) that the Company has long term relationships with its clients, and that those relationships were developed at great expense and difficulty to the Company over several years of close and continuing involvement; (2) that the Company's relationships with its clients are and will continue to be valuable, special and unique assets of the Company and (3) that the Company has the following protectable interests that are critical to its competitive advantage in the industry and would be of demonstrable value in the hands of a competitor: software designs and application; plans, modeling products and tools (including, but not limited to, COMPPASS 2000); processes, distribution networks, and protocols; research bases, systems, and industry benchmarks; and concepts, ideas, marketing strategies, and other matters not generally known to the public. In return for the consideration described in this Agreement, and as a condition precedent both to the grant of the restricted shares and the Option under the Stock Award Agreement Company's Long-Term Incentive Plan and the Company employing the Executive, and as an inducement to the Company to do so, the Executive hereby represents, warrants and covenants as follows:

Appears in 1 contract

Samples: Employment Agreement (Navigant Consulting Inc)

Obligations of the Executive During and After Employment. (a) The Executive acknowledges and agrees that solely by virtue of his employment by, and relationship with, the Company, he will acquire "Confidential Information," as defined in subparagraph Subparagraph (vii) below, as well as special knowledge of the Company's ’s relationships with its clients, and that, but for his association with the Company, the Executive will not have had access to said Confidential Information or knowledge of said relationships. The Executive further acknowledges and agrees (1) that the Company has long long-term relationships with its clients, and that those relationships were developed at great expense and difficulty to the Company over several years of close and continuing involvement; (2) that the Company's ’s relationships with its clients are and will continue to be valuable, special and unique assets of the Company and (3) that the Company has the following protectable interests that are critical to its competitive advantage in the industry and would be of demonstrable value in the hands of a competitor: software designs and application; plans, modeling products and tools (including, but not limited to, COMPPASS COMPASS 2000); processes, distribution networks, and protocols; research bases, systems, and industry benchmarks; and concepts, ideas, marketing strategies, and other matters not generally known to the public. In return for the consideration described in this Agreement, and as a condition precedent both to the grant of the Option under the Stock Award Agreement and the Company employing the Executive, and as an inducement to the Company to do so, the Executive hereby represents, warrants and covenants as follows:

Appears in 1 contract

Samples: Employment Agreement (Navigant Consulting Inc)

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Obligations of the Executive During and After Employment. (a) The Executive acknowledges and agrees that solely by virtue of his employment by, and relationship with, the Company, he will acquire "Confidential Information," as defined in subparagraph (vii) below, as well as special knowledge of the Company's ’s relationships with its clients, and that, but for his association with the Company, the Executive will not have had access to said Confidential Information or knowledge of said relationships. The Executive further acknowledges and agrees (1) that the Company has long term relationships with its clients, and that those relationships were developed at great expense and difficulty to the Company over several years of close and continuing involvement; (2) that the Company's ’s relationships with its clients are and will continue continue. to be valuable, special and unique assets of the Company and (3) that the Company has the following protectable interests that are critical to its competitive advantage in the industry and would be of demonstrable value in the hands of a competitor: software designs and application; plans, modeling products and tools (including, but not limited to, COMPPASS COMPASS 2000); processes, distribution networks, and protocols; research bases, systems, and industry benchmarks; and concepts, ideas, marketing strategies, and other matters not generally known to the public. In return for the consideration described in this Agreement, and as a condition precedent both to the grant of the Option under the Stock Award Agreement and the Company employing the Executive, and as an inducement to the Company to do so, the Executive hereby represents, warrants and covenants as follows:

Appears in 1 contract

Samples: Employment Agreement (Navigant Consulting Inc)

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