Common use of Purpose; General Summary; and Post Employment Activities Clause in Contracts

Purpose; General Summary; and Post Employment Activities. (a) The Company and the Executive agree that the success and value of IMCO's, the IMCO Group's and the Company's business depend largely on the favorable reputation and good will that have been created by superior managerial skills, market position, product technology, good customer relations, a stable work force and high employee morale. The Executive recognizes and expressly acknowledges that his services are unique and extraordinary and that he plays an integral and valuable role in sustaining and enhancing the progress, reputation and good will of IMCO, the IMCO Group and/or the Company. Executive acknowledges that as of the time this Agreement is entered into, the Company, IMCO and the IMCO Group are providing to the Executive, on an initial and ongoing basis, now and throughout the Term of this Agreement, Confidential Information and specialized training. The Company and the Executive also agree that access to IMCO's, the IMCO Group's and the Company's customers and Confidential Information and such specialized training is essential for the most efficient performance of the Executive's duties and obligations. The Executive acknowledges and expressly confirms that in the course of his employment by the Company and in furtherance of his duties and obligations as an executive officer of IMCO, the Executive has developed valuable banking and financial, customer and other key relationships and has acquired (and will continue to acquire) valuable Confidential Information that would be useful to IMCO's, the IMCO Group's and/or the Company's competitors and, if so disclosed, would unreasonably harm the business of IMCO, the IMCO Group and/or the Company. The Executive further acknowledges and specifically agrees he must at all times act in a manner that would augment the reputation and good will of IMCO, the IMCO Group and the Company and that it is in the best interest of the Company and the Executive for the parties to reach a mutual agreement under which the Executive's employment and post-employment activities are subject to certain restrictions as a means of securing and protecting the reputation, good will, Confidential Information and other valuable protectable interests of IMCO, the IMCO Group and/or the Company.

Purpose; General Summary; and Post Employment Activities. (a) The Company and the Executive agree that the success and value of IMCO's, the IMCO Group's and the Company's business depend largely on the favorable reputation and good will that have been created by superior managerial skills, market position, product technology, good customer relations, a stable work force and high employee morale. The Executive recognizes and expressly acknowledges that his services are unique and extraordinary and that he plays an integral and valuable role in sustaining and enhancing the progress, reputation and good will of IMCO, the IMCO Group and/or the Company. Executive acknowledges that as of the time this Agreement is entered into, the Company, IMCO and the IMCO Group are providing to the Executive, on an initial and ongoing basis, now and throughout the Term of this Agreement, Confidential Information and specialized training. The Company and the Executive also agree that access to IMCO's, the IMCO Group's and the Company's customers and Confidential Information and such specialized training is essential for the most efficient performance of the Executive's duties and obligations. The Executive acknowledges and expressly confirms that in the course of his employment by the Company and in furtherance of his duties and obligations as an executive officer of IMCO, the Executive has developed valuable banking and financial, customer and other key relationships and has acquired (and will continue to acquire) valuable Confidential Information that would be useful to IMCO's, the IMCO Group's and/or the Company's competitors and, if so discloseddisclosed to the Company's competitors, would unreasonably harm the business of IMCO, the IMCO Group and/or the Company. The Executive further acknowledges and specifically agrees he must at all times act in a manner that would augment the reputation and good will of IMCO, the IMCO Group and the Company and that it is in the best interest of the Company and the Executive for the parties to reach a mutual agreement under which the Executive's employment and post-employment activities are subject to certain restrictions as a means of securing and protecting the reputation, good will, Confidential Information and other valuable protectable interests of IMCO, the IMCO Group and/or the Company.

Purpose; General Summary; and Post Employment Activities. (a) The Company and the Executive agree that the success and value of IMCO's’s, the IMCO Group's ’s and the Company's ’s business depend largely on the favorable reputation and good will that have been created by superior managerial skills, market position, product technology, good customer relations, a stable work force and high employee morale. The Executive recognizes and expressly acknowledges that his services are unique and extraordinary and that he plays an integral and valuable role in sustaining and enhancing the progress, reputation and good will of IMCO, the IMCO Group and/or the Company. Executive acknowledges that as of the time this Agreement is entered into, the Company, IMCO and the IMCO Group are providing to the Executive, on an initial and ongoing basis, now and throughout the Term of this Agreement, Confidential Information and specialized training. The Company and the Executive also agree that access to IMCO's’s, the IMCO Group's ’s and the Company's ’s customers and Confidential Information and such specialized training is essential for the most efficient performance of the Executive's ’s duties and obligations. The Executive acknowledges and expressly confirms that in the course of his employment by the Company and in furtherance of his duties and obligations as an executive a senior officer of IMCO, the Executive has developed valuable banking and financial, customer and other key relationships and has acquired (and will continue to acquire) valuable Confidential Information that would be useful to IMCO's’s, the IMCO Group's ’s and/or the Company's ’s competitors and, if so disclosed, would unreasonably harm the business of IMCO, the IMCO Group and/or the Company. The Executive further acknowledges and specifically agrees he must at all times act in a manner that would augment the reputation and good will of IMCO, the IMCO Group and the Company and that it is in the best interest of the Company and the Executive for the parties to reach a mutual agreement under which the Executive's ’s employment and post-employment activities are subject to certain restrictions as a means of securing and protecting the reputation, good will, Confidential Information and other valuable protectable interests of IMCO, the IMCO Group and/or the Company.