Common use of Representations and Acknowledgements Clause in Contracts

Representations and Acknowledgements. For purposes of Sections 10-13 and 15 hereof, the term “Company” shall refer to not only the Company, but also, jointly and severally, any entity, directly or indirectly, through one or more intermediaries, controlled by, in control of, or under common control with, the Company (collectively, “Company Affiliates”). Executive acknowledges and agrees that: (i) among the most valuable and indispensable assets of the Company are its Confidential Information (defined below) and close relationships with its Customers (defined below) and Suppliers (defined below, which includes, without limitation, employees), which the Company has devoted and continues to devote a substantial amount of time, money and other resources to develop; (ii) in connection with Executive’s employment with the Company, Executive will be exposed to and acquire the Company’s Confidential Information and develop, at the Company’s expense and support, special and close relationships with the Company’s Customers and Suppliers; (iii) the Company’s Confidential Information and close Customer and Supplier relationships must be protected; (iv) this Section 10 is a material provision of this Agreement and the Company would not engage Executive hereunder but for the promises and acknowledgements that Executive makes in this Section 10; (v) to the extent required by law, the covenants in this Agreement contain reasonable limitations as to time, geographical area and scope of activities to be restricted and that such covenants do not impose a greater restraint on Executive than is necessary to protect the Company’s Confidential Information, close Customer and Supplier relationships and other legitimate business interests; (vi) Executive’s compliance with such covenants will not inhibit Executive from earning a living or from working in Executive’s chosen profession; and (vii) any breach of such covenants will result in the Company being placed at an unfair competitive disadvantage and cause the Company serious and irreparable harm to its business.

Appears in 8 contracts

Samples: Employment Agreement (Agrify Corp), Employment Agreement (Agrify Corp), Employment Agreement (Agrify Corp)

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Representations and Acknowledgements. For purposes of Sections 10-13 and 15 hereof, the term “Company” shall refer to not only the Company, but also, jointly and severally, any entity, directly or indirectly, through one or more intermediaries, controlled by, in control of, or under common control with, the Company (collectively, “Company Affiliates”). Executive Employee acknowledges and agrees that: (i) among the Company’s most valuable and indispensable assets of the Company are its Confidential Information (defined below) and its close relationships with its Customers (defined below) and Suppliers (defined below, which includes, without limitation, employees), which the Company has devoted and continues to devote a substantial amount of time, money and other resources to develop; (ii) in connection with ExecutiveEmployee’s employment with the Company, Executive Employee will be exposed to and acquire the Company’s Confidential Information and develop, at the Company’s expense and support, special and close relationships with the Company’s Customers and Suppliers; (iii) Employee would not be able to engage in the activities restricted by this Sections 3 through 5 below without using or disclosing Confidential Information and trade secrets of the Company; (iv) the Company’s Confidential Information and close Customer relationships with its Customers and Supplier relationships Suppliers must be protected; (ivv) this Section 10 is a material provision of this Agreement and the Company would not engage Executive hereunder but for is employing or continuing to employ Employee only because of the promises and acknowledgements that Executive Employee makes in this Section 10Agreement; (vvi) to the extent required by law, the covenants in this Agreement contain are reasonable limitations as to time, geographical area and scope of activities to be restricted and that such covenants do not impose a greater restraint on Executive Employee than is necessary to protect the Company’s Confidential Information, close Customer relationships with its Customers and Supplier relationships Suppliers, and other legitimate business interests; (vivii) ExecutiveEmployee’s compliance with such covenants will not inhibit Executive Employee from earning a living or from working in ExecutiveEmployee’s chosen profession; and (viiviii) any breach of such covenants will result in the Company being placed at an unfair competitive disadvantage and cause the Company serious and irreparable harm to its business.

Appears in 6 contracts

Samples: Executive Employment Agreement (MGO Global Inc.), Executive Employment Agreement (MGO Global Inc.), Executive Employment Agreement (MGO Global Inc.)

Representations and Acknowledgements. For purposes of Sections 109-13 and 15 14 hereof, the term “Company” shall refer to not only the Company, but also, jointly and severally, any entity, directly or indirectly, through one or more intermediaries, controlled by, in control of, or under common control with, the Company (collectively, “Company Affiliates”). Executive acknowledges and agrees that: (i) among the most valuable and indispensable assets of the Company are its Confidential Information (defined below) and close relationships with its Customers (defined below) and Suppliers (defined below, which includes, without limitation, employees), which the Company has devoted and continues to devote a substantial amount of time, money and other resources to develop; (ii) in connection with Executive’s employment with the Company, Executive will be exposed to and acquire the Company’s Confidential Information and develop, at the Company’s expense and support, special and close relationships with the Company’s Customers and Suppliers; (iii) the Company’s Confidential Information and close Customer and Supplier relationships must be protected; (iv) this Section 10 9 is a material provision of this Agreement and the Company would not engage Executive hereunder but for the promises and acknowledgements that Executive makes in this Section 109; (v) to the extent required by law, the covenants in this Agreement contain reasonable limitations as to time, geographical area and scope of activities to be restricted and that such covenants do not impose a greater restraint on Executive than is necessary to protect the Company’s Confidential Information, close Customer and Supplier relationships and other legitimate business interests; (vi) Executive’s compliance with such covenants will not inhibit Executive from earning a living or from working in Executive’s chosen profession; and (vii) any breach of such covenants will result in the Company being placed at an unfair competitive disadvantage and cause the Company serious and irreparable harm to its business.

Appears in 2 contracts

Samples: Employment Agreement (Genenta Science S.p.A.), Employment Agreement (Genenta Science S.p.A.)

Representations and Acknowledgements. For purposes of Sections 108-11 and 13 and 15 hereof, the term “Company” shall refer to not only the Company, but also, jointly and severally, any entity, directly or indirectly, through one or more intermediaries, controlled by, in control of, or under common control with, the Company (collectively, “Company Affiliates”). Executive Xxxxxxxxx acknowledges and agrees that: (i) among the most valuable and indispensable assets of the Company are its Confidential Information (defined below) and close relationships with its Customers (defined below) and Suppliers (defined below, which includes, without limitation, employees), which the Company has devoted and continues to devote a substantial amount of time, money and other resources to develop; (ii) in connection with Executive’s employment Xxxxxxxxx’x service with the Company, Executive Xxxxxxxxx will be exposed to and acquire the Company’s Confidential Information and develop, at the Company’s expense and support, special and close relationships with the Company’s Customers and Suppliers; (iii) the Company’s Confidential Information and close Customer and Supplier relationships must be protected; (iv) this Section 10 8 is a material provision of this Agreement and the Company would not engage Executive Xxxxxxxxx hereunder but for the promises and acknowledgements that Executive Xxxxxxxxx makes in this Section 108; (v) to the extent required by law, the covenants in this Agreement contain reasonable limitations as to time, geographical area and scope of activities to be restricted and that such covenants do not impose a greater restraint on Executive Xxxxxxxxx than is necessary to protect the Company’s Confidential Information, close Customer and Supplier relationships and other legitimate business interests; (vi) Executive’s Xxxxxxxxx’x compliance with such covenants will not inhibit Executive Xxxxxxxxx from earning a living or from working in Executive’s Xxxxxxxxx’x chosen profession; and (vii) any breach of such covenants will result in the Company being placed at an unfair competitive disadvantage and cause the Company serious and irreparable harm to its business.

Appears in 2 contracts

Samples: Chairman Agreement (Empatan Public LTD Co), Chairman Agreement (Empatan Public LTD Co)

Representations and Acknowledgements. For purposes of Sections 10-13 and 15 hereof, the term “Company” shall refer to not only the Company, but also, jointly and severally, any entity, directly or indirectly, through one or more intermediaries, controlled by, in control of, or under common control with, the Company (collectively, “Company Affiliates”). Executive Employee acknowledges and agrees that: (i) among the Company’s most valuable and indispensable assets of the Company are its Confidential Information (defined below) and its close relationships with its Customers (defined below) and Suppliers (defined below, which includes, without limitation, employees), which the Company has devoted and continues to devote a substantial amount of time, money and other otter resources to develop; (ii) in connection with ExecutiveEmployee’s employment with the Company, Executive Employee will be exposed to and acquire the Company’s Confidential Information and develop, at the Company’s expense and support, special and close relationships with the Company’s Customers and Suppliers; (iii) Employee would not be able to engage in the activities restricted by this Sections 3 through 5 below without using or disclosing Confidential Information and trade secrets of the Company; (iv) the Company’s Confidential Information and close Customer relationships with its Customers and Supplier relationships Suppliers must be protected; (ivv) this Section 10 is a material provision of this Agreement and the Company would not engage Executive hereunder but for is employing or continuing to employ Employee only because of the promises and acknowledgements that Executive Employee makes in this Section 10Agreement; (vvi) to the extent required by law, the covenants in this Agreement contain are reasonable limitations as to time, geographical area and scope of activities to be restricted and that such covenants do not impose a greater restraint on Executive than Employee titan is necessary to protect the Company’s Confidential Information, close Customer relationships with its Customers and Supplier relationships Suppliers, and other legitimate business interests; (vivii) ExecutiveEmployee’s compliance with such covenants will not inhibit Executive exhibit Employee from earning a living or from working in ExecutiveEmployee’s chosen profession; and (viiviii) any breach of such covenants will result in the Company being placed at an unfair competitive disadvantage and cause the Company serious and irreparable harm to its business.

Appears in 1 contract

Samples: Executive Employment Agreement (MGO Global Inc.)

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Representations and Acknowledgements. For purposes of Sections 108-11 and 13 and 15 hereof, the term “Company” shall refer to not only the Company, but also, jointly and severally, any entity, directly or indirectly, through one or more intermediaries, controlled by, in control of, or under common control with, the Company (collectively, “Company Affiliates”). Executive acknowledges and agrees that: (i) among the most valuable and indispensable assets of the Company are its Confidential Information (defined below) and close relationships with its Customers (defined below) and Suppliers (defined below, which includes, without limitation, employees), which the Company has devoted and continues to devote a substantial amount of time, money and other resources to developde-velop; (ii) in connection with Executive’s employment with the Company, Executive will be exposed ex-posed to and acquire the Company’s Confidential Information and develop, at the Company’s expense ex-pense and support, special and close relationships with the Company’s Customers and Suppliers; (iii) the CompanyCom-pany’s Confidential Information and close Customer and Supplier relationships must be protected; (iv) this Section 10 Sec-tion 8 is a material provision of this Agreement and the Company would not engage Executive hereunder but for the promises and acknowledgements that Executive makes in this Section 108; (v) to the extent required by law, the covenants in this Agreement contain reasonable limitations as to time, geographical area and scope of activities to be restricted and that such covenants do not impose a greater restraint on Executive than is necessary to protect the Company’s Confidential Information, close Customer and Supplier relationships and other legitimate business interests; (vi) Executive’s compliance with such covenants will not inhibit Executive from earning a living or from working in Executive’s chosen profession; and (vii) any breach of such covenants will result in the Company Com-pany being placed at an unfair competitive disadvantage and cause the Company serious and irreparable ir-reparable harm to its business.

Appears in 1 contract

Samples: Employment Agreement (BurgerFi International, Inc.)

Representations and Acknowledgements. For purposes of Sections 10-13 and 15 hereof, the term “Company” shall refer to not only the Company, but also, jointly and severally, any entity, directly or indirectly, through one or more intermediaries, controlled by, in control of, or under common control with, the Company (collectively, “Company Affiliates”). Executive acknowledges and agrees that: (i) among the Company’s most valuable and indispensable assets of the Company are its Confidential Information (defined below) and its close relationships with its Customers (defined below) and Suppliers (defined below, which includes, without limitation, employees), which the Company has devoted and continues to devote a substantial amount of time, money and other resources to develop; (ii) in connection with Executive’s employment with the Company, Executive will be exposed to and acquire the Company’s Confidential Information and develop, at the Company’s expense and support, special and close relationships with the Company’s Customers and Suppliers; (iii) Executive would not be able to engage in the activities restricted by the provisions of Sections 11 through 13 without using or disclosing Confidential Information and trade secrets of the Company; (iv) the Company’s Confidential Information and close Customer relationships with its Customers and Supplier relationships Suppliers must be protected; (ivv) this Section 10 is a material provision of this Agreement and the Company would not engage is employing or continuing to employ Executive hereunder but for only because of the promises and acknowledgements that Executive makes in this Section 10Agreement; (vvi) to the extent required by law, the covenants in this Agreement contain are reasonable limitations as to time, geographical area and scope of activities to be restricted and that such covenants do not impose a greater restraint on Executive than is necessary to protect the Company’s Confidential Information, close Customer relationships with its Customers and Supplier relationships Suppliers, and other legitimate business interests; (vivii) Executive’s compliance with such covenants will not inhibit Executive from earning a living or from working in Executive’s chosen profession; and (viiviii) any breach of such covenants will result in the Company being placed at an unfair competitive disadvantage and cause the Company serious and irreparable harm to its business.

Appears in 1 contract

Samples: Executive Employment Agreement (AgEagle Aerial Systems Inc.)

Representations and Acknowledgements. For purposes of Sections 10-13 and 15 hereof, the term “Company” shall refer to not only the Company, but also, jointly and severally, any entity, directly or indirectly, through one or more intermediaries, controlled by, in control of, or under common control with, the Company (collectively, “Company Affiliates”). Executive Employee acknowledges and agrees that: (i) among the Company’s most valuable and indispensable assets of the Company are its Confidential Information (defined below) and its close relationships with its Customers (defined below) and Suppliers (defined below, which includes, without limitation, employees), employees which the Company has devoted and continues to devote a substantial amount of time, money and other otter resources to develop; (ii) in connection with ExecutiveEmployee’s employment with the Company, Executive Employee will be exposed to and acquire the Company’s Confidential Information and develop, at the Company’s expense and support, special and close relationships with the Company’s Customers and Suppliers; (iii) Employee would not be able to engage in the activities restricted by this Sections 3 through 5 below without using or disclosing Confidential Information and trade secrets of the Company; (iv) the Company’s Confidential Information and close Customer relationships with its Customers and Supplier relationships Suppliers must be protected; (ivv) this Section 10 is a material provision of this Agreement and the Company would not engage Executive hereunder but for is employing or continuing to employ Employee only because of the promises and acknowledgements that Executive Employee makes in this Section 10Agreement; (vvi) to the extent required by law, the covenants in this Agreement contain are reasonable limitations as to time, geographical area and scope of activities to be restricted and that such covenants do not impose a greater restraint on Executive Employee than is necessary to protect the Company’s Confidential Information, close Customer relationships with its Customers and Supplier relationships Suppliers, and other legitimate business interests; (vivii) ExecutiveEmployee’s compliance with such covenants will not inhibit Executive Employee from earning a living or from working in ExecutiveEmployee’s chosen profession; and (viiviii) any breach of such covenants will result in the Company being bang placed at an unfair competitive disadvantage and cause the Company serious and irreparable harm to its business.

Appears in 1 contract

Samples: Executive Employment Agreement (MGO Global Inc.)

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