Unfair Competition and Solicitation. The Employee acknowledges that the provisions of this Undertaking are reasonable and necessary to legitimately protect the Company’s Proprietary Information, its property (including intellectual property) and its goodwill (the “Company’s Major Assets”). The Employee further acknowledges that he/she has carefully reviewed the provisions of this Undertaking, he/she fully understands the consequences thereof and he/she has assessed the respective advantages and disadvantages to him/her of entering into this Undertaking. In light of the above provisions, the Employee undertakes:
Unfair Competition and Solicitation. 2.1 The Services Provider acknowledges that the provisions of this Undertaking are reasonable and necessary to legitimately protect the Group’s Proprietary Information, its property (including intellectual property) and its goodwill and is reasonable, especially in light of the consideration and benefits payable to it according to the agreement between the Services Provider and the Company.
Unfair Competition and Solicitation. 2.1. Employee undertakes that during the term of employment with the Company and for a period of twelve (12) months thereafter, (i) Employee shall not, directly or indirectly, engage in or establish or otherwise become involved in, either as an employee, owner, partner, agent, shareholder, director, consultant or otherwise, any business, occupation, work or any other activity which competes with the business of the Company as conducted during the term of employment or planned, during such term, to be conducted, or which will have the likely effect of reducing the business volume or monetary profits of the Company; (ii) Employee shall not, directly or indirectly, solicit, hire or retain as an employee, consultant or otherwise, any employee of the Company or induce or attempt to induce any such employee to terminate or reduce the scope of such employee’s employment with the Company; and (iii) Employee shall not, directly or indirectly, solicit or induce, or attempt to solicit or induce, any employee, consultant, service provider, agent, distributor, supplier or customer of the Company, or third party with respect to which the Company took substantial steps to engage as an employee or as any of the foregoing during the period of Employee’s employment with the Company, to terminate, reduce or modify the scope of its or their employment with the Company.
Unfair Competition and Solicitation. 2.1. Executive undertakes that during the term of employment with the Company Executive shall not engage, establish, open or in any manner whatsoever become involved, directly or indirectly, either as an employee, owner, partner, agent, shareholder, director, consultant or otherwise, in any business, occupation, work or any other activity which competes with the business of the Company.
Unfair Competition and Solicitation. The Consultant acknowledges that in view of the assignments performed by him for the Company, his exposure to, and involvement in the Company’s sensitive, essential and valuable proprietary information, its property (including, intellectual property) and technologies, as well as its goodwill and business plans (the “Company’s Major Assets”), the provisions of this Section 2 above are reasonable and necessary to legitimately protect the Company’s Major Assets, and are being undertaken by the Consultant as a condition to the engagement of the Consultant by the Company. The Consultant confirms that the Consultant has carefully reviewed the provisions of this Section 2, fully understands the consequences of this Undertaking and of Section 2 thereof, and has assessed the respective advantages and disadvantages to the Consultant of entering into this Undertaking and, specifically, Section 2.
Unfair Competition and Solicitation. IL acknowledges that in light of IL’s position with the Company and in view of the IL’s exposure to, and involvement in, the Company’s sensitive and valuable proprietary information, property (including, intellectual property) and technologies, as well as its goodwill and business plans (the “Company’s Major Assets”), the provisions of this Section 2 are reasonable and necessary to legitimately protect the Company’s Major Assets, and are being undertaken by IL as a condition to the employment of IL by the Company. IL confirms that IL has carefully reviewed the provisions of this Section 2, fully understands the consequences thereof and has assessed the respective advantages and disadvantages to IL of entering into this Undertaking and, specifically, Section 2 hereof. In light of the above provisions, IL undertakes that during the term of employment with the Company and for a period of twelve (12) months thereafter:
Unfair Competition and Solicitation. We acknowledge that the provisions of this Proprietary Rights Agreement are reasonable and necessary to legitimately protect the Company’s Confidential Information, its property (including intellectual property and other proprietary information) and its goodwill (the “Company’s Major Assets”). We further acknowledge that we have carefully reviewed the provisions of this Proprietary Rights Agreement, have had the opportunity to consult with counsel of my choice, fully understand the consequences thereof and have assessed the respective advantages and disadvantages to me of entering into this Proprietary Rights Agreement. In light of the above provisions, we hereby undertake:
Unfair Competition and Solicitation. The Employee undertakes that during the term of employment with the Company and for a period or twelve (12) months thereafter: the Employee shall not, directly or indirectly, (i) engage or establish, either as an employee. owner, partner, agent, shareholder. director, consultant or otherwise, in any business, occupation, work or any other activity which competes with the then existing or planned business of the Company; (ii) solicit, hire or retain as an employee, consultant or otherwise, any employee or the Company or induce or attempt to induce any such employee to terminate or reduce the scope of such employee’s employment with the Company; and/or (iii) solicit or induce, or attempt to solicit or induce, any employee, consultant, service provider, agent, distributor, supplier or customer or the Company, or third party with respect to which the Company took substantial steps to engage as a customer during the period of the Employee’s employment at the Company, to terminate. reduce or modify the scope of their engagement with the Company. The Employee acknowledges that in light of the Employee’s position with the Company and in view of the Employee’s exposure to, and involvement in, the Company’s sensitive and valuable proprietary information, intellectual property and technologies, Confidential Information and Confidential Materials (the “Company’s Major Assets”), the provisions of this Section O above are reasonable and necessary to legitimately protect the Company’s Major Assets. and are being undertaken by the Employee as a condition to the employment of the Employee by the Company. The Employee confirms that the Employee has carefully reviewed the provisions or this Section 2, fully understands the consequences thereof and has assessed the respective advantages and disadvantages to the Employee of entering into this Confidentiality Agreement and, specifically, Section 2 hereof.
Unfair Competition and Solicitation. 2.1. The Executive acknowledges that the provisions of this Undertaking are reasonable and necessary to legitimately protect the Company’s Proprietary Information, its property (including intellectual property) and its goodwill (the “Company’s IP”). The Executive further acknowledges that he has carefully reviewed the provisions of this Undertaking, he fully understands the consequences thereof and he has assessed the respective advantages and disadvantages to him of entering into this Undertaking.
Unfair Competition and Solicitation. 5. Executive undertakes that during the term of employment with the Company Executive shall not engage, establish, open or in any manner whatsoever become involved, directly or indirectly, either as an employee, owner, partner, agent, shareholder, director, consultant or otherwise, in any business, occupation, work or any other activity which competes with the business of the Company. Executive undertakes that for a period of twelve (12) months following termination of Executive’s employment for whatever reason Executive shall not engage, establish, open or in any manner whatsoever become involved, directly or indirectly, either as an employee, owner, partner, agent, shareholder, director, consultant or otherwise, in any business, occupation, work or any other activity which directly involves or requires the use of any of the Company’s Major Assets, as defined below. Executive confirms that engagement, establishment, opening or involvement, directly or indirectly, either as an employee, owner, partner, agent, shareholder, director, consultant or otherwise, in any business, occupation, work or any other activity which competes with the business of the Company as conducted during the term of employment or contemplated, during such term, to be conducted, is likely to require the use of all or a portion of the Company’s Major Assets. The Executive acknowledges that in light of Executive’s position with the Company and in view of the Executive’s exposure to, and involvement in, the Company’s sensitive and valuable proprietary information, property (including, intellectual property) and technologies, as well as its goodwill and business plans (the “Company’s Major Assets”), the provisions of this Section 5 above are reasonable and necessary to legitimately protect the Company’s Major Assets, and are being undertaken by the Executive as a condition to the employment of Executive by the Company. The Executive confirms that Executive has carefully reviewed the provisions of this Section 5, fully understands the consequences thereof and has assessed the respective advantages and disadvantages to the Executive of entering into this Undertaking and, specifically, Section 5 hereof. Executive hereby declares that he is aware that a portion of the Salary contains additional consideration in exchange for the Executive fully undertaking the non-compete provisions in Sections 5 above. Notwithstanding anything in this provision, the Executive declares that he is financiall...
