Wisconsin Addendum Clause Samples
Wisconsin Addendum. If a court of competent jurisdiction deems that Wisconsin law applies, then: (i) the tolling language in Section 11(e)(4) shall not apply; and (ii) the definition of “Covered Employee” shall be modified to be further limited to those employees who are either entrusted with Confidential Information or employed in a position essential to the management, organization, or service of the business (such as, but not limited to maintaining Company’s or its Subsidiary’s or Affiliate’s customer and other key relationships).
Wisconsin Addendum. If a court of competent jurisdiction deems that Wisconsin law applies, then: (i) the tolling language in Section 11(e)(4) shall not apply; (ii) the definition of “Covered Employee” shall be modified to be further limited to those employees who are either entrusted with Confidential Information or employed in a position essential to the management, organization, or service of the business (such as, but not limited to maintaining the Company’s or its Subsidiary’s or Affiliate’s customer and other key relationships); and (iii) the Participant understands that the obligations in Section 11(b)(2) of the Addendum are limited to the Territory. Executive will be eligible for the following relocation benefits at the Company’s expense: • Home Sale Assistance. Reimbursement of eligible normal and customary home sale closing costs will be provided after Executive has independently sold the home to an outside buyer. Normal and Customary reimbursable expenses include real estate commission fees not to exceed 6%. • Home Purchase Assistance. Reasonable and customary buyer closing costs, up to 3% of purchase price, regarding the purchase of Executive’s home in the Nashville, Tennessee area.
Wisconsin Addendum. No. 1: The language in paragraph 1 “Confidentiality” is amended by adding the following at the end of subparagraph 1(b): To the extent the above obligation of non-use and non-disclosure of Confidential Information applies after the termination of my employment and to Confidential Information that does not meet the definition of a trade secret under applicable law, it shall apply only for two years after the termination of my employment and only in geographic areas in which the unauthorized use or disclosure of such Confidential Information would be competitively damaging to the Company. No. 2: The language in paragraph 2 “Non-Competition” is amended by striking the definition of “Responsibilities” and replacing it with the following:
Wisconsin Addendum. To the extent Wisconsin law is deemed to govern this Agreement, the following modifications apply:
Wisconsin Addendum. Addendum No. 1: The language in Section III.A. “Business Partner” is ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ replaced with the following: