Restrictive Covenant Agreement definition
Examples of Restrictive Covenant Agreement in a sentence
The provisions of the Restrictive Covenant Agreement shall survive any termination of this Agreement or the Executive’s termination of employment with the Company hereunder.
In addition, notwithstanding anything else herein to the contrary, Employee’s entitlement to the payments and benefits described in Section 5(b) shall be contingent upon Employee abiding by and not breaching any of the covenants set forth in the Release and in the Restrictive Covenant Agreement.
The Executive hereby acknowledges and agrees that the terms and conditions set forth in the Restrictive Covenant Agreement are material terms of the Executive’s employment relationship with the Company, and that the Company would not continue to employ Executive but for the Executive’s continued compliance with the terms and conditions set forth in the Restrictive Covenant Agreement.
For the avoidance of doubt, and without limitation, the subject matters identified in Exhibit C hereto are subject to Sections 3 and 4 of the Restrictive Covenant Agreement and You disclaim and hereby waive any rights thereto.
The Company’s obligations under this Agreement, including the Company’s agreement to provide severance and to allow Employee to participate in the other compensation programs as provided on Schedule A, is conditioned on Employee signing a Restrictive Covenant Agreement in the form of Schedule B (the “Restrictive Covenant Agreement”).