Common use of Acknowledgement Clause in Contracts

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s rights under Section 7, Section 8, and Section 9 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, and Section 9 of this Agreement or the Company’s enforcement thereof.

Appears in 18 contracts

Samples: Employment Agreement (Lipella Pharmaceuticals Inc), Employment Agreement (Meridian Bioscience Inc), Executive Employment Agreement (Eco Innovation Group, Inc.)

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Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s rights under Section 7, Section 8, and Section 9 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, and Section 9 of this Agreement or the Company’s enforcement thereof.

Appears in 10 contracts

Samples: Employment Agreement (Golden Nugget Online Gaming, Inc.), Executive Employment Agreement (Waitr Holdings Inc.), Employment Agreement (Waitr Holdings Inc.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s rights under Section Sections 6, 7, Section 8, and Section 9 8 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section Sections 6, 7, Section 8, and Section 9 8 of this Agreement or the Company’s enforcement thereof.

Appears in 9 contracts

Samples: Employment Agreement (Dipexium Pharmaceuticals, Inc.), Award Agreement (PLX Pharma Inc.), Employment Agreement (Dipexium Pharmaceuticals, Inc.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s 's industry, methods of doing business and marketing strategies by virtue of the Executive’s 's employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s 's rights under Section 7, Section 8, 8 and Section 9 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, 8 and Section 9 of this Agreement or the Company’s 's enforcement thereof.

Appears in 8 contracts

Samples: Employment Agreement (Biotech Products Services & Research, Inc.), Amended and Restated Employment Agreement (Quantum Materials Corp.), Employment Agreement (Biotech Products Services & Research, Inc.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s rights under Section 73, Section 8, 4 and Section 9 8 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 73, Section 8, 4 and Section 9 8 of this Agreement or the Company’s enforcement thereof.

Appears in 8 contracts

Samples: Employment Agreement (Cortex Pharmaceuticals Inc/De/), Employment Agreement (RespireRx Pharmaceuticals Inc.), Employment Agreement (Cortex Pharmaceuticals Inc/De/)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s rights under Section 76, Section 8, 7 and Section 9 8 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 76, Section 8, 7 and Section 9 8 of this Agreement or the Company’s enforcement thereof.

Appears in 4 contracts

Samples: Confidential Information and Invention Assignment Agreement (Workiva Inc), Confidential Information and Invention Assignment Agreement (Workiva LLC), Employment Agreement (Workiva Inc)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s employment; and that the restrictive covenants and other terms and conditions of this Amended Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s rights under Section 7, Section 8, and Section 9 of this Amended Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, and Section 9 of this Amended Agreement or the Company’s enforcement thereof.

Appears in 3 contracts

Samples: Employment Agreement (Us Xpress Enterprises Inc), Employment Agreement (Us Xpress Enterprises Inc), Employment Agreement (Us Xpress Enterprises Inc)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s 's industry, methods of doing business and marketing strategies by virtue of the Executive’s 's employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s 's rights under Section 70, Section 86, and Section 9 7 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 70, Section 86, and Section 9 7 of this Agreement or the Company’s 's enforcement thereof.

Appears in 3 contracts

Samples: Youssef Hanine Employment Agreement (Nodechain, Inc.), Employment Agreement (Nodechain, Inc.), Nuciola Iii Employment Agreement (Nodechain, Inc.)

Acknowledgement. The Executive Employee acknowledges and agrees that the services to be rendered by him his to the Company are of a special and unique character; that the Executive Employee will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the ExecutiveEmployee’s employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive Employee further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s rights under Section 7, Section 8, 7 and Section 9 8 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, 7 and Section 9 8 of this Agreement or the Company’s enforcement thereof.

Appears in 3 contracts

Samples: Employment Agreement (Silo Pharma, Inc.), Employment Agreement (DatChat, Inc.), Employment Agreement (DatChat, Inc.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s 's industry, methods of doing business and marketing strategies by virtue of the Executive’s 's employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s 's rights under Section 7, Section 8, and Section 9 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, and Section 9 of this Agreement or the Company’s 's enforcement thereof.

Appears in 3 contracts

Samples: Employment Agreement (Amerinac Holding Corp.), Employment Agreement (Meridian Bioscience Inc), Employment Agreement (Amerinac Holding Corp.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s rights under Section 7, Section 8, 8 and Section 9 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, 8 and Section 9 of this Agreement or the Company’s enforcement thereof.

Appears in 3 contracts

Samples: Escrow Agreement (Steel Excel Inc.), Employment Agreement (Biotech Products Services & Research, Inc.), Employment Agreement (Quantum Materials Corp.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s employment; employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s 's rights under Section 7, Section 8, 7 and Section 9 8 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, 7 and Section 9 8 of this Agreement or the Company’s 's enforcement thereof.

Appears in 2 contracts

Samples: Penko Ivanov Employment Agreement (Bankwell Financial Group, Inc.), David Dineen Employment Agreement (Bankwell Financial Group, Inc.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s 's industry, methods of doing business and marketing strategies by virtue of the Executive’s 's employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest interests of the Company. The Executive further acknowledges and agrees that the amount of his compensation hereunder reflects, in part, substantial consideration for his obligations and the Company’s 's rights under Section 7, Section 8, and Section Sections 7 through 9 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, and Section Sections 7 through 9 of this Agreement or the Company’s 's enforcement thereof.

Appears in 2 contracts

Samples: Executive Employment Agreement (Veru Inc.), Executive Employment Agreement (Veru Inc.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s 's rights under Section 7, Section 8, 7 and Section 9 8 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, 7 and Section 9 8 of this Agreement or the Company’s 's enforcement thereof. 10.

Appears in 2 contracts

Samples: Employment Agreement (Bankwell Financial Group, Inc.), Employment Agreement (Bankwell Financial Group, Inc.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him his to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s rights under Section 7, Section 8, 7 and Section 9 8 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, 7 and Section 9 8 of this Agreement or the Company’s enforcement thereof.

Appears in 2 contracts

Samples: Gruseke Employment Agreement (Bankwell Financial Group, Inc.), Christopher Gruseke Employment Agreement (Bankwell Financial Group, Inc.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive has obtained and will continue to obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s rights under Section 7, Section 8, 6 and Section 9 7 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, 6 or Section 8, and Section 9 7 of this Agreement or the Company’s enforcement thereof.

Appears in 1 contract

Samples: Employment Agreement (Transcat Inc)

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Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industryCompany Fields, methods of doing business and marketing strategies by virtue of the Executive’s 's employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s 's rights under Section 7, Section 8, 8 and Section 9 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, 8 and Section 9 of this Agreement or the Company’s 's enforcement thereof.

Appears in 1 contract

Samples: Employment Agreement (Cti Industries Corp)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s rights under Section 78, Section 8, 9 and Section 9 10 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 78, Section 8, 9 and Section 9 10 of this Agreement or the Company’s enforcement thereof.

Appears in 1 contract

Samples: Employment Agreement (Radius Health, Inc.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s rights under Section 76, Section 87, and Section 9 8 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 76, Section 87, and Section 9 8 of this Agreement or the Company’s enforcement thereof.

Appears in 1 contract

Samples: Employment Agreement (AYRO, Inc.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him his to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s rights under Section 7, Section 8, and Section Sections 7 through 9 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, and Section Sections 7 through 9 of this Agreement or the Company’s enforcement thereof.

Appears in 1 contract

Samples: Executive Employment Agreement (Veru Inc.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him her m to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s 's industry, methods of doing business and marketing strategies by virtue of the Executive’s 's employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his her compensation reflects, in part, his her obligations and the Company’s 's rights under Section 7, Section 8, 7 and Section 9 8 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he she will not be subject to undue hardship by reason of his her full compliance with the terms and conditions of Section 7, Section 8, 7 and Section 9 8 of this Agreement or the Company’s 's enforcement thereof. 2.

Appears in 1 contract

Samples: Employment Agreement (Bankwell Financial Group, Inc.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s 's industry, methods of doing business and marketing strategies by virtue of the Executive’s 's employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s 's rights under Section 76, Section 8, 7 and Section 9 8 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 76, Section 8, 7 and Section 9 8 of this Agreement or the Company’s 's enforcement thereof.

Appears in 1 contract

Samples: Employment Agreement (Diversified Restaurant Holdings, Inc.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s 's industry, methods of doing business and marketing strategies by virtue of the Executive’s 's employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s 's rights under Section 7, Section 8, and Section Sections 7 through 9 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, and Section Sections 7 through 9 of this Agreement or the Company’s 's enforcement thereof.

Appears in 1 contract

Samples: Employment Agreement (Female Health Co)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s 's industry, methods of doing business and marketing strategies by virtue of the Executive’s 's employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s 's rights under Section 7, Section 8, 7 and Section 9 8 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, 7 and Section 9 8 of this Agreement or the Company’s 's enforcement thereof.

Appears in 1 contract

Samples: Employment Agreement (Bankwell Financial Group, Inc.)

Acknowledgement. The Executive Employee acknowledges and agrees that the services to be rendered by him his to the Company Corporation are of a special and unique character; that the Executive Employee will obtain knowledge and skill relevant to the CompanyCorporation’s industry, methods of doing business and marketing strategies by virtue of the ExecutiveEmployee’s employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the CompanyCorporation. The Executive Employee further acknowledges that the amount of his compensation reflects, in part, his obligations and the CompanyCorporation’s rights under Section 7, Section 8, 7 and Section 9 8 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, 7 and Section 9 8 of this Agreement or the CompanyCorporation’s enforcement thereof.

Appears in 1 contract

Samples: Employment Agreement (NFT Gaming Co Inc.)

Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by him to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the CompanyCompany Group. The Executive further acknowledges that the amount of his compensation reflects, in part, his obligations and the Company’s rights under Section 7, Section 8, 8 and Section 9 of this Agreement; that he has no expectation of any additional compensation, royalties or other payment of any kind not otherwise referenced herein in connection herewith; and that he will not be subject to undue hardship by reason of his full compliance with the terms and conditions of Section 7, Section 8, 8 and Section 9 of this Agreement or the Company’s enforcement thereof.

Appears in 1 contract

Samples: Executive Employment Agreement (Acquired Sales Corp)

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