Common use of Acknowledgment by the Employee Clause in Contracts

Acknowledgment by the Employee. The Employee acknowledges and confirms that: (i) the restrictive covenants contained in this Section 1.6 are reasonably necessary to protect the legitimate business interests of the Company; (ii) the restrictions contained in this Section 1.6 (including, without limitation, the length of the term of the provisions of this Section 1.6) are not overbroad, overlong, or unfair and are not the result of overreaching, duress, or coercion of any kind; and (iii) the Employee’s entry into this Agreement and, specifically this Section 1.6, is a material inducement and required condition to the Company’s entry into this Agreement. The Employee further acknowledges and confirms that his full and faithful observance of each of the covenants contained in this Section 1.6 will not cause him any undue hardship, financial or otherwise, and that enforcement of each of the covenants contained herein will not impair his ability to obtain employment commensurate with his abilities and on terms fully acceptable to him or otherwise to obtain income required for the comfortable support of his family and the satisfaction of the needs of his creditors. The Employee acknowledges and confirms that his special knowledge of the business of the Company is such as would cause the Company serious injury or loss if he were to use such ability and knowledge to the benefit of a competitor or were to compete with the Company in violation of the terms of this Section 1.6. The Employee further acknowledges that the restrictions contained in this Section 1.6 are intended to be, and shall be, for the benefit of and shall be enforceable by, the Company’s successors and assigns.

Appears in 4 contracts

Samples: Employment Agreement (Barrington Broadcasting Group LLC), Employment Agreement (Barrington Broadcasting Group LLC), Employment Agreement (Barrington Broadcasting Group LLC)

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Acknowledgment by the Employee. The Employee acknowledges and confirms that: that (ia) the restrictive covenants contained in this Section 1.6 these Sections 7 through 12 are reasonably necessary to protect the legitimate business interests of the Company; , and (iib) the restrictions contained in this Section 1.6 these Sections 7 through 12 (including, including without limitation, limitation the length of the term of the provisions of this Section 1.6such provisions) are not overbroad, overlong, or unfair and are not the result of overreaching, duress, duress or coercion of any kind; and (iii) the Employee’s entry into this Agreement and, specifically this Section 1.6, is a material inducement and required condition to the Company’s entry into this Agreement. The Employee further acknowledges and confirms that his full full, uninhibited and faithful observance of each of the covenants contained in this Section 1.6 these Sections 7 through 12 will not cause him any undue hardship, financial or otherwise, and that enforcement of each of the covenants contained herein will not impair his ability to obtain employment commensurate with his abilities and on terms fully acceptable to him or otherwise to obtain income required for the comfortable support of him and his family and the satisfaction of the needs of his creditors. The Employee acknowledges and confirms that his special knowledge of the business of the Company is such as would cause the Company serious injury or loss if he were to use such ability and knowledge to the benefit of a competitor or were to compete with the Company in violation of the terms of this Section 1.6these Sections 7 through 12. The Employee further acknowledges that the restrictions contained in this Section 1.6 these Sections 7 through 12 are intended to be, and shall be, for the benefit of and shall be enforceable by, the Company’s 's successors and assigns.

Appears in 2 contracts

Samples: Employment Agreement (Sunair Electronics Inc), Employment Agreement (Sunair Electronics Inc)

Acknowledgment by the Employee. The Employee acknowledges and confirms that: (i1) the restrictive covenants contained in this Section 1.6 Sections 7 through 12 are reasonably necessary to protect the legitimate business interests of the Company; and (iib) the restrictions contained in this Section 1.6 Sections 7 through 12 (including, including without limitation, limitation the length of the term of the provisions of this Section 1.6such provisions) are not overbroad, overlong, or unfair and are not the result of overreaching, duress, duress or coercion of any kind; and (iii) the Employee’s entry into this Agreement and, specifically this Section 1.6, is a material inducement and required condition to the Company’s entry into this Agreement. The Employee further acknowledges and confirms that his full full, uninhibited and faithful observance of each of the covenants contained in this Section 1.6 Sections 7 through 12 EMPLOYEE COMPANY will not cause him any undue hardship, financial or otherwise, and that enforcement of each of the covenants contained herein will not impair his ability to obtain employment commensurate with his abilities and on terms fully acceptable to him or otherwise to obtain income required for the comfortable support of him and his family and the satisfaction of the needs of his creditors. The Employee acknowledges and confirms that his special knowledge of the business of the Company is such as would cause the Company serious injury or loss if he were to use such ability and knowledge to the benefit of a competitor or were to compete with the Company in violation of the terms of this Section 1.6Sections 7 through 12. The Employee further acknowledges that the restrictions contained in this Section 1.6 Sections 7 through 12 are intended to be, and shall be, for the benefit of and shall be enforceable by, the Company’s successors and assigns. The Employee acknowledges that his obligations under Sections 7 through 12 of this Agreement are independent of any obligation the Company might owe to him, whether under this Agreement or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Equity Media Holdings CORP)

Acknowledgment by the Employee. The Employee acknowledges and confirms that: that (ia) the restrictive covenants contained in this Section 1.6 these Sections 7 through 12 are reasonably necessary to protect the legitimate business interests of the Company; , and (iib) the restrictions contained in this Section 1.6 these Sections 7 through 12 (including, including without limitation, limitation the length of the term of the provisions of this Section 1.6such provisions) are not overbroad, overlong, or unfair and are not the result of overreaching, duress, duress or coercion of any kind; and (iii) the Employee’s entry into this Agreement and, specifically this Section 1.6, is a material inducement and required condition to the Company’s entry into this Agreement. The Employee further acknowledges and confirms that his full full, uninhibited and faithful observance of each of the covenants contained in this Section 1.6 these Sections 7 through 12 will not cause him any undue hardship, financial or otherwise, and that enforcement of each of the covenants contained herein will not impair his ability to obtain employment commensurate with his abilities and on terms fully acceptable to him or otherwise to obtain income required for the comfortable support of him and his family and the satisfaction of the needs of his creditors. The Employee acknowledges and confirms that his special knowledge of the business of the Company is such as would cause the Company serious injury or loss if he were to use such ability and knowledge to the benefit of a competitor or were to compete with the Company in violation of the terms of this Section 1.6these Sections 7 through 12. The Employee further acknowledges that the restrictions contained in this Section 1.6 these Sections 7 through 12 are intended to be, and shall be, for the benefit of and shall be enforceable by, the Company’s successors and assigns.

Appears in 1 contract

Samples: Employment Agreement (Sunair Services Corp)

Acknowledgment by the Employee. The Employee acknowledges and confirms that: that (ia) the restrictive covenants contained in this Section 1.6 Sections 7 through 12 are reasonably necessary to protect the legitimate business interests of the Company; , and (iib) the restrictions contained in this Section 1.6 Sections 7 through 12 (including, including without limitation, limitation the length of the term of the provisions of this Section 1.6such provisions) are not overbroad, overlong, or unfair and are not the result of overreaching, duress, duress or coercion of any kind; and (iii) the Employee’s entry into this Agreement and, specifically this Section 1.6, is a material inducement and required condition to the Company’s entry into this Agreement. The Employee further acknowledges and confirms that his full full, uninhibited and faithful observance of each of the covenants contained in this Section 1.6 Sections 7 through 12 will not cause him any undue hardship, financial or otherwise, and that enforcement of each of the covenants contained herein will not impair his ability to obtain employment commensurate with his abilities and on terms fully acceptable to him or otherwise to obtain income required for the comfortable support of him and his family and the satisfaction of the needs of his creditors. The Employee acknowledges and confirms that his special knowledge of the business of the Company is such as would cause the Company serious injury or loss if he were to use such ability and knowledge to the benefit of a competitor or were to compete with the Company in violation of the terms of this Section 1.6Sections 7 through 12. The Employee further acknowledges that the restrictions contained in this Section 1.6 Sections 7 through 12 are intended to be, and shall be, for the benefit of and shall be enforceable by, the Company’s successors and assigns.

Appears in 1 contract

Samples: Employment Agreement (Devcon International Corp)

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Acknowledgment by the Employee. The Employee acknowledges and confirms that: (i1) the restrictive covenants contained in this Section 1.6 Sections 7 through 12 are reasonably necessary to protect the legitimate business interests of the Company; and (iib) the restrictions contained in this Section 1.6 Sections 7 through 12 (including, including without limitation, limitation the length of the term of the provisions of this Section 1.6such provisions) are not overbroad, overlong, or unfair and are not the result of overreaching, duress, duress or coercion of any kind; and (iii) the Employee’s entry into this Agreement and, specifically this Section 1.6, is a material inducement and required condition to the Company’s entry into this Agreement. The Employee further acknowledges and confirms that his full full, uninhibited and faithful observance of each of the covenants contained in this Section 1.6 Sections 7 through 12 will not cause him any undue hardship, financial or otherwise, and that enforcement of each of the covenants contained herein will not impair his ability to obtain employment commensurate with his abilities and on terms fully acceptable to him or otherwise to obtain income required for the comfortable support of him and his family and the satisfaction of the needs of his creditors. The Employee acknowledges and confirms that his special knowledge of the business of the Company is such as would cause the Company serious injury or loss if he were to use such ability and knowledge to the benefit of a competitor or were to compete with the Company in violation of the terms of this Section 1.6Sections 7 through 12. The Employee further acknowledges that the restrictions contained in this Section 1.6 Sections 7 through 12 are intended to be, and shall be, for the benefit of and shall be enforceable by, the Company’s successors and assigns. The Employee acknowledges that his obligations under Sections 7 through 12 of this Agreement are independent of any obligation the Company might owe to him, whether under this Agreement or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Equity Media Holdings CORP)

Acknowledgment by the Employee. The Employee acknowledges and confirms that: that (ia) the restrictive covenants contained in this Section 1.6 Sections 7 through 12 are reasonably necessary to protect the legitimate business interests of the Company; , and (iib) the restrictions contained in this Section 1.6 Sections 7 through 12 (including, including without limitation, limitation the length of the term of the provisions of this Section 1.6such provisions) are not overbroad, overlong, or unfair and are not the result of overreaching, duress, duress or coercion of any kind; and (iii) the Employee’s entry into this Agreement and, specifically this Section 1.6, is a material inducement and required condition to the Company’s entry into this Agreement. The Employee further acknowledges and confirms that his full full, uninhibited and faithful observance of each of the covenants contained in this Section 1.6 these Sections 7 through 12 will not cause him any undue hardship, financial or otherwise, and that enforcement of each of the covenants contained herein will not impair his ability to obtain employment commensurate with his abilities and on terms fully acceptable to him or otherwise to obtain income required for the comfortable support of him and his family and the satisfaction of the needs of his creditors. The Employee acknowledges and confirms that his special knowledge of the business of the Company is such as would cause the Company serious injury or loss if he were to use such ability and knowledge to the benefit of a competitor or were to compete with the Company in violation of the terms of this Section 1.6these Sections 7 through 12. The Employee further acknowledges that the restrictions contained in this Section 1.6 these Sections 7 through 12 are intended to be, and shall be, for the benefit of and shall be enforceable by, the Company’s successors and assigns.

Appears in 1 contract

Samples: Employment Agreement (Devcon International Corp)

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