Common use of ACKNOWLEDGMENTS BY THE EXECUTIVE Clause in Contracts

ACKNOWLEDGMENTS BY THE EXECUTIVE. The Executive acknowledges that (a) prior to and during the Employment Period and as a part of his employment, the Executive has been and will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) because the Executive possesses substantial technical expertise and skill with respect to the Employer’s business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; and (d) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 18 contracts

Samples: Executive Employment Agreement (BMC Software Inc), Executive Employment Agreement (BMC Software Inc), Executive Employment Agreement (BMC Software Inc)

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ACKNOWLEDGMENTS BY THE EXECUTIVE. The Executive acknowledges that (a) prior to and during the Employment Period and as a part of his employment, the Executive has been and will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) because the Executive possesses substantial technical expertise and skill with respect to the Employer’s 's business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; and (d) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 12 contracts

Samples: Employment Agreement (Primal Solutions Inc), Employment Agreement (Primal Solutions Inc), Employment Agreement (Go2pharmacy Com Inc)

ACKNOWLEDGMENTS BY THE EXECUTIVE. The Executive acknowledges that (a) prior to and during the Employment Period and as a part of his employment, the Executive has been and will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) because the Executive possesses substantial technical expertise and skill with respect to the Employer’s business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; and (d) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 11 contracts

Samples: Employment Agreement (Security With Advanced Technology, Inc.), Employment Agreement (A4s Technologies Inc), Employment Agreement (A4s Technologies Inc)

ACKNOWLEDGMENTS BY THE EXECUTIVE. The Executive acknowledges that (a) prior to and during the Employment Period and as a part of his employment, the Executive has been and will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) because the Executive possesses substantial technical expertise and skill with respect to the Employer’s 's business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; and (d) the provisions of this Section 7 6 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 4 contracts

Samples: Employment Agreement (Primal Solutions Inc), Employment Agreement (Primal Solutions Inc), Employment Agreement (Primal Solutions Inc)

ACKNOWLEDGMENTS BY THE EXECUTIVE. The Executive acknowledges that (a) prior to and during the Employment Period and as a part of his employment, the Executive has been and will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) because the Executive possesses substantial technical expertise and skill with respect to the Employer’s 's business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; and (d) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 3 contracts

Samples: Executive Employment Agreement (BMC Software Inc), Employment Agreement (BMC Software Inc), Executive Employment Agreement (BMC Software Inc)

ACKNOWLEDGMENTS BY THE EXECUTIVE. The Executive acknowledges that (a) prior to and during the Employment Period and as a part of his employment, the Executive has been and will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) because the Executive possesses substantial technical expertise and skill with respect to the Employer’s 's business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; and (d) the provisions of this Section 7 6 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 3 contracts

Samples: Employment Agreement (Vertical Health Solutions Inc), Employment Agreement (Nutriceuticals Com Corp), Employment Agreement (Nutriceuticals Com Corp)

ACKNOWLEDGMENTS BY THE EXECUTIVE. The Executive acknowledges that (a) prior to and during the Employment Period and as a part of his employment, the Employer will give the Executive has been and will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer, other members of the Employer Group and its businesstheir respective businesses; (c) because the Executive possesses substantial technical expertise and skill with respect to the Employer’s business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; and (d) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 3 contracts

Samples: Employment Agreement (Resaca Exploitation, Inc.), Employment Agreement (Resaca Exploitation, Inc.), Employment Agreement (Resaca Exploitation, Inc.)

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ACKNOWLEDGMENTS BY THE EXECUTIVE. The Executive acknowledges that (a) prior to and during the Employment Period and as a part of his employment, the Executive has been and will be was afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer Company and its business; (c) because the Executive possesses substantial technical expertise and skill with respect to the Employer’s businessBusiness, the Employer Company (or, as applicable, its Affiliates) desires to obtain exclusive ownership of each Employee Invention, and the Employer will Company (or, as applicable, its Affiliates) may be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; and (d) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer Company (or, as applicable, its Affiliates) with exclusive ownership of all Employee Inventions.

Appears in 2 contracts

Samples: Employment Agreement (Hach Co), Employment Agreement (Hach Co)

ACKNOWLEDGMENTS BY THE EXECUTIVE. The Executive acknowledges that (a) prior to and during the Employment Period and as a part of his her employment, the Executive has been and will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) because the Executive possesses substantial technical expertise and skill with respect to the Employer’s business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; and (d) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 2 contracts

Samples: Executive Employment Agreement (BMC Software Inc), Executive Employment Agreement (BMC Software Inc)

ACKNOWLEDGMENTS BY THE EXECUTIVE. The Executive acknowledges that (a) prior to and during the Employment Period and as a part of his her employment, the Executive has been and will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and an its business; (c) because the Executive possesses substantial technical expertise and skill with respect to the Employer’s business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; and (d) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 1 contract

Samples: Executive Employment Agreement (BMC Software Inc)

ACKNOWLEDGMENTS BY THE EXECUTIVE. The Executive acknowledges that (a) prior to and during the Employment Period and as a part of his employment, the Executive has been and will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) because the Executive possesses substantial technical expertise and skill with respect to the Employer’s business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; and (d) the provisions of this Section 7 6 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 1 contract

Samples: Escrow Agreement (Primal Solutions Inc)

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