Common use of ACKNOWLEDGMENTS OF EXECUTIVE Clause in Contracts

ACKNOWLEDGMENTS OF EXECUTIVE. Executive hereby acknowledges and agrees that: (a) this Agreement is necessary for the protection of the legitimate business interests of Company and its Affiliates; (b) the restrictions contained in this Agreement may be enforced in a court of law whether or not Executive is terminated with or without cause or for performance related reasons; (c) Executive has no intention of competing with Company and its Affiliates within the limitations set forth above; (d) Executive has received adequate and valuable consideration for entering into this Agreement; (e) Executive’s covenants shall be construed as independent of any other provision in this Agreement and the existence of any claim or cause of action Executive may have against Company or any Affiliate, whether predicated on this Agreement or not, shall not constitute a defense to the enforcement by Company or an Affiliate of these covenants; and (f) the execution and delivery of this Agreement is a mandatory condition precedent to Executive’s receipt of the consideration provided herein.

Appears in 19 contracts

Samples: Executive Employment Agreement (Mastech Digital, Inc.), Executive Employment Agreement (Mastech Digital, Inc.), Agreement (Mastech Digital, Inc.)

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ACKNOWLEDGMENTS OF EXECUTIVE. Executive hereby acknowledges and agrees that: (a) this Agreement is necessary for the protection of the legitimate business interests of Company and its Affiliatesthe Company; (b) the restrictions contained in this Agreement may be enforced in a court of law whether or not Executive is terminated with or without cause or for performance related reasons; (c) Executive has no intention of competing with the Company and its Affiliates within the limitations set forth above; (d) Executive has received adequate and valuable consideration for entering into this Agreement; (e) Executive’s covenants shall be construed as independent of any other provision in this Agreement and the existence of any claim or cause of action Executive may have against Company or any Affiliatethe Company, whether predicated on this Agreement or not, shall not constitute a defense to the enforcement by Company or an Affiliate of these covenants; and (f) the execution and delivery of this Agreement is a mandatory condition precedent to the Executive’s receipt of the consideration provided herein.

Appears in 8 contracts

Samples: Executive Employment Agreement (Mastech Holdings, Inc.), Executive Employment Agreement (Mastech Holdings, Inc.), Executive Employment Agreement (Mastech Holdings, Inc.)

ACKNOWLEDGMENTS OF EXECUTIVE. Executive hereby acknowledges and agrees that: (a) this Agreement is necessary for the protection of the legitimate business interests of Company and its Affiliates; (b) the restrictions contained in this Agreement may be enforced in a court of law whether or not Executive is terminated with or without cause or for performance related reasons; (c) Executive has no intention of competing with Company and its Affiliates within the limitations set forth above; (d) Executive has received adequate and valuable consideration for entering into this Agreement; (e) Executive’s covenants shall be construed as independent of any other provision in this Agreement and the existence of any claim or cause of action Executive may have against Company or any Affiliate, whether predicated on this Agreement or not, shall not constitute a defense to the enforcement by Company or an Affiliate of these covenants; and (f) the execution and delivery of this Agreement is a mandatory condition precedent to the Executive’s receipt of the consideration provided herein.

Appears in 7 contracts

Samples: Executive Employment Agreement (Mastech Holdings, Inc.), Executive Employment Agreement (Mastech Holdings, Inc.), Executive Employment Agreement (Mastech Holdings, Inc.)

ACKNOWLEDGMENTS OF EXECUTIVE. Executive hereby acknowledges and agrees that: (a) this Agreement is necessary for the protection of the legitimate business interests of Company and its Affiliates; (b) the restrictions contained in this Agreement may be enforced in a court of law whether or not Executive is terminated with or without cause Cause or for performance related reasons; (c) Executive has no intention of competing with Company and its Affiliates within the limitations set forth above; (d) Executive has received adequate and valuable consideration for entering into this Agreement; (e) Executive’s covenants shall be construed as independent of any other provision in this Agreement and the existence of any claim or cause of action Executive may have against Company or any Affiliate, whether predicated on this Agreement or not, shall not constitute a defense to the enforcement by Company or an Affiliate of these covenants; and (f) the execution and delivery of this Agreement is a mandatory condition precedent to the Executive’s receipt of the consideration provided herein.

Appears in 3 contracts

Samples: Executive Employment Agreement (Mastech Holdings, Inc.), Executive Employment Agreement (Mastech Holdings, Inc.), Executive Employment Agreement (Mastech Holdings, Inc.)

ACKNOWLEDGMENTS OF EXECUTIVE. (a) Executive hereby acknowledges and agrees that: that (ai) this Agreement is necessary for the protection of the legitimate business interests of Company the Company, including, but not limited to, its goodwill, customer relationships, and its AffiliatesConfidential Information; (bii) the restrictions contained in this Agreement may be enforced in a court of law whether or not Executive is terminated with or without cause or for performance related reasonsCause; (ciii) Executive has no intention of competing with the Company and its Affiliates within the limitations set forth above; (div) Executive has received adequate and valuable consideration for entering into this Agreement; (ev) Executive’s covenants shall be construed as independent of any other provision in this Agreement and the existence of any claim or cause of action Executive may have against Company or any Affiliatethe Company, whether predicated on this Agreement or not, shall not constitute a defense to the enforcement by the Company or an Affiliate of these covenants; and (fvi) the execution and delivery of this Agreement is a mandatory condition precedent to Executive’s receipt of the consideration provided herein.

Appears in 3 contracts

Samples: Founders Employment Agreement (Seismic Capital Co), Founders Employment Agreement (Seismic Capital Co), Employment Agreement (Seismic Capital Co)

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ACKNOWLEDGMENTS OF EXECUTIVE. Executive hereby acknowledges and ---------------------------- agrees that: (a) this Agreement is necessary for the protection of the legitimate business interests of Company and its Affiliatesthe Company; (b) the restrictions contained in this Agreement may be enforced in a court of law whether or not Executive is terminated with or without cause or for performance related reasons; (c) Executive has no intention of competing with the Company and its Affiliates within the limitations set forth above; (d) Executive has received adequate and valuable consideration for entering into this Agreement; (e) Executive’s 's covenants shall be construed as independent of any other provision in this Agreement and the existence of any claim or cause of action Executive may have against Company or any Affiliatethe Company, whether predicated on this Agreement or not, shall not constitute a defense to the enforcement by Company or an Affiliate of these covenants; and (f) the execution and delivery of this Agreement is a mandatory condition precedent to the Executive’s 's receipt of the consideration provided herein.

Appears in 2 contracts

Samples: Executive Employment Agreement (Igate Capital Corp), Executive Employment Agreement (Igate Capital Corp)

ACKNOWLEDGMENTS OF EXECUTIVE. Executive hereby acknowledges and ---------------------------- agrees that: (a) this Agreement is necessary for the protection of the legitimate business interests of Company and its Affiliates; (b) the restrictions contained in this Agreement may be enforced in a court of law whether or not Executive is terminated with or without cause or for performance related reasons; (c) Executive has no intention of competing with Company and its Affiliates within the limitations set forth above; (d) Executive has received adequate and valuable consideration for entering into this Agreement; (e) Executive’s 's covenants shall be construed as independent of any other provision in this Agreement and the existence of any claim or cause of action Executive may have against Company or any Affiliate, whether predicated on this Agreement or not, shall not constitute a defense to the enforcement by Company or an Affiliate of these covenants; and (f) the execution and delivery of this Agreement is a mandatory condition precedent to the Executive’s 's receipt of the consideration provided herein.. (Initial ) -----

Appears in 1 contract

Samples: Executive Employment Agreement (Igate Capital Corp)

ACKNOWLEDGMENTS OF EXECUTIVE. Executive hereby acknowledges and agrees that: (a) this Agreement is necessary for the protection of the legitimate business interests of Company and its Affiliates; (b) the restrictions contained in this Agreement may be enforced in a court of law whether or not Executive is terminated with or without cause Cause or for performance related reasons; (c) Executive has no intention of competing with Company and its Affiliates within the limitations set forth above; (d) Executive has received adequate and valuable consideration for entering into this Agreement; (e) Executive’s covenants shall be construed as independent of any other provision in this Agreement and the existence of any claim or cause Cause of action Executive may have against Company or any Affiliate, whether predicated on this Agreement or not, shall not constitute a defense to the enforcement by Company or an Affiliate of these covenants; and (f) the execution and delivery of this Agreement is a mandatory condition precedent to the Executive’s receipt of the consideration provided herein.

Appears in 1 contract

Samples: Executive Employment Agreement (Mastech Holdings, Inc.)

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