Common use of ACKNOWLEDGMENTS OF EXECUTIVE Clause in Contracts

ACKNOWLEDGMENTS OF EXECUTIVE. The Executive acknowledges and agrees that by virtue of the Executive's position and involvement with the business and affairs of the Company, the Executive will develop substantial expertise and knowledge with respect to all aspects of the business, affairs and operations of the Company and will have access to all significant aspects of the business and operations of the Company and to Confidential and Proprietary Information (as such term is hereinafter defined). The Executive acknowledges and agrees that the Company will be damaged if the Executive were to breach any of the provisions of this Section 10 or if the Executive were to disclose or make unauthorized use of any Confidential and Proprietary Information. Accordingly, the Executive expressly acknowledges and agrees that the Executive is voluntarily entering into this Agreement and that the terms, provisions and conditions of this Section 10 are fair and reasonable and necessary to adequately protect the Company.

Appears in 5 contracts

Samples: Executive Employment Agreement (GrowGeneration Corp.), Executive Employment Agreement (Stratex Oil & Gas Holdings, Inc.), Executive Employment Agreement (GrowGeneration Corp.)

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ACKNOWLEDGMENTS OF EXECUTIVE. The Executive acknowledges and agrees that by virtue of the Executive's ’s position and involvement with the business and affairs of the Company, the Executive will develop substantial expertise and knowledge with respect to all aspects of the business, affairs and operations of the Company and will have access to all significant aspects of the business and operations of the Company and to Confidential and Proprietary Information (as such term is hereinafter defined). The Executive acknowledges and agrees that the Company will be damaged if the Executive were to breach any of the provisions of this Section 10 or if the Executive were to disclose or make unauthorized use of any Confidential and Proprietary Information. Accordingly, the Executive expressly acknowledges and agrees that the Executive is voluntarily entering into this Agreement and that the terms, provisions and conditions of this Section 10 are fair and reasonable and necessary to adequately protect the Company.

Appears in 4 contracts

Samples: Employment Agreement (GrowGeneration Corp.), Employment Agreement (GrowGeneration Corp.), Employment Agreement (GrowGeneration Corp.)

ACKNOWLEDGMENTS OF EXECUTIVE. The Executive acknowledges and agrees ages that by virtue of the Executive's ’s position and involvement with the business and affairs of the Company, the Executive will develop substantial expertise and knowledge with respect to all aspects of the business, . affairs and operations of the Company and will have access to all significant aspects of the business and operations of the Company and to Confidential and Proprietary Information (as such term is hereinafter defined). The Executive acknowledges and agrees that the Company will be damaged if the Executive were to breach any of the provisions of this Section 10 or if the Executive were to disclose or make unauthorized use of any Confidential and Proprietary Information. Accordingly, the Executive expressly acknowledges and agrees that the Executive is voluntarily entering into this Agreement and that the terms, provisions and conditions of this Section 10 are fair and reasonable and necessary to adequately protect the Company.

Appears in 3 contracts

Samples: Employment Agreement (GrowGeneration Corp.), Executive Employment Agreement (GrowGeneration Corp.), Employment Agreement (GrowGeneration Corp.)

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ACKNOWLEDGMENTS OF EXECUTIVE. The Executive acknowledges and agrees ages that by virtue of the Executive's ’ s position and involvement with the business and affairs of the Company, the Executive will develop substantial expertise and knowledge with respect to all aspects of the business, . affairs and operations of the Company and will have access to all significant aspects of the business and operations of the Company and to Confidential and Proprietary Information (as such term is hereinafter defined). The Executive acknowledges and agrees that the Company will be damaged if the Executive were to breach any of the provisions of this Section 10 or if the Executive were to disclose or make unauthorized use of any Confidential and Proprietary Information. Accordingly, the Executive expressly acknowledges and agrees that the Executive is voluntarily entering into this Agreement and that the terms, provisions and conditions of this Section 10 are fair and reasonable and necessary to adequately protect the Company.

Appears in 1 contract

Samples: Employment Agreement (GrowGeneration Corp.)

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