Common use of Company Goodwill Clause in Contracts

Company Goodwill. The Participant recognizes and acknowledges that the Affiliated Group has and continues to develop goodwill of substantial value through efforts of employees, including the Participant. This goodwill includes, but is not limited to, the identity and skill sets of its employees, its relationships with employees and customers, intangible value attributable to its products created by Participant and others, and the Affiliated Group’s brand and reputation within the industry. Participant shall take no action to damage the goodwill of the Affiliated Group (including disparaging the Affiliated Group or any of their respective directors, officers, executives, employees, agents or other representatives) or use it for personal benefit or the benefit of competitors of the Affiliated Group.

Appears in 12 contracts

Samples: Performance Restricted Share Unit Award Agreement (Freescale Semiconductor, Ltd.), Form Performance Restricted Share Unit Award Agreement (Freescale Semiconductor, Ltd.), Performance Restricted Share Unit Award Agreement (Freescale Semiconductor, Ltd.)

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Company Goodwill. The Participant Executive recognizes and acknowledges that the Affiliated Group has and continues to develop goodwill of substantial value through efforts of employees, including the ParticipantExecutive. This goodwill includes, but is not limited to, the identity and skill sets of its employees, its relationships with employees and customers, intangible value attributable to its products created by Participant Executive and others, and the Affiliated Group’s brand and reputation within the industry. Participant Executive shall take no action to damage the goodwill of the Affiliated Group (including disparaging the Affiliated Group or any of their respective directors, officers, executives, employees, agents or other representatives) or use it for personal benefit or the benefit of competitors of the Affiliated Group.

Appears in 6 contracts

Samples: Omnibus Incentive Plan (Freescale Semiconductor, Ltd.), Omnibus Incentive Plan (Freescale Semiconductor, Ltd.), Performance Restricted Share Unit Award Agreement (Freescale Semiconductor, Ltd.)

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Company Goodwill. The Participant Executive recognizes and acknowledges that the Affiliated Group has and continues to develop goodwill of substantial value through efforts of employees, including the ParticipantExecutive. This goodwill includes, but is not limited to, the identity and skill sets of its employees, its relationships with employees and customers, intangible value attributable to its products created by Participant Executive and others, and the Affiliated Group’s brand and reputation within the industry. Participant Executive shall take no action to damage the goodwill of the Affiliated Group (including disparaging the Affiliated Group or any of their respective directors, directors officers, executives, employees, agents or other representatives) or use it for personal benefit or the benefit of competitors of the Affiliated Group.

Appears in 2 contracts

Samples: Form Nonqualified Stock Option Agreement (Freescale Semiconductor, Ltd.), Omnibus Incentive Plan (Freescale Semiconductor, Ltd.)

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