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 or use it for personal benefit or the benefit of competitors of the Affiliated Group.

Appears in 5 contracts

Samples: Form Performance Restricted Share Unit Award Agreement (Freescale Semiconductor, Ltd.), Form Nonqualified Stock Option Agreement (Freescale Semiconductor Holdings I, Ltd.), Form Restricted Share Unit Award Agreement (Freescale Semiconductor Holdings I, Ltd.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.