Common use of CONFIDENTIAL INFORMATION AND COVENANT NOT TO COMPETE Clause in Contracts

CONFIDENTIAL INFORMATION AND COVENANT NOT TO COMPETE. All payments and ----------------------------------------------------- benefits to Xxxxxxx shall be subject to Xxxxxxx' compliance with this Agreement and the provisions of this Section 7. However, Xxxxxxx' covenants contained in this Section 7 shall terminate and shall be unenforceable and of no further legal force or effect in the event the Company, its successors or assigns, becomes insolvent, is liquidated or ceases for any reason to conduct business operations for a continuous period of at least thirty (30) days.

Appears in 1 contract

Samples: Employment Agreement (Skylynx Communications Inc)

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CONFIDENTIAL INFORMATION AND COVENANT NOT TO COMPETE. All payments and ----------------------------------------------------- benefits to Xxxxxxx Xxxxxx shall be subject to Xxxxxxx' Xxxxxx'x compliance with this Agreement and the provisions of this Section 76. However, Xxxxxxx' Xxxxxx'x covenants contained in this Section 7 6 shall terminate and shall be unenforceable and of no further legal force or effect in the event the Company, its successors or assigns, becomes insolvent, is liquidated or ceases for any reason to conduct business operations for a continuous period of at least thirty (30) days.

Appears in 1 contract

Samples: Employment Agreement (Skylynx Communications Inc)

CONFIDENTIAL INFORMATION AND COVENANT NOT TO COMPETE. All payments and ----------------------------------------------------- benefits to Xxxxxxx shall be subject to Xxxxxxx' compliance with this Agreement and the provisions of this Section 76. However, Xxxxxxx' covenants contained in this Section 7 6 shall terminate and shall be unenforceable and of no further legal force or effect in the event the Company, its successors or assigns, becomes insolvent, is liquidated or ceases for any reason to conduct business operations for a continuous period of at least thirty (30) days.

Appears in 1 contract

Samples: Employment Agreement (Skylynx Communications Inc)

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CONFIDENTIAL INFORMATION AND COVENANT NOT TO COMPETE. All payments and ----------------------------------------------------- benefits to Xxxxxxx shall be subject to Xxxxxxx' compliance with this Agreement and the provisions of this Section 76. However, Xxxxxxx' covenants contained in this Section 7 shall terminate and shall be unenforceable and of no further legal force or effect in the event the Company, its successors or assigns, becomes insolvent, is liquidated or ceases for any reason to conduct business operations for a continuous period of at least thirty (30) days.

Appears in 1 contract

Samples: Employment Agreement (Skylynx Communications Inc)

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