Confidentiality; Non-Compete; Non-Solicitation. 6.1 Any commercial information, technical information, trade secrets, inventions, formulas, software, databases, operations, customers, business methods or practices (“Confidential Information”) of the Company which is acquired, including without limitation in writing, orally or by electronic means, by the Consultant from the Company (or vice versa), during the term of this Agreement shall be kept confidential, and shall not be disclosed to any third party.
Confidentiality; Non-Compete; Non-Solicitation. (a) The Members acknowledge that, from time to time, they may receive information from or concerning the Company, PubCo and/or their subsidiaries in the nature of trade secrets or that otherwise is confidential, the release of which may damage the Company, PubCo and/or their subsidiaries or Persons with which it does business. Each Member shall hold in strict confidence any information that it receives concerning the Company, PubCo and/or their subsidiaries that is identified as being confidential and may not disclose it to any Person other than a Member or a Manager, except for disclosures (i) compelled by law (but the Member must notify the Company and the other Members promptly of any request for that information, before disclosing it, if legal and practicable), (ii) to advisers or representatives of the Member or Persons to whom that Member’s Units may be Transferred as permitted by this Agreement, but only if the recipients have agreed to be bound by the provisions of this Section 3.12(a), (iii) of information that the Member also has received from a source independent of the Company or any of its subsidiaries that the Member reasonably believes obtained that information without breach of any obligation of confidentiality, (iv) of information that is or becomes publicly available other than in connection with a breach of this Section 3.12(a) or (v) to such Member’s investors, representatives, attorneys, and Affiliates, but only if the recipients have agreed to be bound by this Section 3.12(a) (or provisions comparable hereto). Notwithstanding anything contained herein to the contrary, in no event shall any provision of this Agreement, including this Section 3.12(a), restrict PubCo or its successors and assigns from making any public disclosures it deems necessary, advisable or desirable in connection with PubCo’s compliance with applicable law (including securities laws) and any corresponding rules and regulations (including the rules of any stock exchange on which securities of a Ranger IPO Entity are trading), or any Member or the Company from sharing any such information with the Ranger IPO Entities or otherwise cooperating with PubCo or its successors and assigns in the making of any such disclosures.
Confidentiality; Non-Compete; Non-Solicitation. In further consideration for the payment of the Purchase Price hereunder, each of the Company and Seller Stockholder as applicable, agrees as follows:
Confidentiality; Non-Compete; Non-Solicitation. Notwithstanding anything herein to the contrary, a Grantee shall forfeit any and all rights to all vested and unvested Phantom Profits Interest Units if the Grantee violates the terms of any confidentiality, non-solicitation and non-competition provisions of any agreement between the Grantee and the Company, if applicable.
Confidentiality; Non-Compete; Non-Solicitation. Employee will be required to execute standard Company agreements on these matters.
Confidentiality; Non-Compete; Non-Solicitation. (a) Employee shall maintain as confidential all nonpublic information related to the Company, its operations, finances, strategies, business practices, properties, personnel and assets. Employee agrees that his breach of his confidentiality obligations constitutes a material breach, entitling Employer, at its sole option, injunctive relief and/or damages against Employee in addition to other remedies available at law or in equity.
Confidentiality; Non-Compete; Non-Solicitation. (a) You acknowledge that the Company is in the information services business and that as a consultant you will be familiar in detail with the activities of the Company and will participate in formulating the activities; that you will continue to be familiar in detail with the activities and future plans of the Company as they continue to develop during your consulting term; and that your position will give you a thorough knowledge of the Company's customers, suppliers and servicing and marketing operations and will place you in close and continuous contact with the Company's customers and suppliers. You further acknowledge that if you were to compete with the Company by organizing, directing, advising, assisting or becoming an employee of or consultant to any business entity, as defined below, competing with the Company, you could do great harm to the Company and would materially diminish or destroy the value to the Company of its customer and supplier relationships and servicing and marketing arrangements. Accordingly, during the term of this agreement and for a period of one (1) year immediately following the termination thereof (the term of this agreement and the subsequent one (1) year period being collectively referred to as the "Covenant Period") unless otherwise consented to by the Company in writing, you shall not, within any city, town or county in which the Company or any of its affiliates conducts or does any business, directly or indirectly, either for yourself or as an officer, director, stockholder, partner, associate, employee, consultant, agent, independent contractor, or representative, become or be interested in or associated with any other business or business entity, as defined below (except a parent, subsidiary or affiliate of the Company), which is engaged directly or indirectly in any line of business which is competitive with any line of business in which the Company may be engaged at the time of termination of your consulting services hereunder; provided, that the you shall be permitted to own less than a 5% interest as a stockholder (and in no other capacity) in a company which is listed on any stock exchange or recognized over-the-counter market system even though it may be in competition with the Company. The restrictions of this Section 2 shall not apply in the event of a Change of Control or termination of this Agreement by the Company without cause. As used in this Agreement, the term "business entity" shall include, but not ...
Confidentiality; Non-Compete; Non-Solicitation. (a) Xx. Xxxxx recognizes and acknowledges that during his employment by the Companies, Xx. Xxxxx had access to, worked with and became familiar with the Companies' Confidential Information, and that he was called upon to establish close relationships with the Companies' Customers and co-workers.
Confidentiality; Non-Compete; Non-Solicitation. In further consideration for the payment of the Purchase Price hereunder and in order to protect the value of the Shares purchased by Buyer (including, without limitation, the goodwill inherent in each of the Group Companies as of the Closing Date), upon the Closing of the transactions contemplated by this Agreement, the Selling Shareholders hereby agree as follows:
Confidentiality; Non-Compete; Non-Solicitation. Following the date hereof, Remenda shall continue to be bound by the provisions of Section 7.2, and Articles 8 and 9, of the Employment Agreement in accordance with the terms thereof; provided, however, that following the date hereof, the term “Competitor” as used in the Employment Agreement shall be amended to mean any entity or person engaged in any cannabis business in the State of Nevada, including, without limitation (i) testing cannabis (including hemp) or products derived from cannabis, or (ii) providing any predictive, molecular or genomic tools or similar services relating to the cultivation or processing of cannabis or cannabis products.
