Common use of Confidentiality, Non-Solicitation and Non-Compete Clause in Contracts

Confidentiality, Non-Solicitation and Non-Compete. The Participant agrees, understands, and acknowledges that by executing this Stock Agreement, the Participant shall be bound by, and shall abide by the restrictive covenants set forth in Exhibit B of this Stock Agreement (the “Restrictive Covenants”). The Participant further agrees, understands and acknowledges that the scope and duration of the Restrictive Covenants contained in this Stock Agreement are reasonable and necessary to protect a legitimate, protectable interest of the Company and its Subsidiaries, and that the Compensation Committee, in its sole discretion, may require the Participant, as a condition to lapsing any restrictions on the Restricted Stock, to acknowledge in writing that the Participant has not engaged, and is not in the process of engaging, in any of the activities described in this Section 6.

Appears in 2 contracts

Samples: Performance Vested Restricted Stock Agreement (Zebra Technologies Corp), Performance Vested Restricted Stock Agreement (Zebra Technologies Corp)

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Confidentiality, Non-Solicitation and Non-Compete. The Participant agrees, understands, and acknowledges that by executing this Stock Agreement, the Participant shall be bound by, and shall abide by the restrictive covenants set forth in Exhibit B A of this Stock Agreement (the “Restrictive Covenants”). The Participant further agrees, understands and acknowledges that the scope and duration of the Restrictive Covenants contained in this Stock Agreement are reasonable and necessary to protect a legitimate, protectable interest of the Company and its Subsidiaries, and that the Compensation Committee, in its sole discretion, may require the Participant, as a condition to lapsing any restrictions on the Restricted Stock, to acknowledge in writing that the Participant has not engaged, and is not in the process of engaging, in any of the activities described in this Section 6.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Zebra Technologies Corp), Restricted Stock Agreement (Zebra Technologies Corp)

Confidentiality, Non-Solicitation and Non-Compete. The Participant agrees, understands, and acknowledges that by executing this Stock Agreement, the Participant shall be bound by, and shall abide by the restrictive covenants set forth in Exhibit B Appendix A of this Stock Agreement (the “Restrictive Covenants”). The Participant further agrees, understands and acknowledges that the scope and duration of the Restrictive Covenants contained in this Stock Agreement are reasonable and necessary to protect a legitimate, protectable interest of the Company and its Subsidiaries, and that the Compensation Committee, in its sole discretion, may require the Participant, as a condition to lapsing any restrictions on the Restricted StockStock Units, to acknowledge in writing that the Participant has not engaged, and is not in the process of engaging, in any of the activities described in this Section 6. 7.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Zebra Technologies Corp)

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Confidentiality, Non-Solicitation and Non-Compete. The Participant agrees, understands, and acknowledges that by executing this Stock Agreement, the Participant shall be bound by, and shall abide by the restrictive covenants set forth in Exhibit B Appendix A of this Stock Agreement (the “Restrictive Covenants”). The Participant further agrees, understands and acknowledges that the scope and duration of the Restrictive Covenants contained in this Stock Agreement are reasonable and necessary to protect a legitimate, protectable interest of the Company and its Subsidiaries, and that the Compensation Committee, in its sole discretion, may require the Participant, as a condition to lapsing any restrictions on the Restricted StockStock Units, to acknowledge in writing that the Participant has not engaged, and is not in the process of engaging, in any of the activities described in this Section 6.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Zebra Technologies Corp)

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