Common use of COVENANTS OF NON-COMPETITION AND NON-SOLICITATION Clause in Contracts

COVENANTS OF NON-COMPETITION AND NON-SOLICITATION. (i) VP acknowledges that: [a] the Company will rely upon VP to help maintain and grow the Company’s business and related functions; [b] VP will have business relationships on the Company’s behalf with the Company’s significant customers, suppliers and vendors with whom the Company has exclusive, long-term or near-permanent relationships; and [c] VP will have access to, use or control of highly valuable non-public tangible confidential information about the Company’s developed and developing technology, inventions, equipment, methods and know-how concerning nanomaterials production, coating and marketing, as well as highly valuable non-public tangible and non-tangible proprietary information about the Company’s finances, pending transactions, customer identity and Customer dealings.

COVENANTS OF NON-COMPETITION AND NON-SOLICITATION. (i) VP CFO acknowledges that: [a] the Company will rely upon VP CFO to help maintain and grow the Company’s business and related functions; [b] VP CFO will have business relationships on the Company’s behalf with the Company’s significant customers, suppliers and vendors with whom the Company has exclusive, long-term or near-permanent relationships; and [c] VP CFO will have access to, use or control of highly valuable non-public tangible confidential information about the Company’s developed and developing technology, inventions, equipment, methods and know-how concerning nanomaterials production, coating and marketing, as well as highly valuable non-public tangible and non-tangible proprietary information about the Company’s finances, pending transactions, customer identity and Customer dealings.

COVENANTS OF NON-COMPETITION AND NON-SOLICITATION. (i) VP Executive acknowledges that: [a] the Company will rely upon VP Executive to help maintain and grow the Company’s business and related functions; [b] VP Executive will have business relationships on the Company’s behalf with the Company’s significant customers, suppliers and vendors with whom the Company has exclusive, long-term or near-permanent relationships; and [c] VP Executive will have access to, use or control of highly valuable non-public tangible confidential information about the Company’s developed and developing technology, inventions, equipment, methods and know-how concerning nanomaterials production, coating and marketing, as well as highly valuable non-public tangible and non-tangible proprietary information about the Company’s finances, pending transactions, customer identity and Customer dealings.

COVENANTS OF NON-COMPETITION AND NON-SOLICITATION. (i) VP EVP acknowledges that: [a] the Company will rely upon VP EVP to help maintain and grow the Company’s business and related functions; [b] VP EVP will have business relationships on the Company’s behalf with the Company’s significant customers, suppliers and vendors with whom the Company has exclusive, long-term or near-permanent relationships; and [c] VP EVP will have access to, use or control of highly valuable non-public tangible confidential information about the Company’s developed and developing technology, inventions, equipment, methods and know-how concerning nanomaterials production, coating and marketing, as well as highly valuable non-public tangible and non-tangible proprietary information about the Company’s finances, pending transactions, customer identity and Customer dealings.