Common use of Executive Acknowledgment Clause in Contracts

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this Agreement with his legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete or other restrictive covenant that would conflict with his employment duties and covenants under this Agreement.

Appears in 16 contracts

Sources: Executive Employment Agreement (Vaalco Energy Inc /De/), Executive Employment Agreement (Vaalco Energy Inc /De/), Executive Employment Agreement (Barnwell Industries Inc)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this Agreement with his legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete or other restrictive covenant that would conflict with his employment duties and covenants under this Agreement.

Appears in 15 contracts

Sources: Employment Agreement (Basic Energy Services Inc), Employment Agreement (Basic Energy Services Inc), Employment Agreement (Basic Energy Services Inc)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this the Agreement, (b) he has read this the Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this the Agreement with his legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he is free to enter into this the Agreement including, without limitation, that he is not subject to any covenant not to compete or other restrictive covenant that would conflict with his employment duties and covenants under this the Agreement.

Appears in 10 contracts

Sources: Employment Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/)

Executive Acknowledgment. Executive acknowledges that (a) he is being knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has having read this Agreement and understands understanding its terms and conditions, (c) he has had having been given an ample opportunity to discuss this Agreement with his Executive’s personal legal counsel prior to execution, and (d) that no strict rules of construction shall apply for or against the drafter or any other Party. Executive hereby represents that he Executive is free to enter into this Agreement including, without limitation, that he Executive is not subject to any covenant not to compete or other restrictive covenant that would conflict with his employment any duties and covenants under this Agreement.

Appears in 8 contracts

Sources: Employment Agreement (Alta Mesa Holdings, LP), Employment Agreement (Alta Mesa Holdings, LP), Employment Agreement (Alta Mesa Holdings, LP)

Executive Acknowledgment. Executive acknowledges that (a) he is being knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has having read this Agreement and understands understanding its terms and conditions, (c) he has had having been given an ample opportunity to discuss this Agreement with his personal legal counsel prior to execution, and (d) that no strict rules of construction shall apply for or against the drafter or any other Partyparty. Executive hereby represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete or other restrictive covenant confidentiality agreement that would conflict conflicts with his employment duties and covenants under this Agreement.

Appears in 8 contracts

Sources: Employment Agreement, Employment Agreement, Employment Agreement (Silver Run Acquisition Corp II)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this Agreement with his legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that tat he is free to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete or other restrictive covenant that would conflict with his employment duties and covenants under this Agreement.

Appears in 8 contracts

Sources: Employment Agreement (Basic Energy Services Inc), Employment Agreement (Basic Energy Services Inc), Employment Agreement (Basic Energy Services Inc)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this Agreement with his legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete or other restrictive covenant that would conflict with his employment duties and covenants under this Agreement.

Appears in 8 contracts

Sources: Change in Control Executive Severance Agreement (Delta Petroleum Corp/Co), Change in Control Executive Severance Agreement (Delta Petroleum Corp/Co), Change in Control Executive Severance Agreement (Delta Petroleum Corp/Co)

Executive Acknowledgment. Executive acknowledges that (a) he Executive is knowledgeable and sophisticated as to business matters, including the subject matter of this the Agreement, (b) he Executive has read this the Agreement and understands its terms and conditions, (c) he Executive has had ample opportunity to discuss this the Agreement with his Executive’s legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he Executive is free to enter into this the Agreement including, without limitation, that he Executive is not subject to any covenant not to compete or other restrictive covenant that would conflict with his employment Executive’s duties and covenants under this the Agreement.

Appears in 5 contracts

Sources: Transition and Separation Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/)

Executive Acknowledgment. Executive acknowledges that (a) he Executive is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he Executive has had ample opportunity to discuss this Agreement with his Executive’s legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he Executive is free to enter into this Agreement including, without limitation, that he Executive is not subject to any covenant not to compete or other restrictive covenant that would conflict with his employment duties and covenants under this Agreement.

Appears in 5 contracts

Sources: Employment Agreement (Basic Energy Services, Inc.), Employment Agreement (Basic Energy Services, Inc.), Employment Agreement (Basic Energy Services, Inc.)

Executive Acknowledgment. Executive acknowledges that (a) he is being knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has having read this Agreement and understands its terms and conditions, (c) he has had having been given an ample opportunity to discuss this Agreement with his Executive’s personal legal counsel prior to executionexecution and being advised by the Company to do so, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive hereby represents that he Executive is free to enter into this Agreement including, without limitation, that he Executive is not subject to any covenant not to compete or other restrictive covenant that would conflict with any of his employment duties and covenants under this Agreement.

Appears in 4 contracts

Sources: Employment Agreement (Spacehab Inc \Wa\), Employment Agreement (Spacehab Inc \Wa\), Employment Agreement (Spacehab Inc \Wa\)

Executive Acknowledgment. The Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this Agreement with his legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. The Executive represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete or other restrictive covenant that would conflict with his employment duties and covenants under this Agreement.

Appears in 3 contracts

Sources: Change in Control Severance Agreement (Trans Energy Inc), Change in Control Severance Agreement (Trans Energy Inc), Change in Control Severance Agreement (Ensco PLC)

Executive Acknowledgment. Executive acknowledges that (a) he is being knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has having read this Agreement and understands its terms and conditions, (c) he has had having been given an ample opportunity to discuss this Agreement with his Executive's personal legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive hereby represents that he Executive is free to enter into this Agreement including, without limitation, that he Executive is not subject to any covenant not to compete or other restrictive covenant that would conflict with his employment any duties and covenants under this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (EV Energy Partners, LP), Employment Agreement (EV Energy Partners, LP)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to discuss this Agreement with his own legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. Executive represents that he is free to enter into this Agreement including, without limitation, that he is not subject to any covenant not to compete or other restrictive covenant that would conflict with his employment duties and covenants under this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (Smith International Inc), Employment Agreement (Smith International Inc)