Grantee Covenants. 7.1 In consideration of the Award granted under this Agreement, Granxxx xxxees to abide by the restrictive covenants set forth below.
Grantee Covenants. In consideration of this Award, Grantee agrees to the covenants, Company remedies for a breach thereof, and other provisions set forth in Attachment A, attached hereto, incorporated into, and being a part of this Agreement.
Grantee Covenants. 8.1 In consideration of the Converted Awards granted under this Agreement, Xxxxxxx agrees to abide by the restrictive covenants set forth below. For the purposes of this Article, the definition of “Company” is expanded to include any Subsidiaries or Affiliates that do business in the United States.
Grantee Covenants. 7.1 In consideration of the Award granted under this Agreement, Grantee xxxxxx to abide by the provisions of Section 7 of the Employment Agreement.
Grantee Covenants. In consideration of this Award, the Grantee agrees that, without the written consent of Ashland, the Grantee shall not (i) engage directly or indirectly in any manner or capacity as principal, agent, partner, officer, director, employee or otherwise in any business or activity competitive with the business conducted by Ashland or any of its Subsidiaries; or (ii) perform any act or engage in any activity that is detrimental to the best interests of Ashland or any of its Subsidiaries, including, without limitation, (aa) solicit or encourage any existing or former employee, director, contractor, consultant, customer or supplier of Ashland or any of its Subsidiaries to terminate his, her or its relationship with Ashland or any of its Subsidiaries for any reason, or (bb) disclose proprietary or confidential information of Ashland or any of its Subsidiaries to third parties or use any such proprietary or confidential information for the benefit of anyone other than Ashland and its Subsidiaries (the “Grantee Covenants”); provided, however, that section (ii) above shall not be breached in the event that (x) the Grantee discloses proprietary or confidential information to the Securities and Exchange Commission to the extent necessary to report suspected or actual violations of U.S. securities laws, or (y) the Grantee’s disclosure of proprietary or confidential information is protected under the whistleblower provisions of any applicable law or regulation. The Grantee understands that if she makes a disclosure of proprietary or confidential information that is covered by sub-clauses (x) and (y) above, she is not required to inform Ashland, in advance or otherwise, that such disclosure has been made. Notwithstanding any other provision this Agreement to the contrary, but subject to any applicable laws to the contrary, the Grantee agrees that in the event the Grantee fails to comply or otherwise breaches any of the Grantee Covenants either during the Grantee’s employment or within twenty-four (24) months following the Grantee’s termination of employment with Ashland or its Subsidiaries for any reason: (i) Ashland may eliminate or reduce the amount of any compensation, benefit, or payment otherwise payable by Ashland or any of its Subsidiaries (either directly or under any employee benefit or compensation plan, agreement, or arrangement), except to the extent such compensation, benefit or payment constitutes deferred compensation under Section 409A of the Code and such...
Grantee Covenants. Grantee covenants, represents and agrees that all work necessary to complete the construction of the Detention Systems will be performed and completed at Grantee’s sole cost and expense in a good and workmanlike manner, free of mechanic’s liens and in compliance with all applicable laws, ordinances, rules and regulations; that all such work shall be performed only after Grantee has obtained all necessary governmental approvals and permits relating to construction of the Detention Systems on the Grantor Property. Upon completion of construction, Grantee shall repair any damage caused to the Grantor Property by Grantee as a result of such construction. With fourteen (14) business days after Grantee has received final non-appealable site plan and (if required) subdivision approval and issuance of a building permit by the City of South Euclid for Phase I of Grantee’s development of a shopping center upon the Grantee Property (as such term [i.e. Phase I] is specifically defined in that certain Development Agreement between Grantor and Grantee dated as of the date hereof) (the “Contingency Satisfaction Date”), Grantee, at its cost and expense, shall commence pursuit of all permits and other approvals required to construct the Detention Systems and thereafter diligently pursue completion thereof.
Grantee Covenants. In consideration of this Option, Grantee agrees to the covenants, Company remedies for a breach thereof, and other provisions set forth in Attachment A, attached hereto, incorporated into, and being a part of this Agreement.
Grantee Covenants. In order to induce Xx. Xxxxxxxx to enter into this Agreement and to award the aforementioned Grant, the Grantee covenants as follows:
Grantee Covenants. In order to induce Foundation to enter into this Agreement, and to award the aforementioned Grant, Grantee covenants as follows:
Grantee Covenants. As a material inducement to the Company to make the grant of the Stock Units, Grantee hereby covenants as follows:
