Common use of Non-Disclosure Covenant Clause in Contracts

Non-Disclosure Covenant. The Executive acknowledges that (i) during the Employment Period and as a part of his employment, the Executive will be afforded access to Confidential Information (as hereinafter defined); (ii) public disclosure of Confidential Information could have a material adverse impact on XRG, on EFS or on the other subsidiaries of XRG (hereinafter "XRG COMPANIES") and their respective businesses; (iii) the Executive possesses substantial knowledge, expertise and skill with respect to the business of the XRG Companies; and (iv) XRG has required the Executive to make the covenants set forth in this Section 12 as a condition to its purchase of the stock of Express Freight Systems, Incorporated and Freeway Systems, Incorporated and the Executive is willing to do so. The Executive acknowledges that the provisions of this Section 12 are reasonable and necessary with respect to the use of Confidential Information.

Appears in 6 contracts

Samples: Employment Agreement (XRG Inc), Employment Agreement (XRG Inc), Employment Agreement (XRG Inc)

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Non-Disclosure Covenant. The Executive acknowledges that (i) during the Employment Period and as a part of his employment, the Executive will be afforded access to Confidential Information (as hereinafter defined); (ii) public disclosure of Confidential Information could have a material adverse impact on XRG, on EFS XLIH or on the other subsidiaries of XRG (hereinafter "XRG COMPANIES") and their respective businesses; (iii) the Executive possesses substantial knowledge, technical expertise and skill with respect to the business of the XRG Companies; and (iv) XRG has required the Executive to make the covenants set forth in this Section 12 10 as a condition to its purchase of the stock of Express Freight Systems, Incorporated and Freeway Systems, Incorporated Highbourne Corporation and the Executive is willing to do so. The Executive acknowledges that the provisions of this Section 12 10 are reasonable and necessary with respect to the use of Confidential Information.

Appears in 2 contracts

Samples: Employment Agreement (XRG Inc), Employment Agreement (XRG Inc)

Non-Disclosure Covenant. The Executive acknowledges that (i) during the Employment Period and as a part of his employment, the Executive will be afforded access to Confidential Information (as hereinafter defined); (ii) public disclosure of Confidential Information could have a material adverse impact on XRG, on EFS XRGL or on the other subsidiaries of XRG (hereinafter "XRG COMPANIESCompanies") and their respective businesses; (iii) the Executive possesses substantial knowledge, technical expertise and skill with respect to the business of the XRG Companies; and (iv) XRG has required the Executive to make the covenants set forth in this Section 12 as a condition to its purchase of the stock of Express Freight SystemsXRG Logistics, Incorporated and Freeway Systems, Incorporated Inc. and the Executive is willing to do so. The Executive acknowledges that the provisions of this Section 12 are reasonable and necessary with respect to the use of Confidential Information.

Appears in 1 contract

Samples: Employment Agreement (XRG Inc)

Non-Disclosure Covenant. The Executive acknowledges that (i) during the Employment Period and as a part of his employment, the Executive will be afforded access to Confidential Information (as hereinafter defined); (ii) public disclosure of Confidential Information could have a material adverse impact on XRG, on EFS XRGL or on the other subsidiaries of XRG (hereinafter "XRG COMPANIES"Companies”) and their respective businesses; (iii) the Executive possesses substantial knowledge, technical expertise and skill with respect to the business of the XRG Companies; and (iv) XRG has required the Executive to make the covenants set forth in this Section 12 as a condition to its purchase of the stock of Express Freight SystemsXRG Logistics, Incorporated and Freeway Systems, Incorporated Inc. and the Executive is willing to do so. The Executive acknowledges that the provisions of this Section 12 are reasonable and necessary with respect to the use of Confidential Information.

Appears in 1 contract

Samples: Employment Agreement (XRG Inc)

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Non-Disclosure Covenant. The Executive acknowledges that (i) during the Employment Period and as a part of his employment, the Executive will be afforded access to Confidential Information (as hereinafter defined); (ii) public disclosure of Confidential Information could have a material adverse impact on XRG, on EFS XLI or on the other subsidiaries of XRG (hereinafter "XRG COMPANIES"Companies”) and their respective businesses; (iii) the Executive possesses substantial knowledge, technical expertise and skill with respect to the business of the XRG Companies; ;. and (iv) XRG has required the Executive to make the covenants set forth in this Section 12 as a condition to its purchase of the stock of Express Freight Systems, Incorporated and Freeway Systems, Incorporated and the Executive is willing to do so. The Executive acknowledges that the provisions of this Section 12 are reasonable and necessary with respect to the use of Confidential Information.

Appears in 1 contract

Samples: Employment Agreement (XRG Inc)

Non-Disclosure Covenant. The Executive acknowledges that (i) during the Employment Period and as a part of his employment, the Executive will be afforded access to Confidential Information (as hereinafter defined); (ii) public disclosure of Confidential Information could have a material adverse impact on XRG, on EFS XRG or on the other subsidiaries of XRG (hereinafter "XRG COMPANIESCompanies") and their respective businesses; (iii) the Executive possesses substantial knowledge, technical expertise and skill with respect to the business of the XRG Companies; and (iv) XRG has required the Executive to make the covenants set forth in this Section 12 as a condition to its purchase of the stock of Express Freight Systems, Incorporated and Freeway Systems, Incorporated and the Executive is willing to do so. The Executive acknowledges that the provisions of this Section 12 are reasonable and necessary with respect to the use of Confidential Information.

Appears in 1 contract

Samples: Employment Agreement (XRG Inc)

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