NONCOMPETITION AND NON-RECRUITMENT. 9.01 The Company and Executive recognize and agree that: (i) Executive has received, and will in the future receive, substantial amounts of highly confidential and proprietary information concerning the Company, its business, customers, Executives and vendors; (ii) as a consequence of using or associating Executive with the Company’s name, goodwill, and reputation, Executive will develop personal and professional relationships with the Company’s current and prospective customers, clients and vendors; and (iii) provision for non-competition and non-recruitment obligations by Executive is critical to the Company’s continued economic well-being and protection of the Company’s confidential and proprietary business information. In light of these considerations, this Article 9 sets forth the terms and conditions of Executive’s obligations of non-competition and non-recruitment during the Term of and subsequent to the termination of this Agreement and/or Executive’s employment for any reason.
Appears in 4 contracts
Samples: Employment Agreement (Welsh Property Trust, Inc.), Employment Agreement (Welsh Property Trust, Inc.), Employment Agreement (Welsh Property Trust, Inc.)
NONCOMPETITION AND NON-RECRUITMENT. 9.01 8.01 The Company and Executive recognize and agree that: (i) Executive has received, and will in the future receive, substantial amounts of highly confidential and proprietary information concerning the Company, its business, customers, Executives executives and vendors; (ii) as a consequence of using or associating Executive himself with the Company’s name, goodwill, and reputation, Executive will develop personal and professional relationships with the Company’s current and prospective customers, clients and vendors; and (iii) provision for non-competition and non-recruitment obligations by Executive is critical to the Company’s continued economic well-being and protection of the Company’s confidential and proprietary business information. In light of these considerations, this Article 9 ARTICLE 8 sets forth the terms and conditions of Executive’s obligations of non-competition and non-recruitment during the Term term of and subsequent to the termination of this Agreement and/or and Executive’s employment for any reason.
Appears in 2 contracts
Samples: Executive Employment Agreement (Granite City Food & Brewery LTD), Executive Employment Agreement (Granite City Food & Brewery LTD)
NONCOMPETITION AND NON-RECRUITMENT. 9.01 The Company and Executive recognize and agree that: (i) Executive has received, and will in the future receive, substantial amounts of highly confidential and proprietary information concerning the Company, its business, customers, Executives executives and vendors; (ii) as a consequence of using or associating Executive himself with the Company’s name, goodwill, and reputation, Executive will develop personal and professional relationships with the Company’s current and prospective customers, clients and vendors; and (iii) provision for non-competition and non-recruitment obligations by Executive is critical to the Company’s continued economic well-being and protection of the Company’s confidential and proprietary business information. In light of these considerations, this Article 9 sets forth the terms and conditions of Executive’s obligations of non-competition and non-recruitment during the Term term of and subsequent to the termination of this Agreement and/or Executive’s employment for any reason.
Appears in 1 contract
Samples: Executive Employment Agreement (Granite City Food & Brewery LTD)
NONCOMPETITION AND NON-RECRUITMENT. 9.01 The Company and Executive recognize and agree that: (i) Executive has received, and will in the future receive, substantial amounts of highly confidential and proprietary information concerning the Company, its business, customers, Executives and vendors; (ii) as a consequence of using or associating Executive himself with the Company’s name, goodwill, and reputation, Executive will develop personal and professional relationships with the Company’s current and prospective customers, clients and vendors; and (iii) provision for non-competition and non-recruitment obligations by Executive is critical to the Company’s continued economic well-being and protection of the Company’s confidential and proprietary business information. In light of these considerations, this Article 9 sets forth the terms and conditions of Executive’s obligations of non-competition and non-recruitment during the Term of and subsequent to the termination of this Agreement and/or Executive’s employment for any reason.
Appears in 1 contract
Samples: Executive Employment Agreement (Granite City Food & Brewery LTD)