Common use of Representations and Acknowledgments Clause in Contracts

Representations and Acknowledgments. (a) Consultant acknowledge that the foregoing restrictions will not prevent Consultant from obtaining gainful engagements in its occupation or field of expertise or cause Consultant undue hardship; and that there are numerous other employment and business opportunities available to Consultant that are not affected by the foregoing restrictions. Consultant further acknowledge that the foregoing restrictions are reasonable and necessary in order to protect the Company’s and its Affiliates’ legitimate interest, and that any violation thereof would result in serious and irreparable injury to the Company and/or its Affiliates. (b) Consultant agrees to execute any proper oath or verify any proper document required to carry out the terms of this Agreement. (c) Consultant represents that it has not entered into, and agrees that it will not enter into, any oral or written agreement in conflict with this Agreement, nor shall any employee or agent of Consultant. (d) Consultant acknowledges and represents that Consultant has been given the opportunity to discuss this Agreement with its own legal counsel and have availed itself of that opportunity to the extent Consultant wish to do so. (e) Consultant acknowledges that new fair and valuable consideration has been given by the Company and received by Consultant including, without limitation, being engaged by the Company. Such consideration being adequate and sufficient to bind Consultant to all of the covenants made by Consultant under this Agreement.

Appears in 1 contract

Sources: Stock Purchase Agreement (Universal Logistics Holdings, Inc.)

Representations and Acknowledgments. (a) Consultant acknowledge that the foregoing restrictions will not prevent Consultant from obtaining gainful engagements in its his occupation or field of expertise or cause Consultant undue hardship; and that there are numerous other employment and business opportunities available to Consultant that are not affected by the foregoing restrictions. Consultant further acknowledge that the foregoing restrictions are reasonable and necessary in order to protect the Company’s and its Affiliates’ legitimate interest, and that any violation thereof would result in serious and irreparable injury to the Company and/or its Affiliates. (b) Consultant agrees to execute any proper oath or verify any proper document required to carry out the terms of this Agreement. (c) Consultant represents that it he has not entered into, and agrees that it he will not enter into, any oral or written agreement in conflict with this Agreement, nor shall any employee or agent of Consultant. (d) Consultant acknowledges and represents that Consultant has been given the opportunity to discuss this Agreement with its his own legal counsel and have availed itself himself of that opportunity to the extent Consultant wish to do so. (e) Consultant acknowledges that new fair and valuable consideration has been given by the Company and received by Consultant including, without limitation, including being engaged by the Company. Such consideration being adequate and sufficient to bind Consultant to all of the covenants made by Consultant under this Agreement.

Appears in 1 contract

Sources: Stock Purchase Agreement (Universal Logistics Holdings, Inc.)

Representations and Acknowledgments. (a) Consultant acknowledge that the foregoing restrictions will not prevent Consultant from obtaining gainful engagements in its occupation or field of expertise or cause Consultant undue hardship; and that there are numerous other employment and business opportunities available to Consultant that are not affected by the foregoing restrictions. Consultant further acknowledge that the foregoing restrictions are reasonable and necessary in order to protect the Company’s and its Affiliates’ Affiliate’s legitimate interest, and that any violation thereof would result in serious and irreparable injury to the Company and/or its AffiliatesAffiliate. (b) Consultant agrees to execute any proper oath or verify any proper document required to carry out the terms of this Agreement. (c) Consultant represents that it he has not entered into, and agrees that it he will not enter into, any oral or written agreement in conflict with this Agreement, nor shall any employee or agent of Consultant. (d) Consultant acknowledges and represents that Consultant has been given the opportunity to discuss this Agreement with its own legal counsel and have availed itself of that opportunity to the extent Consultant wish to do so. (e) Consultant acknowledges that new fair and valuable consideration has been given by the Company and received by Consultant including, without limitation, including being engaged by the Company. Such consideration being adequate and sufficient to bind Consultant to all of the covenants made by Consultant under this Agreement.

Appears in 1 contract

Sources: Stock Purchase Agreement (Universal Logistics Holdings, Inc.)