Common use of Restrictive Covenants Agreement Clause in Contracts

Restrictive Covenants Agreement. As a condition of employment, the Executive is required to enter into the Employee Confidentiality, Assignment, Nonsolicitation and Noncompetition Agreement, attached hereto as Exhibit A (the “Restrictive Covenants Agreement”). The Executive acknowledges that the benefits of this Agreement, to which the Executive was not previously entitled, are fair and reasonable consideration independent from the continuation of employment sufficient to support the Restrictive Covenants Agreement. For purposes of this Agreement, the obligations in this Section 8 and those that arise in the Restrictive Covenants Agreement and any other agreement relating to confidentiality, assignment of inventions, or other restrictive covenants shall collectively be referred to as the “Continuing Obligations.”

Appears in 5 contracts

Samples: Employment Agreement (Black Diamond Therapeutics, Inc.), Employment Agreement (Black Diamond Therapeutics, Inc.), Employment Agreement (Black Diamond Therapeutics, Inc.)

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Restrictive Covenants Agreement. As a condition of employment, the Executive is required to enter into the Employee Confidentiality, Assignment, Assignment and Nonsolicitation and Noncompetition Agreement, attached hereto as Exhibit A (the “Restrictive Covenants Agreement”). The Executive acknowledges that For the benefits avoidance of this Agreementdoubt, to which the Executive was not previously entitled, are fair and reasonable consideration independent from the continuation of employment sufficient to support the Restrictive Covenants Agreement is supplemental to the Prior Restrictive Covenants Agreement, which remains in full force and effect. For purposes of this Agreement, the obligations in this Section 8 and those that arise in the Restrictive Covenants Agreement, the Prior Restrictive Covenants Agreement and any other agreement relating to confidentiality, assignment of inventions, or other restrictive covenants shall collectively be referred to as the “Continuing Obligations.”

Appears in 4 contracts

Samples: Employment Agreement (Adicet Bio, Inc.), Employment Agreement (Adicet Bio, Inc.), Employment Agreement (Adicet Bio, Inc.)

Restrictive Covenants Agreement. As a condition of employment, the Executive is required to enter into the Employee Confidentiality, Assignment, Nonsolicitation and Noncompetition Agreement, attached hereto as Exhibit A (the “Restrictive Covenants Agreement”). The By signing this Agreement, the Executive acknowledges that the benefits of this Agreement, to which the Executive was not previously entitled, are fair and reasonable consideration independent from the continuation of employment sufficient to support is receiving the Restrictive Covenants Agreement with this Employment Agreement, which is the Executive’s formal offer of employment, at least ten (10) business days before the commencement of the Executive’s employment. For purposes of this Agreement, the obligations in this Section 8 and those that arise in the Restrictive Covenants Agreement and any other agreement relating to confidentiality, assignment of inventions, or other restrictive covenants shall collectively be referred to as the “Continuing Obligations.”

Appears in 3 contracts

Samples: Employment Agreement (Fusion Pharmaceuticals Inc.), Employment Agreement (Fusion Pharmaceuticals Inc.), Employment Agreement (Fusion Pharmaceuticals Inc.)

Restrictive Covenants Agreement. As a condition of employment, the Executive is required to enter into the Employee Confidentiality, Assignment, Nonsolicitation and Noncompetition Agreement, attached hereto as Exhibit A B (the “Restrictive Covenants Agreement”). The Executive acknowledges that the benefits of this Agreement, to which the Executive was not previously entitled, are fair and reasonable consideration independent from the continuation of employment sufficient to support the Restrictive Covenants Agreement. For purposes of this Agreement, the obligations in this Section 8 9 and those that arise in the Restrictive Covenants Agreement and any other agreement relating to confidentiality, assignment of inventions, or other restrictive covenants shall collectively be referred to as the “Continuing Obligations.”

Appears in 2 contracts

Samples: Employment Agreement (Relay Therapeutics, Inc.), Employment Agreement (Relay Therapeutics, Inc.)

Restrictive Covenants Agreement. As a condition of employment, the Executive is required to enter into the Employee Confidentiality, Assignment, Nonsolicitation and Noncompetition Agreement, attached hereto as Exhibit A (the “Restrictive Covenants Agreement”). The Executive acknowledges that the benefits of this Agreement, to which the Executive was not previously entitled, are fair and reasonable consideration independent from the continuation of employment sufficient to support the Restrictive Covenants Agreement. For purposes of this Agreement, the obligations in this Section 8 9 and those that arise in the Restrictive Covenants Agreement and any other agreement relating to confidentiality, assignment of inventions, or other restrictive covenants shall collectively be referred to as the “Continuing Obligations.”

Appears in 2 contracts

Samples: Employment Agreement (Black Diamond Therapeutics, Inc.), Employment Agreement (Black Diamond Therapeutics, Inc.)

Restrictive Covenants Agreement. As a condition of employment, the Executive is required to enter into the Employee Confidentiality, Assignment, Nonsolicitation and Noncompetition Agreement, attached hereto as Exhibit A (the “Restrictive Covenants Agreement”). The Executive acknowledges that the benefits of this Agreement, as well as the indemnification agreement to be entered into between the Executive and the Company, to which the Executive was not previously entitled, are fair and reasonable consideration independent from the continuation of employment sufficient to support the Restrictive Covenants Agreement. For purposes of this Agreement, the obligations in this Section 8 and those that arise in the Restrictive Covenants Agreement and any other agreement relating to confidentiality, assignment of inventions, or other restrictive covenants shall collectively be referred to as the “Continuing Obligations.”

Appears in 2 contracts

Samples: Employment Agreement (Black Diamond Therapeutics, Inc.), Employment Agreement (Black Diamond Therapeutics, Inc.)

Restrictive Covenants Agreement. As a condition of employment, the Executive is will be required to enter into the Employee Confidentiality, Assignment, Nonsolicitation Assignment and Noncompetition Agreement, attached hereto as Exhibit A (the “Restrictive Covenants Agreement”). The Executive further acknowledges and agrees that the benefits of this Agreement, to which the Executive was not previously entitled, are fair and reasonable consideration independent from the continuation of employment sufficient to support he received the Restrictive Covenants Agreement with this Agreement and at least ten (10) business days before the Effective Date of this Agreement. For purposes of this Agreement, the obligations in this Section 8 7 and those that arise in the Restrictive Covenants Agreement and any other agreement relating to confidentiality, assignment of inventions, or other restrictive covenants shall collectively be referred to as the “Continuing Obligations.”

Appears in 1 contract

Samples: Employment Agreement (Unum Therapeutics Inc.)

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Restrictive Covenants Agreement. As a condition of employmentExecutive's employment hereunder, the Executive is will be required to enter into the Employee Confidentiality, Assignment, Nonsolicitation a Confidentiality and Noncompetition Proprietary Rights Agreement, substantially in the form attached hereto as Exhibit A (the “Restrictive Covenants Agreement”). The Executive acknowledges that For the benefits avoidance of this Agreementdoubt, to which the Executive was not previously entitled, are fair and reasonable consideration independent from the continuation of employment sufficient to support term “Company” in the Restrictive Covenants AgreementAgreement means Absci Corporation, including its subsidiaries and other affiliates and its and their predecessors, successors and assigns. For purposes of this Agreement, the obligations in this Section 8 and those that arise in the Restrictive Covenants Agreement and any other agreement relating to confidentiality, assignment of inventions, or other restrictive covenants shall collectively be referred to as the “Continuing Obligations.”

Appears in 1 contract

Samples: Employment Agreement (Absci Corp)

Restrictive Covenants Agreement. As a condition of employment, the Executive is required to enter into the Employee Confidentiality, Assignment, Nonsolicitation and Noncompetition Agreement, attached hereto as Exhibit A (the “Restrictive Covenants Agreement”). The Executive acknowledges and agrees that the benefits of this Agreement, to which the Executive was not previously entitled, are fair and reasonable consideration independent from the continuation of employment sufficient to support received the Restrictive Covenants AgreementAgreement with this Agreement and at least ten business days before the commencement of the Executive’s employment. For purposes of this Agreement, the obligations in this Section 8 9 and those that arise in the Restrictive Covenants Agreement and any other agreement relating to confidentiality, assignment of inventions, or other restrictive covenants shall collectively be referred to as the “Continuing Obligations.”

Appears in 1 contract

Samples: Employment Agreement (GCP Applied Technologies Inc.)

Restrictive Covenants Agreement. As a condition of employment, the Executive is will be required to enter into the Employee Confidentiality, Assignment, Nonsolicitation Assignment and Noncompetition Agreement, attached hereto as Exhibit A (the “Restrictive Covenants Covenant Agreement”), the terms of which are incorporated by reference as material terms of this Agreement. The Executive further acknowledges and agrees that the benefits of this Agreement, to which the Executive was not previously entitled, are fair and reasonable consideration independent from the continuation of employment sufficient to support he received the Restrictive Covenants AgreementAgreement with this Agreement and at least ten (10) business days before the Restrictive Covenants Agreement is to be effective. For purposes of this Agreement, the obligations in this Section 8 and those that arise in the Restrictive Covenants Agreement and any other agreement relating to confidentiality, assignment of inventions, or other restrictive covenants shall collectively be referred to as the “Continuing Obligations.”

Appears in 1 contract

Samples: Employment Agreement (Proteostasis Therapeutics, Inc.)

Restrictive Covenants Agreement. As [The terms of the Employee Confidentiality, Assignment and Noncompetition27 Agreement, dated [ ] (the “Restrictive Covenants Agreement”), between the Company and the Executive, attached hereto as Exhibit A, continue to be in full force and effect. For the avoidance of doubt, the term “Company” in the Restrictive Covenants Agreement means Nuvalent, Inc., 27 Change to “Nonsolicitation” for X. Xxxxxx. including its subsidiaries and other affiliates and its and their successors and assigns.]28[OR][As a condition of employment, the Executive is required to enter into the Employee Confidentiality, Assignment, Nonsolicitation Assignment and Noncompetition Agreement, attached hereto as Exhibit A (the “Restrictive Covenants Agreement”). The Executive acknowledges that the benefits of this Agreement, to which the Executive was not previously entitled, are fair and reasonable consideration independent from the continuation of employment sufficient to support the Restrictive Covenants Agreement. Agreement”).]29 For purposes of this Agreement, the obligations in this Section 8 and those that arise in the Restrictive Covenants Agreement and any other agreement relating to confidentiality, assignment of inventions, or other restrictive covenants shall collectively be referred to as the “Continuing Obligations.”

Appears in 1 contract

Samples: Employment Agreement (Nuvalent, Inc.)

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