Restrictive Obligations Clause Samples
A Restrictive Obligations clause sets out specific actions or behaviors that a party is prohibited from undertaking during the term of an agreement. Typically, this may include restrictions on competing with the other party, soliciting their clients or employees, or disclosing confidential information. By clearly defining what is not permitted, this clause helps protect the interests of the parties involved and prevents conduct that could undermine the agreement’s objectives.
Restrictive Obligations. In exchange for the Award pursuant to this Agreement which Participant acknowledges that Participant is not otherwise entitled to, Participant agrees to be bound by and comply with the following obligations which will survive the termination or expiration of this Agreement: (a)
Restrictive Obligations. In exchange for the Award pursuant to this Agreement which Optionee acknowledges that Optionee is not otherwise entitled to, Optionee agrees to be bound by and comply with the following obligations which will survive the termination or expiration of this Agreement: (a)
Restrictive Obligations. In exchange for the Restricted Stock Units pursuant to this Agreement that Participant acknowledges that Participant is not otherwise entitled to, Participant agrees to be bound by and comply with the following obligations, which will survive the termination or expiration of this Agreement: (a)
Restrictive Obligations. In addition to the changes made for the acquisition, from the date of signing this Agreement to the completion of the transfer of documents and assets in accordance with Article 3.5.3 of this Agreement (the “Transition Period”), the Transferor undertakes that the Target Company shall maintain normal operations, the expense process shall comply with financial regulations, maintain the Target Company’s books and maintain normal operating funds, and the Target Company’s cash flow will be positive during the period from the signing of this Agreement to the end of the Transition Period.