Affiliated Company definition
Examples of Affiliated Company in a sentence
Employee acknowledges and agrees that the Company, or other Affiliated Company, use reasonable means to maintain the secrecy and confidentiality of the Confidential Information.
Executive hereby understands, acknowledges and agrees that, by virtue of Executive’s positions with the Company and any other Affiliated Company, Executive has and will have advantageous familiarity and personal contacts with the customers, wherever located, of the Company or any other Affiliated Company and has and will have advantageous familiarity with the business, operations and affairs of the Company or other Affiliated Companies.
In no event whatsoever shall the Company, any Affiliated Company, or their respective affiliates or their respective officers, directors, employees or agents be liable for any additional tax, interest or penalties that may be imposed on Executive by Code Section 409A or damages for failing to comply with Code Section 409A.
In any such action, Executive waives all claims or defenses that the Company, or Affiliated Company, has an adequate remedy at law, and Executive shall not urge, in any such action or proceeding, the claim or defense that such a remedy at law exists.
Executive covenants and agrees to keep all Confidential Information subject to the Company’s, or any Affiliate Company’s custody and control and to immediately return to the Company or other appropriate Affiliated Company, all Confidential Information that is still in Executive’s possession or control at the termination of Executive’s employment.