APSI definition
Examples of APSI in a sentence
Executive agrees and acknowledges that the covenants, restrictions and obligations set forth in this Agreement are reasonable and necessary to protect APSI.
This Section shall survive the termination of Executive’s employment with APSI regardless of the reason for termination.
Furthermore, if Executive breaches any post-employment covenants, including the restrictions and obligations in Section 12 or 13, as determined in APSI’s sole discretion, APSI may recoup any severance payment paid to Executive.
Upon termination of Executive’s employment, Executive shall immediately return to APSI all Company documents and property, including but not limited to Confidential Information, manuals, reports, files, memoranda, records, door and file keys, passwords and access codes, and any other physical or tangible things that Executive received, prepared, or helped prepare in connection with APSI or Executive’s employment.
APSI may withhold from all payments due to Executive (or his beneficiary or estate) hereunder all taxes that, by applicable federal, state, local or other law, APSI is required to withhold therefrom.
Executive agrees that APSI, or its successor or assigns, will suffer irreparable damage and injury and will not have an adequate remedy at law in the event of any breach by Executive of any provision of Section 12 or 13.
No single or partial exercise of any right or remedy by APSI shall preclude any other or further exercise thereof or the exercise of any other right or remedy.
Executive acknowledges that APSI is entitled to the full one (1) year post-termination restriction on the activities set forth in this Section.
Executive further agrees that APSI may, if it so desires, send a copy of this Agreement to, or otherwise make the provisions hereof known to, any such employer.
The provisions hereof shall inure to the benefit of and be binding upon the successors and assigns of APSI.