Existing Restrictive Covenants definition
Examples of Existing Restrictive Covenants in a sentence
The Borrower shall not permit any Existing Subsidiary to enter into any Contract or renegotiate any existing Contract which has the effect of imposing any Restrictive Covenants that are more onerous or restrictive than any Existing Restrictive Covenants or has the effect of extending the application of an Existing Restrictive Covenant.
Employee understands and agrees that the covenants contained in Sections 10 (Non-Disclosure of Proprietary Information), 11 (Non-Solicitation Covenants), 12 (Existing Restrictive Covenants), 13 (Return of Proprietary Information), and 14 (Proprietary Rights) of that certain Employment Agreement dated January 1, 2002, by and between Employee and the Company (the "Employment Agreement"), attached hereto as Exhibit A, shall survive the termination of Employee's employment and Employment Agreement.
Executive represents to the Company that, to the best of Executive’s knowledge, Executive’s execution of this Agreement, Executive’s employment with the Company and the performance of Executive’s proposed duties for the Company will not violate any obligations the Executive may have to any such previous employer or other party, subject to the Company’s agreement not to assign Executive duties or require or cause him to violate or breach the Existing Restrictive Covenants.