GIM definition
Examples of GIM in a sentence
GIM and the Executive shall not use the Information other than in connection with the provision of the Services.
If the Company transfers the whole or a substantial part of its undertaking and property to another company as part of a reconstruction or amalgamation, the Company may by written notice to GIM transfer all its rights and obligations under this Agreement to that other company.
In the event of any breach or threatened breach by GIM or the Executive, the Company shall be entitled to injunctive relief in any court of competent jurisdiction restraining GIM or the Executive from such breach.
Notwithstanding the foregoing, GIM and the Executive agree not to disclose the Information (save as required by law) to any person except to the extent necessary to discharge their responsibilities under this Agreement.
The Company shall, insofar as it is permitted by any applicable law, indemnify GIM and the Executive against any costs, claims or liabilities incurred as a result of the Executive being a director or an officer of any Group Company or his being held out to any person as a director or officer of any such company.
No time or other indulgence given by the Company to GIM nor any neglect failure or forbearance on the part of the Company to enforce the performance or observance of any of GIM's undertakings, covenants and obligations under this Agreement shall in any way release or affect the liability of the Executive hereunder.
Any document, including without limitation notes, memoranda, diaries, correspondence, computer disks or copies thereof created by GIM or the Executive in providing the Services shall be and remain the property of the Company or such Group Company as appropriate and the Company or such Group Company shall be the absolute beneficial owner of the copyright in any such document.
The provision of the Services by GIM shall be deemed to take effect from the date of execution of this Agreement ("the Commencement ---------------- Date").
Neither GIM nor the Executive shall assign or otherwise transfer any of its or his rights nor sub-contract or otherwise transfer any of its or his obligations under this Agreement.
GIM shall provide the services of the Executive to the Company as described and on the terms set out in this Agreement ("the Services").