Key Officer definition
Examples of Key Officer in a sentence
Employee shall be entitled to participate in the Company's Key Officer Incentive Bonus Plan if and when established by the Board.
None of the Warrantors is aware that any Key Officer intends to terminate his or her employment with any Group Company, or any Group Company has a present intention to terminate the employment of any Key Officer.
The Key Officer agrees that, upon the termination of the Key Officer's employment with the Company, all tangible Confidential Information and Company property and duplicates thereof in the possession or control of the Key Officer, in any form or format, shall forthwith be returned to the Company and shall not be retained by the Key Officer or furnished or communicated to any third party in any form whatsoever.
Prior to any disclosure of Confidential Information required by law, the Key Officer shall provide prompt notice thereof to the Company so as to allow the Company to seek appropriate injunctive relief and shall reasonably assist the Company in its efforts to limit such disclosure.
Further, the Key Officer acknowledges and agrees that monetary damages for any violation of Sections 3 or 4 of this Agreement will not adequately compensate the Company and its affiliates with respect to any such violation.