NATCO definition
Examples of NATCO in a sentence
The Executive represents and warrants to NATCO that all shares purchased under this Stock Option Agreement shall be acquired for the Executive's own account and not with a view to distribution.
In the event the Executive exercises the Options and purchases shares of common stock of NATCO, the shares held by the Executive shall be subject to the terms of the Stockholders Agreement dated the 30th day of June, 1997, by and among Capricorn Investors, L.P., Capricorn Investors II, L.P. and Cumm▇▇▇▇ ▇▇▇nt Industries, Inc., attached hereto as Exhibit A.
The Executive shall have none of the rights of a stockholder of NATCO with respect to any of the shares of common stock issuable under the Options unless and until such shares of common stock have been purchased by the Executive in accordance with the terms and conditions of this Stock Option Agreement.
At the end of the Period of Active Employment, all NATCO Material shall be returned immediately to NATCO.
NATCO's Board of Directors (the "Board") has determined that it is in the best interests of NATCO and its stockholders to ensure that NATCO and its affiliates will have the continued dedication of the Executive, notwithstanding the possibility, threat or occurrence of a termination of the Executive's employment in certain circumstances, including following a Change in Control as defined herein.
NATCO reserves the right to modify, suspend or discontinue any or all such plans or benefits at any time without recourse by the Executive.
Subject to the foregoing, the Executive shall not engage in any business activities that are directly or indirectly competitive with any business then conducted by NATCO or any of its affiliated companies.
The Executive shall hold in a fiduciary capacity for the benefit of NATCO all secret or confidential information, knowledge or data relating to NATCO and its affiliates, which shall have been obtained by the Executive during his employment by NATCO and which shall not be public knowledge.
The Executive will, at the request of NATCO, execute such assignments, certificates and other instruments as NATCO may from time to time deem necessary or desirable to evidence, establish, maintain, perfect, protect, enforce or defend its right, title and interest in and to any of the foregoing.
After termination of the Executive's employment with NATCO, he shall not, without the prior written consent of the Board, communicate or divulge any such information, knowledge or data to anyone other than the Board and those designated by the Board.