Restrictive Covenant Agreement definition
Examples of Restrictive Covenant Agreement in a sentence
You acknowledge and agree that your acceptance of this Award, and the Restrictive Covenant Agreement, shall be not effective until the date which is fourteen (14) days after you were provided with this notice of the above-referenced restrictive covenants provided in your Agreement.
The Restrictive Covenant Agreement is hereby incorporated into and made a part of this Agreement.
Except as provided in the Restrictive Covenant Agreement, any and all controversies and disputes between Executive and the Company arising from this Agreement or regarding any matter whatsoever shall be submitted to arbitration before a single unbiased arbitrator skilled in arbitrating such disputes under the American Arbitration Association, utilizing its Employment Arbitration Rules and Mediation Procedures.
The obligation of the Company to make payments to the Executive under Section 5(b) or 5(c) above, and the Executive’s right to retain the same, are expressly conditioned upon his or her continued full performance of his or her obligations under the Restrictive Covenant Agreement.
The Executive agrees to the terms of the Confidentiality, Non-Solicitation and Non-Compete Agreement (the “Restrictive Covenant Agreement”) attached hereto as Addendum A and has signed the Restrictive Covenant Agreement.