Recitations. The above recitations are true and correct and are incorporated herein by this reference.
Recitations. The foregoing recitals are true and correct and are incorporated herein by reference.
Recitations. The above recitations are incorporated herein by this reference.
Recitations. The Company is presently employing the Optionee as its employee at a Subsidiary (as defined below) of the Company and considers it desirable and in its best interest that Optionee be given an inducement to acquire an initial or additional proprietary interest in the Company as an added incentive to advance the interest of the of the Company in the form of this option to purchase certain shares of the Company's common stock, par value $.10 per share ("Common Stock"). The Board of Directors of the Company has adopted and granted this option on this 22nd day of April, 1998.
Recitations. The recitations set forth hereinabove are true, correct and incorporated herein by reference.
Recitations. Each of the Credit Parties hereby jointly and severally confirms the truth and accuracy of each of the preambles and recitals set forth in the introduction to this Amendment and agrees that each of the preambles and recitals set forth in the introduction to this Amendment are incorporated herein by reference and are and shall be deemed to be a part of this Amendment as if fully set forth herein.
Recitations. Employer is in the business generally of designing, building, and furnishing to government clients and private entities, egovernment applications and services online, including but not limited to Software As A Service, stand-alone online applications, system management and hosting, e-payment processing, database management, and enterprise wide management of such services and payment streams. The parties recognize that in the course of employment with Employer, Employee will be provided access to Employer’s Confidential Information (including trade secrets), will learn Employer’s techniques, procedures and development, management and marketing strategies and will be exposed to the Employer’s clients, all of which Employer has a legitimate business interest in protecting. Employee is expected to work diligently and to develop good will with clients and other of Employer’s employees for the benefit of the Employer. Employee agrees that it would be unfair and improper to disclose or use Employer’s Confidential Information, training or relationships to solicit the Employer’s clients or employees either during the Employee’s employment with employer or for a period thereafter. The parties desire to enter into this Agreement in order to induce the Employer to continue to share its information and resources with Employee during the course of employment and to insure that the Employer’s Business will not be harmed by actions during or subsequent to the Employee’s employment. Employee acknowledges and agrees that the promises in this Agreement are of material importance to Employer and the promises are a material inducement to employ and continue to employ the Employee. Agreement
Recitations. The Seller desires to sell substantially all of its assets, and Buyer desires to acquire such assets.
Recitations. The Company is presently employing the Optionee as its employee and considers it desirable and in its best interest that Optionee be given an inducement to acquire an initial or additional proprietary interest in the Company as an added incentive to advance the interest of the Company in the form of this option to purchase certain shares of the Company's common stock, par value $.10 per share ("Common Stock"), which option hereunder is granted subject to and in accordance with the Company's 1993 Stock Option and Incentive Plan, as amended prior to this date (the "Plan"). The capitalized terms herein shall have the same meaning as set forth in the Plan, unless otherwise indicated.
Recitations. Each and all of the foregoing recitals are true and correct and are incorporated herein by reference.
