Common use of Acknowledgments by the Employee Clause in Contracts

Acknowledgments by the Employee. The Employee acknowledges that (a) during the Employment Period and as a part of his employment, the Employee will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) since the Employee possesses substantial expertise and skill with respect to the Employer's business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; (d) the Compensation provided to Employee hereunder constitutes good and sufficient consideration for the Employee's agreements and covenants in this Section 7; and (e) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 11 contracts

Samples: Employment Agreement (PGT Innovations, Inc.), Employment Agreement (PGT Innovations, Inc.), Employment Agreement (PGT Innovations, Inc.)

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Acknowledgments by the Employee. The Employee acknowledges that (a) during the Employment Period and as a part of his employment, the Employee will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) since the Employee possesses substantial expertise and skill with respect to the Employer's business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; (d) the Compensation provided to Employee hereunder constitutes hereunder, together with the consideration provided to the Employee under the Related Agreements, constitute good and sufficient consideration for the Employee's agreements and covenants in this Section 7; and (e) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 8 contracts

Samples: Employment Agreement (PGT, Inc.), Employment Agreement (PGT, Inc.), Employment Agreement (PGT, Inc.)

Acknowledgments by the Employee. The Employee acknowledges that (a) during the Employment Period and as a part of his the Employee’s employment, the Employee will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) since the Employee possesses substantial expertise and skill with respect to the Employer's ’s business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; (d) the Compensation provided to Employee hereunder constitutes good and sufficient consideration for the Employee's ’s agreements and covenants in this Section 78; and (e) the provisions of this Section 7 8 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 6 contracts

Samples: Employment Agreement (PGT Innovations, Inc.), Employment Agreement (PGT Innovations, Inc.), Employment Agreement (PGT Innovations, Inc.)

Acknowledgments by the Employee. The Employee acknowledges that (a) during the Employment Period and as a part of his employment, the Employee will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) since because the Employee possesses substantial technical expertise and skill with respect to the Employer's business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; (d) the Compensation provided to Employer has required that the Employee hereunder constitutes good and sufficient consideration for make the Employee's agreements and covenants in this Section 75 as a condition to its purchase of substantially all of the assets of Quindeca Corporation; and (e) the provisions of this Section 7 5 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 3 contracts

Samples: Employment Agreement (Daily Journal Corp), Employment Agreement (Daily Journal Corp), Employment Agreement (Daily Journal Corp)

Acknowledgments by the Employee. The Employee acknowledges that (a) during the Employment Period and as a part of his employment, the Employee will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer Frankly and its business; (c) since the because Employee possesses substantial technical and business expertise and skill with respect to the Employer's Frankly’s business, the Employer desires to obtain exclusive ownership of each Employee Invention, Employee trade secrets, and the Parties agree that Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; (d) Employer has required that Employee make the Compensation provided to Employee hereunder constitutes good and sufficient consideration for the Employee's agreements and covenants in this Section 75 as a condition of Employee’s employment with the Company; and (e) the provisions of this Section 7 5 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 2 contracts

Samples: Employment Agreement (Frankly Inc), Employment Agreement (Frankly Inc)

Acknowledgments by the Employee. The Employee acknowledges that (a) during the Employment Period and as a part of his or her employment, the Employee will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) since because the Employee possesses substantial technical expertise and skill with respect to the Employer's business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; (d) the Compensation provided to Employer has required that the Employee hereunder constitutes good and sufficient consideration for make the Employee's agreements and covenants in this Section 77 as a condition to its acquisition of the Employee's stock in the Company; and (e) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 1 contract

Samples: Employment Agreement (Quadramed Corp)

Acknowledgments by the Employee. The Employee acknowledges that (a) during the Employment Period and as a part of his employment, the Employee will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) since the Employee possesses substantial expertise and skill with respect to the Employer's ’s business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; (d) the Compensation provided to Employee hereunder constitutes good and sufficient consideration for the Employee's ’s agreements and covenants in this Section 78; and (e) the provisions of this Section 7 8 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 1 contract

Samples: Employment Agreement (PGT Innovations, Inc.)

Acknowledgments by the Employee. The Employee acknowledges that (a) during the Employment Period and as a part of his employment, the Employee will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) since because the Employee possesses substantial technical expertise and skill with respect to the Employer's business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; (d) the Compensation provided to Buyer has required that the Employee hereunder constitutes good and sufficient consideration for make the Employee's agreements and covenants in this Section 77 as a condition to its purchase of the Employer's stock; and (e) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 1 contract

Samples: Employment Agreement (Allis Chalmers Corp)

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Acknowledgments by the Employee. The Employee acknowledges that (a) during the Employment Period and as a part of his employment, the Employee will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) since the Employee possesses substantial expertise and skill with respect to the Employer's business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; (d) the Compensation provided to Employee hereunder constitutes hereunder, together with the consideration provided to the Employee under the Related Agreement, constitute good and sufficient consideration for the Employee's agreements and covenants in this Section 7; and (e) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 1 contract

Samples: Employment Agreement (PGT, Inc.)

Acknowledgments by the Employee. The Employee acknowledges that (a) during the Employment Period and as a part of his her employment, the Employee will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (c) since the Employee possesses substantial expertise and skill with respect to the Employer's ’s business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; (d) the Compensation provided to Employee hereunder constitutes good and sufficient consideration for the Employee's ’s agreements and covenants in this Section 7; and (e) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 1 contract

Samples: Employment Agreement (PGT Innovations, Inc.)

Acknowledgments by the Employee. The Employee acknowledges that ------------------------------- that: (ai) during the Employment Period Term and as a part of his employment, the Employee will be afforded access to Confidential Information; (bii) public disclosure of such Confidential Information could have an adverse effect on the Employer Company and its business; (ciii) since because the Employee possesses substantial technical expertise and skill with respect to the EmployerCompany's business, the Employer Company desires to obtain exclusive ownership of each Employee Invention, and the Employer Company will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; (div) the Compensation provided to Company has required that the Employee hereunder constitutes good and sufficient consideration for make the Employee's agreements and covenants in this Section 77 as a condition to its acquisition of the Employee's stock in the Company; and (ev) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer Company with exclusive ownership of all Employee Inventions.

Appears in 1 contract

Samples: Employment Agreement (Entravision Communications Corp)

Acknowledgments by the Employee. The Employee acknowledges that that: (ai) during the Employment Period and as a part of his or her employment, the Employee will be afforded access to Confidential Information; (bii) public disclosure of such Confidential Information could have an adverse effect on the Employer and its business; (ciii) since because the Employee possesses substantial technical expertise and skill with respect to the Employer's business, the Employer desires to obtain exclusive ownership of each Employee Invention, and the Employer will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each Employee Invention; (div) the Compensation provided to Employer has required that the Employee hereunder constitutes good and sufficient consideration for make the Employee's agreements and covenants in this Section 77 as a condition to its acquisition of the Employee's stock in the Company; and (ev) the provisions of this Section 7 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide the Employer with exclusive ownership of all Employee Inventions.

Appears in 1 contract

Samples: Employment Agreement (Quadramed Corp)

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