Common use of BACKGROUND STATEMENT Clause in Contracts

BACKGROUND STATEMENT. The Company enables rapid platform design and integration for the global voice and data communications markets through custom and off-the-shelf communications equipment, embedded software development suites, and systems integration and consulting services for telecom and enterprise networks. Executive desires to be employed or continue to be employed by the Company. The Company desires to employ Executive, provided that as an express, prior condition of such employment, Executive enters into this Agreement with the Company. This Agreement sets forth the terms of Executive’s employment. The parties agree that this Agreement is supported by valuable consideration, that mutual promises and obligations have been undertaken by the parties to it, and that the agreement is entered into voluntarily by the parties. Statement of Agreement

Appears in 5 contracts

Samples: Agreement (Interphase Corp), Agreement (Interphase Corp), Agreement (Interphase Corp)

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BACKGROUND STATEMENT. The Company enables rapid platform design and integration for the global voice and data communications markets through custom and off-the-shelf communications equipment, embedded software development suites, and systems integration and consulting services for telecom and enterprise networks. Executive desires to be employed or continue to be employed by the Company. The Company desires to continue to employ Executive, provided that as an express, prior condition Executive under the terms and conditions of such employment, Executive enters into this Agreement with the CompanyAgreement. This Agreement sets forth the terms of Executive’s employment. The parties agree that this Agreement is supported by valuable consideration, that mutual promises and obligations have been undertaken by the parties to it, and that the agreement is entered into voluntarily by the parties. Statement of Agreement

Appears in 4 contracts

Samples: Agreement (Interphase Corp), Agreement (Interphase Corp), Agreement (Interphase Corp)

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BACKGROUND STATEMENT. The Company enables rapid platform design and integration for the global voice and data communications markets through custom and off-the-shelf communications equipment, embedded software development suites, and systems integration and consulting services for telecom and enterprise networks. Executive desires to be employed or continue to be employed by the Company. The Company desires to continue to employ Executive, provided that as an express, prior condition Executive under the terms and conditions of such employment, Executive enters into this Agreement with the CompanyAgreement. This Agreement sets forth the terms of Executive’s employment. The parties agree that this Agreement is supported by valuable consideration, that mutual promises and obligations have been undertaken by the parties to it, and that the agreement is entered into voluntarily by the parties. Statement of Agreement.

Appears in 1 contract

Samples: Agreement (Interphase Corp)

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