Covenant Against Competition; Other Covenants. The Executive acknowledges that (i) the Executive’s work for the Company has given and will continue to give him access to the confidential affairs and proprietary information of the Company; (ii) the covenants and agreements of the Executive contained in this Section 7 are essential to the business and goodwill of the Company, and (iii) the Company would not have entered into this Agreement but for the covenants and agreements set forth in this Section 7. Accordingly, the Executive covenants and agrees that:
Appears in 2 contracts
Samples: Employment Agreement (FBR Capital Markets Corp), Employment Agreement (Friedman Billings Ramsey Group Inc)
Covenant Against Competition; Other Covenants. The Executive acknowledges that (i) the Executive’s work for the Company has given and will continue to give him access to the confidential affairs and proprietary information of the Company; , (ii) the covenants and agreements of the Executive contained in this Section 7 6 are essential to the business and goodwill of the Company, and (iii) the Company would not have entered into this Agreement but for the covenants and agreements set forth in this Section 76. Accordingly, the Executive covenants and agrees that:
Appears in 2 contracts
Samples: Employment Agreement (FBR & Co.), Employment Agreement (FBR & Co.)
Covenant Against Competition; Other Covenants. The Executive acknowledges that (ix) the Executive’s work for the Company and its subsidiaries has given given, and the Executive’s work for Parent and the Company will continue to give give, him access to the confidential affairs and proprietary information of Parent and the Company; , (iiy) the covenants and agreements of the Executive contained in this Section 7 are essential to the business and goodwill of Parent and the Company, and (iiiz) the Company would not have entered into this Agreement but for the covenants and agreements set forth in this Section 7. Accordingly, the Executive covenants and agrees that:
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Covenant Against Competition; Other Covenants. The Executive acknowledges that (i) the Executive’s work for the Company has given and will continue to give him access to the confidential affairs and proprietary information of the Company; Company and its affiliates, (ii) the covenants and agreements of the Executive contained in this Section 7 6 are essential to the business and goodwill of Parent and constitute part of the Companyconsideration and inducement to Parent to enter into the Merger Agreement and consummate the transactions contemplated thereby, and (iii) the Company would not have entered into this Agreement but for the covenants and agreements set forth in this Section 76. Accordingly, the Executive covenants and agrees that:
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