Covenant Not to Compete; Non-Interference. (a) The Executive acknowledges that the services to be performed under this Agreement are of a special and unique character, that the businesses of the XRG Companies are national in scope, that their services are marketed throughout the United States, and that the XRG Companies compete with other organizations that are or could be located in any part of the United States. The Executive further acknowledges that XRG requires the Executive to agree to the provisions of this Section 13 as a condition to its purchase of Highbourne Corporation. In consideration of the foregoing, and in consideration of his continued employment by XLIH, the Executive hereby covenants and agrees that he shall not:
Appears in 2 contracts
Samples: Employment Agreement (XRG Inc), Employment Agreement (XRG Inc)
Covenant Not to Compete; Non-Interference. (a) The Executive acknowledges that the services to be performed under this Agreement are of a special and unique character, that the businesses of the XRG Companies are national in scope, that their services are marketed throughout the United States, and that the XRG Companies compete with other organizations that are or could be located in any part of the United States. The Executive further acknowledges that XRG requires the Executive to agree to the provisions of this Section 13 12 as a condition to its purchase of Highbourne CorporationHighway Transport. In consideration of the foregoing, and in consideration of his continued employment by XLIHXRGL, the Executive hereby covenants and agrees that he shall not:
Appears in 1 contract
Samples: Employment Agreement (XRG Inc)
Covenant Not to Compete; Non-Interference. (a) The Executive acknowledges that the services to be performed under this Agreement are of a special and unique character, that the businesses of the XRG Companies are national in scope, that their services are marketed throughout the United States, and that the XRG Companies compete with other organizations that are or could be located in any part of the United States. The Executive further acknowledges that XRG requires the Executive to agree to the provisions of this Section 13 as a condition to its purchase of Highbourne Corporation. the stock of XRG Logistics, Inc. In consideration of the foregoing, and in consideration of his continued employment by XLIH, XRGL the Executive hereby covenants and agrees that he shall not:
Appears in 1 contract
Samples: Employment Agreement (XRG Inc)
Covenant Not to Compete; Non-Interference. (a) The Executive acknowledges that the services to be performed under this Agreement are of a special and unique character, that the businesses of the XRG Companies are national in scope, that their services are marketed throughout the United States, and that the XRG Companies compete with other organizations that are or could be located in any part of the United States. The Executive further acknowledges that XRG requires the Executive to agree to the provisions of this Section 13 as a condition to its purchase of Highbourne Corporation. the stock of XRG Logistics, Inc. In consideration of the foregoing, and in consideration of his continued employment by XLIHXRGL, the Executive hereby covenants and agrees that he shall not:
Appears in 1 contract
Samples: Employment Agreement (XRG Inc)