Common use of Equitable Accounting Clause in Contracts

Equitable Accounting. Company shall have the right to demand and receive equitable accounting with respect to any consideration received by Executive in connection with activities in breach of the restrictive covenants herein, and Company shall be entitled to payment from Executive of such consideration on demand.

Appears in 4 contracts

Samples: Employment Agreement (Power Medical Interventions, Inc.), Employment Agreement (Power Medical Interventions, Inc.), Employment Agreement (Power Medical Interventions, Inc.)

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Equitable Accounting. The Company shall have the right to demand and receive equitable accounting with respect to any consideration received by Executive in connection with activities in breach of the restrictive covenants herein, and the Company shall be entitled to payment from Executive of such consideration on demand.

Appears in 2 contracts

Samples: Employment Agreement (Natural Health Trends Corp), Employment Agreement (Natural Health Trends Corp)

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Equitable Accounting. Company Employer shall have the right to demand and receive equitable accounting with respect to any consideration received by Executive Employee in connection with activities in breach of the restrictive covenants herein, and Company Employer shall be entitled to payment from Executive Employee of such consideration on demand.

Appears in 2 contracts

Samples: Employment Agreement (Cross Media Marketing Corp), Employment Agreement (Symposium Corp)

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