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| This is a redacted version of one of the documents in our document package. The document samples are html version of the rtf files of the actual documents in the package. As such, formatting will not always appear correct in the samples. | ||
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RESTRICTIVE COVENANTS
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EMPLOYEE RESTRICTIVE COVENANTS Restrictive
Covenants. The Employee acknowledges that the Corporation,
through its employment of the Employee, has provided the Employee
with confidential information, business and professional contacts,
training and experience, and the ability to service and otherwise
have access to the Corporation's clients.
The Employee further acknowledges that such confidential information,
business and professional contacts, training and experience, and the
ability to service and otherwise have access to the Corporation's
clients are the result of his employment by the Corporation.
In consideration of the foregoing and of the benefits generally
provided to the Employee by the Corporation pursuant to the terms
of this Agreement and otherwise, the Employee agrees to abide and
be bound by the restrictions and prohibitions of this Article, which
restrictions are intended by the parties to extend to any and all
activities of the Employee, whether as an independent contractor,
partner or joint venturer, or as an officer, director, stockholder,
agent, employee or salesman for any person, firm, partnership, corporation
or other entity, or otherwise.
Hiring.
[Paragraph Omitted But Included In Fully
Licensed Version] Confidentiality;
Disclosure; Proprietary Information.
[Paragraph Omitted But Included In Fully
Licensed Version] Solicitation. The
Employee further agrees that during the term of this Agreement and
following the termination of this Agreement, whether the termination
shall be voluntary or involuntary, or with
[Paragraph Omitted But Included In Fully
Licensed Version]
Non-Competition
With Corporation Clients.
[Paragraph Omitted But Included In Fully
Licensed Version] Covenants
Independent. Each restrictive covenant on the part of the
Employee set forth in this Agreement shall
[Paragraph Omitted But Included In Fully
Licensed Version] Proprietary Creations. All processes,
inventions, patents, copyrights, trademarks, and other intangible
rights (collectively the "Inventions")
that may be conceived or developed by Employee,
[Paragraph Omitted But Included In Fully
Licensed Version] Divisibility of Covenant Areas and Periods.
If any portion of the restrictive covenants contained herein
is held to be unreasonable, arbitrary or against public policy, each
covenant shall be considered divisible both as to time and geographical
area; and each one (1) month of the specified period shall be deemed
to be a separate period of time and each one-half (1/2) mile radius
segment of the geographical area shall be deemed to be a separate
geographical area, so that the maximum lesser time and geographical
area shall remain effective so long as the same is not unreasonable,
arbitrary or against public policy. Injunctive and Equitable Relief.
Employee and Corporation recognize and expressly agree that
the extent of damages to Corporation in the event of a breach by Empl
[Paragraph Omitted But Included In Fully
Licensed Version] Venue; Court Proceedings. The Employee and the Corporation hereby agree
that the venue of any action, proceeding, counterclaim, crossclaim,
or other litigati
[Paragraph Omitted But Included In Fully
Licensed Version] Indemnification.
The Employee hereby agrees to indemnify and hold the Corporation
and its officers, directors,
[Paragraph Omitted But Included In Fully
Licensed Version] Acknowledgment. The Employee acknowledges that when this Agreement
is concluded, the Employee will be able to earn a living without violating
the
[Paragraph Omitted But Included In Fully
Licensed Version] Survival of Covenants. All restrictive covenants contained in this Agreement shall survive the termination of this Agreement.
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