ACKNOWLEDGEMENTS AND DECLARATIONS. I hereby declare and acknowledge that : My non-competition obligations under this Exhibit B are fair, reasonable, and proportional, especially in light of the Special Compensation I receive under the Employment Agreement, and are designed to protect the Company's and the Company affiliates' secrets and their confidential information, which constitute the essence of their protected business and commercial advantage in which significant capital investments were made. Any breach of my obligations under this Exhibit B shall contradict the nature of the special trust and loyalty between me and the Company, the fair and proper business practices and the duty of good faith and fairness between me and the Company. My obligations under this Exhibit B and the restricted period of time and geographical area specified herein are reasonable and proportional, and do not prevent me from developing his general knowledge and professional expertise in the area of my business, without infringing on or breaching any of the Company's rights.
Appears in 2 contracts
Sources: Employment Agreement (Solaredge Technologies, Inc.), Employment Agreement (Solaredge Technologies, Inc.)
ACKNOWLEDGEMENTS AND DECLARATIONS. I hereby declare and acknowledge that : :
(a) My non-competition obligations under this Exhibit B are fair, reasonable, and proportional, especially in light of the Special Compensation Salary I receive under the Employment Agreement, and are designed to protect the Company's Companyfs and the Company affiliates' secrets and their confidential information, which constitute the essence of their protected business and commercial advantage in which significant capital investments were made. .
(b) Any breach of my obligations under this Exhibit B shall contradict the nature of the special trust and loyalty between me and the Company, the fair and proper business practices and the duty of good faith and fairness between me and the Company. .
(c) My obligations under this Exhibit B and the restricted period of time and geographical area specified herein are reasonable and proportional, and do not prevent me from developing his general knowledge and professional expertise in the area of my business, without infringing on or breaching any of the Company's rights.
Appears in 1 contract
Sources: Employment Agreement (Solaredge Technologies, Inc.)
ACKNOWLEDGEMENTS AND DECLARATIONS. I hereby declare and acknowledge that : that:
(a) My non-competition obligations under this Exhibit B are fair, reasonable, and proportional, especially in light of the Special Compensation Compansation I receive under the Employment Agreement, and are designed to protect the Company's and the Company affiliates' secrets and their confidential information, which constitute the essence of their protected business and commercial advantage in which significant capital investments were made. .
(b) Any breach of my obligations under this Exhibit B shall contradict the nature of the special trust and loyalty between me and the Company, the fair and proper business practices and the duty of good faith and fairness between me and the Company. .
(c) My obligations under this Exhibit B and the restricted period of time and geographical area specified herein are reasonable and proportional, and do not prevent me from developing his general knowledge and professional expertise in the area of my business, without infringing on or breaching any of the Company's rights.
Appears in 1 contract
Sources: Employment Agreement (Solaredge Technologies, Inc.)