Common use of Additional Covenants of Executive Clause in Contracts

Additional Covenants of Executive. As additional consideration for the Corporation entering into this Agreement, and Executive’s continued employment by the Corporation, Executive agrees to be bound by and to comply with each of the covenants set forth in this Section 7. For all purposes of this Section 7, the Corporation shall be deemed to include any entity which is controlled, directly or indirectly, by the Corporation and any entity of which a majority of the economic interest is owned, directly or indirectly, by the Corporation.