Existing Business Interests. The Parties acknowledge that the Company is engaged in the various business as disclosed to the Executive (together with such other activities as may be engaged in from time to time, the “Existing Business”). As part of this Existing Business, Company has developed and continues to develop Confidential Information regarding the operation of such business. In addition, Company has developed and continues to develop substantial relationships with existing and prospective clients, accounts, suppliers and others, as well as goodwill associated with these relationships and business. These relationships are a substantial business asset owned by, and proprietary to, Company and are integral to Company’s Existing Business and continued operation.
Appears in 51 contracts
Sources: Executive Employment Agreement (Bitech Technologies Corp), Executive Employment Agreement (Bitech Technologies Corp), Membership Interest Purchase Agreement (Bitech Technologies Corp)
Existing Business Interests. The Parties acknowledge that the Company is engaged in the various business as disclosed to the Executive Counterparty (together with such other activities as may be engaged in from time to time, the “Existing Business”). As part of this Existing Business, the Company has developed and continues to develop Confidential Information regarding the operation of such business. In addition, the Company has developed and continues to develop substantial relationships with existing and prospective clients, accounts, suppliers and others, as well as goodwill associated with these relationships and business. These relationships are a substantial business asset owned by, and proprietary to, the Company and are integral to the Company’s Existing Business and continued operation.
Appears in 1 contract
Sources: Asset Purchase Agreement (Global Arena Holding, Inc.)