Common use of No Third Party Agreements Clause in Contracts

No Third Party Agreements. Executive represents and warrants to Seritage that, except as disclosed on Appendix A, attached hereto, (a) as of his start date with Seritage, he is not subject to any obligation, written or oral, containing any non-competition provision or any other restriction (including, without limitation, any confidentiality provision) that would result in any restriction on his ability to accept and perform this or any other position with Seritage or any of its affiliates and (b) he is not (i) a member of any board of directors, board of trustees or similar governing body of any for-profit, non-profit or not-for-profit entity, or (ii) a party to any agreement, written or oral, with any entity under which he would receive remuneration for services, except as disclosed to and approved by Seritage in advance of his start date. Executive will not (A) become a member of any board or body described in clause (b)(i) of the preceding sentence or (B) become a party to any agreement described in clause (b)(ii) of the preceding sentence, in each case without the prior written consent of Seritage, such consent not to be unreasonably withheld.

Appears in 1 contract

Sources: Employment Agreement (Seritage Growth Properties)

No Third Party Agreements. Executive represents and warrants to Seritage that, except as disclosed on Appendix A, attached hereto, (a) as of his start date with Seritagethe Effective Date, he Executive is not subject to any obligation, written or oral, containing any non-competition provision or any other restriction (including, without limitation, any confidentiality provision) that would result in any restriction on his Executive's ability to accept and perform this or any other position with Seritage or any of its affiliates and (b) he Executive is not (i) a member of any board of directors, board of trustees or similar governing body of any for-profit, non-profit or not-for-profit entity, or (ii) a party to any agreement, written or oral, with any entity under which he Executive would receive remuneration for services, except as disclosed to and approved by Seritage in advance of his start dateSeritage. Executive will not (A) become a member of any board or body described in clause (b)(i) of the preceding sentence or (B) become a party to any agreement described in clause (b)(ii) of the preceding sentence, in each case without the prior written consent of Seritage, such consent not to be unreasonably withheld.

Appears in 1 contract

Sources: Employment Agreement (Seritage Growth Properties)