Example ContractsClausesPost-Termination Covenants by Executive
Post-Termination Covenants by Executive
Post-Termination Covenants by Executive contract clause examples

Upon the termination of Executive’s employment hereunder, regardless of # the date, cause, or manner of the Termination of Employment, # whether the Termination of Employment is with or without Cause or is a result of Executive’s resignation, or # whether the Employer provides severance benefits to Executive under this Agreement (the “Termination of Employment”), Executive shall resign and does resign # as a member of the Board if serving on the Board at that time and # from all positions as an officer, director or manager of the Company and from any other positions with the Company, with all such resignations to be effective upon the date of the Termination of Employment.

Upon the termination of Executive’s employment hereunder, regardless of

Executive acknowledges and agrees that during her employment with the Company, she will: # have the primary duty of managing the Company; # customarily and regularly direct the work of two or more employees; and # have the authority to hire or fire other employees or have particular weight given to her suggestions and recommendations as to the hiring, firing, advancement, promotion, or any other change of status of other employees. Executive further acknowledges and agrees that by reason of the time, training, money and trust invested in her by the Company and her exposure to the public or to customers, vendors, or other business relationships, she will gain # a high level of notoriety, fame, reputation, or public persona as the Company’s representative or spokesperson, or # a high level of influence or credibility with the customers, vendors, or other business relationships of the [[Company:Organization]] Companies. Executive further acknowledges and agrees that she will be intimately involved in the planning for or direction of the business of the [[Company:Organization]] Companies, and that she has or will obtain selective or specialized skills, knowledge, abilities, or customer contacts or information by reason of working for the Company.

. Take each action otherwise required hereunder and set forth on [Schedule 6.13] within the period set forth on [Schedule 6.13] for such action.

Post-Closing Covenants. Covenants and agrees to fulfill the obligations set forth on [Schedule 6.17].

Within fifteen (15) Business Days (or such longer time period as agreed to by Agent in its reasonable discretion), Borrower shall cause the deposit bank with respect to the Operating Accounts to enter into a deposit account control agreement in favor of Agent in form and substance reasonably satisfactory to Agent (for the avoidance of doubt, notwithstanding anything to the contrary in the Loan Documents, Borrower shall not be required to provide a deposit account control agreement with respect to the Operating Accounts prior to the expiration of such period).

Post-Closing Covenants. Within forty-five (45) days (or such longer period as agreed by the Agent in its reasonable discretion) following the Second Amendment Effective Date, the Borrowers # shall deliver to Agent, the Account Control Agreements required to be delivered pursuant to the Credit Agreement, and # shall endeavor to amend and restate the Account Control Agreements in effect prior to the Second Amendment Effective Date.

Post-Termination Restriction. If this Agreement is terminated by AstraZeneca at will under Section 13.2 or by FibroGen China under Section 13.4 for AstraZeneca’s material breach or by FibroGen China under [Section 13.5] for patent challenge, for three (3) years after the effective date of termination, AstraZeneca will not develop, manufacture or commercialize (directly or indirectly), nor license or authorize a Third Party to commercialize, any HIF Compound in the Territory for use in the Field, or knowingly sell or supply HIF Compounds to a Third Party for such purpose.

Notwithstanding anything to the contrary in the Agreement or in this letter agreement, [[Organization A:Organization]] will retain a non-exclusive, perpetual, irrevocable, royalty-free, fully paid-up, non-transferable, non-sublicensable (other than to [[Organization A:Organization]]’s Affiliates) license under the Licensed IP to research and Develop SMC Licensed Products (but excluding the right to sell any SMC Licensed Products).

Post-Termination Period. Employee agrees that any invention, discovery, idea, writing, concept, design, process, work of authorship, client list, patent, copyright or trademark or similar item or improvement shall be presumed to be a Creation if it is conceived, developed, used, sold, exploited or reduced to practice by him or her or with his or her aid within one (1) year after termination of employment with an Insight Company. Employee can rebut this presumption if he or she proves that invention, discovery, idea, writing, concept, design, process, work of authorship, client list, patent, copyright, trademark or similar item or improvement is not a Creation covered by this Agreement.

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