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Contract analysis / aldrich-settlement-agreement-execution.docx
aldrich-settlement-agreement-execution.docx
1017-00004 · 3 clauses
High · 1 Medium · 1 Standard · 0
Section 9.2 of the Employment Agreement is hereby modified as follows, and the modified te
Section 9.2 of the Employment Agreement is hereby modified as follows, and the modified terms shall supersede the corresponding provisions of Section 9.2 of the Employment Agreement to the extent of any inconsistency: (i) Duration. The duration of the non-solicitation obligation set forth in Section 9.2 is hereby reduced from twenty-four (24) months following termination to twelve (12) months following the Effective
Section 9.3 of the Employment Agreement is hereby modified as follows, and the modified te Medium
⚑ Confidentiality undertaking
Section 9.3 of the Employment Agreement is hereby modified as follows, and the modified terms shall supersede the corresponding provisions of Section 9.3 of the Employment Agreement to the extent of any inconsistency: (i) Duration. The duration of the non-solicitation obligation set forth in Section 9.3 is hereby reduced from twenty-four (24) months following termination to twelve (12) months following the Effective
Section 9.4 of the Employment Agreement (the "Confidentiality Obligation") shall remain in High
⚑ Penalty / liquidated damages
Section 9.4 of the Employment Agreement (the "Confidentiality Obligation") shall remain in full force and effect indefinitely, without modification of any kind. Aldrich hereby acknowledges and reaffirms his continuing obligation not to disclose, use, transmit, publish, or otherwise disseminate any Confidential Information (as defined in Section 9.4 of the Employment Agreement) to any person or entity, other than as m