Director’s Representation and Acknowledgment Clause Example from Business Contracts

Director’s Representation and Acknowledgment. The Director represents to the Corporation that his execution and performance of this Agreement shall not be in violation of any agreement or obligation (whether or not written) that he or she may have with or to any person or entity, including without limitation, any prior or current employer. The Director hereby acknowledges and agrees that this Agreement (and any other agreement or obligation referred to herein) shall be an obligation solely of the Corporation, and the Director shall have no ...recourse whatsoever against any employee or stockholder of the Corporation or any of their respective affiliates with regard to this Agreement. View More