Common use of Acknowledgment of Reasonableness Clause in Contracts

Acknowledgment of Reasonableness. You and the Company specifically agree that the provisions of the restrictive covenants contained in this Agreement, including the post-employment covenants regarding non-solicitation and non-competition, are reasonable and that the Company would not have entered into this Agreement but for the inclusion of such covenants. You understand that the Company’s business is nationwide, and, therefore, a nationwide restrictive covenant is reasonable. If a court or arbitrator determines that any provision of any such restrictive covenant is unreasonable, whether in period of time, geographical area, or otherwise, you and the Company agree that the covenant shall be interpreted and enforced to the maximum extent which a court or arbitrator deems reasonable. In addition, you and the Company authorize any such court or arbitrator to reform these restrictions to the minimum extent necessary.

Appears in 11 contracts

Samples: Letter Agreement (New York & Company, Inc.), Letter Agreement (New York & Company, Inc.), Letter Agreement (New York & Company, Inc.)

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Acknowledgment of Reasonableness. You and the Company specifically agree that the provisions of the restrictive covenants contained in this Agreement, including the post-post employment covenants regarding non-non solicitation and non-non competition, are reasonable and that the Company would not have entered into this Agreement but for the inclusion of such covenants. You understand that the Company’s business is nationwide, and, therefore, a nationwide restrictive covenant is reasonable. If a court or arbitrator determines that any provision of any such restrictive covenant is unreasonable, whether in period of time, geographical area, or otherwise, you and the Company agree that the covenant shall be interpreted and enforced to the maximum extent which a court or arbitrator deems reasonable. In addition, you and the Company authorize any such court or arbitrator to reform these restrictions to the minimum extent necessary.

Appears in 5 contracts

Samples: Letter Agreement (New York & Company, Inc.), Letter Agreement of Employment (New York & Company, Inc.), Letter Agreement (New York & Company, Inc.)

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Acknowledgment of Reasonableness. You and the Company specifically agree that the provisions of the restrictive covenants contained in this Agreement, including the post-post employment covenants regarding non-non solicitation and non-non competition, are reasonable and that the Company would not have entered into this Agreement but for the inclusion of such covenants. You understand that the Company’s 's business is nationwide, and, therefore, a nationwide restrictive covenant is reasonable. If a court or arbitrator determines that any provision of any such restrictive covenant is unreasonable, whether in period of time, geographical area, or otherwise, you and the Company agree that the covenant shall be interpreted and enforced to the maximum extent which a court or arbitrator deems reasonable. In addition, you and the Company authorize any such court or arbitrator to reform these restrictions to the minimum extent necessary.

Appears in 1 contract

Samples: Letter Agreement (New York & Company, Inc.)

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