Common use of Acknowledgment Regarding Restrictions Clause in Contracts

Acknowledgment Regarding Restrictions. Employee recognizes and agrees that the restraints contained in Section 12 (both separately and in total) are reasonable and should be fully enforceable in view of the high level positions Employee has had with the Company, and the Company’s legitimate interests in protecting its Confidential Information and its goodwill and relationships. Employee specifically hereby acknowledges and confirms that Employee is willing and intends to, and will, abide fully by the terms of Section 12 of this Agreement. Employee further agrees that the Company would not have adequate protection if Employee were permitted to work in a Competitive Business in violation of the terms of this Agreement since the disclosure of Confidential Information is inevitable and the Company would be unable to verify whether its Confidential Information was being disclosed and/or misused. Employee further specifically acknowledges that the scope and term of this Section 12 would not preclude Employee from earning a living in an occupation or position with an entity that is not a Competitive Business.

Appears in 3 contracts

Samples: Employment Agreement (Universal Technical Institute Inc), Employment Agreement (Universal Technical Institute Inc), Employment Agreement (Universal Technical Institute Inc)

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Acknowledgment Regarding Restrictions. Employee recognizes and agrees that the restraints contained in Section 12 this section (both separately and in total) are reasonable and should be fully enforceable in view of the high level positions Employee has had with the Company, and the Company’s legitimate interests in protecting its Confidential Information and its goodwill and relationships. Employee specifically hereby acknowledges and confirms that Employee is willing and intends to, and will, abide fully by the terms of Section 12 of this Agreementsection. Employee further agrees that the Company would not have adequate protection if Employee were permitted to work in a Competitive Business in violation of the terms of this Agreement since the disclosure of Confidential Information is inevitable and the Company would be unable to verify whether its Confidential Information was being disclosed and/or misused. Employee further specifically acknowledges that the scope and term of this Section 12 section would not preclude Employee from earning a living in an occupation or position with an entity that is not a Competitive Business.

Appears in 2 contracts

Samples: Employment Agreement (Nuverra Environmental Solutions, Inc.), Employment Agreement (Nuverra Environmental Solutions, Inc.)

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Acknowledgment Regarding Restrictions. Employee recognizes and agrees that the restraints contained in Section 12 13 (both separately and in total) are reasonable and should be fully enforceable in view of the high level positions Employee has had with the Company, and the Company’s legitimate interests in protecting its Confidential Information and its goodwill and relationships. Employee specifically hereby acknowledges and confirms that Employee is willing and intends to, and will, abide fully by the terms of Section 12 13 of this Agreement. Employee further agrees that the Company would not have adequate protection if Employee were permitted to work in a Competitive Business in violation of the terms of this Agreement since the disclosure of Confidential Information is inevitable and the Company would be unable to verify whether its Confidential Information was being disclosed and/or misused. Employee further specifically acknowledges that the scope and term of this Section 12 13 would not preclude Employee from earning a living in an occupation or position with an entity that is not a Competitive Business.

Appears in 1 contract

Samples: Employment Agreement (Nuverra Environmental Solutions, Inc.)

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