Blue Pencil Rule Sample Clauses

Blue Pencil Rule. The Employee and the Company desire that the provisions of this Article IV be enforced to the fullest extent permissible under the laws and public policies applied in each jurisdiction in which enforcement is sought. The parties agree that Employee is a key executive of the Company. If a court of competent jurisdiction, however, determines that any restrictions imposed on the Employee in this Article IV are unreasonable or unenforceable because of duration, geographic area or otherwise, the Employee and Company agree and intend that the court shall enforce this Article IV to the maximum extent the court deems reasonable and that the court shall have the right to strike or change any provisions of this Article IV and substitute therefor different provisions to effect the intent of this Article IV to the maximum extent possible.

Blue Pencil Rule. You and the Company desire that the provisions of this Agreement be enforced to the fullest extent permissible under the laws and public policies applied in each jurisdiction in which enforcement is sought. The parties agree that you are a key executive of the Company. If a court of competent jurisdiction, however, determines that any restrictions imposed on you in this Agreement are unreasonable or unenforceable because of duration, geographic area or otherwise, you and Company agree and intend that the court shall enforce this Agreement to the maximum extent the court deems reasonable and that the court shall have the right to strike or change any provisions of this Agreement and substitute therefore different provisions to effect the intent of this Agreement to the maximum extent possible.

Blue Pencil Rule. The Employee and the Company desire that the provisions of this Article V be enforced to the fullest extent permissible under the laws and public policies applied in each jurisdiction in which enforcement is sought. The parties agree that Employee is an owner of the Company and that the non-competition covenant is given in connection with the organization of a business granting the Employee substantial rights pursuant to a certain Owners Agreement being executed contemporaneously with this Agreement. The parties further agree that the non-competition agreement is accordingly given in connection with the sale of a business and should be enforced as such. If a court of competent jurisdiction, however, determines that any restrictions imposed on the Employee in this Article V are unreasonable or unenforceable because of duration, geographic area or otherwise, the Employee and Company agree and intend that the court shall enforce this Article V to the maximum extent the court deems reasonable and that the court shall have the right to strike or change any provisions of this Article V and substitute therefore different provisions to effect the intent of this Article V to the maximum extent possible.

Blue Pencil Rule. It is essential that the provisions of Section 6 be enforced to the fullest extent permissible under the laws and public policies applied in each jurisdiction in which enforcement is sought. If a court of competent jurisdiction, however, determines that any restrictions imposed on you in Section 6 are unreasonable or unenforceable because of duration, geographic area or otherwise, you and the Company agree and intend that the court shall enforce Section 6 to the maximum extent the court deems reasonable and that the court shall have the right to strike or change any provisions of Section 6 and substitute therefore different provisions to effect the intent of Section 6 to the maximum extent possible.

Blue Pencil Rule. The Executive and the Company desire that the provisions of Articles 3 and 4 be enforced to the fullest extent permissible under the laws and public policies applied in each jurisdiction in which enforcement is sought. The parties agree that Executive is a key executive of the Company. If a court of competent jurisdiction, however, determines that any restrictions imposed on the Executive in Articles 3 or 4 are unreasonable or unenforceable because of duration, geographic area or otherwise, the Executive and Company agree and intend that the court shall enforce Articles 3 and 4, as the case may be, to the maximum extent the court deems reasonable and that the court shall have the right to strike or change any provisions of Articles 3 and 4 and substitute therefor different provisions to effect the intent of Articles 3 and 4 to the maximum extent possible.

Blue Pencil Rule. If, at any time of enforcement of this Section 7, a court of competent jurisdiction holds that the restrictions stated herein are unreasonable under circumstances then existing, the parties hereto agree that the maximum period, scope or geographical area reasonable under such circumstances shall be substituted for the stated period, scope or area and that such court shall be allowed to revise the restrictions contained herein to cover the maximum period, scope and area determined by such court to be permitted by law.