Common use of Blue Pencil Clause in Contracts

Blue Pencil. Executive has carefully read and considered the provisions of this Section 9 and, having done so, agrees that the restrictions set forth in such Section 9 are fair and reasonable and are reasonably required for the protection of the legitimate business interests of the Company. In the event that a court of competent jurisdiction shall determine that any of the foregoing restrictions are unenforceable, the Parties hereto agree that it is their desire that such court substitute an enforceable restriction in place of any restriction deemed unenforceable, and that the substitute restriction be deemed incorporated herein and enforceable against Executive. It is the intent of the Parties hereto that the court, in so determining any such enforceable substitute restriction, recognize that it is their intent that the foregoing restrictions be imposed and maintained to the greatest extent possible.

Appears in 42 contracts

Samples: Option Agreement (Bitech Technologies Corp), Employment Agreement (HeartCore Enterprises, Inc.), Executive Employ Agreement (BloomZ Inc.)

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Blue Pencil. Executive has carefully read and considered the provisions of this Section 9 8 and, having done so, agrees that the restrictions set forth in such Section 9 8 are fair and reasonable and are reasonably required for the protection of the legitimate business interests of the Company. In the event that a court of competent jurisdiction shall determine that any of the foregoing restrictions are unenforceable, the Parties hereto agree that it is their desire that such court substitute an enforceable restriction in place of any restriction deemed unenforceable, and that the substitute restriction be deemed incorporated herein and enforceable against Executive. It is the intent of the Parties hereto that the court, in so determining any such enforceable substitute restriction, recognize that it is their intent that the foregoing restrictions be imposed and maintained to the greatest extent possible.

Appears in 3 contracts

Samples: Employment Agreement (Sushi Ginza Onodera, Inc.), Employment Agreement (HeartCore Enterprises, Inc.), Employment Agreement (Hour Loop, Inc)

Blue Pencil. Executive has carefully read and considered the provisions of this Section 9 and, having done so, agrees that the restrictions set forth in such Section 9 are fair and reasonable and are reasonably required for the protection of the legitimate business interests of the CompanySollensys Entities. In the event that a court of competent jurisdiction shall determine that any of the foregoing restrictions are unenforceable, the Parties hereto agree that it is their desire that such court substitute an enforceable restriction in place of any restriction deemed unenforceable, and that the substitute restriction be deemed incorporated herein and enforceable against Executive. It is the intent of the Parties hereto that the court, in so determining any such enforceable substitute restriction, recognize that it is their intent that the foregoing restrictions be imposed and maintained to the greatest extent possible.

Appears in 2 contracts

Samples: Executive Employment Agreement (Sollensys Corp.), Executive Employment Agreement (Sollensys Corp.)

Blue Pencil. Executive has carefully read and considered the provisions of this Section 9 8 and, having done so, agrees that the restrictions set forth in such Section 9 8 are fair and reasonable and are reasonably required for the protection of the legitimate business interests of the Company. In the event that a court of competent jurisdiction shall determine that any of the foregoing restrictions are unenforceable, the Parties hereto agree that it is their desire that such court substitute an enforceable restriction in place of any restriction deemed unenforceable, and that the substitute restriction be deemed incorporated herein and enforceable against Executive. It is the intent of the Parties hereto that the court, in so determining any such enforceable substitute restriction, recognize recognizes that it is their intent that the foregoing restrictions be imposed and maintained to the greatest extent possible.

Appears in 1 contract

Samples: Executive Employment Agreement (Novo Integrated Sciences, Inc.)

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Blue Pencil. Executive has carefully read and considered the provisions of this Section 9 7 and, having done so, agrees that the restrictions set forth in such Section 9 7 are fair and reasonable and are reasonably required for the protection of the legitimate business interests of the Company. In the event that a court of competent jurisdiction shall determine that any of the foregoing restrictions are unenforceable, the Parties hereto agree that it is their desire that such court substitute an enforceable restriction in place of any restriction deemed unenforceable, and that the substitute restriction be deemed incorporated herein and enforceable against Executive. It is the intent of the Parties hereto that the court, in so determining any such enforceable substitute restriction, recognize that it is their intent that the foregoing restrictions be imposed and maintained to the greatest extent possible.

Appears in 1 contract

Samples: Executive Employment Agreement (Reliance Global Group, Inc.)

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