Covenants are Reasonable Sample Clauses

Covenants are Reasonable. Executive acknowledges and agrees that: the covenants in this section are necessary and essential to protect the Company’s Confidential Information, Trade Secrets and the goodwill in its customers and Executives; the area, duration and scope of the covenants in this section are reasonable and necessary to protect the Company; they do not unduly oppress or restrict Executive’s ability to earn a livelihood in Executive’s chosen profession; they are not an undue restraint on Executive’s trade or any of the public interests that may be involved; good and valuable consideration exists for Executive’s agreement to be bound by such covenants; and the Company has a legitimate business purpose in requiring Executive to abide by the covenants set forth in this section.
AutoNDA by SimpleDocs
Covenants are Reasonable. You understand and agree that the covenants in this section are necessary and essential to protect Triumph’s Confidential Information and other legitimate Business interests, including the goodwill and relationships it has developed in its customers and employees; that the duration and scope of the covenants in this section are reasonable and necessary to protect Triumph; that they do not unduly oppress or restrict your ability to earn a livelihood in your chosen profession; that they are not an undue restraint on your trade or any of the public interests that may be involved; that good and valuable consideration exists for your agreement to be bound by such covenants; and that Triumph has a legitimate business purpose in requiring you to abide by the covenants set forth in this section.
Covenants are Reasonable. The Employee has and will have specific knowledge of the affairs of the Company and its business, including Confidential Information. Therefore, the Employee hereby acknowledges and agrees that all covenants, provisions and restrictions contained in this Article are reasonable, necessary and valid in the circumstances of this Agreement (including the time and geographic limitations) and all defences to the strict enforcement thereof by the Company or its affiliates are hereby waived. The Employee acknowledges and agrees that any breach by the Employee of the covenants, provisions and restrictions contained in this Article during the term of his/her employment shall constitute Cause for termination.
Covenants are Reasonable. I hereby acknowledge that the Corporation and I have agreed that all provisions in this Agreement are reasonable as between us in the context of my employment with the Corporation. I acknowledge and agree that all provisions in this Agreement are reasonable with reference to the public interest in free and open competition based upon the Parties’ knowledge of the market and the industry in which the Corporation is engaged. Specifically, I agree that any court of competent jurisdiction shall be ignoring the intention of the Parties and the Parties’ reasoned assessment of the reasonableness of such provisions with reference to the public interest in free and open competition should it find otherwise. I agree that my compliance with my obligations pursuant to this Agreement will not unduly restrict or curtail my legitimate efforts to earn a livelihood in my chosen area of endeavour following my employment with the Corporation.
Covenants are Reasonable. You acknowledge and agree that the covenants in this Agreement are necessary and essential to protect the Company’s Confidential Information, Trade Secrets and the goodwill in its customers and employees; the area, duration and scope of the covenants in this Agreement are reasonable and necessary to protect the Company; they do not unduly oppress or restrict your ability to earn a livelihood in your chosen profession; they are not an undue restraint on your trade or any of the public interests that may be involved; good and valuable consideration exists for your agreement to be bound by such covenants; and the Company has a legitimate business purpose in requiring you to abide by the covenants set forth in this Agreement.
Covenants are Reasonable. H&A and the Consultant acknowledge and agree that: (a) H&A and the Consultant have received good, adequate and valuable consideration for each of the covenants contained in this Agreement; and (b) each of these covenants is reasonable and necessary to protect and preserve the interests and properties of the Company. H&A and the Consultant also acknowledge and agree that: (a) irreparable loss and damage will be suffered by the Company should H&A or the Consultant breach any of these covenants and agreements; (b) each of these covenants and agreements is separate, distinct and severable from the remaining provisions of this Agreement; and (c) the unenforceability of any covenants or agreements shall not affect the validity or enforceability of any other provision or provisions of this Agreement. H&A and the Consultant acknowledge and agree that if any of these provisions shall ever be deemed to exceed the time, activity, or geographic limitations permitted by applicable law, then such provisions shall be and hereby are reformed to the maximum time, activity, or geographical limitations permitted by applicable law. This Agreement is made ancillary to the sale of the business described in the Purchase Agreement.
Covenants are Reasonable. The parties understand and agree that the covenants in this paragraph are necessary and essential to protect IDEX’s proprietary and confidential business information; that the area, duration and scope of the covenants in this paragraph are reasonable and necessary to protect IDEX; that they do not unduly oppress or restrict Employee’s ability to earn a livelihood in Employee’s chosen profession; that they are not an undue restraint on Employee’s trade or any of the public interests that may be involved; that good and valuable consideration exists for Employee’s agreement to be bound by such covenants; and that Employer or IDEX Entity has a legitimate business purpose in requiring Employee to abide by the covenants set forth in this paragraph.
AutoNDA by SimpleDocs
Covenants are Reasonable. Seller represents and agrees that Seller's experience, capabilities and circumstances are such that the provisions of this Agreement will not prevent Seller from earning a livelihood. Seller agrees that the limitations set forth in this Agreement (including without limitation the time and territorial limitations) are reasonable and properly required for the adequate protection of Buyer's business. In the event a court of competent jurisdiction finds that said limitations are not reasonable, the parties agree that the court shall be empowered to establish such limitations as such court shall find to be reasonable.
Covenants are Reasonable. The parties understand and agree that the covenants in this section are necessary and essential to protect BorgWarner’s proprietary and confidential business information and goodwill in its Customers and employees; that the area, duration and scope of the covenants in this section are reasonable and necessary to protect BorgWarner; that they do not unduly oppress or restrict Employee’s ability to earn a livelihood in Employee’s chosen profession; that they are not an undue restraint on Employee’s trade or any of the public interests that may be involved; that good and valuable consideration exists for Employee’s agreement to be bound by such covenants; and that BorgWarner has a legitimate business purpose in requiring Employee to abide by the covenants set forth in this section.
Covenants are Reasonable. Employee acknowledges and agrees that the covenants in this Agreement are necessary and essential to protect the Company’s Confidential Information, Trade Secrets and the goodwill in its customers and employees; the area, duration and scope of the covenants in this Agreement are reasonable and necessary to protect the Company; they do not unduly oppress or restrict Employee’s ability to earn a livelihood in Employee’s chosen profession; they are not an undue restraint on Employee’s trade or any of the public interests that may be involved; good and valuable consideration exists for Employee’s agreement to be bound by such covenants; and the Company has a legitimate business purpose in requiring Employee to abide by the covenants set forth in this Agreement.
Time is Money Join Law Insider Premium to draft better contracts faster.