Common use of Covenants as to Confidential Information and Competitive Conduct Clause in Contracts

Covenants as to Confidential Information and Competitive Conduct. The Executive hereby acknowledges and agrees as follows: (i) this Section 9 is necessary for the protection of the legitimate business interests of the Company, (ii) the restrictions contained in this Section 9 with regard to geographical scope, length of term and types of restricted activities are reasonable; (iii) the Executive has received adequate and valuable new consideration for entering into this Agreement, and (iv) the Executive’s expertise and capabilities are such that this obligation hereunder and the enforcement hereof by injunction or otherwise will not adversely affect the Executive’s ability to earn a livelihood.

Appears in 18 contracts

Samples: Employment Agreement (Erie Indemnity Co), Employment Agreement (Erie Family Life Insurance Co), Employment Agreement (Erie Indemnity Co)

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Covenants as to Confidential Information and Competitive Conduct. The Executive hereby acknowledges and agrees as follows: (i) this Section 9 is necessary for the protection of the legitimate business interests of the Company, (ii) the restrictions contained in this Section 9 with regard to geographical scope, length of term and types of restricted activities are reasonable; (iii) the Executive has received adequate and valuable new consideration for entering into this Agreement, and (iv) the Executive’s 's expertise and capabilities are such that this obligation hereunder and the enforcement hereof by injunction or otherwise will not adversely affect the Executive’s 's ability to earn a livelihood.

Appears in 13 contracts

Samples: Employment Agreement (Erie Family Life Insurance Co), Employment Agreement (Erie Indemnity Co), Employment Agreement (Erie Indemnity Co)

Covenants as to Confidential Information and Competitive Conduct. The Executive hereby acknowledges and agrees as follows: (ia) this Section 9 7 is necessary for the protection of the legitimate business interests of the Company, (iib) the restrictions contained in this Section 9 7 with regard to geographical scope, length of term and types of restricted activities are reasonable; (iiic) the Executive has received adequate and valuable new consideration for entering into this Agreement, and (ivd) the Executive’s expertise and capabilities are such that this obligation his obligations hereunder and the enforcement hereof by injunction or otherwise will not adversely affect the Executive’s ability to earn a livelihood.

Appears in 3 contracts

Samples: Severance Agreement (Erie Indemnity Co), Separation Agreement (Erie Indemnity Co), Post Employment Agreement (Erie Indemnity Co)

Covenants as to Confidential Information and Competitive Conduct. The Executive hereby acknowledges and agrees as follows: (i) this Section 9 is necessary for the protection of the legitimate business interests of the Company, (ii) the restrictions contained in this Section 9 with regard to geographical scope, length of term and types of restricted activities are reasonable; (iii) the Executive has received adequate and valuable new consideration for entering into this Agreement, and (iv) the Executive’s expertise and capabilities are such that this obligation hereunder and the enforcement hereof by injunction or otherwise will not adversely affect the Executive’s ability to earn a livelihood.. 66

Appears in 1 contract

Samples: Employment Agreement (Erie Family Life Insurance Co)

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Covenants as to Confidential Information and Competitive Conduct. The Executive hereby acknowledges and agrees as follows: (i) this Section 9 is necessary for the protection of the legitimate business interests of the Company, (ii) the restrictions contained in this Section 9 with regard to geographical scope, length of term and types of restricted activities are reasonableReasonable; (iii) the Executive has received adequate and valuable new consideration for entering into this Agreement, and (iv) the Executive’s 's expertise and capabilities are such that this obligation hereunder and the enforcement hereof of it by injunction or otherwise will not adversely affect the Executive’s 's ability to earn a livelihood.

Appears in 1 contract

Samples: Employment Agreement (Adams Golf Inc)

Covenants as to Confidential Information and Competitive Conduct. The Executive hereby acknowledges and agrees as follows: (ia) this Section 9 8 is necessary for the protection of the legitimate business interests of the Company, (iib) the restrictions contained in this Section 9 8 with regard to geographical scope, length of term and types of restricted activities are reasonable; (iiic) the Executive has received adequate and valuable new consideration for entering into this Agreement, and (ivd) the Executive’s expertise and capabilities are such that this obligation his obligations hereunder and the enforcement hereof by injunction or otherwise will not adversely affect the Executive’s ability to earn a livelihood.

Appears in 1 contract

Samples: Executive Retention Agreement (Erie Indemnity Co)

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