Common use of Fair and Reasonable Clause in Contracts

Fair and Reasonable. Executive has carefully read and considered the provisions of this Section 5 and, having done so, agrees that the restrictive covenants in this Section 5 impose a fair and reasonable restraint on Executive and are reasonably required to protect the interests of the Company, its Affiliates and their respective officers, directors, employees and stockholders. It is further agreed that the Company and Executive intend that such covenants be construed and enforced in accordance with the changing activities, business and locations of the Company throughout the term of these covenants.

Appears in 17 contracts

Samples: Executive Employment Agreement (CV Sciences, Inc.), Executive Employment Agreement (Star Scientific Inc), Executive Employment Agreement (CV Sciences, Inc.)

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Fair and Reasonable. Executive has carefully read and considered the provisions of this Section 5 and, having done so, agrees that the restrictive covenants in this Section 5 impose a fair and reasonable restraint on Executive and Executive, are reasonably required to protect the interests of the Company, its Affiliates and their respective officers, directors, employees and stockholdersstockholders and that the provisions would not unduly restrict his ability to make an adequate living following the termination of his employment with the Company. It is further agreed that the Company and Executive intend that such covenants be construed and enforced in accordance with the changing activities, business and locations of the Company throughout the term of these covenants.

Appears in 3 contracts

Samples: Executive Employment Agreement (Star Scientific Inc), Executive Employment Agreement (Star Scientific Inc), Executive Employment Agreement (Star Scientific Inc)

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Fair and Reasonable. Executive has carefully read and considered the ------------------- provisions of this Section 5 and, having done so, agrees that the restrictive covenants in this Section 5 impose a fair and reasonable restraint on Executive and Executive, are reasonably required to protect the interests of the Company, its Affiliates and their respective officers, directors, employees and stockholdersstockholders and that the provisions would not unduly restrict his ability to make an adequate living following the termination of his employment with the Company. It is further agreed that the Company and Executive intend that such covenants be construed and enforced in accordance with the changing activities, business and locations of the Company throughout the term of these covenants.

Appears in 1 contract

Samples: Employment Agreement (Star Scientific Inc)

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