Limited Application of Sections 10 in Certain States. FIB acknowledges and agrees that, in certain states the covenants contained in Section 10 may have limited applicability. FIB intends for this Agreement to comply fully with state and local laws and, as such, acknowledges that Section 10 is limited in the following states; and, to the extent that there are additional limitations not acknowledged herein, FIB intends for Section 10 to be read and applied in full compliance with applicable state laws. Further, to the extent any state not listed limits enforceability of a covenant if the employee’s annual compensation is insufficient for enforceable post-employment non-competition restrictions, such limitation is incorporated by reference.
Appears in 6 contracts
Samples: Equity and Incentive Plan Performance Restricted Stock Unit Grant Agreement (First Interstate Bancsystem Inc), Equity and Incentive Plan Performance Restricted Stock Unit Grant Agreement (First Interstate Bancsystem Inc), Equity and Incentive Plan Performance Restricted Stock Unit Grant Agreement (First Interstate Bancsystem Inc)
