Common use of Reasonable and Necessary Restrictions Clause in Contracts

Reasonable and Necessary Restrictions. The Executive acknowledges that the restrictions, prohibitions and other provisions set forth in this Agreement, including without limitation the provisions of Section 9 herein, are reasonable, fair and equitable in scope, terms and duration, are necessary to protect the legitimate business interests of the Company, and are a material inducement to the Company to enter into this Agreement. The Executive covenants that he or she will not challenge the enforceability of this Agreement nor will he or she raise any equitable defense to its enforcement.

Appears in 17 contracts

Samples: Change in Control Agreement (Rf Micro Devices Inc), Change in Control Agreement (Rf Micro Devices Inc), Change in Control Agreement (Rf Micro Devices Inc)

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Reasonable and Necessary Restrictions. The Executive acknowledges that the restrictions, prohibitions prohibitions, and other provisions set forth in this Agreement, including without limitation the provisions of Section 9 hereinRestricted Period and those set forth in Sections 7, 8, 9, and 10, are reasonable, fair and equitable in scope, terms terms, and duration, ; are necessary to protect the legitimate business interests of the Company, ; and are a material inducement to the Company to enter into this Agreement. The Executive covenants that he or she Executive will not challenge the enforceability of this Agreement nor will he or she Executive raise any equitable defense to its enforcement.

Appears in 3 contracts

Samples: Employment Agreement (Post Apartment Homes Lp), Employment Agreement (Post Apartment Homes Lp), Employment Agreement (Post Apartment Homes Lp)

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Reasonable and Necessary Restrictions. The Based on matters known by or disclosed to the Executive as of the effective date of this Agreement, the Executive acknowledges that the restrictions, prohibitions and other provisions set forth in this Agreement, including without limitation the provisions of Section 9 7 herein, are reasonable, fair and equitable in scope, terms and duration, are necessary to protect the legitimate business interests of the Company, and are a material inducement to the Company to enter into this Agreement. The Executive covenants that he or she will not challenge the enforceability of this Agreement nor will he or she raise any equitable defense to its enforcement.

Appears in 3 contracts

Samples: Change in Control Agreement (Evergreen Resources Inc), Change in Control Agreement (Evergreen Resources Inc), Change in Control Agreement (Evergreen Resources Inc)

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