Reasonableness of Covenants. Executive acknowledges and agrees that (A) the agreements and covenants contained in this Agreement are (i) reasonable and valid in geographical and temporal scope and in all other respects, and (ii) essential to protect the value of the Company’s business and assets, and (B) by his employment with the Company, Executive will obtain specialized and confidential knowledge, contacts, know-how, training and experience at significant expense to the Company and there is a substantial probability that such knowledge, know-how, contacts, training and experience could be used to the substantial advantage of a competitor of the Company and to the Company’s substantial detriment.
Appears in 12 contracts
Samples: Confidentiality and Noncompetition Agreement (Campus Crest Communities, Inc.), Confidentiality and Noncompetition Agreement (Campus Crest Communities, Inc.), Confidentiality and Noncompetition Agreement (Campus Crest Communities, Inc.)
Reasonableness of Covenants. Executive acknowledges and agrees that (A) the agreements and covenants contained in this Agreement are (i) reasonable and valid in geographical and temporal scope and in all other respects, and (ii) essential to protect the value of the Company’s business and assets, and (B) by his employment with the Company, Executive will obtain specialized and confidential knowledge, contacts, know-how, training and experience at significant expense to the Company and there is a substantial probability that such knowledge, know-how, contacts, training and experience could be used to the substantial advantage of a competitor of the Company and to the Company’s substantial detriment, and (C) the restrictive covenants and agreements in this Agreement are material consideration for the compensation and benefits provided to Executive under the Employment Agreement.
Appears in 3 contracts
Samples: Confidentiality and Noncompetition Agreement (Campus Crest Communities, Inc.), Confidentiality and Noncompetition Agreement (Campus Crest Communities, Inc.), Confidentiality and Noncompetition Agreement (Campus Crest Communities, Inc.)
Reasonableness of Covenants. Executive acknowledges and agrees that (A) the agreements and covenants contained in this Agreement are (i) reasonable and valid in geographical and temporal scope and in all other respects, and (ii) essential to protect the value of the Company’s business and assets, and (B) by his employment with the Company, Executive will obtain specialized and confidential knowledge, contacts, know-how, training and experience at significant expense to the Company and there is a substantial probability that such knowledge, know-how, contacts, training and experience could be used to the substantial advantage of a competitor of the Company and to the Company’s substantial detriment.
Appears in 2 contracts
Samples: Confidentiality and Noncompetition Agreement (American Campus Communities Inc), Confidentiality and Noncompetition Agreement (American Campus Communities Inc)
