Common use of Reasonableness of Restriction Clause in Contracts

Reasonableness of Restriction. (i) Executive acknowledges that the foregoing non-solicitation and non-competition restrictions placed upon Executive are necessary and reasonable, and that it has been made clear to Executive that Executive’s compliance with Section 5 of this Agreement is a material condition to the payments and benefits provided to Executive pursuant to Section 2 and Schedule 1 of this Agreement. Executive further acknowledges and agrees that, if Executive breaches any of the requirements of subsections (a), (b) and (c) of this Section 5, the restricted periods set forth therein shall be tolled during the time of such breach.

Appears in 4 contracts

Samples: Separation Agreement (Allscripts Healthcare Solutions, Inc.), Separation Agreement (Allscripts Healthcare Solutions, Inc.), Separation Agreement (Allscripts Healthcare Solutions, Inc.)

AutoNDA by SimpleDocs

Reasonableness of Restriction. (i) Executive acknowledges that the foregoing non-solicitation and solicitation, non-competition and standstill restrictions placed upon Executive are necessary and reasonable, and that it has been made clear to Executive that Executive’s compliance with Section 5 of this Agreement is a material condition to the payments and benefits provided to Executive pursuant to Section 2 and Schedule 1 of this Agreement. Executive further acknowledges and agrees that, if Executive breaches any of the requirements of subsections (a), (b) and (c) of this Section 5, the restricted periods set forth therein shall be tolled during the time of such breach.

Appears in 1 contract

Samples: Separation Agreement (Allscripts Healthcare Solutions, Inc.)

AutoNDA by SimpleDocs

Reasonableness of Restriction. (i) Executive acknowledges that the foregoing non-solicitation and non-competition restrictions placed upon Executive are necessary and reasonable, and that it has been made clear to Executive that Executive’s compliance with Section 5 9 of this Agreement is a material condition to the payments and benefits provided to Executive pursuant to Section 2 5 and Schedule 1 of this Agreement. Executive further acknowledges and agrees that, if Executive breaches any of the requirements of subsections (a), (b) and (c) of this Section 59, the restricted periods set forth therein shall be tolled during the time of such breach.

Appears in 1 contract

Samples: Separation Agreement (Allscripts Healthcare Solutions, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.