Common use of Reasonableness of Terms Clause in Contracts

Reasonableness of Terms. The restrictions imposed upon Executive under this Agreement are reasonable and necessary for the protection of the Company’s legitimate interests, including for the protection of the Company’s trade secrets and Confidential Information, particularly given that: (a) the Company is engaged in a highly competitive business; (b) Executive will have access to and will help develop Confidential Information; (c) the Company’s scope of operations and marketing activities are coextensive with the Restricted Geographic Area; (d) Executive will be privy to a substantial amount of the Confidential Information; and (e) Executive would be able to compete effectively against the Company from any location within the Restricted Geographic Area. The restrictions in this Agreement will not pose any substantial hardship on Executive and Executive will reasonably be able to earn a livelihood without violating any provision of this Agreement.

Appears in 18 contracts

Samples: Employment Agreement (Hhgregg, Inc.), Employment Agreement (Hhgregg, Inc.), Employment Agreement (Hhgregg, Inc.)

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Reasonableness of Terms. The restrictions imposed upon Executive under this Agreement are reasonable and necessary for the protection of the Company’s 's legitimate interests, including for the protection of the Company’s 's trade secrets and Confidential Information, particularly given that: (a) the Company is engaged in a highly competitive business; (b) Executive will have access to and will help develop Confidential Information; (c) the Company’s 's scope of operations and marketing activities are coextensive with the Restricted Geographic Area; (d) Executive will be privy to a substantial amount of the Confidential Information; and (e) Executive would be able to compete effectively against the Company from any location within the Restricted Geographic Area. The restrictions in this Agreement will not pose any substantial hardship on Executive and Executive will reasonably be able to earn a livelihood without violating any provision of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Hhgregg, Inc.)

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