Common use of Restrictive Covenant Clause in Contracts

Restrictive Covenant. In the event the non-competition, non-solicitation clause or any other restrictive covenant of this Contract shall be deemed unenforceable, invalid or overbroad in whole or in part for any reason, then any arbitration panel or court of competent jurisdiction is hereby authorized, requested and instructed to reform such provision(s) to provide for the maximum competitive restraints upon Employee’s activities (in time and geographic area), which may then be legal and valid.

Appears in 11 contracts

Samples: Employment Contract (Babyuniverse, Inc.), Employment Contract (Babyuniverse, Inc.), Employment Contract (Babyuniverse, Inc.)

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Restrictive Covenant. In the event the non-competition, non-solicitation clause or any other restrictive covenant of this Contract shall be deemed unenforceable, invalid or overbroad in whole or in part for any reason, then any arbitration panel or court of competent jurisdiction is hereby authorized, requested and instructed to reform such provision(s) to provide for the maximum competitive restraints upon Employee’s 's activities (in time and geographic area), which may then be legal and valid.

Appears in 4 contracts

Samples: Employment Contract (Odimo INC), Employment Contract (Odimo INC), Employment Contract (Odimo INC)

Restrictive Covenant. In the event the non-competition, non-solicitation clause or any other restrictive covenant of this Contract Agreement shall be deemed unenforceable, invalid or overbroad in whole or in part for any reason, then any arbitration panel or court of competent jurisdiction is hereby authorized, requested and instructed to reform such provision(s) to provide for the maximum competitive restraints upon Employee’s activities (in time and geographic area), which may then be legal and valid.

Appears in 2 contracts

Samples: Employment Agreement (Advanced Viral Research Corp), Employment Agreement (Advanced Viral Research Corp)

Restrictive Covenant. In the event the non-competition, non-solicitation clause or any other restrictive covenant of this Contract Agreement shall be deemed unenforceable, invalid or overbroad in whole or in part for any reason, then any arbitration panel or court of competent jurisdiction is hereby authorized, requested and instructed to reform such provision(s) to provide for the maximum competitive restraints upon Employee’s activities (in time and geographic area), which may then be legal and valid.

Appears in 2 contracts

Samples: Employment Agreement (Advanced Viral Research Corp), Employment Agreement (Advanced Viral Research Corp)

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Restrictive Covenant. In the event the non-competition, non-solicitation clause or any other restrictive covenant of this Contract Agreement shall be deemed unenforceable, invalid or overbroad in whole or in part for any reason, then any arbitration panel or court of competent jurisdiction is hereby authorized, requested and instructed to reform such provision(s) to provide for the maximum competitive restraints upon Employee’s 's activities (in time and geographic area), which may then be legal and valid.

Appears in 1 contract

Samples: Employment Agreement (Odimo INC)

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