Common use of Restrictive Covenants Are Reasonable Clause in Contracts

Restrictive Covenants Are Reasonable. The market for the Company’s services and the Company’s Business is highly specialized and highly competitive such that other companies and business entities compete with the Company in various locations throughout the world. The provisions set forth in this Agreement: (i) are reasonably necessary to protect the Company’s legitimate business interests, (ii) are reasonable as to the time, territory, and scope of activities that are restricted, (iii) do not interfere with Employee’s ability to earn a comparable living or secure employment in the field of Employee’s choice, (iv) do not interfere and are not inconsistent with public policy or the public interest, and (v) are described with sufficient accuracy and definiteness to enable Employee to understand the scope of the restrictions on Employee.

Appears in 8 contracts

Samples: Employment Agreement (Charles & Colvard LTD), Executive Employment Agreement (LandStar, Inc.), Employment Agreement (Charles & Colvard LTD)

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