Restraint Area definition
Examples of Restraint Area in a sentence
The Grantee agrees and acknowledges that the Restraint Period, Restraint Area, activity and subject of the above-noted restrictive covenants imposed by this Agreement are fair, and reasonable and necessary under the circumstances and are reasonably required for the protection of the Company.
Each of the restraint obligations imposed by this clause 10 (which results from the combinations of Restraint Area, Restrained Business and Restraint Period) is a separate and independent obligation from the other restraint obligations imposed (although they are cumulative in effect).
If any of those restrictions or any part of them are held to be void, voidable or unenforceable for any reason then you agree that the offending clause, subclause or part will be severed, and the remainder of the clause will continue to apply to the maximum possible extent in terms of the Restraint Period, Restraint Area and nature of the conduct prescribed.
For the avoidance of doubt, the Parties hereby acknowledge and agree that the Buyer has a substantial and legitimate business interest throughout the Restraint Area.
The Participant (whether inadvertently, directly or indirectly), must not, during the Restraint Period and in the Restraint Area induce or solicit Data Republic’s Personnel (who were Personnel at the date of termination or expiry of this Agreement or within the 12 months prior), to leave their employment, agency or contractual arrangement with Data Republic.