Reasonable Restraint. It is agreed by the parties hereto that the foregoing covenants in this Section 13 impose a reasonable restraint on the STOCKHOLDERS in light of the activities and business of URSI (including the subsidiaries thereof) on the date of the execution of this Agreement and the current plans of URSI; but it is also the intent of URSI and the STOCKHOLDERS that such covenants be construed and enforced in accordance with the changing activities and business of URSI (including the subsidiaries thereof) throughout the term of this covenant. It is further agreed by the parties hereto that, in the event that any STOCKHOLDER who has entered into an Employment Agreement shall thereafter cease to be employed thereunder, and such STOCKHOLDER shall enter into a business or pursue other activities not in competition with URSI and/or any subsidiary thereof, or similar activities or business in locations the operation of which, under such circumstances, does not violate clause (i) of this Section 13, and in any event such new business, activities or location are not in violation of this Section 13 or of such STOCKHOLDER's obligations under this Section 13, if any, such STOCKHOLDER shall not be chargeable with a violation of this Section 13 if URSI and/or any subsidiary thereof shall thereafter enter the same, similar or a competitive (i) business, (ii) course of activities or (iii) location, as applicable.
Reasonable Restraint. It is agreed by the parties that the foregoing covenants in this Agreement are necessary for the legitimate business interests of Employer and impose a reasonable restraint on Employee in light of the activities and business of Employer on the date of the execution of this Agreement.
Reasonable Restraint. The parties hereto each agree that Sections 10.01 and 10.02 impose a reasonable restraint on the Stockholders in light of the activities and business of Apple on the date hereof, the current business plans of Apple and the investment by each Stockholder in Apple as a result of the Merger.
Reasonable Restraint. It is agreed by the parties hereto that the foregoing covenants in this Section 13 impose a reasonable restraint on the STOCKHOLDERS in light of the activities and business of HOLDING (including the subsidiaries thereof) on the date of the execution of this Agreement and the current plans of HOLDING.
Reasonable Restraint. It is agreed by the parties hereto that the foregoing covenants in this Section impose a reasonable restraint on the Stockholder.
Reasonable Restraint. It is agreed by the parties hereto that the foregoing covenants in this Section 13 impose a reasonable restraint on the Stockholders in light of the activities and business of TCI and the Subsidiaries thereof on the date of the execution of this Agreement and the current plans of TCI and its Subsidiaries.
Reasonable Restraint. It is agreed by the parties hereto that the foregoing covenants in this Section 15 impose a reasonable restraint on the Stockholders in light of the activities and business of Parent (including the Subsidiaries thereof) on the date of the execution of this Agreement and the reasonably foreseeable plans of Parent.
Reasonable Restraint. The Parties each agree that Sections -------------------- 10.01 and 10.02 impose a reasonable restraint on the Stockholders in light of the activities and business of WORK on the date hereof, the current business plans of WORK and the investment by each Stockholder in WORK as a result of the Merger.
Reasonable Restraint. It is agreed by the parties hereto that the foregoing covenants in this Section 13 impose a reasonable restraint on the Stockholders in light of the activities and business of Pentacon and the subsidiaries thereof on the date of the execution of this Agreement and the current plans of Pentacon; but it is also the intent of Pentacon and the Stockholders that such covenants be construed and enforced in accordance with the changing activities; business and locations of Pentacon and its subsidiaries throughout the term of this covenant. During the term of this covenant, if Pentacon or one of its subsidiaries engages in new and different activities, enters a new business or establishes new locations for its current activities or business in addition to or other than the activities or business it is currently conducting in the locations currently established therefor, then the Stockholders will be precluded from soliciting the customers or employees of such new activities or business or from such new location and from directly competing with such new activities or business within 100 miles of its then-established operating location(s) through the term of this covenant.
Reasonable Restraint. 48 13.4 SEVERABILITY; REFORMATION.......................................48 13.5
