Common use of Reasonableness of Restrictive Covenants Clause in Contracts

Reasonableness of Restrictive Covenants. Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 8 contracts

Samples: Employment Agreement (Vibe Records, Inc. Nevada), Employment Agreement (Ronco Corp), Employment Agreement (Universal Property Development & Acquisition Corp)

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Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 8.1, 8.2, 8.3 and 8.4 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 7 contracts

Samples: Control Employment Agreement, Control Employment Agreement (Baltimore Gas & Electric Co), Control Employment Agreement (Exelon Corp)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 8.1 and 8.2 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Russell Corp), Employment Agreement (Russell Corp), Employment Agreement (Russell Corp)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 8.1 and 8.2 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its ’s relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 4 contracts

Samples: Change of Control Employment Agreement (Allstate Corp), Control Employment Agreement (Allstate Corp), Control Employment Agreement (Allstate Corp)

Reasonableness of Restrictive Covenants. (i) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 11 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information Information, its reputation, and in its relationships with its employees, customers customers, and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Ventas Inc), Employment Agreement (Ventas Inc), Employment Agreement (Ventas Inc)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 9.1, 9.2 and 9.3 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Exelon Generation Co LLC), Employment Agreement (Exelon Corp), Employment Agreement (Commonwealth Edison Co)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 7.1, 7.2 and7.3 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers clients and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Financial Industries Corp), Employment Agreement (Financial Industries Corp), Employment Agreement (Financial Industries Corp)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 7.1, 7.2, 7.3 and 7.4 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its Companies' relationships with its their employees, customers clients and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company Companies would not have entered into this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Principal Financial Group Inc), Employment Agreement (Principal Financial Group Inc)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 8.1 and 8.2 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 2 contracts

Samples: Control Employment Agreement (Allstate Corp), Control Employment Agreement (Allstate Corp)

Reasonableness of Restrictive Covenants. (i) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 9 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information confidential Information, its reputation, and in its relationships with its employees, customers customers, and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Ventas Inc), Employment Agreement (Ventas Inc)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 8.1 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliersInformation. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (McDonalds Corp), McDonalds Corp

Reasonableness of Restrictive Covenants. i. The Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information Information, its reputation, and in its relationships with its employees, customers customers, and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Care Capital Properties, Inc.), Form of Employment Agreement (Care Capital Properties, Inc.)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 4, 5 and 6 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (McDonalds Corp), McDonalds Corp

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 9.1, 9.2, 9.3 and 9.4 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Commonwealth Edison Co)

Reasonableness of Restrictive Covenants. (1) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 9.1, 9.2 and 9.3 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company Unicom and ComEd would not have entered into this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Exelon Corp)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 8.1 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliersInformation. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 1 contract

Samples: Employment Agreement (McDonalds Corp)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 8.1 and 8.2 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants cove­nants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its ’s relationships with its employees, customers and suppliers. Executive further acknowledges acknowl­edges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 1 contract

Samples: Change of Control Employment Agreement (Allstate Corp)

Reasonableness of Restrictive Covenants. (i) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 9(a), 9(b) and 9(c) are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 1 contract

Samples: Separation Agreement (Commonwealth Edison Co)

Reasonableness of Restrictive Covenants. (d) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 8.1, 8.2, 8.3 and 8.4 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests of each of the Companies in its their respective Confidential Information and in its their relationships with its their employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 1 contract

Samples: Waiver and Release (Principal Financial Group Inc)

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Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 9.1, 9.2, 9.3 and 9.4 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests of each of the Companies in its their respective Confidential Information and in its their relationships with its their employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 1 contract

Samples: Control Employment Agreement (Principal Financial Group Inc)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 8.1 and 8.2 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers clients and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Financial Industries Corp)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 12.1, 12.2, 12.3, 12.4 and 12.5 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Exelon Corp)

Reasonableness of Restrictive Covenants. (i) The Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 9 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information Information, its reputation, and in its relationships with its employees, customers customers, and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ventas Inc)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 4, 5 and 6 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 1 contract

Samples: Employment Agreement (McDonalds Corp)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 8.1, 8.2, 8.3 and 8.4 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Principal Financial Group Inc)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 8.1 and 8.2 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 1 contract

Samples: Control Employment Agreement (Russell Corp)

Reasonableness of Restrictive Covenants. (i) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 9 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information Information, its reputation, and in its relationships with its employees, customers customers, and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ventas Inc)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 9.1, 9.2 and 9.3 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company Unicom Corporation and ComEd would not have entered into this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Commonwealth Edison Co)

Reasonableness of Restrictive Covenants. Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement. 8.

Appears in 1 contract

Samples: Employment Agreement        employment Agreement (Continental Fuels, Inc.)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 8.1, 8.2 and 8.3 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.

Appears in 1 contract

Samples: Agreement (Commonwealth Edison Co)

Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in the preceding subsections of this Section 8 Sections 7.1, 7.2, 7.3, 7.4 and 7.5 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its Companies’ relationships with its their employees, customers clients and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company Companies would not have entered into this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Principal Financial Group Inc)

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