Common use of Acknowledgment Regarding Restrictions Clause in Contracts

Acknowledgment Regarding Restrictions. Employee recognizes and agrees that the restraints contained in Section 9.a. (both separately and in total) are reasonable and should be fully enforceable in view of the high-level positions Employee has had with the Company, the national and international nature of both the Company's business and competition in the shoe industry, and the Company's legitimate interests in protecting its Confidential Information and its customer goodwill and relationships. Employee specifically hereby acknowledges and confirms that he is willing and intends to, and will, abide fully by the terms of Section 9.a. of this Agreement. Employee further agrees that the Company would not have adequate protection if Employee were permitted to work for its competitors in violation of the terms of this Agreement since the Company would be unable to verify whether (i) its Confidential Information was being disclosed and/or misused, and (ii) Employee was involved in diverting or helping to divert the Company's customers and/or its customer goodwill.

Appears in 13 contracts

Samples: Severance Agreement (Brown Shoe Co Inc), Severance Agreement (Brown Shoe Co Inc/), Severance Agreement (Brown Shoe Co Inc/)

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Acknowledgment Regarding Restrictions. Employee recognizes and agrees that the restraints contained in Section 9.a10.a. (both separately and in total) are reasonable and should be fully enforceable in view of the high-level positions Employee has had with the Company, the national and international nature of both the Company's business and competition in the shoe industry, and the Company's legitimate interests in protecting its Confidential Information and its customer goodwill and relationships. Employee specifically hereby acknowledges and confirms that he is willing and intends to, and will, abide fully by the terms of Section 9.a10.a. of this Agreement. Employee further agrees that the Company would not have adequate protection if Employee were permitted to work for its competitors in violation of the terms of this Agreement since the Company would be unable to verify whether (i) its Confidential Information was being disclosed and/or misused, and (ii) Employee was involved in diverting or helping to divert the Company's customers and/or its customer goodwill.

Appears in 2 contracts

Samples: Severance Agreement (Brown Group Inc), Severance Agreement (Brown Group Inc)

Acknowledgment Regarding Restrictions. The Employee recognizes and agrees that the restraints contained in Section 9.a. 5 (both separately and in total) are reasonable and should be fully enforceable in view of the high-level positions the Employee has had with the Company, the national and international nature of both the Company's business and competition in the shoe financial and banking industry, and the Company's legitimate interests interest in protecting its Confidential Information and its customer client's goodwill and relationships. The Employee specifically hereby acknowledges and confirms that he is willing and intends to, and will, abide fully by the terms of Section 9.a5. of this Agreement. The Employee further agrees that the Company would not have adequate protection if the Employee were permitted to work for its competitors Competitors in violation of the terms of this Agreement since the Company would be unable to verify whether whether: (ia) its Confidential Information was is being disclosed and/or misused, and and (iib) the Employee was involved in diverting or helping to divert the Company's customers clients and/or its customer clients' goodwill.

Appears in 1 contract

Samples: Employment Agreement (West Pointe Bancorp Inc)

Acknowledgment Regarding Restrictions. Employee recognizes and agrees that the restraints contained in Section 9.a5.a. (both separately and in total) are reasonable and should be fully enforceable in view of the high-level positions Employee has had with the Company, the national and international nature of both the Company's business and competition in the shoe industry, and the Company's legitimate interests in protecting its Confidential Information and its customer Customer goodwill and relationships. Employee specifically hereby acknowledges and confirms that he is willing and intends to, and will, abide fully by the terms of Section 9.a5.a. of this Agreement. Employee further agrees that the Company would not have adequate protection if Employee were permitted to work for its competitors Competitors in violation of the terms of this Agreement since the Company would be unable to verify whether (i) its Confidential Information was being disclosed and/or misused, and (ii) Employee was involved in diverting or helping to divert the Company's customers Customers and/or its customer Customer goodwill.

Appears in 1 contract

Samples: Early Retirement Agreement (Brown Shoe Co Inc/)

Acknowledgment Regarding Restrictions. Employee Executive recognizes and agrees that the restraints contained in Section 9.a. 11.(a) (both separately and in total) are reasonable and should be fully enforceable in view of the high-level positions Employee Executive has had with the Company, the national and international nature of both the Company's business and competition in the shoe industry, and the Company's legitimate interests in protecting its Confidential Information and its customer Customer goodwill and relationships. Employee Executive specifically hereby acknowledges and confirms that he is willing and intends to, and will, abide fully by the terms of Section 9.a. 11.(a) of this Agreement. Employee Executive further agrees that the Company would not have adequate protection if Employee Executive were permitted to work for its competitors Competitors in violation of the terms of this Agreement since the Company would be unable to verify whether (i) its Confidential Information was being disclosed and/or misused, and (ii) Employee Executive was involved in diverting or helping to divert the Company's customers Customers and/or its customer Customer goodwill.

Appears in 1 contract

Samples: Early Retirement and Consulting Agreement (Brown Shoe Co Inc/)

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Acknowledgment Regarding Restrictions. Employee recognizes and agrees that the restraints contained in Section 9.a. (both separately and in total) are reasonable and should be fully enforceable in view of the high-level positions Employee has had with the Company, the national and international nature of both the Company's business and competition in the shoe industry, and the Company's legitimate interests in protecting its Confidential Information and its customer goodwill and relationships. Employee specifically hereby acknowledges and confirms that he she is willing and intends to, and will, abide fully by the terms of Section 9.a. of this Agreement. Employee further agrees that the Company would not have adequate protection if Employee were permitted to work for its competitors in violation of the terms of this Agreement since since, among other things, the Company would be unable to verify whether (i) its Confidential Information was being disclosed and/or misused, and (ii) Employee was involved in diverting or helping to divert the Company's customers and/or its customer goodwill.

Appears in 1 contract

Samples: Severance Agreement (Brown Shoe Co Inc)

Acknowledgment Regarding Restrictions. The Employee recognizes and agrees that the restraints contained in Section 9.a. 6 (both separately and in total) are reasonable and should be fully enforceable in view of the high-level positions the Employee has had with the Company, the national and international nature of both the Company's business and competition in the shoe financial and banking industry, and the Company's legitimate interests interest in protecting its Confidential Information and its customer client's goodwill and relationships. The Employee specifically hereby acknowledges and confirms that he is willing and intends to, and will, abide fully by the terms of Section 9.a6. of this Agreement. The Employee further agrees that the Company would not have adequate protection if the Employee were permitted to work for its competitors Competitors in violation of the terms of this Agreement since the Company would be unable to verify whether whether: (ia) its Confidential Information was is being disclosed and/or misused, and and (iib) the Employee was involved in diverting or helping to divert the Company's customers clients and/or its customer clients' goodwill.

Appears in 1 contract

Samples: Employment Agreement (West Pointe Bancorp Inc)

Acknowledgment Regarding Restrictions. Employee recognizes and agrees that the restraints contained in Section 9.a. (both separately and in total) are reasonable and should be fully enforceable in view of the high-level positions Employee will have and has had with the Company, the national and international nature of both the Company's business and competition in the shoe industry, and the Company's legitimate interests in protecting its Confidential Information and its customer goodwill and relationships. Employee specifically hereby acknowledges and confirms that he Employee is willing and intends to, and will, abide fully by the terms of Section 9.a. of this Agreement. Employee further agrees that the Company would not have adequate protection if Employee were permitted to work for its competitors in violation of the terms of this Agreement since since, among other things, the Company would would, among other things, be unable to verify whether (i) its Confidential Information was being disclosed and/or misused, and (ii) Employee was involved in diverting or helping to divert the Company's customers and/or its customer goodwill.

Appears in 1 contract

Samples: Severance Agreement (Sidney Rich Associates, Inc.)

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