Common use of Business Opportunity Clause in Contracts

Business Opportunity. Employee represents and acknowledges that the foregoing restrictions will not prevent him from obtaining gainful employment in his field of expertise or cause him undue hardship; and that there are numerous other employment opportunities available to him that are not affected by the foregoing restrictions. Employee further acknowledges that the foregoing restrictions are reasonable and necessary, in order to protect the Company’s legitimate interests, and that any violation thereof would result in irreparable injury to the Company.

Appears in 3 contracts

Samples: Employment Agreement (Transgenomic Inc), Employment Agreement (Transgenomic Inc), Employment Agreement Extension (Transgenomic Inc)

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Business Opportunity. Employee represents and acknowledges that the foregoing restrictions will not prevent him from obtaining gainful employment in his field of expertise or cause him undue hardship; and that there are numerous other employment opportunities available to him that are not affected by the foregoing restrictions. Employee further acknowledges that the foregoing restrictions are reasonable and necessary, in order to protect the Company’s 's legitimate interests, and that any violation thereof would result in irreparable injury to the Company.

Appears in 3 contracts

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

Business Opportunity. Employee represents and acknowledges that the foregoing restrictions will not prevent him him/her from obtaining gainful employment in his his/her field of expertise or cause him him/her undue hardship; and that there are numerous other employment opportunities available to him him/her that are not affected by the foregoing restrictions. Employee further acknowledges that the foregoing restrictions are reasonable and necessary, in order to protect the Company’s legitimate interests, and that any violation thereof would result in irreparable injury to the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (NBC Acquisition Corp), Executive Employment Agreement (Nebraska Book Co)

Business Opportunity. Employee represents and acknowledges that the foregoing restrictions will not prevent him from obtaining gainful employment in his his/her field of expertise or cause him undue hardship; and that there are numerous other employment opportunities available to him him/her that are not affected by the foregoing restrictions. Employee further acknowledges that the foregoing restrictions are reasonable and necessary, in order to protect the Company’s 's legitimate interests, and that any violation thereof would result in irreparable injury to the Company.

Appears in 1 contract

Samples: Employment Agreement (Transgenomic Inc)

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Business Opportunity. Employee represents and acknowledges that the foregoing restrictions will not prevent him her from obtaining gainful employment in his her field of expertise or cause him her undue hardship; and that there are numerous other employment opportunities available to him her that are not affected by the foregoing restrictions. Employee further acknowledges that the foregoing restrictions are reasonable and necessary, in order to protect the Company’s 's legitimate interests, and that any violation thereof would result in irreparable injury to the Company.

Appears in 1 contract

Samples: Employment Agreement (Transgenomic Inc)

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