Common use of Covenants as to Confidential Information and Competitive Conduct Clause in Contracts

Covenants as to Confidential Information and Competitive Conduct. (a) The Executive hereby acknowledges and agrees as follows: this Section 6 is necessary for the protection of the legitimate business interests of the Company; the restrictions contained in this Section 6 with regard to geographical scope, length of term, and types of restricted activities are reasonable; the Executive has received adequate and valuable consideration for entering into this Agreement; and the Executive’s expertise and capabilities are such that his obligations hereunder and the enforcement hereof by injunction or otherwise will not adversely affect the Executive’s ability to earn a livelihood.

Appears in 2 contracts

Samples: Retention Agreement (Parkway Properties Inc), Transition Agreement (Parkway Properties Inc)

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Covenants as to Confidential Information and Competitive Conduct. (a) The Executive hereby acknowledges and agrees as follows: this Section 6 7 is necessary for the protection of the legitimate business interests of the Company; the restrictions contained in this Section 6 7 with regard to geographical scope, length of term, and types of restricted activities are reasonable; the Executive has received adequate and valuable consideration for entering into this Agreement; and the Executive’s expertise and capabilities are such that his obligations hereunder and the enforcement hereof by injunction or otherwise will not adversely affect the Executive’s ability to earn a livelihood.

Appears in 2 contracts

Samples: Executive Retention Agreement (Erie Indemnity Co), Executive Retention Agreement (Erie Indemnity Co)

Covenants as to Confidential Information and Competitive Conduct. (a) The Executive hereby acknowledges and agrees as follows: this Section 6 7 is necessary for the protection of the legitimate business interests of the Company; the restrictions contained in this Section 6 7 with regard to geographical scope, length of term, and types of restricted activities are reasonable; the Executive has received adequate and valuable consideration for entering into this Agreement; and the Executive’s 's expertise and capabilities are such that his obligations hereunder and the enforcement hereof by injunction or otherwise will not adversely affect the Executive’s 's ability to earn a livelihood.

Appears in 1 contract

Samples: Consulting Agreement (Parkway Properties Inc)

Covenants as to Confidential Information and Competitive Conduct. (a) The Executive hereby acknowledges and agrees as follows: this Section 6 is necessary for the protection of the legitimate business interests of the Company; the restrictions contained in this Section 6 with regard to geographical scope, length of term, term and types of restricted activities are reasonable; the Executive has received adequate and valuable consideration for entering into this Agreement; and the Executive’s expertise and capabilities are such that his obligations hereunder this obligation and the enforcement hereof of this obligation by injunction or otherwise will not adversely affect the Executive’s ability to earn a livelihood.

Appears in 1 contract

Samples: Employment Agreement (Erie Indemnity Co)

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Covenants as to Confidential Information and Competitive Conduct. (a) The Executive hereby acknowledges and agrees as follows: this Section 6 is necessary for the protection of the legitimate business interests of the Company; the restrictions contained in this Section 6 with regard to geographical scope, length of term, and types of restricted activities are reasonable; the Executive has received adequate and valuable consideration for entering into this Agreement; and the Executive’s expertise and capabilities are such that his her obligations hereunder and the enforcement hereof by injunction or otherwise will not adversely affect the Executive’s ability to earn a livelihood.

Appears in 1 contract

Samples: Retention Agreement (Parkway Properties Inc)

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