Common use of Divisibility of Covenant Period Clause in Contracts

Divisibility of Covenant Period. If any portion of the restrictive covenants contained herein is held to be unreasonable, arbitrary or against public policy, each covenant shall be considered divisible as to time, customer base and personnel, such that each month within the specified period shall be deemed a separate period of time, each customer shall be deemed a separate customer, resulting in an intended requirement that the duration of time and lesser time and largest lesser customer base and personnel base determined not to be unreasonable, arbitrary or against public policy shall remain effective and be specifically enforceable against the Seller.

Appears in 6 contracts

Samples: Asset Purchase Agreement (Resourcing Solutions Group Inc), Asset Purchase Agreement (Resourcing Solutions Group Inc), Asset Purchase Agreement (Resourcing Solutions Group Inc)

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Divisibility of Covenant Period. If any portion of the restrictive covenants contained herein is held to be unreasonable, arbitrary or against public policy, each covenant shall be considered divisible as to time, customer base and personnel, 12 such that each month within the specified period shall be deemed a separate period of time, each customer shall be deemed a separate customer, resulting in an intended requirement that the duration of time and lesser time and largest lesser customer base and personnel base determined not to be unreasonable, arbitrary or against public policy shall remain effective and be specifically enforceable against the Seller.

Appears in 1 contract

Samples: Stock Purchase Agreement

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