EXTENSION OF NON-COMPETE TERM. The parties acknowledge that if Employee violates any of the protective covenants in this Article III and the Companies bring legal action for injunctive, damages or other relief hereunder, the Companies shall, as a result of the time involved in obtaining the relief, be deprived of the benefit of the full Non-Compete Term of these protective covenants. Accordingly, the length of time for which this covenant not to compete shall be in force shall not include any period of violation or any other period required for litigation during which the Companies seek to enforce this Article III.
Appears in 9 contracts
Samples: Employment Agreement (Kirby Corp), Employment Agreement (K-Sea Transportation Partners Lp), Employment Agreement (K-Sea Tranportation Partners Lp)
EXTENSION OF NON-COMPETE TERM. The parties acknowledge that if Employee violates any of the protective covenants in this Article III and the Companies bring Company brings legal action for injunctive, damages or other relief hereunder, the Companies Company shall, as a result of the time involved in obtaining the relief, be deprived of the benefit of the full Non-Compete Term of these protective covenants. Accordingly, the length of time for which this any such covenant not to compete shall be in force applicable shall not include be increased by any period of violation or any other period required for litigation during which the Companies seek Company seeks to enforce this Article III.
Appears in 4 contracts
Samples: Employment Agreement (New Century Transportation, Inc.), Employment Agreement (New Century Transportation, Inc.), Employment Agreement (New Century Transportation, Inc.)
