Common use of Nature of Restrictions Clause in Contracts

Nature of Restrictions. Covenantor has carefully considered the nature and extent of the restrictions upon him and the rights and remedies conferred upon the Company under this Agreement, and hereby acknowledges and agrees that the same are reasonable in time and territory, are designed to eliminate competition which otherwise would be unfair to the Company, do not stifle the inherent skill and experience of Covenantor, would not operate as a bar to Covenantor’s sole means of support, are fully required to protect the legitimate interests of the Company and do not confer a benefit upon the Company disproportionate to the detriment to Covenantor.

Appears in 5 contracts

Samples: Non Competition Agreement (CPG Newco LLC), Non Competition Agreement (CPG Newco LLC), Employment Agreement (Pregis Holding II CORP)

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Nature of Restrictions. Covenantor has carefully considered the nature and extent of the restrictions upon him and the rights and remedies conferred upon the each Company under this Agreement, and hereby acknowledges and agrees that the same are reasonable in time and territory, are designed to eliminate competition which otherwise would be unfair to the any Company, do not stifle the inherent skill and experience of Covenantor, would not operate as a bar to Covenantor’s sole means of support, are fully required to protect the legitimate interests of the each Company and do not confer a benefit upon the any Company disproportionate to the detriment to Covenantor.

Appears in 2 contracts

Samples: Noncompetition Agreement (CPG International Inc.), Noncompetition Agreement (CPG International Inc.)

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Nature of Restrictions. The Covenantor has carefully considered the nature and extent of the restrictions upon him and the rights and remedies conferred upon the each Company under this Agreement, and hereby acknowledges and agrees that the same are reasonable in time and territory, are designed to eliminate competition which otherwise would be unfair to the any Company, do not stifle the inherent skill and experience of the Covenantor, would not operate as a bar to the Covenantor’s sole means of support, are fully required to protect the legitimate interests of the each Company and do not confer a benefit upon the any Company disproportionate to the detriment to the Covenantor.

Appears in 1 contract

Samples: Noncompetition Agreement (CPG International Inc.)

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