Necessary and Reasonable Sample Clauses

Necessary and Reasonable. Stockholder agrees that the covenants provided for in Section 4.4 hereof are necessary and reasonable in order to protect the Company in the conduct of its business, to protect the trade secrets and other proprietary information of the Company and to protect the Company in the utilization of the assets, tangible and intangible, including the goodwill of the Company.

Necessary and Reasonable. Each Member agrees that the covenants provided for in Section 5.2 hereof are necessary and reasonable in order to protect the Surviving Corporation in the conduct of its business, to protect the trade secrets and other proprietary information of the Surviving Corporation and to protect the Surviving Corporation in the utilization of the assets, tangible and intangible, including the goodwill of the Surviving Corporation.

Necessary and Reasonable. Allocable;

Necessary and Reasonable. G▇▇▇▇ ▇▇▇▇▇▇ and L▇▇▇▇▇▇ ▇▇▇▇▇▇ agree that the covenants provided for in Section 5.2 hereof are necessary and reasonable in order to protect the Company in the conduct of its business, to protect the trade secrets and other proprietary information of the Company and to protect the Company in the utilization of the assets, tangible and intangible, including the goodwill of the Company.

Necessary and Reasonable. The employee agrees that the covenants provided for in Sections 8.1 and 8.2, including the term and geographic area encompassed therein, are necessary and reasonable in order to protect the Company in the conduct of its business and to protect the Company in the utilization of the assets, tangible and intangible, including the goodwill of the Company.

Necessary and Reasonable. ▇▇▇▇▇▇ expressly acknowledges and agrees that the period and scope of the covenants in this Agreement, including his covenants in Section 2 above, are reasonable under the circumstances, including in view of the consideration ▇▇▇▇▇▇ has received or will receive under Purchase Agreement. ▇▇▇▇▇▇ also acknowledges and agrees that the provisions of Section 2 above will not interfere with his ability to earn a living or to otherwise meet his financial obligations. ▇▇▇▇▇▇ further acknowledges that he will receive material consideration to which he would otherwise not be entitled in the absence of agreeing to be bound by this Agreement, including Section 2 above, and that in completing the Asset Sale, the Company is relying upon ▇▇▇▇▇▇ satisfying his obligations under this Agreement.

Necessary and Reasonable. Company Parent agrees that the covenants provided for in Section 4.4 hereof are necessary and reasonable in order to protect the Company in the conduct of its business, to protect the trade secrets and other proprietary information of the Company and to protect the Company in the utilization of the assets, tangible and intangible, including the goodwill of the Company.