Common use of Necessary Restrictions Clause in Contracts

Necessary Restrictions. The Employee acknowledges that the restrictions contained in Sections 4.3 and 4.4 are reasonable and necessary to protect the legitimate business interests of the Employer and that any violation thereof by him would result in irreparable harm to the Employer. Accordingly, the Employee agrees that upon the violation by him of any of the restrictions contained in Sections 4.3 or 4.4, the Employer shall be entitled to obtain from any court of competent jurisdiction a preliminary and permanent injunction as well as any other relief provided at law, equity, under this Agreement or otherwise. In the event any of the foregoing restrictions are adjudged unreasonable in any proceeding, then the parties agree that the period of time or the scope of such restrictions (or both) shall be adjusted to such a manner or for such a time (or both) as is adjudged to be reasonable.

Appears in 1 contract

Samples: Employment Agreement (Monarch Properties Inc)

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Necessary Restrictions. The Employee acknowledges that the restrictions contained in Sections Paragraphs 4.3 and 4.4 are reasonable and necessary to protect the legitimate business interests of the Employer Company and that any violation thereof by him would result in irreparable harm to the EmployerCompany. Accordingly, the Employee agrees that upon the violation by him his of any of the restrictions contained in Sections Paragraphs 4.3 or 4.4, the Employer Company shall be entitled to obtain from any court of competent jurisdiction a preliminary and permanent injunction as well as any other relief provided at law, equity, under this Agreement or otherwise. In the event any of the foregoing restrictions are adjudged unreasonable in any proceeding, then the parties agree that the period of time or the scope of such restrictions (or both) shall be adjusted to such a manner or for such a time (or both) as is adjudged to be reasonable.

Appears in 1 contract

Samples: Employment Agreement (Community Care of America Inc)

Necessary Restrictions. The Employee acknowledges that the restrictions contained in Sections Paragraphs 4.3 and 4.4 are reasonable and necessary to protect the legitimate business interests of the Employer and that any violation thereof by him her would result in irreparable harm to the Employer. Accordingly, the Employee agrees that upon the violation by him her of any of the restrictions contained in Sections Paragraphs 4.3 or 4.4, the Employer shall be entitled to obtain from any court of competent jurisdiction a preliminary and permanent injunction as well as any other relief provided at law, equity, under this Agreement or otherwise. In the event any of the foregoing restrictions are adjudged unreasonable in any proceeding, then the parties agree that the period of time or the scope of such restrictions (or both) shall be adjusted to such a manner or for such a time (or both) as is adjudged to be reasonable.

Appears in 1 contract

Samples: Employment Agreement (Integrated Health Services Inc)

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Necessary Restrictions. The Employee acknowledges that the restrictions contained in Sections Paragraphs 4.3 and 4.4 are reasonable and necessary to protect the legitimate business interests of the Employer and that any violation thereof by him would result in irreparable harm to the Employer. Accordingly, the Employee agrees that upon the violation by him of any of the restrictions contained in Sections Paragraphs 4.3 or 4.4, the Employer shall be entitled to obtain from any court of competent jurisdiction a preliminary and permanent injunction as well as any other relief provided at law, equity, under this Agreement or otherwise. In the event any of the foregoing restrictions are adjudged unreasonable in any proceeding, then the parties agree that the period of time or the scope of such restrictions (or both) shall be adjusted to such a manner or for such a time (or both) as is adjudged to be reasonable.

Appears in 1 contract

Samples: Employment Agreement (Integrated Health Services Inc)

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