Common use of Necessity and Reasonableness Clause in Contracts

Necessity and Reasonableness. Executive agrees that the restrictions set forth herein are necessary to prevent the use and disclosure of Sears Confidential Information and to otherwise protect the legitimate business interests of Sears and Sears Affiliates. Executive further agrees and acknowledges that the provisions of this Agreement are reasonable.

Appears in 21 contracts

Samples: Severance Agreement, Executive Severance Agreement, Special Incentive Award Agreement (Sears Holdings Corp)

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Necessity and Reasonableness. Executive agrees that the restrictions set forth herein are necessary to prevent the use and disclosure of Sears Confidential Information and to otherwise protect the legitimate business interests of Sears and Sears AffiliatesSears. Executive further agrees and acknowledges that the provisions of this Agreement are reasonable.

Appears in 6 contracts

Samples: Executive Severance Agreement, Executive Severance Agreement (Sears Holdings Corp), Executive Employment and Severance Agreement (Sears Holdings Corp)

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