Common use of Provisions Reasonable Clause in Contracts

Provisions Reasonable. It is acknowledged and agreed that: (a) both before and since the Effective Date the Company has operated and competed and will operate and compete in a global market, with respect to the business of the Company set out in Schedule D attached hereto (the “Business”); (b) competitors of the Company and the Business are located in countries around the world; (c) in order to protect the Company adequately, any enjoinder of competition would have to apply world wide; (d) during the course of your employment by the Company, both before and after the Effective Date, on behalf of the Company, you have acquired and will acquire knowledge of, and you have come into contact with, initiated and established relationships with and will come into contact with, initiate and establish relationships with, both existing and new clients, customers, suppliers, principals, contacts and prospects of the Company, and that in some circumstances you have been or may well become the senior or sole representative of the Company dealing with such persons; and (e) in light of the foregoing, the provisions of Section 23 (Restrictive Covenant) below are reasonable and necessary for the proper protection of the business, property and goodwill of the Company and the Business.

Appears in 3 contracts

Samples: Executive Employment Agreement (Med BioGene Inc.), Executive Employment Agreement (Med BioGene Inc.), Executive Employment Agreement (Med BioGene Inc.)

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Provisions Reasonable. It is acknowledged and agreed that: (a) both before and since the Effective Date the Company Corporation has operated and competed and will operate and compete in a global market, with respect to the business of the Company Corporation set out in Schedule SCHEDULE D attached hereto (the “Business”"BUSINESS"); (b) competitors of the Company Corporation and the Business are located in countries around the world; (c) in order to protect the Company Corporation adequately, any enjoinder of competition would have to apply world wide; (d) during the course of your employment by the CompanyCorporation, both before and after the Effective Date, on behalf of the CompanyCorporation, you have acquired and will acquire knowledge of, and you have come into contact with, initiated and established relationships with and will come into contact with, initiate and establish relationships with, both existing and new clients, customers, suppliers, principals, contacts and prospects of the CompanyCorporation, and that in some circumstances you have been or may well become the senior or sole representative of the Company Corporation dealing with such persons; and (e) in light of the foregoing, the provisions of Section 23 (Restrictive Covenant) below are reasonable and necessary for the proper protection of the business, property and goodwill of the Company Corporation and the Business.

Appears in 2 contracts

Samples: Executive Employment Agreement (Aspreva Pharmaceuticals CORP), Executive Employment Agreement (Aspreva Pharmaceuticals CORP)

Provisions Reasonable. It is acknowledged and agreed that: (a) both before and since the Effective Date the Company Corporation has operated and competed and will operate and compete in a global market, with respect to the business of the Company Corporation set out in Schedule D C attached hereto (the “Business”); (b) competitors of the Company Corporation and the Business are located in countries around the world; (c) in order to protect the Company Corporation adequately, any enjoinder of competition would have to apply world wideworldwide; (d) during the course of your employment by the CompanyCorporation, both before and after the Effective Date, on behalf of the CompanyCorporation, you have acquired and will acquire knowledge of, and you have come into contact with, initiated and established relationships with and will come into contact with, initiate and establish relationships with, both existing and new clients, customers, suppliers, principals, contacts and prospects of the CompanyCorporation, and that in some circumstances you have been or may well become the senior or sole representative of the Company Corporation dealing with such persons; and (e) in light of the foregoing, the provisions of Section 23 22 (Restrictive Covenant) below are reasonable and necessary for the proper protection of the business, property and goodwill of the Company Corporation and the Business.

Appears in 2 contracts

Samples: Executive Employment Agreement (Aurinia Pharmaceuticals Inc.), Executive Employment Agreement (Aurinia Pharmaceuticals Inc.)

Provisions Reasonable. It is acknowledged and agreed that: (a) both before and since the Effective Date the Company Corporation has operated and competed and will operate and compete in a global market, with respect to the business of the Company Corporation set out in Schedule D C attached hereto (the “Business”); (b) competitors of the Company Corporation and the Business are located in countries around the world; (c) in order to protect the Company Corporation adequately, any enjoinder of competition would have to apply world wideworldwide; (d) during the course of your employment by the CompanyCorporation, both before and after the Effective Date, on behalf of the CompanyCorporation, you have acquired and will acquire knowledge of, and you have come into contact with, initiated and established relationships with and will come into contact with, initiate and establish relationships with, both existing and new clients, customers, suppliers, principals, contacts and prospects of the CompanyCorporation, and that in some circumstances you have been or may well become the senior or sole representative of the Company Corporation dealing with such persons; and (e) in light of the foregoing, the provisions of Section 23 (Restrictive Covenant) below are reasonable and necessary for the proper protection of the business, property and goodwill of the Company Corporation and the Business.. VAN01: 4889545: v3

Appears in 1 contract

Samples: Executive Employment Agreement (Aurinia Pharmaceuticals Inc.)

Provisions Reasonable. It is acknowledged and agreed that: (a) both before and since the Effective Date the Company Corporation has operated and competed and will operate and compete in a global market, with respect to the business of the Company Corporation set out in Schedule SCHEDULE D attached hereto (the “Business”"BUSINESS"); (b) competitors of the Company Corporation and the Business are located in countries around the world; (c) in order to protect the Company Corporation adequately, any enjoinder of competition would have to apply world wide; (d) during the course of your employment by the CompanyCorporation, both before and after the Effective Date, on behalf of the CompanyCorporation, you have acquired and will acquire knowledge of, and you have come into contact with, initiated and established relationships with and will come into contact with, initiate and establish relationships with, both existing and new clients, customers, suppliers, principals, contacts and prospects of the CompanyCorporation, and that in some circumstances you have been or may well become the senior or sole representative of the Company Corporation dealing with such persons; and (e) in light of the foregoing, the provisions of Section 23 24 (Restrictive Covenant) below are reasonable and necessary for the proper protection of the business, property and goodwill of the Company Corporation and the Business.

Appears in 1 contract

Samples: Executive Employment Agreement (Aspreva Pharmaceuticals CORP)

Provisions Reasonable. It is acknowledged and agreed that: (a) both before and since the Effective Date the Company Corporation has operated and competed and will operate and compete in a global market, with respect to the business of the Company Corporation set out in Schedule D attached hereto (the "Business"); (b) competitors of the Company Corporation and the Business are located in countries around the world; (c) in order to protect the Company Corporation adequately, any enjoinder of competition would have to apply world wide; (d) during the course of your employment by the CompanyCorporation, both before and after the Effective Date, on behalf of the CompanyCorporation, you have acquired and will acquire knowledge of, and you have come into contact with, initiated and established relationships with and will come into contact with, initiate and establish relationships with, both existing and new clients, customers, suppliers, principals, contacts and prospects of the CompanyCorporation, and that in some circumstances you have been or may well become the senior or sole representative of the Company Corporation dealing with such persons; and (e) in light of the foregoing, the provisions of Section 23 24 (Restrictive Covenant) below are reasonable and necessary for the proper protection of the business, property and goodwill of the Company Corporation and the Business.

Appears in 1 contract

Samples: Executive Employment Agreement (Aspreva Pharmaceuticals CORP)

Provisions Reasonable. It is acknowledged and agreed that: (a) both before and since the Effective Date Date, the Company Corporation has operated and competed and will operate and compete in a global market, with respect to the business of the Company Corporation set out in Schedule D E attached hereto (the “Business”); (b) competitors of the Company Corporation and the Business are located in countries around the world; (c) in order to protect the Company Corporation adequately, any enjoinder of competition would have to apply world wide; (d) during the course of your employment by the CompanyCorporation, both before and after the Effective Date, on behalf of the CompanyCorporation, you have acquired and will acquire knowledge of, and you have come into contact with, initiated and established relationships with and will come into contact with, initiate and establish relationships with, both existing and new clients, customers, suppliers, principals, contacts and prospects of the CompanyCorporation, and that in some circumstances you have been or may well become the senior or sole representative of the Company Corporation dealing with such persons; and (e) in light of the foregoing, the provisions of Section 23 26 (Restrictive Covenant) below are reasonable and necessary for the proper protection of the business, property and goodwill of the Company Corporation and the Business.

Appears in 1 contract

Samples: Employment Agreement (Aspreva Pharmaceuticals CORP)

Provisions Reasonable. It is acknowledged and agreed that: (a) both before and since the Effective Date the Company has operated and competed and will operate and compete in a global market, with respect to the business of the Company set out in Schedule D attached hereto (the “Business”); (b) competitors of the Company and the Business are located in countries around the world; (c) in order to protect the Company adequately, any enjoinder of competition would have to apply world wide; (d) during the course of your employment by the Company, both before and after the Effective Date, on behalf of the Company, you have acquired and will acquire knowledge of, and you have come into contact with, initiated and established relationships with and will come into contact with, initiate and establish relationships with, both existing and new clients, customers, suppliers, principals, contacts and prospects of the Company, and that in some circumstances you have been or may well become the senior or sole representative of the Company dealing with such persons; and (e) in light of the foregoing, the provisions of Section 23 24 (Restrictive Covenant) below are reasonable and necessary for the proper protection of the business, property and goodwill of the Company and the Business.

Appears in 1 contract

Samples: Executive Employment Agreement (Micrologix Biotech Inc)

Provisions Reasonable. It is acknowledged and agreed that: (a) both before and since the Effective Date Date, the Company has operated and competed and will operate and compete in a global market, with respect to the business of the Company set out in Schedule D B attached hereto (the “Business”); (b) competitors of the Company and the Business are located in countries around the world; (c) in order to protect the Company adequately, any enjoinder of competition would have to apply world wide; (d) during the course of your employment by the Company, both before and after the Effective Date, on behalf of the Company, you have acquired and will acquire knowledge of, and you have come into contact with, initiated and established relationships with and will come into contact with, initiate and establish relationships with, both existing and new clients, customers, suppliers, principals, contacts and prospects of the Company, and that in some circumstances you have been or may well become the senior or sole representative of the Company dealing with such persons; and (e) in light of the foregoing, the provisions of Section 23 22 (Restrictive Covenant) below are reasonable and necessary for the proper protection of the business, property and goodwill of the Company and the Business.

Appears in 1 contract

Samples: Executive Employment Agreement (Stockgroup Information Systems Inc)

Provisions Reasonable. It is acknowledged and agreed that: (ai) both before and since the Effective Start Date the Company has operated and competed and will operate and compete in a global market, with respect to the business of the Company set out in Schedule D attached hereto (the “Company’s Business”); (bii) competitors of the Company and the Business are located in countries around the world; (ciii) in order to protect the Company adequately, any enjoinder of competition would have to apply world world-wide;; February 2, 2011 Re: At Will Employment Agreement (div) during the course of your employment by the Company, both before and after the Effective Start Date, on behalf of the Company, you have acquired and will acquire knowledge of, and you have come into contact with, initiated and established relationships with and will come into contact with, initiate and establish relationships with, both existing and new clients, customers, suppliers, principals, contacts and prospects of the Company, and that in some circumstances you have been or may well become the senior or sole representative of the Company dealing with such persons; and (ev) in light of the foregoing, the provisions of Section 23 (Restrictive Covenant) below Paragraphs 6, 7 and 8 are reasonable and necessary for the proper protection of the business, property and goodwill of the Company and the Company’s Business.

Appears in 1 contract

Samples: At Will Employment Agreement (New Energy Technologies, Inc.)

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Provisions Reasonable. It is acknowledged and agreed that: (a) both before and since the Effective Date the Company Corporation has operated and competed and will operate and compete in a global market, with respect to the business of the Company Corporation set out in Schedule SCHEDULE D attached hereto (the “Business”"BUSINESS"); (b) competitors of the Company Corporation and the Business are located in countries around the world; (c) in order to protect the Company Corporation adequately, any enjoinder of competition would have to apply world wide; (d) during the course of your employment by the CompanyCorporation, both before and after the Effective Date, on behalf of the CompanyCorporation, you have acquired and will acquire knowledge of, and you have come into contact with, initiated and established relationships with and will come into contact with, initiate and establish relationships with, both existing and new clients, customers, suppliers, principals, contacts and prospects of the CompanyCorporation, and that in some circumstances you have been or may well become the senior or sole representative of the Company Corporation dealing with such persons; and (e) in light of the foregoing, the provisions of Section 23 26 (Restrictive Covenant) below are reasonable and necessary for the proper protection of the business, property and goodwill of the Company Corporation and the Business.

Appears in 1 contract

Samples: Executive Employment Agreement (Aspreva Pharmaceuticals CORP)

Provisions Reasonable. It is acknowledged and agreed that: (a) both before and since the Effective Date the Company Corporation has operated and competed and will operate and compete in a global market, with respect to the business of the Company Corporation set out in Schedule D C attached hereto (the “Business”); (b) competitors of the Company Corporation and the Business are located in countries around the world; (c) in order to protect the Company Corporation adequately, any enjoinder of competition would have to apply world wide; (d) during the course of your employment by the CompanyCorporation, both before and after the Effective Date, on behalf of the CompanyCorporation, you have acquired and will acquire knowledge of, and you have come into contact with, initiated and established relationships with and will come into contact with, initiate and establish relationships with, both existing and new clients, customers, suppliers, principals, contacts and prospects of the CompanyCorporation, and that in some circumstances you have been or may well become the senior or sole representative of the Company Corporation dealing with such persons; and (e) in light of the foregoing, the provisions of Section 23 (Restrictive Covenant) below are reasonable and necessary for the proper protection of the business, property and goodwill of the Company Corporation and the Business.

Appears in 1 contract

Samples: Employment Agreement (Aspreva Pharmaceuticals CORP)

Provisions Reasonable. It is acknowledged and agreed that: (a) both before and since the Effective Date Date. the Company Corporation has operated and competed and will operate and compete in a global market, with respect to the business of the Company Corporation set out in Schedule SCHEDULE D attached hereto (the “Business”"BUSINESS"); (b) competitors of the Company Corporation and the Business are located in countries around the world; (c) in order to protect the Company Corporation adequately, any enjoinder of competition would have to apply world wide; (d) during the course of your employment by the CompanyCorporation, both before and after the Effective Date, on behalf of the CompanyCorporation, you have acquired and will acquire knowledge of, and you have come into contact with, initiated and established relationships with and will come into contact with, initiate and establish relationships with, both existing and new clients, customers, suppliers, principals, contacts and prospects of the CompanyCorporation, and that in some circumstances you have been or may well become the senior or sole representative of the Company Corporation dealing with such persons; and (e) in light of the foregoing, the provisions of Section 23 26 (Restrictive Covenant) below are reasonable and necessary for the proper protection of the business, property and goodwill of the Company Corporation and the Business.

Appears in 1 contract

Samples: Executive Employment Agreement (Aspreva Pharmaceuticals CORP)

Provisions Reasonable. It is acknowledged and agreed that: (a) i. both before and since the Effective Start Date the Company has operated and competed and will operate and compete in a global market, with respect to the business of the Company set out in Schedule D attached hereto (the “Company’s Business”); (b) ii. competitors of the Company and the Business are located in countries around the world; (c) iii. in order to protect the Company adequately, any enjoinder of competition would have to apply world world-wide;; Xxxx Xxxxxx Re: Executive Employment Agreement (d) iv. during the course of your employment by the Company, both before and after the Effective Start Date, on behalf of the Company, you have acquired and will acquire knowledge of, and you have come into contact with, initiated and established relationships with and will come into contact with, initiate and establish relationships with, both existing and new clients, customers, suppliers, principals, contacts and prospects of the Company, and that in some circumstances you have been or may well become the senior or sole representative of the Company dealing with such persons; and (e) v. in light of the foregoing, the provisions of Section 23 (Restrictive Covenant) below Paragraphs 6, 7 and 8 are reasonable and necessary for the proper protection of the business, property and goodwill of the Company and the Company’s Business.

Appears in 1 contract

Samples: Executive Employment Agreement (Blink Technologies, Inc.)

Provisions Reasonable. It is acknowledged and agreed that:that 2010 NENE-Draft Employment Agreement—Xxxxx X.Xxxxxxxxx (ai) both before and since the Effective Start Date the Company has operated and competed and will operate and compete in a global market, with respect to the business of the Company set out in Schedule D attached hereto (the “Company's Business”); (bii) competitors of the Company and the Business are located in countries around the world; (ciii) in order to protect the Company adequately, any enjoinder of competition would have to apply world appy world-wide; (div) during the course of your employment by the Company, both before and after the Effective Start Date, on behalf of the Company, you have acquired and will acquire knowledge of, and you have come into contact with, initiated and established relationships with and will come into contact with, initiate and establish relationships with, both existing and new clients, customers, suppliers, principals, contacts and prospects of the Company, and that in some circumstances you have been or may well become the senior or sole representative of the Company dealing with such persons; and (ev) in light of the foregoing, the provisions of Section 23 (Restrictive Covenant) below Paragraphs 6, 7 and 8 are reasonable and necessary for the proper protection of the business, property and goodwill of the Company and the Company's Business.

Appears in 1 contract

Samples: Employment Agreement (New Energy Technologies, Inc.)

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