Common use of Reasonableness of Covenants Clause in Contracts

Reasonableness of Covenants. In signing this Agreement, the Executive gives the Company assurance that the Executive has carefully read and considered all of the terms and conditions of this Agreement, including the restraints imposed under this Section 10. The Executive agrees that these restraints are necessary for the reasonable and proper protection of the Company and the Company, the Subsidiary and any Affiliate’s trade secrets and confidential information and that each and every one of the restraints is reasonable in respect to subject matter, length of time and geographic area, and that these restraints, individually or in the aggregate, will not prevent the Executive from obtaining other suitable employment during the period in which the Executive is bound by the restraints. The Executive acknowledges that each of these covenants has a unique, very substantial, and immeasurable value to the Company and its Affiliates and that the Executive has sufficient assets and skills to provide a livelihood while such covenants remain in force. It is also agreed that the Affiliates will have the right to enforce all of the Executive’s obligations to such Affiliates under this Agreement, including without limitation pursuant to this Section 10.

Appears in 3 contracts

Samples: Employment Agreement (BRB Foods Inc.), Employment Agreement (BRB Foods Inc.), Employment Agreement (BRB Foods Inc.)

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Reasonableness of Covenants. In signing this Agreement, the Executive gives the Company assurance that the Executive has carefully read and considered all of the terms and conditions of this Agreement, including the restraints imposed under this Section 10. The Executive agrees that these restraints are necessary for the reasonable and proper protection of the Company and the Company, the Subsidiary Company and any Affiliate’s trade secrets and confidential information and that each and every one of the restraints is reasonable in respect to subject matter, length of time and geographic area, and that these restraints, individually or in the aggregate, will not prevent the Executive from obtaining other suitable employment during the period in which the Executive is bound by the restraints. The Executive acknowledges that each of these covenants has a unique, very substantial, substantial and immeasurable value to the Company and its Affiliates and that the Executive has sufficient assets and skills to provide a livelihood while such covenants remain in force. It is also agreed that the Affiliates will have the right to enforce all of the Executive’s obligations to such Affiliates under this Agreement, including without limitation pursuant to this Section 10.

Appears in 2 contracts

Samples: Employment Agreement (Trinseo S.A.), Employment Agreement (Trinseo S.A.)

Reasonableness of Covenants. In signing this Agreement, the Executive gives the Company Group assurance that the Executive has carefully read and considered all of the terms and conditions of this Agreement, including Agreement and the restraints imposed under this Section 10on the Executive’s conduct hereunder. The Executive agrees that these restraints are necessary for the reasonable and proper protection of the Company Group and the Company, the Subsidiary its affiliates and any Affiliate’s their trade secrets and confidential information and that each and every one of the restraints is reasonable in respect to subject matter, length of time and geographic area, and that these restraints, individually or in the aggregate, will not prevent the Executive from obtaining other suitable employment during the period in which the Executive is bound by the restraints. The Executive acknowledges that each of these covenants has a unique, very substantial, substantial and immeasurable value to the Company Group and its Affiliates affiliates and that the Executive has sufficient assets and skills to provide a livelihood while such covenants remain in force. The Executive further covenants that the Executive will not challenge the reasonableness or enforceability of any of the covenants set forth in this Agreement. It is also agreed that each of the Affiliates Company Group’s affiliates will have the right to enforce all of the Executive’s obligations to such Affiliates that affiliate under this Agreement, including without limitation pursuant to this Section 10.

Appears in 2 contracts

Samples: Executive Subscription and Securityholder’s Agreement (Styron Canada ULC), Executive Subscription and Securityholder’s Agreement (Trinseo S.A.)

Reasonableness of Covenants. In signing this Agreement, the Executive Execu­tive gives the Company assurance that the Executive has carefully read and considered all of the terms and conditions of this Agreement, including the restraints imposed under this Section 10. The Executive agrees that these restraints are necessary for the reasonable and proper protection of the Company and the Company, the Subsidiary Company and any Affiliate’s trade secrets and confidential information and that each and every one of the restraints is reasonable in respect to subject matter, length of time and geographic area, and that these restraints, individually or in the aggregate, will not prevent pre­vent the Executive from obtaining other suitable employment during the period in which the Executive is bound by the restraints. The Executive acknowledges that each of these covenants has a unique, very substantial, substantial and immeasurable value to the Company and its Affiliates and that the Executive has sufficient assets and skills to provide a livelihood while such covenants remain in force. It is also agreed that the Affiliates will have the right to enforce all of the Executive’s obligations to such Affiliates under this Agreement, including without limitation pursuant to this Section 10.

Appears in 2 contracts

Samples: Employment Agreement (Trinseo PLC), Employment Agreement (Trinseo PLC)

Reasonableness of Covenants. In signing this Agreement, the Executive gives the Company assurance that the Executive has carefully read and considered all of the terms and conditions of this Agreement, including the restraints imposed under this Section 1011. The Executive agrees that these restraints are necessary for the reasonable and proper protection of the Company and the Company, the Subsidiary its Affiliates and any Affiliate’s their trade secrets and confidential information and that each and every one of the restraints is reasonable in respect to subject matter, length of time and geographic area, and that these restraints, individually or in the aggregate, will not prevent the Executive from obtaining other suitable employment during the period in which the Executive is bound by the restraints. The Executive acknowledges that each of these covenants has a unique, very substantial, substantial and immeasurable value to the Company and its Affiliates and that the Executive has sufficient assets and skills to provide a livelihood while such covenants remain in force. It is also agreed that the Affiliates will have the right to enforce all of the Executive’s obligations to such Affiliates under this Agreement, including without limitation pursuant to this Section 1011.

Appears in 2 contracts

Samples: Employment Agreement (Trinseo S.A.), Employment Agreement (Trinseo S.A.)

Reasonableness of Covenants. In signing this Agreement, the Executive gives the Company assurance that the Executive has carefully read and considered all of the terms and conditions of this Agreement, including the restraints imposed under this Section 1011. The Executive agrees that these restraints are necessary for the reasonable and proper protection of the Company and the Company, the Subsidiary its affiliates and any Affiliate’s trade secrets and confidential information their Confidential Information and that each and every one of the restraints is reasonable in respect to of subject matter, length of time and geographic area, and that these restraints, individually or in the aggregate, will not prevent the Executive from obtaining other suitable employment during the period in which the Executive is bound by the restraints. The Executive acknowledges that each of these covenants has a unique, very substantial, and immeasurable value to the Company and its Affiliates and that the Executive has sufficient assets and skills to provide a livelihood while such will not challenge the reasonableness or enforceability of any of the covenants remain set forth in force. this Section 11 It is also agreed that each of the Affiliates Company’s affiliates will have the right to enforce all of the Executive’s obligations to such Affiliates that affiliate under this Agreement, including without limitation pursuant to this Section 1011.

Appears in 2 contracts

Samples: Employment Agreement (Andersons, Inc.), Employment Agreement (Andersons, Inc.)

Reasonableness of Covenants. In signing this Agreement, the Executive gives the Company assurance that the Executive has carefully read and considered all of the terms and conditions of this Agreement, including the restraints imposed under this Section 10. 10 The Executive agrees that these restraints are necessary for the reasonable and proper protection of the Company and the Company, the Subsidiary its affiliates and any Affiliate’s trade secrets and confidential information their Confidential Information and that each and every one of the restraints is reasonable in respect to of subject matter, length of time and geographic area, and that these restraints, individually or in the aggregate, will not prevent the Executive from obtaining other suitable employment during the period in which the Executive is bound by the restraints. The Executive acknowledges that each of these covenants has a unique, very substantial, and immeasurable value to the Company and its Affiliates and that the Executive has sufficient assets and skills to provide a livelihood while such will not challenge the reasonableness or enforceability of any of the covenants remain set forth in forcethis Section 10. It is also agreed that each of the Affiliates Company’s affiliates will have the right to enforce all of the Executive’s obligations to such Affiliates that affiliate under this Agreement, including without limitation pursuant to this Section 10.

Appears in 1 contract

Samples: Employment Agreement (Andersons, Inc.)

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Reasonableness of Covenants. In signing this Agreement, the Executive Execu­tive gives the Company assurance that the Executive has carefully read and considered all of the terms and conditions of this Agreement, including the restraints imposed under this Section 10. The Executive agrees that these restraints are necessary for the reasonable and proper protection of the Company and the Company, the Subsidiary Company and any Affiliate’s trade secrets and confidential information and that each and every one of the restraints is reasonable in respect to subject matter, length of time and geographic area, and that these restraints, individually or in the aggregate, will not prevent pre­vent the Executive from obtaining other suitable employment during the period in which the Executive is bound by the restraints. The Executive acknowledges that each of these covenants has a unique, very substantial, substantial and immeasurable value to the Company and its Affiliates and that the Executive has sufficient assets and skills to provide a livelihood while such covenants remain in force. It is also agreed that the Affiliates will have the right to enforce all of the Executive’s obligations to such Affiliates under this Agreement, including without limitation pursuant to this Section 10.. ​ 8 ​ ​ ​

Appears in 1 contract

Samples: Employment Agreement (Trinseo PLC)

Reasonableness of Covenants. In signing this Agreement, the Executive gives the Company assurance that the Executive has carefully read and considered all of the terms and conditions of this Agreement, including the restraints imposed under this Section 10. The Executive agrees that these restraints are necessary for the reasonable and proper protection of the Company and the Company, the Subsidiary its affiliates and any Affiliate’s trade secrets and confidential information their Confidential Information and that each and every one of the restraints is reasonable in respect to of subject matter, length of time and geographic area, and that these restraints, individually or in the aggregate, will not prevent the Executive from obtaining other suitable employment during the period in which the Executive is bound by the restraints. The Executive acknowledges that each of these covenants has a unique, very substantial, and immeasurable value to the Company and its Affiliates and that the Executive has sufficient assets and skills to provide a livelihood while such will not challenge the reasonableness or enforceability of any of the covenants remain set forth in forcethis Section 10. It is also agreed that each of the Affiliates Company's affiliates will have the right to enforce all of the Executive’s 's obligations to such Affiliates that affiliate under this Agreement, including without limitation pursuant to this Section 10.

Appears in 1 contract

Samples: Employment Agreement (Andersons, Inc.)

Reasonableness of Covenants. In signing this Agreement, the Executive gives the Company assurance that the Executive has carefully read and considered all of the terms and conditions of this Agreement, including the restraints imposed under this Section 10. The Executive agrees that these restraints are necessary for the reasonable and proper protection of the Company and the Company, the Subsidiary Company and any Affiliate’s trade secrets and confidential information and that each and every one of the restraints is reasonable in respect to subject matter, length of time and geographic area, and that these restraints, individually or in the aggregate, will not prevent the Executive from obtaining other suitable employment during the period in which the Executive is bound by the restraints. The Executive acknowledges that each of these covenants has a unique, very substantial, substantial and immeasurable value to the Company and its Affiliates and that the Executive has sufficient assets and skills to provide a livelihood while such covenants remain in force. It is also agreed that the Affiliates will have the right to enforce all of the Executive’s obligations to such Affiliates under this Agreement, including without limitation pursuant to this Section 10.Section10. ​

Appears in 1 contract

Samples: Employment Agreement (Trinseo S.A.)

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