Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 and 8.2 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement. (b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 and 8.2 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 5 contracts
Samples: Change of Control Employment Agreement (Russell Corp), Change of Control Employment Agreement (Russell Corp), Change of Control Employment Agreement (Russell Corp)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 8.1, 8.2, 8.3 and 8.2 8.4 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his Executive’s observance of the covenants contained in Sections 8.1 8.1, 8.2, 8.3 and 8.2 8.4 will not deprive him Executive of the ability to earn a livelihood or to support his or her dependents.
Appears in 4 contracts
Samples: Change in Control Employment Agreement (Baltimore Gas & Electric Co), Change in Control Employment Agreement (Exelon Corp), Change in Control Employment Agreement (Exelon Corp)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 and 8.2 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its ’s relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 and 8.2 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 4 contracts
Samples: Change of Control Employment Agreement (Allstate Corp), Change of Control Employment Agreement (Allstate Corp), Change of Control Employment Agreement (Allstate Corp)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 9.1, 9.2 and 8.2 9.3 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 9.1, 9.2 and 8.2 9.3 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 3 contracts
Samples: Employment Agreement (Commonwealth Edison Co), Employment Agreement (Exelon Generation Co LLC), Employment Agreement (Exelon Corp)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 and 8.2 7.1, 7.2 and7.3 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers clients and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 7.1, 7.2 and 8.2 7.3 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 3 contracts
Samples: Employment Agreement (Financial Industries Corp), Employment Agreement (Financial Industries Corp), Employment Agreement (Financial Industries Corp)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 and 8.2 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 and 8.2 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 2 contracts
Samples: Change of Control Employment Agreement (Allstate Corp), Change of Control Employment Agreement (Allstate Corp)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 8.1, 8.2, 8.3 and 8.2 8.4 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his her observance of the covenants contained in Sections 8.1 8.1, 8.2, 8.3 and 8.2 8.4 will not deprive him Executive of the ability to earn a livelihood or to support his her dependents.
Appears in 2 contracts
Samples: Change in Control Employment Agreement, Change in Control Employment Agreement (Exelon Corp)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 7.1, 7.2, 7.3 and 8.2 7.4 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its Companies' relationships with its their employees, customers clients and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company Companies would not have entered into this Agreement.
(b) The Company Companies and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 7.1, 7.2, 7.3 and 8.2 7.4 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 2 contracts
Samples: Employment Agreement (Principal Financial Group Inc), Employment Agreement (Principal Financial Group Inc)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 4, 5 and 8.2 6 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 and 8.2 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 2 contracts
Samples: Change of Control Employment Agreement (McDonalds Corp), Change of Control Employee Agreement (McDonalds Corp)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 9.1, 9.2 and 8.2 9.3 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company Unicom Corporation and ComEd would not have entered into this Agreement.
(b) The Company Unicom Corporation and ComEd and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 9.1, 9.2 and 8.2 9.3 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 1 contract
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 8.1, 8.2 and 8.2 8.3 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 8.1, 8.2 and 8.2 8.3 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 1 contract
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 and 8.2 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its ’s relationships with its employees, customers and suppliers. Executive further acknowledges acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges acknowledges that his observance of the covenants contained in Sections 8.1 and 8.2 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 1 contract
Samples: Change of Control Employment Agreement (Allstate Corp)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 4, 5 and 8.2 6 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 and 8.2 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 1 contract
Samples: Change of Control Employment Agreement (McDonalds Corp)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 8.1, 8.2, 8.3 and 8.2 8.4 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 8.1, 8.2, 8.3 and 8.2 8.4 will not deprive him Executive of the ability to earn a livelihood or to support his dependents.
Appears in 1 contract
Samples: Change in Control Employment Agreement (Exelon Corp)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 8.1, 8.2, 8.3 and 8.2 8.4 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 8.1, 8.2, 8.3 and 8.2 8.4 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 1 contract
Samples: Change of Control Employment Agreement (Principal Financial Group Inc)
Reasonableness of Restrictive Covenants. (ai) Executive acknowledges that the covenants contained in Sections 8.1 9(a), 9(b) and 8.2 9(c) are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(bii) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 9(a), 9(b) and 8.2 9(c) will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 1 contract
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 12.1, 12.2, 12.3, 12.4 and 8.2 12.5 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 12.1, 12.2, 12.3, 12.4 and 8.2 12.5 will not deprive him Executive of the ability to earn a livelihood or to support his dependents.
Appears in 1 contract
Samples: Employment Agreement (Exelon Corp)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 7.1, 7.2, 7.3, 7.4 and 8.2 7.5 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its Companies’ relationships with its their employees, customers clients and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company Companies would not have entered into this Agreement.
(b) The Company Companies and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 7.1, 7.2, 7.3, 7.4 and 8.2 7.5 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 1 contract
Samples: Employment Agreement (Principal Financial Group Inc)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 and 8.2 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's ’s legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 and 8.2 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 1 contract
Samples: Change of Control Employment Agreement (Russell Corp)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 9.1, 9.2, 9.3 and 8.2 9.4 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 9.1, 9.2, 9.3 and 8.2 9.4 will not deprive him Executive of the ability to earn a livelihood or to support his dependents.
Appears in 1 contract
Samples: Change in Control Employment Agreement (Commonwealth Edison Co)
Reasonableness of Restrictive Covenants. (a1) Executive acknowledges that the covenants contained in Sections 8.1 9.1, 9.2 and 8.2 9.3 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests in its Confidential Information and in its relationships with its employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company Unicom and ComEd would not have entered into this Agreement.
(b2) The Company Unicom and ComEd and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 9.1, 9.2 and 8.2 9.3 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 1 contract
Samples: Employment Agreement (Exelon Corp)
Reasonableness of Restrictive Covenants. (a) Executive acknowledges that the covenants contained in Sections 8.1 9.1, 9.2, 9.3 and 8.2 9.4 are reasonable in the scope of the activities restricted, the geographic area covered by the restrictions, and the duration of the restrictions, and that such covenants are reasonably necessary to protect the Company's legitimate interests of each of the Companies in its their respective Confidential Information and in its their relationships with its their employees, customers and suppliers. Executive further acknowledges such covenants are essential elements of this Agreement and that, but for such covenants, the Company would not have entered into this Agreement.
(b) The Company Each of the Companies and Executive have each consulted with their respective legal counsel and have been advised concerning the reasonableness and propriety of such covenants. Executive acknowledges that his observance of the covenants contained in Sections 8.1 9.1, 9.2, 9.3 and 8.2 9.4 will not deprive him of the ability to earn a livelihood or to support his dependents.
Appears in 1 contract
Samples: Change of Control Employment Agreement (Principal Financial Group Inc)