Common use of Reasonableness of Restrictive Covenants Clause in Contracts

Reasonableness of Restrictive Covenants. The Executive agrees and acknowledges that to assure the Company that the Company Group will retain the value of its operations, it is necessary that the Executive abide by the restrictions set forth in this Agreement. The Executive further agrees that the promises made in this Agreement are reasonable and necessary for protection of the Company Group’s legitimate business interests including, but not limited to, protection of: the Confidential Information; client good will associated with the specific marketing and trade area in which the Company Group conducts its business; the Company Group’s substantial relationships with prospective and existing clients, suppliers, vendors, and referral sources; and a productive and competent and undisrupted workforce. The Executive agrees that the restrictive covenants in this Agreement will not prevent the Executive from earning a livelihood in the Executive’s chosen business, they do not impose an undue hardship on the Executive, and that they will not injure the public.

Appears in 16 contracts

Samples: Executive Employment Agreement (Trulieve Cannabis Corp.), Executive Employment Agreement (Trulieve Cannabis Corp.), Executive Employment Agreement (Trulieve Cannabis Corp.)

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Reasonableness of Restrictive Covenants. The Executive Employee agrees and acknowledges that to assure the Company that the Company Group will retain the value of its operations, it is necessary that the Executive Employee abide by the restrictions set forth in this Agreement. The Executive Employee further agrees that the promises made in this Agreement are reasonable and necessary for protection of the Company Group’s legitimate business interests including, but not limited to, protection of: the Confidential Information; client good will associated with the specific marketing and trade area in which the Company Group conducts its business; the Company Group’s substantial relationships with prospective and existing clients, suppliers, vendors, and referral sources; and a productive and competent and undisrupted workforce. The Executive Employee agrees that the restrictive covenants in this Agreement will not prevent the Executive Employee from earning a livelihood in the ExecutiveEmployee’s chosen business, they do not impose an undue hardship on the ExecutiveEmployee, and that they will not injure the public.

Appears in 4 contracts

Samples: Executive Employment Agreement (Greenlane Holdings, Inc.), Employment Agreement (Greenlane Holdings, Inc.), Executive Employment Agreement (Greenlane Holdings, Inc.)

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