Common use of Reasonableness Clause in Contracts

Reasonableness. 8.8.1 Executive has carefully read and considered the provisions of this Article 8 and, having done so, acknowledges that he fully understands them, that he has had an opportunity to consult with counsel of Executive’s own choosing regarding the meaning and effect of such provisions, at Executive’s election, and he agrees that the restrictions and agreements set forth in this Article 8 are fair and reasonable and are reasonably required for the protection of the interests of the Bank Entities and their respective businesses, shareholders, directors, officers and employees. Executive agrees that the restrictions set forth in this Agreement will not impair or unreasonably restrain Executive’s ability to earn a livelihood. Executive further acknowledges that the Executive’s services have been and shall continue to be of special, unique and extraordinary value to the Bank. 8.8.2 If any court of competent jurisdiction should determine that the duration, geographical area or scope of any provision or restriction set forth in this Article 8 exceeds the maximum duration, geographic area or scope that is reasonable and enforceable under applicable law, the parties agree that said provision shall automatically be modified and shall be deemed to extend only over the maximum duration, geographical area and/or scope as to which such provision or restriction said court determines to be valid and enforceable under applicable law, which determination the parties direct the court to make, and the parties agree to be bound by, such modified provision or restriction.

Reasonableness. 8.8.1 8.7.1. Executive has carefully read and considered the provisions of this Article 8 and, having done so, acknowledges that he or she fully understands them, that he or she has had an opportunity to consult with counsel of Executive’s own choosing regarding the meaning and effect of such provisions, at Executive’s election, and he or she agrees that the restrictions and agreements set forth in this Article 8 are fair and reasonable and are reasonably required for the protection of the interests of the Bank Entities and their respective businesses, shareholders, directors, officers and employees. Executive agrees that the restrictions set forth in this Agreement will not impair or unreasonably restrain Executive’s ability to earn a livelihood. Executive further acknowledges that the Executive’s services have been and shall continue to be of special, unique and extraordinary value to the BankBank Entities. 8.8.2 8.7.2. If any court of competent jurisdiction should determine that the duration, geographical area or scope of any provision or restriction set forth in this Article 8 exceeds the maximum duration, geographic area or scope that is reasonable and enforceable under applicable law, the parties agree that said provision shall automatically be modified and shall be deemed to extend only over the maximum duration, geographical area and/or scope as to which such provision or restriction said court determines to be valid and enforceable under applicable law, which determination the parties direct the court to make, and the parties agree to be bound by, such modified provision or restriction.

Reasonableness. 8.8.1 Executive ▇▇▇▇ has carefully read and considered the provisions of this Article 8 and, having done so, acknowledges that he fully understands them, that he has had an opportunity to consult with counsel of Executive’s own choosing regarding the meaning and effect of such provisions, at Executive’s election, and he agrees that the restrictions and agreements set forth in this Article 8 are fair and reasonable and are reasonably required for the protection of the interests of the Bank Entities and their respective businesses, shareholders, directors, officers and employees. Executive ▇▇▇▇ further agrees that the restrictions set forth in this Agreement will not impair or unreasonably restrain Executive’s her ability to earn a livelihood. Executive further acknowledges that the Executive’s services have been and shall continue to be of special, unique and extraordinary value to the Bank. 8.8.2 If any court of competent jurisdiction should determine that the duration, geographical area or scope of any provision or restriction set forth in this Article 8 exceeds the maximum duration, geographic area or scope that is reasonable and enforceable under applicable law, the parties agree that said provision shall automatically be modified and shall be deemed to extend only over the maximum duration, geographical area and/or scope as to which such provision or restriction said court determines to be valid and enforceable under applicable law, which determination the parties direct the court to make, and the parties agree to be bound by, by such modified provision or restriction.

Reasonableness. 8.8.1 Executive ▇▇▇▇▇▇ has carefully read and considered the provisions of this Article 8 and, having done so, acknowledges that he fully understands them, that he has had an opportunity to consult with counsel of Executive’s own choosing regarding the meaning and effect of such provisions, at Executive’s election, and he agrees that the restrictions and agreements set forth in this Article 8 are fair and reasonable and are reasonably required for the protection of the interests of the Bank Entities and their respective businesses, shareholders, directors, officers and employees. Executive ▇▇▇▇▇▇ further agrees that the restrictions set forth in this Agreement will not impair or unreasonably restrain Executive’s his ability to earn a livelihood. Executive further acknowledges that the Executive’s services have been and shall continue to be of special, unique and extraordinary value to the Bank. 8.8.2 If any court of competent jurisdiction should determine that the duration, geographical area or scope of any provision or restriction set forth in this Article 8 exceeds the maximum duration, geographic area or scope that is reasonable and enforceable under applicable law, the parties agree that said provision shall automatically be modified and shall be deemed to extend only over the maximum duration, geographical area and/or scope as to which such provision or restriction said court determines to be valid and enforceable under applicable law, which determination the parties direct the court to make, and the parties agree to be bound by, by such modified provision or restriction.

Reasonableness. 8.8.1 8.7.1. Executive has carefully read and considered the provisions of this Article 8 and, having done so, acknowledges that he she fully understands them, that he she has had an opportunity to consult with counsel of Executive’s own choosing regarding the meaning and effect of such provisions, at Executive’s election, and he she agrees that the restrictions and agreements set forth in this Article 8 are fair and reasonable and are reasonably required for the protection of the interests of the Bank Entities and their respective businesses, shareholders, directors, officers and employees. Executive agrees that the restrictions set forth in this Agreement will not impair or unreasonably restrain Executive’s ability to earn a livelihood. Executive further acknowledges that the Executive’s services have been and shall continue to be of special, unique and extraordinary value to the BankBank Entities. 8.8.2 8.7.2. If any court of competent jurisdiction should determine that the duration, geographical area or scope of any provision or restriction set forth in this Article 8 exceeds the maximum duration, geographic area or scope that is reasonable and enforceable under applicable law, the parties agree that said provision shall automatically be modified and shall be deemed to extend only over the maximum duration, geographical area and/or scope as to which such provision or restriction said court determines to be valid and enforceable under applicable law, which determination the parties direct the court to make, and the parties agree to be bound by, such modified provision or restriction.

Reasonableness. 8.8.1 8.7.1 Executive has carefully read and considered the provisions of this Article 8 and, having done so, acknowledges that he fully understands them, that he has had an opportunity to consult with counsel of Executive’s own choosing regarding the meaning and effect of such provisions, at Executive’s election, and he agrees that the restrictions and agreements set forth in this Article 8 are fair and reasonable and are reasonably required for the protection of the interests of the Bank Entities and their respective businesses, shareholders, directors, officers and employeesEntities. Executive further agrees that the restrictions set forth in this Agreement will not impair or unreasonably restrain Executive’s his ability to earn a livelihood. Executive further acknowledges that the Executive’s services have been and shall continue to be of special, unique and extraordinary value to the Bank. 8.8.2 8.7.2 If any court of competent jurisdiction should determine that the duration, geographical area or scope of any provision or restriction set forth in this Article 8 exceeds the maximum duration, geographic geographical area or scope that is reasonable and enforceable under applicable law, the parties agree that said provision shall automatically be modified and shall be deemed to extend only over the maximum duration, geographical area and/or scope as to which such provision or restriction said court determines to be valid and enforceable under applicable law, which determination the parties direct the court to make, and the parties agree to be bound by, by such modified provision or restriction.

Reasonableness. 8.8.1 8.7.1. Executive has carefully read and considered the provisions of this Article 8 and, having done so, acknowledges that he fully understands them, that he has had an opportunity to consult with counsel of Executive’s own choosing regarding the meaning and effect of such provisions, at Executive’s election, and he agrees that the restrictions and agreements set forth in this Article 8 are fair and reasonable and are reasonably required for the protection of the interests of the Bank Entities and their respective businesses, shareholders, directors, officers and employees. Executive agrees that the restrictions set forth in this Agreement will not impair or unreasonably restrain Executive’s ability to earn a livelihood. Executive further acknowledges that the Executive’s services have been and shall continue to be of special, unique and extraordinary value to the BankBank Entities. 8.8.2 8.7.2. If any court of competent jurisdiction should determine that the duration, geographical area or scope of any provision or restriction set forth in this Article 8 exceeds the maximum duration, geographic area or scope that is reasonable and enforceable under applicable law, the parties agree that said provision shall automatically be modified and shall be deemed to extend only over the maximum duration, geographical area and/or scope as to which such provision or restriction said court determines to be valid and enforceable under applicable law, which determination the parties direct the court to make, and the parties agree to be bound by, such modified provision or restriction.

Reasonableness. 8.8.1 8.7.1. Executive has carefully read and considered the provisions of this Article 8 Agreement and, having done so, acknowledges that he Executive fully understands them, that he Executive has had an opportunity to consult with counsel of Executive’s own choosing regarding the meaning and effect of such provisions, at Executive’s election, and he Executive agrees that the restrictions and agreements set forth in this Article 8 Agreement are fair and reasonable and are reasonably required for the protection of the interests of the Bank Entities and their respective businesses, shareholders, directors, officers and employees. Executive agrees that the restrictions set forth in this Agreement are independent and divisible and will not impair or unreasonably restrain Executive’s ability to earn a livelihood. Executive further acknowledges that the Executive’s services have been and shall continue to be of special, unique and extraordinary value to the BankBank Entities. 8.8.2 8.7.2. If any court of competent jurisdiction should determine that the duration, geographical area or scope of any provision or restriction set forth in this Article 8 exceeds the maximum duration, geographic area or scope that is reasonable and enforceable under applicable law, the parties agree that said provision shall automatically be modified and shall be deemed to extend only over the maximum duration, geographical area and/or scope as to which such provision or restriction said court determines to be valid and enforceable under applicable law, which determination the parties direct the court to make, and the parties agree to be bound by, such modified provision or restriction.

Reasonableness. 8.8.1 Executive has carefully read and considered the provisions of this Article 8 Agreement and, having done so, acknowledges that he Executive fully understands them, that he Executive has had an opportunity to consult with counsel of Executive’s own choosing regarding the meaning and effect of such provisions, at Executive’s election, and he Executive agrees that the restrictions and agreements set forth in this Article 8 Agreement are fair and reasonable and are reasonably required for the protection of the interests of the Bank Entities and their respective businesses, shareholders, directors, officers and employees. Executive agrees that the restrictions set forth in this Agreement are independent and divisible and will not impair or unreasonably restrain Executive’s ability to earn a livelihood. Executive further acknowledges that the Executive’s services have been and shall continue to be of special, unique and extraordinary value to the BankBank Entities. 8.8.2 If any court of competent jurisdiction should determine that the duration, geographical area or scope of any provision or restriction set forth in this Article 8 exceeds the maximum duration, geographic area or scope that is reasonable and enforceable under applicable law, the parties agree that said provision shall automatically be modified and shall be deemed to extend only over the maximum duration, geographical area and/or scope as to which such provision or restriction said court determines to be valid and enforceable under applicable law, which determination the parties direct the court to make, and the parties agree to be bound by, such modified provision or restriction.

Reasonableness. 8.8.1 8.8.1. Executive has carefully read and considered the provisions of this Article 8 Agreement and, having done so, acknowledges that he Executive fully understands them, that he Executive has had an opportunity to consult with counsel of Executive’s own choosing regarding the meaning and effect of such provisions, at Executive’s election, and he Executive agrees that the restrictions and agreements set forth in this Article 8 Agreement are fair and reasonable and are reasonably required for the protection of the interests of the Bank Entities and their respective businesses, shareholders, directors, officers and employees. Executive agrees that the restrictions set forth in this Agreement are independent and divisible and will not impair or unreasonably restrain Executive’s ability to earn a livelihood. Executive further acknowledges that the Executive’s services have been and shall continue to be of special, unique and extraordinary value to the BankBank Entities. 8.8.2 8.8.2. If any court of competent jurisdiction should determine that the duration, geographical area or scope of any provision or restriction set forth in this Article 8 exceeds the maximum duration, geographic area or scope that is reasonable and enforceable under applicable law, the parties agree that said provision shall automatically be modified and shall be deemed to extend only over the maximum duration, geographical area and/or scope as to which such provision or restriction said court determines to be valid and enforceable under applicable law, which determination the parties direct the court to make, and the parties agree to be bound by, such modified provision or restriction.

Reasonableness. 8.8.1 Executive 8.7.1 Pozez has carefully read and considered the provisions of this Article 8 and, having done so, acknowledges that he fully understands them, that he has had an the opportunity to consult with counsel of Executive’s his own choosing regarding the meaning and effect of such provisions, provisions at Executive’s his election, and he agrees that the restrictions and agreements set forth in this Article 8 are fair and reasonable and are reasonably required for the protection of the interests of the Bank Entities and their respective businesses, shareholders, directors, officers and employees. Executive Pozez further agrees that the restrictions set forth in this Agreement will not impair or unreasonably restrain Executive’s his ability to earn a livelihood. Executive Pozez further acknowledges that the Executive’s his services have as a Director has been and shall continue to be of special, unique and extraordinary value to the Bank. 8.8.2 8.7.2 If any court of competent jurisdiction should determine that the duration, geographical area or scope of any provision or restriction set forth in this Article 8 exceeds the maximum duration, geographic area or scope that is reasonable and enforceable under applicable law, the parties agree that said provision shall automatically be modified and shall be deemed to extend only over the maximum duration, geographical area and/or scope as to which such provision or restriction said court determines to be valid and enforceable under applicable law, which determination the parties direct the court to make, and the parties agree to be bound by, by such modified provision or restriction.

Reasonableness. 8.8.1 Executive ▇▇▇▇▇▇ has carefully read and considered the provisions of this Article 8 and, having done so, acknowledges that he fully understands them, that he has had an opportunity to consult with counsel of Executive’s own choosing regarding the meaning and effect of such provisions, at Executive’s election, and he agrees that the restrictions and agreements set forth in this Article 8 are fair and reasonable and are reasonably required for the protection of the interests of the Bank Entities and their respective businessesits business, shareholders, directors, officers and employees. Executive ▇▇▇▇▇▇ further agrees that the restrictions set forth in this Agreement will not impair or unreasonably restrain Executive’s his ability to earn a livelihood. Executive further acknowledges that the Executive’s services have been and shall continue to be of special, unique and extraordinary value to the Bank. 8.8.2 If any court of competent jurisdiction should determine that the duration, geographical area or scope of any provision or restriction set forth in this Article 8 exceeds the maximum duration, geographic area or scope that is reasonable and enforceable under applicable law, the parties agree that said provision shall automatically be modified and shall be deemed to extend only over the maximum duration, geographical area and/or scope as to which such provision or restriction said court determines to be valid and enforceable under applicable law, which determination the parties direct the court to make, and the parties agree to be bound by, by such modified provision or restriction.

Reasonableness. 8.8.1 i... Executive has carefully read and considered the provisions of this Article 8 and, having done so, acknowledges that he fully understands them, that he has had an opportunity to consult with counsel of Executive’s own choosing regarding the meaning and effect of such provisions, at Executive’s election, and he agrees that the restrictions and agreements set forth in this Article 8 are fair and reasonable and are reasonably required for the protection of the interests of the Bank Entities and their respective businesses, shareholders, directors, officers and employees. Executive agrees that the restrictions set forth in this Agreement will not impair or unreasonably restrain Executive’s ability to earn a livelihood. Executive further acknowledges that the Executive’s services have been and shall continue to be of special, unique and extraordinary value to the BankBank Entities. 8.8.2 ii... If any court of competent jurisdiction should determine that the duration, geographical area or scope of any provision or restriction set forth in this Article 8 exceeds the maximum duration, geographic area or scope that is reasonable and enforceable under applicable law, the parties agree that said provision shall automatically be modified and shall be deemed to extend only over the maximum duration, geographical area and/or scope as to which such provision or restriction said court determines to be valid and enforceable under applicable law, which determination the parties direct the court to make, and the parties agree to be bound by, such modified provision or restriction.

Reasonableness. 8.8.1 8.7.1 The Executive has carefully read and considered the provisions of this Article 8 and, having done so, acknowledges that he fully understands them, that he has had an opportunity to consult with counsel of Executive’s own choosing regarding the meaning and effect of such provisions, at Executive’s election, and he agrees that the restrictions and agreements set forth in this Article 8 are fair and reasonable and are reasonably required for the protection of the interests of the Bank Entities and their respective businesses, shareholders, directors, officers and employeesEntities. The Executive further agrees that the restrictions set forth in this Agreement will not impair or unreasonably restrain Executive’s his ability to earn a livelihood. Executive further acknowledges that the Executive’s services have been and shall continue to be of special, unique and extraordinary value to the Bank. 8.8.2 8.7.2 If any court of competent jurisdiction should determine that the duration, geographical area or scope of any provision or restriction set forth in this Article 8 exceeds the maximum duration, geographic geographical area or scope that is reasonable and enforceable under applicable law, the parties agree that said provision shall automatically be modified and shall be deemed to extend only over the maximum duration, geographical area and/or scope as to which such provision or restriction said court determines to be valid and enforceable under applicable law, which determination the parties direct the court to make, and the parties agree to be bound by, by such modified provision or restriction.

Reasonableness. 8.8.1 Executive 8.7.1 ▇▇▇▇▇▇▇ has carefully read and considered the provisions of this Article 8 and, having done so, acknowledges that he fully understands them, that he has had an the opportunity to consult with counsel of Executive’s his own choosing regarding the meaning and effect of such provisions, provisions at Executive’s his election, and he agrees that the restrictions and agreements set forth in this Article 8 are fair and reasonable and are reasonably required for the protection of the interests of the Bank Entities and their respective businesses, shareholders, directors, officers and employees. Executive ▇▇▇▇▇▇▇ further agrees that the restrictions set forth in this Agreement will not impair or unreasonably restrain Executive’s his ability to earn a livelihood. Executive ▇▇▇▇▇▇▇ further acknowledges that the Executive’s his services have as a Director has been and shall continue to be of special, unique and extraordinary value to the Bank. 8.8.2 8.7.2 If any court of competent jurisdiction should determine that the duration, geographical area or scope of any provision or restriction set forth in this Article 8 exceeds the maximum duration, geographic area or scope that is reasonable and enforceable under applicable law, the parties agree that said provision shall automatically be modified and shall be deemed to extend only over the maximum duration, geographical area and/or scope as to which such provision or restriction said court determines to be valid and enforceable under applicable law, which determination the parties direct the court to make, and the parties agree to be bound by, by such modified provision or restriction.