Common use of Restrictions Reasonable Clause in Contracts

Restrictions Reasonable. Employee specifically and expressly represents and warrants that (i) he has reviewed and agreed to the restrictive covenants contained in this section 7 and their contemplated operation after receiving the advice of counsel of his choosing; (ii) he believes, after receiving such advice, that the restrictive covenants and their contemplated operation are fair and reasonable; (iii) he will not seek or attempt to seek to have the restrictive covenants declared invalid, and, after receiving the advice of counsel, expressly waives any right to do so; and (iv) if the full breadth of any restrictive covenant and/or its contemplated operation shall be held in any fashion to be too broad, such covenant or its contemplated operation, as the case may be, shall be interpreted in a manner as broadly in favor of the beneficiary of such covenant as is legally permissible. Employee recognizes and agrees that the restrictions on his activities contained in this section 7 are required for the reasonable protection of the Company and its investments; and that the restriction on his activities set forth in paragraph 7(a) will not deprive the Employee of the ability to earn a livelihood.

Appears in 9 contracts

Samples: Employment Agreement (Barr Laboratories Inc), Employment Agreement (Barr Laboratories Inc), Employment Agreement (Barr Laboratories Inc)

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Restrictions Reasonable. Employee specifically and expressly represents and warrants that (i) he has reviewed and agreed to the restrictive covenants contained in this section 7 and their contemplated operation after receiving the advice of counsel of his choosing; (ii) he believes, after receiving such advice, that the restrictive covenants and their contemplated operation are fair and reasonable; (iii) he will not seek or attempt to seek to have the restrictive covenants declared invalid, and, after receiving the advice of counsel, expressly waives any right to do so; and (iv) if the full breadth of any restrictive covenant and/or its contemplated operation shall be held in any fashion to be too broad, such covenant or its contemplated operation, as the case may be, shall be interpreted in a manner as broadly in favor of the beneficiary of such covenant as is legally permissible. Employee recognizes and agrees that the restrictions on his activities contained in this section 7 are required for the reasonable protection of the Company BPI and its investments; and that the restriction on his activities set forth in paragraph 7(a) will not deprive the Employee of the ability to earn a livelihood.

Appears in 5 contracts

Samples: Employment Agreement (Barr Pharmaceuticals Inc), Employment Agreement (Barr Pharmaceuticals Inc), Employment Agreement (Barr Pharmaceuticals Inc)

Restrictions Reasonable. Employee specifically and expressly represents and warrants that (i) he the Employee has reviewed and agreed to the restrictive covenants contained in this section Section 7 and their contemplated operation after receiving the advice of counsel of his the Employee’s choosing; (ii) he the Employee believes, after receiving such advice, that the restrictive covenants and their contemplated operation are fair and reasonable; (iii) he the Employee will not seek or attempt to seek to have the restrictive covenants declared invalid, and, after receiving the advice of counsel, expressly waives any right to do so; and (iv) if the full breadth of any restrictive covenant and/or its contemplated operation shall be held in any fashion to be too broad, such covenant or its contemplated operation, as the case may be, shall be interpreted in a manner as broadly in favor of the beneficiary of such covenant as is legally permissible. Employee recognizes and agrees that the restrictions on his the Employee’s activities contained in this section Section 7 are required for the reasonable protection of the Company and its investments; and that the restriction on his the Employee’s activities set forth in paragraph 7(a) will not deprive the Employee of the ability to earn a livelihood.

Appears in 5 contracts

Samples: Employment Agreement (Barr Pharmaceuticals Inc), Employment Agreement (Barr Pharmaceuticals Inc), Employment Agreement (Barr Pharmaceuticals Inc)

Restrictions Reasonable. Employee specifically and expressly represents and warrants that (i) he the Employee has reviewed and agreed to the restrictive covenants contained in this section Section 7 and their contemplated operation after receiving the advice of counsel of his the Employee’s choosing; (ii) he the Employee believes, after receiving such advice, that the restrictive covenants and their contemplated operation are fair and reasonable; (iii) he the Employee will not seek or attempt to seek to have the restrictive covenants declared invalid, and, after receiving the advice of counsel, expressly waives any right to do so; and (iv) if the full breadth of any restrictive covenant and/or its contemplated operation shall be held in any fashion to be too broad, such covenant or its contemplated operation, as the case may be, shall be interpreted in a manner as broadly in favor of the beneficiary of such covenant as is legally permissible. Employee recognizes and agrees that the restrictions on his the Employee’s activities contained in this section Section 7 are required for the reasonable protection of the Company Company, BPI and its their investments; and that the restriction on his the Employee’s activities set forth in paragraph 7(a) will not deprive the Employee of the ability to earn a livelihood.

Appears in 4 contracts

Samples: Employment Agreement (Barr Pharmaceuticals Inc), Employment Agreement (Barr Pharmaceuticals Inc), Employment Agreement (Barr Pharmaceuticals Inc)

Restrictions Reasonable. Employee specifically and expressly represents and warrants that (i) he she has reviewed and agreed to the restrictive covenants contained in this section 7 and their contemplated operation after receiving the advice of counsel of his her choosing; (ii) he she believes, after receiving such advice, that the restrictive covenants and their contemplated operation are fair and reasonable; (iii) he she will not seek or attempt to seek to have the restrictive covenants declared invalid, and, after receiving the advice of counsel, expressly waives any right to do so; and (iv) if the full breadth of any restrictive covenant and/or its contemplated operation shall be held in any fashion to be too broad, such covenant or its contemplated operation, as the case may be, shall be interpreted in a manner as broadly in favor of the beneficiary of such covenant as is legally permissible. Employee recognizes and agrees that the restrictions on his her activities contained in this section 7 are required for the reasonable protection of the Company and its investments; and that the restriction on his activities set forth in paragraph 7(a) will not deprive the Employee of the ability to earn a livelihood.

Appears in 2 contracts

Samples: Employment Agreement (Barr Laboratories Inc), Employment Agreement (Barr Laboratories Inc)

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Restrictions Reasonable. Employee specifically and expressly represents and warrants that (i) he she has reviewed and agreed to the restrictive covenants contained in this section 7 and their contemplated operation after receiving the advice of counsel of his her choosing; (ii) he she believes, after receiving such advice, that the restrictive covenants and their contemplated operation are fair and reasonable; (iii) he she will not seek or attempt to seek to have the restrictive covenants declared invalid, and, after receiving the advice of counsel, expressly waives any right to do so; and (iv) if the full breadth of any restrictive covenant and/or its contemplated operation shall be held in any fashion to be too broad, such covenant or its contemplated operation, as the case may be, shall be interpreted in a manner as broadly in favor of the beneficiary of such covenant as is legally permissible. Employee recognizes and agrees that the restrictions on his her activities contained in this section 7 are required for the reasonable protection of the Company and its investments; and that the restriction on his her activities set forth in paragraph 7(a) will not deprive the Employee of the ability to earn a livelihood.

Appears in 2 contracts

Samples: Employment Agreement (Barr Laboratories Inc), Employment Agreement (Barr Laboratories Inc)

Restrictions Reasonable. Employee specifically and expressly represents and warrants that (i) he she has reviewed and agreed to the restrictive covenants contained in this section 7 and their contemplated operation after receiving the advice of counsel of his her choosing; (ii) he she believes, after receiving such advice, that the restrictive covenants and their contemplated operation are fair and reasonable; (iii) he she will not seek or attempt to seek to have the restrictive covenants declared invalid, and, after receiving the advice of counsel, expressly waives any right to do so; and (iv) if the full breadth of any restrictive covenant and/or its contemplated operation shall be held in any fashion to be too broad, such covenant or its contemplated operation, as the case may be, shall be interpreted in a manner as broadly in favor of the beneficiary of such covenant as is legally permissible. Employee recognizes and agrees that the restrictions on his her activities contained in this section 7 are required for the reasonable protection of the Company BPI and its investments; and that the restriction on his activities set forth in paragraph 7(a) will not deprive the Employee of the ability to earn a livelihood.

Appears in 1 contract

Samples: Employment Agreement (Barr Pharmaceuticals Inc)

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