Common use of RESTRICTIVE CONDITIONS Clause in Contracts

RESTRICTIVE CONDITIONS. 16.1. The Employee and the Company shall agree that, subject to the above facts and circumstances, the restrictive conditions in paragraphs 14 and 15 are reasonable and necessary to protect the Company and its related business, and that, given these circumstances, these Agreements are fair and reasonable, and the Employee refuses from all protective measures for their application. 16.2. The Company and the Employee shall agree that the conditions of paragraphs 14 and 15 will continue to apply regardless of the method or reasons for the Employee’s work discontinuation and regardless of whether the Employee's employment was terminated with or without notice.

Appears in 5 contracts

Samples: Employment Contract (Freedom Holding Corp.), Employment Agreement (Freedom Holding Corp.), Employment Agreement (Freedom Holding Corp.)

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