Common use of Return of Consideration Clause in Contracts

Return of Consideration. Employee specifically recognizes and affirms that the non-competition obligations set out in Section 5.02 are material and important terms of the Agreement, and Employee further agrees that should all or any part of the non-competition obligations described in Section 5.02 be held or found invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in a legal proceeding between Employee and the Company, the Company shall be entitled to the immediate return and receipt from Employee of all consideration described in Section 5.01b, including interest on all amounts paid to Employee under Section 5.01b at the maximum lawful rate.

Return of Consideration. Employee specifically recognizes and affirms that the non-competition obligations set out in Section 5.02 are material and important terms of the this Agreement, and Employee further agrees that should all or any part of the non-competition obligations described in Section 5.02 be held or found invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in a legal proceeding between Employee and the Company, the Company shall be entitled to the immediate return and receipt from Employee of all consideration described in Section 5.01b, including interest on all amounts paid to Employee under Section 5.01b at the maximum lawful rate.

Return of Consideration. Employee specifically recognizes and affirms that the non-competition obligations set out in Section 5.02 are material and important terms of the this Agreement, and Employee further agrees that should all or any part of the non-competition obligations described in Section 5.02 be held or found invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in a legal proceeding between Employee and the Company, the Company shall be entitled to the immediate return and receipt from Employee of all consideration described in Section 5.01b., including interest on all amounts paid to Employee under Section 5.01b 5.01b. at the maximum lawful rate.

Return of Consideration. Employee specifically recognizes and affirms that the non-competition obligations set out in Section 5.02 4.02 are material and important terms of the this Agreement, and Employee further agrees that should all or any part of the non-competition obligations described in Section 5.02 4.02 be held or found invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in a legal proceeding between Employee and the Company, the Company shall be entitled to the immediate return and receipt from Employee of all consideration described in Section 5.01b4.01(b), including interest on all amounts paid to Employee under Section 5.01b 4.01(b) at the maximum lawful rate.