Common use of Understanding of Covenants Clause in Contracts

Understanding of Covenants. The Executive represents that he (i) is familiar with and has carefully considered the foregoing covenants set forth in this Section 6 (together, the “Restrictive Covenants”), (ii) is fully aware of his obligations hereunder, (iii) agrees to the reasonableness of the length of time, scope and geographic coverage, as applicable, of the Restrictive Covenants, (iv) agrees that the Company and its Affiliates currently conduct business throughout the continental United States and the rest of the world, (v) agrees that the Restrictive Covenants are necessary to protect the Company’s and its Affiliates’ confidential and proprietary information, good will, stable workforce, and customer relations, and (vi) agrees that the Restrictive Covenants will continue in effect for the applicable periods set forth above in this Section 6 regardless of whether the Executive is then entitled to receive severance pay or benefits from the Company. The Executive understands that the Restrictive Covenants may limit his ability to earn a livelihood in a business similar to the Business of the Company and any of its Affiliates, but he nevertheless believes that he has received and will receive sufficient consideration and other benefits as an employee of the Company and as otherwise provided hereunder or as described in the recitals hereto to clearly justify such restrictions which, in any event (given his education, skills and ability), the Executive does not believe would prevent him from otherwise earning a living. The Executive agrees that the Restrictive Covenants do not confer a benefit upon the Company disproportionate to the detriment of the Executive.

Understanding of Covenants. The Executive represents that he (i) is familiar with and has carefully considered the foregoing covenants set forth in this Section 6 (together, the “Restrictive Covenants”), (ii) is fully aware of his obligations hereunder, (iii) agrees to the reasonableness of the length of time, scope and geographic coverage, as applicable, of the Restrictive Covenants, (iv) agrees that the Company and its Affiliates currently conduct business throughout the continental United States and the rest of the world, (v) agrees that the Restrictive Covenants are necessary to protect the Company’s and its Affiliates’ confidential and proprietary information, good will, stable workforce, and customer relations, and (vi) agrees that the Restrictive Covenants will continue in effect for the applicable periods set forth above in this Section 6 regardless of whether the Executive is then entitled to receive severance pay or benefits from the Company. The Executive understands that the Restrictive Covenants may limit his ability to earn a livelihood in a business similar to the Business of the Company and any of its Affiliates, but he nevertheless believes that he has received and will receive sufficient consideration and other benefits as an employee of the Company and as otherwise provided hereunder or as described in the recitals hereto to clearly justify such restrictions which, in any event (given his education, skills and ability), the Executive does not believe would prevent him from Initial Initial otherwise earning a living. The Executive agrees that the Restrictive Covenants do not confer a benefit upon the Company disproportionate to the detriment of the Executive.

Understanding of Covenants. The Executive represents that he (i) is familiar with and has carefully considered the foregoing covenants set forth in this Section 6 (together, the “Restrictive Covenants”), (ii) is fully aware of his obligations hereunder, (iii) agrees to the reasonableness of the length of time, scope and geographic coverage, as applicable, of the Restrictive Covenants, (iv) agrees that the Company and its Affiliates currently conduct conducts business throughout the continental United States and the rest of the worldRestricted Area, (v) agrees that the Restrictive Covenants are necessary to protect the Company’s and its Affiliates’ confidential and proprietary information, good will, stable workforce, and customer relations, and (vi) agrees that the Restrictive Covenants will continue in effect for the applicable periods set forth above in this Section 6 regardless of whether the Executive is then entitled to receive severance pay or benefits from the Company. The Executive understands that the Restrictive Covenants may limit his ability to earn a livelihood in a business similar to the Business business of the Company and any of its Affiliates, but he nevertheless believes that he has received and will receive sufficient consideration and other benefits as an employee of the Company and as otherwise provided hereunder or as described in the recitals hereto to clearly justify such restrictions which, in any event (given his education, skills and ability), the Executive does not believe would prevent him from otherwise earning a living. The Executive agrees that the Restrictive Covenants do not confer a benefit upon the Company disproportionate to the detriment of the Executive.

Understanding of Covenants. The Executive represents and agrees that he (i) is familiar with and has carefully considered the foregoing covenants set forth in this Section 6 VIII (together, the “Restrictive Covenants”), (ii) is fully aware of his obligations hereunder, (iii) agrees to the reasonableness of the length of time, scope and geographic coverage, as applicable, of the Restrictive Covenants, (iv) agrees that the Company and its Affiliates currently conduct business throughout the continental United States and the rest of the world, (v) agrees that the Restrictive Covenants are necessary to protect the Company’s Companies’ and its Affiliatestheir respective affiliates’ confidential and proprietary information, good will, stable workforce, workforce and customer relations, and (viv) agrees that the Restrictive Covenants will continue in effect for the applicable periods set forth above in this Section 6 VIII regardless of whether the Executive is then entitled to receive severance pay or benefits from the CompanyRexnord. The Executive understands that the Restrictive Covenants may limit his ability to earn a livelihood in a business similar to the Business business of the Company Rexnord and any of its Affiliatesaffiliates, but he nevertheless believes that he has received and will receive sufficient consideration and other benefits as an employee of the Company and as otherwise provided hereunder or as described in the recitals hereto to clearly justify such restrictions which, in any event (given his education, skills and ability), the Executive does not believe would prevent him from otherwise earning a living. The Executive agrees that the Restrictive Covenants do not confer a benefit upon the Company Companies disproportionate to the detriment of the Executive.

Understanding of Covenants. The Executive Participant represents and agrees that he or she (ia) is familiar with and has carefully considered the foregoing covenants set forth in this Section 6 Sections 2, 3 and 4 (together, the “Restrictive Covenants”), (iib) is fully aware of his or her obligations hereunder, (iiic) agrees to the reasonableness of the length of time, scope and geographic coverage, as applicable, of the Restrictive Covenants, (iv) agrees that the Company and its Affiliates currently conduct business throughout the continental United States and the rest of the world, (vd) agrees that the Restrictive Covenants are necessary to protect the Company’s and its AffiliatesProtected Companies’ confidential and proprietary information, good will, stable workforce, workforce and customer relations, and (vie) agrees that the Restrictive Covenants will continue in effect for the applicable periods set forth above in this Section 6 Sections 2, 3 and 4 regardless of whether the Executive Participant is then entitled to receive severance pay or benefits from any of the CompanyProtected Companies. The Executive Participant understands that the Restrictive Covenants may limit his or her ability to earn a livelihood in a business similar to the Business business of the Company and any of its AffiliatesProtected Companies, but he or she nevertheless believes that he or she has received and will receive sufficient consideration and other benefits as an employee of the Company or other service provider to Athene and as otherwise provided hereunder or as described in the recitals hereto to clearly justify such restrictions whichthat, in any event (given his or her education, skills and ability), the Executive Participant does not believe would prevent him or her from otherwise earning a living. The Executive Participant agrees that the Restrictive Covenants do not confer a benefit upon the Company Protected Companies disproportionate to the detriment of the ExecutiveParticipant.