Value and Reasonableness. The Executive agrees that the Company’s substantial investments in its business interests, goodwill, and Confidential Information are worthy of protection, and that the Company’s need for the protection afforded by this Section 14 is greater than any hardship the Executive might experience by complying with its terms. The Executive agrees that the limitations as to time and scope of activity to be restrained contained in this Agreement are reasonable and are not greater than necessary to protect the Confidential Information, goodwill and other legitimate business interests of the Company.
Appears in 3 contracts
Samples: Severance Agreement, Severance Agreement (Anadarko Petroleum Corp), Severance Agreement (Anadarko Petroleum Corp)
Value and Reasonableness. The Executive agrees understands and acknowledges that the Company’s Company has made substantial investments in to develop its business interests, goodwill, and Confidential Information Information. Executive agrees that such investments are worthy of protection, and that the Company’s need for the protection afforded by this Section 14 10 is greater than any hardship the Executive might experience by complying with its termsterms and that the restrictions contained herein are necessary to protect the Company’s legitimate business interests. The Executive agrees that the limitations as to time time, geographic area, and scope of activity to be restrained contained in this Agreement are reasonable and are not greater than necessary to protect the Confidential Information, Information and/or the goodwill and or other legitimate business interests of the Company.
Appears in 3 contracts
Samples: Employment Agreement (SAILFISH ENERGY HOLDINGS Corp), Employment Agreement (SAILFISH ENERGY HOLDINGS Corp), Employment Agreement (SAILFISH ENERGY HOLDINGS Corp)
Value and Reasonableness. The Executive agrees understands and acknowledges that the Company’s Company has made substantial investments in to develop its business interests, goodwill, and Confidential Information Information. Executive agrees that such investments are worthy of protection, and that the Company’s need for the protection afforded by this Section 14 9 is greater than any hardship the Executive might experience by complying with its terms. The Executive agrees that the limitations as to time time, geographic area, and scope of activity to be restrained contained in this Agreement are reasonable and are not greater than necessary to protect the Confidential Information, Information and/or the goodwill and or other legitimate business interests of the CompanyCompany and its Affiliates.
Appears in 1 contract