Covenants Reasonable. The Parties agree that, having regard to all the circumstances, the covenants contained herein are reasonable and necessary for the protection of the Parties. If any such covenant is held to be void as going beyond what is reasonable in all the circumstances, but would be valid if amended as to scope or duration or both, the covenant will apply with such minimum modifications regarding its scope and duration as may be necessary to make it valid and effective.
Covenants Reasonable. The parties acknowledge that the restrictions contained in Sections 5 and 6 hereof are a reasonable and necessary protection of the immediate interests of the Company, and any violation of these restrictions could cause substantial injury to the Company and that the Company would not have entered into this Employment Agreement, without receiving the additional consideration offered by Employee in binding Employee to any of these restrictions. In the event of a breach or threatened breach by Employee of any of these restrictions, the Company shall be entitled to apply to any court of competent jurisdiction for an injunction restraining Employee from such breach or threatened breach; provided however, that the right to apply for an injunction shall not be construed as prohibiting the Company from pursuing any other available remedies for such breach or threatened breach.
Covenants Reasonable. The Consultant agrees that,
Covenants Reasonable. The Executive agrees that:
Covenants Reasonable. The Executive acknowledges and agrees that the covenants provided for in this Article 3 are reasonable and necessary in terms of scope, duration, area, business and all other matters to protect the Company’s and its respective subsidiaries’ legitimate business interests, which include, among others, protecting (a) valuable confidential business information, (b) substantial relationships with customers throughout the Restricted Area and (c) goodwill with customers, employees, distributors, suppliers and vendors associated with respective businesses.
Covenants Reasonable. Executive hereby acknowledges that the business of the Company is highly competitive. Executive further acknowledges that this Confidentiality and Non-Competition Agreement is being entered into in connection with the Transitional Compensation Agreement, that his service to the Company will be of a special and unique character, and that he will continue to be identified personally with the Company. Executive also acknowledges that service as an executive officer of the Company will require that he have access to some of the Company’s most highly confidential business information, trade secrets and proprietary information. The parties therefore acknowledge that the restrictions contained in Sections 1 and 2 hereof are a reasonable and necessary protection of the immediate interests of the Company, and any violation of these restrictions would cause substantial injury to the Company and that the Company would not have entered into the Transitional Compensation Agreement and this Confidentiality and Non-Competition Agreement without receiving the additional consideration offered by Executive in binding himself to any of these restrictions.
Covenants Reasonable. The Consultant acknowledges and agrees: (i) Trimax would not have entered into this Agreement, without the covenants in sections 12 and 13 (ii) the covenants in sections 12 and 13 are reasonable in the circumstances and are necessary to protect the economic position of Trimax; and (iii) the breach of any of the covenants in sections 12 and 13 will cause serious and irreparable harm to Trimax which can not adequately be compensated for by damages, and in the event of a breach of any such covenant, the Consultant hereby consents to an injunction being issued against him restraining him from any further breach of any such covenant, but the provisions of this section shall not be construed so as to be a derogation of any other remedy which Trimax may have in the event of such a breach.
Covenants Reasonable a. The Participant acknowledges and agrees with the Company that:
Covenants Reasonable. The parties hereto agree that the nature and duration of the covenants set forth in this Article III are reasonable under the circumstances. In the event any court or arbitrator determines that the nature of any covenant or the duration of any covenant, or both, are unreasonable and to that extent is unenforceable, the parties agree that such covenant shall remain in full force and effect to the greatest extent and duration as would not render the covenant unenforceable.
Covenants Reasonable. The Employee confirms that the provisions in this Article 5 are reasonable and valid based upon the businesses that are carried on by the Company, and based on the fiduciary and sensitive position the Employee will occupy with the Company.
