Common use of Reasonableness of Restrictions Clause in Contracts

Reasonableness of Restrictions. Employee agrees that the restrictions on Employee’s activities outlined in this Agreement are reasonable and necessary to protect the Company’s legitimate business interests, that the consideration provided by the Company is fair and reasonable, and that given the importance to the Company of its Confidential Information, the post-employment restrictions on Employee’s activities are likewise fair and reasonable.

Appears in 30 contracts

Samples: Non Qualified Stock Option Agreement (ClearPoint Neuro, Inc.), Non Qualified Stock Option Agreement (Mri Interventions, Inc.), Agreement (Mri Interventions, Inc.)

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Reasonableness of Restrictions. Employee agrees that the restrictions on Employee’s activities outlined in this Agreement are reasonable and necessary to protect the Company’s legitimate business interests, that the consideration provided by the Company is fair and reasonable, and that given the importance to the Company of its Confidential Information, the post-employment restrictions on Employee’s activities are likewise fair and reasonable.

Appears in 26 contracts

Samples: Non Qualified Stock Option Agreement (ClearPoint Neuro, Inc.), Non Competition Agreement, Non Qualified Stock Option Agreement (Mri Interventions, Inc.)

Reasonableness of Restrictions. Employee agrees that the restrictions on Employee’s activities outlined in this Agreement are reasonable and necessary to protect the Company’s legitimate business interestsTHE EMPLOYEE HAS READ THIS AGREEMENT AND AGREES THAT THE CONSIDERATION PROVIDED BY THE COMPANY IS FAIR AND REASONABLE AND FURTHER AGREES THAT GIVEN THE IMPORTANCE TO THE COMPANY OF THE CUSTOMER LIST AND THE COMPANY'S PARTICULAR METHODS OF DOING BUSINESS, that the consideration provided by the Company is fair and reasonable, and that given the importance to the Company of its Confidential Information, the postTHE POST-employment restrictions on Employee’s activities are likewise fair and reasonableEMPLOYMENT RESTRICTIONS ON THE EMPLOYEE'S ACTIVITIES ARE LIKEWISE FAIR AND REASONABLE.

Appears in 9 contracts

Samples: Employment and Noncompetition Agreement (Hk Systems Inc), Employment and Noncompetition Agreement (Hk Systems Inc), Employment and Noncompetition Agreement (Hk Systems Inc)

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Reasonableness of Restrictions. Employee agrees that the restrictions on Employee’s activities outlined in this Agreement are reasonable and necessary to protect the Company’s legitimate business interests, that the consideration provided by the Company is fair and reasonable, and that given the importance to the Company of its Confidential Information, the post-employment restrictions on Employee’s activities are likewise fair and reasonable. 16.

Appears in 1 contract

Samples: Employment Agreement This Agreement (ClearPoint Neuro, Inc.)

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