Nature of the Restrictions. The Executive agrees that the time, geographical area, and scope of restrained activities for the restrictions in paragraph 28 of this Agreement are reasonable, especially in light of the Company’s desire to protect its Confidential Information. If a court concludes that any time period, geographical area, or scope of restrained activities specified in paragraph 28 of this Agreement is unenforceable, the court is vested with the authority to reduce the time period, geographical area, and/or scope of restrained activities, so that the restrictions may be enforced to the fullest extent permitted by law. Additionally, if Executive violates any of the restrictions contained in this paragraph 26, the Restricted Period shall be suspended and will not run in favor of the Executive from the time of the commencement of any such violation until the time when the Executive cures the violation to the Company’s satisfaction.
Appears in 2 contracts
Sources: Consulting Agreement (HCC Insurance Holdings Inc/De/), Consulting Agreement (HCC Insurance Holdings Inc/De/)
Nature of the Restrictions. The Executive agrees that the time, geographical area, and scope of restrained activities for the restrictions in paragraph 28 Section VII of this Agreement are reasonable, especially in light of the Company’s desire to protect its Confidential Information. If a court concludes that any time period, geographical area, or scope of restrained activities specified in paragraph 28 Section VII of this Agreement is unenforceable, the court is vested with the authority to reduce the time period, geographical area, and/or scope of restrained activities, so that the restrictions may be enforced to the fullest extent permitted by law. Additionally, if Executive violates any of the restrictions contained in this paragraph 26Section VII, the Restricted Period shall be suspended and will not run in favor of the Executive from the time of the commencement of any such violation until the time when the Executive cures the violation to the Company’s satisfaction.
Appears in 1 contract
Sources: Transition Agreement (Global Geophysical Services Inc)