Common use of Nature of the Restrictions Clause in Contracts

Nature of the Restrictions. ▇▇▇▇▇▇▇▇ agrees and stipulates that the time, geographical area, and scope of restrained activities for the Protective Covenants in Section D of this Agreement are reasonable and enforceable under Texas law, including Texas Business and Commerce Code §§15.50-15.52. The terms and provisions of Section D of this Agreement are intended to be separate and divisible provisions and if, for any reason, any one or more of them is held to be invalid or unenforceable, neither the validity nor the enforceability of any other provision of this Agreement will be affected. As further described in Section E.3 of this Agreement, if a court concludes that any time period, geographical area, or scope of restrained activities specified in Section D of this Agreement is unenforceable, the court is vested with the authority to reduce the time period, geographical area, or scope of restrained activities, and to enforce the Protective Covenants in Section D of this Agreement to the fullest extent the law permits. Additionally, if ▇▇▇▇▇▇▇▇ violates any of the Protective Covenants contained in Section D of this Agreement, the Non-Competition Period shall be suspended and will not run in favor of ▇▇▇▇▇▇▇▇ from the time of the commencement of any violation until the time when ▇▇▇▇▇▇▇▇ ceases the activities causing the violation. Moreover, any subsequent change(s) in the terms or conditions of ▇▇▇▇▇▇▇▇’▇ employment with Torrent will not affect the validity or scope of these Protective Covenants.

Appears in 2 contracts

Sources: Employment Agreement (Ranger Energy Services, Inc.), Employment Agreement (Ranger Energy Services, Inc.)