Common use of Necessity and Reasonableness Clause in Contracts

Necessity and Reasonableness. Executive agrees that the restrictions set forth herein are necessary to prevent the use and disclosure of SHO Confidential Information and to otherwise protect the legitimate business interests of SHO. Executive further agrees and acknowledges that the provisions of this Agreement are reasonable.

Appears in 5 contracts

Sources: Executive Severance Agreement (Sears Hometown & Outlet Stores, Inc.), Executive Severance Agreement (Sears Hometown & Outlet Stores, Inc.), Executive Severance Agreement (Sears Hometown & Outlet Stores, Inc.)

Necessity and Reasonableness. Executive agrees that the restrictions set forth herein are necessary to prevent the use and disclosure of SHO Confidential Information and to otherwise protect the legitimate business interests of SHO. SHO Executive further agrees and acknowledges that the provisions of this Agreement are reasonable.

Appears in 1 contract

Sources: Executive Severance Agreement (Sears Hometown & Outlet Stores, Inc.)