Common use of Reasonable Protection Clause in Contracts

Reasonable Protection. Company and Executive agree that, during the period of Executive’s employment with Company Group, (i) Executive will have a prominent role in the management of the business, and the development of the goodwill, of Company Group, and will obtain Confidential Information that could be used to compete unfairly against members of Company Group and their respective Affiliates and (ii) the covenants and restrictions contained in this Section 8 are necessary for the protection of the business and goodwill of Company Group and Executive considers them to be reasonable for such purpose.

Appears in 1 contract

Sources: Performance Award Agreement (Hd Supply, Inc.)

Reasonable Protection. The Company and the Executive agree that, during the period of the Executive’s employment with the Company Group, (i) the Executive will have a prominent role in the management of the business, and the development of the goodwill, of the Company Group, and will obtain Confidential Information that could be used to compete unfairly against members of the Company Group and their respective Affiliates and (ii) the covenants and restrictions contained in this Section 8 6 are necessary for the protection of the business and goodwill of the Company Group and the Executive considers them to be reasonable for such purpose.

Appears in 1 contract

Sources: Employee Stock Option Agreement (HD Supply Holdings, Inc.)