Common use of Reasonable Restrictions Clause in Contracts

Reasonable Restrictions. Executive agrees that the restriction set forth above is ancillary to an otherwise enforceable agreement, is supported by independent valuable consideration, and that the limitations as to time, geographical area, and scope of activity to be restrained by this Section are reasonable and acceptable, and do not impose any greater restraint than is reasonably necessary to protect the goodwill and other business interests of the Company. Executive agrees that if, at some later date, a court of competent jurisdiction determines that the non-solicitation agreement set forth in this Section does not meet the criteria set forth in Tex. Bus. & Comm. Code ▇▇▇. 15.50(2), this Section may be reformed by the court and enforced to the maximum extent permitted under Texas law.

Appears in 12 contracts

Sources: Executive Employment Agreement (TransCoastal Corp), Executive Employment Agreement (TransCoastal Corp), Executive Employment Agreement (TransCoastal Corp)

Reasonable Restrictions. Executive agrees that the restriction set forth above is ancillary to an otherwise enforceable agreement, is supported by independent valuable consideration, and that the limitations as to time, geographical area, and scope of activity to be restrained by this Section are reasonable and acceptable, and do not impose any greater restraint than is reasonably necessary to protect the goodwill and other business interests of the Company. Executive agrees that if, at some later date, a court of competent jurisdiction determines that the non-solicitation agreement set forth in this Section does not meet the criteria set forth in Tex. Bus. & Comm. Code A▇▇. 15.50(2), this Section may be reformed by the court and enforced to the maximum extent permitted under Texas law.

Appears in 6 contracts

Sources: Executive Employment Agreement (Claimsnet Com Inc), Executive Employment Agreement (Claimsnet Com Inc), Executive Employment Agreement (Claimsnet Com Inc)

Reasonable Restrictions. Executive Officer agrees that the restriction set forth above is ancillary to an otherwise enforceable agreement, is supported by independent valuable consideration, and that the limitations as to time, geographical area, and scope of activity to be restrained by this Section are reasonable and acceptable, and do not impose any greater restraint than is reasonably necessary to protect the goodwill and other business interests of the Company. Executive Officer agrees that if, at some later date, a court of competent jurisdiction determines that the non-solicitation agreement set forth in this Section does not meet the criteria set forth in Tex. Bus. & Comm. Code ▇▇▇. 15.50(2), this Section may be reformed by the court and enforced to the maximum extent permitted under Texas law.

Appears in 1 contract

Sources: Officer Employment Agreement (TransCoastal Corp)

Reasonable Restrictions. Executive agrees that the restriction set forth above is ancillary to an otherwise enforceable agreement, is supported by independent valuable consideration, and that the limitations as to time, geographical area, and scope of activity to be restrained by this Section are reasonable and acceptable, and do not impose any greater restraint than is reasonably necessary to protect the goodwill and other business interests of the CompanyEmployer. Executive agrees that if, at some later date, a court of competent jurisdiction determines that the non-solicitation agreement set forth in this Section does not meet the criteria set forth in Tex. Bus. & Comm. Code ▇▇▇Ann. 15.50(2), this th▇▇ Section may be reformed by the court and enforced to the maximum extent permitted under Texas law.

Appears in 1 contract

Sources: Executive Employment Agreement (Intac International Inc)

Reasonable Restrictions. Executive agrees that the restriction set forth above is ancillary to an otherwise enforceable agreement, is supported by independent valuable consideration, and that the limitations as to time, geographical area, and scope of activity to be restrained by this Section are reasonable and acceptable, and do not impose any greater restraint than is reasonably necessary to protect the goodwill and other business interests of the Company. Executive agrees that if, at some later date, a court of competent jurisdiction determines that the non-solicitation agreement set forth in this Section does not meet the criteria set forth folth in Tex. Bus. & Comm. Code ▇▇▇. 15.50(2), this Section may be reformed by the court and enforced to the maximum extent permitted pennitted under Texas law.

Appears in 1 contract

Sources: Executive Employment Agreement (Frontier Oilfield Services Inc)