Common use of Reformation Clause in Contracts

Reformation. It is expressly understood and agreed that Company and Executive consider the restrictions contained in this Article to be reasonable and necessary to protect the proprietary information of Company. Nevertheless, if any of the aforesaid restrictions are found by a court having jurisdiction to be unreasonable, or overly broad as to geographic area or time, or otherwise unenforceable, the parties intend for the restrictions therein set forth to be modified by such court so as to be reasonable and enforceable and, as so modified by the court, to be fully enforced.

Appears in 57 contracts

Sources: Employment Agreement (Core Laboratories Inc. /DE/), Employment Agreement (Core Laboratories Inc. /DE/), Employment Agreement (Core Laboratories Inc. /DE/)

Reformation. It is expressly understood and agreed that Company and Executive consider the restrictions contained in this Article 6 to be reasonable and necessary to protect the proprietary information of CompanyCompany and its affiliates. Nevertheless, if any of the aforesaid restrictions are found by a court having jurisdiction to be unreasonable, or overly broad as to geographic area or time, or otherwise unenforceable, the parties intend for the restrictions therein set forth to be modified by such court courts so as to be reasonable and enforceable and, as so modified by the court, to be fully enforced.

Appears in 45 contracts

Sources: Employment Agreement (Alpine Immune Sciences, Inc.), Employment Agreement (Hunt Global Resources, Inc.), Employment Agreement (Scotts Liquid Gold Inc)

Reformation. It is expressly understood and agreed that Company and Executive consider the restrictions contained in this Article 5 to be reasonable and necessary to protect the proprietary information of CompanyCompany and its affiliates. Nevertheless, if any of the aforesaid restrictions are found by a court having jurisdiction to be unreasonable, or overly broad as to geographic area or time, or otherwise unenforceable, the parties intend for the restrictions therein set forth to be modified by such court courts so as to be reasonable and enforceable and, as so modified by the court, to be fully enforced.

Appears in 7 contracts

Sources: Employment Agreement (American Midstream Partners, LP), Employment Agreement (American Midstream Partners, LP), Employment Agreement (American Midstream Partners, LP)

Reformation. It is expressly understood and agreed that the Company and the Executive consider the restrictions contained in this Article to be reasonable and necessary to protect the proprietary information of the Company. Nevertheless, if any of the aforesaid restrictions are found by a court having jurisdiction to be unreasonable, or overly broad as to geographic area or time, or otherwise unenforceable, the parties intend for the restrictions therein set forth to be modified by such court so as to be reasonable and enforceable and, as so modified by the court, to be fully enforced.

Appears in 5 contracts

Sources: Employment Agreement (Anadarko Petroleum Corp), Employment Agreement (Anadarko Petroleum Corp), Employment Agreement (Veritas DGC Inc)

Reformation. It is expressly understood and agreed that Company and Executive consider the restrictions contained in this Article 6 to be reasonable and necessary to protect the proprietary information of CompanyCompany and its affiliates. Nevertheless, if any of the aforesaid restrictions are found by a court having jurisdiction to be unreasonable, or overly broad as to geographic area or time, or otherwise unenforceable, the parties intend for the restrictions therein set forth to be modified by such court so as to be reasonable and enforceable and, as so modified by the court, to be fully enforced.

Appears in 4 contracts

Sources: Employment Agreement (Empire Petroleum Partners, LP), Employment Agreement (Empire Petroleum Partners, LP), Employment Agreement (Empire Petroleum Partners, LP)

Reformation. It is expressly understood and agreed that Company and Executive consider the restrictions contained in this Article to be reasonable and necessary to protect the proprietary information of Company. Nevertheless, if any of the aforesaid restrictions are found by a court having jurisdiction to be unreasonable, or overly broad as to geographic area or time, or otherwise unenforceable, the parties intend for the restrictions therein set forth to be modified by such court so as to be reasonable and enforceable and, as so modified by the court, to be fully enforced.enforced.1

Appears in 3 contracts

Sources: Employment Agreement (W-H Energy Services Inc), Employment Agreement (W-H Energy Services Inc), Employment Agreement (W-H Energy Services Inc)

Reformation. It is expressly understood and agreed that Company and Executive Employee consider the restrictions contained in this Article to be reasonable and necessary to protect the proprietary information of Company. Nevertheless, if any of the aforesaid restrictions are found by a court having jurisdiction to be unreasonable, or overly broad as to geographic area or time, or otherwise unenforceable, the parties intend for the restrictions therein set forth to be modified by such court courts so as to be reasonable and enforceable and, as so modified by the court, to be fully enforced.

Appears in 3 contracts

Sources: Employment Agreement (Enerteck Corp), Employment Agreement (Enron Corp), Employment Agreement

Reformation. It is expressly understood and agreed that Company and Executive consider the restrictions contained in this Article to be reasonable and necessary to protect the proprietary information of Companyapplicable to the Consolidated Operations. Nevertheless, if any of the aforesaid restrictions are found by a court having jurisdiction to be unreasonable, or overly broad as to geographic area or time, or otherwise unenforceable, the parties intend for the restrictions therein set forth to be modified by such court so as to be reasonable and enforceable and, as so modified by the court, to be fully enforced.

Appears in 3 contracts

Sources: Employment Agreement (Taylor & Martin Group Inc), Employment Agreement (Taylor & Martin Group Inc), Employment Agreement (Taylor & Martin Group Inc)

Reformation. It is expressly understood and agreed that Company and Executive Employee consider the restrictions contained in this Article 6 to be reasonable and necessary to protect the proprietary information of CompanyCompany and its affiliates. Nevertheless, if any of the aforesaid restrictions are found by a court having jurisdiction to be unreasonable, or overly broad as to geographic area or time, or otherwise unenforceable, the parties intend for the restrictions therein set forth to be modified by such court courts so as to be reasonable and enforceable and, as so modified by the court, to be fully enforced.

Appears in 2 contracts

Sources: Employment Agreement (Trico Marine Services Inc), Employment Agreement (Trico Marine Services Inc)

Reformation. It is expressly understood and agreed that the Company and Executive consider the restrictions contained in this Article 6 to be reasonable and necessary to protect the proprietary information of Companythe Company and its affiliates. Nevertheless, if any of the aforesaid restrictions are found by a court having jurisdiction to be unreasonable, or overly broad as to geographic area or time, or otherwise unenforceable, the parties intend for the restrictions therein set forth to be modified by such court courts so as to be reasonable and enforceable and, as so modified by the court, to be fully enforced.

Appears in 2 contracts

Sources: Employment Agreement (Alpine Immune Sciences, Inc.), Employment Agreement (Alpine Immune Sciences, Inc.)

Reformation. It is expressly understood and agreed that Company and Executive consider the restrictions contained in this Article 5 to be reasonable and necessary to protect the proprietary information of Company. Nevertheless, if any of the aforesaid restrictions are found by a court having jurisdiction to be unreasonable, or overly broad as to geographic area or time, or otherwise unenforceable, the parties intend for the restrictions therein set forth to be modified by such court so as to be reasonable and enforceable and, as so modified by the court, to be fully enforced.

Appears in 1 contract

Sources: Employment Agreement (Southwest Bancorp of Texas Inc)