Common use of Scope of Covenants Clause in Contracts

Scope of Covenants. Employer and Executive acknowledge that the time, scope, geographic area and other provisions of Sections 6 and 7 have been specifically negotiated by sophisticated commercial parties and agree that they consider the restrictions and covenants contained in such Sections to be reasonable and necessary for the protection of the interests of the Related Companies, but if any such restriction or covenant shall be held by any court of competent jurisdiction to be void but would be valid if deleted in part or reduced in application, such restriction or covenant shall apply with such deletion or modification as may be necessary to make it valid and enforceable. The restrictions and covenants contained in each provision of such Sections shall be construed as separate and individual restrictions and covenants and shall each be capable of being severed without prejudice to the other restrictions and covenants or to the remaining provisions of this Agreement.

Appears in 48 contracts

Sources: Employment Agreement (First American Financial Corp), Employment Agreement (First American Financial Corp), Employment Agreement (First American Financial Corp)

Scope of Covenants. Employer The Company and the Executive further acknowledge that the time, scope, geographic area and other provisions of Sections this Section 6 and 7 have been specifically negotiated by sophisticated commercial parties and agree that they consider the restrictions and covenants contained in such Sections this Section 6 to be reasonable and necessary for the protection of the interests of the Related CompaniesCompany and its subsidiaries and affiliates, but if any such restriction or covenant shall be held by any court of competent jurisdiction to be void but would be valid if deleted in part or reduced in application, such restriction or covenant shall apply in such jurisdiction with such deletion or modification as may be necessary to make it valid and enforceable. The restrictions and covenants contained in each provision paragraph of such Sections this Section 6 shall be construed as separate and individual restrictions and covenants and shall each be capable of being reduced in application or severed without prejudice to the other restrictions and covenants or to the remaining provisions of this Agreement.

Appears in 22 contracts

Sources: Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust)

Scope of Covenants. Employer The Company and the Executive further acknowledge that the time, scope, geographic area and other provisions of Sections 6 and 7 this Section 5 have been specifically negotiated by sophisticated commercial parties and agree that they consider the restrictions and covenants contained in such Sections this Section 5 to be reasonable and necessary for the protection of the interests of the Related CompaniesCompany and its subsidiaries and affiliates, but if any such restriction or covenant shall be held by any court of competent jurisdiction to be void but would be valid if deleted in part or reduced in application, such restriction or covenant shall apply with such deletion or modification as may be necessary to make it valid and enforceable. The restrictions and covenants contained in each provision paragraph of such Sections this Section 5 shall be construed as separate and individual restrictions and covenants and shall each be capable of being severed without prejudice to the other restrictions and covenants or to the remaining provisions of this Agreement.

Appears in 9 contracts

Sources: Employment Agreement (Friedmans Inc), Employment Agreement (Friedmans Inc), Employment Agreement (Friedmans Inc)

Scope of Covenants. Employer The Company and Executive further acknowledge that the time, scope, geographic area and other provisions of Sections 6 and 7 have been specifically negotiated by sophisticated commercial parties and agree that they consider the restrictions and covenants contained in such Sections 6 and 7 to be reasonable and necessary for the protection of the interests of the Related CompaniesCompany and its subsidiaries and affiliates, but if any such restriction or covenant shall be held by any court of competent jurisdiction to be void but would be valid if deleted in part or reduced in application, such restriction or covenant shall apply in such jurisdiction with such deletion or modification as may be necessary to make it valid and enforceable. The restrictions and covenants contained in each provision paragraph of such Sections 6 and 7 shall be construed as separate and individual restrictions and covenants and shall each be capable of being reduced in application or severed without prejudice to the other restrictions and covenants or to the remaining provisions of this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (Differential Brands Group Inc.), Employment Agreement (Differential Brands Group Inc.)

Scope of Covenants. Employer The Company and Executive Consultant acknowledge that the time, scope, geographic area and other provisions of Sections 6 7, 8 and 7 9 have been specifically negotiated by sophisticated commercial parties and agree that they consider the restrictions and covenants contained in such Sections to be reasonable and necessary for the protection of the interests of the Related CompaniesCompany, but if any such restriction or covenant shall be held by any court of competent jurisdiction to be void but would be valid if deleted in part or reduced in application, such restriction or covenant shall apply with such deletion or modification as may be necessary to make it valid and enforceable. The restrictions and covenants contained in each provision of such Sections shall be construed as separate and individual restrictions and covenants and shall each be capable of being severed without prejudice to the other restrictions and covenants or to the remaining provisions of this Agreement.

Appears in 1 contract

Sources: Consulting Agreement (First American Corp)

Scope of Covenants. Employer The Company and Executive acknowledge that the time, scope, geographic area and other provisions of Sections this Section 6 and 7 have been specifically negotiated by sophisticated commercial parties and agree that they consider the restrictions and covenants contained in such Sections Section to be reasonable and necessary for the protection of the interests of the Related CompaniesCompany and its affiliates, but if any such restriction or covenant shall be held by any court of competent jurisdiction to be void but would be valid if deleted in part or reduced in application, such restriction or covenant shall apply with such deletion or modification as may be necessary to make it valid and enforceable. The restrictions and covenants contained in each provision of such Sections this Section 6 shall be construed as separate and individual restrictions and covenants and shall each be capable of being severed without prejudice to the other restrictions and covenants or to the remaining provisions of this Agreement.

Appears in 1 contract

Sources: Separation Agreement (Corelogic, Inc.)