Common use of Scope of Restrictions Clause in Contracts

Scope of Restrictions. Employee acknowledges and agrees that the obligations placed on Employee in this Agreement are reasonable and necessary to protect and preserve CIT's legitimate business interests.

Appears in 4 contracts

Sources: Performance Based Restricted Stock Unit Award Agreement (Cit Group Inc), Performance Share Unit Award Agreement (Cit Group Inc), Performance Based Restricted Stock Unit Award Agreement (Cit Group Inc)

Scope of Restrictions. Employee acknowledges and agrees that the Restrictions and other obligations placed on Employee in this Agreement are reasonable and necessary to protect and preserve CIT's legitimate business interests.

Appears in 4 contracts

Sources: Performance Based Restricted Stock Unit Award Agreement (Cit Group Inc), Performance Share Unit Award Agreement (Cit Group Inc), Performance Based Restricted Stock Unit Award Agreement (Cit Group Inc)