Common use of Stipulated Reasonableness Clause in Contracts

Stipulated Reasonableness. Executive acknowledges that the nature of Executive’s position, the period of time necessary to fill Executive’s position in the event Executive’s employment is terminated, the period of time necessary to allow customers of Employer’s business to become familiar with Executive’s replacement in the event Executive’s employment is terminated, and the period of time necessary to obliterate the identification between Employer and Executive in the minds of Employer’s customers commands that the two (2) year restrictive period be imposed hereunder for the protection of Employer’s investment in its business. Executive further agrees the restrictions contained in this Agreement shall apply no matter how his employment terminates and regardless of whether the termination is voluntary or involuntary. Executive further agrees that the restrictions contained in this Agreement shall survive the termination of his employment.

Stipulated Reasonableness. Executive acknowledges that the nature of Executive’s position, the period of time necessary to fill Executive’s position in the event Executive’s employment is terminated, the period of time necessary to allow customers of Employer’s business to become familiar with Executive’s replacement in the event Executive’s employment is terminated, and the period of time necessary to obliterate the identification between Employer and Executive in the minds of Employer’s customers commands that the two (2) year restrictive period be imposed hereunder for the protection of Employer’s investment in its business. Executive further agrees the restrictions contained in this Agreement shall apply no matter how his her employment terminates and regardless of whether the termination is voluntary or involuntary. Executive further agrees that the restrictions contained in this Agreement shall survive the termination of his her employment.