EMPLOYEE'S OBLIGATIONS OTHER THAN TO PERFORM SERVICES. 9.01. During the term of this Agreement, the Employee shall not, directly or indirectly, either as an employee, employer, consultant, agent, principal, partner, stockholder, corporate officer, director, or any other individual or representative capacity, engage or participate in any business if such business is engaged in the Same Business of the Employer. For purposes of this section, Same Business of the Employer shall mean any business engaged in the sale of aviation parts or products or the facilitation thereof. Furthermore, on the termination of employment, the Employee expressly agrees not to engage or participate, directly or indirectly, in any business that is engaged in the Same Business of the Employer for a period of two (2) years (hereinafter "Non-Compete Period"). The parties agree that this restriction is reasonable and the least restrictive prohibition on the Employee's competition with the Employer that protects the Employer's interests.
EMPLOYEE'S OBLIGATIONS OTHER THAN TO PERFORM SERVICES. 4.1 The Employee agrees to submit for a physical examination annually by a physician selected by the Employee. Failure to pass satisfactorily such physical examination so as to be able to regularly perform the duties set out in Article 3, according to the opinion of the physician, shall constitute “good” cause for termination of the services of the Employee under this Agreement.
EMPLOYEE'S OBLIGATIONS OTHER THAN TO PERFORM SERVICES. Indemnification
EMPLOYEE'S OBLIGATIONS OTHER THAN TO PERFORM SERVICES. 1. Non-Competition by Employee. For a three year period following the later of (a) the date of the immediately preceding Annual Covenant Payment (as defined below) or (b) the date that Employee's employment is terminated for any reason, the Employee shall not, directly or indirectly, either as an employee, employer, consultant, agent, principal, partner, greater than 10% stockholder, corporate officer, director, or in any other individual or representative capacity, (i) solicit the banking business (loan, deposit or otherwise) of any then existing customers of Employer, and (ii) engage or participate in any business that is in competition in any manner whatever with the business of Employer within a ten-mile radius of either the office building located at 1160 Xxxxx Xxxxxxx, Xxxxxxx, Xxxxx xx the branch locations located at 8800 Xxxx Xxxxxxx, Xxxxxxx, Xxxxx xx 8501 Xxxx Xxxxxxx, Xxxxxxx, Xxxxx.
EMPLOYEE'S OBLIGATIONS OTHER THAN TO PERFORM SERVICES. 4.1 QUALIFICATION FOR SURETY BOND. Employee agrees to furnish all information and take any other steps necessary to enable Employer to obtain a fidelity bond conditioned on the rendering of a true account by Employee of all money, goods, or other property that may come into the custody, charge, or possession of Employee during the term of employment. All premiums on the surety bond are to be paid by Employer. Failure by the Employee to qualify for such bond shall constitute good cause for termination of the services of Employee under this Contract.
EMPLOYEE'S OBLIGATIONS OTHER THAN TO PERFORM SERVICES. Non-competition by Employee
EMPLOYEE'S OBLIGATIONS OTHER THAN TO PERFORM SERVICES
