Common use of Agreement not to Participate in Company’s Competitors Clause in Contracts

Agreement not to Participate in Company’s Competitors. During his employment with the Company, the Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by Executive to be adverse or antagonistic to the Company, its business, or prospects, financial or otherwise, or in any company, person, or entity that is, directly or indirectly, in competition with the business of the Company or any of its Affiliates. Ownership by the Executive, as a passive investment, of less than two percent (2%) of the outstanding shares of capital stock of any corporation with one or more classes of its capital stock listed on a national securities exchange or publicly traded on the Nasdaq Stock Market or in the over-the-counter market shall not constitute a breach of this paragraph. NuZee Management Contract - Xxxxx Xxxxxxxx

Appears in 1 contract

Samples: Management Employment Agreement (Havana Furnishings Inc.)

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Agreement not to Participate in Company’s Competitors. During his employment with the Company, the Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by Executive to be adverse or antagonistic to the Company, its business, or prospects, financial or otherwise, or in any company, person, or entity that is, directly or indirectly, in competition with the business of the Company or any of its Affiliates. Ownership by the Executive, as a passive investment, of less than two percent (2%) of the outstanding shares of capital stock of any corporation with one or more classes of its capital stock listed on a national securities exchange or publicly traded on the Nasdaq Stock Market or in the over-the-counter market shall not constitute a breach of this paragraph. NuZee Management Contract - Xxxxx XxxxxxxxSatoru Yukie

Appears in 1 contract

Samples: Executive Employment Agreement (Havana Furnishings Inc.)

Agreement not to Participate in Company’s Competitors. During his her employment with by the Company, the Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by Executive to be adverse or antagonistic to the Company, its business, business or prospects, financial or otherwise, otherwise or in any company, person, person or entity that is, directly or indirectly, in competition with the business of the Company or any of its Affiliates. Ownership Notwithstanding the foregoing, the acquisition or ownership by the Executive, as a passive investment, of less than two percent (2%) of the outstanding shares of capital stock of any corporation with one or more classes of its capital stock listed on a national securities exchange or publicly traded on the Nasdaq Stock Market or in the over-the-counter market shall not constitute a breach of this paragraph. NuZee Management Contract - Xxxxx Xxxxxxxx.

Appears in 1 contract

Samples: Employment Agreement (Amylin Pharmaceuticals Inc)

Agreement not to Participate in Company’s Competitors. During his the Executive's employment with by the Company, the Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by Executive to be adverse or antagonistic to the Company, its business, business or prospects, financial or otherwise, otherwise or in any company, person, person or entity that is, directly or indirectly, engaged in competition with the business of the Company or any of its Affiliatespharmaceutical research development. Ownership by the Executive, as a passive investment, of less than two percent (2%) of the outstanding shares of capital stock of any corporation with one or more classes of its capital stock listed on a national securities exchange or publicly traded on the Nasdaq Stock Market or in the over-the-counter market shall not constitute a breach of this paragraph. NuZee Management Contract - Xxxxx XxxxxxxxSection 2.

Appears in 1 contract

Samples: Employment Agreement (Covalent Partners LLC)

Agreement not to Participate in Company’s Competitors. During his employment with by the Company, the Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by Executive to be adverse or antagonistic to the Company, its business, business or prospects, financial or otherwise, otherwise or in any company, person, person or entity that is, directly or indirectly, in competition with the business of the Company or any of its Affiliates. Ownership by the Executive, as a passive investment, of less than two percent (2%) of the outstanding shares of capital stock of any corporation with one or more classes of its capital stock listed on a national securities exchange or publicly traded on the Nasdaq Stock Market or in the over-the-counter market shall not constitute a breach of this paragraph. NuZee Management Contract - Xxxxx XxxxxxxxSection.

Appears in 1 contract

Samples: Employment Agreement (Amylin Pharmaceuticals Inc)

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Agreement not to Participate in Company’s Competitors. During his employment with the CompanyTerm, the Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by Executive to be adverse or antagonistic to the Company, its business, business or prospects, financial or otherwise, otherwise or in any company, person, person or entity that is, directly or indirectly, in competition with the business of the Company or any of its Affiliates. Ownership by the Executive, as a passive investment, of less than two percent (2%) of the outstanding shares of capital stock of any corporation with one or more classes of its capital stock listed on a national or foreign securities exchange or publicly traded on the Nasdaq Stock Market or in the over-the-counter market shall not constitute a breach of this paragraph. NuZee Management Contract - Xxxxx Xxxxxxxx.

Appears in 1 contract

Samples: Employment Agreement (Cypress Bioscience Inc)

Agreement not to Participate in Company’s Competitors. During his employment with the Company, the Executive agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by Executive to be adverse or antagonistic to the Company, its business, business or prospects, financial or otherwise, otherwise or in any company, person, person or entity that is, directly or indirectly, in competition with the business of the Company or any of its Affiliates. Ownership by the Executive, as a passive investment, of less than two percent (2%) of the outstanding shares of capital stock of any corporation with one or more classes of its capital stock listed on a national securities exchange or publicly traded on the Nasdaq Stock Market or in the over-the-counter market shall not constitute a breach of this paragraph. NuZee Management Contract - Xxxxx Xxxxxxxx.

Appears in 1 contract

Samples: Employment Agreement (NovaCardia Inc)

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