Common use of Certain Restrictive Covenants Clause in Contracts

Certain Restrictive Covenants. During the Term, and for a period ending six (6) months after the earlier of Employee's termination of employment hereunder and the end of the Term for which the Employee is being compensated at an annual rate equal to the Base Salary, Employee agrees that he will not act, either directly or indirectly, as a partner, officer, director, substantial stockholder (an equity interest of 5% or more) or employee of, or render advisory or other services for, or in connection with, or become interested in, or make any substantial financial investment in any firm, corporation, business entity or business enterprise that competes with the business of Company (each, a "Competitor"), except with the express written consent of the Board. Employee further agrees that in the event of the termination of his employment under Section 5 hereof, for a period of twelve (12) months thereafter, he will not, directly or indirectly, employ, offer to employ, or actively interfere with the relationship of Company or an Affiliate with, any employee of Company or any employee of any Affiliate.