Competition clause. The signing Company commits themselves to during the contractual period or for a period of three (3) years after its termination not to, whether directly or indirectly engage in the development, manufacture, sale or rental of any service or product, that directly or indirectly, compete with or may come to compete with the BASTA system.
Competition clause. The provisions of the employment contract that forbid workers from working with the employer’s competitors are not binding if they are more far-reaching than necessary to protect the company from competition, or if they limit the workers’ freedom of employment in an unfair manner. In either case, each individual case has to be assessed, taking all factors into consideration. Provisions on competition may therefore not be too general in their wording. When assessing how broad competition provisions in an employment contract may be, particularly with regards to scope of applicability and to time limitations, the following aspects must be taken into consideration:
Competition clause. Your employment contract will not contain a non-competition clause as referred to in Section 7: 653 of the Dutch Civil Code, unless this is necessary due to the nature of the work or local circumstances.
Competition clause. 4. Payments and Creditability of Same;
Competition clause. 3.1 No rights are granted to Lundbeck by this Agreement except for the Territory. Lundbeck shall refer all orders received for delivery of Licensed Product outside the Territory to Centaur. Centaur shall refer all orders received for delivery of Licensed Product within the Territory to Lundbeck.
Competition clause. 5.1 Neither Usus nor its direct or indirect shareholder shall, during the period from the effective date of the Agreement until five years after the termination of the Agreement, conduct any activity, direct or indirect, by means of a legal entity or otherwise, alone or in cooperation with others, within the Benelux, which in any manner could be in competition with the activities of Mutarestes, other than activities with regard to having pharmacies. Neither Usus nor its direct or indirect shareholder shall make any
Competition clause. 1. The Executive/ Managing Director is subject to the duration of the employment contract-managing non-competition clauses. He may not directly or indirectly, either in independent, employed or otherwise, either its own or on behalf of others are working for a company that operated with the Company and / or its subsidiaries in the business competition (eg same or similar technological approach ) stands or supports such a competition.
Competition clause. 10.1 During holding the office, the Executive Officer agrees to observe the prohibition of competition to the extent of Section 136 of the Commercial Code, as amended.
Competition clause. 5.1 Neither NTP nor its direct or indirect shareholder shall, during the period from the effective date of the Agreement until five years after the termination of the Agreement, conduct any activity, direct or indirect, by means of a legal entity or otherwise, alone or in cooperation with others, within the Benelux, which in any manner could be in competition with the activities of Mutarestes, other than activities with regard to having pharmacies. Neither NTP nor its direct or indirect shareholder shall make any investments in competing companies. Interests existing at the time of entering into this Agreement can be maintained.
Competition clause. 12.1 During the employment relationship, the Employee shall not engage in any other employment, occupation, consulting or other business activity directly or indirectly related to the business in which the Company is now involved or becomes involved during the term of the employment relationship and the Employee shall not engage in any other business activities that conflict with his obligations to the Company.
