Common use of Competition During Employment Clause in Contracts

Competition During Employment. Employee agrees that during the Term, neither he, nor any of his affiliates, will directly or indirectly: (i) compete with Employer or its affiliates in the portable or handheld computer power, docking, and connectivity business, which is defined as product lines or businesses that are competitive with products that are manufactured, marketed or sold by Employer and its affiliates during the Term or under development during the Term (the "Business"); or (ii) act as an officer, director, employee, consultant, shareholder, lender, or agent of any entity which is in competition with Employer; provided, however, that this Section 5(d) shall not prohibit Employee or any of his affiliates from purchasing or holding an aggregate equity interest of up to 1% in any publicly-traded company which is in competition with Employer. Furthermore, Employee agrees that during the Term, he will undertake no planning for the organization of any business activity competitive with the Business and Employee will not combine or conspire with any other employees of Employer and its affiliates for the purpose of the organization of any such competitive business activity.

Competition During Employment. Employee Optionee agrees that during his employment with the TermCompany, neither he, nor any of his affiliates, will directly or indirectly: (i) indirectly compete with Employer the Company or its affiliates in the portable or handheld computer power, docking, and connectivity business, which is defined as product lines or businesses that are competitive with products that are manufactured, marketed or sold by Employer the Company and its affiliates during the Term term of his employment or under development during the Term term of his employment (the "Business"); or (ii) and that he will not act as an officer, director, employee, consultant, shareholder, lender, or agent of any entity which is in competition competitive with Employerthe Business; provided, however, that this Section 5(d) shall not prohibit Employee Optionee or any of his affiliates from purchasing or holding an aggregate equity interest of up to 1% in any publicly-traded company which is business in competition with Employerthe Business. Furthermore, Employee Optionee agrees that during his employment with the TermCompany, he will undertake no planning for the organization of any business activity competitive with the Business and Employee Optionee will not combine or conspire with any other employees Optionees of Employer the Company and its affiliates for the purpose of the organization of any such competitive business activity.

Competition During Employment. Employee Optionee agrees that during his employment with the TermCompany, neither he, nor any of his affiliates, will directly or indirectly: (i) indirectly compete with Employer the Company or its affiliates in the portable or handheld computer power, docking, and connectivity business, which is defined as product lines or businesses that are competitive with products that are manufactured, marketed or sold by Employer the Company and its affiliates during the Term term of his employment or under development during the Term term of his employment (the "Business"); or (ii) and that he will not act as an officer, director, employee, consultant, shareholder, lender, or agent of any entity which is in competition competitive with Employerthe Business; provided, however, that this Section 5(d) shall not prohibit Employee Optionee or any of his affiliates from purchasing or holding an aggregate equity interest of up to 1% in any publicly-traded company which is business in competition with Employerthe Business. Furthermore, Employee Optionee agrees that during his employment with the TermCompany, he will undertake no planning for the organization of any business activity competitive with the Business and Employee Optionee will not combine or conspire with any other employees Optionee of Employer the Company and its affiliates for the purpose of the organization of any such competitive business activity.

Competition During Employment. Employee agrees that during the Term, neither he, nor any of his affiliates, will directly or indirectly: (i) compete with Employer or its affiliates in the portable or handheld computer power, docking, and connectivity business, which is defined as product lines or businesses that are competitive with products that are manufactured, marketed or sold by Employer and its affiliates during the Term or under development during the Term (the "“Business"”); or (ii) act as an officer, director, employee, consultant, shareholder, lender, or agent of any entity which is in competition with Employer; provided, however, that this Section 5(d) shall not prohibit Employee or any of his affiliates from purchasing or holding an aggregate equity interest of up to 1% in any publicly-traded company which is in competition with Employer. Furthermore, Employee agrees that during the Term, he will undertake no planning for the organization of any business activity competitive with the Business and Employee will not combine or conspire with any other employees of Employer and its affiliates for the purpose of the organization of any such competitive business activity.