Common use of Competition Restriction Clause in Contracts

Competition Restriction. During EMPLOYEE’s employment by NIKE, under the terms of any employment contract or otherwise, and for one year thereafter, (the “Restriction Period”), EMPLOYEE will not directly or indirectly, own, manage, control, or participate in the ownership, management or control of, or be employed by, consult for, or be connected in any manner with, any business engaged anywhere in the world in the athletic footwear, athletic apparel or sports equipment and accessories business, or any other business which directly competes with NIKE or any of its parent, subsidiaries or affiliated corporations ( “Competitor”). By way of illustration only, examples of NIKE competitors include, but are not limited to: Adidas, FILA, Reebok, Puma, Champion, Oakley, DKNY, Converse, Asics, Saucony, New Balance, Xxxxx Lauren/Polo Sport, B.U.M, FUBU, The Gap, Xxxxx Xxxxxxxx, Umbro, Northface, Venator (Foot lockers), Sports Authority, Columbia Sportswear, Xxxxxx, Mizuno, Callaway Golf and Titleist. This provision is subject to NIKE’s option to waive all or any portion of the Restriction Period as more specifically provided below.

Competition Restriction. During EMPLOYEE’s employment by NIKE, under the terms of any employment contract or otherwise, and for one year twelve (12) months thereafter, (the “Restriction Period”), EMPLOYEE will not directly or indirectly, own, manage, control, or participate in the ownership, management or control of, or be employed by, consult for, or be connected in any manner with, any business engaged anywhere in the world in the athletic footwear, athletic apparel or sports equipment and accessories business, or any other business which directly competes with NIKE or any of its parent, subsidiaries or affiliated corporations ( (“Competitor”). By way of illustration only, examples of NIKE competitors include, but are not limited to: Adidas, FILA, Reebok, Puma, Champion, Oakley, DKNY, Converse, Asics, Saucony, New Balance, Xxxxx Lauren/Polo Sport, B.U.M, FUBU, The Gap, Xxxxx Xxxxxxxx, Umbro, Northface, Venator (Foot lockersFootlockers), Sports Authority, Columbia Sportswear, Xxxxxx, Mizuno, Callaway Golf and Titleist. This provision is subject to NIKE’s option to waive all or any portion of the Restriction Period as more specifically provided below.

Competition Restriction. During EMPLOYEE’s 's employment by NIKE, under the terms of any employment contract or otherwise, and for one year twenty-four (24) months thereafter, (the “"Restriction _______________________ Period”"), EMPLOYEE will not directly or indirectly, own, manage, control, or participate in the ownership, management or control of, or be employed by, consult for, or be connected in any manner with, any business engaged anywhere in the world in the athletic footwear, athletic apparel or sports equipment and accessories business, or any other business which directly competes with NIKE or any of its parent, subsidiaries or affiliated corporations ( “("Competitor”"). By way of illustration only, examples of NIKE competitors include, include but are not limited to: Adidas, FILA, Reebok, Puma, Champion, Oakley, DKNY, Converse, Asics, Saucony, New Balance, Xxxxx Lauren/Polo Sport, B.U.MB.U.M., FUBU, The Gap, Xxxxx Xxxxxxxx, Umbro, Northface, Venator (Foot lockersFootlockers), Sports Authority, Columbia Sportswear, Xxxxxx, Mizuno, Callaway Golf and Titleist. This provision is subject to NIKE’s 's option to waive all or any portion of the Restriction Period as more specifically provided below.