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 1 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, sports electronics/technology and sports accessories business, or any other business which directly competes with NIKE or any of its parent, subsidiaries or affiliated corporations (a "Competitor"). By way of illustration only, examples of NIKE competitors include, but are not limited to: Adidas, FILA, Reebok, Puma, Skechers, KSwiss, Garmin, Polar, Merrell, Timberland, Champion, Oakley, DKNY, Asics, Saucony, New Balance, Ralph Lauren/Polo Sport, B.U.M, FUBU, The Gap, Tommy Hixxxxxr, Xxxxo, The North Face, Foot Locker, Finxxx Xxxx, Xxxxts Authority, Footaction, Columbia Sportswear, Under Armour, Wilson, 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.

Appears in 1 contract

Samples: Covenant Not to Compete and Non Disclosure Agreement (Nike Inc)

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Competition Restriction. During EMPLOYEE's employment _______________________ by NIKE, under the terms of any employment contract or otherwise, and for 1 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, sports electronics/technology and sports accessories business, or any other business which directly competes with NIKE or any of its parent, subsidiaries or affiliated corporations (a "Competitor"). By way of illustration only, examples of NIKE competitors include, but are not limited to: Adidas, FILA, Reebok, Puma, Skechers, KSwiss, Garmin, Polar, Merrell, Timberland, Champion, Oakley, DKNY, Asics, Saucony, New Balance, Ralph Lauren/Polo Sport, B.U.M, FUBU, The Gap, Tommy HixxxxxrHilfigxx, XxxxoXmxxx, The Xhe North Face, Foot Locker, Finxxx XxxxSports Xxxxxxxxx, Xxxxts Authority, Footaction, Columbia Xxxumbia Sportswear, Under Armour, Wilson, 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.

Appears in 1 contract

Samples: Covenant Not to Compete and Non Disclosure Agreement (Nike Inc)

Competition Restriction. During EMPLOYEE's employment _______________________ by NIKE, under the terms of any employment contract or otherwise, and for 1 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, sports electronics/technology equipment and sports accessories business, or any other business which directly competes with NIKE or any of its parent, subsidiaries or affiliated corporations (a "Competitor"). By way of illustration only, examples of NIKE competitors include, include but are not limited to: Adidas, FILA, Reebok, Puma, Skechers, KSwiss, Garmin, Polar, Merrell, Timberland, Champion, Oakley, DKNY, Asics, Saucony, New Balance, Ralph Lauren/Polo Sport, B.U.MB.U.M., FUBU, The Gap, Tommy HixxxxxrTommx Xxxfiger, XxxxoUmbro, The North FaceNorthface, Foot LockerVenator (Footlockexx), Finxxx Xxxx, Xxxxts Authority, FootactionXxxxxx Xxthority, Columbia Sportswear, Under Armour, Wilson, Mizuno, Callaway Golf and Titleist. This provision prxxxxxxn is subject to NIKE's option to waive all or any portion of the Restriction Period as more specifically provided below.

Appears in 1 contract

Samples: Covenant Not to Compete and Non Disclosure Agreement (Nike Inc)

Competition Restriction. During EMPLOYEE's employment _______________________ by NIKE, under the terms of any employment contract or otherwise, and for 1 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, sports electronics/technology equipment and sports accessories business, or any other business which directly competes with NIKE or any of its parent, subsidiaries or affiliated corporations (a "Competitor"). By way of illustration onlyBY WAY OF ILLUSTRATION ONLY, examples of NIKE competitors include, but are not limited to: Adidas, FILA, Reebok, Puma, Skechers, KSwiss, Garmin, Polar, Merrell, Timberland, Champion, Oakley, DKNY, Converse, Asics, Saucony, New Balance, Ralph Lauren/Polo Sport, B.U.M, FUBU, The Gap, Tommy HixxxxxrXxxxx Xxxxxxxx, XxxxoUmbro, The North FaceNorthface, Foot LockerVenator (Footlockers), Finxxx Xxxx, Xxxxts Sports Authority, Footaction, Columbia Sportswear, Under Armour, WilsonXxxxxx, 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.

Appears in 1 contract

Samples: Employment Agreement (Nike Inc)

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Competition Restriction. During EMPLOYEE's employment _______________________ by NIKE, under the terms of any employment contract or otherwise, and for 1 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, sports electronics/technology equipment and sports accessories business, or any other business which directly competes with NIKE or any of its parent, subsidiaries or affiliated corporations (a "Competitor"). By way of illustration onlyBY WAY OF ILLUSTRATION ONLY, examples of NIKE competitors include, but are not limited to: Adidas, FILA, Reebok, Puma, Skechers, KSwiss, Garmin, Polar, Merrell, Timberland, Champion, Oakley, DKNY, Converse, Asics, Saucony, New Balance, Ralph Lauren/Polo Sport, B.U.M, FUBU, The Gap, Tommy HixxxxxrXxxxx Xxxxxxxx, XxxxoUmbro, The North FaceNorthface, Foot Locker<PAGE> Venator (Footlockers), Finxxx Xxxx, Xxxxts Sports Authority, Footaction, Columbia Sportswear, Under Armour, WilsonXxxxxx, 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.

Appears in 1 contract

Samples: Employment Agreement

Competition Restriction. During EMPLOYEE's ’s employment _______________________ by NIKE, under the terms of any employment contract or otherwise, and for 1 year thereafter, (the "Restriction Period"), EMPLOYEE will not directly or indirectly, own, manage, COVENANT NOT TO COMPETE AND Revised 6/12/00 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, sports electronics/technology equipment and sports accessories business, or any other business which directly competes with NIKE or any of its parent, subsidiaries or affiliated corporations (a "Competitor"). By way of illustration only, examples of NIKE competitors include, but are not limited to: Adidas, FILA, Reebok, Puma, Skechers, KSwiss, Garmin, Polar, Merrell, Timberland, Champion, Oakley, DKNY, Converse, Asics, Saucony, New Balance, Ralph LaurenXxxxx Xxxxxx/Polo Sport, B.U.M, FUBU, The Gap, Tommy HixxxxxrXxxxx Xxxxxxxx, XxxxoUmbro, The North FaceNorthface, Venator (Foot Lockerlockers), Finxxx Xxxx, Xxxxts Sports Authority, Footaction, Columbia Sportswear, Under Armour, WilsonXxxxxx, 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.

Appears in 1 contract

Samples: Covenant Not to Compete and Non Disclosure Agreement (Nike Inc)

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