Common use of Competitive Activities Prohibited Clause in Contracts

Competitive Activities Prohibited. During the term of my employment by the Company, I will not become employed full-time or part-time by or act on behalf of any other person, corporation or firm which is engaged in any business or activity competitive with that of the Company, unless such employment has been approved by the Company in a writing signed by an officer of the Company. I also agree that I will not, for a period of one year after the termination of my employment with the Company, solicit or seek to obtain orders for any products directly competitive with those manufactured or sold by the Company from any person or organization that is a customer of the Company or recruit or otherwise seek to cause employees of the Company to terminate their employment or violate any agreement with the Company.

Appears in 1 contract

Samples: Employment Agreement (Praecis Pharmaceuticals Inc)

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