Common use of Competitive Business Clause in Contracts

Competitive Business. “Competitive Business” shall mean an enterprise that is in the business of offering banking products and/or services, which services and/or products are similar or substantially identical to those offered by the Bank during Executive’s employment with the Bank.

Appears in 7 contracts

Samples: Employment Agreement (Home Bancorp, Inc.), Employment Agreement (Home Bancorp, Inc.), Employment Agreement (Home Bancorp, Inc.)

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Competitive Business. The term “Competitive Business” shall mean means any person or entity that engages in any business activity that competes with the Company’s or an enterprise that is Affiliate’s or Subsidiary’s business in any way, in any geographic area in which the Company or an Affiliate or Subsidiary engages in business, including, without limitation, any state in the business of offering banking United States in which the Company or an Affiliate or Subsidiary sells or offers to sell its products and/or services, which services and/or products are similar or substantially identical from time to those offered by the Bank during Executive’s employment with the Banktime.

Appears in 7 contracts

Samples: Restricted Stock Unit Agreement (Mead Johnson Nutrition Co), Restricted Stock Unit Agreement (Mead Johnson Nutrition Co), Nonqualified Stock Option Agreement (Mead Johnson Nutrition Co)

Competitive Business. A “Competitive Business” shall mean ”, as defined in this Agreement, is an enterprise that is in the business of offering banking products and/or services, which services and/or products are similar or substantially identical to those offered by the Bank Employers during Executivethe Participant’s employment with the BankEmployers.

Appears in 6 contracts

Samples: Restricted Stock Award Agreement (Atlantic Capital Bancshares, Inc.), Performance Share Award Agreement (Atlantic Capital Bancshares, Inc.), Restricted Stock Unit Agreement (Atlantic Capital Bancshares, Inc.)

Competitive Business. As used in this Agreement, the term “Competitive Business” shall mean an enterprise means and refers to any Person (including, me), and any parent, subsidiary, partner, or affiliate of any Person, that is in engages in, or plans to become engaged in, the business of offering banking products and/or services, which services and/or products are similar or substantially identical to those offered by the Bank during Executive’s employment with the BankBusiness.

Appears in 4 contracts

Samples: Executive Employment Agreement (Cibus Global, Ltd.), Executive Employment Agreement (Cibus Global, Ltd.), Executive Employment Agreement (Cibus Global, Ltd.)

Competitive Business. The term “Competitive Business” shall mean means any person or entity that engages in any business activity that competes with the Company's or an enterprise that is Affiliate's or Subsidiary's business in any way, in any geographic area in which the Company or an Affiliate or Subsidiary engages in business, including, without limitation, any state in the business of offering banking United States in which the Company or an Affiliate or Subsidiary sells or offers to sell its products and/or services, which services and/or products are similar or substantially identical from time to those offered by the Bank during Executive’s employment with the Banktime.

Appears in 3 contracts

Samples: Performance Share Award Agreement (Mead Johnson Nutrition Co), Nonqualified Stock Option Agreement (Mead Johnson Nutrition Co), Restricted Stock Unit Agreement (Mead Johnson Nutrition Co)

Competitive Business. “Competitive Business” shall mean an As used in this Agreement, "competitive business" means any business or enterprise that is engaged in the business of offering banking products and/or services, which services and/or products are similar providing any product or substantially identical to those offered service then or historically provided by the Bank during Executive’s employment with Company, including, but not limited to, computer software or systems for LAN or WAN connectivity to the BankInternet within the geographical areas of the United States, including Alaska and Hawaii, Puerto Rico, and Canada, as well as within the geographical area of any other country, territory or sovereignty in which the Company has a presence by virtue of having established a dealership for its products at the time under consideration.

Appears in 2 contracts

Samples: Employment Agreement (Esoft Inc), Employment Agreement (Esoft Inc)

Competitive Business. A “Competitive Business,shall mean is an enterprise that is in the business of offering banking products and/or services, which services and/or products are similar or substantially identical to those offered by the Bank during Executivethe Participant’s employment service with the Bank.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Atlantic Capital Bancshares, Inc.), Stock Option Agreement (Atlantic Capital Bancshares, Inc.)

Competitive Business. A “Competitive Business,shall mean is an enterprise that is in the business of offering banking products and/or services, which services and/or products are similar or substantially identical to those offered by the Bank during Executivethe Participant’s employment with the Bank.

Appears in 2 contracts

Samples: Stock Option Agreement (Atlantic Capital Bancshares, Inc.), Restricted Stock Award Agreement (Atlantic Capital Bancshares, Inc.)

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Competitive Business. The term “Competitive Business” shall mean an enterprise any business that is in competes with the business of offering banking products and/or servicesthe Company or any of its Subsidiaries, which services and/or products are similar including the design, development, manufacturing, marketing or substantially identical to those offered sale or any product or service of the type designed, developed, manufactured, marketed or sold by the Bank during ExecutiveCompany or any of its Subsidiaries (including, without limitation, any other business which the Company or any of its Subsidiaries have plans to engage in as of the date of Participant’s employment with termination of employment) in any geographical area where the BankCompany or any of its Subsidiaries conduct business.

Appears in 1 contract

Samples: Management Equity Subscription Agreement (Dominion Textile (Usa), L.L.C.)

Competitive Business. “Competitive Business” shall mean an enterprise means a business other than the Company that is researches, develops, makes or sells compounds, products or therapies in the business of offering banking products and/or services, which services and/or products are similar or substantially identical to those offered by the Bank during Executive’s employment with the BankRestricted Field.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Endocyte Inc)

Competitive Business. The term “Competitive Business” shall mean an enterprise that the book retailing business, or any other line of business in which the Company or any of its affiliated companies is in engaged during the business of offering banking products and/or services, which services and/or products are similar or substantially identical to those offered by the Bank during Executive’s employment with the BankEmployment Period.

Appears in 1 contract

Samples: Change in Control Agreement (Books a Million Inc)

Competitive Business. The “Competitive Business” shall mean an enterprise entity that is engaged in a business that is similar to that in which the Company and its subsidiaries is engaged (or is actively planning to become engaged), including the business of offering banking products and/or servicesinvesting, which services and/or products are owning and managing residential mortgage backed securities, mortgage servicing rights, and similar residential mortgage-related investments, or substantially identical to those offered by any entity that may require or inevitably require Employee’s disclosure of the Bank during ExecutiveCompany’s employment with the Banktrade secrets, proprietary information or confidential non-public information.

Appears in 1 contract

Samples: Separation and Release Agreement (Two Harbors Investment Corp.)

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