Common use of Competitive Service or Product Clause in Contracts

Competitive Service or Product. “Competitive Service or Product” means those services or products offered by a Competing Financial Services Organization that are the same as or competitive with those services or products offered by the Corporation, the Bank or any of their Affiliates at the Date of Termination or which have been approved by the Corporation, the Bank or any of their Affiliates to be offered within ninety (90) days of the Date of Termination.

Appears in 6 contracts

Samples: Executive Employment Agreement (Parkway Acquisition Corp.), Employment Agreement (First Community Bancshares Inc /Nv/), Employment Agreement (First Community Bancshares Inc /Nv/)

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Competitive Service or Product. “Competitive Service or Product” means those services or products offered by a Competing Financial Services Organization that are the same as or competitive with those services or products offered by the Corporation, the Bank or any of their Affiliates Employer at the Termination Date of Termination or which have been approved by the Corporation, the Bank or any of their Affiliates Employer to be offered within ninety (90) days of the Date of TerminationTermination Date.

Appears in 4 contracts

Samples: Change in Control Agreement (Parkway Acquisition Corp.), Change in Control Agreement (Parkway Acquisition Corp.), Change in Control Agreement (Parkway Acquisition Corp.)

Competitive Service or Product. Competitive Service or Product" means those services or products offered by a Competing Financial Services Organization that are the same as or competitive with those services or products offered by the Corporation, the Bank or any of their Affiliates at the Date of Termination or which have been approved by the Corporation, the Bank or any of their Affiliates to be offered within ninety (90) days of the Date of Termination.

Appears in 2 contracts

Samples: Executive Employment Agreement (Parkway Acquisition Corp.), Executive Employment Agreement (Parkway Acquisition Corp.)

Competitive Service or Product. “Competitive Service or Product” means those services or products offered by a Competing Financial Services Organization that are the same as or competitive with those services or products offered by the Corporation, the Bank Corporation or any of their Affiliates its Successor at the Date of Termination or which have been approved by the Corporation, the Bank or any of their Affiliates to be offered within ninety (90) days of the th Date of Termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Parkway Acquisition Corp.)

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Competitive Service or Product. Competitive Service or Product" means those services or products offered by a Competing Financial Services Organization that are the same as or competitive with those services or products offered by the Corporation, the Bank or any of their Affiliates Employer at the Termination Date of Termination or which have been approved by the Corporation, the Bank or any of their Affiliates Employer to be offered within ninety (90) days of the Date of TerminationTermination Date.

Appears in 1 contract

Samples: Change in Control Agreement (Parkway Acquisition Corp.)

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