Competitive Ventures. The Company is engaged throughout the United States in the development and marketing of information systems, including computer software and related services, for hospitals, physician groups, laboratories, and clinics, and also for providers of information services to such groups (such activities, products and services being referred to herein as the ("Medical Information Systems Business"). Optionee recognizes that the Company's medical information systems work together and are designed to share common files, architectures, a "look and feel," and other elements. In the event of the termination of Optionee's employment hereunder for any reason, the Optionee agrees that for a period of twelve (12) months from the date of such termination (the "Prohibition Period"), he/she will not:
Competitive Ventures. The Company is engaged --------------------- throughout the United States in the development and marketing of information systems, including computer software and related services, for hospitals, physician groups, laboratories, and clinics, and also for providers of information services to such groups (such activities, products and services being referred to herein as the "Medical Information Systems Business"). Employee recognizes that the Company's medical information systems work together and are designed to share common files, architectures, a "look and feel," and other elements. In the event of the resignation by the Employee or termination of Employee's employment for Cause, the Employee agrees that for a period of twelve (12) months from the date of such termination (the "Prohibition Period"), he will not:
Competitive Ventures. The Company is engaged throughout the United States in the development and marketing of information systems, including computer software and related services, for hospitals, physician groups, laboratories, and clinics, and also for providers of information services to such groups (such activities, products and services being referred to herein as the "Medical Information Systems Business"). Employee recognizes that the Company's medical information systems work together and are designed to share common files, architectures, a "look and feel," and other elements. Subject to the limitations set forth in Section 7.5 below, in the event of the termination of Employee's employment hereunder for any reason, the Employee agrees that for a period of twelve (12) months from the date of such termination (the "Prohibition Period"), he will not:
Competitive Ventures. The Company is engaged throughout the United States, United Kingdom and Canada in the development and marketing of information systems, including computer software and related services, for hospitals, physician groups, laboratories, and clinics, and also for providers of information services to such groups (such activities, products and services being referred to herein as the “Medical Information Systems Business”). Executive recognizes that the Company’s medical information systems work together and are designed to share common files, architectures, a “look and feel,” and other elements. In the event of the resignation by the Executive or termination of Executive’s employment for Cause, the Executive agrees that for a period of twenty-four (24) months from the date of such termination (the “Prohibition Period”), he will not:
Competitive Ventures. OJT, ORBA and JBC agree that during the Term hereof, none of them, nor any subsidiary of any of them, shall have any material financial interest in any coal transshipment facilities located on the Mississippi River within 200 river miles of the Facility unless all proposals for the transshipment of coal through such facilities shall first have been submitted to Interstate for approvals as Third Party Coal contracts for the Facility, or any such potential Third Party User shall have certified to OJT and Interstate in writing its objections to use of the Facility, specifying the reasons therefor provided that nothing contained herein shall limit the right of either ORBA or JBC, or any affiliate of either, from participating in the design, construction or erection of any coal handling facilities, nor shall the provision hereof extend to any contact with a single transshipper for an annual volume of coal in excess of the then remaining unused reasonable capacity of the Facility.
Competitive Ventures. The Company acknowledges that, during the Consulting Period, the Consultant will engage in other business endeavors, one or more of which may be competitive with the businesses of the Company.
Competitive Ventures. It is understood that Property Manager is engaged in the development, management, leasing and sale of real estate similar to the business of Owner and may, from time to time, agree to develop, manage, lease and sell other real estate which may compete with the business of Owner. Owner hereby consents to the pursuit of such competitive ventures by Property Manager and acknowledges that such ventures shall not be deemed wrongful or improper so long as neither Property Manager nor its affiliates shall solicit any Tenants in the Premises or attempt to induce such Tenants to relocate out of the Premises and into a competing property owned, controlled, or managed directly or indirectly by Property Manager or any affiliate thereof during the term of such Tenant's lease in the Premises. Property Manager agrees to fulfill its duties under this Agreement in a first class manner and shall use its best efforts to market the Premises to all qualified prospective tenants interested in occupying Class A office space in Charlotte, North Carolina.
Competitive Ventures. 4.5.1 Each Member agrees that neither it nor its Affiliates will develop, purchase, own or manage any competitive hotel (other than a Property or other hotels in respect of which any Member has undertaken any planning or development activity, or that is owned, operated by any Member or their respective Affiliates, as of the date hereof) within a five-mile radius of any of the Properties (a “Competitive Venture”) unless, with respect to each such Competitive Venture, the acquiring or developing party has offered to the other Member hereunder the right to participate in the ownership, development and management of such property on terms substantially similar to the terms available to the offering Member, at the rate of 66.7% Investor Member participation/ 33.3% Waterford Member participation, in the case of a Competitive Venture located within five miles of a Stabilized Asset, and at the rate of 50% Investor Member participation/50% Waterford Member participation, in the case of a Competitive Venture located within five miles of a Development Asset, together, in each case, with a management agreement with Property Manager in the form incorporated herein by reference. If the proposed Competitive Venture is within five miles of both a Development Asset and a Stabilized Asset, the participation percentage shall be determined by the nearest asset.
