Common use of Confidentiality and Competitive Activities Clause in Contracts

Confidentiality and Competitive Activities. Gilo agrees that during the employment term he is in a position of special trust and confidence and has access to confidential and proprietary information about the Corporation's business and plans. Gilo agrees that he will not directly or indirectly, either as an employee, employer, consultant, agent, principal, partner, stockholder, corporate officer, director, or in any similar individual or representative capacity, engage or participate in any business that is in competition, in any manner whatsoever, with the Corporation. Notwithstanding anything in the foregoing to the contrary, Gilo shall be allowed to invest as a shareholder in publicly traded companies, or through a venture capital firm or an investment pool.

Appears in 4 contracts

Samples: Employment Agreement (Vyyo Inc), Employment Agreement (DSP Communications Inc), Employment Agreement (DSP Communications Inc)

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Confidentiality and Competitive Activities. Gilo agrees that during the employment term Term he is in a position of special trust and confidence and has access to confidential and proprietary information about the Corporation's ’s business and plans. Gilo agrees that he will not directly or indirectly, either as an employee, employer, consultant, agent, principal, partner, stockholder, corporate officer, director, or in any similar individual or representative capacity, engage or participate in any business that is in competition, in any manner whatsoever, with the Corporation. Notwithstanding anything in the foregoing to the contrary, Gilo shall be allowed to invest as a shareholder in publicly traded companies, or through a venture capital firm or an investment pool.

Appears in 2 contracts

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

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Confidentiality and Competitive Activities. Gilo agrees that during the employment term he is in a position of special trust and confidence and has access to confidential and proprietary information about the Corporation's business and plans. Gilo agrees that he will not directly or indirectly, either as an employee, employer, consultant, agent, principal, partner, stockholder, corporate officer, director, or in any similar individual or representative capacity, engage or participate in any business that is in competition, in any manner whatsoever, with the Corporation. Notwithstanding anything in the foregoing to the contrary, Gilo shall be allowed to invest as a shareholder in publicly traded companies, or through a venture capital firm or an investment pool. 5.

Appears in 1 contract

Samples: Employment Agreement (Vyyo Inc)

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