Common use of Confidentiality and Competitive Activities Clause in Contracts

Confidentiality and Competitive Activities. Pezzola 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. Pezzola 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, Pezzola 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 (DSP Communications Inc)

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Confidentiality and Competitive Activities. Pezzola agrees that during the employment term 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. Pezzola 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, Pezzola shall be allowed to invest as a shareholder in publicly traded companies, or through a venture capital firm or an investment pool.a

Appears in 1 contract

Samples: Employment Agreement (DSP Communications Inc)

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Confidentiality and Competitive Activities. Pezzola agrees that during the employment term 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. Pezzola 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, Pezzola shall be allowed to invest as a shareholder in publicly publicly-traded companies, or through a venture capital firm or an investment pool.

Appears in 1 contract

Samples: Employment Agreement (DSP Communications Inc)

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