Common use of Confidentiality and Covenant Not to Compete Clause in Contracts

Confidentiality and Covenant Not to Compete. The Executive covenants and agrees that he will not at any time during and after the end of the Term, directly or indirectly, use for his own account, or disclose to any person, firm or corporations, other than authorized officers, directors and employees of the Company or its subsidiaries, Confidential Information of the Company. During the term of this Agreement and for a period of eighteen months after the termination of this agreement, Executive shall not, without the express written consent of the Company, engage in any activity competitive with and/or adverse to the Company's business or practice (whether alone, as a partner, or as an officer, director, Executive or shareholder of any other corporation, or a trustee or fiduciary or any other representative of any other entity).

Appears in 2 contracts

Samples: Asset Purchase Agreement (Ubrandit Com), Asset Purchase Agreement (Ubrandit Com)

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Confidentiality and Covenant Not to Compete. The Executive covenants and agrees that he will not at any time during and after the end of the Term, directly or indirectly, use for his own account, or disclose to any person, firm or corporations, other than authorized officers, directors and employees of the Company or its subsidiaries, Confidential Information of the Company. During the term of this Agreement and for a period of eighteen twelve months after the termination of this agreement, Executive shall not, without the express written consent of the Company, engage in any activity competitive with and/or adverse to the Company's business or practice (whether alone, as a partner, or as an officer, director, Executive or shareholder of any other corporation, or a trustee or fiduciary or any other representative of any other entity).

Appears in 2 contracts

Samples: Asset Purchase Agreement (Ubrandit Com), Asset Purchase Agreement (Ubrandit Com)

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