Common use of Confidentiality and Noncompetition Clause in Contracts

Confidentiality and Noncompetition. 10.1. The Executive will not, during or after the Term, without the prior written consent of the Parent or as may otherwise be required by law or legal process, disclose to any entity or person any information which is treated as confidential by Parent or the Company or any of their subsidiaries or affiliates (each, an "EE Entity"), and not generally known or available in the marketplace, and to which the Executive gains access by reason of his position as an employee or director of any EE Entity. 10.2. Except as permitted by Parent or the Company upon its prior written consent, the Executive shall not, during the Executive's employment with the EE Entities and for the period ending one year after the Executive's employment with the EE Entities terminates for any reason enter, directly or indirectly, into the employ of or render or engage in, directly or indirectly, any services to any person, firm or corporation within the "Restricted Territory," which is a major competitor of any EE Entity with respect to products which any EE Entity is then producing or services which any EE Entity is then providing (a "Competitor"). However, it shall not be a violation of the immediately preceding sentence for the Executive to be employed by, or render services to, a Competitor, if the Executive renders those services only in lines of business of the Competitor which are not directly competitive with a primary line of business of any EE Entity or are outside of the Restricted Territory. For purposes of this Section 10.2, the "Restricted Territory" shall be the states and/or commonwealths of Connecticut, Vermont, Massachusetts, New Hampshire, Maine and Rhode Island.

Appears in 2 contracts

Samples: Merger Agreement (CTG Resources Inc), Employment Agreement (Energy East Corp)

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Confidentiality and Noncompetition. 10.1. 10.1 The Executive will not, during or after the Term, without the prior written consent of the Parent or as may otherwise be required by law or legal process, disclose to any entity or person any information which is treated as confidential by Parent Energy East or the Company or any of their subsidiaries or affiliates (each, an "EE Entity")affiliates, and not generally known or available in the marketplace, and to which the Executive gains access by reason of his position as an employee or director of Energy East, the Company or any of their respective subsidiaries (each, an "EE Entity"). 10.2. 10.2 Except as permitted by Parent Energy East or the Company upon its prior written consent, the Executive shall not, during the Executive's employment with hereunder, and, if at any time prior to the EE Entities and one year anniversary of the Effective Time the Executive terminates his own employment for Good Reason or the Company terminates his employment without Cause, for the period ending one on the one-year after anniversary of the Executive's employment with the EE Entities terminates for any reason Effective Time, enter, directly or indirectly, into the employ of or render or engage in, directly or indirectly, any services to any person, firm or corporation within the "Restricted Territory," which is a major competitor of any EE Entity with respect to products which any EE Entity is then producing or services which any EE Entity is then providing (a "Competitor"). However, it shall not be a violation of the immediately preceding sentence for the Executive to be employed by, or render services to, a Competitor, if the Executive renders those services only in lines of business of the Competitor which are not directly competitive with a primary line of business of any EE Entity or are outside of the Restricted Territory. For purposes of this Section 10.2, the "Restricted Territory" shall be the states and/or commonwealths of Connecticut, Vermont, Massachusetts, New Hampshire, Maine and Rhode Island.

Appears in 1 contract

Samples: Employment Agreement (Rochester Gas & Electric Corp)

Confidentiality and Noncompetition. 10.1. 10.1 The Executive will not, during or after the Term, without the prior written consent of the Parent or as may otherwise be required by law or legal process, disclose to any entity or person any information which is treated as confidential by Parent Energy East or the Company or any other subsidiary or affiliate of their Energy East (Energy East, the Company and such subsidiaries or affiliates (eachand affiliates, an collectively, the "EE EntityEntities"), and not generally known or available in the marketplace, ) and to which the Executive gains access by reason of his position as an employee or director of any EE Entity. 10.2. 10.2 Except as permitted by Parent or the Company Energy East upon its prior written consent, the Executive shall not, during the Executive's employment with hereunder, and if, at any time prior to the EE Entities and end of the Term, the Executive terminates his own employment for the Good Reason or Energy East terminates his employment without Cause for a twelve-month period ending one year after the Executive's employment with the EE Entities terminates for any reason immediately following his Date of Termination, enter, directly or indirectly, into the employ of or render or engage in, directly or indirectly, any services to any person, firm or corporation within the "Restricted Territory," which is a major competitor of any EE Entity with respect to products which any EE Entity is then producing or services which any EE Entity is then providing (a "Competitor"). However, it shall not be a violation of the immediately preceding sentence for the Executive to be employed by, or render services to, a Competitor, if the Executive renders those services only in lines of business of the Competitor which are not directly competitive with a the primary line lines of business of any the EE Entity Entities or are outside of the Restricted Territory. For purposes of this Section 10.2, the "Restricted Territory" shall be the states and/or commonwealths of Connecticut, Vermont, Massachusetts, New Hampshire, Maine and Rhode Island.

Appears in 1 contract

Samples: Employment Agreement (Energy East Corp)

Confidentiality and Noncompetition. 10.1. The Executive will not, during or after the Term, without the prior written consent of the Parent or as may otherwise be required by law or legal process, disclose to any entity or person any information which is treated as confidential by Parent or Parent, the Company Company, RG&E, NYSEG, or any of their subsidiaries or affiliates (each, an "EE Entity"), and not generally known or available in the marketplace, and to which the Executive gains access by reason of his position as an employee or director of any EE Entity. 10.2. Except as permitted by Parent or the Company upon its prior written consent, the Executive shall not, during the Executive's employment with the EE Entities and for the period ending one year after the Executive's employment with the EE Entities terminates for any reason reason, other than a termination of employment by Parent or the Company without Cause or a resignation by the Executive for Good Reason, enter, directly or indirectly, into the employ of or render or engage in, directly or indirectly, any services to any person, firm or corporation within the "Restricted Territory," which is a major competitor of any EE Entity with respect to products which any EE Entity is then producing or services which any EE Entity is then providing (a "Competitor"). However, it shall not be a violation of the immediately preceding sentence for the Executive to be employed by, or render services to, a Competitor, if the Executive renders those services only in lines of business of the Competitor which are not directly competitive with a primary line of business of any EE Entity or are outside of the Restricted Territory. For purposes of this Section 10.2, the "Restricted Territory" shall be the states and/or commonwealths of Connecticut, VermontMaine, Maryland, Massachusetts, New Hampshire, Maine and New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.

Appears in 1 contract

Samples: Employment Agreement (Energy East Corp)

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Confidentiality and Noncompetition. 10.1. The Executive will not, during or after the Term, without the prior written consent of the Parent or as may otherwise be required by law or legal process, disclose to any entity or person any information which is treated as confidential by Parent Energy East or the Company or any of their subsidiaries or affiliates (each, an "EE Entity")affiliates, and not generally known or available in the marketplace, and to which the Executive gains access by reason of his her position as an employee or director of Energy East, the Company or any of their respective subsidiaries (each, an “EE Entity”). 10.2. Except as permitted by Parent Energy East or the Company upon its prior written consent, the Executive shall not, during the Executive's ’s employment with hereunder, and, if at any time prior to the EE Entities and one year anniversary of the Effective Time the Executive terminates her own employment for Good Reason or the Company terminates her employment without Cause, for the period ending one on the one-year after anniversary of the Executive's employment with the EE Entities terminates for any reason Effective Time, enter, directly or indirectly, into the employ of or render or engage in, directly or indirectly, any services to any person, firm or corporation within the "Restricted Territory," which is a major competitor of any EE Entity with respect to products which any EE Entity is then producing or services which any EE Entity is then providing (a "Competitor"). However, it shall not be a violation of the immediately preceding sentence for the Executive to be employed by, or render services to, a Competitor, if the Executive renders those services only in lines of business of the Competitor which are not directly competitive with a primary line of business of any EE Entity or are outside of the Restricted Territory. For purposes of this Section 10.2, the "Restricted Territory" shall be the states and/or commonwealths of Connecticut, Vermont, Massachusetts, New Hampshire, Maine and Rhode Island.

Appears in 1 contract

Samples: Employment Agreement (Avangrid, Inc.)

Confidentiality and Noncompetition. 10.1. The Executive will not, during or after the Term, without the prior written consent of the Parent or as may otherwise be required by law or legal process, disclose to any entity or person any information which is treated as confidential by Parent Energy East or the Company or any of their subsidiaries or affiliates (each, an "EE Entity")affiliates, and not generally known or available in the marketplace, and to which the Executive gains access by reason of his the Executive's position as an employee or director of Energy East, the Company or any of their respective subsidiaries (each, an "EE Entity"). 10.2. Except as permitted by Parent Energy East or the Company upon its prior written consent, the Executive shall not, during the Executive's employment with hereunder, and, except in the EE Entities and case of a termination to which Section 7.2 applies, for the period ending one year after period following the Executive's employment with the EE Entities terminates for any reason Date of Termination, enter, directly or indirectly, into the employ of or render or engage in, directly or indirectly, any services to any person, firm or corporation within the "Restricted Territory," which is a major competitor of any EE Entity with respect to products which any EE Entity is then producing or services which any EE Entity is then providing (a "Competitor"). However, it shall not be a violation of the immediately preceding sentence for the Executive to be employed by, or render services to, a Competitor, if the Executive renders those services only in lines of business of the Competitor which are not directly competitive with a primary line of business of any EE Entity or are outside of the Restricted Territory. For purposes of this Section 10.2, the "Restricted Territory" shall be the states and/or commonwealths of Connecticut, Vermont, Massachusetts, New Hampshire, Maine and Rhode Island.

Appears in 1 contract

Samples: Employment Agreement (Rochester Gas & Electric Corp)

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