Conflicting Organization Sample Clauses

Conflicting Organization. “Conflicting Organization” shall mean any person, entity, or organization engaged (or about to become engaged) in a business similar to, or that competes with, the business of the Bank in the Bank’s Market Area, including without limitation any bank or financial institution (including without limitation any trust company, finance company, or leasing company) in the Bank’s Market Area.
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Conflicting Organization. As used in this Agreement, a “Conflicting Organization” means any person or organization that is engaged in or is about to become engaged in the design, research, development, production, marketing, distribution, leasing, licensing, selling, or servicing of a Conflicting Product or Service.
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Conflicting Organization. As used in this Agreement, a "Conflicting Organization" means any person or organization other than FirePond which is engaged in or is about to become engaged in the design, research, development, production, marketing, distribution, leasing, licensing, selling, or servicing of a Conflicting Product, including without limitation and by way of example only, the persons or organizations listed on Schedule Conflicting Organizations, attached hereto. To the extent an organization is listed which has multiple divisions or business units, e.g., Oracle, Conflicting Organization shall not include such non Sales Force Automation/technology enabled customer relationship divisions or business units, provided no assistance is offered or rendered by a party to any part of such organization relating to Sales Force Automation/technology enabled customer relationship products or services, e.g. by way of example, EP Group may provide services to Oracle in non Sales Force Automation applications. Directly compete means licensing or selling software and services within the Sales Force Automation and technology enabled customer relationship spaces as such terms are commonly known in the software industry. SOFT OS and the EP Group understand that the restrictions set forth in this Section 8 are intended to protect FirePond's legitimate interest in its Confidential Information, business interests, and customer relationships and goodwill, and agree that such restrictions are necessary, reasonable and appropriate for this purpose. To the extent EP Group utilizes further subcontractor Resources, such persons shall execute the attached Agreement Regarding Inventions, Confidentiality and Non-competition. Solely with respect to the EP Group, during the Term of this Agreement up to termination of this Agreement and for one (1) year thereafter, (the "Non-competition Periods"), EP and/or EPAM shall not, directly or indirectly, whether as owner, partner, shareholder, director, officer, consultant, agent, employee, co-venturer or otherwise: (a) participate in, invest in, organize or assist in organizing, work for or contract with, any Conflicting Organization; or (b) sell or assist in the design, development, manufacture, licensing, sale or support of any Conflicting Product, or (c) solicit FirePond customers, disparage FirePond, or hire or solicit to hire any FirePond contractors (including Resources who have been engaged by or have worked on any FirePond developments, EXHIBIT 10.7 -----...
Sample 1
Conflicting Organization. For purposes of paragraph 6.1(a), the term "Conflicting Organization" shall mean (i) any of Ameritech Services, Inc., Bell Xxxantic NSI Holdings, Inc., BellSouth Telecommunications, Inc., Pacific Bell, Xxuthwestern Bell Xxxephone Company, Telesector Resources Group, Inc., U. S. West Communications, Inc., or any of their respective parent companies, subsidiaries or affiliates, or (ii) any person or organization which (A) is engaged in or about to become engaged in conducting research, development of products or services or offering or marketing products or services which compete or are intended to compete with the research, products or services of Bellcore or SAIC, or (B) if Officer rendered
Sample 1

Related to Conflicting Organization

  • Conflicting Obligations Consultant certifies that Consultant has no outstanding agreement or obligation that is in conflict with any of the provisions of this Agreement, or that would preclude Consultant from complying with the provisions hereof, and further certifies that Consultant will not enter into any such conflicting agreement during the term of this Agreement.

  • No Conflicting Obligation I represent that my performance of all the terms of this Agreement and as an employee of the Company does not and will not breach any agreement to keep in confidence information acquired by me in confidence or in trust prior to my employment by the Company. I have not entered into, and I agree I will not enter into, any agreement either written or oral in conflict herewith.

  • Conflicting Activities (1) Executive shall not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, business entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not unreasonably impede his performance as executive for the Company.

  • Conflicting Interests If the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture. To the extent permitted by such Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Securities of more than one series.

  • No Conflicting Obligations The Executive represents and warrants to the Company that he is under no obligations or commitments, whether contractual or otherwise, that are inconsistent with his obligations under this Agreement. The Executive represents and warrants that he will not use or disclose, in connection with his Employment, any trade secrets or other proprietary information or intellectual property in which the Executive or any other person has any right, title or interest and that his Employment will not infringe or violate the rights of any other person. The Executive represents and warrants to the Company that he has returned all property and confidential information belonging to any prior employer.

  • Conflicting Advice In the event of a conflict between directions, advice or instructions ALPS receives from the Fund or any service provider and the advice ALPS receives from counsel, ALPS may in its sole discretion rely upon and follow the advice of counsel. ALPS will provide the Fund with prior written notice of its intent to follow advice of counsel that is materially inconsistent with directions, advice or instructions from the Fund. Upon request, ALPS will provide the Fund with a copy of such advice of counsel.

  • Conflicting Agreements The Executive hereby represents and warrants that the execution of this Agreement and the performance of his obligations hereunder will not breach or be in conflict with any other agreement to which the Executive is a party or is bound and that the Executive is not now subject to any covenants against competition or similar covenants or any court order or other legal obligation that would affect the performance of his obligations hereunder. The Executive will not disclose to or use on behalf of the Company any proprietary information of a third party without such party’s consent.

  • Conflicting Claims If conflicting claims or demands are made or asserted with respect to any interest of any Holder in any Exchangeable Shares, including any disagreement between the heirs, representatives, successors or assigns succeeding to all or any part of the interest of any Holder in any Exchangeable Shares resulting in conflicting claims or demands being made in connection with such interest, then the Trustee shall be entitled, at its sole discretion, to refuse to recognize or to comply with any such claim or demand. In so refusing, the Trustee may elect not to exercise any Voting Rights, Exchange Right or Automatic Exchange Rights subject to such conflicting claims or demands and, in so doing, the Trustee shall not be or become liable to any person on account of such election or its failure or refusal to comply with any such conflicting claims or demands. The Trustee shall be entitled to continue to refrain from acting and to refuse to act until:

  • Disqualification; Conflicting Interests If the Trustee has or shall acquire any “conflicting interest” within the meaning of Section 310(b) of the Trust Indenture Act, the Trustee and the Company shall in all respects comply with the provisions of Section 310(b) of the Trust Indenture Act.

  • Conflicting Demands If conflicting or adverse claims or demands are made or notices served upon the Escrow Agent with respect to the escrow provided for herein, the Company and the Purchasers agree that the Escrow Agent shall refuse to comply with any such claim or demand and withhold and stop all further performance of this escrow so long as such disagreement shall continue. In so doing, the Escrow Agent shall not be or become liable for damages, losses, costs, expenses or interest to any or any other person for its failure to comply with such conflicting or adverse demands. The Escrow Agent shall be entitled to continue to so refrain and refuse to so act until such conflicting claims or demands shall have been finally determined by a court or arbitrator of competent jurisdiction or shall have been settled by agreement of the parties to such controversy, in which case the Escrow Agent shall be notified thereof in a notice signed by such parties. The Escrow Agent may also elect to commence an interpleader or other action for declaratory judgment for the purpose of having the respective rights of the claimants adjudicated, and may deposit with the court all funds held hereunder pursuant to this Escrow Agreement; and if it so commences and deposits, the Escrow Agent shall be relieved and discharged from any further duties and obligations under this Escrow Agreement.

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