Common use of Consideration for the Issued Shares Clause in Contracts

Consideration for the Issued Shares. (a) In consideration for the Company’s issuance and allotment or procuring the issuance and allotment of the Issued Shares or making the Cash Payment, the Allottee undertakes that he shall not, at any time during the period starting from the date hereof and ending on 31st December 2011, without the prior written consent of the Board, directly or indirectly engage in, or have any equity interest in, provide any services, consulting or otherwise, or manage or operate any person, firm, corporation, partnership or business (whether as director, officer, employee, agent, representative, partner, security holder, consultant or otherwise) that engages in any business which competes with any business of the Company or its Affiliates.

Consideration for the Issued Shares. (a) In consideration for the Company’s issuance and allotment or procuring the issuance and allotment of the Issued Shares or making the Cash PaymentShares, the Allottee undertakes that he shall not, at any time during the period starting from the date hereof and ending on 31st December 2011, without the prior written consent of the Boardboard, directly or indirectly engage in, or have any equity interest in, provide any services, consulting or otherwise, or Shares Issuance Agreement manage or operate any person, firm, corporation, partnership or business (whether as director, officer, employee, agent, representative, partner, security holder, consultant or otherwise) that engages in any business which competes with any business of the Company or its Affiliates.

Consideration for the Issued Shares. (a) In consideration for the Company’s issuance and allotment or procuring the issuance and allotment of the Issued Shares or making the Cash Payment, the each Allottee undertakes that he he/she shall not, at any time during after the period starting from the date hereof execution of this Agreement and ending on 31st December 2011within his/her respective Non-Competition Period, without the prior written consent of the BoardCompany, directly or indirectly engage in, or have any equity interest in, provide any services, consulting or otherwise, or manage or operate any person, firm, corporation, partnership or business (whether as director, officer, employee, agent, representative, partner, security holder, consultant or otherwise) that engages in any business which competes with any business of Winclick, the Company or its their Affiliates.