Covenant Not to Compete Confidentiality. (a) Employee acknowledges that in the course of his employment by the Company he has and will become privy to various economic and trade secrets and relationships of the Company, StaffMark, Inc. and its affiliates. Therefore, in consideration of this Agreement and of the merger by the Company and a subsidiary of StaffMark, Inc., Employee hereby agrees that neither he nor his spouse nor any member of his immediate family that resides with him will, directly or indirectly, except for the benefit of the Company or its affiliates or subsidiaries, or with the prior written consent of the Board of Directors of the Company, which consent may be granted or withheld at the sole discretion of the Company's Board of Directors:
Covenant Not to Compete Confidentiality. During the term of this Agreement and for a period of three (3) years after the termination of this Agreement, neither Consultant nor McMullen shall engage in any activity that competes wxxx xxx line of business engaged in by JJMA, including, but not limited to the business of commercial ship and detail design, naval ship and combat systems and marine technical and management services (collectively, "Line of Business"), whether acting as an officer, director, employee, consultant, shareholder, owner, partner, fiduciary or in any other individual or representative capacity whatsoever, and shall not otherwise use to its or his own advantage, or to the advantage of any other person, corporation, or other entity, or disclose to any other person, corporation, or other entity, any non-public information as to the clients, customers, prospects, properties, prices, sales practices, manner of operation, plans, trade secrets, patents, processes, relationships with clients and customers or any other non-public information concerning the Company or JJMA and/or their respective businesses or solicit or induce (or seek to induce) any employee of JJMA to leave such employment. Notwithstanding the foregoing, Consultant and Dr. John J. McMullen may invest its or his assets in xxxx xxxx xx manner as deemed appropriate; provided, however, that such investments shall not require any substantial services on the part of Consultant or Dr. McMullen in the operation of the affairs of the cxxxxxx xx xxtity in which such investments are made if such company or entity competes with a Line of Business. The parties acknowledge the foregoing covenants are reasonable in scope and necessary for the Company to receive the full benefit of the consulting services to be provides hereunder. The Company shall have the option in its sole discretion to reduce the scope and extent of the foregoing covenants, by written notice to Consultant, either before or after adjudication of the legality or enforceability of said covenants, whereupon said covenants shall be valid and enforceable against Consultant and McMullen. If a court should conclude that the foxxxxxxx covenants are unenforceable according to their terms either because of their duration, the geographic area covered thereby or the scope of the subject matter covered, the parties hereby agree that the court shall reduce such duration, geographic area or scope so that the resulting duration, geographic area and scope shall be the maximum that...
Covenant Not to Compete Confidentiality. (a) Employee acknowledges that in the course of her employment by the Company she has and will become privy to various economic and trade secrets and relationships of the Company and its subsidiaries under its direct control ("Subsidiaries").
Covenant Not to Compete Confidentiality. 6.1 The Executive acknowledges and recognizes that the services to be performed by him hereunder are special, unique and extraordinary and that as a result of his employment hereunder, the Executive will acquire confidential information and trade secrets concerning the operations of the Company. Accordingly, the Executive agrees that until the later to occur of July 1, 1999 and the third anniversary of a change of control resulting in the termination of Executive's employment pursuant to Section 8.3 below (the "Restriction Period"), the Executive will not, directly or indirectly, as an officer, director, stockholder, partner, associate, employee, consultant, owner, agent, creditor, co-venturer or otherwise (A) become or be interested in or associated with any other corporation, firm or business engaged in any business in competition with that of the Company or (B) solicit, direct, take-away, contact or approach (I) any employee of the Company in order to cause such employee to terminate his or her employment with the Company, or (II) any client of the Company in order to cause such client to take its business to an unrelated entity. The Executive's ownership, directly or indirectly, of securities of any entity of not more than two percent (2%) of any class of the issued and outstanding securities of such entity shall not in any event be deemed to be a violation of the provisions of this Section 6.1.
Covenant Not to Compete Confidentiality. The Executive recognizes that the services to be performed hereunder are special, unique, and extraordinary and that by reason of the Executive's prior employment with the Company and the employment contemplated by this Agreement the Executive has acquired and will acquire confidential information and trade secrets concerning the Company's operations ("Company Confidential Information") and the operations of its parent and affiliates ("Affiliate Confidential Information"). Accordingly, it is agreed that:
Covenant Not to Compete Confidentiality. Employee expressly recognizes and acknowledges that:
Covenant Not to Compete Confidentiality. (a) Seller agrees that, during the four year period immediately following the Closing, Seller and its Subsidiaries shall not, directly or indirectly, engage in, or have any financial or other interest in, or manage or operate, or provide or arrange any financing for any Person or business (whether as director, officer, employee, agent, representative, security holder, equity owner, partner, member, consultant or otherwise) involving or engaged in any firm, corporation, partnership, proprietorship or other business entity that engages in the business of manufacturing, selling or distributing Discrete Devices as being conducted by Seller on the date hereof (a "Competing Business"); provided, however, that it shall not be a violation of this Section 7.9 for Seller or any of its Affiliates (i) to own, directly or indirectly, solely as an investment, securities of any Person that are traded on a national securities exchange or the Nasdaq Stock Market (or a recognized securities exchange outside the United States) if Seller or any of its Affiliates (x) is not a controlling Person or a member of a group that controls such Person and (y) does not, directly or indirectly, own more than 7.5% or more of the voting securities of such Person, (ii) to directly or indirectly acquire any Person, provided that not more than 25% of the revenues of such acquired Person for the twelve months preceding the acquisition were derived from the Competing Business and provided that Seller disposes of such Competing Business within eighteen months after the closing date of such acquisition, (iii) to continue operating existing lines of business, other than the Business, or any of the Excluded Assets or (iv) any business permitted to be engaged in by Seller pursuant to the terms of the IP Agreement.
Covenant Not to Compete Confidentiality. (a) In order to induce Buyer and Acquisition Co. to enter into this Agreement and to induce Buyer and Acquisition Co. to consummate the transactions contemplated hereby, each Seller, as well as Hxxxxxx and Axxxxxxx (collectively, the “Restricted Parties”) hereby agree that, for a period of three (3) years after the Closing Date (the “Restricted Period”), such Restricted Party shall not, directly or indirectly, either alone or in conjunction with any other person, whether as a stockholder, partner, member, manager, employee, officer, director, joint venturer, investor, lender, consultant or in any other capacity whatsoever:
Covenant Not to Compete Confidentiality a. CONTRACTOR WILL MAINTAIN IN STRICT CONFIDNENCE ALL CLIENT AND CUSTOMER INFORMATION, INCULDING BUT NOT LIMITED TO, CLIENT AND CUSTOMER NAMES, LOCATIONS AND ANY AND ALL OF WNI’S BUSINESS POLICIES, TRADE SECRETS AND INFORMATION REGARDING ITS BUSINESS MODEL.
Covenant Not to Compete Confidentiality. Seller agrees that for a period of three years after the Closing Date, neither it nor any of its Affiliates will, directly or indirectly, (i) own, manage, operate, control or participate in the ownership, management, operation or control of any business, whether in corporate, proprietorship or partnership form or otherwise, engaged in the design, manufacturing or marketing of the Products or that otherwise competes with the Business or (ii) disclose, reveal, divulge or communicate to any person or entity other than authorized officers, directors and employees of Buyer, or use or other wise exploit for its own benefit or for the benefit of anyone other than Buyer, any Confidential Information (as defined below). Seller shall not have any obligation to keep confidential any Confidential Information if and to the extent disclosure thereof is specifically
