COVENANT OF NON-COMPETITION. The Executive agrees that while employed by the Company and for a period of twenty-four (24) months following the cessation of his employment for any reason, he will not compete with the Business of Company by performing services of the same or similar type as those he performed for the Company as an employee, contractor, consultant, officer, director or agent for any person or entity engaged in the Business of Company. Likewise, the Executive will not perform activities of the type which in the ordinary course of business would involve the utilization of Confidential Information or Trade Secrets protected from disclosure by Section 4 (c) of this Agreement. This paragraph restricts competition only within the Territory.
COVENANT OF NON-COMPETITION. Executive agrees that he shall not, during the Employment Period and for a period of twelve (12) months thereafter, engage in any business or activities, whether directly or indirectly, which is competitive with the Company.
COVENANT OF NON-COMPETITION. For a period during Employee's employment and ending five (5) years after termination of Employee's employment under this Agreement (whether such termination occurs because of a breach of this Agreement by the Company or by Employee or because of a termination of this Agreement by Company or Employee): (a) the Employee will not, directly or indirectly, within any parish or municipality in Louisiana or in any other state or foreign jurisdiction in which customers of the Company are located or reside, solicit, induce or otherwise contact customers of the Company for the purpose of soliciting business from the Company's customers, or any other purpose whatsoever which is detrimental to the Company or its business; (b) the Employee will not, directly or indirectly, within any parish or municipality in Louisiana or in any other state or foreign jurisdiction in which Company engages in or has engaged in business, own, manage, operate, control, be employed by, consult with, participate in, or be connected in any manner with the ownership, management, operation or control of any business, enterprise, or entity (including a sole proprietorship of Employee) which: (i) owns, operates or controls any geophysical services business, which business includes but is not limited to the provision of seismic drilling and support services, the transportation of equipment used in connection with seismic drilling and support services, and the design and manufacture of such equipment, or (ii) owns, operates or controls any business which competes with the Company. In the event of any actual or threatened breach by the Employee of the provisions of this Agreement, Employee agrees that Company shall not have an adequate remedy at law and the Company shall be entitled to an injunction restraining the Employee from owning, managing, operating, controlling, being employed by, participating in, or being in any way so connected with any activity which is prohibited in this Section 7 and/or the solicitation of any business on his behalf or on behalf of others from any customer. Nothing herein stated shall be construed as prohibiting Company from pursuing any other remedies available to the Company for such breach or threatened breach including the recovery of damages from the Employee.
COVENANT OF NON-COMPETITION. In consideration of the undertakings by the Corporation herein, Xxxxx covenants for the benefit of the Corporation and the shareholders thereof as follows:
COVENANT OF NON-COMPETITION. In consideration of the Company's covenants set forth in Article IV of this Agreement, the Employee hereby confirms his obligations set forth in the employment agreement between him and the Company, dated February 1, 1995 (the so-called Radyne Termsheet), including but not limited to his covenant (whether or not a separate non-competition agreement has been executed as required by Paragraph 4 of such employment agreement) to refrain from ownership of, operation of, or employment (as an employee, consultant, independent contractor or otherwise) by, any entity or business that competes with the Company, during the two-year period commencing on the date on which his employment by the Company is terminated either involuntarily for cause or voluntarily, in either case within the meaning of Article V of this Agreement. This covenant may be enforced by the Company via injunctive relief and/or an action for damages. TIME IS OF THE ESSENCE Time is of the essence of the Agreement.
COVENANT OF NON-COMPETITION. The Company and Executive hereby acknowledge the highly competitive nature of the Company’s businesses. Accordingly, the parties covenant and agree that Executive shall not, other than for the direct purpose of his duties as Executive of the Company, directly or indirectly engage in the business of developing, manufacturing, selling or distributing explosive cladding products or technologies developed manufactured or sold by the Company or its affiliates, as of the duration of the Employment Agreement and up to two (2) years following the Executive’s termination.
COVENANT OF NON-COMPETITION. HPS Group agrees that it will not provide any Software Services to any of the competitors of the Company listed below:
COVENANT OF NON-COMPETITION a. During the Term of this Agreement, Covenantor agrees that he shall not knowingly, directly or indirectly, compete with the Company or the Parent in the businesses of manufacturing or distributing precision motion control mechanisms for medical, dental, commercial or industrial markets, whether alone or in association with any other individual or entity, whether as an employee owner, partner, shareholder, consultant, member, inventor, lender, investor, or advisor, of any business in which Covenantor shall have any ownership interest or which accords any pecuniary benefit to Covenantor, in the greater Los Angeles, California area, in the Colorado Springs-Denver-Boulder corridor in Colorado, or in any market form which the Company shall have derived twenty percent (20%) or more of its revenues in any year;
COVENANT OF NON-COMPETITION. I agree that during the term of my employment by Senior Salon Services, and for twelve months after the termination of my employment, regardless of whether my employment was terminated voluntarily or for poor performance, negligence, cause or no reason, I will not directly or indirectly, either alone or in association with any person, partnership, corporation, firm or any other entity; (i)solicit the employment, consulting, or other services of hire or retain or otherwise induce any employees to leave Senior Salon’s employment or to breach an employment agreement or any other agreement with Senior Salon; or (ii) solicit any contractor or vendor to Senior Salon who provides services or products to Senior Salon in any respect; or (iii) induce to attempt to induce any supplier, licensee or other business relationships or Senior Salon to cease doing business with Senior Salon or in any way interfere with the business relationship with Senior Salon.
COVENANT OF NON-COMPETITION. For a period, lasting years from the Effective Date of this Agreement, the Promoter will not directly or indirectly engage in any business which competes with the Sponsor, and [ ] If elected, the Sponsor will not directly or indirectly engage in any business which competes with the Promoter. This covenant applies to a geographical area of , and a market including transactions which may occur . Parties acknowledge that it is a material breach of this Agreement to (a) Be employed or otherwise interested in, either direct or indirect, to a business similar to that conducted by the Sponsor, and (b) to Compete with the Sponsor. Trade Secrets are assets of the Sponsor. Unless written consent of All Shareholders is obtained for the disclosure of such secrets, the disclosure of these Trade Secrets is a material breach of this Agreement. Trade secrets include but are not limited to: Technical specifications, contacts of customers and Sponsors, internal Corporation matters, and proprietary processes, research, communications, or intellectual property. The general prohibition of disclosure of such Trade Secrets is perpetual in term.
