Covenants and Confidential Information. (a) The Employee agrees that so long as he is employed by the Company and for a period of one (1) year thereafter and, as to subsection 9(a)(v) below, at any time after the Term of Employment he will not, directly or indirectly, do or suffer any of the following: (i) Own, manage, control or participate in the ownership, management or control of, or be employed or engaged by or otherwise affiliated or associated as a consultant, independent contractor or otherwise with, any other corporation, partnership, proprietorship, firm, association or other business entity or otherwise engage in any business that is engaged in any manner in, or otherwise competes with, the business of the Company or any of the Company's affiliates or subsidiaries (as conducted on the date the Employee ceases to be employed by the Company in any capacity, including as a consultant) in any state in the United States or any foreign country in which the Company or such affiliates or subsidiaries are then doing business and then only with respect to the business of the Company, its affiliates or subsidiaries then being conducted in such states or countries; provided, however, that the ownership of not more than 1% of the stock of any publicly traded corporation shall not be deemed a violation of this covenant. (ii) Employ, assist in employing, or otherwise associate in business with any present or former or future employee, officer or agent of the Company or any of the Company's affiliates or subsidiaries. (iii) Induce any person who is an employee, officer, agent, customer or supplier of the Company or any of the Company's affiliates or subsidiaries to terminate said relationship. (iv) Solicit or direct business of any current or prospective customers of the Company, its affiliates or subsidiaries, who are current or prospective customers during the Term of Employment, either for himself or for any other individual or entity or advise any person or entity with respect thereto. As used herein, "customer" means any customer of the Company or its affiliates or subsidiaries whose identity the Employee learned through his employment with the Company or with whom the Employee and/or the Company had business contact during the twelve (12) month period immediately before the Employee's employment with the Company terminated.
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Covenants and Confidential Information. (a) The Employee agrees that so long as he is employed by the Company and for a period of one (1) year thereafter and, as to subsection 9(a)(v10(a)(v) below, at any time after the Term of Employment he will not, directly or indirectly, do or suffer any of the following:
(i) Own, manage, control or participate in the ownership, management or control of, or be employed or engaged by or otherwise affiliated or associated as a consultant, independent contractor or otherwise with, any other corporation, partnership, proprietorship, firm, association or other business entity or otherwise engage in any business that is engaged in any manner inIn, or otherwise competes with, the business of the Company or any of the Company's affiliates or subsidiaries (as conducted on the date the Employee ceases to be employed by the Company in any capacity, including as a consultant) in any state in the United States or any foreign country in which the Company or such affiliates or subsidiaries are then doing business and then only with respect to the business of the Company, its affiliates or subsidiaries then being conducted in such states or countries; provided, however, that the ownership of not more than 1% of the stock of any publicly traded corporation shall not be deemed a violation of this covenant.
(ii) Employ, assist in employing, or otherwise associate in business with any present or former or future employee, officer or agent of the Company or any of the Company's affiliates or subsidiaries.
(iii) Induce any person who is an employee, officer, agent, customer or supplier of the Company or any of the Company's affiliates or subsidiaries to terminate said relationship.
(iv) Solicit or direct business of any current or prospective customers of the Company, its affiliates or subsidiaries, who are current or prospective customers during the Term of Employment, either for himself or for any other individual or entity or advise any person or entity with respect thereto. As used herein, "customer" means any customer of the Company or its affiliates or subsidiaries whose identity the Employee learned through his employment with the Company or with whom the Employee and/or the Company had business contact during the twelve (12) month period immediately before the Employee's employment with the Company terminated.
Appears in 1 contract
Covenants and Confidential Information. (a) period of The Employee agrees that so long as he is employed by the Company and for a period of one (1) year thereafter and, as to subsection 9(a)(v10(a)(v) below, at any time after the Term of Employment he will not, directly or indirectly, do or suffer any of the following:
(i) Own, manage, control or participate in the ownership, management or control of, or be employed or engaged by or otherwise affiliated or associated as a consultant, independent contractor or otherwise with, any other corporation, partnership, proprietorship, firm, association or other business entity or otherwise engage in any business that is engaged in any manner in, or otherwise competes with, the business of the Company or any of the Company's affiliates or subsidiaries (as conducted on the date the Employee ceases to be employed by the Company in any capacity, including as a consultant) in any state in the United States or any foreign country in which the Company or such affiliates or subsidiaries are arc then doing business and then only with respect to the business of the Company, its affiliates or subsidiaries then being conducted in such states or countries; provided, however, that the ownership of not more than 1% of the stock of any publicly traded corporation shall not be deemed a violation of this covenant.
(ii) Employ, assist in employing, or otherwise associate in business with any present or former or future employee, officer or agent of the Company or any of the Company's affiliates or subsidiaries.
(iii) Induce any person who is an employee, officer, agent, customer or supplier of the Company or any of the Company's affiliates or subsidiaries to terminate said relationship.
(iv) Solicit or direct business of any current or prospective customers of the Company, its affiliates or subsidiaries, who are current or prospective customers during the Term of Employment, either for himself or for any other individual or entity or advise any person or entity with respect thereto. As used herein, "customer" means any customer of the Company or its affiliates or subsidiaries whose identity the Employee learned through his employment with the Company or with whom the Employee and/or the Company had business contact during the twelve (12) month period immediately before the Employee's employment with the Company terminated.
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