Common use of Covenants Not to Compete or Interfere Clause in Contracts

Covenants Not to Compete or Interfere. (a) During his employment by the Company and any period beginning immediately after such employment ceases with respect to which the Company provides to the Employee the post-employment pay and benefits provided for in paragraph 7(b), the Employee shall not, directly or indirectly (whether as an officer, director, owner, employee, partner or other participant), engage in any Competitive Business (as defined herein) in the United States of America and any other country where the Company or any of its subsidiaries conducts business operations over which the Employee has management responsibility. For the purposes of this Agreement, the term "Competitive Business" means the manufacturing, supplying, producing, selling, distributing, marketing, or providing for sale of any orthopaedic product, device or instrument manufactured or sold by the Company or any of its subsidiaries or in clinical development sponsored by the Company or any of its subsidiaries, in each case as of the date on which the Employee's employment by the Company ceases.

Appears in 5 contracts

Samples: Employment Agreement (Wright Medical Group Inc), Employment Agreement (Wright Medical Group Inc), Employment Agreement (Wright Medical Group Inc)

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