Common use of Covenants of Employee Clause in Contracts

Covenants of Employee. In consideration of the acknowledgments by Employee, and in consideration of the compensation and benefits to be paid or provided to Employee by Employer, Employee covenants that he will not, directly or indirectly: (a) during the Employment Period, except in the course of his employment hereunder, engage or invest in, own, manage, operate, finance, control, or participate in the ownership, management, operation, financing, or control of, be employed by, associated with, or in any manner connected with, lend Employee’s name or any similar name to, lend Employee’s credit to or render services or advice to, any business whose products or activities compete in whole or in part with the products or activities of the Employer Group anywhere; provided, however, that Employee may purchase or otherwise acquire up to (but not more than) one percent of any class of securities of any enterprise (but without otherwise participating in the activities of such enterprise) if such securities are listed on any securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for Employee’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Limitation Period, solicit business of the same or similar type being carried on by the Employer Group, from any person known by Employee to be a customer of the Employer Group, whether or not Employee had personal contact with such person during and by reason of Employee’s employment with the Employer Group; (c) whether for Employee’s own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Limitation Period, solicit, employ, or otherwise engage as an employee or agent, any person who is or was an employee or agent of the Employer Group at any time during the Employment Period or in any manner induce or attempt to induce any employee or agent of the Employer Group to terminate his employment or agency with the Employer Group; or (ii) at any time during the Employment Period and the Post-Employment Limitation Period, interfere with the Employer Group’s relationship with any person, including any person who at any time during the Employment Period was an employee or agent of the Employer Group; or (d) at any time disparage the Employer Group or any of its shareholders, directors, officers, employees, or agents.

Covenants of Employee. In consideration of the acknowledgments by Employee, Employee and in consideration of the compensation Compensation and benefits the Benefits to be paid or provided to Employee by Employer, and in recognition of the confidential information that Employee will obtain related to Employer's business (including its customers and employees), Employee covenants that he will not, directly or indirectly: (a) during the Employment Period, except in the course of his employment the Employment hereunder, engage or invest in, own, manage, operate, finance, control, or participate in the ownership, management, operation, financing, or control of, be employed by, associated with, or in any manner connected with, lend Employee’s 's name or any similar name to, lend Employee’s 's credit to or render services or advice to, any business whose products or activities compete in whole or in part with the products or activities of the Employer Group anywhereEmployer; providedPROVIDED, howeverHOWEVER, that Employee may purchase or otherwise acquire up to (but not more than) one percent (1%) of any class of securities of any enterprise (but without otherwise participating in the activities of such enterprise) if such securities are listed on any national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934, as amended; (b) whether for Employee’s 's own account or for the account of any other personPerson, at any time during the Employment Period and the Post-Employment Limitation Period, solicit business of the same or similar type being carried on by the Employer GroupEmployer, from any person Person known by Employee to be a customer of the Employer Group, whether or not and with whom Employee had personal contact with such person during and by reason of Employee’s employment the Employment with the Employer GroupEmployer; (c) whether for Employee’s 's own account or the account of any other person Person (i) at any time during the Employment Period and the Post-Employment Limitation Period, solicit, employ, or otherwise engage as an employee employee, independent contractor, or agentotherwise, any person Person who is or was an employee or agent of the Employer Group at any time during the Employment Period or in any manner induce or attempt to induce any employee or agent of the Employer Group to terminate his employment or agency with the Employer GroupEmployer; or (ii) at any time during the Employment Period and the Post-Employment Limitation Period, interfere with the Employer Group’s Employer's relationship with any personPerson, including any person Person who at any time during the Employment Period was an employee employee, contractor, supplier, or agent customer of the Employer GroupEmployer; or (d) at any time during or after the Employment Period, disparage the Employer Group or any of its shareholders, directors, officers, employees, employees or agents.

Covenants of Employee. In consideration of the acknowledgments by Employee, and in consideration of the compensation and benefits to be paid or provided to Employee by Employer, Employee covenants that he will not, directly or indirectly: (a) during the Employment Period, except in the course of his employment hereunder, and during the Post-Employment Period, engage or invest in, own, manage, operate, finance, control, or participate in the ownership, management, operation, financing, or control of, be employed by, associated with, or in any manner connected with, lend Employee’s 's name or any similar name to, lend Employee’s 's credit to or render services or advice to, any business whose products or activities compete in whole or in part with the products or activities of Employer: (i) anywhere within the Employer Group anywhereUnited States (ii) anywhere within 50 miles of any physical location owned, leased or operated by Employer; provided, however, that (A) Employee may purchase or otherwise acquire up to (but not more than) one 4.99 percent of any class of securities of any enterprise (but without otherwise participating in the activities of such enterprise) if such securities are listed on any national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934, and (B) this provision shall not require Employee to sell, transfer, assign or otherwise divest any interest owned by him prior to the date of this Agreement; (b) whether for Employee’s 's own account or pr for the account of any other personPerson, at any time during the Employment Period and the Post-Employment Limitation Period, solicit business of the same or similar type being carried on by the Employer GroupEmployer, from any person Person known by Employee to be a customer of the Employer GroupEmployer, whether or not Employee had personal contact with such person during and by reason of Employee’s 's employment with the Employer GroupEmployer; (c) whether for Employee’s 's own account or the account of any other person Person (i) at any time during the Employment Period and the Post-Employment Limitation Period, solicit, employ, or otherwise engage as an employee employee, independent contractor, or agentotherwise, any person Person who is or was an employee or agent of the Employer Group at any time during the Employment Period or in any manner mariner induce or attempt to induce any employee or agent of the Employer Group to terminate his employment or agency with the Employer GroupEmployer; or (ii) at any time during the Employment Period and during the Post-Employment Limitation Period, interfere with the Employer Group’s Employer's relationship with any personPerson, including any person Person who at any time during the Employment Period was an employee employee, contractor, supplier, or agent customer of the Employer GroupEmployer; or (d) at any time during the Employment Period and during the Post-Employment Period, disparage the Employer Group or any of its shareholders, directors, officers, employees, or agents.

Covenants of Employee. In consideration of the acknowledgments by Employee, and in consideration of the compensation and benefits to be paid or provided to Employee by Employer, Employee covenants that he will not, directly or indirectly: (a) during the Employment Period, except as permitted in Section 2.3 and except in the course of his employment hereunder, engage or invest in, own, manage, operate, finance, control, or participate in the ownership, management, operation, financing, or control of, be employed by, associated with, or in any manner connected with, lend Employee’s name or any similar name to, lend Employee’s credit to or render services or advice to, any business whose products or activities compete in whole or in part with the products or activities of the Employer Group anywhere; provided, however, that Employee may purchase or otherwise acquire up to (but not more than) one five percent of any class of securities of any enterprise (but without otherwise participating in the activities of such enterprise) if such securities are listed on any securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) for as long as Employee is receiving salary continuation payments pursuant to Section 6.6(f), engage or invest in, own, manage, operate, finance, control, or participate in the ownership, management, operation, financing, or control of, be employed by, associated with, or in any manner connected with, lend Employee’s name or any similar name to, lend Employee’s credit to or render services or advice to, any business whose products or activities compete in whole or to any substantial degree with the products or third-party administration activities of the Employer Group in any market; provided, however, that Employee may purchase or otherwise acquire up to (but not more than) five (5) percent of any class of securities of any enterprise (but without otherwise participating in the activities of such enterprise) if such securities are listed on any securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934. (c) whether for Employee’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Limitation Period, solicit business of the same or similar type being carried on by the Employer Group, from any person known by Employee to be a customer of the Employer Group, whether or not Employee had personal contact with such person during and by reason of Employee’s employment with the Employer Group; (cd) whether for Employee’s own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Limitation Period, solicit, employ, or otherwise engage Period solicit as an employee or agent, agent any person who is or was an employee or agent of the Employer Group at any time during the Employment Period or in any manner induce or attempt to induce any employee or agent of the Employer Group to terminate his employment or agency with the Employer Group; or (ii) at any time during the Employment Period and the Post-Employment Limitation Period, interfere with the Employer Group’s relationship with any person, including any person who at any time during the Employment Period was an employee or agent of the Employer Group; or (de) at any time disparage the Employer Group or any of its shareholders, directors, officers, employees, or agents.

Covenants of Employee. In consideration of the acknowledgments by Employee, and in consideration of the compensation and benefits to be paid or provided to Employee by Employer, Employee covenants that he will not, directly or indirectly: (a) during the Employment Period, except in the course of his employment hereunder, engage or invest in, own, manage, operate, finance, control, or participate in the ownership, management, operation, financing, or control of, be employed by, associated with, or in any manner connected with, lend Employee’s 's name or any similar name to, lend Employee’s 's credit to or render services or advice to, any business whose products or activities compete in whole or in part with the products or activities of the Employer Group anywhere; provided, however, that Employee may purchase or otherwise acquire up to (but not more than) one percent of any class of securities of any enterprise (but without otherwise participating in the activities of such enterprise) if such securities are listed on any securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for Employee’s 's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Limitation Period, solicit business of the same or similar type being carried on by the Employer Group, from any person known by Employee to be a customer of the Employer Group, whether or not Employee had personal contact with such person during and by reason of Employee’s 's employment with the Employer Group; (c) whether for Employee’s 's own account or the account of any other person (i) at i)`at any time during the Employment Period and the Post-Employment Limitation Period, solicit, employ, or otherwise engage as an employee employee, independent contractor, or agentotherwise, any person who is or was an employee or agent of the Employer Group at any time during the Employment Period or in any manner induce or attempt to induce any employee or agent of the Employer Group to terminate his employment or agency with the Employer Group; or (ii) at ii)~at any time during the Employment Period and the Post-Employment Limitation Period, interfere with the Employer Group’s 's relationship with any person, including any person who at any time during the Employment Period was an employee employee, contractor, supplier, or agent customer of the Employer Group; or (d) at any time during the Employment Period and the Post-Employment Period, disparage the Employer Group or any of its shareholders, directors, officers, employees, or agents.