Common use of Covenants of the Executive Clause in Contracts

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 10 contracts

Samples: Employment Agreement (Dynamic Health Products Inc), Employment Agreement (Dynamic Health Products Inc), Employment Agreement (Dynamic Health Products Inc)

AutoNDA by SimpleDocs

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United StatesStates or any other jurisdiction in which Employer then conducts business; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 8 contracts

Samples: Employment Agreement (Accupoll Holding Corp), Employment Agreement (Accupoll Holding Corp), Employment Agreement (Accupoll Holding Corp)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly: (a) during 8.2.1 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether 8.2.2 Whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether 8.2.3 Whether for the Executive's own account or the account of any other person (ia) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (iib) at any time during the Employment Period and for three years thereafterthe Post Employment Period, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at 8.2.4 At any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 6 contracts

Samples: Employment Agreement (Lion Inc/Wa), Employment Agreement (Lion Inc/Wa), Employment Agreement (Lion Inc/Wa)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that during and for eighteen months following the Employment Period he will not, directly or indirectly: (a) during the Employment Period, a. 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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) b. whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) c. whether for the Executive's ’s own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his or her employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at or If any time during or after the Employment Periodcovenant in this Section 8.2 is held to be unreasonable, disparage the Employer or any of its shareholders, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant.

Appears in 5 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (BMC Software Inc), Executive Employment Agreement (BMC Software Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of (i) the compensation and benefits to be paid or provided to the Executive by the EmployerCompany, (ii) the Executive's continued employment with the Company and (iii) the provision of Confidential Information to the Executive, the Executive covenants that he will not, directly or indirectly: (a1) during the Employment Noncompete Period, except without the express prior written consent of the board of directors of the Company, as owner, officer, director, employee, stockholder, principal, consultant, agent, lender, guarantor, cosigner, investor or trustee of any corporation, partnership, proprietorship, joint venture, association or any other entity of any nature, engage, directly or indirectly, in the course of his employment hereunder, and during the Post-Employment Period, engage or invest in, own, manage, operate, finance, control, or participate Business in any county in the ownership, management, operation, financing, or control of, be employed by, associated with, or United States in any manner connected with, lend which the Executive's name or any similar name to, lend Executive'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 anywhere within the United StatesCompany is conducting Business activities; provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one percent 1% of any class of securities of any such 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; (b2) during the Non-Compete Period, whether for the Executive's own account or for the account of any other person, at any time during (except for the Employment Period account of the Company and the Post-Employment Periodits affiliates), (x) solicit business of the same or similar type being carried on by the EmployerCompany, from any person known by the Executive to be a customer of the EmployerCompany, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer;Company, or (y) interfere with the Company's relationship with any person who at any time during the period of his employment with the Company, was a contractor, supplier, or customer of the Company; or (c3) whether for the Executive's own account or the account of any other person (i) person, at any time during his employment with the Employment Period Company or its affiliates and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period Company, or in any manner induce induce, or attempt to induce induce, any employee of the Employer Company to terminate his employment with the EmployerCompany; provided, however, that nothing in this Section 6(b)(3) shall preclude the Executive from soliciting or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including employing any person who at any time during was employed by the Employment Period was an employee, contractor, supplier, or customer Company after six months have lapsed from the last date of the Employer; or (d) at any time during or after former employee's employment with the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agentsCompany.

Appears in 5 contracts

Samples: Employment Agreement (Technical Olympic Usa Inc), Employment Agreement (Technical Olympic Usa Inc), Employment Agreement (Technical Olympic Usa Inc)

Covenants of the Executive. In consideration (a) During the Employment Term and for a period of the acknowledgments by the Executiveone (1) years thereafter, and in consideration of the compensation and benefits to be paid or provided to (i) the Executive by shall not, within any jurisdiction or marketing area in which the Employer, the Executive covenants that he will notCompany or any of its affiliates is doing business, 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, consult with, be employed by or participate in the ownership, management, operationoperation or control of any business of the type and character engaged in or competitive with that conducted by the Company or any of its affiliates; (ii) the Executive shall not, financingdirectly or indirectly, employ, solicit for employment or otherwise contract for the services of any employee of the Company or any of its affiliates at the time of this Agreement or who shall subsequently become an employee of the Company or any such affiliate; provided, however, this subparagraph (ii) shall not apply to the Executive’s personal secretary at the time of termination; and (iii) the Executive will not solicit, in competition with the Company or its affiliates, any person who is, or control ofwas at any time within the twelve months prior to his termination of employment, a customer of the business conducted by the Company or any of its affiliates. For purposes of determining whether to permanently withhold, or recover, payments from the Executive pursuant to Section 7(d) hereof, the Board shall determine what constitutes a competing business; provided that (x) the scope of businesses and the jurisdictions and marketing areas within which the Executive has agreed not to compete pursuant to clause (a)(i) of this Section 7 shall, for any challenged activity of the Executive, be employed by, associated with, or in determined as of the date of any manner connected with, lend such activity and (y) the Executive's name ’s ownership of securities of two percent (2%) or less of any publicly traded class of securities of a public company shall not be considered to be competition with the Company or any similar name toof its affiliates. Notwithstanding the foregoing, lend the provisions of this Section 7(a) shall not apply following the Executive's credit ’s termination if the Executive is terminated by the Company without Cause or the Executive terminates for Good Reason or a Pre-Change in Control Termination. (b) For the Employment Term and thereafter, (i) the Executive will not divulge, transmit or otherwise disclose (except as legally compelled by court order, and then only to the extent required, after prompt notice to the Company of any such order), directly or render services or advice toindirectly, other than in the regular and proper course of business of the Company, any business whose products confidential knowledge or activities compete in whole information with respect to the operations, finances, organization or in part with the products or activities employees of the Employer anywhere within Company or with respect to confidential or secret processes, services, techniques, customers or plans with respect to the United StatesCompany; and (ii) the Executive will not use (except as legally compelled by court order, and then only to the extent required, after prompt notice to the Company of any such order), directly or indirectly, any confidential information for the benefit of anyone other than the Company; provided, however, that the Executive may purchase has no obligation, express or otherwise acquire up implied, to (but not more than) one percent of refrain from using or disclosing to others any class of securities of any enterprise (but without otherwise participating in such knowledge or information which is or hereafter shall become available to the activities of such enterprise) if such securities are listed on any national public other than through disclosure by the Executive. All new processes, techniques, know-how, inventions, plans, products, patents and devices developed, made or regional securities exchange invented by the Executive, alone or have been registered under Section 12(g) with others, while an employee of the Securities Exchange Act of 1934; (b) whether for Company which are related to the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on Company shall be and become the sole property of the Company, unless released in writing by the EmployerCompany, from any person known by and the Executive hereby assigns any and all rights therein or thereto to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer;Company. (c) All files, records, correspondence, memoranda, notes or other documents (including, without limitation, those in computer-readable form) or property relating or belonging to the Company or its affiliates, whether prepared by the Executive or otherwise coming into his possession in the course of the performance of his services under this Agreement, shall be the exclusive property of Company and shall be delivered to Company and not retained by the Executive (including, without limitations, any copies thereof) upon termination of this Agreement for any reason whatsoever. (d) The Executive acknowledges that a breach of his covenants contained in this Section 7 may cause irreparable damage to the Company and its affiliates, the exact amount of which will be difficult to ascertain, that the remedies at law for any such breach will be inadequate and that the amounts payable to the Executive pursuant to the provisions of Section 6(a)(iii), (iv) and the paragraphs following 6(a)(iv) and /or 6(b)(ii), (iii) and (iv) hereunder are additional consideration for the Executive's own account covenants contained in this Section 7. Accordingly, the Executive agrees that if he breaches any of the covenants contained in this Section 7, in addition to any other remedy which may be available at law or in equity, the account Company shall be entitled to specific performance and injunctive relief. In addition, the breach of any of the covenants contained in this Section 7 shall entitle the Company to permanently withhold, and to recover from the Executive any amounts paid to the Executive pursuant to the provisions of Section 6(a)(iii), (iv) and the paragraphs following 6(a)(iv) and /or 6(b)(ii), (iii) and (iv) of this Agreement. The Company shall provide the Executive with at least five days prior written notice before withholding of any payment provided for in the immediately preceding sentence. (e) The Company and the Executive further acknowledge that the time, scope, geographic area and other person provisions of this Section 7 have been specifically negotiated by sophisticated commercial parties and agree that all such provisions are reasonable under the circumstances of the activities contemplated by this Agreement. In the event that the agreements in this Section 7 shall be determined by any court of competent jurisdiction to be unenforceable by reason of their extending for too great a period of time or over too great a geographical area or by reason of their being too extensive in any other respect, they shall be interpreted to extend only over the maximum period of time for which they may be enforceable and/or over the maximum geographical area as to which they may be enforceable and/or to the maximum extent in all other respects as to which they may be enforceable, all as determined by such court in such action. (if) The Executive agrees to cooperate with the Company, during the Term of Employment and thereafter (including following the Executive’s termination of employment for any reason), by making himself reasonably available to testify on behalf of the Company or any of its affiliates in any action, suit, or proceeding, whether civil, criminal, administrative, or investigative, and to assist the Company, or any affiliate, in any such action, suit, or proceeding, by providing information and meeting and consulting with the Company’s Board or its representatives or counsel, or representatives or counsel to the Company, or any affiliate as reasonably requested; provided, however that the same does not materially interfere with his then current professional activities or important personal activities and is not contrary to the best interests of the Executive. The Company agrees to reimburse the Executive, on an after-tax basis, for all expenses actually incurred in connection with his provision of testimony or assistance, and, if during the period following the Employment Term, the Company requests the Executive’s cooperation for a period of greater than 8 hours per month, the Company agrees to reimburse the Executive at a rate of $250.00 per hour. (g) The Executive agrees that, during the Term of Employment and at any time during thereafter (including following the Employment Period and the Post-Employment Period, solicit, employExecutive’s termination of employment for any reason) he will not make statements or representations, or otherwise engage as an employeecommunicate, independent contractordirectly or indirectly, in writing, orally, or otherwise, or take any person who is action which may, directly or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Periodindirectly, disparage the Employer Company or any of its shareholdersaffiliates or their respective officers, directors, officers, employees, advisors, businesses or agentsreputations. The Company agrees that, during the Employment Term, and at any time thereafter, (including following the Executive’s termination of employment for any reason) it will not make statements or representations, or otherwise communicate, directly or indirectly, in writing, orally, or otherwise, or take any action which may, directly or indirectly, disparage the Executive’s reputation. Notwithstanding the foregoing, nothing in this Agreement shall preclude the Executive or a representative of the Company from making truthful statements or disclosures that are required by applicable law, regulation or legal process.

Appears in 5 contracts

Samples: Employment Agreement (Lexington Corporate Properties Trust), Employment Agreement (Lexington Corporate Properties Trust), Employment Agreement (Lexington Corporate Properties Trust)

Covenants of the Executive. In consideration (a) During the Employment Term and for a period of the acknowledgments by the Executiveone (1) year thereafter, and in consideration of the compensation and benefits to be paid or provided to (i) the Executive by shall not, within any jurisdiction or marketing area in which the Employer, the Executive covenants that he will notCompany or any of its affiliates is doing business, 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, consult with, be employed by or participate in the ownership, management, operation, financing, operation or control ofof any business of the type and character engaged in or competitive with that conducted by the Company or any of its affiliates; (ii) the Executive shall not, be employed bydirectly or indirectly, associated withemploy, solicit for employment or in otherwise contract for the services of any manner connected withemployee of the Company or any of its affiliates at the time of this Agreement or who shall subsequently become an employee of the Company or any such affiliate; provided, lend however, this subparagraph (ii) shall not apply to the Executive's name personal secretary at the time of termination; and (iii) the Executive will not solicit, in competition with the Company or its affiliates, any person who is, or was at any time within the twelve months prior to his termination of employment, a customer of the business conducted by the Company or any similar name toof its affiliates. For purposes of determining whether to permanently withhold, lend or recover, payments from the Executive pursuant to Section 7(d) hereof, the Board shall determine what constitutes a competing business; provided that (x) the scope of businesses and the jurisdictions and marketing areas within which the Executive has agreed not to compete pursuant to clause (a)(i) of this Section 7 shall, for any challenged activity of the Executive, be determined as of the date of any such activity and (y) the Executive's credit ownership of securities of two percent (2%) or less of any publicly traded class of securities of a public company shall not be considered to be competition with the Company or render services any of its affiliates. Notwithstanding the foregoing, the provisions of this Section 7(a) shall not apply following the Executive's termination after the Employment Term. (b) For the Employment Term and thereafter, (i) the Executive will not divulge, transmit or advice tootherwise disclose (except as legally compelled by court order, and then only to the extent required, after prompt notice to the Company of any such order), directly or indirectly, other than in the regular and proper course of business of the Company, any business whose products confidential knowledge or activities compete in whole information with respect to the operations, finances, organization or in part with the products or activities employees of the Employer anywhere within Company or with respect to confidential or secret processes, services, techniques, customers or plans with respect to the United StatesCompany; and (ii) the Executive will not use (except as legally compelled by court order, and then only to the extent required, after prompt notice to the Company of any such order), directly or indirectly, any confidential information for the benefit of anyone other than the Company; provided, however, that the Executive may purchase has no obligation, express or otherwise acquire up implied, to (but not more than) one percent of refrain from using or disclosing to others any class of securities of any enterprise (but without otherwise participating in such knowledge or information which is or hereafter shall become available to the activities of such enterprise) if such securities are listed on any national public other than through disclosure by the Executive. All new processes, techniques, know-how, inventions, plans, products, patents and devices developed, made or regional securities exchange invented by the Executive, alone or have been registered under Section 12(g) with others, while an employee of the Securities Exchange Act of 1934; (b) whether for Company which are related to the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on Company shall be and become the sole property of the Company, unless released in writing by the EmployerCompany, from and the Executive hereby assigns any person known and all rights therein or thereto to the Company. (c) All files, records, correspondence, memoranda, notes or other documents (including, without limitation, those in computer-readable form) or property relating or belonging to the Company or its affiliates, whether prepared by the Executive to be a customer or otherwise coming into his possession in the course of the Employerperformance of his services under this Agreement, whether or shall be the exclusive property of Company and shall be delivered to Company and not retained by the Executive had personal contact with such person during and by reason (including, without limitations, any copies thereof) upon termination of the Executive's employment for any reason whatsoever. (d) The Executive acknowledges that a breach of his covenants contained in this Section 7 may cause irreparable damage to the Company and its affiliates, the exact amount of which will be difficult to ascertain, that the remedies at law for any such breach will be inadequate and that the amounts payable to the Executive pursuant to the provisions of Section 6(a)(iii), (iv) and the paragraphs following 6(a)(iv) and /or 6(b)(ii), (iii) and (iv) hereunder are additional consideration for the covenants contained in this Section 7. Accordingly, the Executive agrees that if he breaches any of the covenants contained in this Section 7, in addition to any other remedy which may be available at law or in equity, the Company shall be entitled to specific performance and injunctive relief. In addition, the breach of any of the covenants contained in this Section 7 shall entitle the Company to permanently withhold, and to recover from the Executive any amounts paid to the Executive pursuant to the provisions of Section 6(a)(iii), (iv) and the paragraphs following 6(a)(iv) and /or 6(b)(ii), (iii) and (iv) of this Agreement. The Company shall provide the Executive with at least five days prior written notice before withholding of any payment provided for in the immediately preceding sentence. (e) The Company and the Executive further acknowledge that the time, scope, geographic area and other provisions of this Section 7 have been specifically negotiated by sophisticated commercial parties and agree that all such provisions are reasonable under the circumstances of the activities contemplated by this Agreement. In the event that the agreements in this Section 7 shall be determined by any court of competent jurisdiction to be unenforceable by reason of their extending for too great a period of time or over too great a geographical area or by reason of their being too extensive in any other respect, they shall be interpreted to extend only over the maximum period of time for which they may be enforceable and/or over the maximum geographical area as to which they may be enforceable and/or to the maximum extent in all other respects as to which they may be enforceable, all as determined by such court in such action. (f) The Executive agrees to cooperate with the Employer; Company, during the Term of Employment and thereafter (c) whether for including following the Executive's own account termination of employment for any reason), by making himself reasonably available to testify on behalf of the Company or any of its affiliates in any action, suit, or proceeding, whether civil, criminal, administrative, or investigative, and to assist the account Company, or any affiliate, in any such action, suit, or proceeding, by providing information and meeting and consulting with the Company's Board or its representatives or counsel, or representatives or counsel to the Company, or any affiliate as reasonably requested; provided, however that the same does not materially interfere with his then current professional activities or important personal activities and is not contrary to the best interests of any other person the Executive. The Company agrees to reimburse the Executive, on an after-tax basis, for all expenses actually incurred in connection with his provision of testimony or assistance, and, if during the period following the Employment Term, the Company requests the Executive's cooperation for a period of greater than 8 hours per month, the Company agrees to reimburse the Executive at a rate of $250.00 per hour. Expenses reimbursable under this paragraph must be reimbursed within thirty (i30) days following Executive's submission to the Company of the reimbursement request and supporting documentation reasonably requested by the Company and in no event later than the end of the calendar year following the calendar year in which the expenses were incurred by Executive. (g) The Executive agrees that, during the Term of Employment and at any time during thereafter (including following the Employment Period and the Post-Employment Period, solicit, employExecutive's termination of employment for any reason) he will not make statements or representations, or otherwise engage as an employeecommunicate, independent contractordirectly or indirectly, in writing, orally, or otherwise, or take any person who is action which may, directly or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Periodindirectly, disparage the Employer Company or any of its shareholdersaffiliates or their respective officers, directors, officers, employees, advisors, businesses or agentsreputations. The Company agrees that, during the Employment Term, and at any time thereafter, (including following the Executive's termination of employment for any reason) it will not make statements or representations, or otherwise communicate, directly or indirectly, in writing, orally, or otherwise, or take any action which may, directly or indirectly, disparage the Executive's reputation. Notwithstanding the foregoing, nothing in this Agreement shall preclude the Executive or a representative of the Company from making truthful statements or disclosures that are required by applicable law, regulation or legal process.

Appears in 5 contracts

Samples: Employment Agreement (Lexington Realty Trust), Employment Agreement (Lexington Realty Trust), Employment Agreement (Lexington Realty Trust)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United StatesEmployer; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 4 contracts

Samples: Employment Agreement (Webb Interactive Services Inc), Employment Agreement (Webb Interactive Services Inc), Employment Agreement (Webb Interactive Services Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's ’s name or any similar name to, lend Executive's ’s credit to or render services or advice to, any business whose products or activities compete in whole or in part with involve the products or activities use of the Employer anywhere within the United Statesmobile digital video; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) whether for the Executive's ’s own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three two years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 4 contracts

Samples: Employment Agreement (A4s Technologies Inc), Employment Agreement (A4s Technologies Inc), Employment Agreement (A4s Technologies Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 Business of the Employer anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type as the Business being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or or (ii) at any time during the Employment Period and for three years thereafterthe Post-Employment Period, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 4 contracts

Samples: Employment Agreement (TCC Industries Inc), Employment Agreement (TCC Industries Inc), Employment Agreement (TCC Industries Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the EmployerEmployer in the event this Agreement is terminated pursuant to Section 5.4(a), 5.4(d) or 5.4(e)(i), the Executive 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 PeriodPeriod (as defined below), 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 the Executive's name or any similar name to, lend Executive'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 or any Affiliate of Employer anywhere within the United Statesgeographic areas in which the Employer or any such Affiliate now or hereafter conducts its business; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer or any Affiliate of Employer, from any person known by the Executive to be a customer of the EmployerEmployer or any such Affiliate, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, (i) solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer or any Affiliate of Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer and any such Affiliate to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's or any Affiliate's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the EmployerEmployer or any such Affiliate; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 4 contracts

Samples: Employment Agreement (Geokinetics Inc), Employment Agreement (Geokinetics Inc), Employment Agreement (Geokinetics Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's ’s name or any similar name to, lend Executive's ’s credit to or render services or advice to, any business whose products or activities compete in whole or in part with involve the products or activities use of the Employer anywhere within the United Statesmobile digital video; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) whether for the Executive's ’s own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three two years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, publicly disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 3 contracts

Samples: Plan of Merger (A4s Security, Inc.), Merger Agreement (Security With Advanced Technology, Inc.), Employment Agreement (Security With Advanced Technology, Inc.)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer;; or (cb) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage solicit as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his or her employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafterthe Post-Employment Period, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at . If the Executive breaches any time of the terms and provisions of this Section 8.2 during or after the Post-Employment Period, disparage the Employer may, in addition to any other remedies that the Employer may have for any such breach, immediately terminate the payment of any severance payments or any benefits then being paid to the Executive pursuant to Section 5.5, other than payments vested prior to the date of its shareholders, directors, officers, employees, or agentstermination of the Executive's employment.

Appears in 3 contracts

Samples: Employment Agreement (Primal Solutions Inc), Employment Agreement (Primal Solutions Inc), Employment Agreement (Primal Solutions Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafterthe Post-Employment Period, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents. The foregoing notwithstanding, the Executive may provide software consulting services to any business entity that is not a customer of or in competition with the Employer. If the Executive breaches any of the terms and provisions of this Section 7.2, the Employer may, in addition to any other remedies that the Employer may have for any such breach, immediately terminate the payment of any benefits then being paid to the Executive during the Post-Employment Period.

Appears in 3 contracts

Samples: Employment Agreement (Primal Solutions Inc), Employment Agreement (Primal Solutions Inc), Employment Agreement (Primal Solutions Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934;Employer (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents. For purposes of this Section 7.2, the term "Post-Employment Period" means the one year period beginning on the date of termination of the Executive's employment with the Employer. If any covenant in this Section 7.2 is held to be unreasonable, arbitrary, or against public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 7.2 will be extended by the duration of any violation by the Executive of such covenant. The Executive will, while the covenant under this Section 7.2 is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identity of the Executive's employer. The Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

Appears in 3 contracts

Samples: Employment Agreement (Innovative Software Technologies Inc), Employment Agreement (Innovative Software Technologies Inc), Employment Agreement (Innovative Software Technologies Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the EmployerEmployer in the event this Agreement is terminated pursuant to Section 5.4(a), 5.4(d) or 5.4(e), the Executive 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 PeriodPeriod (as defined below), 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 the Executive's name or any similar name to, lend Executive'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 or any Affiliate of Employer anywhere within the United Statesgeographic areas in which the Employer or any such Affiliate now or hereafter conducts its business; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer or any Affiliate of Employer, from any person known by the Executive to be a customer of the EmployerEmployer or any such Affiliate, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, (i) solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer or any Affiliate of Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer and any such Affiliate to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's or any Affiliate's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the EmployerEmployer or any such Affiliate; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 3 contracts

Samples: Employment Agreement (Cynet Inc), Employment Agreement (Cynet Inc), Employment Agreement (Cynet Inc)

Covenants of the Executive. In consideration of the acknowledgments acknowledgements by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will shall not, directly or indirectly: (a) during the Executive's employment hereunder and for the Post-Employment Period, except engage in the course development, production, marketing, or sale of his products that compete (or, upon commercialization, would compete) with products of the Employer or its Affiliates being developed, marketed or sold as of the date of such termination whether such engagement shall be as an officer, director, owner, employee, partner, consultant, advisor or any other capacity. This Section 8.2(a) shall not prevent the Executive from owning not more than one percent (1%) of the total shares of all classes of stock outstanding of any publicly held entity engaged in such business; (b) during the Executive's employment hereunder, hereunder and during the Post-Employment Period, engage individually or invest inon behalf of any other person, ownfirm, managecorporation or other entity, operateknowingly solicit, financeaid or induce: (i) any employee, controldirector or other person providing services to the Employer or any of its Affiliates to leave such employment or otherwise cease providing services in order to accept employment with or otherwise render services to or with any other person, firm, corporation or other entity unaffiliated with the Employer or its Affiliates, or participate knowingly take any action to materially assist or aid any other person, firm, corporation or other entity in identifying or hiring any such person (provided, that the ownership, management, operation, financing, foregoing shall not be violated by general advertising not targeted at the Employer's employees nor by serving as a reference for a person with regard to an entity with which the Executive is not affiliated) or control of, be employed by, associated with, or in (ii) any manner connected with, lend the Executive's name or any similar name to, lend Executive'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 customer of the Employer anywhere within or any of its Affiliates to purchase goods or services then sold by the United States; providedEmployer or any of its Affiliates from another person, howeverfirm, that the Executive may purchase corporation or otherwise acquire up to (but not more than) one percent of other entity or assist or aid any class of securities of other persons or entity in identifying or soliciting 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 1934customer; (bc) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment Period interfere with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee relationship of the Employer at or any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship Affiliate with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, supplier or customer of the Employer; or (d) make any statements at any time during or after the Employment Period, that disparage the Employer Employer, its Affiliates or any of its shareholderstheir respective employees, officers, directors, officers, employees, products or agentsservices.

Appears in 3 contracts

Samples: Executive Employment Agreement (WCI Steel, Inc.), Executive Employment Agreement (WCI Steel, Inc.), Executive Employment Agreement (WCI Steel, Inc.)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the payments, compensation and benefits to be paid or provided to the Executive by the EmployerEmployer and Audiovox, the Executive covenants that he the Executive will not, directly or indirectly: (ai) during (A) the Employment Period and for 12 months thereafter (the “Non-Compete Period”); (B) the Stock Purchase Non-Competition Period and (C) the period Executive may be receiving payments under Section 5(c)(ii), except in the course of his the Executive's employment hereunder, and during the Post-Employment Perioddirectly or indirectly, in a competitive capacity, engage or invest in, own, manage, operate, finance, control, control or participate in the ownership, management, operation, financing, financing or control of, be employed by, associated with, with or in any manner connected with, lend the Executive's name or any similar name to, lend Executive's credit to or render services or advice to, or plan or prepare to do any of the foregoing with any business whose products or activities compete in whole or in part with the products or activities of the Employer anywhere within the United StatesBusiness in any Market Jurisdiction; provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one two percent (2%) of any class of securities of any enterprise entity (but without otherwise participating in the activities of such enterpriseentity) 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. For purposes of this Section 7(b)(i), the word “Subsidiaries” is substituted for the word “Affiliates” in the definition of “Business” in Section 1. (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (cii) whether for the Executive's own account or the account of any other person Person: (iA) at any time during the Employment Period and for 2 years thereafter and during the PostStock Purchase Non-Employment Competition Period, directly or indirectly, interfere with, solicit, employ, employ or otherwise engage engage, as an employee, independent contractor, contractor or otherwise, any person Person who is or was an employee of the Employer or its Affiliate at any time during the last 2 years of the Employment Period or in any manner induce or attempt to induce any employee of the Employer or its Affiliate to terminate his or her employment with the EmployerEmployer or its Affiliate; or (iiB) at any time during the Employment Period and in a competitive capacity for three years thereafter12 months thereafter and during the Stock Purchase Non-Competition Period, interfere with the Employer's or its Affiliate's relationship with any personPerson, including including, but not limited to, any person Person who at any time during the Employment Period was an employeea customer, contractor, supplier, contractor or customer supplier of the EmployerEmployer or its Affiliate; or (diii) at any time during or after the Employment Period, disparage the Employer or any of Audiovox or its Affiliates or their respective shareholders, board of directors, members, managers, officers, employees, employees or agents. If any term, provision or covenant in this § 7(b) is held to be unreasonable, arbitrary or against public policy, a court may limit the application of such term, provision or covenant or modify such term, provision or covenant and proceed to enforce this § 7(b) as so limited or modified, which limited or modified term, provision or covenant will be effective, binding and enforceable against the Executive. The period of time applicable to any covenant in this § 7(b) shall be extended by the duration of any actual or threatened violation by the Executive of such covenant. The Executive shall, while the covenant under this § 7(b) is in effect, give notice to the Employer and Audiovox, within ten (10) days after accepting any other employment, of the identity of the Executive's new employer. The Employer and Audiovox may notify such employer that the Executive is bound by this Agreement and, at the Employer's or Audiovox's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

Appears in 2 contracts

Samples: Employment Agreement (Audiovox Corp), Employment Agreement (Audiovox Corp)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive's credit to or render services or advice to, any business whose products or activities are similar to, or compete in whole or in part with with, the products or activities of the Employer anywhere within the United StatesEmployer; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, person at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 2 contracts

Samples: Employment Agreement (Room Plus Inc), Employment Agreement (Room Plus Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he during and for eighteen (18) months following the termination of her employment for any reason, she will not, directly or indirectly: (a) during the Employment Period, except in the course of his her 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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 the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) whether for the Executive's ’s own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his her or her employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at or If any time during or after the Employment Periodcovenant in this Section 8.2 is held to be unreasonable, disparage the Employer or any of its shareholders, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant.

Appears in 2 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (BMC Software Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the payments, compensation and benefits to be paid or provided to the Executive by the EmployerEmployer and Audiovox, the Executive covenants that he the Executive will not, directly or indirectly: (ai) during (A) the Employment Period and for 12 months thereafter (the “Non-Compete Period”); (B) the Stock Purchase Non-Competition Period and (C) the period Executive may be receiving payments under Section 5(c)(ii), except in the course of his the Executive's employment hereunder, and during the Post-Employment Perioddirectly or indirectly, in a competitive capacity, engage or invest in, own, manage, operate, finance, control, control or participate in the ownership, management, operation, financing, financing or control of, be employed by, associated with, with or in any manner connected with, lend the Executive's name or any similar name to, lend Executive's credit to or render services or advice to, or plan or prepare to do any of the foregoing with any business whose products or activities compete in whole or in part with the products or activities of the Employer anywhere within the United StatesBusiness in any Market Jurisdiction; provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one two percent (2%) of any class of securities of any enterprise entity (but without otherwise participating in the activities of such enterpriseentity) 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. For purposes of this Section 7(b)(i), the word “Subsidiaries” is substituted for the word “Affiliates” in the definition of “Business” in Section 1. (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (ci) whether for the Executive's own account or the account of any other person Person: (iA) at any time during the Employment Period and for 2 years thereafter and during the PostStock Purchase Non-Employment Competition Period, directly or indirectly, interfere with, solicit, employ, employ or otherwise engage engage, as an employee, independent contractor, contractor or otherwise, any person Person who is or was an employee of the Employer or its Affiliate at any time during the last 2 years of the Employment Period or in any manner induce or attempt to induce any employee of the Employer or its Affiliate to terminate his or her employment with the EmployerEmployer or its Affiliate; or (iiB) at any time during the Employment Period and in a competitive capacity for three years thereafter12 months thereafter and during the Stock Purchase Non-Competition Period, interfere with the Employer's or its Affiliate's relationship with any personPerson, including including, but not limited to, any person Person who at any time during the Employment Period was an employeea customer, contractor, supplier, contractor or customer supplier of the EmployerEmployer or its Affiliate; or (dii) at any time during or after the Employment Period, disparage the Employer or any of Audiovox or its Affiliates or their respective shareholders, board of directors, members, managers, officers, employees, employees or agents. If any term, provision or covenant in this § 7(b) is held to be unreasonable, arbitrary or against public policy, a court may limit the application of such term, provision or covenant or modify such term, provision or covenant and proceed to enforce this § 7(b) as so limited or modified, which limited or modified term, provision or covenant will be effective, binding and enforceable against the Executive. The period of time applicable to any covenant in this § 7(b) shall be extended by the duration of any actual or threatened violation by the Executive of such covenant. The Executive shall, while the covenant under this § 7(b) is in effect, give notice to the Employer and Audiovox, within ten (10) days after accepting any other employment, of the identity of the Executive's new employer. The Employer and Audiovox may notify such employer that the Executive is bound by this Agreement and, at the Employer's or Audiovox's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

Appears in 2 contracts

Samples: Employment Agreement (Audiovox Corp), Employment Agreement (Audiovox Corp)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that during and for eighteen (18) months following the termination of his employment for any reason, 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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 the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, use Confidential Information to solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer;; or (c) whether for the Executive's ’s own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Periodsolicit for employment, solicit, employ, directly or otherwise engage as an employee, independent contractor, or otherwiseindirectly, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his or her employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 2 contracts

Samples: Executive Employment Agreement (BMC Software Inc), Executive Employment Agreement (BMC Software Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within the United StatesEmployer; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) whether for the Executive's ’s own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 2 contracts

Samples: Employment Agreement (Bekem Metals Inc), Employment Agreement (Bekem Metals Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934;Employer (b) whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) whether for the Executive's ’s own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 2 contracts

Samples: Employment Agreement (Znergy, Inc.), Employment Agreement (Znergy, Inc.)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United StatesNorth America; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-180 days following the Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafterthe Post-Employent Period, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 2 contracts

Samples: Employment Agreement (Firstcity Financial Corp), Employment Agreement (Firstcity Financial Corp)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the EmployerCompany and its Affiliates, the Executive 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 the Executive's name or any similar name to, lend Executive'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 Company or its Affiliates anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934;; and, provided further, that this covenant shall not preclude Executive from becoming employed full time in a position with a major public company in a capacity that does not involve participation in any competitive activities which may be carried on as a separate line of business by a division or affiliate of such company. (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the EmployerCompany or its Affiliates, from any person known by the Executive to be a customer of the EmployerCompany or its Affiliates, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the EmployerCompany or its Affiliates; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer Company or its Affiliates at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer Company or its Affiliates to terminate his employment with the EmployerCompany; or (ii) at any time during the Employment Period and for three years thereafterthe Post-Employment Period, interfere with the Employer's relationship of the Company or its Affiliates with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the EmployerCompany or its Affiliates; or (d) at any time during or after the Employment Period, disparage the Employer Company or its Affiliates or any of its their shareholders, directors, officers, employees, or agents.

Appears in 2 contracts

Samples: Employment Agreement (Hach Co), Employment Agreement (Hach Co)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly: (aA) 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United StatesEmployer; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (bB) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (cC) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (dD) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 2 contracts

Samples: Employment Agreement (BMB Munai Inc), Employment Agreement (BMB Munai Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that during and for eighteen months following the termination of his employment for any reason, 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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 the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) whether for the Executive's ’s own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his or her employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at or If any time during or after the Employment Periodcovenant in this Section 8.2 is held to be unreasonable, disparage the Employer or any of its shareholders, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant.

Appears in 2 contracts

Samples: Executive Employment Agreement (BMC Software Inc), Executive Employment Agreement (BMC Software Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly: (a) during the Employment Period, except in the course of his employment hereunderemployment, and during the Post-Employment Periodfor three years thereafter, engage be employed by, participate in, associate with, or invest in, own, manage, operate, finance, or control, or participate in the ownership, management, operation, financing, or control of, be employed by, associated with, or in any manner connected with, lend the Executive's name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934world; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Periodthis employment or for three years thereafter, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Periodhis employment or for five years thereafter, solicit, employ, employ or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period employment or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period his employment and for three five years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period employment was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Periodemployment, disparage the Employer or any of its shareholders, directors, officers, employees, or agents. If any covenant in this Section 5.2 is held to be unreasonable, arbitrary, or against public policy, such covenant will be considered to be diminished or modified, as a court of competent jurisdiction may determine in order to allow it to comply with applicable law, and shall be binding as so modified. The period of time applicable to any covenant in this Section 5.2 will be extended by the duration of any violation by the Executive of such covenant. The Executive will, while the covenant under this Section 5.2 is in effect, give notice to the Employer, within ten (10) days after accepting any other employment, of the identity of the Executive's employer. The Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

Appears in 2 contracts

Samples: Employment Agreement (Continental Conveyor & Equipment Co), Employment Agreement (Continental Conveyor & Equipment Co)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that during and for eighteen months following the termination of his employment for any reason, 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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 the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer;; or (c) whether for the Executive's ’s own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his or her employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at . If any time during or after the Employment Periodcovenant in this Section 8.2 is held to be unreasonable, disparage the Employer or any of its shareholders, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant.

Appears in 2 contracts

Samples: Executive Employment Agreement (BMC Software Inc), Executive Employment Agreement (BMC Software Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that during and for eighteen (18) months following the termination of his employment for any reason, 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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 the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) whether for the Executive's ’s own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his or her employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at or If any time during or after the Employment Periodcovenant in this Section 8.2 is held to be unreasonable, disparage the Employer or any of its shareholders, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant.

Appears in 2 contracts

Samples: Executive Employment Agreement (BMC Software Inc), Executive Employment Agreement (BMC Software Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United Statesworld; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) whether for the Executive's ’s own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three one years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 2 contracts

Samples: Employment Agreement (A4s Technologies Inc), Employment Agreement (Security With Advanced Technology, Inc.)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934;Employer (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 2 contracts

Samples: Employment Agreement (Innovative Software Technologies Inc), Employment Agreement (Innovative Software Technologies Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within the United StatesStates or any other jurisdiction in which Employer then conducts business; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) whether for the Executive's ’s own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 2 contracts

Samples: Employment Agreement (Badu Holdings, Inc.), Employment Agreement (Badu Holdings, Inc.)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer;; or (cb) whether for the Executive's ’s own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage solicit as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his or her employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafterthe Post Employment Period, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at . If the Executive breaches any time of the terms and provisions of this Section 8.2 during or after the Post-Employment Period, disparage the Employer may, in addition to any other remedies that the Employer may have for any such breach, immediately terminate the payment of any severance payments or any benefits then being paid to the Executive pursuant to Section 5.5, other than payments vested prior to the date of its shareholders, directors, officers, employees, or agentstermination of the Executive’s employment.

Appears in 2 contracts

Samples: Employment Agreement (Primal Solutions Inc), Employment Agreement (Primal Solutions Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that during and for eighteen (18) months following the termination of his employment for any reason, 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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 the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, use Confidential Information to solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) whether for the Executive's ’s own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Periodsolicit for employment, solicit, employ, directly or otherwise engage as an employee, independent contractor, or otherwiseindirectly, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his or her employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at or If any time during or after the Employment Periodcovenant in this Section 8.2 is held to be unreasonable, disparage the Employer or any of its shareholders, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant.

Appears in 1 contract

Samples: Executive Employment Agreement

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the Salary, Benefits and other compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 PeriodPeriod (as defined below), 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 the Executive's name or any similar name to, lend Executive's credit to or render services or advice to, any business whose which sells products or activities compete in whole or in part with services which are similar to the types of products or activities of services sold by the Employer anywhere within in any state in which the United StatesEmployer's products at that time (or anytime thereafter during the Post-Employment Period) are sold, marketed or distributed, whether directly, through the other Eagle Companies, or through independent third parties; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the EmployerEmployer or any of the other Eagle Companies, from any person known by the Executive to be a customer prior to or during the Employment Period of the EmployerEmployer or any of the other Eagle Companies, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and or the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer or any of the other Eagle Companies at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer or any of the other Eagle Companies to terminate his employment with the EmployerEmployer of any of the other Eagle Companies; or (ii) at any time during the Employment Period and for three years thereafteror the Post Employment Period, interfere with the Employer's relationship of the Employer or any of the other Eagle Companies with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the EmployerEmployer or any of the other Eagle Companies; or (d) at any time during or after the Employment Period, disparage the Employer or any of its the other Eagle Companies or any of their shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Eagle Supply Group Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the EmployerEmployer in the event this Agreement is terminated pursuant to Section 5.4(a), 5.4(d) or 5.4(e), the Executive 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 PeriodPeriod (as defined below), 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 the Executive's name or any similar name to, lend Executive'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 or any Affiliate of Employer anywhere within the United Statesgeographic areas in which the Employer or any such Affiliate now or hereafter conducts its business; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer or any Affiliate of Employer, from any person known by the Executive to be a customer of the EmployerEmployer or any such Affiliate, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, (i) solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer or any Affiliate of Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer and any such Affiliate to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's or any Affiliate's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the EmployerEmployer or any such Affiliate; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents. For purposes of this Section 7.2, the term "POST-EMPLOYMENT PERIOD" means the two-year period beginning on the date of termination of the Executive's employment with the Employer. If any covenant in this Section 7.2 is held to be unreasonable, arbitrary, or against public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The Executive will, while the covenant under this Section 7.2 is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identity of the Executive's new employer. The Employer may notify such new employer that the Executive is bound by this Agreement. Notwithstanding the foregoing to the contrary, the Executive will not be subject to any covenant under this Section 7.2 in the event: (i) the term of the Executive's employment under this Agreement is not renewed pursuant to Section 2.2; or (ii) Employer voluntarily files a bankruptcy or insolvency proceeding (or an involuntary bankruptcy or insolvency proceeding is filed against Employer, which proceeding has not been dismissed within ninety (90) days from the filing thereof).

Appears in 1 contract

Samples: Employment Agreement (Cynet Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the EmployerEmployer in the event this Agreement is terminated pursuant to Section 5.4(a), 5.4(d) or 5.4(e)(i), the Executive 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 PeriodPeriod (as defined below), 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 the Executive's name or any similar name to, lend Executive'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 or any Affiliate of Employer anywhere within the United Statesgeographic areas in which the Employer or any such Affiliate now or hereafter conducts its business; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer or any Affiliate of Employer, from any person known by the Executive to be a customer of the EmployerEmployer or any such Affiliate, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, (i) solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer or any Affiliate of Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer and any such Affiliate to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's or any Affiliate's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the EmployerEmployer or any such Affiliate; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.. For purposes of this Section 7.2, the term "POST-EMPLOYMENT PERIOD" means the two-year period beginning on the date of termination of the Executive's employment with the Employer. If any covenant in this Section 7.2 is held to be unreasonable, arbitrary, or against public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 7.2 will be extended by the duration of any violation by the Executive of such covenant. The Executive will, while the covenant under this Section 7.2 is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identity of the Executive's new employer. The Employer may notify such new employer that the Executive is bound by this Agreement. 12

Appears in 1 contract

Samples: Employment Agreement (Geokinetics Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934Employer; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents. For purposes of this Section 7.2, the term "Post-Employment Period" means the one year period beginning on the date of termination of the Executive's employment with the Employer. If any covenant in this Section 7.2 is held to be unreasonable, arbitrary, or against public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 7.2 will be extended by the duration of any violation by the Executive of such covenant. The Executive will, while the covenant under this Section 7.2 is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identity of the Executive's employer. The Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

Appears in 1 contract

Samples: Employment Agreement (Innovative Software Technologies Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United StatesEmployer; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and or the Post-Post- Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafteror the Post Employment Period, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment PeriodEmployxxxx Xxxxxx, disparage xxxxxrage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Eagle Supply Group Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly: (ai) during the Employment Period, except in the course of his employment hereunder, and and, except as provided below, 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 the Executive's ’s name or any similar name to, lend the Executive'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 business of the Employer anywhere within in the United StatesNon-Competition Territory; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section §12(g) of the Securities Exchange Act of 1934, and provided further that nothing herein will limit the Executive’s equity ownership in the Employer or Metalico; (bii) whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and or the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (ciii) whether for the Executive's ’s own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, (A) solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (iiB) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the EmployerEmployer ; or (div) at any time during or after the Employment Period, disparage Metalico, the Employer Employer, or any of its their respective shareholders, directors, officers, employees, affiliates, or agents. If any covenant in this §8(b) is held to be unreasonable, arbitrary, or against public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this §8(b) will be extended by the duration of any violation by the Executive of such covenant, provided that such period will not be extended solely by an allegation of a violation that is not reasonably substantiated or a violation that is expressly waived by the Employer. The Executive will, while the covenant under this §8(b) is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identity of the Executive’s employer. The Employer or any affiliate of the Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer’s election, furnish such employer with a copy of this Agreement or relevant portions thereof.

Appears in 1 contract

Samples: Employment Agreement (Metalico Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration Executive of the compensation and benefits to be paid or provided to the Executive by the EmployerCompany, the Executive covenants that he will shall not, directly or indirectly: (a) , during the Employment Period, Executive’s employment (and except in the course of his employment hereunder, ) and during a period thereafter as set forth below (the Post-Employment Period”): a. during the Executive’s employment and for one year thereafter, engage or invest in, own, manage, operate, finance, control, control or participate in the ownership, management, operation, financing, financing or control of, be employed by, associated with, or in any manner connected withlend the Executive’s name to, lend the Executive's name or any similar name to, lend Executive's ’s credit to or render services or advice to, any business whose products or activities compete in whole or in part which competes with the products or activities of business being conducted by the Employer anywhere within Company during the United States; Executive’s employment , provided, however, that this provision shall only apply to the Post-Employment period in the event that the Executive voluntarily resigns or is terminated by the Company for Cause; and that the Employee may purchase or otherwise acquire up to (but not more than) one three 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; (b) , as amended, whether for the Executive's Employee’s own account or for the account of any other person, at any time person or entity; b. during the Employment Period Executive’s employment and the Post-Employment Periodfor one year thereafter, directly or indirectly solicit business of the same or similar type being carried on by the EmployerCompany during the Executive’s employment, from any person or entity known by the Executive to be a customer or referral source of the EmployerCompany during the Executive’s employment, whether or not where the Executive either had personal contact with such person or entity during and by reason of the Executive's ’s employment with the Employer;Company or supervised the individual(s) who had responsibility for maintaining the customer’s relationship with Company; or (c) whether for c. during the Executive's own account or the account of any other person (i) at any time during the Employment Period ’s employment and the Post-Employment Periodfor one year thereafter, solicit, employ, employ or otherwise engage as an employeeExecutive, independent contractor, contractor or otherwise, any person who is or was an employee of the Employer Company at any time during the Employment Period Executive’s employment, or in any manner induce or attempt to induce any employee of the Employer Company to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agentsCompany.

Appears in 1 contract

Samples: Executive Employment Agreement (Sirona Dental Systems, Inc.)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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-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 the Executive's name or any similar name to, lend Executive's credit to or render services or advice to, any business whose products products, services or activities compete in whole or in part with the products or activities of the Employer or FirstCity anywhere within the United StatesStates where the Employer or FirstCity conducts or markets its business, products or services; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the EmployerEmployer or FirstCity, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Firstcity Financial Corp)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer;; or (cb) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage solicit as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his or her employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafterthe Post-Employment Period, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at . If the Executive breaches any time of the terms and provisions of this Section 8.2 during or after the Post-Employment Period, disparage the Employer may, in addition to any other remedies that the Employer may have for any such breach, immediately terminate the payment of any severance payments or benefits then being paid to the Executive pursuant to Section 5.5, other than payments vested prior to the date of termination of the Executive's employment. For purposes of this Section 8.2, the term "Post-Employment Period" means the one-year period beginning on the date of termination of the Executive's employment with the Employer. If any of its shareholderscovenant in this Section 8.2 is held to be unreasonable, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The Executive will, while the covenant under this Section 8.2 is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identity of the Executive's employer. The Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer's election, furnish such employer with a copy of this Agreement or relevant portions thereof. The terms and provisions of this Section 8.2 shall not be applicable to the Executive if the Executive terminates his employment with the Employer for Good Reason or if the Executive's employment with the Employer is terminated without cause.

Appears in 1 contract

Samples: Employment Agreement (Primal Solutions Inc)

Covenants of the Executive. In consideration (a) Nonsolicitation of Customers or Employees of the acknowledgments by Company. During the ExecutiveEmployment Period and for a period of 4 years thereafter (together, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer"Non-Solicitation Period"), the Executive 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, controlnot communicate disparagingly with any suppliers to, or participate in the ownership, management, operation, financing, or control customers of, be employed bythe Company, associated with, its direct or in any manner connected with, lend the Executive's name indirect subsidiaries or any similar name tojoint ventures to which the Company or any of such subsidiaries is a party (all such subsidiaries and joint ventures, lend Executive's credit "Affiliates") with respect to or render services or advice to, any matter relating to the business whose products or activities compete in whole or in part with the products or activities of the Employer anywhere within the United States; provided, however, that the Executive may purchase Company 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during its Affiliates. During the Employment Period and the Post-six (6) months following the termination of the Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive shall not, and shall use his best efforts to be a customer of the Employer, whether cause each other business or not the Executive had personal contact entity with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who which he is or was an employee of the Employer at any time during the Employment Period or shall become associated in any manner induce capacity not to, directly or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including indirectly employ any person who at any time during the Employment Period or such six (6) month period was an employeeemployed in any capacity by the Company or any of its Affiliates. During the Non-Solicitation Period, contractorthe Executive shall not, supplierand shall use his best efforts to cause each other business or entity with which he is or shall become associated in any capacity not to, (i) directly or customer of the Employer; or (d) indirectly solicit for employment any person who at any time during or after the Employment Period, disparage Non-Solicitation Period was employed in any capacity by the Employer Company or any of its shareholdersAffiliates; or (ii) directly or intentionally indirectly interfere or seek to interfere with the continuance of supplies to the Company or its Affiliates (or with the terms relating to such supplies) from any persons or entities who have been supplying materials or services to the Company during the Non-Solicitation Period. In the event that the Employment Period is terminated for "Cause" or the Executive voluntarily terminates this Agreement, directorsthe Executive shall not, officersduring the six (6) months following such termination, employeesand shall use his best efforts to cause each other business or entity with which he is or shall become associated in any capacity not to, during such six (6) month period, directly or agentsindirectly solicit any person or entity who at any time during the Employment Period or the period two years prior to the date of termination of this Agreement was a customer of the Company or its Affiliates in respect of the products or services supplied by the Company or its Affiliates.

Appears in 1 contract

Samples: Employment Agreement (Asahi America Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly: (aA) 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within the United StatesEmployer; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (bB) whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (cC) whether for the Executive's ’s own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (dD) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (BMB Munai Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United States, excluding existing companies in which the Executive is presently engaged in an operating capacity; provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one ten 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; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three one years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents. For purposes of this Section 7.2, the term "Post-Employment Period" means the one year period beginning on the date of termination of the Executive's employment with the Employer. If any covenant in this Section 7.2 is held to be unreasonable, arbitrary, or against public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 7.2 will be extended by the duration of any violation by the Executive of such covenant. The Executive will, while the covenant under this Section 7.2 is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identity of the Executive's employer. The Buyer or the Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

Appears in 1 contract

Samples: Employment Agreement (Vertical Health Solutions Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the EmployerCompany, the Executive covenants that he will not, directly or indirectly: (ai) during the Employment PeriodPeriod and the Post–Employment Period (as defined), 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 the Executive's ’s name or any similar name to, lend Executive'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 Grundy or the Employer Company anywhere within the United StatesStates (the “Company Business”); provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one percent of any class of securities of any such 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; (bii) whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, Company or Grundy from any person known by the Executive to be a customer of the EmployerCompany or Grundy, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the EmployerCompany or Grundy; (ciii) whether for the Executive's ’s own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer Company or Grundy at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer Company or Grundy to terminate his employment with the EmployerCompany or Grundy; or (ii) at any time during the Employment Period and for three (3) years thereafter, thereafter interfere with the Employer's Company’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the EmployerCompany; or (div) at any time during or after the Employment Period, disparage the Employer Company or any of its shareholdersshareholders or affiliates, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Henry Co)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, parties hereto and in the promises and consideration of the compensation and benefits to be paid or provided to the Executive by the Employerset forth herein, the Executive covenants that he the Executive will not, directly or indirectly: (aA) during the Employment Period, except in the course of his the Executive's employment hereunder, and during the Post-Post Employment Period, as defined below, 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 the Executive's name or any similar name to, lend Executive's credit to or render services or advice to, any business direct competitor of the Employer in the retail electricity provider sector whose products or activities services directly compete in whole or in part with the products or activities services of the Employer anywhere within in any state in which the United StatesEmployer is engaged in business on the Termination Date; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (bB) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Post Employment Period, solicit business of in the same or similar type being carried on by the Employerretail electricity provider sector, from any person known by the Executive to be that is a customer or prospective customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (cC) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Post Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his his/her employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafterthe Post Employment Period, interfere with the Employer's business relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (dD) at any time during the Employment Period or after the Post Employment Period, publicly disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Kansas City Power & Light Co)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he during and for eighteen months following the termination of her employment for any reason, she will not, directly or indirectly: (a) during the Employment Period, except in the course of his her 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that (i) if Executive is terminated by Employer without cause or if Executive terminates her employment pursuant to Section 6.1(f) hereof, then Executive’s non-compete obligation set forth in this Section 8.2(a) shall only apply to the companies listed in Attachment B hereto and (ii) further provided that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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 the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) whether for the Executive's ’s own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his or her employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at or If any time during or after the Employment Periodcovenant in this Section 8.2 is held to be unreasonable, disparage the Employer or any of its shareholders, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant.

Appears in 1 contract

Samples: Executive Employment Agreement (BMC Software Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that during and for twenty-four months following the termination of his employment for any reason, he will not, directly or indirectly: (ai) 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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; (bii) whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer;; or (ciii) whether for the Executive's ’s own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at . If any time during or after the Employment Periodcovenant in this Section 8.2 is held to be unreasonable, disparage the Employer or any of its shareholders, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant.

Appears in 1 contract

Samples: Executive Employment Agreement (BMC Software Inc)

Covenants of the Executive. In partial consideration of the acknowledgments by the ExecutiveExecutive in this Section 8, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United StatesEmployer; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and or the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and or the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafteror the Post Employment Period, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Eagle Supply Group Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that during and for two (2) years following the Employment Period he will not, directly or indirectly: (a) during the Employment Period, a. 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 the Executive's name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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) b. whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer;; or (c) c. whether for the Executive's own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at . If any time during or after the Employment Periodcovenant in this Section 8.2 is held to be unreasonable, disparage the Employer or any of its shareholders, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant.

Appears in 1 contract

Samples: Executive Employment Agreement (BMC Software Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the EmployerEmployer in the event this Agreement is terminated pursuant to Section 5.4(a), 5.4(d) or 5.4(e)(i), the Executive 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 PeriodPeriod (as defined below), 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 the Executive's name or any similar name to, lend Executive'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 or any Affiliate of Employer anywhere within the United States; geographic areas in which the Employer or any such Affiliate now or hereafter conducts its business, provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer or any Affiliate of Employer, from any person known by the Executive to be a customer of the EmployerEmployer or any such Affiliate, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, (i) solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer or any Affiliate of Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer and any such Affiliate to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's or any Affiliate's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the EmployerEmployer or any such Affiliate; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Cynet Inc)

AutoNDA by SimpleDocs

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the EmployerCompany, the Executive covenants that he will shall not, directly or indirectly: (a) during the Employment Period, except in the course of his employment hereunder, and during the Post-Employment PeriodPeriod (as defined below), engage or invest in, own, manage, operate, finance, control, control or participate in the ownership, management, operation, financing, financing or control of, be employed by, associated with, with or in any manner connected with, lend the Executive's name or any similar name to, lend the Executive's credit to or render services or advice to, (i) any Person (other than the Company and the Parent Company) engaged in any business whose products or activities compete in whole or in material part with with, or (ii) any part of any business which competes with, the products or activities of the Employer Company (which, with respect to the Post- Employment Period, shall be deemed to include products and activities of the Company at the time of termination or contemplated by the Company at the time of termination) anywhere within the United StatesStates or in any other country, territory or possession in which the Company is then doing business; provided, however, that the Executive 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 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 the Executive's own account or for the account of any other personPerson, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the EmployerCompany, from any person Person known by the Executive to be a customer of the EmployerCompany, whether or not the Executive had personal contact with such person Person during and by reason of the Executive's employment with the EmployerCompany; (c) whether for the Executive's own account or the account of any other person (i) Person at any time during the Employment Period and the Post-Employment Period, Period (i) solicit, employ, employ or otherwise engage as an employee, independent contractor, contractor or otherwise, any person who is or was an employee of the Employer Company at any time during the Employment Period Period, or in any manner induce or attempt to induce any employee of the Employer Company to terminate his employment with the EmployerCompany; or (ii) interfere with the Company's relationship with any Person, including any Person who, at any time during the Employment Period and for three years thereafterPeriod, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, supplier or customer of the EmployerCompany; or (d) at any time during or after the Employment Period, disparage the Employer Company or any of its shareholders, directors, officers, employees, employees or agents.

Appears in 1 contract

Samples: Employment Agreement (G & G Retail Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly: (a) during During the Employment Period, except in the course of his employment hereunder, and during the Post-Employment Employments 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 the Executive's name or any similar name to, lend Executive's credit to or render ender services or advice to, any business whose products or activities compete in whole or in part with the products or activities of the Employer anywhere within the United StatesStates or any other jurisdiction in which the Employer then conducts business; provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one four point nine-nine (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;; provided, further, that this provision shall not apply to any interest or investment in any business owned by Executive as the Effective Date (an "Owned Company") as long as (i) any activity associated with, or business time of Executive devoted to, such investment does not materially interfere with Executive's duties hereunder, (ii) no Confidential Information belonging to, or regarding, Employer is used by Executive or such business, or disclosed to any employee, officer or director of such business, to the benefit of such business or the material detriment of Employer, and (iii) the nature of the business conducted by such business does not materially change from that conducted by such business as of the Effective Date which change would cause such business to compete more directly and materially with Employee. (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being bring carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, contractor or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment 9 Period and for three two (2) years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, current or prospective customer of the Employer; or; (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, employees or agents; and (e) six (6) months for other subjects not mentioned under Section 8.2(c) and 8.2(d).

Appears in 1 contract

Samples: Employment Agreement (Integrated Communication Networks Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly: (a) during the Employment Periodterm of his employment, except in the course of his employment hereunder, and during the Post-Employment PeriodPeriod (as defined below), engage or invest in, own, manage, operate, finance, control, control or participate in the ownership, management, operation, financing, financing or control of, be employed by, associated with, or in any manner connected with, lend the Executive's name or any similar name to, lend Executive's credit to or render services or advice to, any business whose products or activities compete engaged in whole or in part with the products or activities any aspect of the Employer anywhere within the United StatesEmployer's Business; providedPROVIDED, howeverHOWEVER, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) 12 of the Securities Exchange Act of 1934, as amended; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period term of his employment and the Post-Employment Period, solicit business of the same or similar type being carried on by related to the Employer, 's Business from any person known by the Executive to be a customer of the EmployerEmployer or any of its subsidiaries, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period term of his employment and the Post-Employment Period, solicit, employ, employ or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer or any of its subsidiaries at any time during the Employment Period term of his employment or in any manner induce or attempt to induce any employee of the Employer or any of its subsidiaries to terminate his employment with the EmployerEmployer or any of its subsidiaries; or (ii) at any time during the Employment Period term of his employment and for three years thereafter, interfere with the Employer's relationship or any of its subsidiaries' relationships with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the EmployerEmployer or any of its subsidiaries; or (d) at any time during or after the Employment Periodterm of his employment, disparage the Employer or any of its subsidiaries, shareholders, directors, officers, employees, employees or agents.

Appears in 1 contract

Samples: Employment Agreement (Dean & Deluca Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934;Employer (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Innovative Software Technologies Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the EmployerCompany, the Executive covenants that he will shall not, directly or indirectly: (a) during the Employment Period, except in the course of his employment hereunder, and during the Post-Employment PeriodPeriod (as defined below), engage or invest in, own, manage, operate, finance, control, control or participate in the ownership, management, operation, financing, financing or control of, be employed by, associated with, with or in any manner connected with, lend the Executive's name or any similar name to, lend the Executive's credit to or render services or advice to, any Person (other than the Company and the Parent Company) engaged in the retail apparel business whose products or activities compete in whole or in part with the products or activities of the Employer anywhere within the United StatesStates or in any other country, territory or possession in which the Company is then doing business; provided, however, that the Executive 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 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 the Executive's own account or for the account of any other personPerson, at any time during the Employment Period and the Post-Post- Employment Period, solicit business of the same or similar type being carried on by the EmployerCompany, from any person Person known by the Executive to be a customer of the EmployerCompany, whether or not the Executive had personal contact with such person Person during and by reason of the Executive's employment with the EmployerCompany; (c) whether for the Executive's own account or the account of any other person (i) Person at any time during the Employment Period and the Post-Employment Period, Period (i) solicit, employ, employ or otherwise engage as an employee, independent contractor, contractor or otherwise, any person who is or was an employee of the Employer Company at any time during the Employment Period Period, or in any manner induce or attempt to induce any employee of the Employer Company to terminate his employment with the EmployerCompany; or (ii) interfere with the Company's relationship with any Person, including any Person who, at any time during the Employment Period and for three years thereafterPeriod, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, supplier or customer of the EmployerCompany; or (d) at any time during or after the Employment Period, disparage the Employer Company or any of its shareholders, directors, officers, employees, employees or agents.

Appears in 1 contract

Samples: Employment Agreement (G & G Retail Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly: (a) during the Employment Period, except in the course of his employment hereunder, and directly or indirectly, engage or invest in, own, manage, operate, finance, control, or participate in the ownership, management, operation, financing, or control of, be employed by, associated (b) during the Post-Employment Period, directly or indirectly, 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 the Executive's name or any similar name to, lend Executive'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 product lines and the market areas utilized by the Employer and Craftmade on the last day of the Employer anywhere within the United StatesEmployment Period; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (bc) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type product lines being carried on by the Employer in the same market areas as the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (cd) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafterthe Post-Employment Period, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (de) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents. If any covenant in this Section 8.2 is held to be unreasonable, arbitrary, or against public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The Executive will, while the covenant under this Section 8.2 is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identity of the Executive's employer. Craftmade or the Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

Appears in 1 contract

Samples: Employment Agreement (Craftmade International Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly: (a) during the Employment Periodterm of his employment, except in the course of his employment hereunder, and during the Post-Employment Period, engage or invest in, own, manage, operate, finance, control, control or participate in the ownership, management, operation, financing, financing or control of, be employed by, associated with, or in any manner connected with, lend the Executive's name or any similar name to, lend Executive's credit to or render services or advice to, any business whose products or activities compete engaged in whole or in part with the products or activities any aspect of the Employer anywhere within the United StatesSmart Card Business; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) 12 of the Securities Exchange Act of 1934, as amended; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period term of his employment and the Post-Employment Period, solicit business of related to the same or similar type being carried on by the Employer, Smart Card Business from any person known by the Executive to be a customer of the EmployerEmployer or any of its subsidiaries, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period term of his employment and the Post-Employment Period, solicit, employ, employ or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer or any of its subsidiaries at any time during the Employment Period term of his employment or in any manner induce or attempt to induce any employee of the Employer or any of its subsidiaries to terminate his employment with the EmployerEmployer or any of its subsidiaries; or (ii) at any time during the Employment Period term of his employment and for three years thereafter, interfere with the Employer's relationship or any of its subsidiaries' relationships with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the EmployerEmployer or any of its subsidiaries; or (d) at any time during or after the Employment Periodterm of his employment, disparage the Employer or any of its subsidiaries, shareholders, directors, officers, employees, employees or agents.

Appears in 1 contract

Samples: Employment Agreement (Publicard Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive's credit to or render services or advice to, any business whose products or activities compete who competes in whole or in part with the products or activities of the Employer compressed air services anywhere within the United Statesworld; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment PeriodPeriod without the Employer's prior written consent, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Allis Chalmers Corp)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly: (ai) 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United StatesEmployer; provided, however, that the Executive 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; (bii) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (ciii) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafterPeriod, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (div) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents. If any covenant in this SECTION 8(b) is held to be unreasonable, arbitrary, or against public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this SECTION 8(b) will be extended by the duration of any violation by the Executive of such covenant. The Executive will, while the covenant under this SECTION 8(b) is in effect, give notice to the Employer, within ten (10) days after accepting any other employment, of the identity of the Executive's employer. The Buyer or the Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

Appears in 1 contract

Samples: Employment Agreement (Iti Technologies Inc)

Covenants of the Executive. In consideration of the acknowledgments acknowledgements by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will shall not, directly or indirectly: (aA) during the Executive's employment hereunder and for the Post-Employment Period, except engage in the course development, production, marketing, or sale of his products that compete (or, upon commercialization, would compete) with products of the Employer or its Affiliates being developed, marketed or sold as of the date of such termination whether such engagement shall be as an officer, director, owner, employee, partner, consultant, advisor or any other capacity. This Section 8.2(a) shall not prevent the Executive from owning not more than one percent (1%) of the total shares of all classes of stock outstanding of any publicly held entity engaged in such business; (B) during the Executive's employment hereunder, hereunder and during the Post-Employment Period, engage individually or invest inon behalf of any other person, ownfirm, managecorporation or other entity, operateknowingly solicit, financeaid or induce: (i) any employee, controldirector or other person providing services to the Employer or any of its Affiliates to leave such employment or otherwise cease providing services in order to accept employment with or otherwise render services to or with any other person, firm, corporation or other entity unaffiliated with the Employer or its Affiliates, or participate knowingly take any action to materially assist or aid any other person, firm, corporation or other entity in identifying or hiring any such person (provided, that the ownership, management, operation, financing, foregoing shall not be violated by general advertising not targeted at the Employer's employees nor by serving as a reference for a person with regard to an entity with which the Executive is not affiliated) or control of, be employed by, associated with, or in (ii) any manner connected with, lend the Executive's name or any similar name to, lend Executive'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 customer of the Employer anywhere within or any of its Affiliates to purchase goods or services then sold by the United States; providedEmployer or any of its Affiliates from another person, howeverfirm, that the Executive may purchase corporation or otherwise acquire up to (but not more than) one percent of other entity or assist or aid any class of securities of other persons or entity in identifying or soliciting 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 1934customer; (bC) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment Period interfere with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee relationship of the Employer at or any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship Affiliate with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, supplier or customer of the Employer; or (dD) make any statements at any time during or after the Employment Period, that disparage the Employer Employer, its Affiliates or any of its shareholderstheir respective employees, officers, directors, officers, employees, products or agentsservices.

Appears in 1 contract

Samples: Executive Employment Agreement (WCI Steel, Inc.)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that during and for eighteen (18) months following the termination of his employment for any reason, 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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 the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, use Confidential Information to solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) whether for the Executive's ’s own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Periodsolicit for employment, solicit, employ, directly or otherwise engage as an employee, independent contractor, or otherwiseindirectly, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his or her employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Executive Employment Agreement (BMC Software Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United StatesEmployer; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and or the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafteror the Post Employment Period, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Eagle Supply Group Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive's credit to or render services or advice to, any business whose products or activities are similar to, or compete in whole or in part with with, the products or activities of the Employer anywhere within the United StatesEmployer; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, person at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (dc) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Room Plus Inc)

Covenants of the Executive. 8.1 In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly: (a) 8.1.1 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 the Executive's name or any similar name to, lend Executive's credit to or render services or advice to, any business whose products or activities directly compete in whole or in part with the products or activities of the Employer anywhere within the United Statesits then market territory; provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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; provided that nothing in this Section 8.1 shall prohibit or restrict the Executive from engaging in investment banking, merchant banking or capital formation businesses; (b) 8.1.2 whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) 8.1.3 whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or; (d) 8.1.4 at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents. 8.2 For purposes of this Section 8, the term "Post-Employment Period" means the six months' period beginning on the date of termination of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Centennial Bancorp)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly:, at any time during the Employment Period or the Post-Employment Period (as defined below): (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 the Executive's name or any similar name to, lend the Executive's credit to or render services or advice to, any business whose products products, services or activities compete in whole or in part with the products products, services, or activities of the Employer anywhere within in the United States; provided, howeverPROVIDED HOWEVER, that the Executive 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 1934Act; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Perioddirectly or indirectly, solicit business of the same or similar type being carried on by the Employer, Employer from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person person, directly or indirectly, (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage solicit as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period and the Post-Employment Period, or in any manner induce or attempt to induce any employee of the Employer to terminate his or her employment with the Employer; , or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time anytime during the Employment Period was an employee, contractor, supplier, or customer of the Employer, provided however, that nothing in this Section 6.2(c) shall prohibit the Executive from maintaining personal contacts with employees of the Employer; or (d) at any time during or after in order to receive the Employment PeriodSeverance Pay provided in Section 4, Executive will agree not to disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Tutogen Medical Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934;Employer (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents. For purposes of this Section 7.2, the term "Post-Employment Period" means the two year period beginning on the date of termination of the Executive's employment with the Employer. If any covenant in this Section 7.2 is held to be unreasonable, arbitrary, or against public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 7.2 will be extended by the duration of any violation by the Executive of such covenant. The Executive will, while the covenant under this Section 7.2 is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identity of the Executive's employer. The Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

Appears in 1 contract

Samples: Employment Agreement (Znergy, Inc.)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that during and for two (2) years following the termination of his employment for any reason, 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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 the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) whether for the Executive's ’s own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at or If any time during or after the Employment Periodcovenant in this Section 8.2 is held to be unreasonable, disparage the Employer or any of its shareholders, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant.

Appears in 1 contract

Samples: Executive Employment Agreement (BMC Software Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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, and, at a minimum, during the period from the Effective Date until June 30, 2010, 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 the Executive's name or any similar name to, lend Executive's credit to or render services or advice to, any business whose products providing employment staffing or activities compete in whole or in part with consulting services to the products or activities of the Employer anywhere within the United Statesoil and gas related industry (a "Competing Business"); provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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 provided, further, that the Executive may individually work as an engineer or individually provide engineering consulting services in the oil and gas industry; (b) whether for the Executive's own account or for the account of any other personPerson, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, for a Competing Business from any person Person known by the Executive to be a customer or a potential customer of any member of the EmployerEmployer Group, whether or not the Executive had personal contact with such person Person during and by reason of the Executive's employment with the Employer; provided, however, that the Executive may individually work as an engineer, or provide engineering consulting services, in the oil and gas industry; (c) whether for the Executive's own account or the account of any other person Person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee (or was an employee within two (2) years of the date in question) of any member of the Employer Group at any time during the Employment Period or in any manner induce or attempt to induce any employee of any member of the Employer Group to terminate his employment with such member of the EmployerEmployer Group; or (ii) at any time during the Employment Period and for three years thereafterthe Post-Employment Period, interfere with any member of the EmployerEmployer Group's relationship with any personPerson, including any person Person who at any time during the Employment Period was an employee, contractor, supplier, or customer of such member of the EmployerEmployer Group; or (d) at any time during or after the Employment Period, disparage any member of the Employer Group or any of its shareholders, partners, members, managers, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Tradestar Services, Inc.)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly: (a) during the Employment Period, except in the course of his employment hereunder, and during the a oneyear 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 the Executive's name or any similar name to, lend Executive's credit to or render services or advice to, any business whose products products, services or activities compete in whole or in part with the products products, services or activities of the Employer anywhere within the United StatesStates or any other jurisdiction in which Employer then conducts business; provided, however, that the Executive 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 in any national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the one-year Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Reorganization Agreement (Accupoll Holding Corp)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafterthe Post-Employment Period, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents. If the Executive breaches any of the terms and provisions of this Section 7.2, the Employer may, in addition to any other remedies that the Employer may have for any such breach, immediately terminate the payment of any benefits then being paid to the Executive during the Post-Employment Period.

Appears in 1 contract

Samples: Employment Agreement (Primal Solutions Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly: (a) during the Employment Period, except in the course of his employment hereunder, and during the a one-year 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 the Executive's name or any similar name to, lend Executive's credit to or render services or advice to, any business whose products products, services or activities compete in whole or in part with the products products, services or activities of the Employer anywhere within the United StatesStates or any other jurisdiction in which Employer then conducts business; provided, however, that the Executive 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 in any national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the one-year Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Reorganization Agreement (Accupoll Holding Corp)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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-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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United StatesStates where the Employer conducts or markets its business or products; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Firstcity Financial Corp)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 [anywhere within the United States]; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents. For purposes of this Section 8.2, the term "Post-Employment Period" means the If any covenant in this Section 8.2 is held to be unreasonable, arbitrary, or against public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant. The Executive will, while the covenant under this Section 8.2 is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identity of the Executive's employer. The Buyer or the Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

Appears in 1 contract

Samples: Employment Agreement

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will not, directly or indirectly: (a) during : 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether ; Whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether ; Whether for the Executive's own account or the account of any other person (ia) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (iib) at any time during the Employment Period and for three years thereafterthe Post Employment Period, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at or At any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Lion Inc/Wa)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend the Executive'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 anywhere within any where in the United Statesworld; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Continental Conveyor & Equipment Co)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the EmployerCompany, the Executive 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 the Executive's name or any similar name to, lend the Executive's credit to or render services or advice to, any business whose products products, services or activities compete in whole or in part with the products products, services or activities of the Employer Company or its Affiliates, anywhere within Texas where the United States; provided, however, that the Executive may purchase Company 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 its Affiliates conduct or market such enterprise) if such securities are listed on any national business or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934;services. (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the EmployerCompany or its Affiliates, from any person known by the Executive to be a customer of the EmployerCompany or its Affiliates, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the EmployerCompany; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was at the time of such solicitation, employment or engagement an employee employee, consultant or independent contractor of the Employer at any time during the Employment Period Company or in any manner induce or attempt to induce any employee of the Employer Company or its Affiliates to terminate his his/her employment with the EmployerCompany or its Affiliates; or (ii) at any time during the Employment Period and for three years thereafterthe Post-Employment Period, interfere with the EmployerCompany's or its Affiliates' relationship with any person, including any person who is or was at any time during the Employment Period was Period, an employee, contractor, supplier, or customer of the EmployerCompany or its Affiliates; or (d) at any time during or after the Employment Period, including the Post-Employment Period, disparage the Employer Company or its Affiliates or any of its their shareholders, partners, members, other holders of equity in the Company, directors, officers, employees, or agentsagents or any Affiliate of the foregoing. If any covenant in this Section 7.2 is held to be unreasonable, arbitrary, or against public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 7.2 will be extended by the duration of any violation by the Executive of such covenant. The Executive will, while the covenant under this Section 7.2 is in effect, give written notice to the Company, within ten (10) days after accepting any other employment or consulting arrangement, of the identity of the Executive's new employer or contractor and all of the material or relevant terms of such employment or retention. The Company may notify such new employer that the Executive is bound by this Agreement and, at the Company's election, furnish such new employer with a copy of this Agreement or relevant portion thereof.

Appears in 1 contract

Samples: Employment and Noncompetition Agreement (Park Pharmacy Corp)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that during and for eighteen months following the Employment Period he will not, directly or indirectly: (a) during the Employment Period, a. 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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) b. whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer;; or (c) c. whether for the Executive's ’s own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his or her employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at . If any time during or after the Employment Periodcovenant in this Section 8.2 is held to be unreasonable, disparage the Employer or any of its shareholders, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant.

Appears in 1 contract

Samples: Executive Employment Agreement (BMC Software Inc)

Covenants of the Executive. In consideration (a) From the date hereof until the Reversion Date (as defined in the Amendment to Acquisition Agreement and Assignment and Assumption, dated of even date herewith, among the acknowledgments by the ExecutiveCompany, Xxxxxxx Realty Trust, Inc. and in consideration of the compensation and benefits to be paid or provided to the Executive by the EmployerWinthrop, (i) except for Permitted Investments, the Executive covenants that he will shall not, within any jurisdiction or marketing area in which the Company or any of its affiliates is doing business, 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, consult with, be employed by or participate in the ownership, management, operation, financing, operation or control of, be employed by, associated with, of any business of the type and character engaged in or in any manner connected with, lend competitive with that conducted by the Executive's name Company or any similar name to, lend Executive'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 anywhere within the United Statesits affiliates; provided, however, that the Company acknowledges that investments by Winthrop in non-Net Lease Assets are not a violation of this Section 7(a)(i); (ii) the Executive may purchase shall not, directly or indirectly, employ, solicit for employment or otherwise acquire up contract for the services of any employee of the Company or any of its affiliates at the time of this Agreement or who shall subsequently become an employee of the Company or any such affiliate; provided, however, this subparagraph (ii) shall not apply to (but A) the Executive’s personal secretary at the time of termination, (B) provided that Executive has not more thanbeen terminated for Cause, Xxxx Xxxxxxx; provided further, that so long as Executive has not been terminated by the Company for Cause, it will not be a violation of this subparagraph (ii) one percent if (x) any of the persons listed on Schedule 7(a)(ii) attached hereto approach Xxxxxx about employment with Winthrop, FWG or WRP, (y) in response to such approach Executive offers such person employment at Winthrop, FWG or WRP at any time after July 15, 2007, and (z) Executive delivers written notice of such offer to the Company, including all the terms thereof, at least thirty (30) days prior to the effective date of such offer; and (iii) the Executive will not solicit, in competition with the Company or its affiliates, any person who is, or was at any time within the twelve months prior to his termination of employment, a customer of the business conducted by the Company or any of its affiliates. For purposes of determining whether to permanently withhold, or recover, payments from the Executive pursuant to Section 7(d) hereof, the Board shall determine what constitutes a competing business; provided that (x) the scope of businesses and the jurisdictions and marketing areas within which the Executive has agreed not to compete pursuant to clause (a)(i) of this Section 7 shall, for any challenged activity of the Executive, be determined as of the date of any such activity and (y) the Executive’s ownership of securities of two percent (2%) or less of any publicly traded 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; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive a public company shall not be considered to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment competition with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer Company or any of its shareholdersaffiliates. Notwithstanding the foregoing, directors, officers, employees, the provision of this Section 7(a) shall not apply following the Executive’s termination if the Executive is terminated by the Company without Cause or agentsthe Executive terminates for Good Reason or a Pre-Change in Control Termination.

Appears in 1 contract

Samples: Employment Agreement (Lexington Realty Trust)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that during and for eighteen months following the Employment Period he will not, directly or indirectly: (a) during the Employment Period, a. 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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) b. whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) c. whether for the Executive's ’s own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at or If any time during or after the Employment Periodcovenant in this Section 8.2 is held to be unreasonable, disparage the Employer or any of its shareholders, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant.

Appears in 1 contract

Samples: Employment Agreement (BMC Software Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United StatesStates of Utah, New Mexico and Colorado; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934; (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Allis Chalmers Corp)

Covenants of the Executive. In consideration of the acknowledgments acknowledgements by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he will she shall not, directly or indirectly: (a) during the Executive's employment hereunder and for the Post-Employment Period, except engage in the course development, production, marketing, or sale of his products that compete (or, upon commercialization, would compete) with products of the Employer or its Affiliates being developed, marketed or sold as of the date of such termination whether such engagement shall be as an officer, director, owner, employee, partner, consultant, advisor or any other capacity. This Section 8.2(a) shall not prevent the Executive from owning not more than one percent (1%) of the total shares of all classes of stock outstanding of any publicly held entity engaged in such business; (b) during the Executive's employment hereunder, hereunder and during the Post-Employment Period, engage individually or invest inon behalf of any other person, ownfirm, managecorporation or other entity, operateknowingly solicit, financeaid or induce: (i) any employee, controldirector or other person providing services to the Employer or any of its Affiliates to leave such employment or otherwise cease providing services in order to accept employment with or otherwise render services to or with any other person, firm, corporation or other entity unaffiliated with the Employer or its Affiliates, or participate knowingly take any action to materially assist or aid any other person, firm, corporation or other entity in identifying or hiring any such person (provided, that the ownership, management, operation, financing, foregoing shall not be violated by general advertising not targeted at the Employer's employees nor by serving as a reference for a person with regard to an entity with which the Executive is not affiliated) or control of, be employed by, associated with, or in (ii) any manner connected with, lend the Executive's name or any similar name to, lend Executive'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 customer of the Employer anywhere within or any of its Affiliates to purchase goods or services then sold by the United States; providedEmployer or any of its Affiliates from another person, howeverfirm, that the Executive may purchase corporation or otherwise acquire up to (but not more than) one percent of other entity or assist or aid any class of securities of other persons or entity in identifying or soliciting 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 1934customer; (bc) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment Period interfere with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee relationship of the Employer at or any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship Affiliate with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, supplier or customer of the Employer; or (d) make any statements at any time during or after the Employment Period, that disparage the Employer Employer, its Affiliates or any of its shareholderstheir respective employees, officers, directors, officers, employees, products or agentsservices.

Appears in 1 contract

Samples: Executive Employment Agreement (WCI Steel, Inc.)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that during and for two (2) years following the Employment Period he will not, directly or indirectly: (a) during the Employment Period, a. 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 the Executive's name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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) b. whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) c. whether for the Executive's own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at or If any time during or after the Employment Periodcovenant in this Section 8.2 is held to be unreasonable, disparage the Employer or any of its shareholders, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant.

Appears in 1 contract

Samples: Executive Employment Agreement (BMC Software Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive 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 the Executive's name or any similar name to, lend Executive'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 anywhere within the United States; provided, however, that the Executive 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 national or regional securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934;be (b) whether for the Executive's own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's employment with the Employer; (c) whether for the Executive's own account or the account of any other person (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is or was an employee of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three five years thereafter, interfere with the Employer's relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at any time during or after the Employment Period, disparage the Employer or any of its shareholders, directors, officers, employees, or agents.

Appears in 1 contract

Samples: Employment Agreement (Nationsrent Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that he during and for eighteen months following the Employment Period she will not, directly or indirectly: (a) during the Employment Period, a. except in the course of his her 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that (i) if Executive is terminated by Employer without cause or if Executive terminates her employment pursuant to Section 6.1(f) hereof, then Executive’s non-compete obligation set forth in this Section 8.2(a) shall only apply to the companies listed in Attachment B hereto and (ii) further provided that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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) b. whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) c. whether for the Executive's ’s own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his or her employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at or If any time during or after the Employment Periodcovenant in this Section 8.2 is held to be unreasonable, disparage the Employer or any of its shareholders, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant.

Appears in 1 contract

Samples: Executive Employment Agreement (BMC Software Inc)

Covenants of the Executive. In consideration of the acknowledgments by the Executive, and in consideration of the compensation and benefits to be paid or provided to the Executive by the Employer, the Executive covenants that during and for two (2) years following the Employment Period he will not, directly or indirectly: (a) during the Employment Period, a. 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 the Executive's ’s name or any similar name to, lend Executive'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 anywhere within in the United States; world, provided, however, that the Executive may purchase or otherwise acquire up to (but not more than) one five percent (5%) 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) b. whether for the Executive's ’s own account or for the account of any other person, at any time during the Employment Period and the Post-Employment Period, solicit business of the same or similar type being carried on by the Employer, from any person known by the Executive to be a customer or a potential customer of the Employer, whether or not the Executive had personal contact with such person during and by reason of the Executive's ’s employment with the Employer; (c) c. whether for the Executive's ’s own account or the account of any other person person, (i) at any time during the Employment Period and the Post-Employment Period, solicit, employ, or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee (or was an employee within two (2) years of the date in question) of the Employer at any time during the Employment Period or in any manner induce or attempt to induce any employee of the Employer to terminate his employment with the Employer; or (ii) at any time during the Employment Period and for three years thereafter, interfere with the Employer's ’s relationship with any person, including any person who at any time during the Employment Period was an employee, contractor, supplier, or customer of the Employer; or (d) at or If any time during or after the Employment Periodcovenant in this Section 8.2 is held to be unreasonable, disparage the Employer or any of its shareholders, directors, officers, employeesarbitrary, or agentsagainst public policy, such covenant will be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, will be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant.

Appears in 1 contract

Samples: Executive Employment Agreement (BMC Software Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!