Definition of Competition. For purposes of this Agreement, “Competition” means, for Executive's benefit or for the benefit of any other Person, firm or entity, any of the following:
Appears in 2 contracts
Samples: Employment Agreement (Dresser-Rand Group Inc.), Confidentiality, Non Compete, Severance, and Change in Control Agreement (Dresser-Rand Group Inc.)
Definition of Competition. For purposes of this Agreement, “Competition” means, for Executive's ’s benefit or for the benefit of any other Person, firm or entity, any of the following:
Appears in 1 contract
Samples: Confidentiality, Non Compete, Severance, and Change in Control Agreement (Dresser-Rand Group Inc.)
Definition of Competition. For purposes of this Agreement, “Competition” meansis deemed to occur if a Recipient, for Executive's benefit who ceases to be employed by the Company or for its Subsidiaries or who ceases to provide services to the benefit Company or its Subsidiaries, obtains a position as a full-time or part-time employee of, as a member of any other Personthe board of directors of, or as a consultant or advisor with or to, or acquires an ownership interest in excess of 5% of, a corporation, partnership, firm or entity, other entity that engages in any of the following:businesses of the Company or any Subsidiary.
Appears in 1 contract
Samples: Performance Based Restricted Stock Agreement (Pool Corp)
