Common use of Definition of Post-Termination Non-Compete Term Clause in Contracts

Definition of Post-Termination Non-Compete Term. For purposes of this Agreement, the “Post-Termination Non-Compete Term” is the one-year period following the Date of Termination; provided, however, that the Post-Termination Non-Compete Term shall be reduced to the six-month period following the Date of Termination if this Agreement is terminated on or before the first anniversary of the CIC Effective Date either (i) by the Company without Cause in accordance with subparagraph 6(d) or (ii) by Employee for Good Reason in accordance with subparagraph 6(e).

Definition of Post-Termination Non-Compete Term. For purposes of this Agreement, the “Post-Termination Non-Compete Term” is the one-year period following the Date of Termination; provided, however, that the Post-Termination Non-Compete Term shall be reduced to the six-month period following the Date of Termination if this Agreement is terminated on or before the first anniversary of the CIC Effective Date either (i) by the Company without Cause in accordance Employee with subparagraph 6(d) or (ii) by Employee for Good Reason in accordance with subparagraph 6(e) or (ii) on account of a Change in Control in accordance with subparagraph 8(b).