Common use of Following Termination of Employment Period Clause in Contracts

Following Termination of Employment Period. Within the one (1) year period immediately following the later of the end of the Employment Period or termination of the Key Employee's employment with the Company, for any reason except as set forth below, the Key Employee shall not, without the prior written consent of the Company, which consent may be withheld at the sole discretion of the Company: (a) engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, employee, creditor, or otherwise with the operation, management, or conduct of any business similar to the Business of the Company being conducted at the time of such termination anywhere in the United States, and any other area in which the Company is, or reasonably contemplating, doing Business at the time of such termination; (b) solicit, contact, interfere with, or divert any customer served by the Company, or any prospective customer identified by or on behalf of the Company, during the Key Employee's employment with the Company; or (c) solicit any person then or previously employed by the Company to join the Key Employee, whether as a partner, agent, employee or otherwise, in any enterprise engaged in a business similar to the Business of the Company being conducted at the time of such termination.

Appears in 1 contract

Samples: Employment Agreement (Hy Tech Technology Group Inc)

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Following Termination of Employment Period. Within the one (1) year period immediately following the later of the end of the Employment Period or termination of the Key EmployeeExecutive's employment Employment with the Company, for any reason except as set forth below, the Key Employee Executive shall not, without the prior written consent of the Company, which consent may be withheld at the sole discretion of the Company: (a) engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, employee, creditor, or otherwise with the operation, management, or conduct of any business similar to the Business business of the Company being conducted at the time of such termination anywhere in the United States, and any other area in which the Company is, or reasonably contemplating, doing Business business at the time of such termination; (b) solicit, contact, interfere with, or divert any customer served by the Company, or any prospective customer identified by or on behalf of the Company, during the Key EmployeeExecutive's employment Employment with the Company; or (c) solicit any person then or previously employed by the Company to join the Key EmployeeExecutive, whether as a partner, agent, employee or otherwise, in any enterprise engaged in a business similar to the Business business of the Company being conducted at the time of such termination. For purposes of this Agreement, the business is deemed to be the development and maintenance of computer software, controls, and hardware electronics for use in robotics, manufacturing, and automation industries and that all such software and hardware is owned and shall be exclusively owned by the Company.

Appears in 1 contract

Samples: Employment Agreement (Innova Holdings)

Following Termination of Employment Period. Within the one two (12) year period immediately following the later of the end of the Employment Period or termination of the Key EmployeeExecutive's employment with the Company, for any regardless of the reason except as set forth belowtherefor, the Key Employee Executive shall not, without the prior written consent of the Company, which consent may be withheld at the sole discretion of 8 the Company: (a) engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, employee, creditor, or otherwise with the operation, management, or conduct of any business similar to the Business business of the Company being conducted at the time of such termination anywhere in within a two hundred (200) mile radius from (i) the United States, metropolitan Milwaukee area and (ii) any other area in which the Company is, or reasonably contemplating, doing Business business at the time of such termination; (b) solicit, contact, interfere with, or divert any customer served by the Company, or any prospective customer identified by or on behalf of the Company, during the Key EmployeeExecutive's employment with the Company; or (c) solicit any person then or previously employed by the Company to join the Key EmployeeExecutive, whether as a partner, agent, employee or otherwise, in any enterprise engaged in a business similar to the Business business of the Company being conducted at the time of such termination.

Appears in 1 contract

Samples: Employment Agreement (Merge Technologies Inc)

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Following Termination of Employment Period. Within the one two (12) year period immediately following the later of the end of the Employment Period or termination of the Key Employee's employment with the Company, for any reason except as set forth below, the Key Employee shall not, without the prior written consent of the Company, which consent may be withheld at the sole discretion of the Company: (a) engage in or in any manner be connected or concerned, directly or indirectly, whether as an officer, director, stockholder, partner, owner, employee, creditor, or otherwise with the operation, management, or conduct of any business similar to the Business business of the Company being conducted at the time of such termination anywhere in the United States, States and (ii) any other area in which the Company is, or reasonably contemplating, doing Business business at the time of such termination; (b) solicit, contact, interfere with, or divert any customer served by the Company, or any prospective customer identified by or on behalf of the Company, during the Key Employee's employment with the Company; or (c) solicit any person then or previously employed by the Company to join the Key Employee, whether as a partner, agent, employee or otherwise, in any enterprise engaged in a business similar to the Business business of the Company being conducted at the time of such termination. For purposes of this Agreement, the business is deemed to be the development, manufacture and sale of controllers and related software for use with robotic machines and consultation in connection therewith. If the Company terminates the Employee prior to the expiration of a term without "just cause", as defined below, then the provisions of this Section 11 shall not apply to the Key Employee.

Appears in 1 contract

Samples: Employment Agreement (Innova Holdings)

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