Common use of Further Covenant Clause in Contracts

Further Covenant. During the Term and through the first anniversary of the Termination Date, the Executive shall not, directly or indirectly, take any of the following actions, and, to the extent the Executive owns, manages, operates, controls, is employed by or participates in the ownership, management, operation or control of, or is connected in any manner with, any business, the Executive will use his best efforts to ensure that such business does not take any of the following actions: (i) persuade or attempt to persuade any customer of the Company to cease doing business with the Company, or to reduce the amount of business any customer does with the Company; (ii) solicit for himself or any entity the business of a customer of the Company, or solicit any business which was a customer of the Company in competition with the Company’s Business within twelve (12) months prior to the termination of the Executive’s employment; or (iii) persuade or attempt to persuade any employee of the Company to leave the employ of the Company, or hire or engage, directly or indirectly, any individual who was an employee of the Company within one (1) year prior to the Executive’s Termination Date.

Appears in 7 contracts

Samples: Employment Agreement (Neurotrope, Inc.), Employment Agreement (Petro River Oil Corp.), Employment Agreement (Petro River Oil Corp.)

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Further Covenant. During the Term and through the first second anniversary of the Termination Date, the Executive shall not, directly or indirectly, take any of the following actions, and, to the extent the Executive owns, manages, operates, controls, is employed by or participates in the ownership, management, operation or control of, or is connected in any manner with, any business, the Executive will use his the Executive’s best efforts to ensure that such business does not take any of the following actions: (i) persuade Persuade or attempt to persuade any customer of the Company to cease doing business with the Company, or to reduce the amount of business any customer does with the Company; (ii) solicit for himself or Take any entity the business of a customer of the Company, or solicit any business which was a customer of the Company in competition action that interferes with the Company’s Business within twelve (12) months prior to the termination of the Executive’s employmentcontracts or prospective contracts with its customers; or (iii) persuade Persuade or attempt to persuade any employee or independent contractor of the Company to leave the employ service of the Company, or hire or engage, directly or indirectly, any individual who was an employee or independent contractor of the Company within one (1) year prior to the Executive’s Termination Date.

Appears in 3 contracts

Samples: Employment Agreement (Dare Bioscience, Inc.), Employment Agreement (Dare Bioscience, Inc.), Employment Agreement (Dare Bioscience, Inc.)

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