Common use of IN-TERM COVENANT NOT TO COMPETE Clause in Contracts

IN-TERM COVENANT NOT TO COMPETE. The FRANCHISEE, the FRANCHISEE'S shareholders and the Personal Guarantors will not, during the term of this Agreement, on their own account or as an employee, agent, consultant, partner, officer, director or shareholder of any other person, firm, entity, partnership or corporation: (A) seek to employ any person who is at that time employed by COST CUTTERS or by any other Cost Cutters, City Looks or We Care Hair(R) franchisee, or induce any such employee to terminate his or her employment; or (B) own, operate, lease, franchise, conduct, engage in, be connected with, have any interest in or assist any person or entity engaged in any hairstyling, xxxxxx or other business that is in any way competitive with or similar to the Cost Cutters businesses operated by COST CUTTERS or COST CUTTERS' franchisees, except with the prior written consent of COST CUTTERS.

IN-TERM COVENANT NOT TO COMPETE. The FRANCHISEE, the FRANCHISEE'S shareholders and the Personal Guarantors will not, during the term of this Agreement, on their own account or as an employee, agent, consultant, partner, officer, director director, member, or shareholder of any other person, firm, entity, partnership or corporation: (A) seek to employ any person who is at that time employed by COST CUTTERS or by any other Cost Cutters, City Looks or We Care Hair(R) franchisee, or induce any such employee to terminate his or her employment; or (B) own, operate, lease, franchise, conduct, engage in, be connected with, have any interest in in, or assist any person or entity engaged in any hairstyling, xxxxxx or other business that is in any way competitive with or similar to the Cost Cutters businesses operated conducted by COST CUTTERS or COST CUTTERS' franchiseesfranchisees (including, but not limited to, the FRANCHISEE), except with the prior written consent of COST CUTTERS.