Limitations on Post-Termination Competition Sample Clauses

Limitations on Post-Termination Competition. During employment and for two years after the termination for any reason of Executive's employment, Executive will not provide any Services within the Territory to any person or entity developing, manufacturing, marketing, selling, distributing or installing any Products.
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Limitations on Post-Termination Competition. Executive hereby covenants and agrees that at no time during Executive's employment with Company and for a period of one year immediately following termination of Executive's employment with Company, whether voluntary or involuntary, Executive shall not perform Services within the Territory for any Person providing or offering goods or services identical to or reasonably substitutable for Company's Business. Executive acknowledges that (i) this covenant has unique, substantial, and immeasurable value to Company, (ii) this covenant is reasonably limited in scope and geography to protect Company's legitimate business interests, including its property, confidential information and relationships, good will, economic advantage, and customer relationships; (iii) the agreements, covenants and undertakings of Executive set forth in this Agreement will not preclude Executive from becoming gainfully employed following termination of employment with Company; and (iv) the services Executive intends and is expected to provide are special and unique.
Limitations on Post-Termination Competition. During the Restriction Period, Executive shall not provide any Services within the Territory to any person or entity developing, designing, manufacturing, marketing, selling, distributing or installing any Products.
Limitations on Post-Termination Competition. During employment and for a period of 24 months following his Termination Date, Executive will not, within the Territory, be employed or engaged by a Competing Business as a director, executive, officer, manager, consultant or equivalent position.
Limitations on Post-Termination Competition. During employment and for six months after the termination for any reason of Executive's employment, or for such longer period as Executive is receiving benefits under Section 5(c)(i) and (ii) hereof, Executive will not in competition with the Company provide any Services within the Territory to any person or entity developing, manufacturing, marketing, selling, distributing or installing any Products, without the prior written approval of the Company.
Limitations on Post-Termination Competition. During employment and for a period equal to the longer of (i) 12 months following his Termination Date or (ii) the period during which Executive is paid pursuant to the terms of his Employment Agreement, Executive will not, within the Territory, be employed or engaged by a Competing Business as a employee, director, executive, officer, manager, consultant or equivalent position.
Limitations on Post-Termination Competition. During employment with the Company and for 12 months after the expiration or termination for any reason of Executive’s employment, Executive shall not provide any Services within the Territory to any person or entity developing, designing, manufacturing, marketing, selling, distributing or installing any Products. Notwithstanding the foregoing, if a Change in Control occurs during the term of this Agreement, and Executive is thereafter Involuntarily Separated from Service or Separates from Service for Good Reason during the employment term, Executive shall not, for 24 months following Executive’s last day of employment, provide any Services within the Territory to any person or entity developing, designing, manufacturing, marketing, selling, distributing or installing any Products.
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Limitations on Post-Termination Competition. Employee hereby covenants and agrees that during Employee’s employment with the Buyer, and for 2 years immediately following any termination of Employee’s employment with the Buyer for any reason, Employee will not, within the Territory, directly engage in the Business, or accept employment or engagement as a director, executive, officer, manager, salesman, researcher or consultant with any person or entity engaging in whole or in part in the Business; provided, however, that nothing contained in this Article 4 shall prohibit Employee from acquiring not more than five percent (5%) of any company whose common stock is publicly traded on a national securities exchange or in the over-the-counter market. Employee acknowledges that (a) this covenant has unique, substantial, and immeasurable value to the Parent and its Affiliates, (b) this covenant is reasonably limited in scope and geography to protect the Parent’s and its Affiliates’ legitimate business interests, including their property, confidential information and relationships, good will, economic advantage, and customer relationships; (c) the agreements, covenants and undertakings of Employee set forth in this Agreement will not preclude Employee from becoming gainfully employed following termination of employment with the Buyer; and (d) the services Employee intends and is expected to provide are special and unique.
Limitations on Post-Termination Competition. During employment with the Company and for two years after the termination for any reason of Employee’s employment, Employee will not provide any Services within the Territory to any person or entity developing, manufacturing, marketing, selling, distributing or installing any Products.

Related to Limitations on Post-Termination Competition

  • Limitations on Termination Except as provided in Section 9.1, neither the Seller nor the Certificateholders shall be entitled to revoke or terminate the Issuer.

  • Restrictions on Competition During the term of this Agreement and for a period of one year after you cease to be an employee of DFC or an affiliate of DFC, you will not, without the prior written consent of DFC, (a) accept employment or render service to any person, firm or corporation, directly or indirectly, in competition with DFC, or any affiliate thereof for any purpose which would be competitive with the business of DFC and its affiliates within the Commonwealth of Puerto Rico or any other geographic area in which DFC or any affiliate of DFC by which you were employed, conducted operations (the "Restricted Area") or any business as to which studies or preparations relating to the entry into which were made by DFC or any affiliate of DFC by which you were employed within one year prior thereto (collectively, the "Restricted Businesses") or (b) directly or indirectly, enter into or in any manner take part in or lend your name, counsel or assistance to any venture, enterprise, business or endeavor, whether as proprietor, principal, investor, partner, director, officer, employee, consultant, adviser, agent, independent contractor or in any other capacity whatsoever for any purpose which would be competitive with the Restricted Businesses in the Restricted Area. An investment not exceeding 5% of the outstanding stock in any corporation regularly traded on any national securities exchange or in the over-the-counter market shall not be deemed to violate this provision, provided that you shall not render any services for such corporation.

  • Post-Termination Restrictions Employee recognizes that (i) Company has spent substantial money, time and effort over the years in developing and solidifying its relationships with its customers, suppliers, landlords and alliance, marketing and media partners and in developing its Confidential Information; (ii) long-term customer, landlord, supplier and partner relationships often can be difficult to develop and require a significant investment of time, effort and expense; (iii) Company has paid its employees to, among other things, develop and preserve business information, customer, landlord, vendor and partner goodwill, customer, landlord, vendor and partner loyalty and customer, landlord, vendor and partner contacts for and on behalf of Company; and (iv) Company is hereby agreeing to employ and pay Employee based upon Employee’s assurances and promises not to divert goodwill of customers, landlords, suppliers or partners of Company, either individually or on a combined basis, or to put himself in a position following Employee’s employment with Company in which the confidentiality of Company’s Confidential Information might somehow be compromised. Accordingly, Employee agrees that during the Employment Period and for the period of time set forth below following termination of employment, provided termination is in accordance with the terms of Section 4.1(b), (c), or (d), or due to expiration of the Agreement due to non-renewal by either party, Employee will not, directly or indirectly (whether as owner, partner, consultant, employee or otherwise):

  • Term; Termination; Rights on Termination The term of this Agreement shall begin on the date hereof and continue for three (3) years, and, unless terminated sooner as herein provided, shall continue thereafter on a year-to-year basis on the same terms and conditions contained herein in effect as of the time of renewal (such initial three year period and any extensions thereof being referred to herein as the "Term"). This Agreement and Employee's employment may be terminated in any one of the following ways:

  • Limitations and Conditions on Benefits The benefits and payments provided under this Agreement shall be subject to the following terms and limitations:

  • Restrictions on employment The Borrower shall procure that no Owner employ the Ship owned by it, nor permit her to be employed, outside the cover provided by any obligatory insurances.

  • Limitations on Benefits It is the explicit intention of Purchaser and Seller that no person or entity other than Purchaser and Seller and their permitted successors and assigns is or shall be entitled to bring any action to enforce any provision of this Agreement against any of the parties hereto, and the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, Purchaser and Seller or their respective successors and assigns as permitted hereunder. Nothing contained in this Agreement shall under any circumstances whatsoever be deemed or construed, or be interpreted, as making any third party (including, without limitation, Broker or any Tenant) a beneficiary of any term or provision of this Agreement or any instrument or document delivered pursuant hereto, and Purchaser and Seller expressly reject any such intent, construction or interpretation of this Agreement.

  • Termination; Rights on Termination Employee's employment may be ---------------------------------- terminated in any one of the followings ways, prior to the expiration of the Term:

  • Actions on Termination (a) On the Termination Date, the Borrower shall pay the Agent (whether or not then due), in immediately available funds, all then Liabilities including, without limitation: the following:

  • Post Termination Covenants The Employee acknowledges and agrees that the Proprietary Products are the exclusive and valuable property of the Company and may not be used by the Employee for any purpose of any kind, directly or indirectly, except during the term of this Agreement for the sole and exclusive benefit of the Company in his capacity as an employee of the Company and that the success of the Company depends on the Employee’s observance of his covenants in this Section 9.

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