Limited Covenant Not to Compete. In consideration of the provision of the Confidential Information during the term of this Agreement and the stock options, restricted stock awards and other compensation provided herein, if Executive’s employment is terminated hereunder by the Company for Cause or by Executive without Good Reason, Executive agrees that during the period of time beginning on the Effective Date and ending on the twelve (12) month anniversary of the Date of Termination:
Appears in 8 contracts
Samples: Executive Employment Agreement (Independence Contract Drilling, Inc.), Agreement and Release (Independence Contract Drilling, Inc.), Executive Employment Agreement (Independence Contract Drilling, Inc.)
Limited Covenant Not to Compete. In consideration of the provision of the Confidential Information during the term of this Agreement and the stock options, restricted stock awards and other compensation provided herein, if Executive’s employment is terminated hereunder during the Employment Term by the Company for Cause or by Executive without Good Reason, Executive agrees that during the period of time beginning on the Effective Date of Termination and ending on the twelve (12) month anniversary of the Date of Termination:
Appears in 1 contract
Samples: Agreement and Release (Independence Contract Drilling, Inc.)
