Common use of Limited Covenant Not to Compete Clause in Contracts

Limited Covenant Not to Compete. During the term of this Agreement and for a period of two years thereafter, commencing with the date of termination of employment by the Employee for Good Reason, by the Company for any reason other than for Cause, or by the Company for Cause if the Company chooses to extend to Employee upon termination for Cause the severance benefits provided in Paragraph 8 hereof and Appendix D hereto, Employee agrees that, with respect to each State of the United States or other jurisdiction, or specified portions thereof, in which the Employee regularly (i) makes contact with customers of the Company or any of its subsidiaries, (ii) conducts the business of the Company or any of its subsidiaries or (iii) supervises the activities of other employees of the Company or any of its subsidiaries, which states and jurisdictions or portions thereof are identified in Appendix E attached hereto and forming a part of this Agreement, and in which the Company or any of its subsidiaries engages in the Company Business on the Date of Termination (collectively, the "Subject Areas"), Employee will restrict his activities within the Subject Areas as follows:

Appears in 7 contracts

Samples: Employment Agreement (Avondale Industries Inc), Employment Agreement (Avondale Industries Inc), Employment Agreement (Avondale Industries Inc)

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