Common use of Limited Covenant Not to Compete Clause in Contracts

Limited Covenant Not to Compete. (a) While Employee is employed by the Company and for a period of two (2) years following the Employment Term, but in no event less than the five (5) years from the date of this Agreement, the Employee will not, directly or indirectly, own, manage, operate, control, be employed by, participate in, or be connected in any manner with the ownership, management, operation or control of any company or other business enterprise engaged, directly or indirectly, in the providing of helicopter transportation services for the offshore oil and gas exploration and production industry in the Gulf of Mexico, so long as the Company and its Parent or any of its Affiliates or joint ventures is engaged in such business; provided, however, that nothing contained herein shall prohibit the Employee from making investments in any publicly held company which do not exceed in the aggregate two (2) percent of the equity interest of such company. (b) As part of the consideration for the compensation and benefits to be paid to the Employee hereunder; to protect the trade secrets and confidential information of Company and its affiliates that have been and will in the future be disclosed or entrusted to the Employee, the business goodwill of the Company and its affiliates that has been and will in the future be developed in the Employee, or the business opportunities that have been and will in the future be disclosed or entrusted to the Employee by the Company and its affiliates; and, as an additional incentive for the Company to enter in this Agreement, the Company and the Employee agree to the non-competition obligations hereunder. The obligations of the Employee set forth in this Section 8 shall apply during the Employment Term and shall survive termination of this Agreement and/or the termination of the Employee's services under this Agreement for a period of two (2) years, but in no event less than the five (5) years from the date of this Agreement, regardless of the reason for such termination.

Limited Covenant Not to Compete. (a) While Employee is employed by the Company and for a period of two (2) years following the Employment Term, but in no event less than the five (5) years from the date of this Agreement, the Employee will not, directly or indirectly, own, manage, operate, control, be employed by, participate in, or be connected in any manner with the ownership, management, operation or control of any company or other business enterprise engaged, directly or indirectly, (all of which are hereinafter referred to as "entity") engaged in competition with the Company in the providing Federal Republic of helicopter transportation services for Nigeria, the offshore oil Joint Development Zone established by treaty between the Federal Government of Nigeria and gas exploration the Democratic Republic of Sao Tome and production industry in Principe or within the Gulf Exclusive Economic Zone of Mexicothe Democratic Republic of Sao Tome and Principe, so long as the Company and its Parent or any of its Affiliates or joint ventures is engaged in such business; provided, however, that nothing contained herein shall prohibit the Employee from making investments in any publicly held company entity which has securities listed in any national securities exchange or quoted on a daily listing of over-the-counter-market securities provided that at any one time the Employee and members of the Employee's immediate family do not exceed in the aggregate own more than two percent (2%) percent of the equity interest any voting securities of such companyentity. (b) As part of the consideration for the compensation and benefits to be paid to the Employee hereunder; to protect the trade secrets and confidential information of Company and its affiliates that have been and will in the future be disclosed or entrusted to the Employee, the business goodwill of the Company and its affiliates that has been and will in the future be developed in the Employee, or the business opportunities that have been and will in the future be disclosed or entrusted to the Employee by the Company and its affiliates; and, as an additional incentive for the Company to enter in into this Agreement, the Company and the Employee agree to the non-competition obligations hereunder. The obligations of the Employee set forth form in this Section 8 shall apply during the Employment Term and shall survive termination of this Agreement and/or the termination of the Employee's services under this Agreement for a period of two (2) years, but in no event less than the five (5) years from the date of this Agreement, regardless of the reason for such termination.

Limited Covenant Not to Compete. (a) While Employee is employed by the Company and for a period of two (2) years following the Employment Term, but in no event less than the five (5) years from the date of this Agreement, the Employee will not, directly or indirectly, own, manage, operate, control, be employed by, participate in, or be connected in any manner with the ownership, management, operation or control of any company or other business enterprise engaged, directly or indirectly, (all of which are hereinafter referred to as "entity") engaged in competition with the Company in the providing Federal Republic of helicopter transportation services for Nigeria, the offshore oil Joint Development Zone established by treaty between the Federal Government of Nigeria and gas exploration the Democratic Republic of Sao Tome and production industry in Principe or within the Gulf Exclusive Economic Zone of Mexicothe Democratic Republic of Sao Tome and Principe, so long as the Company and its Parent or any of its Affiliates or joint ventures is engaged in such business; provided, however, that nothing contained herein shall prohibit the Employee from making investments in any publicly held company entity which has securities listed in any national securities exchange or quoted on a daily listing of over-the-counter-market securities provided that at any one time the Employee and members of the Employee's immediate family do not exceed in the aggregate own more than two percent (2%) percent of the equity interest any voting securities of such companyentity. (b) As part of the consideration for the compensation and benefits to be paid to the Employee hereunder; to protect the trade secrets and confidential information of Company and its affiliates that have been and will in the future be disclosed or entrusted to the Employee, the business goodwill of the Company and its affiliates that has been and will in the future be developed in the Employee, or the business opportunities that have been and will in the future be disclosed or entrusted to the Employee by the Company and its affiliates; and, as an additional incentive for the Company to enter in into this Agreement, the Company and the Employee agree to the non-competition obligations hereunder. The obligations of the Employee set forth in this Section 8 shall apply during the Employment Term and shall survive termination of this Agreement and/or the termination of the Employee's services under this Agreement for a period of two (2) years, but in no event less than the five (5) years from the date of this Agreement, regardless of the reason for such termination.

Limited Covenant Not to Compete. (a) While Employee is employed by the Company and for a period of two (2) years following the Employment Term, but in no event less than the five (5) years from the date of this Agreement, the Employee will not, directly or indirectly, own, manage, operate, control, be employed by, participate in, or be connected in any manner with the ownership, management, operation or control of any company or other business enterprise engaged, directly or indirectly(all of which are hereinafter referred to as “entity”) engaged in competition with the Company in the Federal Republic of Nigeria, in the providing Joint Development Zone established by treaty between the Federal Government of helicopter transportation services for Nigeria and the offshore oil Democratic Republic of Sao Tome and gas exploration Principe or within the Exclusive Economic Zone of the Democratic Republic of Sao Tome and production industry in the Gulf of MexicoPrincipe, so long as the Company and its Parent or any of its Affiliates or joint ventures is engaged in such businessbu siness; provided, however, that nothing contained herein shall prohibit the Employee from making investments in any publicly held company entity which has securities listed in any national securities exchange or quoted in a daily listing of over-the-counter-market securities proved that at any one time the Employee and members of the Employee’s immediate family do not exceed in the aggregate own more than two percent (2%) percent of the equity interest any voting securities of such companyentity. (b) As part of the consideration for the compensation and benefits to be paid to the Employee hereunder; to protect the trade secrets and confidential information of Company and its affiliates that have been and will in the future be disclosed or entrusted to the Employee, the business goodwill of the Company and its affiliates that has been and will in the future be developed in the Employee, or the business opportunities that have been and will in the future be disclosed or entrusted to the Employee by the Company and its affiliates; and, as an additional incentive for the Company to enter in this Agreement, the Company and the Employee agree to the non-competition obligations hereunder. The obligations of the th e Employee set forth in this Section 8 shall apply during the Employment Term and shall survive termination of this Agreement and/or the termination of the Employee's ’s services under this Agreement for a period of two (2) years, but in no event less than the five (5) years from the date of this Agreement, regardless of the reason for such termination.

Limited Covenant Not to Compete. (a) While Employee is employed by the Company and for a period of two (2) years following the Employment Term, but in no event less than the five (5) years from the date of this Agreement, the Employee will not, directly or indirectly, own, manage, operate, control, be employed by, participate in, or be connected in any manner with the ownership, management, operation or control of any company or other business enterprise engaged, directly or indirectly, (all of which are hereinafter referred to as "entity") engaged in competition with the Company in the providing Federal Republic of helicopter transportation services for Nigeria, the offshore oil Joint Development Zone established by treaty between the Federal Government of Nigeria and gas exploration the Democratic Republic of Sao Tome and production industry in Principe or within the Gulf Exclusive Economic Zone of Mexicothe Democratic Republic of Sao Tome and Principe, so long as the Company and its Parent or any of its Affiliates or joint ventures is engaged in such business; provided, however, that nothing contained herein shall prohibit the Employee from making investments in any publicly held company entity which has securities listed in any national securities exchange or quoted in a daily listing of over-the-counter-market securities provided that at any one time the Employee and members of the Employee's immediate family do not exceed in the aggregate own more than two percent (2%) percent of the equity interest any voting securities of such companyentity. (b) As part of the consideration for the compensation and benefits to be paid to the Employee hereunder; to protect the trade secrets and confidential information of Company and its affiliates that have been and will in the future be disclosed or entrusted to the Employee, the business goodwill of the Company and its affiliates that has been and will in the future be developed in the Employee, or the business opportunities that have been and will in the future be disclosed or entrusted to the Employee by the Company and its affiliates; and, as an additional incentive for the Company to enter in this Agreement, the Company and the Employee agree to the non-competition obligations hereunder. The obligations of the Employee set forth in this Section 8 shall apply during the Employment Term and shall survive termination of this Agreement and/or the termination of the Employee's services under this Agreement for a period of two (2) years, but in no event less than the five (5) years from the date of this Agreement, regardless of the reason for such termination.