Common use of Limited Non-Compete Clause in Contracts

Limited Non-Compete. For the above-stated reasons, and as a condition of employment to the fullest extent permitted by law, Executive agrees during the Relevant Non‑Compete Period not to directly or indirectly engage in the following competitive activities: (i) Executive shall not have any ownership interest in, work for, advise, consult, or have any business connection or business or employment relationship in any competitive capacity with any Competitor unless Executive provides written notice to the Company of such relationship prior to entering into such relationship and, further, provides sufficient written assurances to the Company’s satisfaction that such relationship will not jeopardize the Company’s legitimate interests or otherwise violate the terms of this Agreement; (ii) Executive shall not engage in any research, development, production, sale or distribution of any Competitive Products on behalf of a Competitor; (iii) Executive shall not market, sell, or otherwise offer or provide any Competitive Products within any Geographic Territory on behalf of a Competitor; or (iv) Executive shall not distribute, market, sell or otherwise offer or provide any Competitive Products to any customer of the Company on behalf of a Competitor.

Appears in 9 contracts

Samples: Employment Agreement (Hill-Rom Holdings, Inc.), Employment Agreement (Hill-Rom Holdings, Inc.), Employment Agreement (Hill-Rom Holdings, Inc.)

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Limited Non-Compete. For the above-stated reasons, and as a condition of employment to the fullest extent permitted by law, Executive agrees during the Relevant Non‑Compete Non-Compete Period not to directly or indirectly engage in the following competitive activities: (ia) Executive shall not have any ownership interest in, work for, advise, consult, or have any business connection or business or employment relationship in any competitive capacity with any Competitor unless Executive provides written notice to the Company of such relationship prior to entering into such relationship and, further, provides sufficient written assurances to the Company’s satisfaction that such relationship will not not, jeopardize the Company’s legitimate interests or otherwise violate the terms of this Agreement; (iib) Executive shall not engage in any research, development, production, sale or distribution of any Competitive Products on behalf of a Competitor; (iiic) Executive shall not market, sell, or otherwise offer or provide any Competitive Products within any Geographic Territory on behalf of a Competitor; or; (ivd) Executive shall not distribute, market, sell or otherwise offer or provide any Competitive Products to any customer of the Company on behalf of a Competitor.

Appears in 5 contracts

Samples: Employment Agreement (Hill-Rom Holdings, Inc.), Employment Agreement (Hill-Rom Holdings, Inc.), Employment Agreement (Hill-Rom Holdings, Inc.)

Limited Non-Compete. For the above-stated reasons, and as a condition of employment to the fullest extent permitted by law, Executive agrees during the Relevant Non‑Compete Period not to directly or indirectly engage in the following competitive activities: (ia) Executive shall not have any ownership interest in, work for, advise, consult, or have any business connection or business or employment relationship in any competitive capacity with any Competitor unless Executive provides written notice to the Company of such relationship prior to entering into such relationship and, further, provides sufficient written assurances to the Company’s satisfaction that such relationship will not not, jeopardize the Company’s legitimate interests or otherwise violate the terms of this Agreement; (iib) Executive shall not engage in any research, development, production, sale or distribution of any Competitive Products on behalf of a Competitor; (iiic) Executive shall not market, sell, or otherwise offer or provide any Competitive Products within any Geographic Territory on behalf of a Competitor; or; (ivd) Executive shall not distribute, market, sell or otherwise offer or provide any Competitive Products to any customer of the Company on behalf of a Competitor.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (Hill-Rom Holdings, Inc.), Employment Agreement (Hill-Rom Holdings, Inc.)

Limited Non-Compete. For the above-stated reasons, and as a condition of employment to the fullest extent permitted by law, Executive agrees during the Relevant Non‑Compete Period not to directly or indirectly engage in the following competitive activities: (i) i. Executive shall not have any ownership interest in, work for, advise, consult, or have any business connection or business or employment relationship in any competitive capacity with any Competitor unless Executive provides written notice to the Company of such relationship prior to entering into such relationship and, further, provides sufficient written assurances to the Company’s satisfaction that such relationship will not jeopardize the Company’s legitimate interests or otherwise violate the terms of this Agreement; (ii) . Executive shall not engage in any research, development, production, sale or distribution of any Competitive Products on behalf of a Competitor; (iii) . Executive shall not market, sell, or otherwise offer or provide any Competitive Products within any Geographic Territory on behalf of a Competitor; or (iv) . Executive shall not distribute, market, sell or otherwise offer or provide any Competitive Products to any customer of the Company on behalf of a Competitor.

Appears in 2 contracts

Samples: Employment Agreement (Hill-Rom Holdings, Inc.), Employment Agreement (Hill-Rom Holdings, Inc.)

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Limited Non-Compete. For the above-stated reasons, and as a condition of employment to the fullest extent permitted by law, Executive agrees during the Relevant Non‑Compete Non-Compete Period not to directly or indirectly engage in the following competitive activities: (ia) Executive shall not have any ownership interest in, work for, advise, consult, or have any business connection or business or employment relationship in any competitive capacity with any Competitor unless Executive provides written notice to the Company of such relationship prior to entering into such relationship and, further, provides sufficient written assurances to the Company’s satisfaction that such relationship will not not, jeopardize the Company’s legitimate interests or otherwise violate the terms of this Agreement; (iib) Executive shall not engage in any research, development, production, sale or distribution of any Competitive Products on behalf of a CompetitorProducts; (iiic) Executive shall not market, sell, or otherwise offer or provide any Competitive Products within any Geographic Territory on behalf of a Competitor; orTerritory; (ivd) Executive shall not distribute, market, sell or otherwise offer or provide any Competitive Products to any customer of the Company on behalf of a CompetitorCompany.

Appears in 1 contract

Samples: Employment Agreement (Hill-Rom Holdings, Inc.)

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