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: (a) 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; (b) Executive shall not engage in any research, development, production, sale or distribution of any Competitive Products, specifically including any products or services relating to those for which Executive had responsibility for the eighteen (18) month period preceding Executive’s date of separation; (c) Executive shall not market, sell, or otherwise offer or provide any Competitive Products within his Geographic Territory (if applicable) or Assigned Customer Base, specifically including any products or services relating to those for which Executive had responsibility for the eighteen (18) month period preceding Executive’s date of separation; and (d) Executive shall not distribute, market, sell or otherwise offer or provide any Competitive Products to any customer of the Company with whom Executive had contact or for which Executive had responsibility at any time during the eighteen (18) month period preceding Executive’s date of separation

Appears in 2 contracts

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

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Limited Non-Compete. For the above-stated above 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: (a) 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 's satisfaction that such relationship will not, not jeopardize the Company’s 's legitimate interests or otherwise violate the terms of this Agreement; (b) Executive shall not engage in any research, development, production, sale or distribution of any Competitive Products, specifically including any products or services relating to those for which Executive had responsibility for the eighteen (18) month period preceding Executive’s 's date of separation; (c) Executive shall not market, sell, or otherwise offer or provide any Competitive Products within his the applicable Geographic Territory (if applicable) or Assigned Customer BaseTerritory, specifically including any products or services relating to those for which Executive had responsibility for the eighteen (18) month period preceding Executive’s 's date of separation; and (d) Executive shall not distribute, market, sell or otherwise offer or provide any Competitive Products to any customer of the Company with whom Executive had contact (either directly or indirectly) or for which Executive had responsibility at any time during the eighteen (18) month period preceding Executive’s 's date of separation.

Appears in 2 contracts

Samples: Executive Employment Agreement (Hillenbrand Industries Inc), Executive Employment Agreement (Hillenbrand Industries Inc)

Limited Non-Compete. For the above-stated above reasons, and as a condition of employment to the fullest extent permitted by lawemployment, Executive agrees during the Relevant Non-Compete Period not to directly or indirectly engage in the following competitive activities: (a) 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 employment prior to entering into accepting such relationship employment and, further, provides sufficient written assurances to the Company’s 's satisfaction that such relationship employment will not, not jeopardize the Company’s 's legitimate interests or otherwise violate the terms of this Agreement; (b) Executive shall not engage in any research, development, production, sale or distribution of any Competitive Products, specifically including any products or services relating to those for which Executive had responsibility for the eighteen twelve (1812) month period preceding Executive’s 's date of separation; (c) Executive shall not market, sell, or otherwise offer or provide any Competitive Products within his the applicable Geographic Territory (if applicable) or Assigned Customer BaseTerritory, specifically including any products or services relating to those for which Executive had responsibility for the eighteen twelve (1812) month period preceding Executive’s 's date of separation; and (d) Executive shall not distribute, market, sell or otherwise offer or provide any Competitive Products to any customer of the Company with whom Executive had contact (either directly or indirectly) or for which Executive had responsibility at any time during the eighteen twelve (1812) month period preceding Executive’s 's date of separation. Executive agrees that the foregoing restrictions apply equally to Executive whether performed individually, directly or indirectly, or as a partner, shareholder, officer, director, manager, employee, salesman, independent contractor, broker, agent, or consultant for any other individual, partnership, firm, corporation, company, or other entity engaged in such conduct.

Appears in 1 contract

Samples: Executive Employment Agreement (Hillenbrand Industries Inc)

Limited Non-Compete. For the above-stated above 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: (a) 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 's satisfaction that such relationship will not, not jeopardize the Company’s 's legitimate interests or otherwise violate the terms of this Agreement; (b) Executive shall not engage in any research, development, production, sale or distribution of any Competitive Products, specifically including any products or services relating to those for which Executive had responsibility for the eighteen (18) month period preceding Executive’s 's date of separation; (c) Executive shall not market, sell, or otherwise offer or provide any Competitive Products within his Geographic Territory (if applicable) or Assigned Customer Base), specifically including any products or services relating to those for which Executive had responsibility for the eighteen (18) month period preceding Executive’s 's date of separation; and (d) Executive shall not distribute, market, sell or otherwise offer or provide any Competitive Products to any customer of the Company with whom Executive had contact (either directly or indirectly) or for which Executive had contact or for which Executive had responsibility at any time during the eighteen (18) month period preceding Executive’s 's date of separation.

Appears in 1 contract

Samples: Executive Employment Agreement (Hillenbrand Industries Inc)

Limited Non-Compete. For the above-stated above 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: (a) 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 's satisfaction that such relationship will not, not jeopardize the Company’s 's legitimate interests or otherwise violate the terms of this Agreement; (b) Executive shall not engage in any research, development, production, sale or distribution of any Competitive Products, specifically including any products or services relating to those for which Executive had responsibility for the eighteen (18) month period preceding Executive’s 's date of separation; (c) Executive shall not market, sell, or otherwise offer or provide any Competitive Products within his Geographic Territory (if applicable) or Assigned Customer Base), specifically including any products or services relating to those for which Executive had responsibility for the eighteen (18) month period preceding Executive’s 's date of separation; and (d) Executive shall not distribute, market, sell or otherwise offer or provide any Competitive Products to any customer of the Company with whom Executive had contact (either directly or indirectly) or for which Executive had responsibility at any time during the eighteen (18) month period preceding Executive’s 's date of separation.

Appears in 1 contract

Samples: Executive Employment Agreement (Hillenbrand Industries Inc)

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Limited Non-Compete. For the above-stated above 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: (a) 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 affected member of the Group of such relationship prior to entering into such relationship and, further, provides sufficient written assurances to the Company’s affected member of the Group's satisfaction that such relationship will not, not jeopardize the Company’s that Group member's legitimate interests or otherwise violate the terms of this Agreement; (b) Executive shall not engage in any research, development, production, sale or distribution of any Competitive Products, specifically including any products or services relating to those for which Executive had responsibility for the eighteen (18) month period preceding Executive’s 's date of separation; (c) Executive shall not market, sell, or otherwise offer or provide any Competitive Products within his the applicable Geographic Territory (if applicable) or Assigned Customer BaseTerritory, specifically including any products or services relating to those for which Executive had responsibility for the eighteen (18) month period preceding Executive’s 's date of separation; and (d) Executive shall not distribute, market, sell or otherwise offer or provide any Competitive Products to any customer of the Company Group with whom Executive had contact (either directly or indirectly) or for which Executive had responsibility at any time during the eighteen (18) month period preceding Executive’s 's date of separation.

Appears in 1 contract

Samples: Executive Employment Agreement (Hillenbrand Industries Inc)

Limited Non-Compete. For the above-stated reasons, and as a condition of employment to the fullest extent permitted by law, Executive Employee agrees during the Relevant Non-Compete Period while serving in any capacity other than as legal counsel for the Company or another client not to directly or indirectly engage in the following competitive activities: (a) Executive Employee 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 Employee 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; (b) Executive Employee shall not engage in any research, development, production, sale or distribution of any Competitive Products, specifically including any products or services relating to those for which Executive Employee had responsibility for the eighteen (18) month period preceding ExecutiveEmployee’s date of separation; (c) Executive Employee shall not market, sell, or otherwise offer or provide any Competitive Products within his Employee’s Geographic Territory (if applicable) or Assigned Customer Base, specifically including any products or services relating to those for which Executive Employee had responsibility for the eighteen (18) month period preceding ExecutiveEmployee’s date of separation; and (d) Executive Employee shall not distribute, market, sell or otherwise offer or provide any Competitive Products to any customer of the Company with whom Executive Employee had contact or for which Executive Employee had responsibility at any time during the eighteen (18) month period preceding ExecutiveEmployee’s date of separation.

Appears in 1 contract

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

Limited Non-Compete. For the above-stated above 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: (a) 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 's satisfaction that such relationship will not, not jeopardize the Company’s 's legitimate interests or otherwise violate the terms of this Agreement; (b) Executive shall not engage in any research, development, production, sale or distribution of any Competitive Products, specifically including any products or services relating to those for which Executive had responsibility for the eighteen (18) month period preceding Executive’s 's date of separation; (c) Executive shall not market, sell, or otherwise offer or provide any Competitive Products within his her Geographic Territory (if applicable) or Assigned Customer Base), specifically including any products or services relating to those for which Executive had responsibility for the eighteen (18) month period preceding Executive’s 's date of separation; and (d) Executive shall not distribute, market, sell or otherwise offer or provide any Competitive Products to any customer of the Company with whom Executive had contact (either directly or indirectly) or for which Executive had responsibility at any time during the eighteen (18) month period preceding Executive’s 's date of separation.

Appears in 1 contract

Samples: Executive Employment Agreement (Hillenbrand Industries Inc)

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