Common use of Limited Non-Competition Clause in Contracts

Limited Non-Competition. During the Executive's employment and for a limited time thereafter, the Company must protect its legitimate business interests by limiting the Executive's ability to compete with the Company. This limited non-competition provision is drafted narrowly so as to be able to safeguard the Company's legitimate business interests while not unreasonably interfering with the Executive's ability to obtain other employment. The Company does not intend, and the Executive acknowledges, that this limited non-competition provision is not an attempt to prevent the Executive from obtaining other employment. The Executive further acknowledges that the Company may need to take action, including litigation, to enforce this limited non-competition provision, which efforts the parties stipulate shall not be deemed an attempt to prevent the Executive from obtaining other employment.

Appears in 12 contracts

Samples: Employment Agreement (Anthem Inc), Employment Agreement (Anthem Inc), Employment Agreement (Anthem Inc)

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Limited Non-Competition. During the Executive's ’s employment and for a limited time thereafter, the Company must protect its legitimate business interests by limiting the Executive's ’s ability to compete with the Company. This limited non-competition provision is drafted narrowly so as to be able to safeguard the Company's ’s legitimate business interests while not unreasonably interfering with the Executive's ’s ability to obtain other employment. The Company does not intend, and the Executive acknowledges, that this limited non-competition provision is not an attempt to prevent the Executive from obtaining other employment. The Executive further acknowledges that the Company may need to take action, including litigation, to enforce this limited non-competition provision, which efforts the parties stipulate shall not be deemed an attempt to prevent the Executive from obtaining other employment.

Appears in 2 contracts

Samples: Employment Agreement (Wellpoint Inc), Employment Agreement (Wellpoint Inc)

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