Common use of Mutual Non-Compete Clause in Contracts

Mutual Non-Compete. During, and for {TERM} after termination of this agreement, the Company and the Client agree not to: (i) divert, take away or solicit any of each parties’ actual or potential customers that have been introduced or made known to either party by the other party or (ii) solicit, employ or attempt to employ, any of either parties’ personnel, vendors, and/or contractors or (iii) compete with the other party’s business. The term “not compete” as used herein shall mean that either party shall not own, manage, or operate a business substantially similar to or competitive with the present business of either party.

Appears in 7 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

AutoNDA by SimpleDocs

Mutual Non-Compete. During, and for {TERM} six (6) months after termination of this agreement, the Company and the Client agree not to: (i) divert, take away or solicit any of each parties’ actual or potential customers that have been introduced or made known to either party by the other party or (ii) solicit, employ or attempt to employ, any of either parties’ personnel, vendors, and/or contractors or (iii) compete with the other party’s business. The term “not compete” as used herein shall mean that either party shall not own, manage, or operate a business substantially similar to or competitive with the present business of either party.

Appears in 2 contracts

Samples: Service Agreement, Service Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!