MUTUAL NON-COMPETITION Clause Samples
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MUTUAL NON-COMPETITION. Each of the Parties agree that for a period of two (2) years from the date of this Agreement, each Party shall not, unless acting with the express written consent of each other Party to this Agreement, directly or indirectly own, manage, operate, join, control or participate in the ownership, management, operation or control of or be connected as an officer, employee, partner or otherwise with any business engaged in the development, sale or distribution of goods or services incorporating the proposed business, products, services, or strategy of this Joint Venture, the Netherlands Company, or both of them within the geographic region of the Joint Venture.
MUTUAL NON-COMPETITION. Members do not compete head-to-head with each other. Self-restraint helps to establish trust among members
MUTUAL NON-COMPETITION. If this Consulting Agreement with the Company terminates for any reason, the Consultant and Company will not, for a period of two years from the date of termination, have any business dealings whatsoever, either directly or indirectly through associates with any customer or client of the Parties or its subsidiaries or any person or firm with whom the Parties has made contact in connection with his consulting activities for the Company; and the Consultant and Company will keep in strictest confidence, both during the term of this Agreement and subsequent to termination of this Agreement, and will not during the term of this Agreement or thereafter disclose or divulge to any person, firm or corporation, or use directly or indirectly, for his own benefit or the benefit of others, any information which in good faith and good conscience ought to be treated as confidential information including, without limitation, information relating to the software developed by the Consultant, information as to sources of, and arrangements for, hardware supplied to customers or clients of the Company or Consultant, submission and proposal procedures of the Company or Consultant, customer or contact lists or any other confidential information or trade secrets respecting the business or affairs of the Company or Consultant which the Parties may acquire or develop in connection with or as a result of the performance of his services hereunder. In the event of an actual or threatened breach by the Consultant or Consultant of the provisions of this paragraph, the Company or Consultant shall be entitled to injunctive relief restraining the Company or Consultant from the breach or threatened breach. Nothing herein shall be construed as prohibiting the Consultant or Company from pursuing any other remedies available to the both for such breach or threatened breach, including the recovery of damages from the Both parties. (See attached Non Circumvent Agreement)
MUTUAL NON-COMPETITION. During, and for one (1) year after termination of this agreement, the Processor and the Controller 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.