Common use of No Competing Employment Clause in Contracts

No Competing Employment. For so long as the Executive is employed by the Company, and continuing for one year thereafter if termination of employment occurs for any reason prior to a Change in Control, the Executive shall not, directly or indirectly, as a sole proprietor, member of a partnership, stockholder or investor (other than a stockholder or investor owning not more than a 1% interest), officer or director of a corporation, or as an employee, associate, consultant or agent of any person, partnership, corporation or other business organization or entity other than the Company, render any service to or in any way be affiliated with a competitor (or any person or entity that is reasonably anticipated to the general knowledge of the Executive or the public to become a competitor) of the Company or any of its subsidiaries.

Appears in 14 contracts

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

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No Competing Employment. For so long as the Executive is employed by the Company, and continuing for one year thereafter if termination of employment occurs for any reason prior to a Change in Control, the Executive shall not, directly or indirectly, as a sole proprietor, member of a partnership, stockholder or investor (other than a stockholder or investor owning not more than a 1% interest), officer or director of a corporation, or as an employee, associate, consultant or agent of any person, partnership, corporation or other business organization or entity other than the Company, render any service to or in any way be affiliated with a competitor (or any person or entity that is reasonably anticipated to the general knowledge of the Executive or the public to become a competitor) of the Company or any of its subsidiaries.

Appears in 9 contracts

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

No Competing Employment. For so long as the Executive is employed by the Company (and, if the Executive is no longer employed by the Company, and continuing for one year thereafter if termination of employment occurs for any reason prior to a Change in Controlthrough March 31, 2008), the Executive shall not, directly or indirectly, as a sole proprietor, member of a partnership, stockholder or investor (other than a stockholder or investor owning not more than a 15% interest), officer or director of a corporation, or as an employee, associate, consultant or agent of any person, partnership, corporation or other business organization or entity other than the Company, Parent, or any of their respective Affiliates, render any service to or in any way be affiliated with a competitor Competitor (or any person or entity that is reasonably anticipated (to the general knowledge of the Executive or the public public) to become a competitorCompetitor) of the Company Company, the Parent or any of its their respective subsidiaries.

Appears in 1 contract

Samples: Retention Bonus Agreement (Acg Holdings Inc)

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No Competing Employment. For so long as the Executive is employed by the Company, and continuing for one year thereafter if termination of employment occurs for any reason prior to a Change in Control, the Executive shall not, directly or indirectly, as a sole proprietor, member of a partnership, stockholder or investor (other than a stockholder or investor owning not more than a 1% interest), officer or director of a corporation, or as an employee, associate, consultant or agent of any person, partnership, corporation or other business organization or entity other than the Company, render any service to or in any way be affiliated with a competitor (or any person or entity that is reasonably anticipated to the general knowledge of the Executive or the public to become a competitor) of the Company or any of its subsidiariesGroup.

Appears in 1 contract

Samples: Employment Agreement (Hardinge Inc)

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