No Competitive Activities. During the term of this agreement, Consultant shall not, directly or indirectly, either as a consultant, employer, agent, principal, partner, stockholder, corporate officer, director, member, manager or in any other individual or representative capacity, engage or participate in any business that is in competition in any manner whatsoever with the business of Company.
No Competitive Activities. During the Employment Period and for 1 year following the Effective Date of Termination, (the “Non-Competition Period”) Executive will not directly or indirectly own, manage, operate, join, control or participate in the ownership, management or control of, provide services to, or be employed by or connected in any manner with any enterprise which is engaged in the Business, provided, however, that such restriction will not apply to any passive investment representing an interest of less than two percent of an outstanding class of publicly-traded securities of any corporation or other enterprise which is not, at the time of such investment, engaged in the Business. Schedule A sets forth the consideration for the Executive’s promise not to compete during the Non-Competition Period.
No Competitive Activities. Except as expressly permitted in Article 5 above, during the Term, Executive shall not engage in any activities that are competitive with the actual or prospective business of the Company, including without limitation: (a) engaging directly or indirectly in any business substantially similar to any business or activity engaged in (or proposed to be engaged in) by Employer, including and not limited to business that relates to internal combustion engines; (b) engaging directly or indirectly in any business or activity competitive with any business or activity engaged in (or proposed to be engaged in) by Employer; (c) soliciting or taking away any executive, employee, agent, representative, contractor, supplier, vendor, customer, franchisee, lender or investor of Employer, or attempting to so solicit or take away; (d) interfering with any contractual or other relationship between Employer and any executive, employee, agent, representative, contractor, supplier, vendor, customer, franchisee, lender or investor; or (e) using, for the benefit of any person or entity other than Employer any Confidential Information of Employer.
No Competitive Activities. During the Employment Period, Executive shall not directly or indirectly own, manage, operate, join, control or participate in the ownership, management, operation or control of, provide services to, or be employed by or connected in any manner with, any enterprise which is engaged in the Business; provided, however, that such restriction shall not apply to any passive investment representing an interest of less than two percent (2%) of an outstanding class of publicly-traded securities of any corporation or other enterprise which is not, at the time of such investment, engaged in the Business. For purposes of this Section 6, the “Business” shall refer to the design and manufacture of dental lasers, ophthalmologic lasers for Presbyopia, and such other businesses as the Company may expand into while Executive is employed by the Company, its parents, subsidiaries or affiliates.
No Competitive Activities. Contractor agrees that, during the term of the Contractor’s Relationship with the Company, Contractor will not engage in any other occupation, consulting or other business activity related to the business in which the Company is now involved or becomes involved during the term of this engagement with Company, nor will Contractor engage in any other activities that conflict with Contractor’s obligations to the Company.
No Competitive Activities. 12.1 Global shall not, without having first obtained the consent of AquaDyne, which AquaDyne shall be entitled to grant or refuse as it sees fit:
(a) during the Restraint Period within any of the Restraint Areas conduct or carry on, on its own account, in partnership, joint venture or otherwise be concerned or interested, directly or indirectly, and whether as trustee, principal, agent, employee, shareholder, unit holder, independent contractor, consultant, adviser, or in any other capacity whatsoever, in any business or activity of a nature that is in competition with the business of AquaDyne or its Intellectual Property, or in any way canvas or solicit orders in competition with the business of AquaDyne or its Intellectual Property; and
(b) after the conclusion of the Restraint Period, use to their own advantage, or to the detriment of AquaDyne, or except on compulsion of law disclose to any person, or cause or permit to be so used or disclosed, any information which has come to their knowledge or which they have otherwise acquired during their association with AquaDyne or the JetWater System.
12.2 Global hereby expressly accepts the restraints set out in this Article 12 and expressly agrees that these restraints are entirely reasonable and acceptable in the circumstances of this Agreement.
No Competitive Activities. During the Term of this Agreement Licensor shall not enter into any licenses, sublicenses or other agreements or arrangements of any kind with any party which allow for, permits or facilitates the commercial use of the Intellectual Property, the Licensed Processes and/or the Licensed Products, or any of them, or any variations thereof, in the Fields of Use in any portion of the Territory. Further, Licensor shall not directly or indirectly through one or more affiliated or related entities, consent to any other activities or arrangements that are competitive with Licensee’s commercial use of the Intellectual Property, the Licensed Processes and/or the Licensed Products, or any of them, or which are designed to impair, or which have the effect of impairing, Licensee’s rights as granted in this Agreement. Notwithstanding the above, nothing in this paragraph shall restrict Licensor’s use, activities or attempts to commercialize its CupriDyne Technology. The covenants of Licensor hereunder are material consideration to Licensee in entering into this Agreement and Licensee would not have agreed to the terms hereof in the absence of these promises. Without limiting any other rights and remedies available to Licensee for Licensor’s breach of this Agreement, Licensee shall have the right to obtain injunctive relief as appropriate to enforce this provision. Licensor’s efforts and activities related to research and development of the Intellectual Property in the Territory do not violate this provision.
No Competitive Activities. During the two (2) year period following the date of this Agreement, Xxxx shall not engage in any activates that are competitive with the business of the Company, including without limitation, (a)engaging directly or indirectly in any social networking website or online website magazine, with a teen-targeted demographic; (b) soliciting or taking away any executive, employee, agent, representative, contractor, supplier, vendor, customer, franchisee, lender or investor of the Company, or attempting to so solicit or take away; (c) interfering with any contractual or other relationship between the Company and any executive, employee, agent, representative, contractor, supplier, vendor, customer, franchisee, lender or investor; or (d) using, for the benefit of any person or entity other than the Company any Confidential Information of the Company. The items and projects set forth in Exhibit A of Ivan’s Employment Agreement are expressly and specifically excluded from this limitation.
No Competitive Activities. Except upon the prior written consent of the Compensation Committee of the Board, Executive shall not during the term of this Agreement engage, directly or indirectly, in other business activity (whether or not pursued for pecuniary advantage) that is competitive with, or that would place him in a competing position to that of the Company or any other corporation or entity that directly or indirectly controls, is controlled by, or is under common control with the Company, provided that Executive may own less than 5% of the outstanding securities of any such publicly-traded competing corporation.
No Competitive Activities. Employee acknowledges and agrees that, during the Consulting Period, Employee shall not, directly or indirectly, become employed by, consult for, or otherwise provide assistance or advice to any competitor of the Company, and that any such 3 activity by Employee shall constitute Cause and shall result in the immediate termination of this Agreement, and all of the Company’s obligations and Employee’s rights hereunder.
