No Competitive Activity Sample Clauses

No Competitive Activity. Absent the Committee's written consent, Grantee shall not, during the Restricted Period and within the Territory, engage in any Managerial Responsibilities for or on behalf of any corporation, partnership, venture, or other business entity that engages directly or indirectly in the Financial Services Business whether as an owner, partner, employee, agent, consultant, advisor, contractor, salesman, stockholder, investor, officer or director; provided, however, that Grantee may own up to five percent (5%) of the stock of a publicly traded company that engages in the Financial Services Business so long as Grantee is only a passive investor and is not actively involved in such company in any way.
AutoNDA by SimpleDocs
No Competitive Activity. Executive acknowledges and agrees that the Company is engaged in a highly competitive business in which customers are sought in the global market and that by virtue of Executive’s position and responsibilities with the Company and Executive’s access to the Confidential Information and Trade Secrets, engaging in any business which is directly competitive with the Company will cause the Company great and irreparable harm. Therefore, Executive covenants and agrees that at all times (i) during his or her period of employment with the Company, and (ii) in the event his or her employment is terminated (whether such termination is voluntary or involuntary, with Good Reason or without Good Reason, for Cause or without Cause, or otherwise), then during the period beginning on the date of termination of his or her employment and ending eighteen (18) months following his or her date of termination (“Non-Compete Period”), Executive shall not, directly or indirectly, engage in, assist, or have any active interest or involvement, in a Same or Similar Capacity (defined below) that Executive served in at the Company, whether as an employee, agent, consultant, advisor, officer, director, stockholder (excluding holding of less than 1% of the stock of a public company), partner, proprietor or any type of principal whatsoever, in any Competitive Business within the Restricted Territory.
No Competitive Activity. Absent the Board's consent, Executive ----------------------- shall not, during the Restricted Period and within the Territory, serve as an owner, partner, employee, agent, consultant, advisor, contractor, salesman, stockholder, investor, officer or director, or engage in any Managerial Responsibilities, for or on behalf of, any corporation, partnership, venture, or other business entity that engages directly or indirectly in the development, operation, management, leasing, construction, or landscaping of an Industrial or Office Property.
No Competitive Activity. Absent the Compensation ----------------------- Committee's written consent, Executive shall not, during the Restricted Period and within the Territory, engage in any Managerial Responsibilities, for or on behalf of, any corporation, partnership, venture, or other business entity that engages directly or indirectly in the Financial Services Business whether as an owner, partner, employee, agent, consultant, advisor, contractor, salesman, stockholder, investor, officer or director; provided, however, Executive may own up to five percent (5%) of the stock of a publicly traded company that engages in the Financial Services Business so long as Executive is only a passive investor and is not actively involved in such company in any way.
No Competitive Activity. Absent the Company’s written consent, you shall not, during the Restricted Period accept compensation or anything of value from, nor offer or provide any services, including consulting services, to any person, company, partnership, joint venture or other entity which has or does a significant business involving, in whole or in part, over-the-counter drugs, functional toiletries or dietary supplements which are competitive with the products of the Company or any Company Affiliate marketed and sold during the term of your employment with the Company or any Company Affiliate up through the date of termination of your employment with annual sales for the Company’s most recently completed fiscal year in excess of $10 million. This provision applies only to persons or entities selling the above-specified products in competition with the Company or any Company Affiliate through food, drug or mass merchandiser channels of distribution in the United States.
No Competitive Activity. Executive acknowledges and agrees that the Company is engaged in a highly competitive business and that by virtue of Executive’s position and responsibilities with the Company and Executive’s access to the Confidential Information and Trade Secrets, engaging in any business which is directly competitive with the Company will cause Company great and irreparable harm. Therefore, Executive covenants and agrees that at all times (i) during executive’s period of employment with the Company, and (ii) during the period beginning on the date of termination of executive’s employment (whether such termination is voluntary or involuntary, for Cause or without Cause, or otherwise) and ending on the later of (A) one (1) year following executive’s date of termination or (B) the last date on which Executive receives compensation and benefits pursuant to Section 7 above, Executive shall not, within the “Territory”: (1) directly or indirectly, engage in, assist, or have any active interest or involvement—whether as an employee, agent, consultant, creditor, advisor, officer, director, stockholder (excluding holding of less than 1% of the stock of a public company), partner, proprietor or any type of principal whatsoever – in any person, firm, or business entity which engages in business competitive with the Company, or any person, firm, or business entity which is planning to engage in business competitive with the Company; or (2) be employed in a managerial or executive capacity by any person, firm, or business entity which engages in business competitive with the Company or any person, firm, or business entity which is planning to engage in business competitive with the Company. For purposes of this Section 8(d), “Territory” shall be defined as the United States or, if Executive did not have job responsibilities which were nationwide in scope while employed by the Company, any state for which Executive was responsible or in which Executive worked during Executive’s employment with the Company. However, notwithstanding the above, the Company and I recognize and agree that I have worked in the insurance industry and have been an industry executive and we agree that I am not prevented from being employed by or consulting with a competitor or company client, provided I adhere to the confidentiality, non-solicitation and non-disparagement sections of this Section 8 of this agreement, and provided the breadth of business with whom I might affiliate and the services that I might...
No Competitive Activity. Executive acknowledges and agrees that the Company is engaged in a highly competitive business and that by virtue of Executive’s position and responsibilities with the Company and Executive’s access to the Confidential Information and Trade Secrets, engaging in any business which is directly competitive with the Company will cause the Company great and irreparable harm. Therefore, Executive covenants and agrees that at all times (i) during [his/her] period of employment with the Company, and (ii) in the event [his/her] employment is terminated involuntarily by the Company (whether such termination is for Cause or without Cause, or otherwise), or Executive terminates [his/her] employment for Good Reason within two (2) years following a Change in Control, during the period beginning on the date of termination of [his/her] employment and ending twelve (12) months following [his/her] date of termination, Executive shall not, directly or indirectly, engage in, assist, or have any active interest or involvement, whether as an employee, agent, consultant, advisor, officer, director, stockholder (excluding holding of less than 1% of the stock of a public company), partner, proprietor or any type of principal whatsoever, in any Competitive Business within the Restricted Territory. For purposes of this Agreement, “Competitive Business” means any of the following restaurants: 1 Ale House Restaurant 29 Xxxxxx’x Seafood 2 Applebee’s 30 Legal Sea Foods 3 Beef X’Xxxxx’x 31 Longhorn Steakhouse 4 Bennigan’s Tavern 32 XxXxxxxxx & Xxxxxxx’x 5 BJ’s Restaurant and Brewhouse 33 McDonald’s 6 Bonefish Grill 34 Xxxxxx’x Ale House Restaurant 7 BRAVO! Cucina Italiana 35 Xxxxxx’x of Xxxxxxx 0 Xxxx Xxxxxx Grille 36 O’Charleys 9 Buca di Beppo 37 Olive Garden 10 Buffalo Wild Wings 38 On The Border 11 California Pizza Kitchen 39 Outback Steakhouse 12 Xxxxxx’x Italian Grill 40 Palm Restaurant 13 Xxxxxxx’s Italian Grill 41 Panera 14 Champps Americana 42 Pappadeaux Seafood Kitchen 15 Xxxxxxx’s Casual Café 43 XX Xxxxx’x China Bistro 16 Cheesecake Factory 44 Pizza Hut 17 Chipotle Mexican Grill 45 Red Xxxxx 18 Xxxx’s 46 Xxxxxx’x Macaroni Grill 19 Cracker Barrel 47 Ruby Tuesday 20 Xxxx & Busters 48 Xxxx’x Xxxxx Xxxxx Xxxxx 00 Xxxx Xx Xxxx 49 Seasons 52 22 Fuddruckers 50 Taco Bell 23 Hooters 51 Texas Roadhouse 24 Houlihans 52 TGI Fridays 25 Houston’s/Hillstone 53 Uno Chicago Grill 26 Il Fornaio Restaurant 54 Wendy’s 27 J Alexanders 55 Yard House 28 KFC
AutoNDA by SimpleDocs
No Competitive Activity. Executive acknowledges and agrees that the Company is engaged in a highly competitive business and that by virtue of Executive’s position and responsibilities with the Company and Executive’s access to the Confidential Information and Trade Secrets, engaging in any business which is directly competitive with the Company will cause the Company great and irreparable harm. Therefore, Executive covenants and agrees that at all times (i) during [his/her] period of employment with the Company, and
No Competitive Activity. During the term of this Agreement, Representative shall not solicit, sell or contract to sell, or act as a distributor, sales agent, representative or consultant for, any cholesterol diagnostic device other than the Products (as defined in Section 1 hereof), including, without limitation, any cholesterol diagnostic device manufactured, marketed, distributed or sold by Roche, Accu-trend Instant Plus, Polymer Technologies, Bioscanner2000, Tepi-Healthcheck & Trimeter, Chemtrack Accumeter, and Cholestech-LDX. Sales Representative Agreement - 4 Representative shall promptly notify Lifestream of any change in its business relationships or activities that might be construed as creating a conflict of interest. For purposes of this Section 8, "cholesterol diagnostic device" shall include, without limitation, any and all cholesterol diagnostic devices.
No Competitive Activity. Absent the Compensation Committee’s written consent, Executive shall not, during the Restricted Period accept compensation or anything of value from, nor offer or provide any services, including consulting services, to any person, company, partnership, joint venture or other entity which has or does a significant business involving, in whole or in part, over-the-counter drugs, functional toiletries or dietary supplements which are competitive with the products of Chattem marketed and sold during the term of this Agreement up through the date of termination of employment with annual sales for Chattem's most recently completed fiscal year in excess of $10 million. This provision applies only to persons or entities selling the above-specified products in competition with Chattem through food, drug or mass merchandiser channels of distribution in the United States.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!