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.
Appears in 4 contracts
Samples: Employment Agreement (Sanofi-Aventis), Merger Agreement (Chattem Inc), Merger Agreement (Sanofi-Aventis)
