No Conflicting Arrangements Sample Clauses

No Conflicting Arrangements. Consultant represents and warrants that Consultant has not performed since January 1, 2005, and does not presently perform or intend to perform, any consulting or other services for, or engage in or intend to engage in an employment relationship with, any third party who business or proposed business in any way involve products or services which are, or are likely to be, directly or indirectly competitive with the Company’s products or services, or those products or services proposed or in development by the Company during the term of this Agreement (“Competitive Services”). If, however, Consultant in the future decides to provide Competitive Services, Consultant shall provide the Company at least thirty (30) days’ prior written notice, specifying the name and address of the third party, and sufficient information regarding the proposed Competitive Services to permit the Company to evaluate whether they would conflict with (a) the terms of this Agreement, (b) the interests of the Company, or (c) further services which the Company might request of Consultant. If the Company, in its sole discretion, determines that the proposed Competitive Services would or are likely to conflict with any of (a) through (c) above, it will so notify Consultant in writing. If Consultant thereafter enters into any agreement or arrangement relating to these Competitive Services, or provides Competitive Services to this third party, this Agreement will terminate immediately as of that date, and the Company shall have no further payment obligations of any kind to Consultant.