Non-Compete Agreement. Recognizing that the various items of Information are special and unique assets of the company, Morris agrees and covenants thxx xxx a period of 2 years following the termination of this Agreement, whether such termination is voluntary or involuntary, Morris will not directly or inxxxxxxly engage in any business competitive with Odyssey. This covenant shall apply to the geographical area that includes the area within a 100-mile radius of any project that the company is actively considering. Directly or indirectly engaging in any competitive business includes, but is not limited to, (i) engaging in a business as owner, partner, or agent, (ii) becoming an employee of any third party that is engaged in such business, (iii) becoming interested directly or indirectly in any such business, or (iv) soliciting any customer of Odyssey for the benefit of a third party that is engaged in such business
Appears in 2 contracts
Samples: Employment Agreement (Odyssey Marine Exploration Inc), Employment Agreement (Odyssey Marine Exploration Inc)
Non-Compete Agreement. Recognizing that the various items of Information are special and unique assets of the company, Morris agrees and covenants thxx xxx txxx xxr a period of 2 years following the termination of this Agreement, whether such termination is voluntary or involuntary, Morris will not directly or inxxxxxxly ixxxxxxtly engage in any business competitive with Odyssey. This covenant shall apply to the geographical area that includes the area within a 100-mile radius of any project that the company is actively considering. Directly or indirectly engaging in any competitive business includes, but is not limited to, (i) engaging in a business as owner, partner, or agent, (ii) becoming an employee of any third party that is engaged in such business, (iii) becoming interested directly or indirectly in any such business, or (iv) soliciting any customer of Odyssey for the benefit of a third party that is engaged in such business.
Appears in 1 contract
Samples: Employment Agreement (Odyssey Marine Exploration Inc)
Non-Compete Agreement. Recognizing that the various items of Information are special and unique assets of the company, Morris Stemm agrees and covenants thxx xxx xxr a period of 2 years following the termination of this Agreement, whether such termination is voluntary or involuntary, Morris Stemm will not directly or inxxxxxxly inxxxxxtly engage in any business competitive with Odyssey. This covenant shall apply to the geographical area that includes the area within a 100-mile radius of any project that the company is actively considering. Directly or indirectly engaging in any competitive business includes, but is not limited to, (i) engaging in a business as owner, partner, or agent, (ii) becoming an employee of any third party that is engaged in such business, (iii) becoming interested directly or indirectly in any such business, or (iv) soliciting any customer of Odyssey for the benefit of a third party that is engaged in such business
Appears in 1 contract
Samples: Employment Agreement (Odyssey Marine Exploration Inc)
Non-Compete Agreement. Recognizing that the various items of Information are special and unique assets of the company, Morris agrees and covenants thxx xxx a period of 2 years following the termination of this Agreement, whether such termination is voluntary or involuntary, Morris will not directly or inxxxxxxly engage in any business competitive with Odyssey. This covenant shall apply to the geographical area that includes the area within a 100-mile radius of any project that the company is actively considering. Directly or indirectly engaging in any competitive business includes, but is not limited to, (iI) engaging in a business as owner, partner, or agent, (ii) becoming an employee of any third party that is engaged in such business, (iii) becoming interested directly or indirectly in any such business, or (iv) soliciting any customer of Odyssey for the benefit of a third party that is engaged in such business.
Appears in 1 contract
Samples: Employment Agreement (Odyssey Marine Exploration Inc)
Non-Compete Agreement. Recognizing that the various items of Information are special and unique assets of the company, Morris Stemm agrees and covenants thxx xxx txxx xor a period of 2 years following the termination of this Agreement, whether such termination is voluntary or involuntary, Morris Stemm will not directly or inxxxxxxly ixxxxxctly engage in any business competitive with Odyssey. This covenant shall apply to the geographical area that includes the area within a 100-mile radius of any project that the company is actively considering. Directly or indirectly engaging in any competitive business includes, but is not limited to, (iI) engaging in a business as owner, partner, or agent, (ii) becoming an employee of any third party that is engaged in such business, (iii) becoming interested directly or indirectly in any such business, or (iv) soliciting any customer of Odyssey for the benefit of a third party that is engaged in such business
Appears in 1 contract
Samples: Employment Agreement (Odyssey Marine Exploration Inc)
Non-Compete Agreement. Recognizing that the various items of Information are special and unique assets of the company, Morris agrees and covenants thxx xxx xxxx xor a period of 2 years following the termination of this Agreement, whether such termination is voluntary or involuntary, Morris will not directly or inxxxxxxly xxxxxxctly engage in any business competitive with Odyssey. This covenant shall apply to the geographical area that includes the area within a 100-mile radius of any project that the company is actively considering. Directly or indirectly engaging in any competitive business includes, but is not limited to, (i) engaging in a business as owner, partner, or agent, (ii) becoming an employee of any third party that is engaged in such business, (iii) becoming interested directly or indirectly in any such business, or (iv) soliciting any customer of Odyssey for the benefit of a third party that is engaged in such business
Appears in 1 contract
Samples: Employment Agreement (Odyssey Marine Exploration Inc)
Non-Compete Agreement. Recognizing that the various items of Information are special and unique assets of the company, Morris agrees and covenants thxx xxx a period of 2 years following the termination of this Agreement, whether such termination is voluntary or involuntary, Morris will not directly or inxxxxxxly engage in any business competitive with Odyssey. This covenant shall apply to the geographical area that includes the area within a 100-mile radius of any project that the company is actively considering. Directly or indirectly engaging in any competitive business includes, but is not limited to, (i) engaging in a business as owner, partner, or agent, (ii) becoming an employee of any third party that is engaged in such business, (iii) becoming interested directly or indirectly in any such business, or (iv) soliciting any customer of Odyssey for the benefit of a third party that is engaged in such business.
Appears in 1 contract
Samples: Employment Agreement (Odyssey Marine Exploration Inc)
Non-Compete Agreement. Recognizing that the various items of Information are special and unique assets of the company, Morris Stemm agrees and covenants thxx thax xxx a period of 2 years following the termination of this Agreement, whether such termination is voluntary or involuntary, Morris Stemm will not directly or inxxxxxxly indxxxxxly engage in any business competitive with Odyssey. This covenant shall apply to the geographical area that includes the area within a 100-mile radius of any project that the company is actively considering. Directly or indirectly engaging in any competitive business includes, but is not limited to, (i) engaging in a business as owner, partner, or agent, (ii) becoming an employee of any third party that is engaged in such business, (iii) becoming interested directly or indirectly in any such business, or (iv) soliciting any customer of Odyssey for the benefit of a third party that is engaged in such business.
Appears in 1 contract
Samples: Employment Agreement (Odyssey Marine Exploration Inc)