Non Compete and No Solicitation Sample Clauses

Non Compete and No Solicitation. The parties agree that in your position as Senior Vice-President and Chief Marketing Officer of the Company and as a member of the Management Committee, you had broad supervisory and management responsibility for the Company’s marketing function and knowledge of its strategic direction. Consequently, in consideration for the sums being paid to you hereunder, you agree not to--whether as director, employee, or consultant--work or consult with or for any business in the United States that competes directly with the Company, (a “Company Competitor”) for a period equal to the number of months you are receiving severance benefits (24 months following your Separation Date). A Company Competitor shall include restaurants or restaurant chains within the family dining segment and shall specifically include, without limitation, IHOP, Shoney’s, Cracker Barrel, Xxx Xxxxx and any and all other similar local, regional, and national chain restaurants. For a period of twenty-four (24) months following your Separation Date, you further agree that you will not solicit any employee of the Company in order to induce, entice or influence the employee to terminate his or her employment with the Company or any of its subsidiaries in order to work for you, your new employer or any company in which you or your family members have an economic interest.
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Non Compete and No Solicitation. (a) For a period of four (4) years from the Closing Date, each of the Seller and Monster shall not, and shall not permit any of their respective Affiliates to, directly or indirectly, (i) engage in (in any capacity, including as a partner, investor, owner, operator, lender, shareholder, member, employee, principal, agent, trustee or consultant) or assist others in engaging in the “Restricted Business” (as hereinafter defined) in the Republic of Korea; (ii) have an interest in any Person that engages directly or indirectly in the Restricted Business in the Republic of Korea in any capacity, including as a partner, investor, owner, operator, lender, shareholder, member, employee, principal, agent, trustee or consultant; or (iii) interfere in any material respect with the business relationships (whether formed prior to or after the date of this Agreement) between the Company, on the one hand, and customers or suppliers or other business partners of the Company, on the other hand; provided, however, that notwithstanding the foregoing, each of the Seller and Monster may own, directly or indirectly, solely as an investment,
Non Compete and No Solicitation 

Related to Non Compete and No Solicitation

  • Non-Compete and Non-Solicitation The Employee undertakes, agrees and covenants with the Company that for a period of 6 (six) months from the termination/ expiry of this contract, as the case may be (“Non-Compete Period”), the Employee shall not, either directly or indirectly work with any company, association, firm, individual or carry on any activity, which is the same as, or similar to, or which competes or is reasonably likely to compete with, the business of the Company, including, but not limited, to any company involved in the field of Education technology. The Employee acknowledges that the restrictions on the competitive activity of the Employee set forth in this contract are mainly to protect the value of the Company due to the loss of an employee. The Employee acknowledges and agrees that the covenants contained in this clause are no more extensive than is reasonable to protect the interests of the Company and to protect the business of the Company. The Employee acknowledges and deems the terms and conditions of this contract, including the remuneration given hereunder, to be adequate consideration for giving the undertakings contained in this clause.

  • Non-Compete, Non-Solicitation Except as described in the Statutory Prospectus and the Prospectus, to the Company’s knowledge, none of the Sponsor, directors or officers of the Company is subject to a noncompetition agreement or non-solicitation agreement with any employer or prior employer that could materially affect its, his or her ability to be and act in the capacity of shareholder, officer or director of the Company, as applicable.

  • Non-Competition and Non-Solicitation In consideration of the salary paid to the Executive by the Company and subject to applicable law, the Executive agrees that during the term of the Employment and for a period of one (1) year following the termination of the Employment for whatever reason:

  • Non-Competition; Non-Solicitation Executive acknowledges and recognizes the highly competitive nature of the businesses of the Company and its affiliates and accordingly agrees as follows:

  • Non-Solicitation and Non-Competition Ancillary to the agreements to provide Executive with the Confidential Information as set forth above, and in order to aid in the enforcement of those agreements and as a condition of Executive’s employment hereunder, Executive agrees that, during the Term and for a period of two (2) years after the termination of Executive’s employment with the Company (or, in the event Executive is entitled to the payments and benefits described in Section 4.3(c) hereof, for a period of one (1) year after termination of Executive’s employment with the Company) (as applicable, the “Prohibited Period”), Executive will:

  • Non-Solicitation; Non-Competition (a) Executive agrees that, during the Term and until nine (9) months after the termination of his employment, Executive will not, directly or indirectly, including on behalf of any person, firm or other entity, employ or actively solicit for employment any employee of the Company or any of its Affiliated Entities, or anyone who was an employee of the Company or any of its Affiliated Entities within the nine (9) months prior to the termination of Executive’s employment, or induce any such employee to terminate his or his employment with the Company or any of its Affiliated Entities.

  • Non-Solicitation and Non-Compete The Executive agrees that,

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