Non-Compete and Non-Solicit. While employed by Employer and, if Executive is terminated Without Cause, until the one (1) year anniversary of the termination date, Executive will not, directly or indirectly, engage in or render any service of a business, commercial or professional nature to any other person, entity or organization, whether for compensation or otherwise, that is in competition with Employer or any other Related Company anywhere in the world. In accordance with this restriction, but without limiting its terms, Executive will not: (a) enter into or engage in any business which competes with the business of Employer or any other Related Company; (b) solicit customers, business, patronage or orders for, or sell, any products or services in competition with, or for any business that competes with, the business of Employer or any other Related Company; (c) divert, entice, or take away any customers, business, patronage or orders of Employer or any other Related Company or attempt to do so; or (d) promote or assist, financially or otherwise, any person, firm, association, partnership, corporation or other entity engaged in any business which competes with the business of Employer or any other Related Company. Section 12 notwithstanding, Employer’s sole remedy for a breach of this Section 6.2 subsequent to Executive’s termination Without Cause shall be termination of Employer’s obligation to make further payments of any Severance Amount pursuant to Section 5.5(a)(iii) and, for the avoidance of doubt, Employer shall not be entitled to monetary damages in the event of any such breach.
Appears in 7 contracts
Samples: Employment Agreement (First American Financial Corp), Employment Agreement (First American Financial Corp), Employment Agreement (First American Financial Corp)
