Common use of Non-Compete and Non-Solicit Clause in Contracts

Non-Compete and Non-Solicit. 8.1 The Founder covenants and agrees that during the term of his employment starting from the Effective Date and until the later of (i) the Founder ceasing to be a shareholder in the Company; or (ii) 12 (Twelve) months from the last working day of the Founder upon termination of employment (with or without Cause) with the Company, the Founder shall not, directly or indirectly, in any capacity, whether through partnership or as a shareholder, joint venture partner, collaborator, consultant or agent or in any other manner whatsoever, whether for profit or otherwise: (a) carry on or participate (whether as a partner, shareholder, principal, agent, director, employee or consultant) in any business and/ or activity which is the same as or substantially similar to the Business, including in the business of any Competitor, other than through the Company; (b) render any services to a Competitor or enter into employment with any of the Competitors; (c) solicit or influence or attempt to influence any client, customer or other Person to direct its purchase of the products and/or services of the Company to itself or any Competitor; and/or (d) solicit or attempt to influence any Person, employed or engaged by the Company (whether as an employee consultant, advisor or distributor or in any other manner) to terminate or otherwise cease such employment or engagement with the Company or become the employee of or directly or indirectly offer services in any form or manner to himself or any other Person which is a Competitor of the Company. 8.2 The Founder covenants and agrees that during the term of his employment starting from the Effective Date and until the later of (i) the Founder ceasing to be a shareholder in the Company; or (ii) 12 (Twelve) months from the last working day of the Founder upon termination of employment (with or without cause) with the Company, the Founder shall not, directly or indirectly: (a) attempt in any manner to contact any client/customer or solicit from any client/customer, except on behalf of the Company, business of the type carried on by the Company or to persuade any Person, which is a client/customer of the Company to cease doing business or to reduce the amount of business which any such client/customer has customarily done or might propose doing with the Company or damage in any way the business relationship that the Company has with any customer/client, whether or not the relationship between the Company and such client/customer was originally established in whole or in part through his efforts; or (b) employ or attempt to employ or assist anyone else to employ any person who is in the employment of the Company, or was in the employment of the Company at any time during the preceding 12 (twelve) months. 8.3 The Founder undertakes to ensure that all business opportunities known to him or made known to him at any time, with respect to and/or connected with the Business are referred to the Company.

Non-Compete and Non-Solicit. 8.1 The Founder covenants and agrees that during the term of his employment starting from the Effective Date and until the later of (i) the Founder ceasing to be a shareholder in the Company; or (ii) 12 (Twelve) months from the last working day of the Founder upon termination of employment (with or without Cause) with the Company, the Founder shall not, directly or indirectly, in any capacity, whether through partnership or as a shareholder, joint venture partner, collaborator, consultant or agent or in any other manner whatsoever, whether for profit or otherwise: (a) : carry on or participate (whether as a partner, shareholder, principal, agent, director, employee or consultant) in any business and/ or activity which is the same as or substantially similar to the Business, including in the business of any Competitor, other than through the Company; (b) ; render any services to a Competitor or enter into employment with any of the Competitors; (c) ; solicit or influence or attempt to influence any client, customer or other Person to direct its purchase of the products and/or services of the Company to itself or any Competitor; and/or (d) and/or solicit or attempt to influence any Person, employed or engaged by the Company (whether as an employee consultant, advisor or distributor or in any other manner) to terminate or otherwise cease such employment or engagement with the Company or become the employee of or directly or indirectly offer services in any form or manner to himself or any other Person which is a Competitor of the Company. 8.2 . The Founder covenants and agrees that during the term of his employment starting from the Effective Date and until the later of (i) the Founder ceasing to be a shareholder in the Company; or (ii) 12 (Twelve) months from the last working day of the Founder upon termination of employment (with or without cause) with the Company, the Founder shall not, directly or indirectly: (a) : attempt in any manner to contact any client/customer or solicit from any client/customer, except on behalf of the Company, business of the type carried on by the Company or to persuade any Person, which is a client/customer of the Company to cease doing business or to reduce the amount of business which any such client/customer has customarily done or might propose doing with the Company or damage in any way the business relationship that the Company has with any customer/client, whether or not the relationship between the Company and such client/customer was originally established in whole or in part through his efforts; or (b) or employ or attempt to employ or assist anyone else to employ any person who is in the employment of the Company, or was in the employment of the Company at any time during the preceding 12 (twelve) months. 8.3 . The Founder undertakes to ensure that all business opportunities known to him or made known to him at any time, with respect to and/or connected with the Business are referred to the Company.