Non-Compete Clause. For a period of two (2) years after the conclusion of his employment with Calypso, the Executive shall not engage in any employment or work for any company or third party, including consulting engagements, that is directly or indirectly involved in competition with Calypso Wireless or any of its subsidiaries or successors in interest. This shall include but not be limited to any business entity involved in the development, servicing or manufacture of wireless communications of any type, including but not limited to cellular telephones. In addition, the Executive shall not directly or indirectly solicit any Calypso employees, contractors, or vendors to gain employment or business affiliation with any business that competes directly or indirectly with Calypso.
Non-Compete Clause. Except as stated in the second paragraph of this subsection, Executive expressly agrees that, as consideration for the agreements of the Association contained herein and as a condition to the performance by the Association of its obligations hereunder, throughout the entire period beginning at the time of termination of employment until the final payment is made to Executive, as provided herein, he will not, without the prior written consent of the Association, engage in, become interested, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a substantial shareholder in a corporation, nor become associated with, in the capacity of an employee, director, officer, principal, agent, trustee or in any other capacity whatsoever, any enterprise conducted in any city, town or county in which the Association maintains an office at the time of Executive’s termination of employment, which enterprise is, or may deemed to be, competitive with any business carried on by the Association as of the date of the termination of Executive’s employment or his retirement. In the event Executive’s termination follows a Change in Control or other material change in the Association‘s structure or business activities, Executive shall be entitled to his Supplemental Retirement Income Benefit, whether or not he enters into an arrangement that is deemed to be competitive with Flatbush Federal Bancorp, Inc. and/or the Association.
Non-Compete Clause. The Executive expressly agrees that, as consideration for the agreements of the Bank contained herein and as a condition to the performance by the Bank of its obligations hereunder, throughout the entire period beginning with the date of this Agreement and continuing until the final payment is made to Executive, as provided herein, he will not, without the prior written consent of the Bank, engage in, become interested, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a substantial shareholder in a corporation, nor become associated with, in the capacity of an employee, director, officer, principal, agent, trustee or in any other capacity whatsoever, any enterprise conducted in the trading area of the business of the Bank which may be deemed to be competitive with any business carried on by the Bank as of the date of the termination of the Executive's employment or his retirement.
Non-Compete Clause. If the Executive is entitled to receive a benefit pursuant to the provisions of Paragraphs 4 or 6, then as a condition of the Executive’s entitlement to such benefit, the Executive agrees not to engage in Competitive Activity in the Employer’s Market Area within the three (3) year period beginning on the date of the Executive’s Separation from Service. The term “
Non-Compete Clause. Maxxon/Xxxxx or its successors may not enter into any negotiations or attempt to buy products or the actual operations of Cap Tabs NFM, Inc. 0000 Xxxxxxxx Xxxxx, Xxx Xxxxx, XX 00000 and /or Summa Rx Laboratories, Inc., 00000 XX Xx. #0000, Xxxxxxx Xxxxx, XX 00000. Additionally, Maxxon/Xxxxx or it successors may not use any information attained from Xxxxx Xxxx/Ives to start, fund or induce start up of any competitive business, for a period of five (5) years in any areas where Ives conducts its business, including but not limited to the United States of America.
Non-Compete Clause. Except as stated in the second paragraph of this subsection, Executive expressly agrees that, as consideration for the agreements of the Bank contained herein and as a condition to the performance by the Bank of its obligations hereunder, for eighteen (18) months following termination of Executive's employment, other than a termination of employment following a Change in Control, Executive will not, without the prior written consent of the Bank, engage in or become interested, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a substantial shareholder in a corporation, nor become associated with, in the capacity of an employee, director, officer, principal, agent, trustee or in any other capacity whatsoever, any enterprise conducted in any city, town or county in which the Bank maintains an office at the time of Executive's termination of employment, which enterprise is, or may deemed to be, competitive with any business carried on by the Bank as of the date of the termination of Executive's employment or his retirement.
Non-Compete Clause. 1. During the term of this Agreement, Party B and Party C shall not provide the same services set forth in this Agreement to any other automakers that directly compete with Party A absent consent from Party A.
2. During the term of this Agreement, absent consent from Party B or Party C, Party A shall not source part or all of the services set forth in Article 1 from any other companies unless the following occurs:
1) The services provided by Party B and Party C fail to meet the requirements of Party A and continue to fail to meet Party A’s requirements upon Party A’s formal request for improvement; or
2) Significant losses are caused to Party A due to the material breach of contract by Party B or Party C.
Non-Compete Clause. Except as stated in the second paragraph of this subsection, the Executive expressly agrees that, as consideration for the agreements of the Bank contained herein and as a condition to the performance by the Bank of its obligations hereunder, throughout the entire period beginning at the time of termination of employment until the final payment is made to Executive, as provided herein, he will not, without the prior written consent of the Bank, engage in, become interested, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a substantial shareholder in a corporation, nor become associated with, in the capacity of an employee, director, officer, principal, agent, trustee or in any other capacity whatsoever, any enterprise conducted in the trading area of the business of the Bank which enterprise is, or may deemed to be, competitive with any business carried on by the Bank as of the date of the termination of the Executive's employment or his retirement. The parties agree that if, for any reason, any covenant contained herein is held by a court or other tribunal to be unenforceable or invalid, that such court or tribunal will have the authority to limit such covenant to that which the court or tribunal deems proper under the circumstances and to enforce such covenant as limited. Notwithstanding the foregoing, Executive agrees to honor the terms of this Non-Compete Clause and not to contest its enforceability. In the event Executive's termination follows a Change in Control or other material change in the Bank's structure or business activities, Executive shall be entitled to his Supplemental Retirement Income Benefit whether or not he enters into an arrangement that is deemed to be competitive with the Bank.
Non-Compete Clause. 9.1 During the term of this Agreement the Executive shall not become active, neither directly nor indirectly, neither for his own account nor as an employee, for a business which is directly competing, or where there are concrete indications that it may competing, with the Company or an Affiliate. The Executive shall also refrain from soliciting the employees of the Company or its affiliates or SRVY and its affiliates. This prohibition shall apply also to any consulting or other promoting of such business, even on an intermediate basis, to the starting of any such business and to the taking of any participation or interest in any such business. The prohibition shall not apply to the holding of shares in companies listed on a stock exchange representing less than one percent of the share capital.
9.2 The prohibition in Section 9.1 shall continue to apply for a period of two years following termination of this Agreement on the basis of the business of the Company or an Affiliate carried out on the date of termination of this Agreement (taking into account any business under development by these companies to the extent known by the Executive).. Provided that the Executive has been terminated without an important reason (for cause), and has not resigned for "Good Reason", as defined below, the Executive shall be entitled to compensation payments during such period which in each month shall amount to 50% of one twelfth of the total remuneration base compensation received by the Executive during the 12 preceding months prior to the termination of this Agreement. The Company may waive the prohibition provided for in this Section 9.2 at any time, in which case the obligation to pay compensation shall cease [effective three months following receipt of the notice of waiver]. Section 74c, para. 1
Non-Compete Clause. The Occupational Therapist warrants to Island that he/she will not attempt to compete with Island to obtain any client cases as an individual provider or through another agency, for the duration that a patient is a client of Island. The Occupational Therapist represents that he/she has read and understands the forgoing.
