Non-Compete Clause. For a period of twelve (12) months 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 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 Board, engage in, become interested, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a 5% or greater 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 earned 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.
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.
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. The Consultant herein agrees not to participate in any activity or action that may be deemed of a competitive nature with any activity of the Client/Company throughout the duration of their relationship pursuant to the terms and conditions of this Agreement. Therefore, for the purpose of this paragraph, competitive activity thus encompasses forming and/or making plans to form a business entity that may be seen as being competitive with any business of the Client. This however, in no way, does not prevent the Consultant from seeking or obtaining employment or any other form of business relationship with a competitor after termination of employment with the Client so long as said competitor was in existence prior to the termination of the relationship with the Client and Consultant was and/or is in no way involved with the organization for formation of another such competitor. During and after the Consultant's contract period with the Client/Company, in the State of ____________________, and for a period of year(s) following termination of employment however caused, the Consultant, not its Subconsultants, shall not seek or gain employment with any newly formed business (business formed after termination of this Agreement) that is in competition with the Company, its subsidiaries or affiliates within described as or within a of the Company and the aforementioned business location.
