Common use of Non-Compete, Non-Solicitation; Confidentiality Clause in Contracts

Non-Compete, Non-Solicitation; Confidentiality. (a) In further consideration of the Award granted to Employee hereunder, Employee acknowledges and agrees that during the course of Employee’s employment with the Company and its subsidiaries Employee shall become familiar, and during Employee’s employment with the predecessors of the Company and its subsidiaries, Employee has become familiar, with the Company’s trade secrets and with other confidential information and that Employee’s services have been and shall be of special, unique and extraordinary value to the Company and its subsidiaries, and therefore, Employee agrees that, during his or her employment with the Company and, if the Employee terminates his or her employment with the Company for any reason, for a period of one year thereafter (the “Non-Compete Period”), Employee shall not directly or indirectly (whether as an owner, partner, shareholder, agent, officer, director, employee, independent contractor, consultant or otherwise) own any interest in, operate, invest in, manage, control, participate in, consult with, render services for (alone or in association with any person or entity), in any manner engage in any business activity on behalf of a Competing Business within any geographical area in which the Company or its subsidiaries currently operates or plans to operate. Nothing herein shall prohibit Employee from being a passive owner of not more than 2% of the outstanding stock of any class of a corporation which is publicly traded, so long as Employee has no active participation in the business of such corporation. For purposes of this paragraph, “Competing Business” means each of the following entities, together with their respective subsidiaries and affiliates: TJ Maxx, Xxxxxxxx’x, Xxxx Stores, Steinmart, Century 21, Xxxxxx Xxxxx and Xxxxxxxxxxxxx Stores.

Non-Compete, Non-Solicitation; Confidentiality. (a) In further consideration of the Award granted to Employee hereunder, Employee acknowledges and agrees that during the course of Employee’s employment with the Company and its subsidiaries Subsidiaries Employee shall become familiar, and during Employee’s employment with the predecessors of the Company and its subsidiariesSubsidiaries, Employee has become familiar, with the Company’s trade secrets and with other confidential information and that Employee’s services have been and shall be of special, unique and extraordinary value to the Company and its subsidiariesSubsidiaries, and therefore, Employee agrees that, during his or her employment with the Company and, if the Employee terminates his or her employment with the Company for any reason, for a period of one year thereafter (the “Non-Compete Period”), Employee shall not directly or indirectly (whether as an owner, partner, shareholder, agent, officer, director, employee, independent contractor, consultant or otherwise) own any interest in, operate, invest in, manage, control, participate in, consult with, render services for (alone or in association with any person or entity), in any manner engage in any business activity on behalf of a Competing Business within any geographical area in which the Company or its subsidiaries Subsidiaries currently operates or plans to operate. Nothing herein shall prohibit Employee from being a passive owner of not more than 2% of the outstanding stock of any class of a corporation which is publicly traded, so long as Employee has no active participation in the business of such corporation. For purposes of this paragraph, “Competing Business” means each of the following entities, together with their respective subsidiaries and affiliates: TJ Maxx, Xxxxxxxx’xMxxxxxxx’x, Xxxx Stores, Steinmart, Century 21, Xxxxxx Xxxxx Fxxxxx Mxxxx and Xxxxxxxxxxxxx Sxxxxxxxxxxxx Stores.

Non-Compete, Non-Solicitation; Confidentiality. (a) In further consideration of the Award granted to Employee Participant hereunder, Employee Participant acknowledges and agrees that during the course of EmployeeParticipant’s employment with the Company and its subsidiaries Employee Participant shall become familiar, and during EmployeeParticipant’s employment with the predecessors of the Company and its subsidiaries, Employee Participant has become familiar, with the Company’s trade secrets and with other confidential information and that EmployeeParticipant’s services have been and shall be of special, unique and extraordinary value to the Company and its subsidiaries, and therefore, Employee Participant agrees that, during his or her employment with the Company and its subsidiaries and, if the Employee Participant terminates his or her employment with the Company and its subsidiaries for any reason, for a period of one year thereafter (the “Non-Compete Period”), Employee Participant shall not directly or indirectly (whether as an owner, partner, shareholder, agent, officer, director, employee, independent contractor, consultant or otherwise) own any interest in, operate, invest in, manage, control, participate in, consult with, render services for (alone or in association with any person or entity), in any manner engage in any business activity on behalf of a Competing Business within any geographical area in which the Company or its subsidiaries currently operates or plans to operate. Nothing herein shall prohibit Employee Participant from being a passive owner of not more than 2% of the outstanding stock of any class of a corporation which is publicly traded, so long as Employee Participant has no active participation in the business of such corporation. For purposes of this paragraph, “Competing Business” means each of the following entities, together with their respective subsidiaries and affiliates: TJ Maxx, Xxxxxxxx’x, Xxxx Stores, Steinmart, Century 21, Xxxxxx Xxxxx Xxxxx, and Xxxxxxxxxxxxx Stores.

Non-Compete, Non-Solicitation; Confidentiality. (a) In further consideration of the Award granted to Employee hereunder, Employee acknowledges and agrees that during the course of Employee’s employment with the Company and its subsidiaries Subsidiaries Employee shall become familiar, and during Employee’s employment with the predecessors of the Company and its subsidiariesSubsidiaries, Employee has become familiar, with the Company’s trade secrets and with other confidential information and that Employee’s services have been and shall be of special, unique and extraordinary value to the Company and its subsidiariesSubsidiaries, and therefore, Employee agrees that, during his or her employment with the Company and, if the Employee terminates his or her employment with the Company for any reason, for a period of one year thereafter (the “Non-Compete Period”), Employee shall not directly or indirectly (whether as an owner, partner, shareholder, agent, officer, director, employee, independent contractor, consultant or otherwise) own any interest in, operate, invest in, manage, control, participate in, consult with, render services for (alone or in association with any person or entity), in any manner engage in any business activity on behalf of a Competing Business within any geographical area in which the Company or its subsidiaries Subsidiaries currently operates or plans to operate. Nothing herein shall prohibit Employee from being a passive owner of not more than 2% of the outstanding stock of any class of a corporation which is publicly traded, so long as Employee has no active participation in the business of such corporation. For purposes of this paragraph, “Competing Business” means each of the following entities, together with their respective subsidiaries and affiliates: TJ Maxx, Xxxxxxxx’x, Xxxx Stores, Steinmart, Century 21, Xxxxxx Xxxxx and Xxxxxxxxxxxxx Stores.

Non-Compete, Non-Solicitation; Confidentiality. (a) In further consideration of the Award granted to Employee Participant hereunder, Employee Participant acknowledges and agrees that during the course of EmployeeParticipant’s employment with the Company and its subsidiaries Employee Subsidiaries Participant shall become familiar, and during EmployeeParticipant’s employment with the predecessors of the Company and its subsidiariesSubsidiaries, Employee Participant has become familiar, with the Company’s trade secrets and with other confidential information and that EmployeeParticipant’s services have been and shall be of special, unique and extraordinary value to the Company and its subsidiariesSubsidiaries, and therefore, Employee Participant agrees that, during his or her employment with the Company and its Subsidiaries and, if the Employee Participant terminates his or her GLG-206068.4 employment with the Company and its Subsidiaries for any reason, for a period of one year thereafter (the “Non-Compete Period”), Employee Participant shall not directly or indirectly (whether as an owner, partner, shareholder, agent, officer, director, employee, independent contractor, consultant or otherwise) own any interest in, operate, invest in, manage, control, participate in, consult with, render services for (alone or in association with any person or entity), in any manner engage in any business activity on behalf of a Competing Business within any geographical area in which the Company or its subsidiaries Subsidiaries currently operates or plans to operate. Nothing herein shall prohibit Employee Participant from being a passive owner of not more than 2% of the outstanding stock of any class of a corporation which is publicly traded, so long as Employee Participant has no active participation in the business of such corporation. For purposes of this paragraph, “Competing Business” means each of the following entities, together with their respective subsidiaries and affiliates: TJ Maxx, Xxxxxxxx’x, Xxxx Stores, Steinmart, Century 21, Xxxxxx Xxxxx and Xxxxxxxxxxxxx Stores.

Non-Compete, Non-Solicitation; Confidentiality. (a) In further consideration of the Award granted to Employee Participant hereunder, Employee Participant acknowledges and agrees that during the course of EmployeeParticipant’s employment with the Company and its subsidiaries Employee Participant shall become familiar, and during EmployeeParticipant’s employment with the predecessors of the Company and its subsidiaries, Employee Participant has become familiar, with the Company’s trade secrets and with other confidential information and that EmployeeParticipant’s services have been and shall be of special, unique and extraordinary value to the Company and its subsidiaries, and therefore, Employee Participant agrees that, during his or her employment with the Company and its subsidiaries and, if the Employee Participant terminates his or her employment with the Company and its subsidiaries for any reason, for a period of one year thereafter (the “Non-Compete Period”), Employee Participant shall not directly or indirectly (whether as an owner, partner, shareholder, agent, officer, director, employee, independent contractor, consultant or otherwise) own any interest in, operate, invest in, manage, control, participate in, consult with, render services for (alone or in association with any person or entity), in any manner engage in any business activity on behalf of a Competing Business within any geographical area in which the Company or its subsidiaries currently operates or plans to operate. Nothing herein shall prohibit Employee Participant from being a passive owner of not more than 2% of the outstanding stock of any class of a corporation which is publicly traded, so long as Employee Participant has no active participation in the business of such corporation. For purposes of this paragraph, “Competing Business” means each of the following entities, together with their respective subsidiaries and affiliates: TJ Maxx, Xxxxxxxx’xMxxxxxxx’x, Xxxx Stores, Steinmart, Century 21, Xxxxxx Xxxxx Fxxxxx Mxxxx, and Xxxxxxxxxxxxx Sxxxxxxxxxxxx Stores.

Non-Compete, Non-Solicitation; Confidentiality. (a) In further consideration of the Award granted to Employee Participant hereunder, Employee Participant acknowledges and agrees that during the course of EmployeeParticipant’s employment with the Company and its subsidiaries Employee Subsidiaries Participant shall become familiar, and during EmployeeParticipant’s employment with the predecessors of the Company and its subsidiariesSubsidiaries, Employee Participant has become familiar, with the Company’s trade secrets and with other confidential information and that EmployeeParticipant’s services have been and shall be of special, unique and extraordinary value to the Company and its subsidiariesSubsidiaries, and therefore, Employee Participant agrees that, during his or her employment with the Company and its Subsidiaries and, if the Employee Participant terminates his or her employment with the Company and its Subsidiaries for any reason, for a period of one year thereafter (the “Non-Compete Period”), Employee Participant shall not directly or indirectly (whether as an owner, partner, shareholder, agent, officer, director, employee, independent contractor, consultant or otherwise) own any interest in, operate, invest in, manage, control, participate in, consult with, render services for (alone or in association with any person or entity), in any manner engage in any business activity on behalf of a Competing Business within any geographical area in which the Company or its subsidiaries Subsidiaries currently operates or plans to operate. Nothing herein shall prohibit Employee Participant from being a passive owner of not more than 2% of the outstanding stock of any class of a corporation which is publicly traded, so long as Employee Participant has no active participation in the business of such corporation. For purposes of this paragraph, “Competing Business” means each of the following entities, together with their respective subsidiaries and affiliates: TJ Maxx, Xxxxxxxx’xMxxxxxxx’x, Xxxx Stores, Steinmart, Century 21, Xxxxxx Xxxxx Fxxxxx Mxxxx, and Xxxxxxxxxxxxx Sxxxxxxxxxxxx Stores.

Non-Compete, Non-Solicitation; Confidentiality. (a) In further consideration of the Award granted to Employee Participant hereunder, Employee Participant acknowledges and agrees that during the course of EmployeeParticipant’s employment with the Company and its subsidiaries Employee Subsidiaries Participant shall become familiar, and during EmployeeParticipant’s employment with the predecessors of the Company and its subsidiariesSubsidiaries, Employee Participant has become familiar, with the Company’s trade secrets and with other confidential information and that EmployeeParticipant’s services have been and shall be of special, unique and extraordinary value to the Company and its subsidiariesSubsidiaries, and therefore, Employee Participant agrees that, during his or her employment with the Company and its Subsidiaries and, if the Employee Participant terminates his or her employment with the Company and its Subsidiaries for any reason, for a period of one year thereafter (the “Non-Compete Period”), Employee Participant shall not directly or indirectly (whether as an owner, partner, shareholder, agent, officer, director, employee, independent contractor, consultant or otherwise) own any interest in, operate, invest in, manage, control, participate in, consult with, render services for (alone or in association with any person or entity), in any manner engage in any business activity on behalf of a Competing Business within any geographical area in which the Company or its subsidiaries Subsidiaries currently operates or plans to operate. Nothing herein shall prohibit Employee Participant from being a passive owner of not more than 2% of the outstanding stock of any class of a corporation which is publicly traded, so long as Employee Participant has no active participation in the business of such corporation. For purposes of this paragraph, “Competing Business” means each of the following entities, together with their respective subsidiaries and affiliates: TJ Maxx, Xxxxxxxx’x, Xxxx Stores, Steinmart, Century 21, Xxxxxx Xxxxx Xxxxx, and Xxxxxxxxxxxxx Stores.