Common use of Non-Compete Obligations Clause in Contracts

Non-Compete Obligations. In the below identified capacities, during Executive’s employment and for a period of twelve (12) months immediately after Executive’s voluntary or involuntary termination, Executive will not (1) engage in any Company Competitive Business within the Company Restricted Geographic Area and (2) will not engage in any Company Competitive Business outside the Company Restricted Geographic Area if such work impacts or influences any Company Competitive Business within the Company Restricted Geographic Area: (i) in the same or similar capacity or function to that in which Executive worked for the Company, (ii) in any sales or marketing capacity, (iii) in any officer, executive or managerial capacity, (iv) in any business development capacity, (v) in any ownership capacity (provided, however, Executive may own up to 1% of any class of securities that is listed or admitted to trading on a national securities exchange or in a recognized over-the-counter market), or (vi) in any other capacity in which Executive’s knowledge of the Confidential Information would facilitate or support Executive’s work for the Company Competitive Business.

Appears in 10 contracts

Samples: Employment Agreement (Hhgregg, Inc.), Employment Agreement (Hhgregg, Inc.), Employment Agreement (Hhgregg, Inc.)

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Non-Compete Obligations. In the below identified capacities, during Executive’s employment and for a period of twelve (12) months immediately after Executive’s voluntary or involuntary terminationtermination ("Restricted Period"), Executive will not (1) engage in any Company Competitive Business within the Company Restricted Geographic Area and (2) will not engage in any Company Competitive Business outside the Company Restricted Geographic Area if such work impacts or influences any Company Competitive Business within the Company Restricted Geographic Area: (i) in the same or similar capacity or function to that in which Executive worked for the Company, (ii) in any sales or marketing capacity, (iii) in any officer, executive or managerial capacity, (iv) in any business development capacity, (v) in any ownership capacity (provided, however, Executive may own up to 1% of any class of securities that is listed or admitted to trading on a national securities exchange or in a recognized over-the-counter market), or (vi) in any other capacity in which Executive’s knowledge of the Confidential Information would facilitate or support Executive’s work for the Company Competitive Business.

Appears in 7 contracts

Samples: Employment Agreement (Hhgregg, Inc.), Employment Agreement (Hhgregg, Inc.), Employment Agreement (Hhgregg, Inc.)

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Non-Compete Obligations. In the below identified capacities, during Executive’s 's employment and for a period of twelve (12) months immediately after Executive’s 's voluntary or involuntary terminationtermination ("Restricted Period"), Executive will not (1) engage in any Company Competitive Business within the Company Restricted Geographic Area and (2) will not engage in any Company Competitive Business outside the Company Restricted Geographic Area if such work impacts or influences any Company Competitive Business within the Company Restricted Geographic Area: (i) in the same or similar capacity or function to that in which Executive worked for the Company, (ii) in any sales or marketing capacity, (iii) in any officer, executive or managerial capacity, (iv) in any business development capacity, (v) in any ownership capacity (provided, however, Executive may own up to 1% of any class of securities that is listed or admitted to trading on a national securities exchange or in a recognized over-the-counter market), or (vi) in any other capacity in which Executive’s 's knowledge of the Confidential Information would facilitate or support Executive’s 's work for the Company Competitive Business.

Appears in 1 contract

Samples: Employment Agreement (Hhgregg, Inc.)

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