Common use of Non-Compete Period Clause in Contracts

Non-Compete Period. For the purposes of this Employment Agreement, the term "Non-Compete Period" shall mean the Term, and if Executive's employment is terminated by Company for "cause", by Executive without "good reason", or so long as Company pays Executive the termination benefit specified in paragraph 5(e)(ii) above, an additional period of one (1) year from and after the date of termination.

Appears in 2 contracts

Samples: Bruce Deichl Employment Agreement (Regent Group Inc /De), Employment Agreement (Regent Group Inc /De)

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Non-Compete Period. For the purposes of this Employment Agreement, the term "Non-Compete Period" shall mean the Term, and if Executive's employment is terminated by Company for "cause", ," by Executive without "good reason", ," or so long as Company pays Executive the termination benefit specified in paragraph 5(e)(ii) above, an additional period of one (1) year from and after the date of termination.. (b)

Appears in 1 contract

Samples: Employment Agreement Employment Agreement (Metromedia Fiber Network Inc)

Non-Compete Period. For the purposes of this Employment Agreement, the term "Non-Compete Period" shall mean the Term, and if Executive's employment is terminated by Company for "cause", ," by Executive without "good reason", ," or so long as Company pays Executive the termination benefit specified in paragraph 5(e)(ii) above, an additional period of one (1) year from and after the date of termination.

Appears in 1 contract

Samples: Finkelstein Employment Agreement (Metromedia Fiber Network Inc)

Non-Compete Period. For the purposes of this Employment Agreement, the term "Non-Compete Period" shall mean the Term, and if Executive's employment is terminated by Company for "cause"" or due to Executive’s disability, by Executive without "good reason", or so long as Company pays Executive the termination benefit specified in paragraph 5(e)(ii) above, an additional period of one (1) year from and after the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Millennium Biotechnologies Group Inc)

Non-Compete Period. For the purposes of this Employment Agreement, the term "Non-Compete Period" shall mean the Term, and if Executive's employment is terminated by Company for "cause", by Executive without "good reason", or so long as Company pays Executive the termination benefit specified in paragraph 5(e)(ii) above, an additional period of one (1) year from and after the date of termination.by

Appears in 1 contract

Samples: Employment Agreement (Metromedia Fiber Network Inc)

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Non-Compete Period. For the purposes of this Employment Agreement, the term "Non-Compete Period" shall mean the then current three year Term, and if Executive's employment is terminated by Company for "cause", by Executive without "good reason", or so long as Company pays Executive the termination benefit specified in paragraph 5(e)(ii) above, an additional period of one six (16) year months from and after the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Satellite Enterprises Corp)

Non-Compete Period. For the purposes of this Employment Agreement, the ------------------- term "Non-Compete Period" shall mean the Term, and if Executive's employment is ------------------ terminated by Company for "cause", by Executive without "good reason", or so long as Company pays Executive the termination benefit specified in paragraph 5(e)(ii) above, an additional period of one six (16) year months from and after the date of termination.

Appears in 1 contract

Samples: Employment Agreement (International Wireless Inc)

Non-Compete Period. For the purposes of this Employment Agreement, the term "Non-Compete Period" shall mean the Term, and if Executive's employment is terminated by Company for "cause", by Cause" or Executive resigns his employment without "good reason", or so long as Company pays Executive the termination benefit specified in paragraph 5(e)(ii) above, Good Reason," an additional period of one (1) year six months from and after the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Metromedia Fiber Network Inc)

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