Common use of Non-Compete Provisions Clause in Contracts

Non-Compete Provisions. a. For the purpose of this Non-Competition Agreement, Competitive Activities are: i. producing, developing, selling or marketing, or assisting others to produce, develop, sell or market; ii. engaging in any sales, marketing, research and development or managerial duties (including, without limitation, financial, human resources, strategic planning, or operational duties), whether as an employee, consultant, or otherwise, for any entity which produces, develops, sells or markets; iii. owning, managing, operating, controlling or consulting for any entity which produces, develops, sells or markets; or iv. soliciting the business of any person, company, firm, or corporation who is or was a customer of International Paper or active prospective customers of International Paper within twelve (12) months prior to the termination of my employment; for any product, process, or service that is competitive with those products, processes, or services of International Paper, whether existing or contemplated for the future, concerning which I have in any manner acquired knowledge, trade secrets or confidential information during the twenty-four (24) months preceding termination of my employment. b. While an employee of International Paper, I agree not to engage in any Competitive Activities or prepare to engage in any Competitive Activities in any manner, either directly or indirectly, whether for compensation or otherwise, with International Paper, or to assist any other person or entity to compete or to prepare to compete with International Paper. c. I agree that for twelve (12) months after the date of termination by either party of the employment for any reason (the “Non-Compete Period”), I shall not, directly or indirectly, commit, participate in or facilitate any of the Competitive Activities for any entity that is competitive with International Paper. d. I shall not assist others in engaging in activities that I am not permitted to undertake.

Appears in 1 contract

Samples: Non Competition Agreement (International Paper Co /New/)

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Non-Compete Provisions. a. For the purpose of this Non-Competition Agreement, Competitive Activities are: i. producing, developing, selling or marketing, or assisting others to produce, develop, sell or market; ii. engaging in any sales, marketing, research and development or managerial duties (including, without limitation, financial, human resources, strategic planning, or operational duties), whether as an employee, consultant, or otherwise, for any entity which produces, develops, sells or markets; iii. owning, managing, operating, controlling or consulting for any entity which produces, develops, sells or markets; or iv. soliciting the business of any person, company, firm, or corporation who is or was a customer of International Paper or active prospective customers of International Paper within twelve (12) months prior to the termination of my employment; for for: any product, process, or service that is competitive with those products, processes, or services of International Paper, whether existing or contemplated for the future, on which I have worked, or concerning which I have in any manner acquired knowledge, trade secrets or confidential information during the twenty-four (24) months preceding termination of my employment. b. While an employee or consultant of International Paper, I agree not to engage in any Competitive Activities or prepare to engage in any Competitive Activities in any manner, either directly or indirectly, whether for compensation or otherwise, with International Paper, or to assist any other person or entity to compete or to prepare to compete with International Paper. c. I agree that for twelve (12) months after the date of termination by either party of the employment or consulting relationship for any reason (the “Non-Compete Period), I shall not, directly or indirectly, commit, participate in or facilitate any of the Competitive Activities for any entity that is competitive with the business group(s) in which I worked and in the geographic area for which I was responsible. d. It shall not be a violation of this provision for me to accept employment with a non-competitive division or business unit of a multi-divisional company when some of its divisions or business units are competitors of International Paper, so long as I do not engage in, oversee, provide input or information regarding, or participate in any manner in the activities described in Paragraph 2(a) as they relate to the division or business unit which is a competitor of International Paper. d. e. I shall not assist others in engaging in activities that I am not permitted to undertake.

Appears in 1 contract

Samples: Non Competition Agreement (International Paper Co /New/)

Non-Compete Provisions. a. For the purpose of this Non-Competition Agreement, Competitive Activities are: i. producing, developing, selling or marketing, or assisting others to produce, develop, sell or market; ii. engaging in any sales, marketing, research and development or managerial duties (including, without limitation, financial, human resources, strategic planning, or operational duties), whether as an employee, consultant, or otherwise, for any entity which produces, develops, sells or markets; iii. owning, managing, operating, controlling or consulting for any entity which produces, develops, sells or markets; or iv. soliciting the business of any person, company, firm, or corporation who is or was a customer of International Paper or active prospective customers of International Paper within twelve (12) months prior to the termination of my employment; for for: any product, process, or service that is competitive with those products, processes, or services of International Paper, whether existing or contemplated for the future, on which I have worked, or concerning which I have in any manner acquired knowledge, trade secrets or confidential information during the twenty-four (24) months preceding termination of my employment. b. While an employee of International Paper, I agree not to engage in any Competitive Activities or prepare to engage in any Competitive Activities in any manner, either directly or indirectly, whether for compensation or otherwise, with International Paper, or to assist any other person or entity to compete or to prepare to compete with International Paper. c. I agree that for twelve (12) months after the date of termination by either party of the employment for any reason (the “Non-Compete Period”), I shall not, directly or indirectly, commit, participate in or facilitate any of the Competitive Activities for any entity that is competitive with the business group(s) in which I worked and in the geographic area for which I was responsible. d. It shall not be a violation of this provision for me to accept employment with a non-competitive division or business unit of a multi-divisional company when some of its divisions or business units are competitors of International Paper, so long as I do not engage in, oversee, provide input or information regarding, or participate in any manner in the activities described in Paragraph 2(a) as they relate to the division or business unit which is a competitor of International Paper. d. e. I shall not assist others in engaging in activities that I am not permitted to undertake.

Appears in 1 contract

Samples: Non Competition Agreement (International Paper Co /New/)

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Non-Compete Provisions. a. For (a) I acknowledge and agree that the purpose business of this Non-Competition AgreementInternational Paper and its customers is worldwide in scope, Competitive Activities are: i. producingthat International Paper's competitors and customers are located throughout the world, developing, selling or marketing, or assisting others to produce, develop, sell or market; ii. engaging in any sales, marketing, that International Paper's strategic planning and research and development activities have application throughout the world and are for the benefit of customers and International Paper's business throughout the world, that use or managerial duties (including, without limitation, financial, human resources, strategic planning, disclosure of Protected Information or operational duties), whether as an employee, consultant, or otherwise, for any entity which produces, develops, sells or markets; iii. owning, managing, operating, controlling or consulting for any entity which produces, develops, sells or markets; or iv. soliciting prohibited competition anywhere in the business of any person, company, firm, or corporation who is or was a customer of International Paper or active prospective customers of International Paper within twelve (12) months prior to the termination of my employment; for any product, process, or service that is competitive with those products, processes, or services of world will irreparably injure International Paper, whether existing or contemplated and that the prohibitions on competition described below are for the future, concerning which I have those reasons worldwide in any manner acquired knowledge, trade secrets or confidential information during the twenty-four (24) months preceding termination of my employmentscope. b. (b) While an employee or consultant of International Paper, I agree not to engage in any Competitive Activities compete or prepare to engage in any Competitive Activities compete in any manner, either directly or indirectly, whether for compensation or otherwise, with International Paper, or to assist any other person or entity to compete or to prepare to compete with International Paper. c. (c) After the termination of my employment for any reason, I agree that for twelve (12) months after the date a period of termination by either party of the employment for any reason one year (the “Non"non-Compete Period”)compete period") following such termination I will not compete with International Paper: (i) by producing, I shall notdeveloping, directly selling or indirectlymarketing, commitor assisting others to produce, participate develop, sell or market, (ii) by engaging in any sales, marketing, research and development or facilitate managerial duties (including, without limitation, financial, human resources, strategic planning, or operational duties) for, whether as an employee, consultant, or otherwise, any of the Competitive Activities entity which produces, develops, sells or markets, (iii) by owning, managing, operating, controlling or consulting for any entity that which produces, develops, sells or markets, (iv) by soliciting the business of any actual or active prospective customers of International Paper for any product, process, or service which is competitive with those products, processes, or services of International Paper. d. , whether existing or contemplated for the future, on which I have worked, or concerning which I have in any manner acquired knowledge or Protected Information about, during the twenty four (24) months preceding termination of my employment. It shall not be a violation of this provision for me to accept employment with a non-competitive division or business unit of a multi-divisional company some of whose divisions or business units are competitors of International Paper, so long as I do not engage in, oversee, provide input or information regarding, or participate in any manner in the activities described in this paragraph as they relate to the division or business unit which is a competitor of International Paper. I shall not assist others in engaging in activities that which I am not permitted to undertaketake. (d) I agree that in the event that I am unable, despite diligent search, to obtain employment during the non-compete period consistent with my experience and education solely by reason of Section 3 of this Agreement, I shall so notify International Paper in writing, describing in detail the efforts I have made to secure employment that does not conflict with my non-compete obligations. Upon receipt and reasonable verification of the information contained in such notice, International Paper shall make monthly payments to me equal to the monthly base pay I was receiving from International Paper in the month prior to the termination of my employment with International Paper for each month (or pro rata for periods less than a month) of such unemployment during the non-compete period. Before the close of each month for which I seek such payment, I shall advise the Company in writing of my efforts to obtain non-competitive employment and shall certify that although I diligently sought employment, I was unable to obtain it solely by reason of Section 3 of this Agreement.

Appears in 1 contract

Samples: Confidentiality and Non Competition Agreement (International Paper Co /New/)

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