NON-COMPETITION AFTER TERMINATION OF EMPLOYMENT. Employee hereby agrees not to compete directly or indirectly with the business of Employer or any of its affiliates, within Tri-State Region, during the period of employment and for a period of 3 Years following the termination of employment, notwithstanding the cause or reason for termination. As used herein "not to compete" shall mean that Employee shall not own, manage, operate, advise, consult, invest in, be employed in or otherwise assist a business substantially similar to, or competitive with, the present business of Employer or any of its affiliates or such other business activity in which Employer or any of its affiliates may engage during the employment of Employee.
Appears in 5 contracts
Samples: Employment Agreement (Flower Turbines, Inc.), Employment Agreement (Flower Turbines, Inc.), Employment Agreement (Flower Turbines, Inc.)