Non-Competition After Termination. In further consideration of the Company providing Employee confidential information, executive agrees that Executive shall not, at any time during the period of one (1) year after termination within the geographic area as defined by this Section 5 that the Company has sold products or services or formulated a plan to sell products or services into a market during the last twelve (12) months of Executive’s employ, engage in or contribute Executive’s knowledge to any work which is competitive with or similar to a product, process, apparatus, services, or development on which Executive worked or with respect to which Executive had access to Confidential Information while employed by the Company. It is understood that the geographical area set forth in this covenant is divisible so that if this clause is invalid or unenforceable in an included geographic area, that area is severable and the clause remains in effect for the remaining included geographic areas in which the clause is valid. For purposes of this Section 5.3, the geographic area shall apply to the territory or country where the Company conducts operations.
Appears in 6 contracts
Samples: Employment Agreement (Vantage Drilling CO), Employment Agreement (Vantage Drilling CO), Employment Agreement (Vantage Drilling CO)
Non-Competition After Termination. In further consideration of the Company providing Employee confidential information, executive agrees that Executive shall not, at any time during the period of one (1) year after termination within the geographic area as defined by this Section 5 that the Company has sold products or services or formulated a plan to sell products or services into a market during the last twelve (12) months of Executive’s employ, engage in or contribute Executive’s knowledge to any work which is competitive with or similar to a product, process, apparatus, services, or development on which Executive worked or with respect to which Executive had access to Confidential Information while employed by the Company. It is understood that the geographical area set forth in this covenant is divisible so that if this clause is invalid or unenforceable in an included geographic area, that area is severable and the clause remains in effect for the remaining included geographic areas in which the clause is valid. For purposes of this Section 5.35.4, the geographic area shall apply to the territory or country where the Company conducts operations.
Appears in 2 contracts
Samples: Employment Agreement (Vantage Energy Services, Inc.), Employment Agreement (Vantage Drilling CO)