Non-Competition After Termination. For a period of one (1) year following the date Executive's employment hereunder is terminated, Executive shall not engage in the acquisition, renovation, management or leasing of any office properties in the Los Angeles, Orange and San Diego counties of Southern California. In addition, Executive shall not engage in any active or passive investment in or reasonably relating to the acquisition, renovation, management or leasing of office properties in the Los Angeles, Orange and San Diego counties of Southern California for a period of one (1) year following the date of termination, with the exception of the ownership of up to one percent (1%) of the securities of any publicly-traded companies involved in such activities. Nothing herein shall relieve or limit Executive's obligation to comply with Sections 6 and 7. The restrictions set forth in this Section 8 shall not apply if Executive's employment is terminated pursuant to Section 5.1, 5.4 or 5.6.
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Samples: Employment Agreement (Arden Realty Inc), Employment Agreement (Arden Realty Inc), Employment Agreement (Arden Realty Inc)
Non-Competition After Termination. For a period of one (1) year following the date Executive's employment hereunder is terminated, Executive shall not engage in the acquisition, renovation, management or leasing of any office properties in the Los Angeles, Orange and San Diego counties of Southern California. In addition, Executive shall not engage in any active or passive investment in or reasonably relating to the acquisition, renovation, management or leasing of office properties in the Los Angeles, Orange and San Diego counties of Southern California for a period of one (1) year following the date of termination, with the exception of the ownership of up to one percent (1%) of the securities of any publicly-traded companies involved in such activities. Nothing herein shall relieve or limit Executive's obligation to comply with Sections 6 and 7. The restrictions set forth in this Section 8 shall not apply if Executive's employment is terminated pursuant to Section 5.1, 5.4 or 5.6.set
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