Common use of NON-COMPETITION CLAUSE Clause in Contracts

NON-COMPETITION CLAUSE. In addition to his obligations as an ---------------------- executive and whether or not he remains an executive of the Company, the Executive agrees that during the period commencing with the Commencement Date and ending upon termination of employment with the Company, however caused, he will not, without the prior written consent of the Company, engage, directly or indirectly, in any business that competes with the Company for customers of the Company. In the event of a breach by the Executive of this Section 3.1, in addition to other remedies provided by applicable law, the Company will be entitled to issuance of a temporary restraining order or preliminary injunction enforcing its rights under this Section 3.1.

Appears in 3 contracts

Samples: Employment Agreement (Vallicorp Holdings Inc), Employment Agreement (Vallicorp Holdings Inc), Employment Agreement (Vallicorp Holdings Inc)

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NON-COMPETITION CLAUSE. In addition to his obligations as an ---------------------- executive and whether or not he remains an executive of the Company, the Executive agrees that during the period commencing with the Commencement Date and ending upon termination of employment with the Company, however caused, he will not, without the prior written consent of the Company, engage, directly or indirectly, in any business that competes with the Company for customers of the Company. In the event of a breach by the Executive of this Section 3.1, in addition to other remedies provided by applicable law, the Company will be entitled -167- to issuance of a temporary restraining order or preliminary injunction enforcing its rights under this Section 3.1.

Appears in 1 contract

Samples: Employment Agreement (Vallicorp Holdings Inc)

NON-COMPETITION CLAUSE. In addition to his obligations as an ---------------------- executive and whether or not he remains an executive of the Company, the Executive agrees that during the period commencing with the Commencement Date and ending upon termination of employment with the Company, however caused, he will not, without the prior written consent of the Company, engage, directly or indirectly, in any business that competes with the Company for customers of the Company. In the event of a breach by the Executive of this Section 3.1, in addition to other remedies provided by applicable law, the Company will be entitled -62- to issuance of a temporary restraining order or preliminary injunction enforcing its rights under this Section 3.1.

Appears in 1 contract

Samples: Employment Agreement (Vallicorp Holdings Inc)

NON-COMPETITION CLAUSE. In addition to his her obligations as an ---------------------- executive and whether or not he she remains an executive of the Company, the Executive agrees that during the period commencing with the Commencement Date and ending upon termination of employment with the Company, however caused, he she will not, without the prior written consent of the Company, engage, directly or indirectly, in any business that competes with the Company for customers of the Company. In the event of a breach by the Executive of this Section 3.1, in addition to other remedies provided by applicable law, the Company will be entitled to issuance of a temporary restraining order or preliminary injunction enforcing its rights under this Section 3.1.

Appears in 1 contract

Samples: Employment Agreement (Vallicorp Holdings Inc)

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NON-COMPETITION CLAUSE. In addition to his her obligations as an ---------------------- executive and whether or not he she remains an executive of the Company, the Executive agrees that during the period commencing with the Commencement Date and ending upon termination of employment with the Company, however caused, he she will not, without the prior written consent of the Company, engage, directly or indirectly, in any business that competes with the Company for customers of the Company. In the event of a breach by the Executive of this Section 3.1, in addition to other remedies provided by applicable law, the Company will be entitled to issuance of a temporary restraining order or preliminary injunction enforcing its rights under this Section 3.1.this

Appears in 1 contract

Samples: Employment Agreement (Vallicorp Holdings Inc)

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