Common use of Non-Competition Covenants Clause in Contracts

Non-Competition Covenants. The Executive agrees that he will not, during the Non-Competition Period, compete directly or indirectly with the business of the Company. The phrase "compete directly or indirectly with the business of the Company" shall mean (1) engaging or having a material interest, directly or indirectly, as owner, employee, officer, director, partner, sales representative, stockholder, capital investor, lessor, renderer of consultation services or advice, either alone or in association with others, in the operation of any aspect of a business or enterprise which is competitive with the business in which the Company is engaged during the Employment Period; (2) soliciting any employee of the Company to leave the employ of the Company; (3) soliciting any of the employees of the Company to become employees of any other person or entity; or (4) soliciting any customer of the Company with respect to the business of the Company.

Appears in 4 contracts

Samples: Employment Agreement (Intelligent Controls Inc), Employment Agreement (Intelligent Controls Inc), Employment Agreement (Intelligent Controls Inc)

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