Non-Competition Following Termination of Employment Sample Clauses

Non-Competition Following Termination of Employment. In the event of termination of the Executive’s employment for any reason, the Executive agrees that he will not, directly or indirectly, for a period of 12 months from the date of termination of employment, without the prior written consent of the Corporation (not to be unreasonably withheld) either alone or in partnership or in conjunction with any person or persons, firm, association, syndicate, company or corporation (collectively a “Business Entity”) as principal, agent, shareholder, employee, director or in any other manner whatsoever carry on or be engaged in or concerned with or interested in, or advise, lend money to, guarantee the debts or obligations of or permit his name or any part thereof to be used or employed by any Business Entity engaged or interested in the transportation, distribution or marketing of crude oil, natural gas or natural gas liquids, the gathering or processing of natural gas including the extraction of natural gas liquids, power generation, transmission, distribution or marketing, the production, transmission, distribution or marketing of renewable or green energy including wind, solar or thermal:
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Non-Competition Following Termination of Employment. Subject to and except as set forth in Section 4(d), for purposes of this Section 4, the restricted period shall be, the period of Employment plus the period commencing with the date of termination of Employment and ending on (i) in the case of a termination of Employee's Employment by the Company for Cause or a termination of the Employee's Employment for any reason by Employee (other than Disability), a period of six months following such termination, and (ii) in the event of a termination of the Employee's Employment by the Company for any reason other than for Cause, a period of six months following such termination (the "RESTRICTED PERIOD"). During the Restricted Period, Employee shall not, as an employee, agent, consultant, advisor, independent contractor, general partner, officer, director, stockholder, investor, lender or guarantor of any corporation, partnership or other entity (or as a sole proprietorship or by way of another business), or in any other capacity, directly or indirectly:
Non-Competition Following Termination of Employment a. Employee acknowledges that he is granting this covenant in return for the Company's agreement to enter into the Sales Agreement and consummate the transactions contemplated by the Share Exchange Agreement. Employee also acknowledges that the Company makes sales throughout the continental United States. Following the termination of his employment with the Company, the Employee shall not for one year ( as long as the Company continues to engage in the Business on a nationwide basis):
Non-Competition Following Termination of Employment. Commencing on the termination of Employee's employment, for whatever reason and regardless of whether voluntary or involuntary, and during the Non-competition Period (as defined above), Employee will not accept a position or provide services to a competitor in a capacity in which it is reasonably likely that Employee would be called upon to use or disclose the Company's Proprietary Information (as defined above) or trade secrets to the Company's disadvantage. Prior to accepting any position with or providing services to a competitor during the Non-competition Period, Employee shall notify Company of such proposed employment or services and Company agrees to provide Employee with timely notice of whether it considers such employment or services to violate Employee's obligations under this Agreement. Employee specifically acknowledges and agrees that the global restriction in this paragraph is necessary given the portability of Employer’s Proprietary Information and the global reach of Employer’s operations.
Non-Competition Following Termination of Employment. Employee agrees that during the period of two (2) years following Employee’s termination of employment with the Company, for whatever reason and regardless of whether voluntary or involuntary, Employee will not accept a position or provide services to a competitor in a capacity in which it is reasonably likely that Employee would be called upon to use or disclose the Company’s Confidential Information (as defined below) or trade secrets to the Company’s disadvantage. Prior to accepting any position with or providing services to a competitor during the two (2) year period following Employee’s termination with the Company, Employee shall notify the Company of such proposed employment or services and the Company agrees to provide Employee with timely notice of whether it considers such employment or services to violate Employee’s obligations under this Agreement. The term “competitor” means any business or individual which is engaged in the sale of products and/or services of the type sold by the Company within any geographic area in which the Company engaged in the sale of such products or services during the twelve (12) month period preceding termination of Employee’s employment. Employee specifically acknowledges and agrees that the global restriction in this paragraph is necessary given the portability of Employer’s Confidential Information and trade secrets and the global reach of the Company’s operations.
Non-Competition Following Termination of Employment. In the event of termination of the Executive's employment for any reason, the Executive agrees that he will not, directly or indirectly, for a period of 12 months from the date of termination of employment, without the prior written consent of the Corporation (not to be unreasonably withheld) either alone or in partnership or in conjunction with any person or persons, firm, association, syndicate, company or corporation (collectively, a "Business Entity") as principal, agent, shareholder, employee, director or in any other manner whatsoever carry on or be engaged in or concerned with or interested in, or advise, lend money to, guarantee the debts or obligations of or permit his name or any part thereof to be used or employed by any Business Entity engaged or interested in the transportation, distribution or marketing of crude oil, natural gas or natural gas liquids, the gathering or processing of natural gas including the extraction of natural gas liquids, power generation, transmission, distribution or marketing, the production, transmission, distribution or marketing of renewable or green energy including wind, solar or thermal: (i) within any province of Canada; (ii) within Canada; (iii) within any state of the continental United States of America, including Alaska; (iv) within the continental United States of America, including Alaska; or (v) within North America. If any covenant or provision in this Section 3.2 is determined to be void or unenforceable in whole or in part, it shall be deemed not to affect or impair the validity of any other covenant or provision, and each of Sections 3.2(i) to (v) are hereby declared to be separate and distinct covenants (and for this purpose each province or state intended to be named in Sections 3.2(i) and (iii) shall be considered to be set forth in a separate subclause of Section 3.2 and to be a separate and distinct covenant). The Executive agrees that the provisions of this Section 3.2 are reasonable in the interests of the Corporation and its continuing business and operations. The foregoing provisions of Section 3.2 shall not apply to the acquisition by the Executive, directly or indirectly, or through any Business Entity of up to 1% of the shares or other securities of a Business Entity quoted or traded on any public stock exchange in Canada or the United States of America. If the Executive fails to comply with this Section 3.2, the Corporation shall be entitled to cancel all unvested or unexercised options o...

Related to Non-Competition Following Termination of Employment

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

  • Qualifying Termination of Employment A “Qualifying Termination of Employment” shall mean a termination of Executive’s employment during the Protected Period either (a) by the Company other than for Cause or (b) by Executive for a Good Reason. A termination of employment due to the Executive’s death or Disability during the Protected Period shall not constitute a Qualifying Termination of Employment.

  • Termination of Employment Agreement (a) Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoever; provided, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Merger.

  • Term; Termination of Employment The term of this Agreement (the “Term”) begins on the Effective Date and will end, along with Executive’s employment with the Company, on the earliest to occur of the following events.

  • OBLIGATIONS SURVIVE TERMINATION OF EMPLOYMENT Executive agrees that any and all of Executive’s obligations under this Agreement, including but not limited to Exhibits B and C, shall survive the termination of employment and the termination of this Agreement.

  • Termination of Employment Agreements Any and all Employment Agreements entered into between the Company or any of its Subsidiaries and the Executive prior to the date of this Agreement are hereby terminated.

  • Competition After Termination of Employment The Company shall not pay any benefit under this Agreement if the Executive, without the prior written consent of the Company and within 2 years from the Executive’s Termination of Employment, engages in, becomes interested in, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a substantial shareholder in a corporation, or becomes associated with, in the capacity of employee, director, officer, principal, agent, trustee or in any other capacity whatsoever, any enterprise conducted in the trading area (a 50 mile radius) of the business of the Company, which enterprise is, or may deemed to be, competitive with any business carried on by the Company as of the date of termination of the Executive’s employment or retirement. This section shall not apply following a Change in Control.

  • Compensation Following Termination In the event that Executive’s employment hereunder is terminated, Executive shall be entitled only to the following compensation and benefits upon such termination:

  • Termination of Employment Period The employment of the Employee by the Company pursuant to this Agreement shall terminate upon the occurrence of any of the following:

  • TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION (a) The Term of Employment may be terminated by the Company at any time:

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