Common use of Non-Competition Obligation Clause in Contracts

Non-Competition Obligation. Executive, while employed by the Company or any of its Affiliates and thereafter during the Restricted Period will not, for himself or on behalf of any other person, partnership, company or corporation, directly or indirectly, acquire any financial or beneficial interest in (except as provided in the next sentence), be employed by, or own, manage, operate or control, or become a director, officer, partner, employee, agent or consultant of, any entity which is engaged in, or otherwise engage in, a Competing Business. Notwithstanding the preceding sentence, Executive will not be prohibited from owning less than two percent (2%) of any publicly traded corporation, whether or not such corporation is in a Competing Business.

Non-Competition Obligation. Executive, Executive while employed by the Company or any of its Affiliates affiliates and thereafter during until the end of the Restricted Period will not, for himself or on behalf of any other person, partnership, company or corporation, directly or indirectly, acquire any financial or beneficial interest in (except as provided in the next sentence), be employed by, or own, manage, operate or control, or become a director, officer, partner, employee, agent or consultant of, any entity which is primarily engaged in, or otherwise engage in, in a Competing Business. Notwithstanding the preceding sentence, Executive will not be prohibited from owning less than two percent five (25%) percent of any publicly traded corporation, whether or not such corporation is in a Competing Business.

Non-Competition Obligation. Executive, while employed by the Company or any of its Affiliates affiliates and thereafter during until the end of the Restricted Period will not, for himself herself or on behalf of any other person, partnership, company or corporation, directly or indirectly, acquire any financial or beneficial interest in (except as provided in the next sentence), be employed by, or own, manage, operate or control, or become a director, officer, partner, employee, agent or consultant of, any entity which is primarily engaged in, or otherwise engage in, in a Competing Business. Notwithstanding the preceding sentence, Executive will not be prohibited from owning less than two percent five (25%) percent of any publicly traded corporation, whether or not such corporation is in a Competing Business.

Non-Competition Obligation. Executive, while employed by the Company or any of its Affiliates and thereafter during the Restricted Period will not, for himself herself or on behalf of any other person, partnership, company or corporation, directly or indirectly, acquire any financial or beneficial interest in (except as provided in the next sentence), be employed by, or own, manage, operate or control, or become a director, officer, partner, employee, agent or consultant of, any entity which is engaged in, or otherwise engage in, a Competing Business. Notwithstanding the preceding sentence, Executive will not be prohibited from owning less than two percent (2%) of any publicly traded corporation, whether or not such corporation is in a Competing Business.

Non-Competition Obligation. Executive, while employed by the Company or any of its Affiliates affiliates and thereafter during until the end of the Restricted Period will not, for himself or on behalf of any other person, partnership, company or corporation, directly or indirectly, acquire any financial or beneficial interest in (except as provided in the next sentence), be employed by, or own, manage, operate or control, or become a director, officer, partner, employee, agent or consultant of, any entity which is primarily engaged in, or otherwise engage in, in a Competing Business. Notwithstanding the preceding sentence, Executive will not be prohibited from owning less than two percent five (25%) percent of any publicly traded corporation, whether or not such corporation is in a Competing Business.