Common use of Non-Competition of Certain Key Employees Clause in Contracts

Non-Competition of Certain Key Employees. Unless otherwise ---------------------------------------- determined in a particular case by the Board, the Company will use its best efforts to cause each present and future officer or management, technical, sales, marketing, or professional employee of the Company or any subsidiary of the Company, including without limitation the Company's chairman of the board, chief executive officer, president, chief operating officer, chief financial officer, treasurer, vice president of sales and marketing, vice president (or similar position) of research and development, and regional sales managers, (referred to herein as "Key Employees") to enter into an agreement with the Company containing covenants substantially similar to those contained in Exhibit D2, subject to any modifications deemed ---------- appropriate by the Company's counsel to comply with local law.

Appears in 1 contract

Samples: Management Rights Agreement (SQL Financials International Inc /De)

AutoNDA by SimpleDocs

Non-Competition of Certain Key Employees. Unless otherwise ---------------------------------------- determined in a particular case by the Board, the Company will use its best efforts to cause each present and future officer or management, technical, sales, marketing, or professional employee of the Company or any subsidiary of the Company, including without limitation the Company's chairman of the board, chief executive officer, president, chief operating officer, chief financial officer, treasurer, vice president of sales and marketing, vice president (or similar position) of research and development, and regional sales managers, (referred to herein as "Key Employees") to enter into an agreement with the Company containing covenants substantially similar to those contained in Exhibit D2D1, subject to any modifications deemed ---------- appropriate by the Company's ---------- counsel to comply with local law.

Appears in 1 contract

Samples: Stock Purchase Agreement (SQL Financials International Inc /De)

Non-Competition of Certain Key Employees. Unless otherwise ---------------------------------------- determined in a particular case by the Board, the Company will use its best efforts to cause each present and future officer or management, technical, sales, marketing, or professional key employee of the Company or any subsidiary of the Company, including without limitation the Company's chairman of the board, chief executive officer, president, chief operating officer, chief financial officer, treasurer, vice president of sales and marketing, vice president (or similar position) of research and development, and regional sales managers, (referred to herein as "Key Employees") to enter into an agreement with the Company containing covenants substantially similar to those contained in Exhibit D2D, subject to any modifications deemed ---------- appropriate by the Company's counsel to comply with local law.

Appears in 1 contract

Samples: Debenture Purchase & Security Agreement (Fastcomm Communications Corp)

AutoNDA by SimpleDocs

Non-Competition of Certain Key Employees. Unless otherwise ---------------------------------------- determined in a particular case by the Board, the Company will use its best efforts to cause each present and future officer or management, technical, sales, marketing, or professional key employee of the Company or any subsidiary of the Company, including without limitation the Company's chairman of the board, chief executive officer, president, chief operating officer, chief financial officer, treasurer, vice president of sales and marketing, vice president (or similar position) of research and development, and regional sales managers, (referred to herein as "Key EmployeesKEY EMPLOYEES") to enter into an agreement with the Company containing covenants substantially similar to those contained in Exhibit D2EXHIBIT D, subject to any modifications deemed ---------- appropriate by the Company's counsel to comply with local law.

Appears in 1 contract

Samples: Debenture Purchase & Security Agreement (Wesley Clover Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.