Non-Competition of Seller Sample Clauses

Non-Competition of Seller. SELLER hereby acknowledges and agrees that neither SELLER nor its employees, directors, officers, shareholders, affiliates, representatives, assigns and agents will participate in the bidding or in any subsequent negotiations by making bids or offers on its Properties posted for sale on the Website.
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Non-Competition of Seller. (a) Except as set forth on Schedule 8.1, neither Seller nor Seller's Parent or any subsidiary or Affiliate of Seller's Parent, except for Robert Rubin and C. Dean McLain, in which Seller's Parent xxxx xx has the xxxxx, xxxxctly or indirectly, to vote 50.1% or more of the voting stock of such entity (collectively the "Western Group") shall, without the written consent of Buyer, for a period of five years from the Closing Date, operate, directly a construction equipment sales, leasing or maintenance business in the States of California or Nevada.
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Non-Competition of Seller. Buyer hereby agrees that a subsidiary of Buyer they shall enter into an Employment Agreement with Seller, dated the Closing Date, which employment agreement shall provide for, among other things, a two-year non-competition provision for which Seller shall be compensated in an amount equal to the difference between (i) $750,000 and (ii) the sum of the amounts withdrawn by Seller from the Company pursuant to Sections 2.2(a) and 2.2(b) hereof, which sum shall be payable by Buyer to Seller in two equal annual installments on each of November 1, 1997 and November 1, 1998.
Sample 1
Non-Competition of Seller. (a) Except as set forth on Schedule 8.1, neither Seller nor any subsidiary or affiliate of Seller, except for Robert Rubin and C. Dean McLain, in which Sellxx xxxx xx xxx the rxxxx, xxxxxtly or indirectly, to vote 50.1% or more of the voting stock of such entity (collectively the "Western Group") shall, without the written consent of Buyer, for a period of five years from the Closing Date, operate, directly a construction equipment sales, leasing or maintenance business in the States of California, Nevada, Oregon, Washington, Alaska or Idaho.
Sample 1
Non-Competition of Seller. 5.1. For a period of one year following the date hereof, the Seller shall not, without the written consent or the Purchaser, directly or indirectly, as principal, investor, or in any similar capacity, disrupt or attempt to disrupt any present or prospective relationship, contractual or otherwise, between the Purchaser and any of its licensors, licensees, clients, customers, suppliers, employees or other related parties. Asset Purchase and Sale Agreement ARTICLE VI
Sample 1
Non-Competition of Seller. From and after the Closing Date and for a period of three years thereafter, the Seller agrees that it will not, directly or indirectly, own or operate any bank or other financial services business with an office or branch within the Territory. The Seller agrees that it will not, directly or indirectly, (i) during the term hereof and for a period of four years commencing on the Closing Date induce or attempt to influence any officer or other employee of the Bank to terminate his employment with the Bank; or during the term hereof and for a period of three years following the Closing Date either (ii) canvass or solicit any financial services (including loans or deposits) business from any Bank Customer (as defined below), or (iii) request, induce or advise any such Bank Customer to withdraw, curtail or cancel their financial services business with the Bank. This Section shall not prohibit (i) general advertising or solicitation that does not mention the Bank by name, or (ii) a Bank Customer from moving his accounts and loans from the Bank to or an employee of the Bank from obtaining employment with an Affiliate of the Seller without specific solicitation from the Seller or its Affiliates. For purposes of this Agreement, "Bank Customer" shall mean, to the extent known by or disclosed to Seller and its Affiliates, any customer of the Bank who has a loan or deposit relationship of at least $100,000 with the Bank. For purposes hereof, actions will be considered undertaken by the Seller indirectly if it is undertaken by an Affiliate of the Seller.
Sample 1

Related to Non-Competition of Seller

  • Non-Competition a. Executive acknowledges and recognizes the highly competitive nature of the businesses of the Company and its affiliates and accordingly agrees as follows:

  • Non-Competition and Non-Solicitation Agreements The Selling Member shall have entered into a Non-Competition and Non-Solicitation Agreement with the Buyer in substantially the form attached hereto as Exhibit F.

  • Non-Competition and Non-Solicitation Agreement Without the prior written consent of the Company, Employee shall not, during the term of this Agreement, or for a two (2) year period of time following the date of termination of this Agreement or the termination of Employee's employment with the Company:

  • Non-Competition and Non-Solicitation Covenants During his employment with the Company and for a period of one (1) year thereafter (“Restricted Period”), whatever the reason for Executive’s termination of employment, unless Executive receives the Company’s advance written waiver, Executive shall not, either directly or indirectly, either on his own behalf or on behalf of another business, engage in or assist others in the following activities:

  • Non-Competition Provisions Employee agrees that he will not, during the Restricted Period, compete directly or indirectly with the business of the Company. The phrase "compete directly or indirectly with the business of the Company" shall be deemed to include, without limiting the generality thereof, (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 advise, either alone or in association with another or others, in the operation of any aspect of any type of business or enterprise competitive with the business or operation of the Company- (2) soliciting any of the employees of the Company to leave the employ of the Company, or so soliciting any employee of any Subsidiary or Affiliate of the Company; (3) soliciting any of the employees of the Company to become employees of any other Person, or so soliciting any employee of any Subsidiary or Affiliate of the Company, or (4) soliciting any customer or supplier of the Company or any Affiliate or Subsidiary of either of them, with respect to their business. Similarly, Employee shall not raid, entice or induce any Person who on the Termination Date is, or within one (1) year immediately preceding the Termination Date was, a customer or supplier of the Company, or any of its Subsidiaries or Affiliates, to become a customer of any other Person for products or services the same as, or similar to, those products and services as from time to time shall be provided by the Company, or any of its Subsidiaries and Affiliates, and Employee shall not approach any Person for such purpose; nor shall Employee raid, entice or induce any Person who on the Termination Date is, or within one year immediately preceding the Termination Date was, an employee of the Coi-npany or any of its Subsidiaries or Affiliates, to become employed by any other Person; similarly, Employee shall not approach any such employee for such purpose or authorize or knowingly approve the taking of such actions by any other Person or assist any such other Person in taking any such action. The phrase "compete directly or indirectly with the business of the Company" shall not be deemed to include all ownership interest as an inactive investor, which, for purposes of this Agreement, shall mean only the beneficial ownership of less than five (5%) percent of the outstanding shares of any series or class of securities of any competitor of the Company, which securities of such series or class are publicly traded in the securities market.

  • Non-Competition Agreements Except as described in the Statutory Prospectus and the Prospectus, to the Company’s knowledge, none of the Sponsor, directors or executive officers of the Company is subject to a non-competition agreement or non-solicitation agreement with any employer or prior employer which could materially affect his, her or its ability to be and act in the capacity of shareholder, executive officer or director of the Company, as applicable.

  • Noncompetition and Nonsolicitation Covenants In consideration for -------------------------------------------- the Company's entering into this Agreement and for the payment of any benefits hereunder, Officer hereby agrees that he or she will not, during the term of his or her employment pursuant to this Agreement and the Applicable Severance Period, if any, do any of the following without the prior written consent of the Chief Executive Officer:

  • Non-Competition Agreement (a) Subject to Sections 5(d) and (f) and Section 12, Employee will not, during the period of his employment by or with the Company, and for a period of two (2) years immediately following the termination of his employment with the Company, for any reason whatsoever, directly or indirectly, for himself or on behalf of or in conjunction with any other person, company, partnership, corporation, business or entity of whatever nature:

  • Noncompetition Agreements Purchaser shall have executed and delivered to each Seller a Noncompetition Agreement substantially in the form attached hereto as Schedule 6.5(a).

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