Common use of Non-Competition Provisions Clause in Contracts

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.

Appears in 8 contracts

Samples: Employment Agreement (Aviation Industries Corp), Employment Agreement (Americabilia Com Inc), Employment Agreement (Aviation Industries Corp)

AutoNDA by SimpleDocs

Non-Competition Provisions. Employee agrees that he will not, during the Restricted Period, compete directly or indirectly with the business of the CompanyBusiness. The phrase "compete directly or indirectly with the business of the CompanyBusiness" 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 othersother, in the operation of any aspect of any type of business or enterprise competitive with the business or operation of the Company- Business; (2) soliciting any of the employees of the Company or any Affiliate to leave the employ of the Company, Company or so soliciting any employee of any Subsidiary or Affiliate of the CompanyAffiliate; (3) soliciting any of the employees of the Company or any Affiliate 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 businessthe Business. Similarly, Employee shall not raid, entice or induce any Person who on the Date of Termination Date is, or within one (1) year immediately preceding the Date of Termination Date was, a customer or supplier of the Company, Company or any of its Subsidiaries or AffiliatesAffiliate, 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, Company or any of its Subsidiaries and AffiliatesAffiliate, and Employee shall not approach any Person for such purpose; nor shall Employee raid, entice or induce any Person who on the Date of Termination Date is, or within one year immediately preceding the Date of Termination Date was, an employee of the Coi-npany Company or any of its Subsidiaries or AffiliatesAffiliate, 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 CompanyBusiness" shall not be deemed to include all an 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 CompanyCompany or any Affiliate, which securities of such series or class are publicly traded in the securities market.

Appears in 3 contracts

Samples: Employment Agreement (Cunningham Graphics International Inc), Employment Agreement (Cunningham Graphics International Inc), Employment Agreement (Cunningham Graphics International Inc)

Non-Competition Provisions. Employee agrees that he will not, during the Restricted Period, compete directly or indirectly with the business of the CompanyBusiness. The phrase "compete directly or indirectly with the business of the CompanyBusiness" 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 othersother, in the operation of any aspect of any type of business or enterprise competitive with the business or operation of the Company- Business; (2) soliciting any of the employees of the Company or any Affiliate to leave the employ of the Company, Company or so soliciting any employee of any Subsidiary or Affiliate of the CompanyAffiliate; (3) soliciting any of the employees of the Company or any Affiliate 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 businessthe Business. Similarly, Employee shall not raid, entice or induce any Person who on the Date of Termination Date is, or within one (1) year immediately preceding the Date of Termination Date was, a customer or supplier of the Company, Company or any of its Subsidiaries or AffiliatesAffiliate, 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, Company or any of its Subsidiaries and AffiliatesAffiliate, and Employee shall not approach any Person for such purpose; nor shall Employee raid, entice or induce any Person who on the Date of Termination Date is, or within one year immediately preceding the Date of Termination Date was, an employee of the Coi-npany Company or any of its Subsidiaries or AffiliatesAffiliate, 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 CompanyBusiness" shall not be deemed to include all an 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 CompanyCompany or any Affiliate, which securities of such series or class are publicly traded in the securities market.

Appears in 3 contracts

Samples: Employment Agreement (Cunningham Graphics International Inc), Employment Agreement (Cunningham Graphics International Inc), Employment Agreement (Cunningham Graphics International Inc)

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 limitingting the generality thereof, 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 opmfion of any aspect of any type of business or enterprise competitive with the business or operation of the Company- 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, 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; 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 Company 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 an 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.

Appears in 2 contracts

Samples: Employment Agreement (Aviation Industries Corp), Employment Agreement (Aviation Industries Corp)

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 Company 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.

Appears in 1 contract

Samples: Employment Agreement (Convenientcast Inc.)

AutoNDA by SimpleDocs

Non-Competition Provisions. Employee agrees that he will not, during the Restricted Period, compete directly or indirectly with the business of the CompanyBusiness. The phrase "compete directly or indirectly with the business of the Company" Business 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 othersother, in the operation of any aspect of any type of business or enterprise competitive with the business or operation of the Company- Business; (2) soliciting any of the employees of the Company or any Affiliate to leave the employ of the Company, Company or so soliciting any employee of any Subsidiary or Affiliate of the CompanyAffiliate; (3) soliciting any of the employees of the Company or any Affiliate 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 businessthe Business. Similarly, Employee shall not raid, entice or induce any Person who on the Date of Termination Date is, or within one (1) year immediately preceding the Date of Termination Date was, a customer or supplier of the Company, Company or any of its Subsidiaries or AffiliatesAffiliate, 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, Company or any of its Subsidiaries and AffiliatesAffiliate, and Employee shall not approach any Person for such purpose; nor shall Employee raid, entice or induce any Person who on the Date of Termination Date is, or within one year immediately preceding the Date of Termination Date was, an employee of the Coi-npany Company or any of its Subsidiaries or AffiliatesAffiliate, 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 CompanyBusiness" shall not be deemed to include all an 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 CGII, the CompanyCompany or any Subsidiary, which securities of such series or class are publicly traded in the securities market.

Appears in 1 contract

Samples: Employment Agreement (Cunningham Graphics International Inc)

Non-Competition Provisions. Employee agrees that he will not, during the Restricted Period, compete directly or indirectly with the business of the CompanyBusiness. The phrase "compete directly or indirectly with the business of the CompanyBusiness" 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 othersother, in the operation of any aspect of any type of business or enterprise competitive with the business or operation of the Company- Business; (2) soliciting any of the employees of the Company or any Affiliate to leave the employ of the Company, Company or so soliciting any employee of any Subsidiary or Affiliate of the CompanyAffiliate; (3) soliciting any of the employees of the Company or any Affiliate 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 businessthe Business. Similarly, Employee shall not raid, entice or induce any Person who on the Date of Termination Date is, or within one (1) year immediately preceding the Date of Termination Date was, a customer or supplier of the Company, Company or any of its Subsidiaries or AffiliatesAffiliate, 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, Company or any of its Subsidiaries and AffiliatesAffiliate, and Employee shall not approach any Person for such purpose; nor shall Employee raid, entice or induce any Person who on the Date of Termination Date is, or within one year immediately preceding the Date of Termination Date was, an employee of the Coi-npany Company or any of its Subsidiaries or AffiliatesAffiliate, 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 CompanyBusiness" shall not be deemed to include all an 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 CompanyCompany or any Affiliate, which securities of such series or class are publicly traded in the securities market. Employee may request a waiver from the Company of a term of this Section 10. The Company agrees to consider any such request in good faith, but it is expressly acknowledged by Employee that the Company shall have no obligation to grant any waiver.

Appears in 1 contract

Samples: Employment Agreement (Cunningham Graphics International Inc)

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