Common use of Non-Solicitation of Employees; Confidentiality; Non-Competition Clause in Contracts

Non-Solicitation of Employees; Confidentiality; Non-Competition. (a) Executive covenants and agrees that, at no time during the Employment Period nor during the Restricted Period, will Executive: (i) Directly or indirectly employ or seek to employ any person (other than his personal assistant) employed as of the date of Executive's Termination of Employment or who left the employment of the Company or its Affiliates coincident with, or within six months prior to or after, the Executive's Termination of Employment with the Company or otherwise encourage or entice any such person to leave such employment (provided that this Section 8.1(a)(i) shall not apply either to persons who had not become employed by the Company before the Date of Termination or to persons whose employment ended at any time as a result of the Company's termination of those individuals without cause); (ii) Become employed by, enter into a consulting arrangement with or otherwise agree to perform personal services for a Competitor (as defined in section 8.1 (b)). (iii) Acquire an ownership interest, or an option to purchase an ownership interest in a Competitor, other than a publicly traded Competitor provided that ownership or option position in such publicly traded Competitor does not exceed 5 percent; (iv) Solicit any business of the Company on behalf of or for the benefit of a Competitor; or (v) Interfere with, or attempt to interfere with, business relationships (whether formed before, on or after the date of this Agreement) between the Company or any of its affiliates and customers, clients, suppliers of the Company or its Affiliates. (b) For purposes of the Section, "Competitor" means any Person that produces blowmolded plastic containers or produces or provides any other product or service of the Company that represents, as of the Date of Termination, at least 10% of the consolidated revenues of the Company (including, without limitation, products or services that Executive is aware, as of the Date of Termination, that the Company had specific plans (as evidenced through the most recent annual corporate business plan or by resolutions of the Board) to produce or provide during the twelve month period following the Date of Termination and such products or services are reasonably anticipated to represent at least 10% of the consolidated revenues of the Company within the two years following the Date of Termination) that are competitive with those sold by a business that is being conducted by the Company or any Subsidiary at the time in question and was being conducted at the Date of Termination. Notwithstanding anything to the contrary in this Section, goods or services shall not be deemed to be competitive with those of the Company solely as a result of Executive's being employed by or otherwise associated with a business of which a unit is in competition with the Company or any Subsidiary (a "Competitive Unit") but as to which unit Executive does not have direct or indirect responsibilities for the products or services involved; provided, that such Competitive Unit contributes less than 25% of the consolidated revenues for the most recently completed fiscal year of such business.

Appears in 5 contracts

Samples: Employment Agreement (Graham Packaging Co), Employment Agreement (Graham Packaging Co), Employment Agreement (Graham Packaging Co)

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Non-Solicitation of Employees; Confidentiality; Non-Competition. (a) Executive covenants and agrees that, at no time during the Employment Period nor during the Restricted Period, will Executive: (i) Directly or indirectly employ or seek to employ any person (other than his personal assistant) employed as of the date of Executive's ’s Termination of Employment or who left the employment of the Company or its Affiliates coincident with, or within six months prior to or after, the Executive's ’s Termination of Employment with the Company or otherwise encourage or entice any such person to leave such employment (provided that this Section 8.1(a)(i) shall not apply either to persons who had not become employed by the Company before the Date of Termination or to persons whose employment ended at any time as a result of the Company's ’s termination of those individuals without cause); (ii) Become employed by, enter into a consulting arrangement with or otherwise agree to perform personal services for a Competitor (as defined in section 8.1 (b)). (iii) Acquire an ownership interest, or an option to purchase an ownership interest in a Competitor, other than a publicly traded Competitor provided that ownership or option position in such publicly traded Competitor does not exceed 5 percent; (iv) Solicit any business of the Company on behalf of or for the benefit of a Competitor; or (v) Interfere with, or attempt to interfere with, business relationships (whether formed before, on or after the date of this Agreement) between the Company or any of its affiliates and customers, clients, suppliers of the Company or its Affiliates. (b) For purposes of the Section, "Competitor" means any Person that produces blowmolded plastic containers or produces or provides any other product or service of the Company that represents, as of the Date of Termination, at least 10% of the consolidated revenues of the Company (including, without limitation, products or services that Executive is aware, as of the Date of Termination, that the Company had specific plans (as evidenced through the most recent annual corporate business plan or by resolutions of the Board) to produce or provide during the twelve month period following the Date of Termination and such products or services are reasonably anticipated to represent at least 10% of the consolidated revenues of the Company within the two years following the Date of Termination) that are competitive with those sold by a business that is being conducted by the Company or any Subsidiary at the time in question and was being conducted at the Date of Termination. Notwithstanding anything to the contrary in this Section, goods or services shall not be deemed to be competitive with those of the Company solely as a result of Executive's ’s being employed by or otherwise associated with a business of which a unit is in competition with the Company or any Subsidiary (a "Competitive Unit") but as to which unit Executive does not have direct or indirect responsibilities for the products or services involved; provided, that such Competitive Unit contributes less than 25% of the consolidated revenues for the most recently completed fiscal year of such business.

Appears in 4 contracts

Samples: Employment Agreement (Graham Packaging Co Inc.), Employment Agreement (Graham Packaging Holdings Co), Employment Agreement (Graham Packaging Holdings Co)

Non-Solicitation of Employees; Confidentiality; Non-Competition. (a) Executive covenants and agrees that, at no time during the Employment Period nor during the Restricted Periodone-year period immediately following a Termination of Employment by the Company for Cause or by Executive for other than Good Reason, will Executive: (i) Directly directly or indirectly employ or seek to employ any person (other than his personal assistant) employed as of the date of Executive's Termination of Employment or who left the employment of at that time by the Company or any of its Affiliates coincident with, or within six months prior to or after, the Executive's Termination of Employment with the Company Subsidiaries or otherwise encourage or entice any such person to leave such employment (provided that this Section 8.1(a)(i) shall not apply either to persons who had not become employed by the Company before the Date of Termination or to persons whose employment ended at any time as a result of the Company's termination of those individuals without cause)employment; (ii) Become become employed by, enter into a consulting arrangement with with, or otherwise agree to perform personal services for a Competitor (as defined in section 8.1 (bSection 8.1(b)).; (iii) Acquire an ownership interest, or an option to purchase acquire an ownership interest in a Competitor, other than a publicly traded Competitor provided that ownership or option position in such publicly traded Competitor does not exceed 5 percent;; or (iv) Solicit any business solicit vendors of the Company on behalf of or for the benefit of a Competitor; or (v) Interfere with, or attempt to interfere with, business relationships (whether formed before, on or after the date of this Agreement) between the Company or any of its affiliates and customers, clients, suppliers of the Company or its Affiliates. (b) Executive covenants and agrees that, at no time during the Employment Period nor during the two-year period immediately following a Termination of Employment by the Company for Cause or by Executive for other than Good Reason, will Executive, directly or indirectly, solicit the Company’s Customers for the purpose of selling such customer services then offered or available through Company. For the purposes of this Agreement. (c) For purposes of the this Section, "Competitor" means any Person that produces blowmolded plastic containers or produces or provides any other product or service of the Company that represents, as of the Date of Termination, at least 10% of the consolidated revenues of the Company (including, without limitation, products which sells goods or services that Executive is aware, as of the Date of Termination, that the Company had specific plans (as evidenced through the most recent annual corporate business plan or by resolutions of the Board) to produce or provide during the twelve month period following the Date of Termination and such products or services which are reasonably anticipated to represent at least 10% of the consolidated revenues of the Company within the two years following the Date of Termination) that are directly competitive with those sold by a business that (i) is being conducted by the Company or any Subsidiary at the time in question and (ii) was being conducted at the Date of TerminationTermination and, for the Company’s most recently-completed fiscal year, contributed more than 10% of the Company’s consolidated revenues. Notwithstanding anything to the contrary in this Section, goods or services shall not be deemed to be competitive with those of the Company solely as a result of Executive's Executive being employed by or otherwise associated with a business of which a unit is in competition with the Company or any a Subsidiary (a "Competitive Unit") but as to which unit Executive does not have direct or indirect responsibilities for the products or services involved; provided. “Company’s Customers” shall mean all persons, that such Competitive Unit contributes less than 25% firms, corporations, partnerships, limited liability companies and other legal entitles and all governmental bodies or agencies (including municipalities) for which Company is providing services as of the consolidated revenues for the most recently completed fiscal year date of such businesstermination of Executive’s employment with Company.

Appears in 3 contracts

Samples: Employment Agreement (Augme Technologies, Inc.), Employment Agreement (Augme Technologies, Inc.), Employment Agreement (Augme Technologies, Inc.)

Non-Solicitation of Employees; Confidentiality; Non-Competition. (a) Executive covenants and agrees that, at no time during the Employment Period nor during the Restricted Periodone-year period immediately following a Termination of Employment by the Company for Cause or by Executive other than for Good Reason, death or Disability, will Executive: (i) Directly directly or indirectly employ or seek to employ any person (other than his personal assistant) employed as of the date of Executive's Termination of Employment or who left the employment of at that time by the Company or any of its Affiliates coincident with, or within six months prior to or after, the Executive's Termination of Employment with the Company Subsidiaries or otherwise encourage or entice any such person to leave such employment (provided that this Section 8.1(a)(i) shall not apply either to persons who had not become employed by the Company before the Date of Termination or to persons whose employment ended at any time as a result of the Company's termination of those individuals without cause)employment; (ii) Become become employed by, enter into a consulting arrangement with or otherwise agree to perform personal services for a Competitor (as defined in section 8.1 (bSection 9.1(b)). (iii) Acquire an ownership interestlocated within the state of Georgia in a capacity similar or identical to the services he provided to the Company during the Employment Period, or an option to purchase an acquire a substantial ownership interest in a Competitor, other than a publicly traded Competitor provided that ownership or option position in such publicly traded Competitor does not exceed 5 percent;; or (iviii) Solicit solicit any business customers or vendors of the Company with whom Executive had material contact during the Employment Period on behalf of or for the benefit of a Competitor; or (v) Interfere with, or attempt to interfere with, business relationships (whether formed before, on or after the date of this Agreement) between the Company or any of its affiliates and customers, clients, suppliers of the Company or its Affiliates. (b) For purposes of the this Section, "Competitor" means any Person that produces blowmolded plastic containers or produces or provides any other product or service of the Company that represents, as of the Date of Termination, at least 10% of the consolidated revenues of the Company (including, without limitation, products sells goods or services that Executive is aware, as of the Date of Termination, that the Company had specific plans (as evidenced through the most recent annual corporate business plan or by resolutions of the Board) to produce or provide during the twelve month period following the Date of Termination and such products or services which are reasonably anticipated to represent at least 10% of the consolidated revenues of the Company within the two years following the Date of Termination) that are directly competitive with those sold by a business that (i) is being conducted by the Company or any Subsidiary at the time in question and (ii) was being conducted at the Date of TerminationTermination and, for the Company’s most recently-completed fiscal year, contributed more than 10% of the Company’s consolidated revenues. Notwithstanding anything to the contrary in this Section, goods or services shall not be deemed to be competitive with those of the Company (A) solely as a result of Executive's Executive being employed by or otherwise associated with a business of which a unit is in competition with the Company or any Subsidiary (a "Competitive Unit") but as to which unit Executive does not have direct or indirect responsibilities for the products or services involved; provided, that such Competitive Unit involved or (B) if the activity contributes less than 2510% of the consolidated revenues for the most recently recently-completed fiscal year of such businessthe business by which Executive is employed or with which he is otherwise associated.

Appears in 2 contracts

Samples: Executive Employment Agreement (O2 Secure Wireless, Inc.), Executive Employment Agreement (O2 Secure Wireless, Inc.)

Non-Solicitation of Employees; Confidentiality; Non-Competition. (a) Executive covenants and agrees that, at no time during the Employment Period nor during the Restricted Period, will Executive: (i) Directly or indirectly employ or seek to employ any person (other than his personal assistant) employed as of the date of Executive's ’s Termination of Employment or who left the employment of the Company or its Affiliates coincident with, or within six months prior to or after, the Executive's ’s Termination of Employment with the Company or otherwise encourage or entice any such person to leave such employment (provided that this Section 8.1(a)(i) shall not apply either to persons who had not become employed by the Company before the Date of Termination or to persons whose employment ended at any time as a result of the Company's ’s termination of those individuals without cause); (ii) Become employed by, enter into a consulting arrangement with or otherwise agree to perform personal services for a Competitor (as defined in section 8.1 (b)).; (iii) Acquire an ownership interest, or an option to purchase an ownership interest in a Competitor, other than a publicly traded Competitor provided that ownership or option position in such publicly traded Competitor does not exceed 5 percent; (iv) Solicit any business of the Company on behalf of or for the benefit of a Competitor; or (v) Interfere with, or attempt to interfere with, business relationships (whether formed before, on or after the date of this Agreement) between the Company or any of its affiliates and customers, clients, suppliers of the Company or its Affiliates. (b) For purposes of the Section, "Competitor" means any Person that produces blowmolded plastic containers or produces or provides any other product or service of the Company that represents, as of the Date of Termination, at least 10% of the consolidated revenues of the Company (including, without limitation, products or services that Executive is aware, as of the Date of Termination, that the Company had specific plans (as evidenced through the most recent annual corporate business plan or by resolutions of the Board) to produce or provide during the twelve month period following the Date of Termination and such products or services are reasonably anticipated to represent at least 10% of the consolidated revenues of the Company within the two years following the Date of Termination) that are competitive with those sold by a business that is being conducted by the Company or any Subsidiary at the time in question and was being conducted at the Date of Termination. Notwithstanding anything to the contrary in this Section, goods or services shall not be deemed to be competitive with those of the Company solely as a result of Executive's ’s being employed by or otherwise associated with a business of which a unit is in competition with the Company or any Subsidiary (a "Competitive Unit") but as to which unit Executive does not have direct or indirect responsibilities for the products or services involved; provided, that such Competitive Unit contributes less than 25% of the consolidated revenues for the most recently completed fiscal year of such business. (c) Executive covenants and agrees that at no time during the Employment Period nor at any time following any Termination of Employment will Executive communicate, furnish, divulge or disclose in any manner to any Person any Confidential Information (as defined in Section 8.1(d) without the prior express written consent of the Company other than in the course of Executive’s employment. After a Termination of Employment, Executive shall not, without the prior written consent of the Company, or as may otherwise be required by law or legal process, communicate or divulge such Confidential Information to anyone other than the Company and its designees. (d) For purposes of this Section, “Confidential Information” shall mean financial information about the Company, contract terms with vendors and suppliers, customer and supplier lists and data, know-how, software developments, inventions, formulae, technology, designs and drawings, or any Company property or confidential information relating to research, operations, finances, current and proposed products and services, vendors, customers, advertising, costs, marketing, trading, investment, sales activities, promotion, manufacturing processes, or the business and affairs of the Company generally, or of any subsidiary or affiliate of the Company, trade secrets and such other competitively-sensitive information, except that Confidential Information shall not include any information that was or becomes generally available to the public (i) other than as a result of a wrongful disclosure by Executive, (ii) as a result of disclosure by Executive during the Employment Period that he reasonably and in good faith believes is required by the performance of his duties under this Agreement, or (iii) any information compelled to be disclosed by applicable law or administrative regulation; provided that Executive, to the extent not prohibited from doing so by applicable law or administrative regulation, shall give the Company written notice of the information to be so disclosed pursuant to clause (iii) of this sentence as far in advance of its disclosure as is practicable. (e) Executive agrees that upon Executive’s Termination of Employment with the Company for any reason, he will return to the Company immediately all memoranda, books, papers, plans, information, letters and other data, and all copies thereof or therefrom, in any way relating to the business of the Company, its affiliates and subsidiaries, except that he may retain only those portions of personal notes, notebooks and diaries that do not contain Confidential Information of the type described in the preceding sentence and any personal address books (whether in print or electronic form). Executive further agrees that he will not retain or use for Executive’s own benefit, purposes or account or the benefit, purposes or account of any other person, firm, partnership, joint venture, association, corporation or other business designation, entity or enterprise, other than the Company and any of its Subsidiaries or Affiliates, at any time any trade names, trademark, service xxxx, other proprietary business designation, patent, or other intellectual property of the Company or its Affiliates.

Appears in 2 contracts

Samples: Employment Agreement (Graham Packaging Co Inc.), Employment Agreement (Graham Packaging Co Inc.)

Non-Solicitation of Employees; Confidentiality; Non-Competition. (a) Executive covenants and agrees that, at no time during the Employment Period nor during the Restricted Period, will Executive: (i) Directly or indirectly employ or seek to employ any person (other than his personal assistant) employed as of the date of Executive's Termination of Employment or who left the employment of the Company or its Affiliates coincident with, or within six months prior to or after, the Executive's Termination of Employment with the Company or otherwise encourage or entice any such person to leave such employment (provided that this Section 8.1(a)(i8.1 (a)(i) shall not apply either to persons who had not become employed by the Company before the Date of Termination or to persons whose employment ended at any time as a result of the Company's termination of those individuals without cause); (ii) Become employed by, enter into a consulting arrangement with or otherwise agree to perform personal services for a Competitor (as defined in section 8.1 (b)). (iii) Acquire an ownership interest, or an option to purchase an ownership interest in a Competitor, other than a publicly traded Competitor provided that ownership or option position in such publicly traded Competitor does not exceed 5 percent; (iv) Solicit any business of the Company on behalf of or for the benefit of a Competitor; or (v) Interfere with, or attempt to interfere with, business relationships (whether formed before, on or after the date of this Agreement) between the Company or any of its affiliates and customers, clients, suppliers of the Company or its Affiliates. (b) For purposes of the Section, "Competitor" means any Person that produces blowmolded plastic containers or produces or provides any other product or service of the Company that represents, as of the Date of Termination, at least 10% of the consolidated revenues of the Company (including, without limitation, products or services that Executive is aware, as of the Date of Termination, that the Company had specific plans (as evidenced through the most recent annual corporate business plan or by resolutions of the Board) to produce or provide during the twelve month period following the Date of Termination and such products or services are reasonably anticipated to represent at least 10% of the consolidated revenues of the Company within the two years following the Date of Termination) that are competitive with those sold by a business that is being conducted by the Company or any Subsidiary at the time in question and was being conducted at the Date of Termination. Notwithstanding anything to the contrary in this Section, goods or services shall not be deemed to be competitive with those of the Company solely as a result of Executive's being employed by or otherwise associated with a business of which a unit is in competition with the Company or any Subsidiary (a "Competitive Unit") but as to which unit Executive does not have direct or indirect responsibilities for the products or services involved; provided, that such Competitive Unit contributes less than 25% of the consolidated revenues for the most recently completed fiscal year of such business.

Appears in 2 contracts

Samples: Employment Agreement (Graham Packaging Holdings Co), Employment Agreement (Graham Packaging Holdings Co)

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Non-Solicitation of Employees; Confidentiality; Non-Competition. (a) Executive covenants and agrees that, at no time during the Employment Period nor during the Restricted Period, will Executive: (i) Directly or indirectly employ or seek to employ any person (other than his personal assistant) employed as of the date of Executive's ’s Termination of Employment or who left the employment of the Company or its Affiliates coincident with, or within six months prior to or after, the Executive's ’s Termination of Employment with the Company or otherwise encourage or entice any such person to leave such employment (provided that this Section 8.1(a)(i) shall not apply either to persons who had not become employed by the Company before the Date of Termination or to persons whose employment ended at any time as a result of the Company's ’s termination of those individuals without causeand shall not apply to general solicitations); (ii) Become employed by, enter into a consulting arrangement with or otherwise agree to perform personal services for a Competitor (as defined in section 8.1 (b8.1(b)). (iii) Acquire an ownership interest, or an option to purchase an ownership interest in a Competitor, other than a publicly traded Competitor provided that ownership or option position in such publicly traded Competitor does not exceed 5 percent; (iv) Solicit any business of the Company on behalf of or for the benefit of a Competitor; or (v) Interfere with, or attempt to interfere with, business relationships (whether formed before, on or after the date of this Agreement) between the Company or any of its affiliates and customers, clients, suppliers of the Company or its Affiliates. (b) For purposes of the this Section, "Competitor" means (i) any Person that produces blowmolded plastic containers or produces or provides any other product or service of the Company that represents, as of the Date of Termination, at least 1025% of the consolidated revenues of the Company (including, without limitation, products or services that Executive is aware, as of the Date of Termination, that the Company had specific plans (as evidenced through the most recent annual corporate business plan or by resolutions of the Board) to produce or provide during the twelve month period following the Date of Termination and such products or services are reasonably anticipated to represent at least 1025% of the consolidated revenues of the Company within the two years following the Date of Termination) that are competitive with those sold by a business that is being conducted by the Company or and (ii) any Subsidiary at the time in question and was being conducted at the Date of Termination. Person listed on Exhibit F. Notwithstanding anything to the contrary in this Sectionsubsection (i) of the foregoing sentence, goods or services a Competitor shall not be deemed to be competitive with those of the Company solely as a result of Executive's being employed by or otherwise associated with a business include any Person of which a unit is in competition with the Company produces blowmolded plastic containers or any Subsidiary products or such other products or services (a "Competitive Unit") but as to which unit Executive does not have direct or indirect responsibilities for the products or services involved; provided, that such Competitive Unit contributes less than 25% of the consolidated revenues for the most recently completed fiscal year of such businessPerson but shall include any Person listed on Exhibit F. (c) Subject to applicable law and legal process, Executive covenants and agrees that at no time during the Employment Period nor at any time following any Termination of Employment will Executive communicate, furnish, divulge or disclose in any manner to any Person any Confidential Information (as defined in Section 8.1(d) without the prior express written consent of the Company, other than in the course of Executive’s employment. After a Termination of Employment, Executive shall not, without the prior written consent of the Company, or as may otherwise be required by applicable law or legal process, communicate or divulge such Confidential Information to anyone other than the Company and its designees. (d) For purposes of this Section, “Confidential Information” shall mean financial information about the Company, the Company’s contract terms with vendors and suppliers, customer and supplier lists and data, know-how, software developments, inventions, formulae, technology, designs and drawings, or any Company property or confidential information relating to research, operations, finances, current and proposed products and services, vendors, customers, advertising, costs, marketing, trading, investment, sales activities, promotion, manufacturing processes, or the business and affairs of the Company generally, or of any subsidiary or affiliate of the Company, trade secrets and such other competitively-sensitive information, except that Confidential Information shall not include any information that was or becomes generally available to the public (i) other than as a result of a wrongful disclosure by Executive, (ii) as a result of disclosure by Executive during the Employment Period that he reasonably and in good faith believes is required by the performance of his duties under this Agreement, or (iii) any information compelled to be disclosed by applicable law or legal process; provided that Executive, to the extent not prohibited from doing so by applicable law or legal process, shall give the Company written notice of the information to be so disclosed pursuant to clause (iii) of this sentence as far in advance of its disclosure as is practicable. (e) Executive agrees that upon Executive’s Termination of Employment with the Company for any reason, he will promptly return to the Company or certify to the Company the destruction of all memoranda, books, papers, plans, information, letters and other data, and all copies thereof or therefrom, in any way relating to the business of the Company, its affiliates and subsidiaries, except that he may retain personal notes, notebooks and diaries, subject to his continuing obligation under Section 8.1(c). Executive further agrees that he will not retain or use for Executive’s own benefit, purposes or account or the benefit, purposes or account of any other person, firm, partnership, joint venture, association, corporation or other business designation, entity or enterprise, other than the Company and any of its Subsidiaries or Affiliates, at any time any trade names, trademark, service xxxx, other proprietary business designation, patent, or other intellectual property of the Company or its Affiliates.

Appears in 1 contract

Samples: Employment Agreement (Graham Packaging Holdings Co)

Non-Solicitation of Employees; Confidentiality; Non-Competition. (a) Executive covenants and agrees that, at no time during the Employment Period nor during the Restricted Period, will Executive: (i) Directly or indirectly employ or seek to employ any person (other than his personal assistant) employed as of the date Executive’s Date of Executive's Termination of Employment or who left the employment of the Company or its Affiliates coincident with, or within six months prior to or after, the Executive's ’s Date of Termination of Employment with the Company or otherwise encourage or entice any such person to leave such employment (provided that this Section 8.1(a)(i) shall not apply either to persons who had not become employed by the Company before the Date of Termination or to persons whose employment ended at any time as a result of the Company's ’s termination of those individuals without cause); (ii) Become employed by, enter into a consulting arrangement with or otherwise agree to perform personal services for a Competitor (as defined in section 8.1 (b)). (iii) Acquire an ownership interest, or an option to purchase an ownership interest in a Competitor, other than a publicly traded Competitor provided that ownership or option position in such publicly traded Competitor does not exceed 5 percent; (iv) Solicit any business of the Company on behalf of or for the benefit of a Competitor; or (v) Interfere with, or attempt to interfere with, business relationships (whether formed before, on or after the date of this Agreement) between the Company or any of its affiliates and customers, clients, suppliers of the Company or its Affiliates. (b) For purposes of the Section, "Competitor" means any Person that produces blowmolded plastic containers or produces or provides any other product or service of the Company that represents, as of the Date of Termination, at least 10% of the consolidated revenues of the Company (including, without limitation, products or services that Executive is aware, as of the Date of Termination, that the Company had specific plans (as evidenced through the most recent annual corporate business plan or by resolutions of the Board) to produce or provide during the twelve month period following the Date of Termination and such products or services are reasonably anticipated to represent at least 10% of the consolidated revenues of the Company within the two years following the Date of Termination) that are competitive with those sold by a business that is being conducted by the Company or any Subsidiary at the time in question and was being conducted at the Date of Termination. Notwithstanding anything to the contrary in this Section, goods or services shall not be deemed to be competitive with those of the Company solely as a result of Executive's ’s being employed by or otherwise associated with a business of which a unit is in competition with the Company or any Subsidiary (a "Competitive Unit") but as to which unit Executive does not have direct or indirect responsibilities for the products or services involved; provided, that such Competitive Unit contributes less than 25% of the consolidated revenues for the most recently completed fiscal year of such business. (c) Executive covenants and agrees that at no time during the Employment Period nor at any time following any Termination of Employment will Executive communicate, furnish, divulge or disclose in any manner to any Person any Confidential Information (as defined in Section 8.1(d) without the prior express written consent of the Company other than in the course of Executive’s

Appears in 1 contract

Samples: Employment Agreement (Graham Packaging Holdings Co)

Non-Solicitation of Employees; Confidentiality; Non-Competition. (a) Executive covenants and agrees that, at no time during the Employment Period nor during the Restricted Period, will Executive: (i) Directly or indirectly employ or seek to employ any person (other than his personal assistant) employed as of the date of Executive's ’s Termination of Employment or who left the employment of the Company or its Affiliates coincident with, or within six months prior to or after, the Executive's ’s Termination of Employment with the Company or otherwise encourage or entice any such person to leave such employment (provided that this Section 8.1(a)(i) shall not apply either to persons who had not become employed by the Company before the Date of Termination or to persons whose employment ended at any time as a result of the Company's ’s termination of those individuals without cause); (ii) Become employed by, enter into a consulting arrangement with or otherwise agree to perform personal services for a Competitor (as defined in section 8.1 (b)). (iii) Acquire an ownership interest, or an option to purchase an ownership interest in a Competitor, other than a publicly traded Competitor provided that ownership or option position in such publicly traded Competitor does not exceed 5 percent; (iv) Solicit any business of the Company on behalf of or for the benefit of a Competitor; or (v) Interfere with, or attempt to interfere with, business relationships (whether formed before, on or after the date of this Agreement) between the Company or any of its affiliates and customers, clients, suppliers of the Company or its Affiliates. (b) For purposes of the Section, "Competitor" means any Person that produces blowmolded plastic containers or produces or provides any other product or service of the Company that represents, as of the Date of Termination, at least 10% of the consolidated revenues of the Company (including, without limitation, products or services that Executive is aware, as of the Date of Termination, that the Company had specific plans (as evidenced through the most recent annual corporate business plan or by resolutions of the Board) to produce or provide during the twelve month period following the Date of Termination and such products or services are reasonably anticipated to represent at least 10% of the consolidated revenues of the Company within the two years following the Date of Termination) that are competitive with those sold by a business that is being conducted by the Company or any Subsidiary at the time in question and was being conducted at the Date of Termination. Notwithstanding anything to the contrary in this Section, goods or services shall not be deemed to be competitive with those of the Company solely as a result of Executive's ’s being employed by or otherwise associated with a business of which a unit is in competition with the Company or any Subsidiary (a "Competitive Unit") but as to which unit Executive does not have direct or indirect responsibilities for the products or services involved; provided, that such Competitive Unit contributes less than 25% of the consolidated revenues for the most recently completed fiscal year of such business. (c) Executive covenants and agrees that at no time during the Employment Period nor at any time following any Termination of Employment will Executive communicate, furnish, divulge or disclose in any manner to any Person any Confidential Information (as defined in Section 8.1(d) without the prior express written consent of the Company other than in the course of Executive’s employment. After a Termination of Employment, Executive shall not, without the prior written consent of the Company, or as may otherwise be required by law or legal process, communicate or divulge such Confidential Information to anyone other than the Company and its designees. (d) For purposes of this Section, “Confidential Information” shall mean financial information about the Company, contract terms with vendors and suppliers, customer and supplier lists and data, know-how, software developments, inventions, formulae, technology, designs and drawings, or any Company property or confidential information relating to research, operations, finances, current and proposed products and services, vendors, customers, advertising, costs, marketing, trading, investment, sales activities, promotion, manufacturing processes, or the business and affairs of the Company generally, or of any subsidiary or affiliate of the Company, trade secrets and such other competitively-sensitive information, except that Confidential Information shall not include any information that was or becomes generally available to the public (i) other than as a result of a wrongful disclosure by Executive, (ii) as a result of disclosure by Executive during the Employment Period that he reasonably and in good faith believes is required by the performance of his duties under this Agreement, or (iii) any information compelled to be disclosed by applicable law or administrative regulation; provided that Executive, to the extent not prohibited from doing so by applicable law or administrative regulation, shall give the Company written notice of the information to be so disclosed pursuant to clause (iii) of this sentence as far in advance of its disclosure as is practicable. (e) Executive agrees that upon Executive’s Termination of Employment with the Company for any reason, he will return to the Company immediately all memoranda, books, papers, plans, information, letters and other data, and all copies thereof or therefrom, in any way relating to the business of the Company, its affiliates and subsidiaries, except that he may retain only those portions of personal notes, notebooks and diaries that do not contain Confidential Information of the type described in the preceding sentence. Executive further agrees that he will not retain or use for Executive’s own benefit, purposes or account or the benefit, purposes or account of any other person, firm, partnership, joint venture, association, corporation or other business designation, entity or enterprise, other than the Company and any of its Subsidiaries or Affiliates, at any time any trade names, trademark, service xxxx, other proprietary business designation, patent, or other intellectual property of the Company or its Affiliates.

Appears in 1 contract

Samples: Employment Agreement (Graham Packaging Holdings Co)

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