Common use of Non-Solicitation Restriction Clause in Contracts

Non-Solicitation Restriction. To protect Trade Secrets, it is necessary to enter into the following restrictive covenants which are ancillary to the enforceable promises between the Company and Executive in Sections 5 through 8 and other provisions of this Agreement. Only if there is a Severance Payment Event that results from Executive's voluntary termination of employment for Good Reason, Executive hereby covenants and agrees that he will not, directly or indirectly, without the prior written consent of the Board or the Compensation Committee, either individually or as a principal, partner, agent, consultant, contractor, employee, or as a director or officer of any entity, or in any other manner or capacity whatsoever, except on behalf of the Company, solicit business, or attempt to solicit business, in products or services competitive with any products or services offered or performed by the Company or any Subsidiary with respect to any property, drilling program, or oil or gas development prospect, project or field, in which the Company or any Subsidiary does business or has any business interest as of the Severance Payment Event, or either (a) from those individuals or entities with whom the Company or Subsidiary was involved with, or participated in, any oil or gas exploration or development project or (b) with respect to any property in which the Company or Subsidiary had any working, royalty or other interest, at any time during the two year period ending on the Employment Termination Date. The prohibitions set forth in this Section 9 shall remain in effect for a period of one (1) year following the Employment Termination Date.

Non-Solicitation Restriction. To protect Trade Secrets, it is necessary to enter into the following restrictive covenants which are ancillary to the enforceable promises between the Company and Executive in Sections 5 through 8 and other provisions of this Agreement. Only if there is a Severance Payment Event that results from Executive's voluntary termination of employment for Good Reason, Executive hereby covenants and agrees that he will not, directly or indirectly, without the prior written consent of the Board or the Compensation Committee, either individually or as a principal, partner, agent, consultant, contractor, employee, or as a director or officer of any entity, or in any other manner or capacity whatsoever, except on behalf of the Company, solicit business, or attempt to solicit business, in products or services competitive with any products or services offered or performed by the Company or any Subsidiary with respect to any property, drilling program, or oil or gas development prospect, project or field, in which the Company or any Subsidiary does business or has any business interest as of the Severance Payment Event, or either (a) from those individuals or entities with whom the Company or Subsidiary was involved with, or participated in, any oil or gas exploration or development project or (b) with respect to any property in which the Company or Subsidiary had any working, royalty or other interest, at any time during the two two-year period ending on the Employment Termination Date. The prohibitions set forth in this Section 9 shall remain in effect for a period of one (1) year following the Employment Termination Date.

Non-Solicitation Restriction. To protect Trade SecretsSecrets after termination of the Employment Period, it is necessary to enter into the following restrictive covenants covenants, which are ancillary to the enforceable promises between the Company and Executive in Sections 5 11 through 8 14 and other provisions of this Agreement. Only if there is a Severance Payment Event that results from Executive's voluntary termination Following the Termination Date (regardless of employment the reason for Good Reasontermination), Executive hereby covenants and agrees that he will not, directly or indirectly, without the prior written consent of the Board or the Compensation Committee, either individually or as a principal, partner, agent, consultant, contractor, employee, or as a director or officer of any entity, or in any other manner or capacity whatsoever, except on behalf of the Company, solicit business, or attempt to solicit business, in products or services competitive with any products or services offered or performed by the Company or any Subsidiary with respect to any property, drilling program, or oil or gas development prospect, project or field, in which the Company or any Subsidiary does business or has any business interest as of the Severance Payment EventTermination Date, or either (a) from those individuals or entities with whom the Company or Subsidiary was involved with, or participated in, any oil or gas exploration or development project or (b) with respect to any property in which the Company or Subsidiary had any working, royalty or other interest, at any time during the two two-year period ending on the Employment Termination Date. The prohibitions set forth in this Section 9 15 shall remain in effect for a period of one (1) year following the Employment Termination Date.

Non-Solicitation Restriction. To protect Trade SecretsSecrets after termination of the Employment Period, it is necessary to enter into the following restrictive covenants covenants, which are ancillary to the enforceable promises between the Company and Executive in Sections 5 11 through 8 14 and other provisions of this Agreement. Only if there is a Severance Payment Event that results from Executive's voluntary termination Following the Termination Date (regardless of employment the reason for Good Reasontermination), Executive hereby covenants and agrees that he will not, directly or indirectly, without the prior written consent of the Board or the Compensation Committee, either individually or as a principal, partner, agent, consultant, contractor, employee, or as a director or officer of any entity, or in any other manner or capacity whatsoever, except on behalf of the Company, solicit business, or attempt to solicit business, in products or services competitive with any products or services offered or performed by the Company or any Subsidiary with respect to any property, drilling program, or oil or gas development prospect, project or field, in which the Company or any Subsidiary does business or has any business interest as of the Severance Payment EventTermination Date, or either (a) from those individuals or entities with whom the Company or Subsidiary was involved with, or participated in, any oil or gas exploration or development project or (b) with respect to any property in which the Company or Subsidiary had any working, royalty or other interest, at any time during the two year period ending on the Employment Termination Date. The prohibitions set forth in this Section 9 15 shall remain in effect for a period of one (1) year following the Employment Termination Date.