Common use of Non-Solicitation Restriction Clause in Contracts

Non-Solicitation Restriction. To protect the Confidential Information, and in the event of Executive’s termination of employment for any reason whatsoever, whether by Executive or the Company, it is necessary to enter into the following restrictive covenants, which are ancillary to the enforceable promises between the Company and Executive in Sections 10 through 12 of the Agreement. Executive hereby covenants and agrees that during the Employment Period and for one year following the Termination Date, Executive will not, directly or indirectly, either individually or as a principal, partner, agent, consultant, contractor, employee, or as a director or officer of any corporation or association, or in any other manner or capacity whatsoever, except on behalf of the Company or an Affiliate, solicit business, or attempt to solicit business, in products or services competitive with any products or services sold (or offered for sale) by the Company or any Affiliate, from the Company’s or its Affiliate’s customers or prospective customers, or those individuals or entities with whom the Company or its Affiliate did business during the Employment Period, including, without limitation, the Company’s or its Affiliate’s prospective or potential customers, nor shall Executive detrimentally interfere with any such of the Company’s or its Affiliate’s contractors or consultants.

Appears in 4 contracts

Samples: Employment Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/)

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Non-Solicitation Restriction. To protect the Confidential Information, and in the event of ExecutiveEmployee’s termination of employment for any reason whatsoever, whether by Executive or the Companyreason, it is necessary to enter into the following restrictive covenants, covenants which are ancillary to the enforceable promises between the Company and Executive Employee in Sections 10 through 12 of the this Agreement. Executive Employee hereby covenants and agrees that that, while employed by the Company and during the Employment Period and for one year following the Termination DateRestricted Period, Executive Employee will not, directly or indirectly, either individually or as a principal, owner, partner, agent, consultant, contractor, employee, or as a director or officer of any corporation or other association, or in any other manner or capacity whatsoever, except on behalf of the Company or an AffiliateCompany, solicit business, or attempt to solicit business, in products or services competitive with any products or services sold (or offered for sale) provided by the Company or any AffiliateCompany, from the Company’s partners or its Affiliateclients (or any prospective partner or client) as of Employee’s customers or prospective customersemployment termination date, or those individuals or entities any other Person with whom the Company did business, or its Affiliate did had a business during relationship with, within the Employment Period, including, without limitation, the Companytwo (2) year period immediately preceding Employee’s or its Affiliate’s prospective or potential customers, nor shall Executive detrimentally interfere with any such termination of the Company’s or its Affiliate’s contractors or consultantsemployment.

Appears in 2 contracts

Samples: Employment Agreement (Mereo Biopharma Group PLC), Employment Agreement (Mereo Biopharma Group PLC)

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Non-Solicitation Restriction. To protect the Confidential Information, and in the event of Executive’s termination of employment for any reason whatsoever, whether by Executive or the Company, it is necessary to enter into the following restrictive covenants, which are ancillary to the enforceable promises between the Company and Executive in Sections 10 9 through 12 11 of the Agreement. Executive hereby covenants and agrees that during the Term of Employment Period and for one year following the Termination Date, Executive will not, directly or indirectly, either individually or as a principal, partner, agent, consultant, contractor, employee, or as a director or officer of any corporation or association, or in any other manner or capacity whatsoever, except on behalf of the Company or an AffiliateAffiliate of the Company, solicit business, or attempt to solicit business, in products or services competitive with any products or services sold (or offered for sale) by the Company or any AffiliateAffiliate of the Company, from the Company’s or its Affiliate’s customers or prospective customers, or those individuals or entities with whom the Company or its Affiliate did business during the Employment PeriodTerm of Employment, including, without limitation, the Company’s or its Affiliate’s prospective or potential customers, nor shall Executive detrimentally interfere with any such of the Company’s or its Affiliate’s contractors or consultants.

Appears in 1 contract

Samples: Transition and Separation Agreement (Parker Drilling Co /De/)

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