Common use of Noncompete Payment Clause in Contracts

Noncompete Payment. As a condition to Executive's obligations hereunder, the Company shall deliver to Executive on the date hereof $50,000 (the "Noncompete Payment") in immediately available funds.

Appears in 5 contracts

Samples: Noncompetition Agreement (MST Enterprises Inc), Noncompetition Agreement (MST Enterprises Inc), Noncompetition Agreement (MST Enterprises Inc)

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Noncompete Payment. As a condition to Executive's obligations hereunder, the Company shall deliver to Executive on the date hereof $50,000 15,000 (the "Noncompete Payment") in immediately available funds.

Appears in 2 contracts

Samples: Noncompetition Agreement (MST Enterprises Inc), Noncompetition Agreement (MST Enterprises Inc)

Noncompete Payment. As a condition to Executive's obligations hereunder, the Company shall deliver to Executive on the date hereof $50,000 20,000 (the "Noncompete Payment") in immediately available funds.

Appears in 1 contract

Samples: Noncompetition Agreement (MST Enterprises Inc)

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Noncompete Payment. As a condition to Executive's obligations hereunder, the Company shall deliver to Executive on the date hereof $50,000 200,000 (the "Noncompete Payment") in immediately available funds.

Appears in 1 contract

Samples: Noncompetition Agreement (MST Enterprises Inc)

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