Common use of Noncompetition/Conflicts of Interest Clause in Contracts

Noncompetition/Conflicts of Interest. (a) The Employee covenants and agrees that the Employee shall not, directly or indirectly, as a principal, employee, partner, consultant, agent or otherwise, compete or assist in a Competitive Activity anywhere in the United States during the Term of Employment and for a period of one year after the termination of this Agreement (except termination without Cause by the Company or at the end of a term hereof) (the “Restricted Period”) without the express prior written consent of the Company; provided, however, that the running of the Restricted Period shall be tolled during any period of time in which Employee violates the provisions of this Section. “Competitive Activity” means the promotion, marketing or sale of hearing care products and services.

Noncompetition/Conflicts of Interest. (a) The Employee covenants and agrees that the Employee shall not, directly or indirectly, as a principal, employee, partner, consultant, agent or otherwise, compete or assist in a Competitive Activity anywhere in the United States during the Term of Employment and for a period of one year two years after the termination of this Agreement (except termination without Cause by the Company or at the end of a term hereof) (the “Restricted Period”) without the express prior written consent of the Company; provided, however, that the running of the Restricted Period shall be tolled during any period of time in which Employee violates the provisions of this Section. “Competitive Activity” means the promotion, marketing or sale of hearing care products and services.