Noncompetition During Employment. During the term of his employment by the Corporation, the Employee shall not, directly or indirectly, engage in any business competitive with that of the Corporation; provided, however, that the foregoing shall not be deemed to prevent the Employee from investing in securities of any company having a class of securities which is publicly traded, so long as such investment holdings do not, in the aggregate, constitute more than 5% of any class of such company's securities.
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Samples: Employment Agreement (U S Liquids Inc), Employment Agreement (U S Liquids Inc), Employment Agreement (U S Liquids Inc)
Noncompetition During Employment. During the term of his employment by the Corporation, the Employee shall not, directly or indirectly, engage directly or indirectly in any business competitive with that of the Corporation; provided, however, that the foregoing shall not be deemed to prevent the Employee from investing in securities of any company having a class of securities which is publicly traded, so long as such investment holdings do not, in the aggregate, constitute more than 5% of any class of such company's securities.
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