Noncompetition; Nondisclosure. Neither the Company nor any officer of the Company is subject to any noncompete, nondisclosure, confidentiality, employment, consulting or similar arrangement that would be violated by the present or proposed business activities of the Company as described in the Registration Statement, the General Disclosure Package and the Prospectus.
Noncompetition; Nondisclosure. As a condition of employment with T&W, and in consideration of continuing employment, the compensation of Employee by T&W during the term of this Agreement, the use and enjoyment by Employee of T&W's facilities and equipment, the ongoing disclosure to Employee of T&W's confidential and proprietary information, the opportunity for Employee to serve T&W's customers, and the mutual covenants contained herein, T&W and Employee recognize and agree as follows:
Noncompetition; Nondisclosure. (a) The Executive agrees that he will not engage in any Competitive Activity (as defined below) during any period with respect to which he is receiving payments or benefits of any kind or character from the Company. For purposes of this Section, "
Noncompetition; Nondisclosure. (a) Except as otherwise provided in Section 9(c) below, during the Term and the Restricted Period, Executive shall not: (i) either as principal, agent, manager, employee, partner, shareholder, director, officer, consultant or otherwise, become employed by, or manage or perform services for any business operation, in a managerial, marketing or sales capacity, if such business operation has a location within South Hampton Roads (that is, the cities of Norfolk, Portsmouth, Chesapeake, Virginia Beach and Suffolk, Virginia) and competes with Bankshares or the Bank; (ii) induce or attempt to induce any employee of Bankshares or any Subsidiary to leave such employee’s position with Bankshares or any Subsidiary to become associated with a business competing in any way with Bankshares or any Subsidiary; or (iii) induce or attempt to induce any customer of Bankshares or any Subsidiary of either to cease transacting business with Bankshares or any Subsidiary or transfer any part of such customer’s business to any other depository institution.
Noncompetition; Nondisclosure. As a condition of employment with the Company and in consideration of continuing employment, the compensation of the Employee during the term of this Agreement, the use and enjoyment by the Employee of facilities and equipment, the ongoing disclosure to the Employee of confidential and proprietary information, the opportunity for the Employee to serve customers of the Company, and the mutual covenants contained herein, the Company and the Employee recognize and agree as follows:
Noncompetition; Nondisclosure. (a) (i) Until the Expiration Date (disregarding any effect thereupon arising out of termination for Cause), and (ii) during a period of one (1) year following the Expiration Date (disregarding any effect thereupon arising out of termination for Cause, the "Post Employment Period"), the Executive agrees that he will not engage in any Competitive Activity (as defined herein) in the United States of America or its territories or possessions (the "USA") or outside of the USA reasonably likely to have a detrimental effect upon the Company's operations; provided, however, that if the Executive is termi-
Noncompetition; Nondisclosure. (a) (i) Until the Expiration Date (disregarding any effect thereupon arising out of termination for Cause), and (ii) during a period of one (1) year following the Expiration Date (disregarding any effect thereupon arising out of termination for Cause, the "POST EMPLOYMENT PERIOD"), the Executive agrees that he will not engage in any Competitive Activity (as defined herein) in the United States of America or its territories or possessions (the "USA") or outside of the USA reasonably likely to have a detrimental effect upon the Company's operations; provided, however, that if the Executive is terminated for Cause, then the Post Employment Period shall constitute a period of two (2) years following the Expiration Date. For purposes of this Section 7, "COMPETITIVE ACTIVITY" shall mean any activity, without the written consent of the Board, consisting of:
Noncompetition; Nondisclosure. 25 (a) Scope and Reasonableness of Restrictions..............................................25 (b)
Noncompetition; Nondisclosure. A. For a period of two (2) years from the date of this Agreement, the Consultant shall not, directly or indirectly, whether or not receiving compensation therefor, either as principal, agent, manager, employee, partner, shareholder, director, officer, consultant or otherwise, become employed by, or manage or perform services for any business operation, whether financially or in any other capacity, if such business operation has a location within a fifty (50) mile radius of the headquarters of the Company and competes with CENIT. For a period of two (2) years from the date of this Agreement, the Consultant shall not, directly or indirectly, whether or not receiving compensation therefor, either as principal, agent, manager, employee, partner, shareholder, director, officer, consultant or otherwise, (i) in any way induce or attempt to induce any employee of CENIT to leave such employee's position with CENIT to become associated with a business competing in any way with CENIT or (ii) induce or attempt to induce any customer of CENIT of either to cease transacting business with CENIT or transfer any part of such customer's business to any other depository institution.
Noncompetition; Nondisclosure. Seller and Guarantors agree that they will not, in any capacity and in any form of participation, enter into any business which is competitive with the business of that being conducted by Buyer with the assets being purchased from Seller for a period of five (5) years in any market area or region in which the Seller is conducting business, and Seller and Guarantors will not solicit as a part thereof any of the former customers of Seller during that period. Furthermore, Seller and Guarantors agree that they will not disclose to any person, business or other entity any information relating to the business, assets, financial dealings, customer lists, customer leads or proprietary information of Seller without Buyer's written consent which shall be at the sole descretion of the Buyer.
