Noncompetition Nonsolicitation Confidentiality. As a material inducement to the Company to enter into this Agreement and in consideration of the payment by the Company of the compensation detailed herein to Executive:
Noncompetition Nonsolicitation Confidentiality. Executive agrees to execute a Covenant Not to Compete and Confidentiality Agreement simultaneously with the execution of this Agreement.
Noncompetition Nonsolicitation Confidentiality. To the extent that the Executive and the Company (or an Affiliate of the Company) is a party to an employment agreement with the Company containing noncompetition, nonsolicitation, noninterference or confidentiality restrictions (or two or more such restrictions), those restrictions and related enforcement provisions under such employment agreement shall govern and the following provisions of this Section 6 shall not apply.
Noncompetition Nonsolicitation Confidentiality. (a) NONCOMPETITION. THIS SECTION 9(A) SHALL HAVE NO FORCE OR EFFECT, AND SHALL NOT BE DEEMED A PART OF THE AGREEMENT DURING ANY AND ALL PERIODS IN WHICH THE EXECUTIVE PERFORMS SERVICES AS AN EMPLOYEE OF THE COMPANY PRINCIPALLY IN THE STATE OF CALIFORNIA, BUT SHALL BECOME IMMEDIATELY EFFECTIVE IF AND TO THE EXTENT THE EXECUTIVE PERFORMS SERVICES AS AN EMPLOYEE OF THE COMPANY PRINCIPALLY IN A JURISDICTION OTHER THAN THE STATE OF CALIFORNIA. The Executive acknowledges that in the course of his employment with the Company and its Affiliates and their predecessors, he has and will continue to become familiar with the trade secrets of, and other confidential information concerning, the Company and its Affiliates, that the Executive's services will be of special, unique and extraordinary value to the Company and its Affiliates and that the Company's ability to accomplish its purposes and to successfully pursue its business plan and compete in the marketplace depends substantially on the skills and expertise of the Executive. Therefore, and in further consideration of the compensation being paid to the Executive hereunder, the Executive agrees that, during the Employment Period and for a period of twelve months following the Executive's termination of employment with the Company for any reason other than a termination of employment in which Section 8(d) hereof applies (in which case the restrictions set forth in Section 9 of this Agreement shall not apply) (the "Restricted Period"), he shall not directly or indirectly own, manage, control, participate in, consult with, render services for, or in any manner engage in any business competing with the businesses of the Company or its Affiliates, in any country where the Company or its Affiliates conducts business; provided, however, that passive investments amounting to no more than three percent of the voting equity of a business shall not be prohibited hereby.
Noncompetition Nonsolicitation Confidentiality. (a) Covenant Not to Compete. Except with the prior written consent of the Board:
Noncompetition Nonsolicitation Confidentiality. Executive agrees to execute a Non-Solicitation, Non-Compete and Confidentiality Agreement simultaneously with the execution of this Agreement. CONFIDENTIAL
Noncompetition Nonsolicitation Confidentiality. (a) Except to the extent permitted by the Transitional Services Agreement, each of the Sellers, Xxxx Members and Xx Xxxx agrees that, during the period beginning on the Closing Date and ending on the fifth anniversary of the Closing Date (the “Restricted Period”), neither it nor any of its Affiliates, Fibrwrap NC or Fibrwrap SE shall, directly or indirectly, (i) in any manner engage in the Business anywhere in the United States, Canada and, as of the Acquisition Date of any Foreign Entity, any other country where such Acquired Foreign Entity does business on the Acquisition Date (the “Territory”) or (ii) participate as a stockholder, member, partner, agent or representative or other independent contractor of, or have any direct or indirect financial interest in, any enterprise that is engaged, or, to the knowledge of such Seller or Xxxx Member, plans to engage, in the Business anywhere in the Territory. For the avoidance of doubt, as of the Closing Date, the Territory shall only include the United States and Canada, and on the Acquisition Date of any Acquired Foreign Entity, the Territory shall be expanded to include the country where such Acquired Foreign Entity does business. Nothing contained in this Section 7.2(a) shall prohibit any Party from owning any securities of any Person (other than a natural Person) whose securities are traded on a recognized securities exchange, so long as such ownership interest does not exceed five percent (5%) of the Equity Securities of such Person. For purposes of this Section 7.2, the term “Affiliates” shall not include any partners of any Bison Party or any Affiliates of such partners.
Noncompetition Nonsolicitation Confidentiality. 1. During the 24-month period commencing on the Closing Date (the "Restricted Period"), Chopra shall not, unless he receives the prior written consent of CPI, directly or indirectly, own an interest in, manage, operate, join, control, lend money or render financial or other assistance to or participate in or be connected with, as an officer, employee, partner, stockholder, consultant or otherwise, any individual, partnership, firm, corporation or other business organization or entity that competes within the United States with the business of the Surviving Corporation as conducted on the Effective Date; provided, however, that this Section 9.3.1 shall not proscribe -------- ------- Chopra's ownership, either directly or indirectly, of less than five (5%) percent of any issue of stock or securities of any company or business entity which has any class of securities listed on a national securities exchange or quoted on The Nasdaq Stock Market.
Noncompetition Nonsolicitation Confidentiality. (a) Covenant ------------------------------------------------ -------- Not to Compete. During the Full-Time Employment Period and for any applicable -------------- additional period specified in (2) and (3) below, except with the prior written consent of the Board:
Noncompetition Nonsolicitation Confidentiality. (i) Except to the extent otherwise permitted under Section 6(c)(ii), Parent and each Seller agrees that, during the period beginning on the Closing Date and ending on the third anniversary of the Closing Date (the “Restricted Period”), neither Parent nor either Seller nor any of their Affiliates shall, directly or indirectly, engage in the manufacture or sale of Products other than Excluded Products (the “Restricted Activity”).
