Common use of Noncompetition Obligations Clause in Contracts

Noncompetition Obligations. As a condition to and in consideration of his/her employment and continued employment, and in exchange for the severance and Change of Control provisions as set forth in Paragraphs 8 and 9 of this Employment Agreement, and the mutual covenants herein, Employee agrees that, during his/her employment and for a period of one (1) year following his/her voluntary or involuntary resignation or termination for any reason, the Employee will not, on behalf of himself/herself or any other person or entity: (a) Directly or indirectly solicit, on Employee's own behalf, or on behalf of another, any of August Technology's or any subsidiary's customers or potential customers with whom Employee or Employee's supervisees had contact, either directly or indirectly, within the twelve months immediately preceding Employee's resignation or termination of employment, for the purpose of providing, selling, or attempting to sell any products or services competing with those provided or sold by August Technology or any subsidiary, or clearly contemplated thereby due to research, development, engineering, applications, licensing, or other like projects in process, at the time of resignation or termination; or (b) hire or attempt to hire, or influence or solicit, or attempt to influence or solicit, either directly or indirectly, any employee of August Technology or any subsidiary to leave or terminate his/her or her employment, or to work for any other person or entity.

Noncompetition Obligations. As a condition to and in consideration of his/her employment and continued employment, and in exchange for the severance and Change of Control provisions as set forth in Paragraphs 8 and 9 of this Employment Agreement, and the mutual covenants herein, Employee agrees that, during his/her employment and for a period of one (1) year following his/her voluntary or involuntary resignation or termination for any reason, the Employee will not, on behalf of himself/herself or any other person or entity: (a) Directly or indirectly solicit, on Employee's ’s own behalf, or on behalf of another, any of August Technology's ’s or any subsidiary's ’s customers or potential customers with whom Employee or Employee's ’s supervisees had contact, either directly or indirectly, within the twelve months immediately preceding Employee's ’s resignation or termination of employment, for the purpose of providing, selling, or attempting to sell any products or services competing with those provided or sold by August Technology or any subsidiary, or clearly contemplated thereby due to research, development, engineering, applications, licensing, or other like projects in process, at the time of resignation or termination; or (b) hire or attempt to hire, or influence or solicit, or attempt to influence or solicit, either directly or indirectly, any employee of August Technology or any subsidiary to leave or terminate his/her or her employment, or to work for any other person or entity.