Common use of Noncompetition Period Clause in Contracts

Noncompetition Period. “Noncompetition Period” shall mean the period commencing on the Effective Date and continuing until (i) nine (9) months following termination of Employee’s employment with Employer, unless clause (ii) applies, or (ii) if applicable, the last day of the Severance Period pursuant to Section 7(d)(A).

Appears in 6 contracts

Samples: Employment Agreement (Targacept Inc), Employment Agreement (Targacept Inc), Employment Agreement (Targacept Inc)

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Noncompetition Period. “Noncompetition Period” shall mean the period commencing on the Effective Date date Employee’s employment is terminated, for whatever reason, and continuing until (i) nine (9) months following such termination of Employee’s employment with Employer, unless clause (ii) applies, or (ii) if applicable, the last day of the Severance Period pursuant to Section 7(d)(A)employment.

Appears in 2 contracts

Samples: Employment Agreement (Targacept Inc), Employment Agreement (Targacept Inc)

Noncompetition Period. For purposes of this paragraph 11, the term “Noncompetition Period” shall mean means the period commencing beginning on the Effective Date and continuing until (i) nine (9) months following effective date of the termination of Employee’s employment with Employer, unless clause the Company and continuing for (iii) appliesthe lesser of three years or the unexpired term of the Employment Period in the case of a severance payment made pursuant to paragraph 7(b), or (ii) if applicable, three years in the last day case of the Severance Period a severance payment made pursuant to Section 7(d)(Aparagraph 7(c).

Appears in 2 contracts

Samples: Contingent Employment Agreement (Manitowoc Co Inc), Contingent Employment Agreement (Manitowoc Co Inc)

Noncompetition Period. For purposes of this paragraph 11, the term “Noncompetition Period” shall mean means the period commencing beginning on the Effective Date and continuing until (i) nine (9) months following effective date of the termination of Employee’s employment with Employer, unless clause the Company and continuing for (iii) appliesthe lesser of two years or the unexpired term of the Employment Period in the case of a severance payment made pursuant to paragraph 7(c), or (ii) if applicable, two years in the last day case of the Severance Period a severance payment made pursuant to Section 7(d)(Aparagraph 7(d).

Appears in 2 contracts

Samples: Contingent Employment Agreement (Manitowoc Co Inc), Contingent Employment Agreement (Manitowoc Co Inc)

Noncompetition Period. For purposes of this paragraph 11, the term “Noncompetition Period” shall mean means the period commencing beginning on the Effective Date and continuing until (i) nine (9) months following effective date of the termination of Employee’s employment with Employer, unless clause the Company and continuing for (iii) appliesthe lesser of two years or the unexpired term of the Employment Period in the case of a severance payment made pursuant to paragraph 7(b), or (ii) if applicable, two years in the last day case of the Severance Period a severance payment made pursuant to Section 7(d)(Aparagraph 7(c).

Appears in 1 contract

Samples: Contingent Employment Agreement (Manitowoc Co Inc)

Noncompetition Period. “Noncompetition Period” shall mean the period commencing on the Effective Date and continuing until (i) nine (9) months one year following termination of Employee’s employment with Employer, unless clause (ii) applies, or (ii) if applicable, the last day of the Severance Period pursuant to Section 7(d)(A).

Appears in 1 contract

Samples: Employment Agreement (Targacept Inc)

Noncompetition Period. For purposes of this paragraph 11, the term “Noncompetition Period” shall mean means the period commencing beginning on the Effective Date and continuing until (i) nine (9) months following effective date of the termination of Employee’s employment with Employer, unless clause (ii) applies, or (ii) if applicable, the last day Company and continuing for the unexpired term of the Severance Employment Period in the case of a severance payment made pursuant to Section 7(d)(Aparagraph 7(b).

Appears in 1 contract

Samples: Contingent Employment Agreement (Manitowoc Co Inc)

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Noncompetition Period. For purposes of this paragraph 11, the term “Noncompetition Period” shall mean means the period commencing beginning on the Effective Date and continuing until (i) nine (9) months following effective date of the termination of Employee’s employment with Employer, unless clause the Company and continuing for (iii) appliesthe lesser of three years or the unexpired term of the Employment Period in the case of a severance payment made pursuant to paragraph 7(b), or (ii) if applicable, three years in the last day case of the Severance Period a severance payment made pursuant to Section 7(d)(Aparagraph 7(c).. (c)

Appears in 1 contract

Samples: www.sec.gov

Noncompetition Period. For purposes of this Section D "Noncompetition Period" shall mean the period commencing on the Effective Date and continuing until (i) nine (9) months following date of termination of Employee’s employment with Employer, unless clause (iibut only following a Change of Control) applies, or (ii) if applicable, the last day of the Severance Period pursuant to Section 7(d)(A)and ending twelve months thereafter.

Appears in 1 contract

Samples: Change of Control and Noncompetition Agreement (Culp Inc)

Noncompetition Period. For purposes of this paragraph 11, the term “Noncompetition Period” shall mean means the period commencing beginning on the Effective Date and continuing until (i) nine (9) months following effective date of the termination of Employee’s employment with Employer, unless clause the Company and continuing for (iii) appliesthe lesser of years or the unexpired term of the Employment Period in the case of a severance payment made pursuant to paragraph 7(b), or (ii) if applicable, years in the last day case of the Severance Period a severance payment made pursuant to Section 7(d)(Aparagraph 7(c).

Appears in 1 contract

Samples: Contingent Employment Agreement (Manitowoc Foodservice, Inc.)

Noncompetition Period. “Noncompetition Period” shall mean the period commencing on the Effective Date and continuing until (i) nine (9) months one year following termination of Employeethis Agreement with the exception of Employer’s employment with Employer, unless clause (ii) applies, termination of Employee for disability as described in Section 6 or (ii) if applicable, the last day of the Severance Period pursuant to for termination without just cause as described in Section 7(d)(A7(b).

Appears in 1 contract

Samples: Employment Agreement (Femasys Inc)

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