Common use of Noncompetition Provisions Clause in Contracts

Noncompetition Provisions. During his employment, and for a period of two years after the termination of his employment (the "Noncompete Term"), Employee shall not, directly or indirectly, whether as an employee, director, owner, 5% or greater stockholder, consultant, or partner (limited or general): (a) engage in or have any interest in, any business that competes with the business of the Company during such period, including the business of the Company or any of its subsidiaries, in any geographic location(s) in which the Company is conducting business during the Noncompete Term (the "Noncompete Area"). The Company may, in its sole discretion, give Employee written approval(s) to personally engage in any activity or render any services referred to in this Section 11 if the Company secures written assurances (satisfactory to the Company and its counsel) from Employee, or any prospective employer(s) of Employee, that the integrity of the Company's Confidential Information will not in any way be jeopardized by such activities, provided that the burden of so establishing the foregoing to the satisfaction of the Company and its counsel shall be upon Employee; (b) offer, within the Noncompete Area and during the Noncompete Term, any of the products or services similar or in competition with those offered by the Company; or (c) otherwise compete or interfere with the activities of the Company within the Noncompete Area and during the Noncompete Term.

Appears in 1 contract

Samples: Employment Agreement (Eworldmedia Holdings Inc)

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Noncompetition Provisions. During his employment, and for a period of two years six months after the termination of his employment (the "Noncompete Term"), Employee shall not, directly or indirectly, whether as an employee, director, owner, 5% or greater stockholder, consultant, or partner (limited or general): (a) engage in or have any interest in, any business that competes with the business of the Company during such period, including the business of the Company or any of its subsidiaries, in any geographic location(s) in which the Company is conducting business during the Noncompete Term (the "Noncompete Area"). The Company may, in its sole discretion, give Employee written approval(s) to personally engage in any activity or render any services referred to in this Section 11 if the Company secures written assurances (satisfactory to the Company and its counsel) from Employee, or any prospective employer(s) of Employee, that the integrity of the Company's Confidential Information will not in any way be jeopardized by such activities, provided that the burden of so establishing the foregoing to the satisfaction of the Company and its counsel shall be upon Employee; (b) offer, within the Noncompete Area and during the Noncompete Term, any of the products or services similar or in competition with those offered by the Company; or (c) otherwise compete or interfere with the activities of the Company within the Noncompete Area and during the Noncompete Term.

Appears in 1 contract

Samples: Employment Agreement (Eworldmedia Holdings Inc)

Noncompetition Provisions. During his employment, and for a period of two years one year after the termination of his employment (the "Noncompete Term"), Employee shall not, directly or indirectly, whether as an employee, director, owner, 5% or greater stockholder, consultant, or partner (limited or general): (a) engage in or have any interest in, any business that competes with the business of the Company during such period, including the business of the Company or any of its subsidiaries, in any the following geographic location(s) ): within fifty miles of any city in which the Company is conducting business during the Noncompete Term any major league baseball, football, basketball, or hockey team plays its games (the "Noncompete Area"). For the purposes of this subsection 11.1, the business of the Company shall be deemed to be limited to the publication and marketing of comic books, or the production and marketing of animated series, using professional athletes as superheroes. The Company may, in its sole discretion, give Employee written approval(s) to personally engage in any activity or render any services referred to in this Section 11 if the Company secures written assurances (satisfactory to the Company and its counsel) from Employee, or any prospective employer(s) of Employee, that the integrity of the Company's Confidential Information will not in any way be jeopardized by such activities, provided that the burden of so establishing the foregoing to the satisfaction of the Company and its counsel shall be upon Employee; (b) offer, within the Noncompete Area and during the Noncompete Term, any of the products or services similar or in competition with those offered by the Company; or (c) otherwise compete or interfere with the activities of the Company within the Noncompete Area and during the Noncompete Term.

Appears in 1 contract

Samples: Employment Agreement (Ultimate Sports Entertainment Inc)

Noncompetition Provisions. During his employment, and for a period of two years three (3) months after the termination of his employment (the "Noncompete Term"), Employee shall not, directly or indirectly, whether as an employee, director, owner, 5% or greater stockholder, consultant, or partner (limited or general): (a) engage in or have any interest in, any business that competes with the business of the Company during such period, including the business of the Company or any of its subsidiaries, in any geographic location(s) in which the Company is conducting business during the Noncompete Term (the "Noncompete Area"). The Company may, in its sole discretion, give Employee written approval(s) to personally engage in any activity or render any services referred to in this Section 11 if the Company secures written assurances (satisfactory to the Company and its counsel) from Employee, or any prospective employer(s) of Employee, that the integrity of the Company's Confidential Information will not in any way be jeopardized by such activities, provided that the burden of so establishing the foregoing to the satisfaction of the Company and its counsel shall be upon Employee; (b) offer, within the Noncompete Area and during the Noncompete Term, any of the products or services similar or in competition with those offered by the Company; or (c) otherwise compete or interfere with the activities of the Company within the Noncompete Area and during the Noncompete Term.

Appears in 1 contract

Samples: Employment Agreement (Eworldmedia Holdings Inc)

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Noncompetition Provisions. During his employment, and for a period of two years one year after the termination of his employment (the "Noncompete Term"), Employee shall not, directly or indirectly, whether as an employee, director, owner, 5% or greater stockholder, consultantemployee, or partner (limited or general): (a) engage in or have any interest in, any business that competes with the business of the Company during such period, including the business of the Company or (MCR Printing and Packaging and any of its subsidiariesbusiness related to packaging ), in any geographic location(s) in which the Company is conducting business during the Noncompete Term (the "Noncompete Area"). The Company may, in its sole discretion, give Employee written approval(s) to personally engage in any activity or render any services referred to in this Section 11 if the Company secures written assurances (satisfactory to the Company and its counsel) from Employee, or any prospective employer(s) of Employee, that the integrity of the Company's Confidential Information will not in any way be jeopardized by such activities, provided that the burden of so establishing the foregoing to the satisfaction of the Company and its counsel shall be upon Employee; (b) offer, within the Noncompete Area and during the Noncompete Term, any of the products or services similar or in competition with those offered by the Company; or (c) otherwise compete or interfere with the activities of the Company within the Noncompete Area and during the Noncompete Term.

Appears in 1 contract

Samples: Employment Agreement (Liberty Diversified Holdings Inc)

Noncompetition Provisions. During his employment, and for a period of two years six months after the termination of his employment (the "Noncompete Term"), Employee shall not, directly or indirectly, whether as an employee, director, owner, 5% or greater stockholder, consultant, or partner (limited or general): (a) engage in or have any interest in, any business that competes with the business of the Company during such period, including the business of the Company or any of its subsidiaries, in any geographic location(s) in which the Company is conducting business during the Noncompete Term (the "Noncompete Area"). The Company may, in its sole discretion, give Employee written approval(s) to personally engage in any activity or render any services referred to in this Section 11 10 if the Company secures written assurances (satisfactory to the Company and its counsel) from Employee, or any prospective employer(s) of Employee, that the integrity of the Company's Confidential Information will not in any way be jeopardized by such activities, provided that the burden of so establishing the foregoing to the satisfaction of the Company and its counsel shall be upon Employee; (b) offer, within the Noncompete Area and during the Noncompete Term, any of the products or services similar or in competition with those offered by the Company; or (c) otherwise compete or interfere with the activities of the Company within the Noncompete Area and during the Noncompete Term.

Appears in 1 contract

Samples: Employment Agreement (Eworldmedia Holdings Inc)

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