Common use of Nonsolicitation and Noncompete Clause in Contracts

Nonsolicitation and Noncompete. Employee hereby agrees that Employee will not, during the Term and for a period of one (1) year following the Term, either directly or indirectly, alone or in conjunction with any other party, on the North American continent: (a) solicit, divert or appropriate or attempt to solicit, divert or appropriate, any Customer for the purpose of providing the Customer with services or products competitive with those offered by Employer during the Term; or (b) solicit or attempt to solicit any officer, director, employee, consultant, contractor, agent, lessor, lessee, licensor, licensee, supplier or any shareholder of Employer or other personnel of Employer or any of its affiliates or subsidiaries to terminate, alter or lessen that party's affiliation with Employer or such affiliate or subsidiary or to violate the terms of any agreement or understanding between such employee, consultant, contractor or other person and Employer; or (c) engage in, as owner, stockholder, employee, partner, agent, representative or otherwise, or have an interest in (except for ownership of publicly trade securities representing not more than five percent (5%) of the outstanding voting shares), any business, firm, corporation or other entity in direct competition with the business of Employer. (i) Upon the conclusion of the Initial Term, if this Agreement is not renewed for a Successive Term, Employee may be engaged solely as an employee in any business, firm, corporation or other entity in direct competition with the business of Employer. Nothing contained in this Section 4 shall prohibit Employee from acquiring not more than five percent (5%) of any competitor of Employer whose common stock is publicly traded on a national securities exchange or in the over-the-counter market or from acquiring any percentage of any company which is non-competitive with Employer.

Nonsolicitation and Noncompete. Employee hereby agrees that Employee will not, during the Term and for a period of one six (16) year months following the Term, either directly or indirectly, alone or in conjunction with any other party, on the North American continent: (a) solicit, divert or appropriate or attempt to solicit, divert or appropriate, any Customer for the purpose of providing the Customer with services or products competitive with those offered by Employer during the Term; or (b) solicit or attempt to solicit any officer, director, employee, consultant, contractor, agent, lessor, lessee, licensor, licensee, supplier or any shareholder of Employer or other personnel of Employer or any of its affiliates or subsidiaries to terminate, alter or lessen that party's affiliation with Employer or such affiliate or subsidiary or to violate the terms of any agreement or understanding between such employee, consultant, contractor or other person and Employer; or (c) engage in, as owner, stockholder, employee, partner, agent, representative or otherwise, or have an interest in (except for ownership of publicly trade securities representing not more than five percent (5%) of the outstanding voting shares), any business, firm, corporation or other entity in direct competition with the business of Employer. (i) Upon the conclusion of the Initial Term, if this Agreement is not renewed for a Successive Term, Employee may be engaged solely as an employee in any business, firm, corporation or other entity in direct competition with the business without written permission of Employer. Nothing contained in this Section 4 shall prohibit Employee from acquiring not more than five percent (5%) of any competitor of Employer whose common stock is publicly traded on a national securities exchange or in the over-the-counter market or from acquiring any percentage of any company which is non-competitive with Employer. This Section 4 shall not apply if Employee is terminated by Employer without Cause or if Employee terminates this Agreement in accordance with the provision of section 2.l (iii) herein.

Nonsolicitation and Noncompete. Employee hereby agrees that Employee will not, during the Term and for a period of one (1) year following the Term, either directly or indirectly, alone or in conjunction with any other party, on the North American continent: (a) solicit, divert or appropriate appropriat or attempt to solicit, divert or appropriate, any Customer for the purpose of providing the Customer with services or products competitive with those offered by Employer during the Term; or (b) solicit or attempt to solicit any officer, director, employee, consultant, contractor, agent, lessor, lessee, licensor, licensee, supplier or any shareholder of Employer or other personnel of Employer or any of its affiliates or subsidiaries to terminate, alter or lessen that party's affiliation with Employer or such affiliate or subsidiary or to violate the terms of any agreement or understanding between such employee, consultant, contractor or other person and Employer; or (c) engage in, as owner, stockholder, employee, partner, agent, representative or otherwise, or have an interest in (except for ownership of publicly trade securities representing not more than five percent (5%) of the outstanding voting shares), any business, firm, corporation or other entity in direct competition with the business of Employer. (i) Upon . Notwithstanding the foregoing, upon the conclusion of the Initial Term or any Successive Term, if this Agreement is not renewed for a Successive TermTerm upon terms mutually acceptable to Employee and Employer, Employee may be engaged solely as an employee or consultant in any business, firm, corporation or other entity in direct competition with the business of Employer. Nothing contained in this Section 4 shall prohibit Employee from acquiring not more than five percent (5%) of any competitor of Employer whose common stock is publicly traded on a national securities exchange or in the over-the-counter market or from acquiring any percentage of any company which is non-competitive with Employer.