Obligation Not to Compete. Employee hereby agrees that while he is employed by Company (the "Restricted Period"), Employee shall within the territory of the United States not engage in or provide services to any business that is competitive with or detrimental to any present or contemplated business of Company known to Employee. Employee also agrees that, during the Restricted Period, he shall not in any manner attempt to induce or assist others to attempt to induce any customer or client of Company to terminate his association with Company, nor do anything directly or indirectly to interfere with the relationship between Company and any such persons or concerns in the territory of the United States. Each of the following activities shall, without limitation, be deemed to constitute engaging in business within the meaning of Section 3 and 4: to engage in, work with, have an interest or concern in, advise, lend money to, guarantee the debts or obligations of, or permit one's name or any party thereof to be used in connection with, an enterprise of endeavor, either individually, in partnership or in conjunction with any person or persons, firms, associations, companies or corporations, whether as a principal, agent, shareholder, employee, officer, director, partner, consultant or in any other manner whatsoever; provided, however, that Employee shall retain the right to invest in or have an interest in entities traded on any public market or offered by any national brokerage house, provided that said interest does not exceed ten percent (10%) of the voting control of said entity. In addition, Employee may make passive investments in privately held entities that are determined by the Board of Directors of Company not to be competitors of Company. Company may elect to extend the term of this non-competition clause for a maximum period of six months following the termination according to Section 8.1. (b) and 8.1.
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Samples: Employment Agreement (Ameriquest Technologies Inc), Employment Agreement (Ameriquest Technologies Inc)
Obligation Not to Compete. Employee hereby agrees that while he is employed by Company (the "Restricted Period"), Employee shall within the territory of the United States not engage in or provide services to any business that is competitive with or detrimental to any present or contemplated business of Company known to Employee. Employee also agrees that, during the Restricted Period, he shall not in any manner attempt to induce or assist others to attempt to induce any customer or client of Company to terminate his association with Company, nor do anything directly or indirectly to interfere with the relationship between Company and any such persons or concerns in the territory of the United States. Each of the following activities shall, without limitation, be deemed to constitute engaging in business within the meaning of Section 3 and 4this Section: to engage in, work with, have an interest or concern in, advise, lend money to, guarantee the debts or obligations of, or permit one's name or any party thereof to be used in connection with, an enterprise of or endeavor, either individually, in partnership partnership, or in conjunction with any person or persons, firms, associations, companies companies, or corporations, whether as a principal, agent, shareholder, . employee, officer, director, partner, consultant or in any other manner whatsoever; provided, however, that Employee shall retain the right to invest in or have an interest in entities traded on any public market or offered by any national brokerage house, provided that said interest does not exceed ten one percent (101%) of the voting control of said entity. In addition, Employee may make passive investments in privately held entities that are determined by the Board of Directors of Company not to be competitors of Company. Company may elect to extend the term of this non-competition clause for a maximum period of six months month following the termination according to Section 8.1. (b8.1.(b)and 8.1(c) and 8.1provided that a monthly fee in the amount of the last applicable monthly base salary is paid to Employee.
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Obligation Not to Compete. Employee hereby agrees that (a) while he is ------------------------- employed by the Company and (b) during any additional period, not to extend beyond two (2) years after the Effective Date, during which the Company pays Employee his salary under Section 6.1 below whether or not other provisions of this Agreement may have been terminated, (the "Restricted Period"), Employee ----------------- shall within the territory of the United States not engage in or provide services to any business that is competitive with or detrimental to any present or contemplated business of the Company known to EmployeeEmployee in any geographic area where the Company engages in its business or maintains sales or service representatives or employees. Employee also agrees that, during the Restricted Period, he shall not in any manner attempt to induce or assist others to attempt to induce any customer or client of the Company to terminate his association with the Company, nor do anything directly or indirectly to interfere with the relationship between the Company and any such persons or concerns in the territory of the United Statesconcerns. Each of the following activities shall, without limitation, be deemed to constitute engaging in business within the meaning of this Section 3 and 4: to engage in, work with, have an interest or concern in, advise, lend money to, guarantee the debts or obligations of, or permit one's name or any party thereof to be used in connection with, an enterprise of or endeavor, either individually, in partnership partnership, or in conjunction with any person or persons, firms, associations, companies companies, or corporations, whether as a principal, agent, shareholder, employee, officer, director, partner, consultant or in any other manner whatsoever; provided, however, that Employee shall retain -------- ------- the right to invest in or have an interest in entities traded on any public market or offered by any national brokerage house, provided that said interest does not exceed ten one percent (101%) of the voting control of said entity. In addition, Employee may make passive investments in privately held entities that are determined by the Board of Directors of Company not to be competitors of Company. Company may elect to extend the term of this non-competition clause for a maximum period of six months following the termination according to Section 8.1. (b) and 8.1.
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Samples: Agreement and Plan of Reorganization (Cooper & Chyan Technology Inc)
Obligation Not to Compete. Employee hereby agrees that while he ------------------------- is employed by Company (the "Restricted Period"), Employee shall within the territory of the United States not engage in ----------------- or provide services to any business that is competitive with or detrimental to any present or contemplated business of Company known to Employee. Employee also agrees that, during the Restricted Period, he shall not in any manner attempt to induce or assist others to attempt to induce any customer or client of Company to terminate his association with Company, nor do anything directly or indirectly to interfere with the relationship between Company and any such persons or concerns in the territory of the United Statesconcerns. Each of the following activities shall, without limitation, be deemed to constitute engaging in business within the meaning of this Section 3 and 43: to engage in, work with, have an interest or concern in, advise, lend money to, guarantee the debts or obligations of, or permit one's name or any party thereof to be used in connection with, an enterprise of or endeavor, either individually, in partnership partnership, or in conjunction with any person or persons, firms, associations, companies companies, or corporations, whether as a principal, agent, shareholder, employee, officer, director, partner, consultant or in any other manner whatsoever; provided, however, that Employee shall retain the right to -------- ------- invest in or have an interest in entities traded on any public market or offered by any national brokerage house, provided that said interest does not exceed ten one percent (101%) of the voting control of said entity. In addition, Employee may make passive investments in privately held entities that are determined by the Board of Directors of Company not to be competitors of Company. Company may elect to extend the term of this non-competition clause for a maximum period of six months following the termination according to Section 8.1. (b) and 8.1.
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Obligation Not to Compete. Employee hereby agrees that while he ------------------------- is employed by Company (the "Restricted Period"), Employee shall within the territory of the United States not engage in ----------------- or provide services to any business that is competitive with or detrimental to any present or contemplated business of Company known to Employee. Employee also agrees that, during the Restricted Period, he shall not in any manner attempt to induce or assist others to attempt to induce any customer or client of Company to terminate his association with Company, nor do anything directly or indirectly to interfere with the relationship between Company and any such persons or concerns in the territory of the United Statesconcerns. Each of the following activities shall, without limitation, be deemed to constitute engaging in business within the meaning of this Section 3 and 43: to engage in, work with, have an interest or concern in, advise, lend money to, guarantee the debts or obligations of, or permit one's name or any party thereof to be used in connection with, an enterprise of or endeavor, either individually, in partnership partnership, or in conjunction with any person or persons, firms, associations, companies companies, or corporations, whether as a principal, agent, shareholder, 1 employee, officer, director, partner, consultant or in any other manner whatsoever; provided, however, that Employee shall retain the right to -------- ------- invest in or have an interest in entities traded on any public market or offered by any national brokerage house, provided that said interest does not exceed ten one percent (101%) of the voting control of said entity. In addition, Employee may make passive investments in privately held entities that are determined by the Board of Directors of Company not to be competitors of Company. Company may elect to extend the term of this non-competition clause for a maximum period of six months following the termination according to Section 8.1. (b) and 8.1.
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Obligation Not to Compete. Employee hereby agrees that while he is ------------------------- employed by Company (the "Restricted Period"), Employee shall within the territory of the United States not engage in or ----------------- provide services to any business outside of the Computer 2000 group of companies that is competitive with or detrimental to any present or contemplated business of the Company known to Employee. Employee also agrees that, during the Restricted Period, he shall not in any manner attempt to induce or assist others to attempt to induce any customer or client of Company to terminate his association with Company, nor do anything directly or indirectly to interfere with the relationship between Company and any such persons or concerns in the territory of the United Statesconcerns. Each of the following activities shall, without limitation, be deemed to constitute engaging in business within the meaning of this Section 3 and 43: to engage in, work with, have an interest or concern in, advise, lend money to, guarantee the debts or obligations of, or permit one's name or any party thereof to be used in connection with, an enterprise of or endeavor, either individually, in partnership partnership, or in conjunction with any person or persons, firms, associations, companies companies, or corporations, whether as a principal, agent, shareholder, employee, officer, director, partner, consultant or in any other manner whatsoever; provided, -------- however, that Employee shall retain the right to invest in or have an interest ------- in entities traded on any public market or offered by any national brokerage house, provided that said interest does not exceed ten one percent (101%) of the voting control of said entity. In addition, Employee may make passive investments in privately held entities that are determined by the Board of Directors of Company not to be competitors of Company. Company may elect to extend the term of this non-competition clause for a maximum period of six months following the termination according to Section 8.1. (b) and 8.1.
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Obligation Not to Compete. Employee hereby agrees that while he is employed by Company (the "Restricted Period"), Employee shall within the territory of the United States not engage in or provide services to any business that is competitive with or detrimental to any present or contemplated business of Company known to Employee. Employee also agrees that, during the Restricted Period, he shall not in any manner attempt to induce or assist others to attempt to induce any customer or client of Company to terminate his association with Company, nor do anything directly or indirectly to interfere with the relationship between Company and any such persons or concerns in the territory of the United States. Each of the following activities shall, without limitation, be deemed to constitute engaging in business within the meaning of Section 3 and 4this Section: to engage in, work with, have an interest or concern in, advise, lend money to, guarantee the debts or obligations of, of or permit one's name or any party thereof to be used in connection with, an enterprise of or endeavor, either individually, in partnership partnership, or in conjunction with any person or persons, firms, associations, companies companies, or corporations, whether as a principal, agent, shareholder, employee, officer, director, partner, consultant or in any other manner whatsoever; , provided, however, that Employee shall retain the right to invest in or have an interest in entities traded on any public market or offered by any national brokerage house, provided that said interest does not exceed ten one percent (101%) of the voting control of said entity. In addition, Employee may make passive investments in privately held entities that are determined by the Board of Directors of Company not to be competitors of Company. Company may elect to extend the term of this non-competition clause for a maximum period of six months month following the termination according to Section 8.1. (b7.1.(b) and 8.17.1(c) provided that a monthly fee in the amount of the last applicable monthly base salary is paid to Employee.
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