Common use of Period of Covenant Clause in Contracts

Period of Covenant. The term of the noncompetition covenant shall be for the period beginning as of the date hereof and ending the later of either (i) four (4) years from the date hereof, or (ii) the date Employee's employment with Employer is terminated (the "Noncompetition Period").

Appears in 2 contracts

Samples: Employment Agreement (Computer Network Technology Corp), Employment Agreement (Computer Network Technology Corp)

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Period of Covenant. The term of the following noncompetition covenant shall be for during the Employment Period and a period beginning as of two (2) years after the termination of the date hereof and ending the later of either (i) four (4) years from the date hereof, or (ii) the date Employee's employment with Employer Employment Period for any reason. Such period is terminated (hereinafter referred to as the "Noncompetition Period").

Appears in 1 contract

Samples: Executive Severance Agreement (Heafner Tire Group Inc)

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Period of Covenant. The term of the following noncompetition covenant shall be for during the Employment Period and a period beginning as of eighteen months after the termination of the date hereof and ending the later of either (i) four (4) years from the date hereof, or (ii) the date Employee's employment with Employer Employment Period for any reason. Such period is terminated (hereinafter referred to as the "Noncompetition Period").

Appears in 1 contract

Samples: Executive Severance Agreement (Heafner Tire Group Inc)

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