Permitted Competition Sample Clauses

Permitted Competition. Notwithstanding Section 9.1 above, nothing herein shall prohibit the Vendor or its Affiliates from:
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Permitted Competition. Notwithstanding anything to the contrary, Xxxxxxx will be permitted to, directly or indirectly, acquire the assets or business of FENCEmaster. Provided, that during the term of this Agreement, if such entity requires steel tube products to be purchased from third parties for use in its kennel assembly business, Xxxxxxx will cause such entity to purchase its steel tube products requirements from Buyer, up to the dollar volume of products purchased by FENCEmaster from Buyer, including any affiliates of Buyer, and Seller in the twelve (12) months prior to Xxxxxxx'x acquisition (subject to adjustment if necessitated by a downturn in business). Buyer will sell such steel tube products to Xxxxxxx'x entity at the then prevailing market prices and service terms, and the products will be of the quality consistent with the quality of products historically provided to FENCEmaster. This requirements provision shall not be construed as requiring such entity to purchase any specific volume of steel tube products from Buyer unless such products are required or needed in such entity's business following Xxxxxxx'x acquisition. Xxxxxxx agrees that he will not produce steel tube in connection with the acquisition FENCEmaster or the operation of its business thereafter.
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Permitted Competition. Nothing herein shall prohibit MFI or its Affiliates from:
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Permitted Competition. Notwithstanding the covenants set out in Section 6.2(1), each the Founding Investor Shareholder and his respective Affiliates shall be entitled to:
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Permitted Competition. Notwithstanding the provisions of SECTION 10.4.1 to the contrary, Jack Xxxxxxx xxx sell by mail order, television or telemarketing activities, premium die cast vehicles directly to consumers who are end-users of the products
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Permitted Competition. Notwithstanding anything in this Agreement to the contrary, it is agreed that Selling Parties and STI may (a) use the technology covered by the Shared Use Patent to design, develop, manufacture, market, distribute or sell passenger seats for use in the military aviation business or executive helicopter and the general aviation markets, as more fully provided in the Patent License Agreement, (b) design, develop, manufacture, market, distribute or sell any products not utilizing the technology covered by the Shared Use Patent for use in the Business Jet Market, and (c) complete a certain amended purchase order dated December 21, 1999 issued to STI by Britax Contours for four hundred and seventy (470) 16G load limiting energy absorber devices for installation in said customer's commercial airline aircraft passenger seats. it is agreed that said Britax order shall be completed no later than september 30, 2000. STI shall be solely responsible for resolving all warranty and other claims that may arise out of said Britax order. STI shall not accept any additional follow-up orders for such devices from Britax Contours.
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Permitted Competition. 35 15.2 Judicial Reformation...................................................... 35 15.3 Customer Lists; Non-Solicitation.......................................... 36 15.4
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Permitted Competition. Notwithstanding anything to the contrary in this Section 15, in the event that the Rush Parties do not assume any contract, repurchase agreement, recourse retail installment contracts, guaranteed buyback contracts, or similar undertaking, including the repurchase obligations set forth on Schedule 15.1(b), then Seller, after repurchasing such equipment or machinery from a customer, shall be entitled to re-sell or otherwise dispose of such equipment or machinery to any customer, person or buyer in Michigan, Texas or elsewhere, on such terms as Seller may deem appropriate and Seller shall retain 100% of the proceeds from the sale or disposition of such equipment and machinery.
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Related to Permitted Competition

  • No Competition Employee's employment is subject to the condition that during the term of his employment hereunder and for the period specified in paragraph 8(c) below, Employee shall not, directly or indirectly, own, manage, operate, control or participate in the ownership, management, operation or control of, or be connected as an officer, employee, partner, director, individual proprietor, lender, consultant or otherwise with, or have any financial interest in, or aid or assist anyone else in the conduct of, any entity or business (a "Competitive Operation") which competes in the banking industry or with any other business conducted by Employer or by any group, affiliate, division or subsidiary of Employer, in the states of New York and Pennsylvania. Employee shall keep Employer fully advised as to any activity, interest, or investment Employee may have in any way related to the banking industry. It is understood and agreed that, for the purposes of the foregoing provisions of this paragraph, (i) no business shall be deemed to be a business conducted by Employer or any group, division, affiliate or subsidiary of Employer unless 5% or more of Employer's consolidated gross sales or operating revenues is derived from, or 5% or more of Employer's consolidated assets are devoted to, such business; (ii) no business conducted by any entity by which Employee is employed or in which he is interested or with which he is connected or associated shall be deemed competitive with any business conducted by Employer or any group, division or subsidiary of Employer unless it is one from which 2% or more of its consolidated gross sales or operating revenues is derived, or to which 2% or more of its consolidated assets are devoted; and (iii) no business which is conducted by Employer at the Date of Termination and which subsequently is sold by Employer shall, after such sale, be deemed to be a Competitive Operation within the meaning of this paragraph. Ownership of not more than 5% of the voting stock of any publicly held corporation shall not constitute a violation of this paragraph.

  • Indirect Competition Employee further agrees that, during the Term and the Non-Compete Period, he will not, directly or indirectly, assist or encourage any other person in carrying out, direct or indirectly, any activity that would be prohibited by the above provisions of this Section 6 if such activity were carried out by Employee, either directly or indirectly; and in particular Employee agrees that he will not, directly or indirectly, induce any employee of the Company to carry out, directly or indirectly, any such activity.

  • Confidential Information Non Competition (a) The Executive shall hold in a fiduciary capacity for the benefit of the Company all secret or confidential information, knowledge or data relating to the Company or any of its Affiliated Companies, and their respective businesses, which shall have been obtained by the Executive during the Executive's employment by the Company or any of its Affiliated Companies and which shall not be or become public knowledge (other than by acts by the Executive or representatives of the Executive in violation of this Agreement). After termination of the Executive's employment with the Company, the Executive shall not, without the prior written consent of the Company or as may otherwise be required by law or legal process, communicate or divulge any such information, knowledge or data to anyone other than the Company and those designated by it. In no event shall an asserted violation of the provisions of this Section 9 constitute a basis for deferring or withholding any amounts otherwise payable to the Executive under this Agreement.

  • Confidential Information and Non-Competition 10. In exchange for the mutual promises and obligations contained in this Agreement, and contemporaneous with its execution or soon thereafter, Employer promises to deliver to Executive or permit Executive to acquire, be exposed to, and/or have access to material, data, and information of the Company and/or its customers or clients that is confidential, proprietary and/or a trade secret (“Confidential Information”). At all times, both during and after the termination of employment, the Executive shall keep and retain in confidence and shall not disclose, except as required in the course of the Executive’s employment with the Company, to any person, firm or corporation, or use for the Executive’s own purposes, any Confidential Information. For the purposes of this Paragraph, such information shall include, but is not limited to:

  • Competition By accepting this Contract, Contractor agrees that no collusion or other restraint of free competitive bidding, either directly or indirectly, has occurred in connection with this award by the Division of Purchases.

  • Unfair Competition I acknowledge that the Company has a compelling business interest in preventing unfair competition stemming from the intentional or inadvertent use or disclosure of the Company’s Trade Secret and Proprietary Information and Company Property.

  • Noncompetition; Nonsolicitation (a) The Executive acknowledges that in the course of his employment with the Company pursuant to this Agreement he will become familiar, and during the course of his employment by the Company or any of its subsidiaries or affiliates or any predecessor thereof prior to the date of this Agreement he has become familiar, with trade secrets and customer lists of and other confidential information concerning the Company and its subsidiaries and affiliates and predecessors thereof and that his services have been and will be of special, unique and extraordinary value to the Company.

  • Noncompetition Nonsolicitation and Nondisparagement The Executive acknowledges and agrees with the Company that, during the course of the Executive's employment with the Company, the Executive has had and will continue to have the opportunity to develop relationships with existing employees, customers and other business associates of the Company, which relationships constitute goodwill of the Company, and the Executive acknowledges and agrees that the Company would be irreparably damaged if the Executive were to take actions that would damage or misappropriate such goodwill. The Executive accordingly covenants and agrees as follows:

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