Common use of Post-Employment Activities Clause in Contracts

Post-Employment Activities. 7.1 For a period of two (2) years (or for a lesser period should the Company so determine) after the termination or expiration, for any reason, of your employment with the Company hereunder, absent the Company's prior written approval, you will not directly or indirectly engage in activities similar or reasonably related to those in which you shall have engaged hereunder during the two years immediately preceding termination or expiration for, nor render services similar or reasonably related to those which you shall have rendered hereunder during such two years to, any person or entity whether now existing or hereafter established which directly competes with (or proposes or plans to directly compete with) the Company ("Direct Competitor") in any line of business engaged in or under development by the Company. Nor shall you entice, induce or encourage any of the Company's other employees to engage in any activity which, were it done by you, would violate any provision of the Proprietary Information and Inventions Agreement or this Section 7 or to work with you in any other organization. As used in this Section 7.1, the term "any line of business engaged in or under development by the Company" shall be applied as at the date of termination of your employment, or, if later, as at the date of termination of any post-employment consultation.

Appears in 2 contracts

Samples: Key Employee Agreement (Applied Science & Technology Inc), Key Employee Agreement (Applied Science & Technology Inc)

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Post-Employment Activities. 7.1 For So long as the Company is not in breach of its obligations to you hereunder, for a period of two (2) years (or for a lesser period should the Company so determine) after the termination or expiration, for any reason, of your employment with the Company hereunder, absent the Company's prior written approval, you will not directly or indirectly engage in activities similar or reasonably related to those in which you shall have engaged hereunder during the two years immediately preceding termination or expiration for, nor render services similar or reasonably related to those which you shall have rendered hereunder during such two years to, any person or entity whether now existing or hereafter established which directly competes with (or proposes or plans to directly compete with) the Company ("Direct Competitor") in any line of business engaged in or under development by the Company. Nor shall you entice, induce or encourage any of the Company's other employees to engage in any activity which, were it done by you, would violate any provision of the Proprietary Information and Inventions Agreement or this Section 7 or to work with you in any other organization7. As used in this Section 7.1, the term "any line of business engaged in or under development by the Company" shall be applied as at the date of termination of your employment, or, if later, as at the date of termination of any post-employment consultation.

Appears in 1 contract

Samples: Exhibit 10f (National Datacomputer Inc)

Post-Employment Activities. 7.1 For a period of two three (23) years (or for a lesser period should the Company so determine) after the termination or expiration, for any reason, of your employment with the Company hereunder, absent the Company's Board of Directors' prior written approval, you will not directly or indirectly engage in activities similar or reasonably related to those described in which you shall have engaged hereunder during the two years immediately preceding termination or expiration forSection 4.2, nor render services similar or reasonably related to those which you shall have rendered hereunder during such two years to, any person or entity whether now existing or hereafter established which directly or indirectly competes with (or proposes or plans to directly compete with) the Company or its subsidiaries ("Direct Competitor") in any line of business engaged in or under development by the Company). Nor shall you entice, induce or encourage any of the Company's or its subsidiaries other employees to engage in any activity which, were it done by you, would violate any provision of the Proprietary Information and nor shall you entice, induce or encourage any of the Company's or its subsidiaries other employees to engage in any activity which, were it done by you, would violate any provision of the Proprietary Information and Inventions Agreement or this Section 7 or to work with you in any other organization7. As used in this Section 7.1Agreement, the term "any line of business engaged in or under demonstrable development by the Company" shall be applied as at the date of termination of your employment, or, if later, as at the date of termination of any post-employment consultation.

Appears in 1 contract

Samples: Key Employee Agreement (Global Sports Inc)

Post-Employment Activities. 7.1 For a period of two (2) years (or for a lesser period should the Company so determine) after the termination or expiration, for any reason, of your employment with the Company hereunder, absent the Company's prior written approval, you will not directly or indirectly engage in activities similar or reasonably related to those in which you shall have engaged hereunder during the two years immediately preceding termination or expiration for, nor render services similar or reasonably related to those which you shall have rendered hereunder during such two years to, any person or entity whether now existing or hereafter established which directly competes with (or proposes or plans to directly compete with) the Company ("Direct Competitor") in any line of business engaged in or under development by the Company. Nor shall you entice, induce or encourage any of the Company's other employees to engage in any activity which, were it done by you, would violate any provision of the Proprietary Information and Inventions Agreement or this Section 7 or to work with you in any other organization7. As used in this Section 7.1, the term "any line of business engaged in or under development by the Company" shall be applied as at the date of termination of your employment, or, if later, as at the date of termination of any post-employment consultation.

Appears in 1 contract

Samples: Key Employee Agreement (Applied Science & Technology Inc)

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Post-Employment Activities. 7.1 For So long as the Company is not in breach of its obligations to you hereunder, for a period of two (2) years (or for a lesser period should the Company so determine) after the termination or expiration, for any reason, of your employment with the Company hereunder, absent the Company's prior written approval, you will not directly or indirectly engage in activities similar or reasonably related to those in which you shall have engaged hereunder during the two years immediately preceding termination or expiration for, nor render services similar or reasonably related to those which you shall have rendered hereunder during such two years to, any person or entity whether now existing or hereafter established which directly competes with (or proposes or plans to directly compete with) the Company ("Direct Competitor") in any line of business engaged in or under development by the Company. Nor shall you entice, induce or encourage any of the Company's other employees to leave the Company's employ or engage in any activity which, were it done by you, would violate any provision of the Proprietary Information and Inventions Agreement or this Section 7 or to work with you in any other organization7. As used in this Section 7.1, the term "any line of business engaged in or under development by the Company" shall be applied as at the date of termination of your employment, or, if later, as at the date of termination of any post-employment consultation.

Appears in 1 contract

Samples: Key Employee Agreement (PLC Systems Inc)

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