POST TERMINATION LIMITATIONS Sample Clauses

POST TERMINATION LIMITATIONS. For a period of one year after termination of this Agreement, Broker-Dealer, Agency and Producers shall not knowingly induce or cause, or attempt to induce or cause, any systematic effort to recommend, promote, encourage or endorse the replacement, surrender, or cancellation of any Product sold under this Agreement or any prior agreement between or among Company and any of Broker-Dealer, Agency, or Producer (or any affiliates, predecessors, successors or assigns of Broker-Dealer, Agency or Producer) or provide data including Confidential Contract owner Information as defined by Section 11.2 of this Agreement to any person or organization that would allow or facilitate replacement, surrender or cancellation of Products.
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POST TERMINATION LIMITATIONS. For a period of eighteen (18) months following any termination or expiration of this Agreement (other than a termination arising from a material breach by the other party), each party agrees to continue to market and distribute the Network Applications and Server Software in a manner generally consistent with the manner in which such Network Applications and Server Software were marketed and distributed by such party during the term of this Agreement, and each party agrees not to sell or dispose of all or substantially all of its respective rights in such software during such eighteen (18) month period, provided that this Section shall not be deemed to limit or prohibit either party from selling or disposing of such rights in connection with a merger or sale of assets in which a third party acquires or succeeds to all or substantially all of such party's assets, including such rights.
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POST TERMINATION LIMITATIONS. The term “Restricted Period” as defined in Section 1.39 of the Employment Agreement shall be deleted and replaced with the following:
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POST TERMINATION LIMITATIONS. Upon termination of this agreement for any reason, it is agreed as follows: ♦ Except as provided in Section B paragraph 2 of Addendum A (Compensation Agreement), all rights to commissions of any nature, and all books, records, policies and documents relating to the business of LEGACY shall remain the property of LEGACY. ♦ Except as provided in Section B paragraph 2 of Addendum A (Compensation Agreement), for a period of two years after termination of this agreement for any reason including, but not limited to, involuntary termination without cause, BROKER shall not, directly or indirectly, contact the customers, clients, policyholders or prospects of LEGACY regardless of whether BROKER was the agent servicing the customer, client or policyholder during his/her engagement with LEGACY, for the purpose of inducing the LEGACY client to lapse, cancel, fail to renew or replace any policy or otherwise not procure insurance coverage from LEGACY. Also, during the two year period following termination of this agreement for any reason including, but not limited to, involuntary termination without cause, LEGACY shall not, directly or indirectly, contact the customers, clients, policyholders or prospects of BROKER regardless of whether LEGACY was the agent servicing the customer, client or policyholder during his/her engagement with BROKER, for the purpose of inducing the BROKER client to lapse, cancel, fail to renew or replace any policy or otherwise not procure insurance coverage from BROKER. The parties agree that a violation of this covenant shall result in irreparable harm to both BROKER and/or LEGACY so that in addition to monetary damages BROKER and/or LEGACY shall be entitled to injunctive relief. ♦ Both parties, by making the foregoing covenants, agree that the limitations within which each shall be restricted from competing with each other are reasonable. In the event a court determines that the scope of this restriction and/or the period of time are unreasonable, then this agreement shall be deemed automatically amended so that the scope and/or period of time will be reduced to a maximum scope and/or period of time which is reasonable. ♦ For purposes of this Section III G, a “prospect” is defined as any client or potential client with which either party has had business contact within the preceding two years for the purpose of currently or prospectively securing its insurance business whether or not such client or potential client is currently included in th...
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POST TERMINATION LIMITATIONS. Upon termination of this Agreement, Company's obligation to pay commissions to General Agent, General Agent's Broker or Producers shall immediately cease except as otherwise provided in this Agreement; provided:
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POST TERMINATION LIMITATIONS. Upon termination of this Agreement, Company's obligation to pay commissions to MGA, MGA's Broker, or Producers shall immediately cease; provided:
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Related to POST TERMINATION LIMITATIONS

  • Post-Termination Benefits If the Executive's employment shall be terminated for any reason following a Change in Control and during the Term, the Company shall pay to the Executive the Executive's normal post-termination compensation and benefits as such payments become due. Such post-termination compensation and benefits shall be determined under, and paid in accordance with, the Company's retirement, insurance and other compensation or benefit plans, programs and arrangements as in effect immediately prior to the Date of Termination or, if more favorable to the Executive, as in effect immediately prior to the occurrence of the first event or circumstance constituting Good Reason.

  • Post-Termination Period Because of the difficulty of establishing when any idea, process or invention is first conceived or developed by the Employee, or whether it results from access to Confidential Information or the Company’s equipment, facilities, and data, the Employee agrees that any idea, invention, research, plan for products or services, marketing plan, computer software (including, without limitation, source code), computer program, original work of authorship, character, know-how, trade secret, information, data, developments, discoveries, technology, algorithm, design, patent or copyright, or any improvement, rights, or claims relating to the foregoing, shall be presumed to be an Invention if it is conceived, developed, used, sold, exploited or reduced to practice by the Employee or with the aid of the Employee within one (1) year after termination of employment. The Employee can rebut the above presumption if he proves the idea, process or invention (i) was first conceived or developed after termination of employment, (ii) was conceived or developed entirely on the Employee’s own time without using the Company’s equipment, supplies, facilities, personnel or Confidential Information, and (iii) did not result from or is not derived directly or indirectly, from any work performed by the Employee for the Company or from work performed by another employee of the Company to which the Employee had access.

  • Post Termination After the Employee has terminated their employment with the Employer, the Employee shall be bound to Section XII of this Agreement for a period of ☐ Months ☐ Years (“Confidentiality Term”). If the Confidentiality Term is beyond any limit set by local, State, or Federal laws, then the Confidentiality Term shall be the maximum allowed legal time-frame.

  • Post-Termination Restrictions 1.1 For the purposes of Clause 1.2 below, the following words shall have the following meanings:

  • Post Termination Covenants The Employee acknowledges and agrees that the Proprietary Products are the exclusive and valuable property of the Company and may not be used by the Employee for any purpose of any kind, directly or indirectly, except during the term of this Agreement for the sole and exclusive benefit of the Company in his capacity as an employee of the Company and that the success of the Company depends on the Employee’s observance of his covenants in this Section 9.

  • Other Termination Benefits In addition to any amounts or benefits payable upon a Termination of Employment hereunder, Executive shall, except as otherwise specifically provided herein, be entitled to any payments or benefits provided under the terms of any plan, policy or program of the Company in which Executive participates or as otherwise required by applicable law.

  • Termination Benefits (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

  • Post-Termination Exercise Period Subject to the expiration dates and other terms of the applicable stock option agreements, the Participant may elect to have the right to exercise any outstanding incentive stock options and nonqualified stock options granted prior to the Termination Date to the Participant under the Company's 1984 Long-Term Executive Compensation Plan, its 1993 Long-Term Executive Compensation Plan, or any successor plan to its 1993 Long-Term Executive Compensation Plan that are vested as of the Termination Date (or, if later, the Release Date), whether due to the operation of Section 6(a), above, or otherwise, at any time during the Severance Period and, except in the event that the Severance Period terminates pursuant to Section 8(a), for a period up to 3 months after the end of the Severance Period (notwithstanding Section 8). Any such election shall apply to all outstanding incentive stock options and nonqualified stock options, will be irrevocable and must be made in writing and delivered to the Plan Administrator on or before the later of the Termination Date or Release Date. If the Participant fails to make an election, the Participant's right to exercise such options will expire 3 months after the Termination Date.

  • Benefits Termination Except for any right the Executive may have under the federal law known as “COBRA” or other applicable law to continue participation in the Company’s group health and dental plans at his cost, the Executive’s participation in all employee benefit plans shall terminate in accordance with the terms of the applicable benefit plans based on the date of termination of his employment, without regard to any continuation of the Base Salary or other payment to the Executive following termination of his employment, and the Executive shall not be eligible to earn vacation or other paid time off following the termination of his employment.

  • Compensation Following Termination In the event that Executive’s employment hereunder is terminated, Executive shall be entitled only to the following compensation and benefits upon such termination:

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