Protection of Company Interests. (a) The Officer acknowledges that in the course of his employment by the Company he will receive, obtain or develop certain trade secrets, programs, geologic, geophysical, engineering and exploration data, lists of investors, customers and business contacts and other confidential information relating to the Company's business. The Officer understands that such information is confidential and agrees not to reveal such information and knowledge to anyone outside the Company or use the information in competing with the Company for his own benefit for the term of such employment. Upon termination of employment, the Officer shall surrender to the Company all papers, documents, writings, work product and other property produced by him or coming into his possession during the Term of such employment. The Officer agrees that all such material will at all times remain the property of the Company.
(b) The Officer further understands and agrees that:
(i) Prior to the Date of Termination, except in the performance of his duties for the Company, the Officer will not directly or indirectly, individually or as an agent, officer or employee of another, participate in or otherwise be involved in (aa) the review, interpretation or evaluation of geological or geophysical data pertaining to, (bb) the negotiation, acquisition, or disposition of, or (cc) the supervision of the development of, in each case, Prospects identified or generated by the Company's Gulf Coast exploration team during the Term of this Agreement; and
(ii) After the Date of Termination, the Officer shall be released of the foregoing covenant as to all areas, including but not limited to the Gulf region, of the continental United States which are not designated by the parties as "Reserved Prospects" in the following manner. The Officer shall submit to the Company a list of all Prospects identified or generated by the Company's Gulf Coast team during the Term of this Agreement which have not been either acquired or rejected for acquisition by the Company, and the Company will either approve such list within 30 days of submittal or 30 days after the Date of Termination, whichever last occurs, or within such period notify the Officer of any additions to, subtractions from, or other proposed changes to such list. As to those Reserved Prospects to which the parties agree, the Officer will not directly or indirectly, individually or as an agent, officer or employee of or advisor to another undertake any action for...
Protection of Company Interests. 10.1 Non-Competition/Non-Solicitation The Consultant will not, either while providing Services to the Company or for a period of one (1) year subsequent to the termination or expiration of this Agreement, for any reason, without the Company's prior written consent, either as an individual, or in conjunction with any other person, xxxx, corporation, or other entity, whether acting as a principal, agent, employee, consultant, or in any capacity whatsoever:
(a) engage in or in any way be concerned with any business or enterprise relating to the business of the Company within the territory of Canada and the U.S.;
(b) solicit, attempt to solicit, call upon, or accept the business of any finn, person or company who is or was a customer, client, supplier or distributor of the Company;
(c) take advantage of, derive a benefit or otherwise profit from any business opportunities that the Consultant became aware of in the course of providing Services to the Company even if the Company does not take advantage of or exploit such opportunities;
(d) take any action as a result of which relations between the Company and its customers, clients, suppliers, distributors, employees or others may be impaired or which might otherwise be detrimental to the business interests or reputation of the Company;
(e) solicit, attempt to solicit, or communicate in any way with any employees or consultants of the Company for the purpose of having such employees or consultants employed or in any way engaged by another person, firm, corporation, or other entity; or
Protection of Company Interests. As a Company employee, you will be expected to sign and comply with the Company's standard Proprietary Information and Inventions Agreement which, among other things, prohibits unauthorized use or disclosure of Company proprietary information and which prohibits, without the express written consent of a duly authorized officer of the Company, engagement in any employment or business activity other than for the Company. At-Will Employment. Your employment with the Company is at-will. This means that you may resign your employment at any time simply by notifying the Company. Likewise, the Company may terminate your employment relationship at any time and for any reason whatsoever, with or without cause or advanced notice, simply by notifying you. This at-will employment relationship cannot be changed except in a writing signed by a duly authorized officer of the Company.
Protection of Company Interests. As a condition of the mutual promises and agreements set forth herein, you and the Company expressly acknowledge and agree to the terms of this Section 3.
Protection of Company Interests
