Common use of Protective Covenant Clause in Contracts

Protective Covenant. The Executive acknowledges and agrees that should he accept a position (other than an officer whose function substantially relates to financial matters) of any business or organization where his duties, or those of others who report directly or indirectly to him, include any activities in the fields of electronically simulated trivia and sports games or interactive television efforts in the hospitality industry, which in the reasonable judgment of the Company is, or as a result of the Executive’s engagement or participation would become, directly competitive with any aspect of the business of the Company Group (a “Covered Position”), that such position would inevitably lead to a disclosure of Confidential Information in contravention of Section 6. Accordingly and without limiting the provisions of Section 6, the Executive agrees that during the Period of Employment, the Executive shall not accept employment in a Covered Position. The Executive expressly acknowledges and agrees that the foregoing restriction is reasonable and necessary in order to protect the Confidential Information of the Company Group.

Appears in 2 contracts

Samples: Employment Agreement (NTN Buzztime Inc), Employment Agreement (NTN Buzztime Inc)

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Protective Covenant. The Executive acknowledges and agrees that should he accept a position (other than an officer whose function substantially relates to financial matters) of any business or organization where his duties, or those of others who report directly or indirectly to him, include any activities in the fields of electronically simulated trivia and trivia, sports games or other interactive television efforts experiences (e.g., advertising, single player arcade games), or tableside order and payment in the hospitality industry, which in the reasonable judgment of the Company is, or as a result of the Executive’s engagement or participation would become, directly competitive with any aspect of the business of the Company Group (a “Covered Position”), that such position would inevitably lead to a disclosure of Confidential Information in contravention of Section 6. Accordingly Accordingly, and without limiting the provisions of Section 6, the Executive agrees that during the Period of Employment, the Executive shall not accept employment in a Covered Position. The Executive expressly acknowledges and agrees that the foregoing restriction is reasonable and necessary in order to protect the Confidential Information of the Company Group.

Appears in 1 contract

Samples: Employment Agreement (NTN Buzztime Inc)

Protective Covenant. The Executive acknowledges and agrees that should he accept take a position as an executive officer (other than an officer whose function substantially relates to financial matters) of any business or organization where his duties, or those of others who report directly or indirectly to him, include any activities in the fields of electronically simulated trivia and sports games or interactive television efforts in the hospitality industrytelevision, which in the reasonable judgment of the Company is, or as a result of the Executive’s engagement or participation would become, directly competitive with any aspect of the business of the Company Group (a “Covered Position”), that such position would inevitably lead to a disclosure of Confidential Information in contravention of Section 67. Accordingly and without limiting the provisions of Section 67, the Executive agrees that during the Period of EmploymentEmployment and for a period of one year thereafter, the Executive shall not accept employment in a Covered Position. The Executive expressly acknowledges and agrees that the foregoing restriction is reasonable and necessary in order to protect the Confidential Information of the Company Group.

Appears in 1 contract

Samples: Employment Agreement (NTN Buzztime Inc)

Protective Covenant. The Executive acknowledges and agrees that should he accept a position (other than an officer whose function substantially relates to financial matters) of any business or organization where his duties, or those of others who report directly or indirectly to him, include any activities in the fields of electronically simulated trivia and sports games or interactive television efforts in the hospitality industry, which in the reasonable judgment of the Company is, or as a result of the Executive’s 's engagement or participation would become, directly competitive with any aspect of the business of the Company Group (a “Covered "uCovered Position"), that such position would inevitably lead to a disclosure of Confidential Information in contravention of Section 6. Accordingly and without limiting the provisions of Section 6, the Executive agrees that during the Period of Employment, the Executive shall not accept employment in a Covered Position. The Executive expressly acknowledges and agrees that the foregoing restriction is reasonable and necessary in order to protect the Confidential Information of the Company Group.

Appears in 1 contract

Samples: Employment Agreement (NTN Buzztime Inc)

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Protective Covenant. The Executive acknowledges and agrees that should he she accept a position (other than an officer whose function substantially relates to financial matters) of any business or organization where his her duties, or those of others who report directly or indirectly to himher, include any activities in the fields of electronically simulated trivia and trivia, sports games or other interactive television efforts experiences (e.g., advertising, single player arcade games), or tableside order and payment in the hospitality industry, which in the reasonable judgment of the Company is, or as a result of the Executive’s engagement or participation would become, directly competitive with any aspect of the business of the Company Group (a “Covered Position”), that such position would inevitably lead to a disclosure of Confidential Information in contravention of Section 6. Accordingly Accordingly, and without limiting the provisions of Section 6, the Executive agrees that during the Period of Employment, the Executive shall not accept employment in a Covered Position. The Executive expressly acknowledges and agrees that the foregoing restriction is reasonable and necessary in order to protect the Confidential Information of the Company Group.

Appears in 1 contract

Samples: Employment Agreement (NTN Buzztime Inc)

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