Common use of Restricted Business Clause in Contracts

Restricted Business. “Restricted Business” shall mean any business in which the Company or any of its affiliates may be engaged as of Executive’s Date of Termination. To the extent that any entity is primarily engaged in a business other than a Restricted Business, the term “Restricted Business” shall mean the operations, division, segment or affiliate of such entity that is engaged in any Restricted Business.

Appears in 2 contracts

Samples: Change of Control Agreement (Exterran Corp), Change of Control Agreement (Exterran Corp)

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Restricted Business. “Restricted Business” shall mean any business in which the Company or any of its affiliates subsidiaries may be engaged as of Executive’s Date of Termination. To the extent that any entity is primarily engaged in a business other than a Restricted Business, the term “Restricted Business” shall mean the operations, division, segment or affiliate subsidiary of such entity that is engaged in any Restricted Business.

Appears in 2 contracts

Samples: Change of Control Agreement (Archrock, Inc.), Change of Control Agreement (Archrock, Inc.)

Restricted Business. “Restricted Business” shall mean any business in which the Company or any of its affiliates subsidiaries may be engaged as of Executive’s Date of Termination. To the extent that any entity is primarily engaged in a business other than a Restricted Business, the term “Restricted Business” shall mean the operations, division, segment or affiliate of such entity that is engaged in any Restricted Business.term

Appears in 1 contract

Samples: Change of Control Agreement (Exterran Corp)

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Restricted Business. “Restricted Business” shall mean any business in which the Company or any of its affiliates subsidiaries may be engaged as of Executive’s Date of Termination. To the extent that any entity is primarily engaged in a business other than a Restricted Business, the term “Restricted Business” shall mean the operations, division, segment or affiliate of such entity that is engaged in any Restricted Business.Restricted

Appears in 1 contract

Samples: Change of Control Agreement (Exterran Corp)

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