Common use of Restricted Period Defined Clause in Contracts

Restricted Period Defined. Executive shall not directly or indirectly engage in (as a principal, shareholder, partner, director, officer, agent, Executive, consultant or otherwise) or be financially interested in any business which is involved in business activities which are the same as or in direct competition with business activities carried on by Company, or being definitively planned by company at the time of the termination of Executive’s employment for a period of 12 months.

Appears in 3 contracts

Samples: Employment Agreement (Cardiff Lexington Corp), Employment Agreement (Cardiff Lexington Corp), Chief Financial Officer Employment Agreement (Cardiff Lexington Corp)

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Restricted Period Defined. Executive shall not directly or indirectly engage in (as a principal, shareholder, partner, director, officer, agent, Executive, consultant or otherwise) or be financially interested in any business which is involved in business activities which are the same as or in direct competition with business activities carried on by Company, or being definitively planned by company Company at the time of the termination of Executive’s employment 's employment) for a period of 12 months.

Appears in 1 contract

Samples: Executive Employment Agreement (Cardiff Lexington Corp)

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