Restricted Services Obligation. During the Initial Term and the Renewal Term and for the one (1) year period following termination, for whatever reason, of Executive’s employment with the Company, Executive will not, directly or indirectly, provide Restricted Services (defined below) for or on behalf of any Competitive Business (defined below) or directly or indirectly, provide any Competitive Business with any advice or counsel in the nature of the Restricted Services.
Restricted Services Obligation. For the one (1) year period following termination, for whatever reason, of Employee’s employment with the Company, Employee will not, directly or indirectly, provide Restricted Services (defined below) for or on behalf of any Competitive Business (defined below). During such one (1) year period, Employee also will not, directly or indirectly, provide any Competitive Business with any advice or counsel in the nature of the Restricted Services.
Restricted Services Obligation. For a period of two years following the end, for whatever reason, of the Grantee’s employment with the Corporation or any of its Subsidiaries, the Grantee agrees not to directly or indirectly provide Restricted Services to any Competitor respecting its operations in the United States. For purposes of this Section, (i) “
Restricted Services Obligation. A. Executive acknowledges and agrees that the Company is one of the leading retail companies in the United States, with department stores throughout the United States, and that the Company compensates executives like Executive to, among other things, develop and maintain valuable goodwill and relationships on the Company’s behalf (including relationships with customers, suppliers and vendors) and to maintain business information for the Company’s exclusive ownership and use. As a result, Executive acknowledges and agrees that the restrictions contained in this Section 10 are reasonable, appropriate and necessary for the protection of the Company’s goodwill, customer, supplier and vendor relationships and confidential information and trade secrets. Executive further acknowledges and agrees that the restrictions contained in this Section 10 will not pose an undue hardship on Executive or Executive’s ability to find gainful employment.
B. For the one (1) year period following the Termination Date, Executive will not, directly or indirectly, provide Restricted Services (defined below) for or on behalf of any Competitive Business (defined below). During such one (1) year period, Executive also will not, directly or indirectly, provide any Competitive Business with any advice or counsel in the nature of the Restricted Services.
Restricted Services Obligation. For a period of two years following the Termination Date, Associate agrees not to directly or indirectly provide Restricted Services to any Competitor respecting its operations in the country in which the Associate was employed. For purposes of this Section, (i) “Restricted Services” means services of any kind or character comparable to those the Associate provided to the Company during the one year period preceding the Termination Date, and (ii) “Competitor” means any business located in the country in which the Associate was employed that is engaged in the development and/or sale of any product line that is substantially similar to a product line sold by the Company for which the Associate had direct managerial responsibility during the last year of the term of the Associate’s employment with the Company.
Restricted Services Obligation. For a period of two years following the end, for whatever reason, of the Optionee’s employment with the Corporation or any of its Subsidiaries, the Optionee agrees not to directly or indirectly provide Restricted Services to any Competitor respecting its operations in the United States. For purposes of this Section, (i) “Restricted Services” means services of any kind or character comparable to those the Optionee provided to the Corporation or any of its Subsidiaries during the one year period preceding the end of the Optionee’s employment with the Corporation or any of its Subsidiaries, and (ii) “Competitor” means any business located in the United States which is engaged in the development and/or sale of any product line or service offering that is substantially similar to (and thus competitive with) a product line or service offering sold by the Corporation or any of its United States Subsidiaries for which the Optionee had direct managerial responsibility during the last year of the term of the Optionee’s employment with the Corporation or any of its United States Subsidiaries.
Restricted Services Obligation. For eighteen (18) months following the end, for whatever reason, of Xxxxxxxx’x engagement with the Corporation, Xxxxxxxx agrees not to directly or indirectly provide Restricted Services to any Competitor, and not to directly or indirectly provide any Competitor with any advice or counsel concerning the Restricted Services, in the United States or any other country in which the Corporation or its subsidiaries designed, manufactured or sold utility energy storage applications and devices of the type or substantially similar to the type of such applications and devices designed, manufactured or sold by the Corporation and its subsidiaries during the twelve (12) months preceding the end of Xxxxxxxx’x engagement with the Corporation.
Restricted Services Obligation. For a period of two years following the end, for whatever reason, of the Optionee’s employment with the Company or any of its Subsidiaries, the Optionee agrees not to directly or indirectly provide Restricted Services to any Competitor respecting its operations in the United States. For purposes of this Section, (i) “
Restricted Services Obligation. For eighteen (18) months following the end, for whatever reason, of the Employee’s employment with the Corporation, the Employee agrees not to directly or indirectly provide Restricted Services to any Competitor, and not to directly or indirectly provide any Competitor with any advice or counsel concerning the Restricted Services, in the United States or any other country in which the Corporation or its subsidiaries designed, manufactured or sold utility energy storage applications and devices of the type or substantially similar to the type of such applications and devices designed, manufactured or sold by the Corporation and its subsidiaries during the twelve (12) months preceding the end of the Employee’s employment with the Corporation.
Restricted Services Obligation. 1Acknowledgments. Employee acknowledges and agrees that the Company is one of the leading retail companies in the United States, with omni-channel presence throughout the United States, and that the Company compensates executives like Employee to, among other things, develop and maintain valuable goodwill and relationships on the Company’s behalf (including relationships with customers, suppliers, vendors, employees and other associates) and to maintain business information for the Company’s exclusive ownership and use. As a result, Employee acknowledges and agrees that the restrictions contained in this Article V are reasonable, appropriate and necessary for the protection of the Company’s goodwill, customer, supplier, vendor, employee and other associate relationships and Confidential Information and Trade Secrets. Employee further acknowledges and agrees that the restrictions contained in this Article V will not pose an undue hardship on Employee or Employee’s ability to find gainful employment. For purposes of this Article V, the term “Company” means Kohl’s Department Stores, Inc. and its parent companies, subsidiaries and other affiliates.
