Restriction on Competitive Employment. (i) In consideration of the numerous mutual promises contained in this Agreement, including, without limitation, those involving the Confidential Information, compensation, termination and arbitration, and in order to protect the Confidential Information and to reduce the likelihood of irreparable damage that would occur in the event such information is provided to or used by a competitor of the Company, during the Employment Term and, for a period of six months following the Termination Date in the case of a (x) termination by the Company for Cause, (y) a termination due to Disability or (z) a termination by the Executive other than for Good Reason (the "Non-Competition Period"), absent the Company's prior written approval, the Executive shall not, as an owner, part-owner, shareholder, partner, director, trust manager, trustee, principal, agent, employee, consultant, member, contractor or otherwise, within the United States, directly or indirectly engage or participate in activities relating to, or render services to or invest in any firm or business engaged or about to become engaged in, the Business.
Restriction on Competitive Employment. The term Business shall mean:
Restriction on Competitive Employment. Except as noted as in Section 2.f.ii.c), Duties, during the Employment Term and the twelve months (12) months following the termination of this Agreement (the "Non-Competition Period"), absent the Company's prior written approval, the Executive shall not, as owner, part-owner, shareholder, partner, director, principal, agent, employee, consultant, or otherwise, within the Territories, directly or indirectly engage or participate in activities relating to, or render services to or invest in any firm or business engaged or about to become engaged in, the Business, provided that the Executive may:
Restriction on Competitive Employment. Employee shall not (as an individual, principal, agent, employee, consultant or otherwise), directly or indirectly, during the period commencing on the date hereof and ending on the first anniversary of termination of Employee's employment with the Company (whether under this Agreement or otherwise) (the applicable period being the "Non-Competition Period"), absent the Company's prior written approval, engage in activities in the Territory for, on behalf of or relating to, or render services to, or have any equity, ownership or profit participation interest in (other than as a 5% or less holder of the equity securities of a public company), any firm or business engaged or about to become engaged in (i) the Business or (ii) any other business in which the Company or any subsidiary of the Company was engaged during Employee's employment with the Company and as to which Employee had involvement during such employment or obtained Confidential Information.
Restriction on Competitive Employment. (a) Except under the circumstances described in Section 5.3(b) or 5.3(c) below (which Section 5.3(b) or 5.3(c), as applicable, will govern for all purposes), Employee shall not (as an individual, principal, agent, employee, consultant or otherwise), directly or indirectly, during the period commencing on the Effective Date and ending on the later of (x) the first anniversary of termination of Employee's employment with the Company or (y) if applicable, the date the Company is no longer required to make the payments to Employee contemplated by Section 4.7(b) hereof (the applicable period being the "Non-Competition Period"), absent the Company's prior written approval, engage in activities in the Territory for, on behalf of or relating to, or render services to, or have any equity, ownership or profit participation interest in (other than as a 5% or less holder of the equity securities of a public company), any firm or business engaged or about to become engaged in (i) the Business or (ii) any other business in which the Company or any subsidiary of the Company was engaged during Employee's employment with the Company and as to which Employee had involvement during such employment or obtained Confidential Information.
Restriction on Competitive Employment. Xxxxxxxxxx shall not (as an individual, principal, agent, employee, consultant or otherwise), directly or indirectly, during the period commencing on the date hereof and ending on the third anniversary of the Effective Time (the "Non-Competition Period"), absent the Company's prior written approval, engage in activities in the Territory for, on behalf of or relating to, or render services to, or have any equity, ownership or profit participation interest in (other than as a 5% or less holder of the equity securities of a public company), any firm or business engaged or about to become engaged in (i) the Business or (ii) any other business in which the Company or any Affiliate was engaged during Xxxxxxxxxx'x employment or engagement with the Company and as to which Xxxxxxxxxx had involvement during such employment or engagement or from which he obtained Confidential Information; provided, that notwithstanding the foregoing, (x) Xxxxxxxxxx shall be permitted to provide services in a private clinical setting and (y) nothing in this Agreement shall be construed to (I) prohibit Xxxx Xxxxxxxxxx, Ph.D., Xxxxxxxxxx'x spouse, from continuing to work in the Business, or (II) deem Xxxxxxxxxx to act as an agent for his spouse, or as a principal, agent or consultant to or for his spouse, as a result of their marital status.
Restriction on Competitive Employment. For the period of twelve months immediately following termination of employment with Company, the employee shall not engage in any work or other activity whether as an owner, stockholder, partner, officer, consultant, employee involving a product or process or business that is in direct competition with Company, or any successor company without a prior written release from Company.
