Restriction on Post Employment Compensation Sample Clauses

Restriction on Post Employment Compensation. For a period of one year after the end of employment, the Employee shall not control, consult to or be employed by any business similar to that conducted by the company, either by soliciting any of its accounts or by operating within Employer's general trading area.
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Restriction on Post Employment Compensation. For a period of one (1) year after the end of employment, the Employee shall not compete in any business similar to that conducted by the Company, either by soliciting any of its accounts or by operating within Employer's general trading area.
Sample 1
Restriction on Post Employment Compensation. For a period of six months after the end of employment, the Employee shall not control, consult to or be employed by any business competitive to that conducted by the Company. These areas are further defined as companies engaged in "Designing encryption and authentication ASIC's (application specific integrated circuits), which explicitly are designed for and destined to be in (a) securing wireless e-commerce transactions, cellular telephone communications or palmtop computing, and/or (b) contain embedded in silicon an underlying hardware-based elliptic curve cryptography, and/or also contain simultaneously to the above-described functionality, signal recovery and reconstruction functions."
Sample 1
Restriction on Post Employment Compensation. For a period of two ( 2 ) years after the end of employment, the Management firm shall not solicit any of its accounts or compete in similar businesses by operating within the Company's general trading area.
Sample 1
Restriction on Post Employment Compensation. For a period of one (1) year after the end of the Initial Term and any Extension Periods, Executive shall not control, consult to or be employed by any business similar to that conducted by the Company, either by soliciting any of its accounts or by operating taking a position as consultant, executive officer or Director of a current competitor or an entity or organization attempting to replicate, or use as the benchmark, the Proprietary Organ Transplant Procedure and any other techniques developed by the Company derived by the use of one or more of the Acquired Assets, or subsequent patents or processes which are in any way derivatives of the Acquired Assets.
Sample 1

Related to Restriction on Post Employment Compensation

  • Employment Compensation Schedule 3.16 contains a true and correct list of all employees to whom Company is paying compensation, including bonuses and incentives, at an annual rate in excess of Fifteen Thousand Dollars ($15,000) for services rendered or otherwise; and in the case of salaried employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

  • Compensation; Employment Agreements; Etc Enter into or amend or renew any employment, consulting, severance or similar agreements or arrangements with any of its directors, officers or employees or those of its subsidiaries or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (1) for normal individual increases in compensation to employees (other than executive officers or directors) in the ordinary course of business consistent with past practice, (2) for other changes that are required by applicable law and (3) to satisfy Previously Disclosed contractual obligations.

  • Post-Employment Covenants (a) Executive hereby reaffirms and agrees to abide by all confidentiality and nondisclosure obligations, nonsolicitation obligations, noncompetition obligations and any other post-employment obligations to which Executive is subject under any contract or agreement between Executive and the Company as well as the Illinois Trade Secrets Act, any other Illinois statute and Illinois common law.

  • Compensation; Employment Agreements 18 5.15 Noncompetition, Confidentiality and Nonsolicitation Agreements; Employee Policies.................................................. 18 5.16

  • Compensation on Termination (a) If this Project Agreement is terminated pursuant to Sections 34.3(a), 35.2(a)(ii), 36.1, 36.2 or 36.3, then:

  • Post-Employment Restrictions 17.1 For the duration of your employment with the Company and for a period of twelve (12) months after the termination thereof for any cause, you shall not:

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following:

  • Limitation on Compensation Failure or delay on the part of any Lender or any Issuing Bank to demand compensation pursuant to this Section 2.15 shall not constitute a waiver of such Lender’s or such Issuing Bank’s right to demand such compensation; provided that the Borrowers shall not be required to compensate a Lender or an Issuing Bank pursuant to this Section 2.15 for any increased costs or reductions incurred more than one hundred eighty (180) days prior to the date that such Lender or such Issuing Bank, as the case may be, notifies the Parent Borrower of the Change in Law giving rise to such increased costs or reductions and of such Lender’s or such Issuing Bank’s intention to claim compensation therefor; provided, further that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Severance Compensation upon Termination of Employment If the Company shall terminate the Executive’s employment other than pursuant to Section 5(a), (b) or (c) or if the Executive shall terminate his employment for Good Reason, then the Company shall pay to the Executive as severance pay in a lump sum, in cash, on the fifth day following the Date of Termination, an amount equal to three (3) times the average of the aggregate annual compensation paid to the Executive during the three (3) fiscal years of the Company immediately preceding the Change of Control by the Company subject to United States income taxes (or, such fewer number of fiscal years if the Executive has not been employed by the Company during each of the preceding three (3) fiscal years).

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