Common use of Restrictions on Competitive Employment Clause in Contracts

Restrictions on Competitive Employment. During the term of the -------------------------------------- Executive's employment and for a period of twelve (12) months after the termination of the Executive's employment for any reason, pursuant to this Agreement or thereafter, absent the Company's prior written approval, the Executive shall not (as an individual, principal, agent, employee, consultant or otherwise) within the Territory, directly or indirectly, engage in activities competitive with, nor render services to any firm or business engaged or about to become engaged in the Business of the Company. In addition, the Executive shall not have an equity interest in any such firm or business other than as a 1% or less shareholder of a public corporation.

Restrictions on Competitive Employment. During the term of -------------------------------------- the -------------------------------------- Executive's employment and for a period of twelve (12) months after the termination of the Executive's employment for any reason, pursuant to this Agreement or thereafter, absent the Company's prior written approval, the Executive shall not (as an individual, principal, agent, employee, consultant or otherwise) within the Territory, directly or indirectly, engage in activities competitive with, nor render services to any firm or business engaged or about to become engaged in the Business of the Company. In addition, the Executive shall not have an equity interest in any such firm or business other than as a 1% or less shareholder of a public corporation.

Restrictions on Competitive Employment. During -------------------------------------- the term of the -------------------------------------- Executive's employment and for a period of twelve (12) months after the termination of the Executive's employment for any reason, pursuant to this Agreement or thereafter, absent the Company's prior written approval, the Executive shall not (as an individual, principal, agent, employee, consultant or otherwise) within the Territory, directly or indirectly, engage in activities competitive with, nor render services to any firm or business engaged or about to become engaged in the Business of the Company. In addition, the Executive shall not have an equity interest in any such firm or business other than as a 1% or less shareholder of a public corporation.

Restrictions on Competitive Employment. During the term of the -------------------------------------- Executive's employment and for a period of twelve (12) months after the termination of the Executive's employment for any reason, pursuant to this Agreement or thereafter, absent the Company's prior written approval, the Executive shall not (as an individual, principal, agent, employee, consultant or otherwise) within the Territory, directly or indirectly, engage in activities competitive with, nor render services to any firm or business engaged or about to become engaged in the Business of the Company. In addition, the Executive shall not have an equity interest in any such firm or business other than as a 1% or less shareholder of a public corporation.