Common use of RESTRICTIVE COVENANT NOT TO COMPETE Clause in Contracts

RESTRICTIVE COVENANT NOT TO COMPETE. During the term of this Agreement and indefinitely thereafter, AT and OTW agree to the following terms and conditions: 10.1 OTW shall not directly or indirectly make known to any person, firm, or corporation the names or addresses of any of the customers of AT or any other information pertaining to them or call on, solicit, take away, or attempt to call on, solicit, or take away any of the customers of AT on whom OTW called or with whom OTW became acquainted during the term of this Agreement, either for himself or for any other person, firm, or corporation. 10.2 If AT exercises its option to purchase according to section 5 of this Agreement, then OTW shall not to engage or participate in any trade or business competing with or similar in nature to the business of AT, in the United States or elsewhere, for five years following purchase.

RESTRICTIVE COVENANT NOT TO COMPETE. During the term of this Agreement and indefinitely thereafter, AT AP and OTW agree to the following terms and conditions: 10.1 OTW shall not directly or indirectly make known to any person, firm, or corporation the names or addresses of any of the customers of AT AP or any other information pertaining to them or call on, solicit, take away, or attempt to call on, solicit, or take away any of the customers of AT AP on whom OTW called or with whom OTW became acquainted during the term of this Agreement, either for himself or for any other person, firm, or corporation. 10.2 If AT AP exercises its option to purchase according to section 5 of this Agreement, then OTW shall not to engage or participate in any trade or business competing with or similar in nature to the business of ATAP, in the United States or elsewhere, for five years following purchase.