Scope of Covenants. (i) Executive acknowledges that the Company intends to extend business operations throughout the United States of America. Therefore, for a period of twelve (12) months after termination of Executive's employment for any reason (including Executive's resignation), Executive agrees that he shall not directly or indirectly carry on or participate in the ownership or management of apartment communities of the same class and quality of the communities owned by the Company that directly competes with the Company anywhere within the United States of America.
Appears in 5 contracts
Samples: Employment Agreement (United Dominion Realty Trust Inc), Employment Agreement (United Dominion Realty Trust Inc), Employment Agreement (United Dominion Realty Trust Inc)
Scope of Covenants. (i) Executive acknowledges that the Company intends to extend business operations throughout the United States of America. Therefore, for a period of twelve (12) months after termination of Executive's employment for any reason (including Executive's resignation), Executive agrees that he shall not directly or indirectly carry on or participate in the ownership or management of apartment communities of the same class and quality of the communities owned by the Company that directly competes with the Company anywhere within the United States of America.
Appears in 2 contracts
Samples: Employment Agreement (United Dominion Realty Trust Inc), Employment Agreement (United Dominion Realty Trust Inc)
Scope of Covenants. (i) Executive acknowledges that the Company intends to extend business operations throughout the United States of America. Therefore, for a period of twelve (12) months after termination of Executive's ’s employment for any reason (including Executive's ’s resignation), Executive agrees that he shall not directly or indirectly carry on or participate in the ownership or management of apartment communities of the same class and quality of the communities owned by the Company that directly competes with the Company anywhere within the United States of America.
Appears in 1 contract
Samples: Employment Agreement (UDR, Inc.)