Waiver of Non-Compete. NIKE has the option, in its sole discretion, to elect to waive all or a portion of the Restriction Period or to limit the definition of Competitor, by giving EMPLOYEE seven (7) days prior notice of such election. In the event all or a portion of the Restriction Period is waived, NIKE shall not be obligated to pay EMPLOYEE for any period of time as to which the covenant not to compete has been waived.
Appears in 5 contracts
Samples: Covenant Not to Compete and Non Disclosure Agreement (Nike Inc), Covenant Not to Compete and Non Disclosure Agreement (Nike Inc), Covenant Not to Compete and Non Disclosure Agreement (Nike Inc)
Waiver of Non-Compete. NIKE has the option, in its sole discretion, to elect to waive all or a portion of the Restriction Period or to limit the definition of Competitor, Competitor by giving EMPLOYEE seven (7) days days' prior notice of such election. In the event all or a portion of the Restriction Period is waivedwaived or the definition of Competitor is limited, NIKE shall not be obligated to pay EMPLOYEE for any period of time as to which the covenant not to compete has been waived.
Appears in 2 contracts
Samples: Covenant Not to Compete and Non Disclosure Agreement (Nike Inc), Covenant Not to Compete and Non Disclosure Agreement (Nike Inc)
Waiver of Non-Compete. NIKE has the option, in its sole discretion, to elect to waive all or a portion of the Restriction Period or to limit the definition of Competitor, by giving EMPLOYEE seven (7) days days' prior notice of such election. In the event all or a portion of the Restriction Period is waivedwaived or the definition of Competitor is limited, NIKE shall not be obligated to pay EMPLOYEE for any period of time as to which the covenant not to compete has been waived.. ·
Appears in 1 contract
Samples: Covenant Not to Compete (Nike Inc)
Waiver of Non-Compete. NIKE has the option, in its sole discretion, to elect to waive all or a portion of the Restriction Period or to limit the definition of Competitor, by giving EMPLOYEE seven (7) days prior notice of such election. In the event all or a portion of the Restriction Period is waivedwaived or the definition of Competitor is limited, NIKE shall not be obligated to pay EMPLOYEE for any period of time as to which the covenant not to compete has been waived.
Appears in 1 contract
Samples: Covenant Not to Compete and Non Disclosure Agreement (Nike Inc)
Waiver of Non-Compete. NIKE has the option, option at any time and in its sole discretion, to elect to waive all or a portion of the Restriction Period or to limit the definition of Competitor, by giving EMPLOYEE seven (7) days days’ prior notice of such election. In the event all or a portion of the Restriction Period is waivedwaived or the definition of Competitor is limited, NIKE shall not be obligated to pay EMPLOYEE for any period of time as to which the covenant not to compete has been waived.
Appears in 1 contract
Samples: Covenant Not to Compete (NIKE, Inc.)
