Work with Competitors Sample Clauses

Work with Competitors. Symbion and Client agree that during the term of this Agreement, or any extension or renewal thereof, Symbion may contract for work with other persons, firms, or corporations engaged in the same or similar business as that of Client, provided that Symbion does not disclose or use the confidential information of Client.
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Work with Competitors. If at any time during the period commencing on Executive’s termination date and ending on the latest date that any amount is payable to Executive under this Section 6, Executive accepts other employment or professional relationship with a competitor of the Company (defined as either (i) another company primarily engaged in retail sales of products for the home or (ii) any retailer with retail products for the home sales in excess of $100 million annually (either (i) or (ii), a “Competitor”)), or if Executive breaches her remaining obligations to the Company (e.g., her duty to protect confidential information and intellectual property and her duties not to solicit under the Company’s Corporate Code of Conduct), then the Company’s obligations under this Section 6 will cease such that Executive will not be entitled to any further payments or benefits under that Section.
Sample 1
Work with Competitors. During the term of this Agreement, SynteractHCR may contract for work with competitors of the Sponsor or other groups, however, SynteractHCR affirms that it does not have and shall not enter into an agreement which would restrict its ability to fulfill this Agreement. SynteractHCR agrees that in fulfilling contracts with others, it shall not use or disclose any confidential or proprietary information of Sponsor as set forth in Section 12.0.
Sample 1
Work with Competitors. Executive agrees that, if Executive is terminated by the Company with or without Cause or voluntarily resigns with or without Good Reason, Executive will not, for twenty-four (24) months from the last day of Executive’s employment, accept other employment or professional relationship with a competitor of the Company (defined as either (i) another company primarily engaged in retail sales of products for the home or (ii) any retailer with retail products for the home sales in excess of $100 million annually (either (i) or (ii), a “Competitor”)). In consideration for this promise, the Company will pay Executive the equivalent of twelve (12) months of Executive’s Base Salary in twenty-four (24) equal installments paid each month for twenty-four (24) consecutive months. If Executive breaches this Section 7, then the Company’s obligations under this Section 7 will immediately cease such that Executive will not be entitled to any further payments or benefits under this Section.
Sample 1

Related to Work with Competitors

  • Competitors The Owner shall possess, in accordance with the terms of this Agreement, the following restrictions: (check one) ☐ - No Restrictions on Competitors.

  • Indirect Competition Employee further agrees that, during the Term and the Non-Compete Period, he will not, directly or indirectly, assist or encourage any other person in carrying out, direct or indirectly, any activity that would be prohibited by the above provisions of this Section 6 if such activity were carried out by Employee, either directly or indirectly; and in particular Employee agrees that he will not, directly or indirectly, induce any employee of the Company to carry out, directly or indirectly, any such activity.

  • Interest in Competitors Except as set forth on Schedule 2.21, neither the Companies nor the Stockholders, nor any of their Affiliates, have any interest, either by way of contract or by way of investment (other than as holder of not more than 2% of the outstanding capital stock of a publicly traded Person, so long as such holder has no other connection or relationship with such Person) or otherwise, directly or indirectly, in any Person other than the Companies that is engaged in the retail sale of automobiles or light duty trucks.

  • Inventions and Proprietary Information Prohibition on Third Party Information A. Proprietary Information Agreement. Executive acknowledges that he has signed and remains bound by the terms of the Company’s Proprietary Information and Inventions Agreement, which is attached as Exhibit B (“Proprietary Information Agreement”).

  • Non-Termination of Employment; No Third-Party Beneficiaries No provision of this Agreement or the Distribution Agreement shall be construed to create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any Vector Employee or Spinco Employee or other future, present, or former employee of any member of the Vector Group or Spinco Group under any Vector Plan or Spinco Plan or otherwise. This Agreement is solely for the benefit of the Parties hereto and their respective successors and permitted assigns. Nothing in this Agreement, express or implied, is intended to or shall confer upon any other person or persons (including any employee or former employee of Vector or Spinco or either of their respective Subsidiaries or any beneficiary or dependent thereof) any rights, benefits or remedies of any nature whatsoever under or by reason of this Agreement. No provision in this Agreement shall modify or amend any other agreement, plan, program, or document unless this Agreement explicitly states that the provision “amends” that other agreement, plan, program, or document. This shall not prevent the Parties entitled to enforce this Agreement from enforcing any provision in this Agreement, but no other person shall be entitled to enforce any provision in this Agreement on the grounds that it is an amendment to another agreement, plan, program, or document unless the provision is explicitly designated as such in this Agreement, and the person is otherwise entitled to enforce the other agreement, plan, program, or document. If a person not entitled to enforce this Agreement brings a lawsuit or other action to enforce any provision in this Agreement as an amendment to another agreement, plan, program, or document, and that provision is construed to be such an amendment despite not being explicitly designated as one in this Agreement, that provision in this Agreement shall be void ab initio, thereby precluding it from having any amendatory effect. Furthermore, nothing in this Agreement is intended to confer upon any employee or former employee of Vector, Spinco or either of their respective Subsidiaries any right to continued employment, or any recall or similar rights to an individual on layoff or any type of approved leave.

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