Examples of Company Competitors in a sentence
Accordingly, during the Term and any Restricted Period, Executive shall not, directly or indirectly, engage in or participate in the operation or management of, or render any services to, any Company Competitors.
PTC may terminate this Agreement upon [***] prior written notice to RA in the event of a material breach by RA of Section 4.1 (Prohibition on Transfers), Section 4.3 (No Transfers to Company Competitors or Significant Shareholders) or Section 5.3 (Standstill) of the Securities Purchase Agreement if such breach is incapable of cure or RA otherwise fails to cure such breach within [***] following notice of such breach from PTC.
The list of Company Competitors as of the Effective Date is set forth in Schedule I of the Stockholders Agreement (which list, for convenience, has been duplicated as Appendix A to this Agreement).
The parties further agree that the geographic scope of the Executive’s obligations under this Section 7.2 is limited by the geographic scope of the operations of the Company Competitors.
For the avoidance of doubt, Company Competitors also include the “Subsidiaries” (as defined in the Stockholders Agreement) of the entities listed in Appendix A.