Compete definition
Examples of Compete in a sentence
This Covenant Not to Compete and Non-Disclosure Agreement is executed upon EMPLOYEE's bona fide advancement with NIKE and is a condition of such advancement.
Employee hereby agrees that, for two (2) years following the Effective Time or for two (2) years following Employee’s affiliation with Buyer or SNB as an officer, employee, or consultant (whichever period is longer), Employee shall not Compete (as defined herein) against Buyer, SNB, or any of their Affiliated Companies in the Restricted Area without the prior written consent of Buyer’s Chief Executive Officer, which consent may be withheld at the sole discretion of Xxxxx’s Chief Executive Officer.
Director xxxxxx agrees that, for three (3) years following the Effective Time or for three (3) years following Employee’s affiliation with Buyer or SNB as an officer, employee, or consultant (whichever period is longer), Director shall not Compete (as defined herein) against Buyer, SNB, or any of their Affiliated Companies in the Restricted Area without the prior written consent of Buyer’s Chief Executive Officer, which consent may be withheld at the sole discretion of Buyer’s Chief Executive Officer.
Employee acknowledges that he/she was informed in a written job offer at least two weeks before starting work in his/her new position that this Covenant Not to Compete and Non-Disclosure Agreement is required and is a condition of advancement.