Competing Product or Service definition

Competing Product or Service means any product or service that is sold in competition with, or is being developed and that will compete with, a product or service developed, manufactured, or sold by Fiserv. For purposes of this Section 5, Competing Products or Services as to you are limited to products and/or services with respect to which you participated in the development, planning, testing, sale, marketing or evaluation on behalf of Fiserv during any part of your employment with Fiserv, or after the termination of your employment, during any part of the 24 months preceding the termination of your employment with Fiserv, or for which you supervised one or more Fiserv employees, units, divisions or departments in doing so.

Competing Product or Service means any product or service that is sold in competition with, or is being developed and that will compete with, a product or service developed, manufactured, or sold by the Corporation.

Competing Product or Service means any product or service which is sold in competition with, or is being developed and which will compete with, a product or service developed, manufactured, or sold by the Company. For purposes of this Agreement, “Competing Products or Services” are limited to products and/or services for which Employee participated in the development, planning, testing, sale, marketing or evaluation of on behalf of the Company in or during any part of the last 24 months of his employment with the Company, or for which Employee supervised one or more Company employees, units, divisions or departments in doing so.

Examples of Competing Product or Service in a sentence

• The term “wholly unrelated” shall mean among other things that the Executive will not work in, consult with, cooperate with or provide information to any person, department or business segment of the Competing Organization which is researching, acquiring, producing, distributing, providing, investigating, developing, manufacturing, marketing, supervising, licensing or commercializing any Competing Product or Service.

• For purposes of this Agreement, “Competing Organization” means persons or organizations, including Executive, engaged in, or about to become engaged in research or development, production, distribution, marketing, providing or selling of a Competing Product or Service.

• Work, directly or indirectly for, or provide Competing Products or Services to, anyone engaged in the sale, promotion, manufacture, or distribution of any Competing Product or Service developed by or on behalf of Intrepid during your employment.

• The term ‘“wholly unrelated” shall mean among other things that the Employee will not work in, consult with, cooperate with or provide information to any person, department or business segment of the Competing Organization which is researching, acquiring, producing, distributing, providing, investigating, developing, manufacturing, marketing, supervising, licensing or commercializing any Competing Product or Service.

• I agree that it shall be considered a prohibited act of interference for me to use the Company's trade secrets to participate in soliciting, encouraging, or inducing a customer (a) to obtain a Competing Product or Service elsewhere, or (b) to stop or reduce doing business with the Company, except where such conduct is expressly authorized in writing by an authorized officer of the Company.

More Definitions of Competing Product or Service

Competing Product or Service means any product or service which is sold in competition with, or is being developed and which will compete with, a product or service developed, manufactured, or sold by the Company. For purposes of this Agreement, “Competing Products or Services” are limited to products and/or services for which Employee participated in the development, planning, testing, sale, marketing or evaluation of on behalf of the Company in or during any part of the last twenty-four (24) months of his employment with the Company, or for which Employee supervised one or more Company employees, units, divisions or departments in doing so.

Competing Product or Service means any product, process, or service of any person or organization other than the Company or any of its subsidiaries, in existence or under development, (i) which is identical to, substantially the same as, in competition with, or an adequate substitute for any product, process, or service of the Company or any of its subsidiaries, in existence or under development, or about which the Executive acquires Confidential Information, and (ii) which is (or could reasonably be anticipated to be) marketed or distributed or is under development to be marketed or distributed, as to compete with such product, process or service of the Company or any of its subsidiaries.

Competing Product or Service means any product or service that is sold in competition with, or is being developed and that will compete with, a product or service developed, manufactured, or sold by Fiserv. For purposes of this Section 3, Competing Products or Services as to you are limited to products

Competing Product or Service means any product or service that is sold in competition with, or, as of the date of the Participant’s Retirement, is being developed and that will compete with, a product or service developed, manufactured, or sold by the Company or any of its Affiliates. For purposes of this Section 4.a., Competing Products or Services as to the Participant are limited to products and/or services with respect to which the Participant participated in the development, planning, testing, sale, marketing or evaluation on behalf of the Company or any Affiliate during any part of the Participant’s employment with the Company or an Affiliate, or after the termination of the Participant’s employment, during any part of the 24 months preceding the termination of the Participant’s employment with the Company and its Affiliates, or for which the Participant supervised one or more Company or Affiliate employees, units, divisions or departments in doing so.

Competing Product or Service means any product, process, or service of any person or organization other than the COMPANY or any of its subsidiaries, in existence or under development, (i) which is identical to, substantially the same as, in competition with, or an adequate substitute for any product, process, or service of the COMPANY or any of its subsidiaries, in existence or under development or (ii) which is (or could reasonably be anticipated to be) marketed or distributed or is under development to be marketed or distributed, as to compete with such product, process or service of the Company or any of its subsidiaries.

Competing Product or Service means any non-Company product or service that is the same as or similar to a product or service provided by the Company (or that otherwise competes with a product or service provided by the Company) with which Executive had involvement or about which Executive received Confidential Subject Matter owned by the Company or held in confidence by the Company for any third-party during the last two years of Executive’s employment with the Company (or such shorter time as Executive was employed) (the “Look Back Period”).

Competing Product or Service means any product, process, or service of any person or organization other than the Company, in existence or under development, that competes, directly or indirectly, with a product, process, or service upon or with which the Employee has worked for the Company or about which the Employee acquires Confidential and Proprietary Information.