Examples of Competition Agreement in a sentence
Competition Agreement: an agreement by which an employee either forfeits certain benefits or pays some amount of money to engage in activities that are competitive with his former employer.
This TEMPORARY LICENSE AGREEMENT is incorporated into the Schlumberger Ocean Plug-In Competition Agreement and its integral part.
Any capitalized terms defined in the Schlumberger Ocean Plug-In Competition Agreement and not defined herein, apply to this TEMPORARY LICENSE AGREEMENT.
It is the express intent of the Company and Executive that the terms of this Competition Agreement be enforced to the full extent permitted by law and not to any greater extent.
The Board has resolved and approved the Supplemental Agreement to the Non- Competition Agreement on 1 March 2018.