Competitive Company definition

Competitive Company means any company or other third party that provides products and services that are competitive with the Company or any Affiliate. The term "Restricted Area" means the country in which the Grantee is based. Grantee agrees that the foregoing Restriction Period and Restricted Area are reasonable and appropriate to protect the Company's legitimate business interests and goodwill because (i) the Company or any Affiliate has material business operations in the Restricted Area as of the Grantee's Termination of Employment and (ii) the Grantee has provided services in, had a material presence or influence in, and/or has received confidential information about (as described in the EIPIA) the Restricted Area during the last two years of the Grantee's employment with the Company or any Affiliate. The foregoing restrictions do not apply where legally impermissible (such as California). To the extent the Grantee is subject to an existing non-competition agreement with the Company or any Affiliate (the “Prior Agreement”), the Prior Agreement shall be incorporated herein by reference and the Prior Agreement and this Grant Agreement shall be read together; provided, however, that where the provisions are inconsistent, the more restrictive covenant shall apply. Furthermore, during the Grantee’s employment with the Company or any Affiliate, and for all periods thereafter, the Grantee will not breach his or her EIPIA or otherwise disclose the Company’s or any Affiliate’s non-public information. The Grantee agrees that any breach by him or her of the foregoing obligations inevitably would cause substantial and irreparable damage to the Company and the Affiliates for which money damages may not be an adequate remedy. Accordingly, the Grantee agrees that the Company and the Affiliates will be entitled to an injunction and/or other equitable relief, without the necessity of posting security, to prevent the breach of such obligations. The Grantee also agrees to indemnify and hold the Company and the Affiliates harmless from any loss, claim or damages, including, without limitation, all reasonable attorneys’ fees, costs and expenses incurred in enforcing its rights under this Grant Agreement, as well as to repay any payments made hereunder (regardless of whether the Options are vested), except to the extent that such reimbursement is prohibited by law. The Grantee agrees that the payment and benefits provided for in the Grant Agreement constitute fair and reasonable consideration...
Competitive Company. A corporation, partnership, proprietorship or any other legal entity operating discount retail stores in the Territory, the majority of which stores each have 30,000 square feet or less of total space, including non-selling areas, and that sell or offer for sale merchandise similar or identical to the merchandise sold by the Group.
Competitive Company means any person, corporation, association, joint venture, partnership, or other business entity that engages in any part of the Business in competition with the Company.

Examples of Competitive Company in a sentence

  • Further, for the purposes of this Section, "Competitive Company" shall mean Consolidated Edison, Inc., Energy East Corporation, Hydro-Quebec, KeySpan Energy, National Grid USA, NSTAR, or The United Illuminating Company, their assigns or successors, or any other company which in the future engages in competition with the regulated business of the Company in the Service Area.

  • A "Competitive Company" is a person, firm, corporation, or business located in the United States that is primarily engaged in the production or wholesale distribution of organic products.

  • The Group has applied IFRS 10 - Consolidated Financial Statements, for the first time during the six-month period ended 30 June 2013.

  • Accordingly, you acknowledge and agree that undertaking any leadership role in a Competitive Company would constitute performing job duties or services of a similar type that you performed for the Company and its affiliates.

  • You also acknowledge that if you become employed or affiliated with any Competitive Company in violation of your obligations in this Agreement, it is inevitable that you would disclose the Confidential Information to such competitor and would use such Confidential Information, knowingly or unknowingly, on behalf of such competitor.


More Definitions of Competitive Company

Competitive Company means Consolidated Edison, Inc., Energy East Corporation, Hydro-Quebec, KeySpan Energy, National Grid USA, NSTAR, or The United Illuminating Company, their assigns or successors, or any other company which in the future engages in competition with the regulated business of the Company in the Service Area. Executive acknowledges that the listed service area is the area in which the Company presently does business.
Competitive Company means any company or other third party that provides products and services that are competitive with the Company or any Affiliate. The termRestricted Area” means, for any Grantees in the Executive Band on the Grant Date, the area in which the Grantee is performing the majority of his or her duties for the Company within the country in which the Grantee is based, and for Grantees in the Executive Director and above Bands on the Grant Date, the country in which Grantee is based, in each case where the Company or any Affiliate has material business operations as of Grantee’s Termination of Employment and in which the Grantee has provided services, had a material presence or influence, or received confidential information about (as described in the EIPIA and any other confidentiality agreements signed by Grantee) at any time during the last two years of the Grantee’s employment with the Company or any Affiliate. The Grantee understands and agrees that, given the nature of the business of the Company and the Affiliates and the Grantee’s position with the Company or any Affiliate, the foregoing Restriction Period and Restricted Area are reasonable and appropriate to protect the Company’s legitimate business interests and goodwill. If Grantee primarily resides in California, Colorado or Washington, the post- employment obligations in Section 7.ii. will not apply
Competitive Company is a person, firm, corporation or business located in the United States that is primarily engaged in the production or wholesale distribution of organic dairy products sold by HOH, or which HOH has express plans to sell as of the termination or expiration of Xx. Xxxxxxxx'x employment with HOH. Xx. Xxxxxxxx further agrees that he will not induce any employee of HOH to leave the employ of HOH for a period of twenty- four months after the termination or expiration of his employment with HOH. This paragraph 10 shall survive the termination or expiration of this Employment Agreement for any reason.
Competitive Company means those entities listed as principal competitors of the Company in the most recent 10k filed by the Company with the SEC immediately prior to the Termination Date.
Competitive Company means a pharmaceutical company with a marketed product, or a product in development for which [ * ] has been obtained [ * ], having an indication that is [ * ] (a) one or more indications in the Field in the Territory [ * ]; or (b) any Transplant Indication, either approved or in development.
Competitive Company means any individual or entity, present or future, then providing any of the following product or services: (1) a multi-finance source auto finance portal, (2) electronic contracting for auto finance or lease transactions, other than at a financing source entity that purchases electronic contracts or leases from auto dealers, (3) auto lease, retail and/or balloon payment comparison or desking tools or (4) any other sales, inventory or finance and insurance-related products or services for auto dealerships similar to any products or services offered by the Company or any of its affiliates. I understand that in the event of a conflict or inconsistency between this provision and a similar provision in any employment agreement I may have with the Company or any affiliate of the Company, the employment agreement shall govern.
Competitive Company means any individual or entity, present or future, then providing any of the following product or services: (1) a multi-finance source auto finance portal, (2) electronic contracting for auto finance or lease transactions, other than at a financing source entity that purchases electronic contracts or leases from auto dealers, (3) auto lease, retail and/or balloon payment comparison or desking tools, or (4) any other sales, inventory or finance and insurance-related products or services for auto dealerships similar to any products or services offered by the Company or any of its affiliates. Consultant also agrees that until the seventh anniversary of the Effective Date he will not, directly or indirectly, either as an employee, employer, agent, principal, partner, member, stockholder (except as set forth below), corporate officer or director, or in any other individual or representative capacity, engage in or participate in providing any dealership management systems for auto dealerships similar to any products or services offered by the Company or any of its affiliates. Individual ownership, for personal investment purposes only, not to exceed one percent (1%), of the voting stock of any publicly held corporation shall not constitute a violation hereof.