Competitive Offerings definition
Competitive Offerings means any (i) point of sale and self-service kiosk hardware and associated peripheral devices including but not limited to customer displays, tablets, handhelds, specialty devices, printers and scanners; (ii) point of sale software, self-service kiosk software and software sold in conjunction with point of sale and self-service kiosks and sold primarily in Company’s current end markets, including but not limited to site, host-based and SaaS offerings; and (iii) field services, back-office services, technical services, consulting services and SaaS services related to items (i) and (ii), above.
Competitive Offerings means any software product with the primary purpose of managing retail customer sales transactions at the point of sale in petroleum and convenience stores, retail food service outlets or domestic cinemas, and that automates and tracks the placement and fulfillment of customer orders at the point of sale, integrates with credit and debit card payment processing systems, interfaces with other management information systems associated with the order fulfillment process, and is offered in the Restricted Territory; provided, however, that such term does not include any point-of-sale systems that are web hosted with the software and associated data residing centrally, outside the retail site;
Examples of Competitive Offerings in a sentence
During the Restricted Period, Shareholder agrees not to solicit, directly, by assisting others, or by any indirect means, any business from any of the Company’s or its Subsidiaries’ customers or clients, including prospective customers or clients, with whom Shareholder has had Material Contact at any time in the two years preceding the Effective Date, for the purpose of providing Competitive Offerings.