Competitive Organization definition

Competitive Organization means: any person(s) organization(s), or entity(ies) which is/are engaged in the manufacture of a Competitive Product.
Competitive Organization is defined as any person or organization, including me, engaged in, or about to become engaged in, research on or the acquisition, development, production, distribution, marketing, or providing, of any product, process, or service of any person or organization other than the Company, in existence or under development, which is identical to, substantially the same as, or an adequate substitute for any product, process, or service of the Company, in existence or under development, on which I work directly or indirectly during the last two (2) years of my employment or engagement with the Company or about which I acquired Confidential Information, worldwide.

Examples of Competitive Organization in a sentence

  • For purposes of this Section 27, Competitive Organization or Business is defined as those corporations, institutions, individuals, or other entities identified by the Company as competitive or working to become competitive in the Company’s most recently filed annual report on Form 10-K.

  • It shall not be a basis for Termination, Rescission or Recapture if after your termination of employment, you purchase, as an investment or otherwise, stock or other securities of a Competitive Organization or Business, so long as (i) such stock or other securities are listed upon a recognized securities exchange or traded over-the-counter, and (ii) such investment does not represent more than a five percent equity interest in the organization or business.

  • In order to help protect those interests, while employed by GAFMC and for twelve (12) months (the "Restricted Period") after my employment is terminated (i) by me or (ii) by the Company for cause, I agree not to become engaged, directly or indirectly, as an employee, consultant or otherwise, for any Competitive Organization in any management, executive, sales and marketing, research and development or operations position.

  • It shall not be a basis for Termination, Rescission or Recapture if after your termination of employment, you purchase, as an investment or otherwise, stock or other securities of a Competitive Organization or Business, so long as (x) such stock or other securities are listed upon a recognized securities exchange or traded over-the-counter, and (y) such investment does not represent more than a one percent equity interest in the organization or business.

  • In order to help protect those interests, during the Term of Employment set forth in the Employment Agreement by and between me and GAFMC and for twenty-four (24) months (the "Restricted Period") after the expiration of such Term of Employment, I agree not to become engaged, directly or indirectly, as an employee, consultant, or otherwise for any Competitive Organization in any management, executive, sales and marketing, research and development or operations position.

  • If the Agreement Regarding Confidentiality and Competition becomes effective, the definition of "Competitive Organization" as set forth in Paragraph 2(iii) thereof shall include only roofing manufacturing companies, and not distributors or customers of Employer and the Restricted Period (as defined in Paragraph 2 of the Agreement Regarding Confidentiality and Competition) shall be 18 months.

  • For twelve (12) months after termination, I will not, directly or indirectly, attempt to hire, engage the services of, or employ in any manner any person who is then a GAFMC executive, management, sales and marketing, operations, or research and development employee to work with or provide services for a Competitive Organization.

  • I agree not to become engaged, directly or indirectly, as an employee, consultant, or otherwise for any Competitive Organization in any management, executive, sales and marketing, research and development or operations position in which my soliciting business, on the Competitive Organization's behalf, from any person(s), organization(s), or entity(ies), to whom I sold or marketed Competitive Product(s)could be of the competitive advantage to the Competitive Organization.

  • In order to help protect those interests, while employed by GAFMC and for twelve (12) months (the “Restricted Period”) after my employment is terminated (i) by me or (ii) by the Company for cause, I agree not to become engaged, directly or indirectly, as an employee, consultant or otherwise, for any Competitive Organization in any management, executive, sales and marketing, research and development or operations position.

  • For purposes of this Section 30, Competitive Organization or Business is defined as those corporations, institutions, individuals, or other entities identified by the Company as competitive or working to become competitive in the Company’s most recently filed annual report on Form 10-K.