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.
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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.
Sample 1

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.

  • 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.

  • 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.

  • 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.

  • 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.

Related to Competitive Organization

  • Indian organization means the governing body of any Indian tribe or entity established or recognized by the governing body of an Indian tribe for the purposes of 25 U.S.C., chapter 17.

  • Competing Organization means any person or organization engaged in, or with definitive plans to become engaged in, research or development, production, distribution, marketing or selling of a Competing Product.

  • Business organization means an individual, partnership, association, joint stock company, trust, corporation or other legal business entity or successor thereof.

  • Health care organization ’ means any person or en-

  • Banking organization means a bank, trust company, savings bank, industrial bank, land bank, safe deposit company, private banker, or any organization defined by law as a bank or banking organization.

  • international organization shall have the meanings set forth in Section 7701 of the Code or successor provisions.

  • Eligible organization means a veterans, charitable, educational, religious, fraternal,

  • ADR Organization means The American Arbitration Association or, if The American Arbitration Association no longer exists or if its ADR Rules would no longer permit mediation or arbitration, as applicable, of the dispute, another nationally recognized mediation or arbitration organization selected by the Sponsor.

  • Managed care organization means an entity that (1) is under contract with the department to provide services to Medicaid recipients and (2) meets the definition of “health maintenance organization” as defined in Iowa Code section 514B.1.

  • Member organization means any individual, corporation, limited liability company, partnership, or association that belongs to an association.

  • Nonprofit organization means a university or other institution of higher education or an organization of the type described in section 501(c)(3) of the Internal Revenue Code of 1954 (26 U.S.C. 501(c) and exempt from taxation under section 501(a) of the Internal Revenue Code (25 U.S.C. 501(a)) or any nonprofit scientific or educational organization qualified under a state nonprofit organization statute.

  • Managed Care Organization (MCO) means a contracted health delivery system providing capitated or prepaid health services, also known as a Prepaid Health Plan (PHP). An MCO is responsible for providing, arranging, and making reimbursement arrangements for covered services as governed by state and federal law. An MCO may be a Chemical Dependency Organization (CDO), Dental Care Organization (DCO), Mental Health Organization (MHO), or Physician Care Organization (PCO).

  • Labor organization means any organization of any kind, or any agency or employee representation committee or plan, in which employees participate and that exists for the purpose, in whole or in part, of dealing with employers concerning grievances, labor disputes, wages, rates of pay, hours of employment, or conditions of work.

  • Lead organization means a trade organization, labor organization or other incorporated entity representing a group of businesses that is the applicant for a business network project.