Named Competitor definition

Named Competitor means any business or entity that competes with the Company or any part of Travelport’s business with which the Executive is involved.

Named Competitor shall have the meaning specified in Article 10.3;

Named Competitor means any company that derives more than 50% of its annual revenues from the provision of high mix electronic manufacturing services to original equipment manufacturers in the semiconductor capital equipment, aerospace and defense electronics, computer peripherals, medical equipment, industrial controls, telecommunications equipment and/or electronic instrumentation industries. Executive further agrees that during the Non-Compete Period he will not assist or encourage any other person in carrying out any activity that would be prohibited by the provisions of this Section 6 if such activity were carried out by Executive and, in particular, Executive agrees that he will not induce any employee of the Company to carry out any such activity; provided, however, that the “beneficial ownership” by Executive, either individually or as a member of a “group,” as such terms are used in Rule 13d of the General Rules and Regulations under the Exchange Act, of not more than five percent (5%) of the voting stock of any publicly held corporation shall not be a violation of this Agreement.

Examples of Named Competitor in a sentence

• Notwithstanding the foregoing, no provision in this agreement shall be construed as prohibiting a Financial Institution licensed to use the System from independently retaining a Named Competitor or Excluded Licensee to serve as its Facilities Manager.

• Employee therefore agrees that, for a period of one (1) year following termination of his employment with the Company, he shall not directly or indirectly, within the State of Georgia or within a 100-mile radius of the addresses of the competitors of the Company expressly listed on Exhibit "B" ----------- hereto (the "Named Competitors"), become engaged or employed by any Named Competitor in a capacity substantially identical to the functions and duties Employee performs on behalf of the Company.

• Due to the significant Background Technology that each Party brings to the Advantest Cloud as envisioned by the Parties, during the Project Term, (a) Licensee shall [***] with any third party [***] and (b) PDF shall not [***] with any Advantest Named Competitor [***].

• Notwithstanding the foregoing, in the event of a direct or indirect change of control of PDF to an Advantest Named Competitor, whereafter PDF or its successor materially fails to fulfill its obligations hereunder, then Licensee’s recoverable damages for such breaches is limited to [***] in total for the initial Project Term (i.e., excluding any Renewal).

• During the term of the Agreement, in the event that an Excite Named Competitor acquires FairMarket, or merges with FairMarket or acquires control of all or substantially all of FairMarket's assets, Excite may terminate the Agreement by providing ninety (90) days written notice within ninety (90) days of Excite's notification of such merger or acquisition.

More Definitions of Named Competitor

Named Competitor means any company that derives more than 50% of its annual revenues from the provision of high mix electronic manufacturing services to original equipment manufacturers in the computer peripherals, medical equipment, industrial controls, telecommunications equipment and electronic instrumentation industries. Executive further agrees that during the Non-Compete Period he will not give material assistance or encouragement to any other person in carrying out any activity that would be prohibited by the provisions of this Section 6 if such activity were carried out by Executive, or give any assistance or encouragement to any other person in carrying out any such activity for the purpose of competing against the Company, and, in particular, Executive agrees that he will not induce any employee of the Company to carry out any such activity; provided, however, that the "beneficial ownership" by Executive, either individually or as a member of a "group," as such terms are used in Rule 13d of the General Rules and Regulations under the Exchange Act, of not more than five percent (5%) of the voting stock of any publicly held corporation shall not be a violation of this Agreement. Notwithstanding the foregoing, this Section 6(a) shall not apply if Executive is terminated by the Company prior to January 17, 2001, for any reason other than for Cause.

Named Competitor as defined in any relevant Definitive Agreement.

Named Competitor means any person or entity engaged in activities directly competitive with products and services of the corporation provided by or engaged in by the corporation at the time of the applicable proposed Transfer, or for which the corporation has taken material steps to develop, market or provide at the time of the Confidential Treatment Requested by Compass, Inc. Pursuant to 17 C.F.R. Section 200.83 applicable proposed Transfer, or any Affiliate of such person or entity, as set forth on a list approved in good faith by the Board of Directors. The Board of Directors shall update the list of Named Competitors within thirty (30) days after June 30 and December 31 of each year; provided that if such list has not been prepared in such period, the most recent list so prepared will remain in effect.

Named Competitor means any person or entity engaged or planning to engage in activities competitive, either directly or indirectly, with the then current and proposed products and services of the corporation, or any affiliate of such person or entity, as set forth on a list approved in good faith by the Board of Directors. The Board of Directors shall update the list of Named Competitors from time to time but at a minimum within thirty (30) days after June 30 and December 31 of each year; provided that if such list has not been prepared in such period, the most recent list so prepared will remain in effect.

Named Competitor means any of the following companies: (a) 360 Treasury Systems, Xxxxxx Solutions, Bloomberg, CFETS, Clearing Corp., CME, CoesFX, Cognotec, Currenex, EBS, eSpeed, Fairex, Flextrade, GFI, ICAP, Integral Development Corp., Knight Trading, Lava (subsidiary of Citigroup), Misys, Oanda, Portware, Reuters, Saxo Bank, State Street Bank, Thomson Financial, Trader Tools, Trading Technologies or Velocity Systems, (b) a Competitor which derives twenty five percent (25%) of its revenue from a Competing System and which has been designated by the Board of Directors of the Company as a subsequent named competitor or (c) any entity that merges with or acquires a majority of the voting stock or assets of an entity identified in (a) or (b) above.

Named Competitor is defined as any entity contained in a mutually agreed upon list of up to five (5) direct competitors of Client’s core business as set forth in Exhibit A to this Agreement.

Named Competitor means any person operating business under any of the following brands and any Affiliates of such person from time to time: [***] and Affiliates thereof;