Non-Compete definition

Non-Compete. Owner understands that FSUI's customer base and prospect list are part of the assets being purchased by WWWN for valuable consideration, and also acknowledges his familiarity with WWWN's overall business. Accordingly, Owner promises not to solicit his customers or any WWWN customers, directly or indirectly, or assist a third party in soliciting any of these customers, for a period of 5 years from the date of Closing. Additionally, Owner agrees not to solicit WWWN employees nor compete or consult against WWWN, directly or indirectly, in any market WWWN is in or has advised Owner it is expanding into, for a period of three years. These markets include the entirety of Southern California, Santa Xxxxxxx, Las Vegas, the San Francisco Bay area, inclusive of Oakland, and Honolulu.
Non-Compete. The blank space between the term “For A Period Of” and the word “Years” should have the number of years when the Contractor must avoid behaving in the defined manner with competing Businesses after the Termination of this working relationship. Step 3 – Define The Business’ Rent Expectations And The Contractor’s Compensation Requirements In some cases, The Xxxxxx Shop or Salon may require Rent of the Contractor. The next section “III.
Non-Compete. The blank space between the term “For A Period Of” and the word “Years” should have the number of years when the Contractor must avoid behaving in the defined manner with competing Businesses after the Termination of this working relationship. Step 3 – Define The Business’ Rent Expectations And The Contractor’s Compensation Requirements In some cases, The Xxxxxx Shop or Salon may require Rent of the Contractor. The next section “III. Rent” shall focus on this provision. Three checkbox statements have been presented here. Xxxx the checkbox statement that best defines the terms that should be applied to this document. If the Contractor must pay the Salon or Barbershop rent then mark the first checkbox statement, then enter the Rent Payment Amount on the blank space following the Dollar Sign. This will require you locate the three checkboxes in this choice then mark the correct checkbox to indicate if this Rent amount is due “Daily,” “Weekly,” or “Monthly.” If the Contractor does not have to pay a rent amount for “Chairs, Salon Booths, Or Any Other Equipment Of The Company” then mark the checkbox statement labeled “Shall Not Be Liable For Rent.” In “

Examples of Non-Compete in a sentence

  • It is further acknowledged and agreed that during the Non-Compete Period the Employee shall not solicit business from the Employer, including but not limited to, current or past clients that were retained by the Employer.

  • Furthermore, it is agreed that during the Non-Compete Period the Employee shall not hire or attempt to employ any current employees of the Employer.

  • If the Non-Compete Period is longer than the State mandated time-frame, the Non-Compete Period shall be the maximum time- period allowed by law.

  • The Participant agrees that, before providing services, whether as an employee or consultant, to any entity during the Non-Compete Period, he/she will provide a copy of this Agreement to such entity, and such entity shall acknowledge to the Company in writing that it has read this Agreement.

  • The foregoing shall not affect Company’s right to enforce the Non-Compete pursuant to Section 7.


More Definitions of Non-Compete

Non-Compete means Sellers’ covenants and obligations under Section 5.27.
Non-Compete means an agreement between the physician and the medical facility under which the physician agrees not to enter into competition with the medical facility after employment ends.
Non-Compete has the meaning set forth in Section 2.3(a).
Non-Compete is defined in Section V of the Agreement.
Non-Compete has the meaning assigned to such term in Section 4.8(e).
Non-Compete as used herein shall mean that the Director/Instructor/contract worker shall not own, manage, operate, consult to or be employed in a business substantially similar to or competitive with the present tutoring, test preparation, and collegiate preparation business of Cornerstone Academic for a period of four (4) years from the date of leave or termination. The undersigned Director/Instructor/contract worker also agrees not to disclose or in any manner distribute any privileged information and materials deemed confidential including, but not limited to: strategies, lesson plans and specific forms, documents, electronic files, etc. received from Cornerstone Academic to any person/persons or third party without the expressed and written consent of Cornerstone Academic whether for compensation or not. Such permission is neither given nor implied. Required Confidentiality For so long as Director/Instructor/contract worker shall remain engaged by Cornerstone Academic and for a period of four (4) years after termination of engagement with Cornerstone Academic for any reason, Director/Instructor/contract worker shall not disclose or communicate any “Confidential Information” to any person or entity other than Cornerstone Academic nor use said “Confidential Information” for any purpose or reason other than the benefit of Cornerstone Academic. For purposes of the preceding sentence, “Confidential Information” means any information regarding Cornerstone Academic’s business methods, business policies, procedures, techniques, research or development projects or results, sales information of any kind, financial information of any kind, trade secrets or other knowledge processes by Cornerstone Academic which is not generally known by individuals outside of Cornerstone Academic (including Cornerstone Academic’s employees, consultants, and advisors). Also, “Confidential Information” shall additionally include, but not be limited to, the following information of Cornerstone Academic: • Customer lists or other customer information; • Sales strategy, tactics, presentations or methods; • Intellectual property or information pertaining to products or services under development; • Any information performed within the service deemed integral to the services provided by Cornerstone Academic; and • Pricing information, price lists, or compensation structures. Non-Compete Agreement For so long as Director/Instructor/contract worker shall remain engaged by Cornerstone Academic and for...
Non-Compete has the meaning set out in Section 4.03(1).