Non-Compete Period definition

Non-Compete Period shall have the meaning set forth in Section 5.6(a).

Non-Compete Period means the period commencing on the Effective Date and ending twelve months after the earlier of the expiration of the Employment Period or the Executive’s Date of Termination.

Non-Compete Period means the period commencing on the Effective Date and ending twenty-four (24) months following the termination of the Executive’s employment with the Company for any reason.

Examples of Non-Compete Period in a sentence

• If none of the above apply, but one of the following was true at any time during the twelve (12) months immediately preceding the termination of your employment: Then the Non-Compete Period will continue for: You were a Managing Director, Senior Managing Director or Senior Vice President working in one of the Specified Job Families Six (6) months You were a Vice President working in one of the Specified Job Families Three (3) months 5.

• In addition, the Company shall pay Executive a lump sum payment of seventy-five thousand dollars ($75,000.00) in consideration for the extended Non-Compete Period as set forth in Section 9 (collectively, the “Severance Benefits”).

• During the Non-Compete Period, Executive shall not directly recruit or otherwise solicit or induce any senior executive employee of the Company to terminate his employment with the Company or any of the Company’s affiliates in order to be hired by Executive in a business which competes directly with the Business; provided, however, that general solicitation or advertising for employment by Executive shall not be prohibited by this Section 9(b).

• If none of the above apply, but one of the following was true at any time during the twelve (12) months immediately preceding the termination of your employment: Then the Non-Compete Period will continue for: You were a Managing Director, Senior Managing Director or Senior Vice President working in one of the Specified Job Families Six (6) months You were a Vice President working in one of the Specified Job Families Three (3) months 4.

• Employee acknowledges and agrees that (a) Employee has continuing non-competition, non-solicitation and non-disclosure obligations under the Employment Agreement, and (b) the Non-Compete Period as described therein shall be extended to thirty-six (36) months after the Termination Date.

More Definitions of Non-Compete Period

Non-Compete Period means the period commencing on the Grant Date and ending twelve (12) months after the termination of the consulting arrangement unless the consulting agreement specifies a different time period.

Non-Compete Period has the meaning given in Section 7.

Non-Compete Period means the period beginning on the Closing Date and ending on the fifth anniversary of the Closing Date.

Non-Compete Period means the period commencing on the Grant Date and ending twelve (12) months after the Participant’s date of termination of employment.

Non-Compete Period means the period ending on the first anniversary of his Date of Termination. The Executive acknowledges that the services provided by the Executive are of a special, unique, and extraordinary nature. The Executive further acknowledges that his work and experience with the Company will enhance his value to a Competitive Business, and that the nature of the Confidential Information to which the Executive has immediate access and will continue to have access during the course of his employment makes it difficult, if not impossible, for him to engage in any Competitive Business without disclosing or utilizing the Confidential Information. The Executive further acknowledges that his work and experience with the Company places him in a position of trust with the Company.

Non-Compete Period means:

Non-Compete Period is defined in Section 6(b)(i).