Playboy Business definition
Playboy Business means (a) the business of producing, licensing, acquiring, distributing, marketing, and otherwise exploiting or conducting any other activity with respect to any Adult Programming (including, motion pictures, feature films, game shows, feature programs, Pay-Per-View programs and magazine format shows) for distribution via the Media in the Territory, (b) the transmission and distribution of the television networks currently known as "Playboy TV", "Spice", "Spice 2", and "Spice Platinum" and any other Adult Programming network subsequently owned, operated or controlled by PEI in the Media in the Territory, (c) subsequent to the Closing, the transmission and distribution of the television channels currently known as "The Hot Network", "The Hot Zone", and "Vivid TV" and their successors, (d) any other business, venture or activity which competes with any of the networks or channels listed in clauses (b) and (c), or with any business, venture or activity conducted or proposed to be conducted directly or indirectly by PEI in connection with exploiting Adult Programming in the Media in the Territory. Notwithstanding the foregoing, nothing in the above definition will be construed to prohibit Stockholders from engaging in the Vivid Business.
Playboy Business means the business of (i) producing, licensing, distributing, marketing and otherwise acquiring any rights or conducting any other activity with respect to any kind of Adult Programming for transmission via the Media, (ii) providing transmission of Adult Programming via the Media to all destinations, including personal and other computers, television, and all other media now or hereinafter developed;