Examples of Prohibited Activity in a sentence
The conclusion of payment for engaging in Prohibited Activity shall apply, even if Executive's noncompetition restriction does not extend beyond Executive's Employment Term.
Executive agrees to notify the Company in writing immediately upon Executive’s commencement of Prohibited Activity.
Executive understands and agrees that Executive must immediately return or repay to the Company any Severance Benefit, or portion thereof, that was made to Executive after the time Executive engages in Prohibited Activity.
The undersigned represents and warrants that the undersigned is not, and has not caused or directed any of its affiliates to be or become, currently a party to any agreement or arrangement that is designed to or which reasonably could be expected to lead to or result in any Prohibited Activity during the Lock-Up Period.
The Company’s obligation to pay the Severance Benefit under this Agreement shall end immediately upon Executive engaging in Prohibited Activity (as defined under Subsection 9(b)), or upon the conclusion of the twelve (12)-month period, whichever occurs first.