Prohibited Competitor definition

Prohibited Competitor means no greater than ten (10) specifically named entities, identified by the Company, that compete with the Company in the Restricted Territory with respect to the Competitive Services at the time of a Qualified Termination, to be stated with more specificity in the restrictive covenant agreement required by Section 4.

Prohibited Competitor means any one of the following companies or any parent or subsidiary thereof: Rooms to Go, Ashley Furniture Industries, Inc., Xxxxx Xxxxx Interiors Inc., City Furniture, American Signature Furniture, Living Spaces, Nebraska Furniture Mart, or Xxxxxxx Furniture Industries, Inc.

Prohibited Competitor means any Person listed on Schedule 2, as may be updated from time to time in accordance with Section 6.3(b).

Examples of Prohibited Competitor in a sentence

• Unless waived in writing by the most senior Human Resources officer of the Company (or his or her successor), the Participant shall not, during the Non-Competition Period, (i) carry on or engage in Competitive Services on behalf of a Prohibited Competitor within the Restricted Territory on his or her own or on behalf of any other person or entity, or (ii) own, manage, operate, join, control or participate in the ownership, management, operation or control, of any Prohibited Competitor.

• During the Restricted Period, Employee agrees that he will not, on behalf of a Prohibited Competitor, directly or indirectly, for himself or on behalf of or in concert with any others, engage in any operations, sales or management activities, which are like or similar to those activities performed by Employee while working for the Company Group.

• This non-competition clause is limited to any such post-employment activities in which Employee engages in North America, whether as an owner, investor, officer, director, board member, consultant, employee, agent or a representative of a Prohibited Competitor.

• During the Restricted Period, Employee agrees that he will not, directly or indirectly, for himself or on behalf of or in concert with any other entity or business, (1) solicit or divert on behalf of, or appropriate to, any Prohibited Competitor, or (2) attempt to solicit or divert on behalf of, or appropriate to, any Prohibited Competitor, any private label tissue business, from any customer or actively sought prospective customer of the Company Group.

• Unless waived in writing by the most senior Human Resources officer of the Company (or her successor), the Employee shall not, for a period of twelve (12) months following the Separation Date, (i) carry on or engage in Competitive Services on behalf of a Prohibited Competitor within the United States on her own or on behalf of any other person or entity, or (ii) own, manage, operate, join, control or participate in the ownership, management, operation or control, of any Prohibited Competitor.

More Definitions of Prohibited Competitor

Prohibited Competitor means any one of the following companies or any parent or subsidiary thereof:

Prohibited Competitor means (i) any Competitor listed on Appendix (A) hereto, as may be updated from time to time in accordance with Section 6.3(b) and (ii) any person owned or controlled by an entity existing under the laws of a country or territory that is subject to, or a target of, any Sanctions.

Prohibited Competitor means (i) KFC Corporation, (ii) Church’s Chicken, (iii) Bojangles’, (iv) Zaxby’s, (v) Chick-fil-A, (vi) Raising Cane’s, (vii) any other company engaged in a Competitive Business, and (viii) any franchisee of a Prohibited Competitor.

Prohibited Competitor shall have the meaning given to such term in paragraph 11.2.1.

Prohibited Competitor means: [***].

Prohibited Competitor has the meaning assigned to such term in Section 4.2(g).

Prohibited Competitor means the business of providing long-term care, life, or mortgage insurance and products, and services related to same, and in no event shall include TriNet. Notwithstanding the foregoing, Employee may passively own or hold equity securities of a Prohibited Competitor, provided that (i) such equity securities are publicly traded on a securities exchange, and (ii) Employee’s aggregate holdings of such securities do not exceed at any time one percent (1%) of the total issued and outstanding equity securities of such company or entity.