Prohibited Time Period definition

Prohibited Time Period means the period beginning on the date of execution hereof and ending on the date that is twelve (12) months after the termination of employment for any reason whatsoever of Executive.

Prohibited Time Period means the period beginning on the date of execution hereof and ending on the date that is six (6) months after the termination of this Agreement for any reason whatsoever.

Prohibited Time Period means the period beginning on the date of execution hereof and ending on the date that is one (1) year after the termination of Grantee’s employment with the Company.

Examples of Prohibited Time Period in a sentence

• Each Stockholder agrees that during ------------------------- the Prohibited Time Period, he shall not, for any reason, without the prior written consent of the Company, on his own behalf or in the service or on behalf of others, participate, whether as an owner, stockholder, partner, employee, consultant, agent, independent contractor or otherwise, in the Prohibited Business in the Prohibited Geographic Area.

• Participant agrees that during the Prohibited Time Period, he or she shall not, for any reason, without the prior written consent of the Company, on his or her own behalf or in the service or on behalf of others, hire any Prohibited Employee or request or induce any Prohibited Employee to terminate that person’s employment or relationship with the Company or to accept employment with any other person.

• If a person is an interested person with respect to any entity of which the Corporation is a part, he or she is an interested person with respect to all entities of the corporation.

• Optionee agrees that during the Prohibited Time Period, he shall not, for any reason, without the prior written consent of the Company, on his own behalf or in the service or on behalf of others, hire any Prohibited Employee or request or induce any Prohibited Employee to terminate that person’s employment or relationship with the Company or to accept employment with any other person.

• Executive agrees that during the Prohibited Time Period, he shall not, directly or indirectly (whether as officer, director, consultant, employee, representative, agent, partner, owner, stockholder or otherwise), for any reason, without the prior written consent of the Company, on his own behalf or in the service or on behalf of others, pursue the Prohibited Business.

More Definitions of Prohibited Time Period

Prohibited Time Period means the period beginning on the date of this Agreement and ending on the date that is two (2) years after the date hereof.

Prohibited Time Period means the period beginning on the Resignation Date and ending on the date that is two (2) years after the date hereof.

Prohibited Time Period means the period beginning on the date of execution hereof and ending on the date that is twelve (12) months after the termination of employment for any reason whatsoever of Executive. (ii) “Prohibited Business” shall mean the business of providing charter or scheduled airline service. The Prohibited Business shall include, but is not limited to, employment with an existing airline or with a group which within one (1) year prior to the termination of Executive’s employment or after the termination of employment, begins to take steps to form a start-up airline.

Prohibited Time Period means the period beginning on the date of execution hereof and end eighteen (18) months after the execution.

Prohibited Time Period means the period beginning on the date of execution hereof and ending on the date that is the later of (i) one (1) year after the termination of Ward'x xxxloyment with Intelispan, or (ii) two (2) years after the Closing Date.

Prohibited Time Period means the period beginning on the date of execution hereof and ending on the date that is three (3) years after the Closing Date.

Prohibited Time Period means the period beginning on the date of execution hereof and ending on the date that is twelve (12) months after the termination of employment for any reason whatsoever of Executive. (ii) “Prohibited Business” shall mean the business of providing charter or scheduled airline service. The Prohibited Business shall include, but is not limited to, employment with an existing airline or with a group which within one (1) year prior to the termination of Executive’s employment or after the termination of employment, begins to take steps to form a start-up airline. (iii) “Prohibited Geographic Area” shall mean the conduct of the Prohibited Business within the United States or between the United States and Mexico, Canada or the Caribbean, whether he is physically located in the Prohibited Geographic Area or whether he is in contact with others located in the Prohibited Geographic Area. Executive acknowledges that he and the Company have agreed that Executive’s services will benefit the Company throughout the Prohibited Geographic Area. (iv) “Prohibited Capacity” shall mean service in the capacity of an executive or in such other management position or as a significant equity owner or consultant, in which capacities Executive acknowledges that he has served or will serve the Company and its subsidiaries during the course of his employment for the Company.