Restricted Field definition
Examples of Restricted Field in a sentence
During the Non-Competition Period, except as required for the proper performance of the Executive’s duties and responsibilities to the Company and its Affiliates, the Executive further agrees not to work for or provide services, in any capacity, whether as an employee, independent contractor or otherwise, whether with or without compensation, to any Person that is engaged in any business in the Restricted Field.
Roxio hereby grants to Adaptec a nonexclusive, irrevocable, fully paid-up, worldwide license, without the right to grant sublicenses, under the Wild File Patents to make (including the right to practice methods, processes and procedures), have made, use, lease, sell, offer for sale and import any products and services embodying or made in accordance with any invention of the Wild File Patents, but excluding products within the Restricted Field.
During the Term (the "Restrictive Period"), you will not, directly or indirectly, engage in or be connected with any business that is involved in the Restricted Field (as defined below), whether as an officer, director, stockholder, owner, employee, partner, affiliate or consultant, or assist others engaging in any such business, except with the prior approval of the Company.
As of the Effective Date and to the Knowledge of Licensor, there are no FDA (or equivalent) “field alerts” (or the equivalent in countries outside the United States) pending with respect to any Products or GE Products in the Field or Restricted Field.
In addition, solely in the event that such leases are terminated due to a Default (as such term is defined in any such lease) by C&A Products or a Subsidiary of C&A Products, Textron and its Affiliates shall be entitled to Use the Equipment within the Restricted Field.