Restricted Region definition
Examples of Restricted Region in a sentence
For purposes hereof, the "Restricted Region" shall mean any state or location in which the Company operates and conducts its business or into which the Company directs its services.
During the term of my employment with the ---------------------- Company, and for a period of one (l) year thereafter, regardless of reason for termination, I will not, directly or indirectly, whether as owner, partner, shareholder, consultant, agent, employee, co-venturer or otherwise, engage, participate or invest in any business activity in the Restricted Region with respect to the Services.
If during the Restricted Period, Buyer acquires any interest in any Person engaged in oil and gas exploration and production in the Restricted Region (the “E&P Business”), Buyer will give TAT written notice of such acquisition within ten days after the consummation of such acquisition (the “E&P Acquisition Notice”).
For purposes of this Agreement, the term "COMPETITIVE BUSINESS" means the provision of consulting and implementation services to users of PeopleSoft software in the Restricted Region (as defined below).
Ancillary to the payment of the Additional Payments, to protect the Company’s goodwill and other economic interests, in consideration for the payment of Additional Payments, by signing this Agreement you agree that during twenty-four (24) month-period commencing on the Effective Date you will not directly or indirectly engage in Competition in the Restricted Region.