SIMILAR BUSINESS TO COMPANY definition

SIMILAR BUSINESS TO COMPANY means any business or other enterprise that is competitive with the current or planned businesses, products, services or operations of the Company or any of its affiliated entities at the time of termination of Executive's employment including, without limitation, municipal biosolids. Executive hereby agrees that the limitations set forth above on his rights to compete with Company after his termination of employment are reasonable and necessary for the protection of Company. In this regard, Executive specifically agrees that such limitations as to the period of time, geographic area and types and scopes of restriction on his activities, as specified above, are reasonable and necessary to protect the goodwill and other business interests of Company. However, should the time period, the geographic area or any other non-competition provision set forth herein be deemed invalid or unenforceable in any respect, then Executive acknowledges and agrees that, as set forth in Section 15 hereof, reformation may be made with respect to such time period, geographic area or other non-competition provision in order to protect Company's reasonable business interests to the maximum permissible extent.
SIMILAR BUSINESS TO COMPANY means any business or other enterprise that is competitive with the current or planned businesses, products, services or operations of the Company or any of its affiliated entities at the time of termination of Executive's employment including, without limitation, municipal biosolids management. For purposes of clarity, the non-compete and other provisions of this Section 14 shall not apply to Executive if Executive's employment hereunder is terminated (i) by the Company without Cause (as defined in Section 6(b)), or (ii) by the Executive for Good Reason (as defined in Section 6(b)). Executive hereby agrees that the limitations set forth above on his rights to compete with Company after his termination of employment are reasonable and necessary for the protection of Company. In this regard, Executive specifically agrees that such limitations as to the period of time, geographic area and types and scopes of restriction on his activities, as specified above, are reasonable and necessary to protect the goodwill and other business interests of Company. However, should the time period, the geographic area or any other non-competition provision set forth herein be deemed invalid or unenforceable in any respect, then Executive acknowledges and agrees that, as set forth in Section 15 hereof, reformation may be made with respect to such time period, geographic area or other non-competition provision in order to protect Company's reasonable business interests to the maximum permissible extent.
SIMILAR BUSINESS TO COMPANY means any business or other enterprise that is competitive with the current or planned businesses, products, services or operations of the Company or any of its affiliated entities at the time of termination of Executive's employment. For purposes of clarity and not limitation, the non-compete and other provisions of this Section 14 shall not apply to Executive if Executive's employment hereunder is terminated (a) by the Company without Cause (as defined in Section 6(b)), (b) by the Executive for Good Reason (as defined in Section 6(b)), or (c) after the Term of Employment (as defined in Section 4) has expired due to non-renewal by the Company. Executive hereby agrees that the limitations set forth in this Section 14 on his rights to compete with Company after his termination of employment are reasonable and necessary for the protection of Company. In this regard, Executive specifically agrees that such limitations as to the period of time, geographic area and types and scopes of restriction on his activities, as specified above, are reasonable and necessary to protect the goodwill and other business interests of Company. However, should the time period, the geographic area or any other non-competition provision set forth herein be deemed invalid or unenforceable in any respect, then Executive acknowledges and agrees that, as set forth in Section 15 hereof, reformation may be made with respect to such time period, geographic area or other non-competition provision in order to protect Company's reasonable business interests to the maximum permissible extent.

More Definitions of SIMILAR BUSINESS TO COMPANY

SIMILAR BUSINESS TO COMPANY means any business or other enterprise that is competitive with the current or planned businesses, products, services or operations of the Company or any of its affiliated entities at the time of termination of Executive's employment including, without limitation, handling, processing or transporting municipal biosolids, industrial organic residuals and manure. Executive hereby agrees that the limitations set forth above on his rights to compete with Company after his termination of employment are reasonable and necessary for the protection of Company. In this regard, Executive specifically agrees that such limitations as to the period of time, geographic area and types and scopes of restriction on his activities, as specified above, are reasonable and necessary to protect the goodwill and other business interests of Company. However, should the time period, the geographic area or any other non-competition provision set forth herein be deemed invalid or unenforceable in any respect, then Executive acknowledges and agrees that, as set forth in Section 15 hereof, reformation may be made with respect to such time period, geographic area or other non-competition provision in order to protect Company's reasonable business interests to the maximum permissible extent.
SIMILAR BUSINESS TO COMPANY means any business or other enterprise that is competitive with the current or planned businesses, products, services or operations of the Company or any of its affiliated entities at the time of termination of Executive's employment. For purposes of clarity and not limitation, the non-compete and other provisions of this Section 13 shall not apply to Executive if Executive's employment hereunder is terminated (a) by the Company without Cause (as defined in Section 6(c)), (b) by the Executive for Good Reason (as defined in Section 6(c)), or (c) after the Term of Employment (as defined in Section 4) has expired due to non-renewal by the Company. Executive hereby agrees that the limitations set forth in this Section 13 on his rights to compete with Company after his termination of employment are reasonable and necessary for the protection of Company. In this regard, Executive specifically agrees that such limitations as to the period of time, geographic area and types and scopes of restriction on his activities, as specified above, are reasonable and necessary to protect the goodwill and other business interests of Company. However, should the time period, the geographic area or any other non-competition provision set forth herein be deemed invalid or unenforceable in any respect, then Executive acknowledges and agrees that, as set forth in Section 14 hereof, reformation may be made with respect to such time period, geographic area or other non-competition provision in order to protect Company's reasonable business interests to the maximum permissible extent.
SIMILAR BUSINESS TO COMPANY means any business or other enterprise that is competitive with the current or planned businesses, products, services or operations of the Company or any of its affiliated entities at the time of termination of Executive’s employment. Executive hereby agrees that the limitations set forth in this Section 17 on his rights to compete with the Company after his termination of employment are reasonable and necessary for the protection of Company. In this regard, Executive specifically agrees that such limitations as to the period of time, geographic area and types and scopes of restriction on his activities, as specified above, are reasonable and necessary to protect the goodwill and other business interests of Company. However, should the time period, the geographic area or any other non-competition provision set forth herein be deemed invalid or unenforceable in any respect, then Executive acknowledges and agrees that, as set forth in Section 15 hereof, reformation may be made with respect to such time period, geographic area or other non-competition provision in order to protect Company’s reasonable business interests to the maximum permissible extent.
SIMILAR BUSINESS TO COMPANY means any business or other enterprise that is competitive with the current or planned businesses, products, services or operations of the Company or any of its affiliated entities at the time of termination of Executive's employment. However, the trading of commodities including sugar, agricultural
SIMILAR BUSINESS TO COMPANY means any business or other enterprise that is competitive with the current or planned businesses, products, services or operations of the Company, or any of its affiliated entities, (provided the business, products or services are an integral part of municipal or industrial residuals management) at the time of termination of Executive's employment including, without limitation, municipal biosolids. Executive hereby agrees that the limitations set forth above on his rights to compete with Company after his termination of employment are reasonable and necessary for the protection of Company. In this regard, Executive specifically agrees that such limitations as to the period of time, geographic area and types and scopes of restriction on his activities, as specified above, are reasonable and necessary to protect the goodwill and other business interests of Company. However, should the time period, the geographic area or any other non-competition provision set forth herein be deemed invalid or unenforceable in any respect, then Executive acknowledges and agrees that, as set forth in Section 15 hereof, reformation may be made with respect to such time period, geographic area or other non-competition provision in order to protect Company's reasonable business interests to the maximum permissible extent.
SIMILAR BUSINESS TO COMPANY means any business or other enterprise that is competitive with the current or planned businesses, products, services or operations of the Company or any of its affiliated entities at the time of termination of Executive's employment. For purposes of clarity, the non-compete and other provisions of this Section 14 shall not apply to Executive if Executive's employment hereunder is terminated (i) by the Company without Cause (as defined in Section 6(c)), (ii) by the Executive for Good Reason (as defined in Section 6(c)), or (iii) after the Term of Employment (as defined in Section 4) has expired. Executive hereby agrees that the limitations set forth above on his rights to compete with Company after his termination of employment are reasonable and necessary for the protection of Company. In this regard, Executive specifically agrees that such limitations as to the period of time, geographic area and types and scopes of restriction on his activities, as specified above, are reasonable and necessary to protect the goodwill and other business interests of Company. However, should the time period, the geographic area or any other non- competition provision set forth herein be deemed invalid or unenforceable in any respect, then Executive acknowledges and agrees that, as set forth in Section 15 hereof, reformation may be made with respect to such time period, geographic area or other non-competition provision in order to protect Company's reasonable business interests to the maximum permissible extent.
SIMILAR BUSINESS TO COMPANY means any business or other enterprise that is competitive with the then current or planned businesses, products, services or operations of the Company or any of its Affiliated Entities at the time of termination of Executive’s employment. The parties acknowledge that the Company currently is a processor and marketer of refined sugar and produces selected specialty sugar products. For purposes of this paragraph, “planned” shall mean that the Company has taken substantial efforts and expended funds to develop such business, product operation or service and Executive has been involved in such efforts.