Agreement Not to Compete With the Company. During the Executive’s employment hereunder and for a period of 24 months following the date of termination thereof (the “Non-Competition Period”), the Executive will not, directly or indirectly, own, manage, operate, control or participate in any manner in the ownership, management, operation or control of, or be connected as an officer, employee, partner, director, principal, member, manager, consultant, agent or otherwise with, or have any financial interest in, or aid or assist anyone else in the conduct of, any business, venture or activity which in any material respect competes with the following enumerated business activities to the extent then being conducted or being planned to be conducted by the Company or its Affiliates or being conducted or known by the Executive to being planned to be conducted by the Company or by any of its Affiliates, at or prior to the date on which the Executive’s employment under this Agreement is terminated (the “Date of Termination”), in the United States or any other geographic area where such business is being conducted or being planned to be conducted at or prior to the Date of Termination (a “Competitive Business”, defined below). For purposes of this Agreement, “Competitive Business” shall be defined as: (i) any company or other entity engaged as a “quick service restaurant” (“QSR”) which offers pizza for sale; (ii) any “quick service restaurant” which is then contemplating entering into the pizza business or adding pizza to its menu; (iii) any entity which at the time of Executive’s termination of employment with the Company, offers, as a primary product or service, products or services then being offered by the Company or which the Company is actively contemplating offering; and (iv) any entity under common control with an entity included in (i), (ii) or (iii), above. Notwithstanding the foregoing, ownership of not more than 5% of any class of equity security of any publicly traded corporation shall not, of itself, constitute a violation of this Section 8.1.
Agreement Not to Compete With the Company. (a) While employed by the Company, and for a period of one year following the termination of such employment for any reason, I shall not participate, directly or indirectly, on my own behalf or as owner, stockholder, partner, director, officer, manager, employee, agent or consultant, in any business, firm or corporation, or business or other activity, which is in direct or indirect competition with the Company, which intends at any time to compete directly or indirectly with the Company, or which sells, licenses, leases or otherwise provides any products or services similar to any products or services that are, or are proposed to be at the time of such termination, sold, licensed, leased or provided by the Company, in the United States. Notwithstanding the foregoing, I may purchase on a national securities exchange or in the “over-the-counter” market securities representing up to 5% of the combined voting power of the outstanding securities of any company whose securities are listed on such exchange or publicly traded in such market.
Agreement Not to Compete With the Company. The Executive agrees that during the Executive’s employment hereunder and for a period of twenty-four (24) months following the date of termination thereof (the “Non-Competition Period”), he will not, directly or indirectly, own, manage, operate, control or participate in any manner in the ownership, management, operation or control of, or be connected as an officer, employee, partner, director, principal, consultant, agent or otherwise with, or have any financial interest in, or aid or assist anyone else in the conduct of, any business, venture or activity which competes with, any business, venture or activity being conducted or actively being planned to be conducted by the Company or being conducted or known by the Executive to be actively being planned to be conducted by a group or division of the Company or by any of its Affiliates, at or prior to the date (the “Date of Termination”) on which the Executive’s employment under this Agreement is terminated, in the United States or any other geographic area where such business is being conducted or actively being planned to be conducted at or prior to the Date of Termination. Notwithstanding the foregoing, ownership of not more than five percent (5%) of any class of equity security of any publicly held corporation shall not, of itself, constitute a violation of this Section 8.
Agreement Not to Compete With the Company. During the period of Employee’s employment and the Non-Competition Period thereafter, Employee agrees he shall not, without the Company’s prior written consent, directly or indirectly, (i) own, manage, operate, or participate in the ownership, management, or operation of any Competitive Business in the Restricted Territory, or (ii) provide services to or be employed as a director, officer, employee, partner or consultant of any Competitive Business in the Restricted Territory. In the event of a violation of this subparagraph by Employee, the non-competition period will be extended an additional twelve (12) months from the date the violation ceases.
Agreement Not to Compete With the Company. So long as the license granted pursuant to the License and Development Agreement is exclusive, neither the Consultant nor MOI shall, on their own behalf, or as owner, manager, stockholder, consultant, director, officer or employee of any business entity, participate in the development or provision of medical products or services which the Consultant and MOI know or should know are directly competitive with products or services developed or provided, or under development by the Company or consistent with the Company's development plan, without the prior written authorization of the Company; provided, however, that the Consultant may, without the Company's prior written authorization, own up to one percent (1%) of the issued and outstanding securities of any publicly held corporation. The Consultant and MOI recognize that the Company is developing highly specialized products and services in competition with other business entities throughout the United States and the world, which products and services are designed to compete in regional, nation-wide and world-wide markets. In light of the competitive nature of the Company's products and services, the Consultant agrees that the restrictions contained in this Section 1 cannot be limited to any geographic area.
Agreement Not to Compete With the Company. During the Executive’s employment hereunder, during any period in which the Executive otherwise provides services to the Company or any of its Affiliates and for a period of 24 months thereafter, (the “Non-Competition Period”), the Executive will not, directly
Agreement Not to Compete With the Company. The Executive agrees that during the Executive's employment hereunder and for a period of twelve (12) months following the date of termination thereof (the "Non-Competition Period"), he will not, without the prior written consent of the Board, directly or indirectly, own, manage, operate, control or participate in any manner in the ownership, management, operation or control, or be connected as an officer, employee, partner, director, principal, consultant, agent or otherwise with, or have any financial interest in, or aid or assist anyone else in the conduct of, any business, venture or activity which is engaged in any Competitive Activity (as defined below) in any geographic area where such Competitive Activity is being conducted or actively being planned to be conducted at or prior to Executive's termination hereunder. Notwithstanding the foregoing, ownership of not more than five percent (5%) of any class of equity security of any publicly held corporation shall not, of itself, constitute a violation of this Section 8. "Competitive Activity" means being engaged in any business engaged in the aerospace fastener distribution business or any other business which is competitive with the existing or planned business of the Company or planned business of the Company which it had taken to implement and had not abandoned at or prior to the Executive's termination hereunder.
Agreement Not to Compete With the Company. The Consultant agrees that during the term of the Consultant’s engagement hereunder and for a period of twelve (12) months following the date of termination thereof (the "Non-Competition Period"), the Consultant will not, directly or indirectly (a) own, manage, operate, control or participate in any manner in the ownership, management, operation or control of, or be connected as an officer, employee, director, principal, consultant, agent or otherwise with, any business that competes with the Company or any group division or subsidiary of the Company, in the United States or any other geographic area where such Competitive Business is being conducted at the Date of Termination or (b) recruit or otherwise seek to induce any employees of the Company or any of its subsidiaries to terminate their employment or violate any agreement with or duty to the Company of any of its subsidiaries. The Consultant’s consulting or other activities described as Permitted Activities pursuant to Section 2.3 above, shall not be considered participation in an activity which competes with the business of the Company or any group, division or subsidiary of the Company. Further, ownership of not more than five percent of the voting stock of any publicly held corporation shall not, of itself, constitute a violation of this Section 7.
Agreement Not to Compete With the Company. As long as the Teacher and or Independent contractor is working for the Company, Teacher and or Independent contractor shall not participate directly or indirectly, in any capacity, in any business or activity that is in direct competition with the Company. Furthermore, in recognition of the fact that Teacher and or Independent contractor will have access to the confidential information of the Company and that the Company's relationships with their customers and potential customers constitute a substantial part of their good will, the Independent contractor agrees that for one (1) year from and after termination of this Agreement, for any reason, unless acting with the Company's express prior written consent, the Teacher and or Independent contractor shall not, directly or indirectly, in any capacity, solicit or accept business from, provide consulting services of any kind to, or perform any of the services offered by the Company for, any of the Company's customers or prospects with whom the Independent contractor had business dealings in the year next preceding termination. Termination may be achieved by either party by providing a written notice of termination, which date of receipt shall xxxx the commencement of the 1 year non-compete term.
Agreement Not to Compete With the Company. (a) While employed by the Company, and for a period of eighteen (18) months following the termination of such employment for any reason (unless such termination occurs before the first anniversary of the commencement of employment, in which case the period shall be one (1) year following such termination), I shall not participate, directly or indirectly, on my own behalf or as owner, stockholder, partner, director, officer, manager, employee, agent or consultant, in any business, firm or corporation, or business or other activity, which is in direct or indirect competition with the Company, which intends at any time to compete directly or indirectly with the Company, or which sells, licenses, leases or otherwise provides any products or services similar to any products or services that are, or are proposed to be at the time of such termination, sold, licensed, leased or provided by the Company, in the United States. Notwithstanding the foregoing, I may purchase on a national securities exchange or in the “over-the-counter” market securities representing up to 5% of the combined voting power of the outstanding securities of any company whose securities are listed on such exchange or publicly traded in such market.
