Common use of Agreement Not to Compete Clause in Contracts

Agreement Not to Compete. Executive hereby recognizes and acknowledges that: (a) in his executive capacity with Company he will be given knowledge of, and access to, the Confidential Information (as described in Section 12); (b) in the event that Executive was to enter into competition with Company, Executive's knowledge of such Confidential Information would be of invaluable benefit to a competitor of Company, and could cause irreparable harm to Company's business interests; and (c) Executive's consent and agreement to enter into the noncompetition provisions and covenants set forth herein is an integral condition of this Agreement, without which Company would not have agreed to provide Confidential Information to Executive, nor to his compensation, benefits, and other terms of this Agreement. Accordingly, in consideration for his employment, compensation, benefits, access to and entrustment of Confidential Information, the goodwill, training and experience provided to Executive during his Employment Period, Executive hereby covenants, consents and agrees (regardless of whether or not there has been a Change of Control) that during the Employment Period, and for a period two (2) years after his employment is terminated for any reason, Executive shall not, directly or indirectly, acting alone or in conjunction with others, for his own account or for the account of others, including, without limitation, as an officer, director, stockholder, owner, partner, member, manager, joint venturer, employee, promoter, consultant, agent, lender, guarantor, representative, or otherwise:

Appears in 5 contracts

Samples: Employment Agreement (Synagro Technologies Inc), Employment Agreement (Synagro Technologies Inc), Employment Agreement (Synagro Technologies Inc)

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Agreement Not to Compete. Executive hereby recognizes and acknowledges that: (a) in his executive capacity with Company he will be given knowledge of, and access to, the Confidential Information (as described in Section SECTION 12); (b) in the event that Executive was to enter into competition with Company, Executive's knowledge of such Confidential Information would be of invaluable benefit to a competitor of Company, and could cause irreparable harm to Company's business interests; and (c) Executive's consent and agreement to enter into the noncompetition provisions and covenants set forth herein is an integral condition of this Agreement, without which Company would not have agreed to provide Confidential Information to Executive, nor to his compensation, benefits, and other terms of this Agreement. Accordingly, in consideration for his employment, compensation, benefits, access to and entrustment of Confidential Information, the goodwill, training and experience provided to Executive during his Employment Period, Executive hereby covenants, consents and agrees (regardless of whether or not there has been a Change of Control) that during the Employment Period, and for a period two (2) years after his employment is terminated for any reason, Executive shall not, directly or indirectly, acting alone or in conjunction with others, for his own account or for the account of others, including, without limitation, as an officer, director, stockholder, owner, partner, member, manager, joint venturer, employee, promoter, consultant, agent, lender, guarantor, representative, or otherwise:

Appears in 4 contracts

Samples: Employment Agreement (Synagro Technologies Inc), Employment Agreement (Synagro Technologies Inc), Employment Agreement (Synagro Technologies Inc)

Agreement Not to Compete. Executive hereby recognizes and acknowledges that: (a) in his executive capacity with Company he will be given knowledge of, and access to, the Confidential Information (as described in Section 12); (b) in the event that Executive was to enter into competition with Company, Executive's knowledge of such Confidential Information would be of invaluable benefit to a competitor of Company, and could cause irreparable harm to Company's business interests; and (c) Executive's consent and agreement to enter into the noncompetition provisions and covenants set forth herein is an integral condition of this Agreement, without which Company would not have agreed to provide Confidential Information to Executive, Executive nor to his compensation, benefits, and other terms of this Agreement. Accordingly, in consideration for his employment, compensation, benefits, access to and entrustment of Confidential Information, and the goodwill, training and experience provided to Executive during his Employment Period, Executive hereby covenants, consents and agrees (regardless of whether or not there has been a Change of Control) that during the Employment Period, and for a period two of one (21) years year after his employment is terminated for any reasonreason except termination by the Company without Cause (as defined in Section 6(b)) or termination by Executive for Good Reason (as defined in Section 6(b)), Executive shall not, directly or indirectly, acting alone or in conjunction with others, for his own account or for the account of others, including, without limitation, as an officer, director, stockholder, owner, partner, member, manager, joint venturer, employee, promoter, consultant, agent, lender, guarantor, representative, or otherwise:

Appears in 3 contracts

Samples: Employment Agreement (Synagro Technologies Inc), Employment Agreement (Synagro Technologies Inc), Employment Agreement (Synagro Technologies Inc)

Agreement Not to Compete. Executive hereby recognizes and acknowledges that: (a) in his executive capacity with Company he will be given knowledge of, and access to, the Confidential Information (as described in Section 1210); (b) in the event that Executive was to enter into competition with Company, Executive's knowledge of such Confidential Information would be of invaluable benefit to a competitor of Company, and could cause irreparable harm to Company's business interests; and (c) Executive's consent and agreement to enter into the noncompetition non-competition provisions and covenants set forth herein is an integral condition of this Agreement, without which Company would not have agreed to provide Confidential Information to Executive, Executive nor to his compensation, benefits, and other terms of this Agreement. Accordingly, in consideration for his employment, compensation, benefits, access to and entrustment of Confidential Information, and the goodwill, training and experience provided to Executive during his Employment Period, Executive hereby covenants, consents and agrees (regardless of whether or not there has been a Change of Control) that during the Employment Period, and for a period two of one (21) years year after his employment is terminated for any reasonreason except (i) termination by the Company Initials:___________ Initials:___________ Initials:___________ without Cause (as defined in Section 6(c)) or termination by Executive for Good Reason (as defined in Section 6(c)) or (ii) termination of employment after expiration of the Term of Employment due to non-renewal of this Agreement by the Company pursuant to Section 4, Executive shall not, directly or indirectly, acting alone or in conjunction with others, for his own account or for the account of others, including, without limitation, as an officer, director, stockholder, owner, partner, member, manager, joint venturer, employee, promoter, consultant, agent, lender, guarantor, representative, or otherwise:

Appears in 1 contract

Samples: Employment Agreement (Imperial Sugar Co /New/)

Agreement Not to Compete. Executive hereby recognizes and acknowledges that: (a) in his executive capacity with Company he will be given knowledge of, and access to, the Confidential Information (as described in Section 1211); (b) in the event that Executive was to enter into competition with Company, Executive's knowledge of such Confidential Information would be of invaluable benefit to a competitor of Company, and could cause irreparable harm to Company's business interests; and (c) Executive's consent and agreement to enter into the noncompetition provisions and covenants set forth herein is an integral condition of this Agreement, without which Company would not have agreed to provide Confidential Information to Executive, Executive nor to his compensation, benefits, and other terms of this Agreement. Accordingly, in consideration for his employment, compensation, benefits, access to and entrustment of Confidential Information, and the goodwill, training and experience provided to Executive during his Employment Period, Executive hereby covenants, consents and agrees (regardless of whether or not there has been a Change of Control) that during the Employment Period, and for a period two of one (21) years year after his employment is terminated for any reasonreason except (i) termination by the Company without Cause (as defined in Section 6(d)) or termination by Executive for Good Reason (as defined in Section 6(d)) or (ii) termination of employment after expiration of the Term of Employment due to non-renewal of this Agreement by the Company pursuant to Section 4, Executive shall not, directly or indirectly, acting alone or in conjunction with others, for his own account or for the account of others, including, without limitation, as an officer, director, stockholder, owner, partner, member, manager, joint venturer, employee, promoter, consultant, agent, lender, guarantor, representative, or otherwise:

Appears in 1 contract

Samples: Employment Agreement (Imperial Sugar Co /New/)

Agreement Not to Compete. Executive hereby recognizes and acknowledges that: (a) in his executive capacity with Company he will be given knowledge of, and access to, the Confidential Information (as described in Section 12); (b) in the event that Executive was to enter into competition with Company, Executive's ’s knowledge of such Confidential Information would be of invaluable benefit to a competitor of Company, and could cause irreparable harm to Company's ’s business interests; and (c) Executive's ’s consent and agreement to enter into the noncompetition non-competition provisions and covenants set forth herein is an integral condition of this Agreement, without which Company would not have agreed to provide Confidential Information to Executive, Executive nor to his compensation, benefits, and other terms of this Agreement. Accordingly, in consideration for his employment, compensation, benefits, access to and entrustment of Confidential Information, and the goodwill, training and experience provided to Executive during his Employment Period, Executive hereby covenants, consents and agrees (regardless of whether or not there has been a Change of Control) that during the Employment Period, and for a period two of one (21) years year after his employment is terminated for any reasonreason except an Involuntary Termination of Employment, Executive shall not, directly or indirectly, acting alone or in conjunction with others, for his own account or for the account of others, including, without limitation, as an officer, director, stockholder, owner, partner, member, manager, joint venturer, employee, promoter, consultant, agent, lender, guarantor, representative, or otherwise:

Appears in 1 contract

Samples: Employment Agreement (Imperial Sugar Co /New/)

Agreement Not to Compete. Executive hereby recognizes and acknowledges that: (a) in his executive capacity with Company he will be given knowledge of, and access to, the Confidential Information (as described in Section 12); (b) in the event that Executive was to enter into competition with Company, Executive's knowledge of such Confidential Information would be of invaluable benefit to a competitor of Company, and could cause irreparable harm to Company's business interests; and (c) Executive's consent and agreement to enter into the noncompetition provisions and covenants set forth herein is an integral condition of this Agreement, without which Company would not have agreed to provide Confidential Information to Executive, nor to his compensation, options, benefits, and other terms of this Agreement. Accordingly, in consideration for his employment, stock options, compensation, benefits, access to and entrustment of Confidential Information, the goodwill, training and experience provided to Executive during his Employment Period, Executive hereby covenants, consents and agrees (regardless of whether or not there has been a Change of Control) that during the Employment Period, and for a period two (2) years after his employment is terminated for any reason, Executive shall not, directly or indirectly, acting alone or in conjunction with others, for his own account or for the account of others, including, without limitation, as an officer, director, stockholder, owner, partner, member, manager, joint venturer, employee, promoter, consultant, agent, lender, guarantor, representative, or otherwise:

Appears in 1 contract

Samples: Employment Agreement (Synagro Technologies Inc)

Agreement Not to Compete. Executive hereby recognizes and acknowledges that: (a) in his executive capacity with Company he will be given knowledge of, and access to, the Confidential Information (as described in Section 12); (b) in the event that Executive was to enter into competition with Company, Executive's knowledge of such Confidential Information would be of invaluable benefit to a competitor of Company, and could cause irreparable harm to Company's business interests; and (c) Executive's consent and agreement to enter into the noncompetition provisions and covenants set forth herein is an integral condition of this Agreement, without which Company would not have agreed to provide Confidential Information to Executive, Executive nor to his compensation, benefits, and other terms of this Agreement. Accordingly, in consideration for his employment, compensation, benefits, access to and entrustment of Confidential Information, and the goodwill, training and experience provided to Executive during his Employment Period, Executive hereby covenants, consents and agrees (regardless of whether or not there has been a Change of Controlin Control as defined in Section 6(b)) that during the Employment Period, and for a period two of one (21) years year after his employment is terminated for any reasonreason except (i) termination by the Company without Cause (as defined in Section 6(b)) or termination by Executive for Good Reason (as defined in Section 6(b)) or (ii) termination of employment after expiration of the Term of Employment due to non- renewal of this Agreement by the Company pursuant to Section 4, Executive shall not, directly or indirectly, acting alone or in conjunction with others, for his own account or for the account of others, including, without limitation, as an officer, director, stockholder, owner, partner, member, manager, joint venturer, employee, promoter, consultant, agent, lender, guarantor, representative, or otherwise:

Appears in 1 contract

Samples: Employment Agreement (Imperial Sugar Co /New/)

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Agreement Not to Compete. Executive hereby recognizes and acknowledges that: (a) in his executive capacity with Company he will be given knowledge of, and access to, the Confidential Information (as described in Section 12)Information; (b) in the event that Executive was to enter into competition with Company, Executive's ’s knowledge of such Confidential Information would be of invaluable benefit to a competitor of Company, and could cause irreparable harm to Company's ’s business interests; and (c) Executive's ’s consent and agreement to enter into the noncompetition provisions and covenants set forth herein is an integral condition of this Agreement, without which Company would not have agreed to provide Confidential Information to Executive, Executive nor would Company have agreed to his compensation, benefits, and other terms of this Agreement. Accordingly, in consideration for his employment, compensation, benefits, access to and entrustment of Confidential Information, and the goodwill, training and experience provided to Executive during his Employment Period, Executive hereby covenants, consents and agrees (regardless of whether or not there has been a Change of Control) that during the Employment Period, and for a period two of one (21) years year after his employment is terminated for any reason, reason Executive shall not, directly or indirectly, acting alone or in conjunction with others, for his own account or for the account of others, including, without limitation, as an officer, director, stockholderstockholder in excess of 5% of the common stock, owner, partner, member, manager, joint venturer, employee, promoter, consultant, agent, lender, guarantor, representative, or otherwise:

Appears in 1 contract

Samples: Severance Agreement (Imperial Sugar Co /New/)

Agreement Not to Compete. Executive hereby recognizes and acknowledges that: (a) in his executive capacity with Company he will be given knowledge of, and access to, the Confidential Information (as described in Section 12); (b) in the event that Executive was to enter into competition with Company, Executive's knowledge of such Confidential Information would be of invaluable benefit to a competitor of Company, and could cause irreparable harm to Company's business interests; and (c) Executive's consent and agreement to enter into the noncompetition provisions and covenants set forth herein is an integral condition of this Agreement, without which Company would not have agreed to provide Confidential Information to Executive, Executive nor to his compensation, benefits, and other terms of this Agreement. Accordingly, in consideration for his employment, compensation, benefits, access to and entrustment of Confidential Information, and the goodwill, training and experience provided to Executive during his Employment Period, Executive hereby covenants, consents and agrees (regardless of whether or not there has been a Change of Control) that during the Employment Period, and for a period two of one (21) years year after his employment is terminated for any reasonreason except (i) termination by the Company without Cause (as defined in Section 6(c)) or termination by Executive for Good Reason (as defined in Section 6(c)) or (ii) termination of employment upon expiration of the Term of Employment (as defined in Section 4), Executive shall not, directly or indirectly, acting alone or in conjunction with others, for his own account or for the account of others, including, without limitation, as an officer, director, stockholder, owner, partner, member, manager, joint venturer, employee, promoter, consultant, agent, lender, guarantor, representative, or otherwise:

Appears in 1 contract

Samples: Employment Agreement (Imperial Holly Corp)

Agreement Not to Compete. Executive hereby recognizes and acknowledges that: (a) in his executive capacity with Company he will be given knowledge of, and access to, the Confidential Information (as described in Section 1211); (b) in the event that Executive was to enter into competition with Company, Executive's knowledge of such Confidential Information would be of invaluable benefit to a competitor of Company, and could cause irreparable harm to Company's business interests; and (c) Executive's consent and agreement to enter into the noncompetition provisions and covenants set forth herein is an integral condition of this Agreement, without which Company would not have agreed to provide Confidential Information to Executive, Executive nor to his compensation, benefits, and other terms of this Agreement. Accordingly, in consideration for his employment, compensation, benefits, access to and entrustment of Confidential Information, and the goodwill, training and experience provided to Executive during his Employment Period, Executive hereby covenants, consents and agrees (regardless of whether or not there has been a Change of Control) that during the Employment Period, and for a period two of one (21) years year after his employment is terminated for any reasonreason except (i) termination by the Company without Cause (as defined in Section 6(c)) or termination by Executive for Good Reason (as defined in Section 6(c)) or (ii) termination of employment after expiration of the Term of Employment due to non- renewal of this Agreement by the Company pursuant to Section 4, Executive shall not, directly or indirectly, acting alone or in conjunction with others, for his own account or for the account of others, including, without limitation, as an officer, director, stockholder, owner, partner, member, manager, joint venturer, employee, promoter, consultant, agent, lender, guarantor, representative, or otherwise:

Appears in 1 contract

Samples: Employment Agreement (Imperial Sugar Co /New/)

Agreement Not to Compete. Executive hereby recognizes and acknowledges that: (a) in his executive capacity with Company he will be given knowledge of, and access to, the Confidential Information (as described in Section 12)confidential information; (b) in the event that Executive was to enter into competition with Company, Executive's ’s knowledge of such Confidential Information would be of invaluable benefit to a competitor of Company, and could cause irreparable harm to Company's ’s business interests; and (c) Executive's ’s consent and agreement to enter into the noncompetition provisions and covenants set forth herein is an integral condition of this Agreement, without which Company would not have agreed to provide Confidential Information to Executive, Executive nor to his compensation, benefits, and other terms of this Agreement. Accordingly, in consideration for his employment, compensation, benefits, access to and entrustment of Confidential Information, and the goodwill, training and experience provided to Executive during his Employment Period, Executive hereby covenants, consents and agrees (regardless of whether or not there has been a Change of Controlin Control as defined in Section 1(d)) that during the Employment Period, and for a period two of one (21) years year after his employment is terminated for any reason, reason Executive shall not, directly or indirectly, acting alone or in conjunction with others, for his own account or for the account of others, including, without limitation, as an officer, director, stockholder, owner, partner, member, manager, joint venturer, employeeexecutive, promoter, consultant, agent, lender, guarantor, representative, or otherwise:

Appears in 1 contract

Samples: Change of Control Agreement (Imperial Sugar Co /New/)

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