Agreement to Not Compete. (a) Executive acknowledges that in the course of Executive’s employment with the Company and its affiliates (hereinafter collectively referred to as the “Company Group”), Executive has and will become familiar with trade secrets and other confidential and proprietary information of the Company Group and that Executive’s services are and shall be of special, unique and extraordinary value to the Company.
Agreement to Not Compete. The Seller, Sub and Xxxxxxx agree that for a period of two years following the Closing Date (the “Non-Compete Term”), or until a payment default occurs under the Notes, whichever is earlier, the Seller, Sub and Xxxxxxx will not, either directly or indirectly, or through, on behalf of, or in conjunction with any Person, perform any services for, engage in or acquire, be an employee of, or have any financial interest in, or have any interest whatsoever in, any business (other than the Buyer) where such business is directly competitive with the Business as such Business is being conducted at the time of Closing and in the geographic area of the State of Texas.
Agreement to Not Compete. In consideration of the Purchase Price, the Seller agrees that, effective as of the date hereof and for a period of sixty (60) months hereafter (the "Non-Compete Term"), neither the Seller nor any of its Affiliates shall, without the consent of the Buyer, directly or indirectly own, engage in, manage, operate, join, control, finance or participate in the ownership, management, operation, control or financing of, or be connected as an employer, principal, agent, representative, consultant, investor, owner (including shareholder), lender, partner, manager, joint venturer or otherwise with, or permit its or its Affiliates' names to be used by or in connection with (i) the Business conducted by the Seller (except with respect to the Ravap Products) and (ii) the development, manufacturing, processing, storage, distribution, sale marketing, use and licensing of oral larvicides in the United States.
Agreement to Not Compete. (a) At any time that the Midland Principal is an Employee of Regency or any Affiliate of Regency, the Midland Principal shall not directly or Indirectly engage in the Business or Third Party Business other than on behalf of Regency or any such Affiliate of Regency and (b) during the NonCompete Period, the Midland Principal shall not directly or Indirectly engage in the Business in the Territory In Conjunction With Another Midland Principal, other than in the course of their employment by Regency or any Affiliate of Regency on behalf of Regency or such Affiliate of Regency. Notwithstanding the foregoing, if the Midland Principal is not an Employee of Regency or any Affiliate of Regency at the time, the Midland Principal may engage during the NonCompete Period in the Business in the Territory with respect to supercenters of mass merchandisers (including but not limited to Walmart, K-Mart and Target supercenters) In Conjunction With Another Midland Principal who is not an Employee of Regency or any Affiliate of Regency at the time.
Agreement to Not Compete. The Executive shall not, either during the Employment Period or for a period of twelve (12) months thereafter, directly or indirectly, in any manner whatsoever including, without limitation, either individually, or in partnership, jointly or in conjunction with any other Person, or as employee, principal, agent, director or shareholder:
Agreement to Not Compete. For a period of one year following the effective date of termination of this Agreement, RR agrees to neither directly nor indirectly solicit, accept or service the securities business of any Broker Dealer customer as of the effective date of termination or at any time otherwise use confidential information and/or trade secrets following theeffective date of termination for any purpose not related to RR’s duties under thisAgreement.
Agreement to Not Compete. In consideration of the Purchase Price and as an inducement for Buyer to enter into this Agreement, the Seller and Forshaw agree that, effective as of the date hereof and for a period of sixty (60) months hereafter (the “Non-Compete Term”), none of Seller, its Affiliates or Forshaw shall, without the consent of the Buyer, directly or indirectly, own, engage in, manage, operate, join, control, finance or participate in the ownership, management, operation, control or financing of, or be connected as an employer, principal, agent, representative, consultant, investor, owner (including shareholder), lender, partner, manager, joint venturer or otherwise with, or permit its name to be used by or in connection with (i) the Business and (ii) the manufacture, formulation, distribution or sales of pentachlorophenol or solvents for pentachlorophenol or other wood treating chemicals used to pressure treat wood in the United States.
Agreement to Not Compete. As a material inducement for the Corporation to enter into this Agreement, TDA and each of Xxxxxxx X. Xxxxxx and Xxxxxxxxx X. Xxxxxxxx hereby agree not to engage in, for the term of this Agreement, any activity of any nature that competes with the Corporation in the roofing supplies and related products markets.
Agreement to Not Compete. During the term of this Agreement, neither you, any of your Principals, nor any member of your Principal’s immediate family will have any direct or indirect interest (e.g., through a spouse) as a disclosed or beneficial owner, investor, partner, director, officer, controlling shareholder, employee, consultant, representative or agent, or in any other capacity, in a Competitive Business (defined below), whether located within or outside the Protected Territory, without our prior written consent.
Agreement to Not Compete. In consideration of the Purchase Price and as an inducement for Buyer to enter into this Agreement, Seller agrees that, effective as of the date hereof and for a period of sixty (60) months hereafter (the “Non-Compete Term”), none of Seller or its Affiliates shall, without the consent of Buyer, directly or indirectly, own, engage in, manage, operate, join, control, finance or participate in the ownership, management, operation, control or financing of, or be connected as an employer, principal, agent, representative, consultant, investor, owner (including shareholder), lender, partner, manager, joint venturer or otherwise with, or permit its name to be used by or in connection with the Penta Business or the manufacture, formulation, distribution or sales of pentachlorophenol or solvents for pentachlorophenol used to pressure treat wood in the United States and/or Canada. Notwithstanding the foregoing, Seller shall be entitled to own up to twenty-five percent (25%) of any class of equity securities of any such competitive Person if (x) such equity securities are listed on a national or regional securities exchange or registered under Section 12(g) of the Securities Act of 1933, or (y) such Person does not derive more than ten percent (10%) of their net sales revenue from the business of such Person that competes with the Penta Business of Buyer, provided, in each case, that Seller does not participate in the activities or operations of such Person.
