Common use of Compete Clause in Contracts

Compete. Engage in any business activities engaged in by the Company at any time (“Business Activities”) (other than on behalf of the Company) whether such engagement is as an officer, director, proprietor, employee, partner, investor (other than as a holder of less than 1% of the outstanding capital stock of a publicly traded corporation), consultant, advisor, agent or otherwise, in any geographic area in which the products or services of the Company have been distributed or provided during the period commencing two years prior to the Grant Date.

Appears in 3 contracts

Sources: Restricted Stock Agreement (Kaydon Corp), Restricted Stock Agreement (Kaydon Corp), Restricted Stock Agreement (Kaydon Corp)